Europe is one of the key players for the sales and production of the airbag and automotive. The market is expected to grow at a CAGR of around 6% during the forecast period. The UK, Germany, Spain, Italy, France are the leading automobile manufacture across the globe. The market share of Europe in the global automotive market is near to 20% however, their cars are more popular due to high comfort and speed in the vehicles.
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As per the International Organization of Motor Vehicle Manufacturers, more than 5 million cars were manufactured in Germany in 2018 and the country is the biggest vehicle manufacturer in Europe followed by France, Russia, and UK in 2018 respectively. The major automotive player having headquarter in Europe are Volkswagen, Daimler, BMW, Robert Bosch, Peugeot, Renault, Volvo, Continental AG, Autoliv, ZF TRW, Delphi Automotive, NXP semiconductor and so on. The airbag is fitted voluntarily by the car manufacturer in most of the cars. The cars have to pass the crash test program and need a maximum rating for the safety of driver and passenger. Hence, they implement various airbags to get a better rating.
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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
European Passenger Car Airbag Market by Type
- Front Airbag
- Side Airbag
- Curtain Airbag
- Knee Airbag
European Passenger Car Airbag Market by Vehicle Type
- Hatchback
- Sedan
- SUV
Regional Analysis
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- Autoliv Inc.
- Continental AG
- Daicel Corp.
- DENSO Corp.
- Hyundai Mobis Co., Ltd.
- Key Safety Systems, Inc.
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Toyoda Gosei Co., Ltd.
- TRW Automotive Holdings Corp.
The Report Covers
- Comprehensive research methodology of the European 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 European Passenger Car Airbag market.
- Insights about market determinants which are stimulating the European 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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