Boston, MA -- (SBWIRE) -- 02/15/2017 -- Since their inception, airbags have gained importance in the automotive industry. Airbags in passenger cars were first installed from mid-1970, and the use of airbags has grown in terms of advancements and applications. Driver and front passenger airbags have emerged as a standard feature in most of the passenger cars manufactured today. In addition, the safety of passengers and drivers is not limited to frontal airbags; applications such as side airbags and curtain airbags are growing faster in the market today.

Technavio's analysts forecast the global automotive external airbags market to grow at a CAGR of 10.25% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive external airbags market for 2017-2021. To calculate the market size, the report considers a combination of top-down and bottom-up approaches, wherein in-house databases have been used to arrive at the global automotive external airbags market.

The market is divided into the following segments based on geography:

Get More Details on this Report and a Full Table of Contents at Global Automotive External Airbags Market 2017-2021

-Americas
-APAC
-EMEA

Technavio's report, Global Automotive External Airbags Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Autoliv
-Hyundai MOBIS
-Takata
-TOYODA GOSEI

Other prominent vendors

-Ashimori Industry
-Bosch
-Continental
-DAICEL
-DELPHI
-Key Safety Systems (KSS)
-Nihon Plast
-Ningbo Joyson Electronic
-ZF TRW

Market driver

-Driver negligence to drive the demand for pedestrian protection airbags
-For a full, detailed list, view our report

Market challenge

-Lower fuel economy of vehicles and high cost of aftermarket installation
-For a full, detailed list, view our report

Market trend

-Autonomous vehicles to increase adoption of pedestrian protection airbags
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Autoliv, Hyundai MOBIS, Takata, TOYODA GOSEI, Ashimori Industry, Bosch, Continental, DAICEL, DELPHI, Key Safety Systems (KSS), Nihon Plast, Ningbo Joyson Electronic, ZF TRW

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