Australia is forecast to show modest growth in the passenger car airbag market. Cohesive government regulation, early adoption of the New Car Assessment Program, consumer awareness toward vehicle safety are among the major factor augmenting the growth of the market. Vehicle recall due to faulty airbags is one of the major challenges for the industry. In Australia, companies such as Audi, BMW, Chrysler, Ferrari, Ford, General Motors Chevrolet, Honda, Jeep and so on have to recall their cars due to faulty airbags.
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High adoption of airbags has been witnessed in the country. In cars, the front airbag was introduced in 1990. By 2014, around 80% of the light vehicles have a driver’s airbag. In the country, passenger cars have reduced the fatality in road accidents by 25% in a front-impact crash. The government has mentioned various laws regarding the safety of driver and passenger under the Australian Design Rule (ADR). ADR 69 is related to full-frontal crash protection and ADR 73 is rule related to offset frontal impact occupant protection. The Australasian New Car Assessment Program (ANCAP) was founded in 1993. The program focuses on the crash testing of vehicles for the Australian and New Zealand vehicles and also publishes results for consumers.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Australia Passenger Car Airbag Market by Type
- Front Airbag
- Side Airbag
- Curtain Airbag
- Knee Airbag
Australia Passenger Car Airbag Market by Vehicle Type
- Hatchback
- Sedan
- SUV
Company Profiles
- Autoliv Inc.
- Continental AG
- DENSO Corp.
- Hyundai Mobis Co., Ltd.
- Key Safety Systems, Inc.
- Robert Bosch GmbH
- TRW Automotive Holdings Corp.
The Report Covers
- Comprehensive research methodology of the Australia Passenger Car Airbag Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Australia Passenger Car Airbag Market.
- Insights about market determinants which are stimulating the Australia Passenger Car Airbag Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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