Airbag Electronics Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026

Report Highlights

Airbag Electronics Market: Global Overview

In recent years, a considerable rise in consciousness concerning safety of automobiles has driven the demand for airbag systems and their control units. Vehicles are being equipped with ample number of airbags to minimize the potentials of putting the occupants’ lives at risk. New electronic control units are being developed by OEMs, and advancements such as pre-tensioners and rapid deployment protocols are being incorporated in their development. With growing sales of automobiles recorded across the globe, the demand for airbags is expected to soar concurrently. Manufacturers of airbag electronics are shifting their traditional approach and catering to the electrical requirements of smart airbags. Advanced airbag designs, highly-integrated crash sensors, seat occupancy detectors, and deployment control units are some of the key components of airbag electronics which will continue to incur innovations in the near future.

Transparency Market Research has developed an insightful forecast study on the expansion of the global market for airbag electronics for the assessment period, 2017-2026. In this study, several aspects encompassing the production and adoption of airbag electronics have been addressed and analyzed to ascertain their impact on market growth. Advancements in the integration of airbags across different types of vehicles have been studied to reveal future prospects of manufacturing airbag electronic control units. Emergence of a variety of additional sensors has been pegged to make the manufacturing of airbag electronics more complex in the near future. Furthermore, changing government policies and an upsurge in the implementation of initiatives towards promoting automobile safety are also studied to develop a roadmap of airbag electronics market expansion in this report.