Global Automotive Curtain Airbags Market 2021-2026

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    GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET

     

    INTRODUCTION

    Nearly a decade ago, airbag systems were mainly deployed in the luxury segment vehicles. Curtain airbags are placed at the front pillars, roof sides, and the rear pillars. It deploys simultaneously with the side airbag to protect the driver’s or passenger’s head, and it minimizes injury in the event of a side collision.

     

    In the current day, airbags are nearly ubiquitous in automobiles. A variety of airbags are used to reduce injuries caused by automobile accidents. Road automobile accidents are reduced when various types of airbags are used. An airbag is used to protect against serious injuries caused by a car accident. In the case of an accident, the airbag will instantly inflate in less than a second.

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

     

    The majority of airbags can only be utilised once. Curtain airbags deploy in side impact incidents, including as T-bone collisions or collisions with trees and poles. They are deployed from the top of the door rails above the side window and provide cushioning between the driver and passengers. For many years, the side curtain airbag has received superior safety ratings in passenger vehicles and minivans.

     

    However, manufacturers have recently discovered innovative ways to modify side curtain technology expressly for specialised uses, particularly in high-risk cars. Convertible and SUV drivers, for example, now benefit from side curtain protection and rollover-specific security. Curtain airbags can also be quite useful as subcompacts become more popular.

     

    Side curtain airbags are designed to complement traditional airbag systems to create safer vehicles all around. They’re currently optional in the United States, although the National Highway Traffic Safety Administration (NHTSA) mandated that all new vehicles must include them to meet more stringent side impact safety standards by 2013.

     

    The rising concerns of consumers about safety, the increasing pressure from regulatory bodies and due to the intense competition in the market. Vehicle manufacturers have been offering a greater number of airbags in cars, due to which the usage of airbags has jumped up to three times in the last three to four years.

     

    Almost every new car that has been launched in the last couple of years has at least one airbag (driver side) while some also have curtain airbags, especially in the developing countries.  Therefore, curtain airbags have been majorly deployed in SUVs and Vans compared to other vehicle types. 

     

    To know more about Global Automotive Airbag Market, read our report

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

    AUTOMOTIVE CURTAIN AIRBAGS MARKET SEGMENTATION

    Automotive Curtain Airbags Market By OEM

    • GM
    • Ford
    • Toyota
    • Hyundai-KIA
    • Renault
    • Honda
    • VW
    • BMW
    • VW Group
    • Daimler
    • other Top OEMs

     

    Automotive Curtain Airbags Market By Vehicle Type

    • Passenger Cars
    • Commercial Vehicles

     

    Automotive Curtain Airbags Market By Geography

    • US
    • Europe
    • China
    • Japan
    • India
    • Latin America
    • ROW

     

    AUTOMOTIVE CURTAIN AIRBAGS MARKET DYNAMICS

    Side-impact airbags, often known as curtain airbags, are an important safety element that protects the driver and passengers in the case of a collision. Curtain airbags assist shield occupants from the car frame and windows during a side impact collision or if the car rolls since they deploy between the top and bottom of any side door windows. These curtain airbags assist to minimise auto accident-related deaths by up to 40% by acting as a cushion between passengers’ heads and the vehicle’s structure.

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

     

    Vehicle makers have increased the number of airbags available in vehicles, resulting in a threefold increase in airbag usage in the previous three to four years. Almost every new automobile introduced in the previous several years has at least one airbag (driver side), with some additionally having curtain airbags, particularly in poorer nations.

     

    Airbag systems were mostly used in premium automobiles almost a decade ago. The situation has now completely altered as a result of increased regulatory pressure, severe market rivalry, and rising consumer worries about safety. These forces amplify the long-standing relevance of automobiles.

     

    In comparison to other vehicle types, curtain airbags have been widely used in SUVs and vans. Curtain airbags, on the other hand, are anticipated to witness development in the market analysed over the forecast period, owing to their increasing acceptance in mini-cars to heavy-duty trucks in the future years, owing to rising safety requirements across all vehicle types.

     

    All occupants must have a specific degree of head and torso protection, according to federal regulations on side-impact protection. While it does not expressly need side airbags, they are generally used to provide the necessary safety. Similarly, increased public awareness and technical advances are likely to drive demand for curtain airbags.

     

    The stringent rules and regulations put in place by governments across the globe is expected to raise the growth of the airbag market. For instance, in the US, the National Highway Traffic Safety Administration (NHTSA) has established several regulations for all of the vehicles to incorporate curtain as well as side airbags.

     

    Similarly, the Indian Government has also imposed rules to promote road safety by incorporating front airbags in vehicles from April 2021. The government of India has also proposed a new rule for the standardization of minimum 6 airbags in all passenger vehicles.

     

    In India, the number of cars that have incorporated a minimum of 6 airbags are approximately 77 including all the model variants with add-on features. The best selling cars with 6 airbags are the Kia Seltos, Hyundai i20, Hyundai Creta, Hyundai Venue and the Tata Harrier.

     

    There are 7 airbags in mid-priced models like the Mahindra XUV300 and Toyota Yaris.

