Trends and Forecast for the Global Automotive Airbag Electronics MarketTrends, opportunities and forecast in automotive airbag electronics market to 2024 by airbags type (frontal airbags, knee airbags, side & curtain airbags), end use (passenger car [small cars, compact cars, mid-sized cars, luxury cars, suvs & crossovers],light commercial vehicles, heavy commercial vehicles, and electric vehicles), sales channel (OEM, aftermarket), and region (North America, Europe, Asia Pacific, and Rest of the World).Lucintel's latest market report analyzed that automotive airbag electronics provides attractive opportunities in the compact cars, mid-sized cars, premium cars, luxury cars, light commercial vehicles, heavy commercial vehicles, and electric vehicle markets. The automotive airbag electronics market is expected to grow with a CAGR of 7%. In this market, frontal airbag is the largest segment by airbags type.
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Based on airbags type, the automotive airbag electronics market is segmented into frontal airbags, knee airbags, side & curtain airbags. The frontal airbags segment accounted for the largest share of the market in 2020.
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The automotive airbag electronics market is marked by the presence of several big and small players. Some of the prominent players offering automotive airbag electronics include Autoliv, Joyson Safety Systems, Denso Corporation, Toyoda-Gosei, Takata Corporation, TRW Automotive Holdings, Hyundai Mobis, Ashimori, Nihon Plast, and Ningbo Joyson Electronic, and others.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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