Press release
Automotive Airbag Fabric Market Detailed In New Research Report 2024
Global Automotive Airbag Fabric Market size was valued at USD 2.8 Billion in 2022 and is poised to grow from USD 3.0 Billion in 2023 to USD 4.96 Billion by 2031, growing at a CAGR of 6.48% in the forecast period (2024-2031).
The Research report on Automotive Airbag Fabric Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Request for Sample Copy of this Global Automotive Airbag Fabric Market: https://www.skyquestt.com/sample-request/automotive-airbag-fabric-market
Segmental Analysis
Airbag Type
Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag, and Other Airbags
Vehicle Type
Passenger Cars, Light Commercial Vehicles, Heavy Trucks, Buses, and Coaches
Coating Type
Neoprene Coated, Silicone Coated, and Uncoated
Yarn Type
Polyamide and Polyester
Market Dynamics
Drivers
Increasing Demand for Electric Vehicles
The demand for electric vehicles is driving manufacturers to invest in electric vehicle technology. Many original equipment manufacturers (OEMs) have announced various investment strategies for developing and introducing new capacity. Ford, for example, announced a $1.5 billion (about $5 per person in the US) U.S. $11 billion (about $34 per person in the US) will be invested in electric vehicles by 2022. The company plans to roll out 40 EVs by 2022, of which 16 will be fully electric and 24 will be equipped with hybrids by 2019 with German car giant Volkswagen AG in it with a total investment of $66.3 billion (about $200 per person in the US) over the next five years to build more electric and hybrid vehicles, with plans to roll out 75 all-electric vehicles and 60 hybrids MG Motor intends to manufacture, build electric vehicles in India , with an investment of US$1.5 billion. $500 million plus in 2020 sales. The increasing demand for electric vehicles among consumers is expected to provide opportunities for the growth of the automotive airbag market and thus the sales of the airbag fabric market will increase throughout the forecast period.
Rapidly Increasing Vehicle Safety Awareness Among Consumers is Helping the Demand for Airbags
Strict regulations by governing bodies such as the National Highway Transportation Safety Authority (NHTSA) and the European Commission, safety campaigns by many private organizations gather passenger safety awareness among consumers. These factors ultimately make consumers move on to advanced safety systems and in-vehicle features.
Want to customize this report? Ask here : https://www.skyquestt.com/speak-with-analyst/automotive-airbag-fabric-market
By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report
• Continental AG• Delphi Automotive PLC• Hyundai Mobis• Autoliv Toyoda Gosei• Denso Corporation • Robert Bosch GmbH• HMT (Xiamen) New Technical Materials• Asahi Kasei• Autoliv AB• Kolon Industries• Teijin Limited• Toray Industries• Toyobo Co.• Toyota Boshoku Corporation• Trw Automotive• • • • •
View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/automotive-airbag-fabric-market
The research provides answers to the following key questions:
• What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Automotive Airbag Fabric Market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Automotive Airbag Fabric Market?
• What are the prominent market trends influencing the development of the Automotive Airbag Fabric Market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Automotive Airbag Fabric Market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way, Westford,
Massachusetts 01886
USA (!) 351-333-4748
Visit Our Website: https://www.skyquestt.com/
The Research report on Automotive Airbag Fabric Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
Request for Sample Copy of this Global Automotive Airbag Fabric Market: https://www.skyquestt.com/sample-request/automotive-airbag-fabric-market
Segmental Analysis
Airbag Type
Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag, and Other Airbags
Vehicle Type
Passenger Cars, Light Commercial Vehicles, Heavy Trucks, Buses, and Coaches
Coating Type
Neoprene Coated, Silicone Coated, and Uncoated
Yarn Type
Polyamide and Polyester
Market Dynamics
Drivers
Increasing Demand for Electric Vehicles
The demand for electric vehicles is driving manufacturers to invest in electric vehicle technology. Many original equipment manufacturers (OEMs) have announced various investment strategies for developing and introducing new capacity. Ford, for example, announced a $1.5 billion (about $5 per person in the US) U.S. $11 billion (about $34 per person in the US) will be invested in electric vehicles by 2022. The company plans to roll out 40 EVs by 2022, of which 16 will be fully electric and 24 will be equipped with hybrids by 2019 with German car giant Volkswagen AG in it with a total investment of $66.3 billion (about $200 per person in the US) over the next five years to build more electric and hybrid vehicles, with plans to roll out 75 all-electric vehicles and 60 hybrids MG Motor intends to manufacture, build electric vehicles in India , with an investment of US$1.5 billion. $500 million plus in 2020 sales. The increasing demand for electric vehicles among consumers is expected to provide opportunities for the growth of the automotive airbag market and thus the sales of the airbag fabric market will increase throughout the forecast period.
Rapidly Increasing Vehicle Safety Awareness Among Consumers is Helping the Demand for Airbags
Strict regulations by governing bodies such as the National Highway Transportation Safety Authority (NHTSA) and the European Commission, safety campaigns by many private organizations gather passenger safety awareness among consumers. These factors ultimately make consumers move on to advanced safety systems and in-vehicle features.
Want to customize this report? Ask here : https://www.skyquestt.com/speak-with-analyst/automotive-airbag-fabric-market
By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report
• Continental AG• Delphi Automotive PLC• Hyundai Mobis• Autoliv Toyoda Gosei• Denso Corporation • Robert Bosch GmbH• HMT (Xiamen) New Technical Materials• Asahi Kasei• Autoliv AB• Kolon Industries• Teijin Limited• Toray Industries• Toyobo Co.• Toyota Boshoku Corporation• Trw Automotive• • • • •
View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/automotive-airbag-fabric-market
The research provides answers to the following key questions:
• What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Automotive Airbag Fabric Market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Automotive Airbag Fabric Market?
• What are the prominent market trends influencing the development of the Automotive Airbag Fabric Market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Automotive Airbag Fabric Market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way, Westford,
Massachusetts 01886
USA (!) 351-333-4748
Visit Our Website: https://www.skyquestt.com/
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