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Global Commercial Vehicle Airbag Systems Market 2017-2021

About Commercial Vehicle Airbag Systems

Airbags are automotive safety features in vehicles that have been engineered to inflate at a rapid speed during the event of an accident. The inflated airbags help in protecting the in-vehicle occupants in the event of a crash. Thus, these are categorized under automotive passive safety features. The commercial vehicle OEMs, both LCVs and HCVs, have been continuously working on both the active as well as passive safety systems in their vehicles in order to make their offerings safer and in line with the stringent regulations on driver and passenger safety in automobiles across the geographies.

Technavio’s analysts forecast the global commercial vehicle airbag systems market to grow at a CAGR of 2.97% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle airbag systems market for 2017-2021. To calculate the market size, the report considers the unit shipments of commercial vehicle airbag systems across the geographies.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Vehicle Airbag Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Autoliv
  • Takata
  • ZF-TRW
  • Key Safety Systems
Other prominent vendors
  • Toyoda Gosei
  • Hyundai Mobis
  • Continental
  • Delphi Technologies
  • Bosch
  • Daicel
  • JOYSON
  • Nihon Plast
  • Ashimori Industry
Market driver
  • Rising demand for CVs owing to increasing developments in construction sector
  • For a full, detailed list, view our report
Market challenge
  •  High-cost pressure on OEMs
  • For a full, detailed list, view our report
Market trend
  • Integration of crash sound sensor in airbags
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Airbag Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial vehicle airbag systems market: Autoliv, Takata, ZF-TRW, and Key Safety Systems.

Other Prominent Vendors in the market are: Toyoda Gosei, Hyundai Mobis, Continental, Delphi Technologies, Bosch, Daicel, JOYSON, Nihon Plast, and Ashimori Industry.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of crash sound sensor in airbags. In the event of an accident, the airbag system must decide in a fraction of a second whether inflation is required or not. To enhance this process, a crash sound sensor is integrated into the airbag system. This sensor is used to determine the severity of the accident based on the sound that is produced due to the collision.”

According to the report, one driver in the market is rising demand for CVs owing to increasing developments in construction sector. Infrastructural developments contribute to increased demand for commercial trucks, tractors, and trailers. This directly leads to increased demand for commercial vehicle airbag systems. Of late, the BRIC nations have been witnessing massive infrastructural expansions. The construction and the mining industries have witnessed immense growth in these nations. This leads to the growth of the global commercial vehicle airbag systems market, which can be linked to increased economic advancements on a global basis.

Further, the report states that one challenge in the market is high-cost pressure on OEMs. Auto OEMs are subject to heavy cost pressures due to the dynamism of the regulatory environment and demanding consumer base. Environment and safety standards are pressurizing OEMs to find means to comply with the regulations while not transmitting additional costs to the consumer. Controlling emissions is bound to increase the cost of the vehicle. For instance, according to the National Automobile Dealers Association, the US CAFE standards (effective in 2016) increased the manufacturing cost of a vehicle by $1,000. In addition, OEMs need to innovate drivetrain technologies to comply with the newer emission standards.

Companies Mentioned

Autoliv, Takata, ZF-TRW, and Key Safety Systems, Toyoda Gosei, Hyundai Mobis, Continental, Delphi Technologies, Bosch, Daicel, JOYSON, Nihon Plast, and Ashimori Industry.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Automotive industry: Overview
      • Table Global automotive market by vehicle type 2016-2021 (million units)
    • Commercial vehicle industry: Overview
      • Table LCV: Key operating sectors
    • Automotive airbags: An overview
    • Regulatory framework
      • Table A few regulations pertaining to automotive airbag market
    • Airbags in commercial vehicles
  • Market landscape
    • Market overview
      • Table Segmentation of global commercial vehicle airbags market 2016-2021
    • Market size and forecast
      • Table Global commercial vehicle airbag systems market 2016-2021 (million units)
    • Value chain analysis
      • Table Value chain representation of global commercial vehicle airbag systems market
    • Product lifecycle
      • Table Product lifecycle of commercial vehicle airbags system 2016
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Global commercial vehicle airbag systems market segmentation by vehicle type
      • Table Global commercial vehicle airbag systems market segmentation by vehicle type2016 and 2021
      • Table Global commercial vehicle airbag systems market segmentation by vehicle type2016-2021 (% share)
    • Global commercial vehicle airbag systems market by LCVs
      • Table Global commercial vehicle airbag systems market by LCVs 2016-2021 (million units)
    • Global commercial vehicle airbag systems market in HCVs
      • Table Global commercial vehicle airbag systems market in HCVs 2016-2021 (million units)
  • Geographical segmentation
    • Global commercial vehicle airbag systems market segmentation by geography
      • Table Global commercial vehicle airbag systems market segmentation by geography 2016
      • Table Global commercial vehicle airbag systems market segmentation by geography 2021
      • Table Global commercial vehicle airbag systems market segmentation by geography 2016-2021 (% share)
    • Commercial vehicle airbag systems market in Americas
      • Table Commercial vehicle airbag systems market in Americas 2016-2021 (million units)
    • Commercial vehicle airbag systems market in APAC
      • Table Commercial vehicle airbag systems market in APAC 2016-2021 (million units)
    • Commercial vehicle airbag systems market in EMEA
      • Table Commercial vehicle airbag systems market in EMEA 2016-2021 (million units)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table EU NCAP rating weightage 2014-2015
    • Market challenges
  • Market trends
    • Integration of crash sound sensor in airbags
    • March toward autonomous vehicles
  • Vendor landscape
    • Competitive benchmarking
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Autoliv
      • Table Autoliv: Product portfolio
      • Table Autoliv: Recent developments
    • Takata
      • Table Takata: Product segmentation by revenue 2016
      • Table Takata: Product portfolio
      • Table Takata: Recent developments
    • ZF-TRW
      • Table ZF-TRW: Business offerings
      • Table ZF-TRW: Product portfolio
      • Table ZF-TRW: Recent developments
    • Key Safety Systems
      • Table Key Safety Systems: Product portfolio
      • Table Key Safety Systems: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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