An exciting new study from the team of Lucintel found that automotive airbag market is expected to reach $17.9 billion by 2027 with a CAGR of 6.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

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The automotive airbag market is segmented based on airbag type, vehicle type, and region. In this market, front airbag is expected to remain the largest airbag type. Players can benefit from the available opportunities like increasing light vehicle production; China will remain the leading market in terms of vehicle production.

Development of flexible venting technology, application of bioplastics materials in airbag module, development of lightweight airbag inflators, and development of low-cost airbag Electronic Control Unit are emerging trends having impact on dynamics of the industry.

Autoliv Inc., Joyson Safety Systems, ZF TRW Automotive Holding Corp, Toyoda Gosei Co., Ltd., and Hyundai Mobis Co., Ltd. are some of the major players profiled in this 190 page report.

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Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the automotive airbag market by airbag type (front airbag, side airbag, curtain airbag, and knee airbag), by vehicle type (small cars, mid-size cars, large cars, MPV and LCV, SUV, and other vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the automotive airbag market?

Q.4 What are some changing demands of customers in the automotive airbag market?

Q.5 What are the new developments in the automotive airbag market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive airbag area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive airbag market?

This unique report from Lucintel 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

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.