Germany passenger car airbag market is forecast to augment at a CAGR of around 6% during the forecast period. The country is a leading exporter of vehicles and their spare parts. The German economy has a significant share of the automotive sector with around 15-20% of the total economy. As per the International Organization of Motor Vehicle Manufacturer, around 5.1 million passenger cars were manufactured in Germany in 2018, 3rd highest after China and Japan. The country is known for its quality products and brands. The major brands which are German-based include Audi, BMW, Iveco, MAN, Mercedes, Opel, Porsche, and Volkswagen. Along with OEM, the country has well renowned auto-ancillary companies that supply their products all across the globe. Some major is Bosch GmbH, Continental AG, ZF TRW, BASF SE, Mahle GmbH, Thyssen Krupp and so on.
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The Germany airbag market is segmented based on type and vehicle type. By type, the market is further analyzed into front airbag, side airbag, curtain airbag, and knee airbag. The front airbag segment is expected to have a major market share during the forecast period whereas knee and curtain airbags will find a significant growth rate. By vehicle type, the market is segmented into Hatchback, Sedan, and SUV. Hatchback is expected to have a major market share during the forecast period.
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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
Germany Passenger Car Airbag Market by Type
- Front Airbag
- Side Airbag
- Curtain Airbag
- Knee Airbag
Germany Passenger Car Airbag Market by Vehicle Type
- Hatchback
- Sedan
- SUV
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 Germany 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 Germany Passenger Car Airbag Market.
- Insights about market determinants which are stimulating the Germany 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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