Global Automotive Curtain Airbag Market Research Based on Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2022

Posted on 2018-10-03 by Mark Hub in Automotive // 0 Comments

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Fact.MR has published a new research report titled “Global Automotive Curtain Airbag Market Research Based on Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2022” to its online database that tries to unveil the various scenarios prevailing in the Automotive Curtain Airbag Market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the Automotive Curtain Airbag Market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers during the stated forecast period (2017-2022).

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As safety is becoming increasingly important among the passengers, the manufacturers in the automotive industry are integrating enhanced technology that reduces the risk of injury. In an attempt to provide flexible transportation system embedded with security, the automotive manufacturers are installing the automotive curtain airbag systems in vehicles. Unexpected accidents are a result of wear and tear of the vehicle, complex designs of the vehicle, and frictional resistance. During an unexpected accident, the passengers could injure their knees and necks. Attributed to such factors, demand for curtain airbags is expected to increase in the automotive industry globally.

According to a recently published a report, the global automotive curtain airbags market is expected to represent a value of over US$ 200 Mn by the end of 2022.

Consumption in the Healthcare Industry

Besides the automotive industry, the automotive curtain airbag also witness considerable demand in the healthcare industry. During an unexpected accident, the curtain airbag protect the heads and the necks of the patients. In case of unexpected accident, the system deploys curtain airbag in the position of the attendant and CPR for providing safety to the passengers in the patient compartment. The ambulance manufacturers continue to integrate the roll sensors in the ambulance, which enables the system to deploy protection during an unexpected accident.

Government in various countries are increasingly imposing regulations regarding the safety facilities in the automotive industry. Bound to imposition of government regulations, manufacturers are increasingly installing devices for the safety of the passengers.

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With the emerging technology, consumers mainly prefer automotive products that are equipped with safety devices, however the controller needs to keep a track of the foolproof software in order to prevent false alarms. One marker for drop in the sales of automotive curtain airbag is due to deployment of curtain airbag on slight collision of the automotive. Moreover, the automotive manufacturers are increasingly integrating advanced technology that deploy the airbags outside the vehicle in order to ensure that the passengers and the body of the vehicle remain damage-free. Attributed to such factors, demand for automotive curtain airbag is expected to rev up during the forecast period.

OEM to Represent a Leading Segment

Surge in demand for airbags that are resistant to oil, heat, ozone, and chemicals has led manufacturers prefer using neoprene for coating the airbags. Neoprene coated airbag is expected to witness the highest revenue growth in the global market. The neoprene coated segment is expected to represent a value of nearly US$ 50 Mn by the end of 2022. However, the silicone coating segment is expected to register the highest CAGR in the global market throughout 2022.

On the basis of yarn type, the nylon type segment is expected to witness the highest revenue growth in the global market. By the end of 2017, nylon as compared to other types of yarn is expected to represent a value of over US$ 40 Mn globally. The nylon type segment is expected to register the highest CAGR in the global market throughout 2022.

OEM as compared to other channels of sale is expected to witness highest revenue growth in the global market. The OEM segment is expected to represent a value over US$ 50 Mn by the end of 2017. However, sales of the automotive curtain airbag is expected to remain high through the aftermarket channels. The aftermarket channel is expected to register the highest CAGR in the global market throughout 2022.

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