According to a market report by Lucintel, the future of the automotive airbag electronics market looks promising with opportunities in the compact cars, mid-sized cars, small cars, luxury cars, light commercial vehicles, heavy commercial vehicles, and electric vehicle markets. The automotive airbag electronics market is expected to grow with a CAGR of 7% from 2019 to 2024. The major drivers for this market are stringent government safety regulations, growing demand for safer and more efficient driving experience, and increasing electronic content per vehicle.
Compact cars, mid-sized cars, luxury cars, light commercial vehicles, heavy commercial vehicles, and electric cars are the major end use segments of the automotive airbag electronics market.
Within the automotive airbag electronics market, front, side, curtain, and knee airbag are the major airbag type. Front airbag is the largest airbag segment for automotive airbag electronics market.
Asia Pacific will remain the largest region over the forecast period due to the rising consumer income levels, increased vehicle production in developing countries, such as India and China, and increase in the number of luxury vehicles.
Autoliv, Joyson Safety Systems, Denso Corporation, Toyoda-Gosei, Takata Corporation, TRW Automotive Holdings, Hyundai Mobis, Ashimori, Nihon Plast, and Ningbo Joyson Electronic are among the major manufacturers of automotive airbag electronics.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive airbag electronics market by airbags type, by end use, by sales channel, and by region. Lucintel has prepared a comprehensive research report titled " Automotive Airbag Electronics Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive airbag electronics market by airbags type, by end use, by sales channel, and by region as follows:
By Airbag Type [$M shipment analysis for 2013 – 2024]
• Frontal airbags
• Knee airbags
• Side & curtain airbags
By End Use [$M shipment analysis for 2013 – 2024]
• Passenger Car
o Small cars
o Compact cars
o Mid-Sized cars
o Luxury cars
o SUVs & Crossovers
• Light Commercial Vehicle
• Heavy Commercial Vehicles
• Electric Vehicles
By Sales Channel [$M shipment analysis for 2013 – 2024]
• OEM
• Aftermarket
By Region [$M shipment analysis for 2013 – 2024]
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o Russia
o France
o United Kingdom
o Italy
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
• The Rest of the World
o Brazil
o Turkey

This more than 150-page research report 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 email us at [email protected].

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.



This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the airbag electronics market by airbags type (frontal airbags, knee airbags, side & curtain airbags), by end use (small cars, compact cars, mid-sized cars, luxury cars, light commercial vehicles, heavy commercial vehicles, and electric vehicles), by sales channel (OEM, aftermarket), and by region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the airbag electronics market?
Q.5 What are the business risks and threats to the automotive airbag electronics market?
Q.6 What are emerging trends in this airbag electronics market and the reasons behind them?
Q.7 What are some changing demands of customers in the automotive airbag electronics market?
Q.8 What are the new developments in the automotive airbag electronics market? Which companies are leading these developments?
Q.9 Who are the major players in this automotive airbag electronics market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this airbag electronics area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, automotive airbag electronics market?