Automotive Airbag Information and Analysis with Forecast Growth: Passenger Cars Vehicle Type Segment Anticipated to Gain Significantly High BPS During the Forecast Period: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)
"Automotive
Airbag Market: Passenger Cars Vehicle Type Segment Anticipated to
Gain Significantly High BPS During the Forecast Period: Global
Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Report
Description
Manufacturers in the global automotive airbag
market are focussed on developing high quality airbags. In developing
regions, airbag manufacturers are trying to focus on technological
advancements, whereas in developing regions the focus is more on
creating and maintaining an effective supply chain. North America,
Japan and APEJ are key focus areas for players in this market.
Suppliers also cater to the specific requirements of airbag
manufacturers while adhering to high quality standards of production.
According to our research, the global automotive airbag market is
estimated to experience a significant growth; however, it is still at
a nascent stage in developing countries such as India, Mexico and
China as compared to other developed markets such as U.S., Canada and
Western Europe. In a new publication titled “Automotive
Airbag Market: Global Industry Analysis 2012-2016 and
Opportunity Assessment 2017-2027,”
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have highlighted that manufacturers directly supply the raw material
to the suppliers and the suppliers are the main point of contact for
the aftermarket and distributors. Moreover, distributors further
distribute products to various OEMs and the aftermarket, where direct
contact between suppliers and the aftermarket doesn’t exist.
According to our study, Latin American countries
are focussing on introducing airbags in every car. Hence they are at
an evolving stage and are focussing on airbags only. On the other
hand, in India and China, airbags have been made mandatory for safety
purposes in line with car safety programs. But they are at the
initial stages, so there is a low threat of other products or
services. In Japan, the threat of substitute products is low because
Japan is focussing on adding airbags in every vehicle. However,
technological advancements like pedestrian airbags can be used which
requires the basic airbag technology.
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-- Airbag Industry
Product Lifecycle--
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Many new products and technologies such as
pedestrian air bag, smart airbag, fizzy logic software
for airbag and occupant sensor system are in the developing stage to
meet the growing demand for smarter and safer airbags. These products
will eventually be introduced into the market. The Asian market is
still in the introductory phase of the product life cycle. Passenger
vehicle sales in Asia is showing double digit growth as compared to
its counterparts such as U.S and Europe. The demand for safer
vehicles is also increasing in Asia. On the other hand, the North
America, Japan and Europe markets fall into the growth phase of the
airbag product life cycle. The market for frontal airbags is now
saturated; and given the low sales of passenger vehicles, growth of
these new markets will be fuelled by the installation of new airbag
systems like side impact airbag.
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-- Research
Methodology--
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We have adopted a systematic research approach
while studying the global automotive airbag market. In-depth
secondary research is used to arrive at the overall market size, top
industry players, top products and industry associations. Our
analysts have formulated a detailed discussion guide and
comprehensive questionnaires in order to conduct expert interviews
with industry experts, industry players, distributors and retailers.
Data is validated using the triangulation method, wherein primary and
secondary research data along with Future Market Insights’ analysis
contribute to the final data. We have also analysed the various
companies’ annual reports, investor presentations, SEC filings and
press releases to fetch substantial information pertaining to the
market size, trends, opportunities, drivers and restraints.
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Clear Details get Table of Contents @
https://www.researchmoz.us/automotive-airbag-market.html/toc
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