     

    Hyundai i20 is the cheapest car to have 6 airbags and is also the top selling brand with an INR 6.91 to INR 11.40.

     

    Almost all the best selling vehicles that are operated in the European Union have a minimum of 6 airbags including curtain airbags. The Renault Clio incorporates 6 airbags with side curtain airbags, as well as the Volkswagen Tiguan incorporates curtain airbag system along with knee airbag, front side impact airbags and driver with front passenger airbag deactivation switch. The Renault Captur also incorporates a minimum 6 airbag safety system with curtain airbags with driver and front passenger front and head airbag.

     

    Europe is the largest market for curtain airbags and is expected to register a CAGR of over X% during the forecast period. With the growing consumer acceptance, advancement in technology, and lower prices, the market for curtain airbags has been witnessing a boost of growth in the region.

     

    Germany is the automotive hub in Europe, and it is a strategically important market for curtain airbags. Germany boasts of 41 automotive assembly plants, and thus, experiences augmented demand for curtain airbags. Other key contributors to the European market are France, UK, Spain, and Italy.

     

    Asia-Pacific is the fastest-growing market for automotive curtain airbags and stores potential growth opportunities for market expansion. In the emerging economies, such as China and India, there has been encouraging signs for OEMs to introduce curtain airbags in high-end cars. The high adoption rate of passive safety systems and the rapid growth of the automotive industry support the growth of the market studied in China.

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

     

    RECENT TECHNOLOGICAL TRENDS IN GLOBAL AUTOMOTIVE CURTAIN AIRBAGS MARKET

    If a collision happens, sensors on the vehicle’s exterior relay messages to the airbag module. If the sensors along the side of your car are impacted, an alarm is sent, and the curtain airbags activate. Curtain airbags inflate in a fraction of a second, shielding passengers’ heads, shoulders, and sides from the impact’s power.

     

    The situation has now completely altered as a result of increased regulatory pressure, severe market rivalry, and rising consumer worries about safety. These pressures amplify the long-standing importance for automakers to incorporate an airbag system in every vehicle, regardless of market sector.

     

    The Airbags have been integrated with the sensor requirements of advanced technologies which have been focused on IoT and Smart automation technologies. These are made in such a manner that a reduced collision effects wherein there is a sensor that receives information from an acceleration meter called an accelerometer that is built into a microchip.

     

    Inside the airbag’s inflation system, it contains sodium azide and potassium nitrate,  when the two react it creates nitrogen gas. The blast of hot nitrogen gas creates the inflation of the airbag.

     

    The most recent innovation has been in the placement of the airbag system within the requirements of the car collision system analysis. The centre side airbag is the improvisation made wherein , The centre side airbag is mounted on the right side of the driver’s seat and inflates in the event of a side impact.

     

    At this time, the driver’s upper body movement is suppressed to prevent secondary accidents such as colliding with the interior materials or hitting the head with the passenger. In addition, it prevents neck injury from strong side collisions, which greatly reduces damages.

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

    RECENT TRENDS IN THE AUTOMOTIVE CURTAIN AIRBAGS MARKET

    • In July 2021, Toyoda Gosei developed a new driver-side airbag with a new structure which safely protects the occupant. The airbag was incorporated in the new Honda Civic launched in North America this year.
    • In April 2021, Chevrolet Aftersales announced the replacement of more than 12,000 vehicles that were impacted due to the faulty Takata airbags in the year 2019.
    • In January 2021, Daicel Corporation announced the plans to launch its new manufacturing site in India in order to fulfill the growing demand for the automobile airbags.
    • In July 2019, ZF announced the development of an external smart airbag system which will improve the safety of vehicles by pushing the oncoming vehicle away.
    • In the year 2019, Scania introduced rollover side curtain airbags in the company’s trucks. They claimed that the add-on feature will target the most critical rollover accidents.
    • Joyson Safety systems developed an integrated Foam sensor technology for occupant classification. The technology is used to measure the force profile of the seat occupant which is then used in the deployment of airbags based on a force strategy.

     

     

    COVID-19 IMPACT ON AUTOMOTIVE CURTAIN AIRBAGS MARKET

    The COVID-19 pandemic has caused several industries to roll back their production and manufacturing activities due to the lockdowns and pandemic protocols put in place by governments across the world. The supply chain operations have been disrupted as raw materials and most importantly electronic semiconductors for the automotive industry have been in backlog due to the lockdowns in China and Taiwan.

     

    The outbreak of COVID-19 had a negative impact on the sale of passenger vehicles due to the halt in production and globe lockdown during the second quarter of the year 2020. However, as the countries started to open and resume activities, the automotive industry recovered as the demand for vehicles increased and production also increased.

     

    With the rise in the sales of vehicles incorporating the rules and regulations imposed by the transport ministries of different countries, automakers are increasing the incorporation of airbags in vehicles to improve the safety of passengers. Luxury brands that manufacture vehicles with the rising concerns about the environment have seen a rise in demand for electric vehicles which in turn increase the incorporation and demand for new airbag technology.

