Driving Safety: The Rapid Growth of the Indian Airbag Market Amid Regulatory Push

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Automotive airbags are passenger restraint devices that assist in protecting the passenger's head and chest in the event of a vehicle accident or crash.

Indian Airbag Market is anticipated to reach US$ 6.92 Bn by 2027 from US$ 2.98 Bn in 2021 at a CAGR of 12.8 % during a forecast period.

Indian Airbag Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Indian Airbag Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Indian Airbag Market.

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Indian Airbag Market Scope and Methodology:

The Indian Airbag Market requires a mix of both qualitative and quantitative research methods. Indian Airbag Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Indian Airbag market. The bottom-up approach was used to determine the global and regional Indian Airbag market sizes.

Indian Airbag Market Regional Insights:

The Indian Airbag Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Indian Airbag Market Segmentation:

 by Vehicle Type

• Hatchback
• Sedan
• Multi-Purpose Vehicle
• Sports Utility Vehicle
• Light Commercial Vehicles


by Airbag Type

• Front Airbag
• Knee Airbag
• Side Airbag
• Curtain Airbag

The automobile airbag and seatbelt industry's fastest-growing sector is curtain airbags. They're commonly positioned on the roof above the side window, on the side of the seat or the door. Curtain airbags protect the adult's head in the case of a collision. Curtain airbags have been shown to minimise the probability of a driving death by 45 per cent. Pedestrian airbags have been increasingly popular in recent years. When a car is poised to collision with a pedestrian, these are immediately deployed. In the forecast period, this market is expected to be driven by rising income levels and more safety awareness.


by Demand Category

• OEM’s
• Aftermarket

Indian Airbag Market Key Players:

 • Autoliv Inc.
• Takata Corporation
• ZF India Pvt. Ltd.
• Denso Corporation
• Joyson Safety Systems
• Robert Bosch GmbH
• Toyoda Gosei Co. Ltd.
• Hyundai Mobis Co.
• Nihon Plast
• Ashimori
• East Joy Long
• Rane TRW Steering Systems Limited
• MOBIS India Limited
• Bosch Limited
• Continental India Private Limited
• Daicel Chiral Technologies India Private Limited

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Key questions answered in the Indian Airbag Market are:

  • What is Indian Airbag?
  • What is the growth rate of the Indian Airbag Market?
  • Which are the factors expected to drive the Indian Airbag Market growth?
  • What are the upcoming opportunities and trends for the Indian Airbag Market?
  • Who are the leading companies and what are their portfolios in Indian Airbag Market? 
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Indian Airbag Market?
  • Who are the key players in the Indian Airbag Market?
  • What are the different segments of the Indian Airbag Market?
  • Which is the fastest growing region in the Indian Airbag Market?
  • What growth strategies are the players considering to increase their presence in Indian Airbag?
  • What is the CAGR at which the Indian Airbag Market will grow during the forecast period?
  • What segments are covered in the Indian Airbag Market?

To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/india-airbag-market/42264/ 

Key Offerings:

  • Past Market Size and Competitive Landscape 
  • Past Pricing and price curve by region
  • Market Size, Share, Size Forecast by different segment 
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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