India Automotive Safety Airbag Market Size, Share, Opportunities, And Trends By Product Type (Front Airbag, Side Airbag, Others), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) And By End-User (OEMs, Aftermarket) - Forecasts From 2023 To 2028

  • Published : May 2023
  • Report Code : KSI061613071
  • Pages : 117

The India automotive safety airbag market was valued at US$0.553 billion in 2021 and is projected to expand at a CAGR of 12.05% over the forecast period to reach US$1.226 billion by 2028. 

The growth of the market for safety airbags in India on account of the rising investments in the automobile sector leading to the inflow of Foreign Direct Investment (FDI) has further increased the growth of the auto industry, thus, emanating the market growth as well. Furthermore, new government regulations regarding the mandatory requirement of driver-side airbags, speed warning, and seatbelt warning systems are expected to be introduced which is another factor that may positively impact the market growth in the country throughout the forecast period.

This research study examines the Indian automotive safety airbag market based on various segments: product type, vehicle type, and end-user. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes the Indian automotive safety airbag industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the Indian automotive safety airbag market. Moreover, the research study analyzes the overall regulatory framework of the Indian automotive safety airbag sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

India automotive safety airbag market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the India automotive safety airbag market report are as below:

  • India automotive safety airbag market data tables and charts
  • Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis
  • Market assessment by product type into front airbags, side airbags, and others.
  • Detailed market trends, analysis, and graphical representation of the vehicle type in passenger vehicles, light commercial vehicles, and heavy commercial vehicles.
  • In-depth analysis of the motion control market by end-user into OEMs and aftermarkets.

India Automotive Safety Airbag Market Scope:

 

Report Metric Details
Market Size Value in 2021 US$0.553 billion
Market Size Value in 2028 US$1.226 billion
Growth Rate CAGR of 12.05% from 2021 to 2028
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered Product Type, Vehicle Type, and End-User
Companies Covered Toyoda Gosei Minda India Private Limited, Autoliv India Private Limited, Rane TRW Steering Systems Limited, Hyundai Motor Group, Ashimori India Private Limited, Denso International India Pvt
Customization Scope Free report customization with purchase

 

Different segments covered under the India automotive safety airbag market report are as below:

  • By Product Type
    • Front Airbag
    • Side Airbag
    • Others
  • By Vehicle Type
    • Passenger Vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • By End-User
    • OEMs
    • Aftermarket

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. INDIA AUTOMOTIVE SAFETY AIRBAG MARKET, BY PRODUCT TYPE

5.1. Introduction

5.2. Front Airbag

5.3. Side Airbag

5.4. Others

6. INDIA AUTOMOTIVE SAFETY AIRBAG MARKET, BY VEHICLE TYPE 

6.1. Introduction

6.2. Passenger Vehicle

6.3. Light Commercial Vehicle

6.4. Heavy Commercial Vehicle

7. INDIA AUTOMOTIVE SAFETY AIRBAG MARKET, BY END-USER

7.1. Introduction

7.2. OEMs

7.3. Aftermarket

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Toyoda Gosei Minda India Private Limited

9.2. Autoliv India Private Limited

9.3. Rane TRW Steering Systems Limited

9.4. Hyundai Motor Group

9.5. Ashimori India Private Limited

9.6. Denso International India Pvt


Toyoda Gosei Minda India Private Limited

Autoliv India Private Limited

Rane TRW Steering Systems Limited

Hyundai Motor Group

Ashimori India Private Limited

Denso International India Pvt