Automotive Curtain Airbags | Accelerating CAGR of Close to 8% During 2021-2025

Hyundai Mobis Co. Ltd., Ningbo Joyson Electronic Corp., Robert Bosch GmbH, Sumitomo Corp. are among the key vendors discussed in the research report

Technavio has been monitoring the automotive curtain airbags market and it is expected to grow by $ 50.16 million, during the forecast period. The market will accelerate at a CAGR of almost 7.46%. The market is segmented  by application to include passenger cars and commercial vehicles. The geographic segmentation includes APAC, North America, Europe, South America, and MEA. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.  These insights will enable clients to derive a true understanding of the growth segments and geographical regions that can be targeted to win a larger share of  the maket.

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Automotive Curtain Airbags Market: APAC region to lead market growth

• 44% of the automotive curtain airbags market growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for automotive curtain airbags market in APAC. 
• Growth by the passenger cars segment will be significant during the forecast period. The adoption of side/curtain airbags, knee airbags, and exterior airbags is increasing in the passenger cars segment. This is expected to remain a major driving factor for the growth of the passenger cars segment in the global automotive curtain airbags market during the forecast period.
• Production shift to low cost countries will be a significant factor in driving the growth of the automotive curtain airbags market.

Automotive Curtain Airbags Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Autoliv Inc., Daicel Corp., Hyundai Mobis Co. Ltd., Ningbo Joyson Electronic Corp., Robert Bosch GmbH, Sumitomo Corp., Toray Industries Inc., Toyoda Gosei Co. Ltd., Visteon Corp., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Automotive Curtain Airbags Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive automotive curtain airbags market growth during the next five years
• Precise estimation of the automotive curtain airbags market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive curtain airbags market industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive curtain airbags market vendors

Browse through some of other related market research reports for more insights:

• Bicycle Bags Market: Global bicycle bags market will post an incremental growth of $ 31.65 million and progressing at a CAGR of 4.07% during the forecast period.
• Golf Bags Market: Technavio has been monitoring the golf bags market and it is expected to grow by $ 122.44 million, accelerating at a CAGR of almost 3% during the forecast period.
• Agricultural Grow Bags Market: Technavio’s Agricultural Grow Bags Market is set to grow by $ 190.00 million, and the market will be progressing at a CAGR of almost 5% till 2025.
• Medical Specialty Bags Market: Technavio has been monitoring the medical specialty bags market and it is expected to grow by $ 2.81 billion, accelerating at a CAGR of over 5% during the forecast period.
• Disposable Garbage Bags Market: The disposable garbage bags market is set to grow by $ 1.36 billion, accelerating at a CAGR of almost 5.03% during the forecast period.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of 7.46%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 50.16 million through 2021-2025.
    
3. What is a key factor driving this market?
   Production shift to low cost countries will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   44% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Autoliv Inc., Daicel Corp., Hyundai Mobis Co. Ltd., Ningbo Joyson Electronic Corp., Robert Bosch GmbH, Sumitomo Corp., Toray Industries Inc., Toyoda Gosei Co. Ltd., Visteon Corp., and ZF Friedrichshafen AG
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Passenger cars and Commercial vehicles) and Geography (APAC, North America, Europe, South America, and MEA)