Over the five years to 2016, revenue for the Car Airbag Manufacturing industry is expected to increase. Industry operators manufacture airbags for all types of automobiles, including passenger cars and heavy trucks. Due to being an intermediate good in the production of automobiles, industry revenue tends to ebb and flow with fluctuations in demand for new vehicles. As a result, several positive trends have stimulated industry revenue, such as rising consumer confidence. Although the industry is anticipated to grow, industry operators encounter several obstacles that will likely inhibit profitability, such as rising import penetration and new technology. Over the five years to 2021, these negative trends will likely persist, if not become more prominent; however, industry revenue is anticipated to continue to increase, bolstered by higher demand from large automakers.
This industry produces airbags for all types of automobiles. Airbags are used to protect the driver during and after an accident. These airbags are sold directly to auto manufacturers or airbag distribution operators.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.