India Airbag Fabric Market 2022-2030

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    INDIA AIRBAG FABRIC MARKET

     

    INTRODUCTION

     Airbag fabrics are typically high-strength woven materials that keep their physical integrity against fast inflation by an inert gas to cushion impacts.

    Infographics-India Airbag Fabric Market , India Airbag Fabric Market Size, India Airbag Fabric Market Trends, India Airbag Fabric Market Forecast, India Airbag Fabric Market Risks, India Airbag Fabric Market Report, India Airbag Fabric Market Share

     

    Typically, woven fabric which may be coated or uncoated and must be impermeable to gasses and flame resistant is used to make airbags. For general manufacturing and automotive uses, airbag cushions are typically woven from nylon textiles.

     

    INDIA AIRBAG FABRIC MARKET SIZE AND FORECAST

     

    The India airbag fabric market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

     

    MARKET DYNAMICS

    In India’s Gujarat state, in the Sarigam Industrial Estate, Toray Industries, Inc. announced the opening ceremony of a new factory for producing airbag fabric owned by Toray Kusumgar Advanced Textile Private Limited.

     

    In collaboration with the Indian company Kusumgar Corporates private limited, which creates and markets functional textiles, TKAT makes and markets airbag fabric. As auto production rises and crash testing becomes mandated, the demand for airbag fabric is anticipated to rise in India, and the opening of the new plant is intended to meet this rise in demand.

     

    The largest airbag manufacturer in the world, Autoliv, was contacted by TATA Motors, a major automaker in India, to produce an airbag for its new car, the Nano, that will be in compliance with global safety requirements and cost no more than $10. The price of this airbag would be the lowest in the world; they typically cost at least $150.

     

    These airbags will be included in the two deluxe Nano models, according to the firm. The value of airbags as car safety restraint systems has increased significantly during the past ten years.

     

    The industry is preparing for both an opportunity and a cost issue as the Indian government prepares to mandate the installation of six airbags in all new passenger vehicle models sold in India. Even though the law would greatly increase the volume of airbags sold, a sizable investment is still needed to localise these technology.

     

    Consumer awareness of road safety is rising, and government requirements are pushing OEMs to design new models with curtain airbags that protect the side windows. However, older platforms may still need to be reengineered to comply with the forthcoming need.

     

    Maruti Suzuki, the largest automaker in India, has expressed concern about the new regime and warned that it may have to completely leave the entry-level small car market because the targeted market would no longer be able to purchase the vehicles, severely hurting the company’s profitability.

     

    Increased safety features in cars will undoubtedly boost costs, but only temporarily, according to Joyson Anand Abhishek Safety Systems Pvt. Ltd.

     

    MARKET DYNAMICS

     

    The lightest knee airbag modules in the automotive industry, which help to improve occupant safety, are being developed by ZF at the forefront of the industry.

     

    2019 will see ZF introduce an industry first fabric housing knee airbag for a significant European automaker. The new knee airbag, which makes use of a fabric housing, will be up to 30% lighter than a knee airbag with a conventional metal housing and will serve to increase occupant safety in an accident. A number of industry trends will be supported by the new ZF fabric housing knee airbag.

     

    Smaller and more flexible packaging will assist meet future interior design and safety requirements for electric and autonomous vehicle interiors, while the less weight results in improved fuel economy and lower emissions.

     

    With the aid of the new airbag module, automakers will be able to better meet standards for interior layout, like fortifying the instrument panel. This may help to further cut weight and expenses in some situations.

     

    A new manufacturing procedure will be used to create the new knee airbag module from ZF. This technique enables more exact module package configurations, which contribute to improving the airbag’s quality and performance. All markets and light vehicle ranges can be configured for the fabric housing design.

     

    With breakthroughs in a variety of areas, such as autonomous driving, connected vehicles, alternative fuel vehicles, lightweight vehicles, and blockchain, the automobile industry has been experiencing the most potentially disruptive decade.

     

    Since many nations are imposing strict government restrictions by mandating airbags, especially in the driver and passenger side, passenger safety has been the industry’s primary concern. On the demand for airbag materials, these trends are leaving an overall good impression. Because the demand for cars and airbags are inversely correlated, the market for airbag materials is also influenced by the latter.

     

    The market for airbag fabrics in the automotive sector is being driven by expanding automobile production due to an increase in disposable income, rising airbag installation rates per vehicle, stricter safety regulations, and consumer demand for low-cost materials.

     

    The market is divided into four categories according to the type of airbag used: driver airbag, passenger airbag, side airbag, curtain airbag, and others.

     

    The major user of airbag materials in the automobile sector has been the curtain airbag. It is also anticipated that during the projected period, this airbag type will increase at the fastest rate. The market for curtain airbags is expanding at a faster rate thanks to a rise in the penetration of these airbags in cars and the rising proportion of SUVs in the production of light vehicles.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per India airbag fabric market right now and how will it change in the next 5-6 years?
    2. Average cost to set up an airbag fabric market in India?
    3. How many India airbag fabric markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a India airbag fabric market and key vendor selection criteria
    6. Where is the India airbag fabric market  manufactured? What is the average margin per equipment?
    7. Market share of India airbag fabric market manufacturers and their upcoming products
    8. The most important planned India airbag fabric market in next 2 years
    9. Details on network of major India airbag fabric market and pricing plans
    10. Cost advantage for OEMs who manufacture India airbag fabric market in-house
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
                 
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