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

     

    AUTOMOTIVE CURTAIN AIRBAGS MARKET COMPETITIVE LANDSCAPE

    Airbag systems usually  consist  of  multiple  sensors,  a  control module and one airbag.  The  sensors  are  placed in positions that are possible to be compromised in the event of an accident, information from accelerometers, wheel speed sensors and different sources can also be monitored by the airbag control unit. 

     

    If particular conditions are detected,  the  control unit is capable of activating the airbags. Producers must stay abreast of the rising technology and sensor-based intelligence in automobiles in order to maintain their position.

     

    Toyota Corporation has made itself into the innovation line of development for the curtain airbags requirements in the market. The SRS based development has been focused by the organisation to have better mobility solutions into the market. The airbag is deployed in such a manner that the impact to the head would be minimised in all respects.

     

    The unique airbag deploys as a curtain-like barrier from the roof line over the rear window. The airbag, in conjunction with the headrests, helps to lessen the severity of injuries by minimising impact to the head from a crashing vehicle or components of the struck vehicle. Its usage in the upcoming “iQ” ultra-compact four-seater is projected to roughly quadruple the car’s rear passenger head protection performance.

     

    ZF Corporation has been involved in development of varied levels of side and curtain airbags which are focused upon better enhancement. The additional development has been focussed on the far side-based airbag development.

     

    The much larger far-side airbag is integrated in the driver’s seat in the same way as a side airbag is. In the case of a head-on collision, the airbag control unit has the ability to activate the far-side airbag quickly after the normal side airbag.

     

    The far-side airbag is either strapped to the seat frame or supported by the centre console to provide stability. It can also be activated if there is a collision on the driver’s side. This is because lateral acceleration can cause two automobile occupants to crash with each other if there are individuals seated in both of the car’s front seats. In this case, the far-side airbag can assist in preventing this precise situation.

     

    • Autoliv announced the second quarter results for the year 2021 with net sales worth $2,022 million with an increase of 93% as compared to the second quarter of the year 2020 which reported sales worth $1,048 million.
    • ZF has partnered with ZOOX, a subsidiary of Amazon that develops personal transportation solutions. As part of the agreement, ZF will provide riding safety systems with advanced occupant protection systems such as curtain airbags for the robo-taxis manufactured by Zoox. The company recently recorded the financial report for the first half of the year 2021 with sales worth EUR 19.3 billion which was greater than the pandemic stricken year of 2020 with sales worth EUR 13.5 billion.
    • Continental AG in the year 2019 announced plans to introduce a manufacturing unit in Bengaluru, India for the development of airbag control units. The units will be designed on the modular safety platform named SPEED ( Safety Platform for Efficient & Economical Design) which will incorporate all market requirements.The company recently released the half-yearly financial report for the first half of the year 2021 with the sales worth $23.7 billion which was an increase from the previous year which reported $19.5 billion for H1 of 2020. The sales of the automotive technology department was $9.2 billion for the same term, an increase from the H1 of 2020 which reported $7.9 billion worth sales.
    • Joyson Safety systems announced plans to become the primary supplier for automotive components including airbags to support General Motors’ Super Cruise Driver Assistance System.
    • Denso Corporation recently released the first quarter results for the fiscal year 2022 with the total consolidated revenue of $12.3 billion which was a 77.3% increase from the previous year same quarter. The company also stated that the revenue has significantly increased due to the recovery in sales of vehicles and production activities from the COVID-19 pandemic.
    • Denso’s revenue decreased by 4.2%, to ¥4,936.7 billion for the year ended March 31, 2021. Vehicle sales greatly decreased in the first quarter owing to a significant market contraction caused by the impact of the COVID-19 pandemic and subsequently turned to recovery, but shortage of semiconductors and raw materials also reduced revenue. Operating profit increased by ¥94.0 billion, or 153.9%, to ¥155.1 billion owing to accelerated reform of the corporate structure,
    • Volkswagen’s unit in the US has agreed to a $42 million settlement which covers 1.35 million vehicles that were equipped with the faulty and dangerous Takata airbag inflators. Along with Volkswagen, seven other major OEMs have agreed to settlements worth approximately $1.5 billion covering millions of vehicles incorporated with the faulty airbags.
    • Autoliv experienced strong organic sales growth in all regions, except China, as global LVP grew by 52% vs. Q2 last year. Sales increased organically by 85%, outperforming global LVP by more than 33pp, largely due to launches and positive vehicle and geographical mix effects. All regions except Rest of Asia outperformed LVP by 4-38pp. Sequentially, LVP declined by 8% compared to Q1 2021.

     

    infographic: Automotive Curtain Airbags Market, Automotive Curtain Airbags Market Size, Automotive Curtain Airbags Market Trends, Automotive Curtain Airbags Market Forecast, Automotive Curtain Airbags Market Risks, Automotive Curtain Airbags Market Report, Automotive Curtain Airbags Market Share

     

    AUTOMOTIVE CURTAIN AIRBAGS MARKET COMPANY PROFILE

    1. Autoliv
    2. ZF Group
    3. Toyoda Gosei
    4. Joyson Safety Systems
    5. Daicel Corporations
    6. Denso
    7. Kolon Industries
    8. Nihon Plast Co
    9. Continental
    10. Hyundai Mobis

     

    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, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    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, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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