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Automotive Curtain Airbags Market Is Expected to Grow with CAGR of 4.12%
Market Summary Rising demand for customer’s safety, stringency of safety regulations, increasing sales of luxury vehicles, growing use of passive safety systems will drive the market at a high CAGR during the forecast period. Market Size- USD 3.05 Billion in 2018, Market Growth- CAGR of 4.12%, Market trends- rising awareness and demand for occupant safety, stringent safety regulations, increasing competition among automakers to offer product differentiating factors , North America expected to register the highest market share during the forecast period
Our Approach Our Approach Market Summary According to the current analysis of Reports and Data, the global automotive curtain airbags market was valued at USD 3.05 billion in 2018 and is projected to witness a growth of 4.12% of CAGR during the forecasted period in 2026. Automotive curtain airbags are a side airbag which protects the head of the passenger or river in the collision or accident. The curtain airbags get instantaneously opened when a collision happens. The curtain airbags are deployed at the door rail above the window. The global automotive curtain airbags market is majorly driven by the extensive acceptance of the passive safety systems and stringent government regulations for passenger. Stringent government safety norms and increasing awareness and general concerns for safety among the people are expected to propel the growth of the automotive curtain airbags over the forecast period. Development of the technology, along with increased streamlined and lean systems along with the competitive dynamics, will fuel the product demand. Rising consumer acceptance, increasing disposable income, technology advancement, and economic order quantity may further push the utilization of curtain airbags, which is also anticipated to boost the market over the forecast period. Luxury car manufacturers are emphasizing on promoting usage of automotive curtain airbags, including passenger and driver sensing systems and anticipatory crash technologies which are also expected to be driving factors for the growth. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2193
Our Approach Our Approach Market Summary Further key findings from the report suggest • The increase in consumer awareness toward vehicle safety features, growth in automobile sector are the significant drivers of the industry. • The market has higher impact of the increasing number of road accidents and the stricter government regulations around the safety of the vehicle • With major automobile ancillaries wanting to expand their market share, across the globe, every vendor is leveraging new safety features in their products to obtain a greater customer base over time. • Automotive curtain airbags significantly enhance the safety features offered to the end-customer, and hence are expected to witness technological advancement and development in the duration of the forecast period • High demand for automotive curtain airbags that have more strength and high resistant to heat, chemicals, and oil has led the vendors to provide coated airbags with neoprene. • Sales of neoprene coated airbags is expected to remain high during the forecast period in the automotive curtain airbag market. Currently, the segment contributes around USD 41 million To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/automotive-curtain-airbags-market
Our Approach Our Approach Market Summary Key participants include Autoliv Inc. (Sweden), ZF Friedrichshafen AG (Germany), Takata Corporation (Japan), Toyoda Gosei Co., Ltd. (Japan), Ningbo Joyson (China), Ashimori Industry Co., Ltd. (Japan), Nihon Plast Co., Ltd. (Japan), Continental (Germany), Denso Corporation (Japan), Visteon (USA) For the purpose of this study, Reports and Data have segmented the industry by Material, by Vehicle Type, by Sales Channel, by Coating and by Region: Automotive Curtain Airbags by Material (Revenue, USD Million; 2016–2026) Nylon Polyester Automotive Curtain Airbags by Vehicle Type (Revenue, USD Million; 2016–2026) Passenger vehicles Luxury Cars Non-Luxury Cars
Our Approach Our Approach Market Summary Automotive Curtain Airbags by Sales Channel (Revenue, USD Million; 2016–2026) OEM Aftermarket Automotive Curtain Airbags by Coating (Revenue, USD Million; 2016–2026) Coated Neoprene Silicon Non-coated Order Now: https://www.reportsanddata.com/checkout-form/2193
Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com