United States/WA: Automotive Airbag Market Will Boom Near Future
Report Pages:[130 Pages]
Automotive airbags are designed to provide protection and support for the passengers in case of an accident. Airbags work by inflating and deflating a foam that is filled insole, which contracts back in response to pressure exerted on the body of the passenger. There are two types of automotive airbag systems available on the market today. The first, known as the passive system, is the most common type used in cars today, while the active airbag uses a system of pumps and elastomeric membranes to inflate the airbag system. Governments of many countries have started implementing stringent regulations regarding vehicle safety. Governments of many countries have made or are making airbags mandatory in new vehicles, in order to optimize occupant safety. For instance, in December 2020, the Government of India announced that front passenger airbag will be mandatory from April 1, 2021, while models currently being sold in the market it will be mandatory from June 2021. Such regulations could stimulate growth of the automotive airbag market.
Similar to the government authorities, consumers are increasingly demanding a safer and more efficient driving experience. As a result of this, automakers are introducing advanced airbag systems to provide optimum safety to drivers and passengers. Hence, these factors can augment growth of the automotive airbag market in the near future.
Another important consideration for airbag deployment is the amount of force needed to deploy the airbag. For instance, for vehicles with built-in airbags, the driver must apply more force to activate the airbag than for vehicles without built-in airbags. This is to prevent the airbag from deploying too early or too late during a crash. Despite its numerous advantages, the maintenance and repair operations of airbags are a costly business. Besides, automakers are developing active safety systems that could potentially replace automotive airbags in the future. Hence, such factors can impede growth of the automotive airbag market.
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Automotive airbags are designed to provide support and safety during a vehicle accident. They are designed to inflate and deflate rapidly based on the conditions under which the automobile is driven. In terms of geographical analysis, the developed countries such as the U.S. are exhibiting high acceptance for automotive airbags. Stringent regulations pertaining to road safety in the U.S. and Canada can augment growth of the automotive airbag market in the near future. Emerging regions such as Asia Pacific is registering promising signs for automotive airbags owing to increasing implementation of road safety regulations in China and India.
Advancement of Top Companies Players:- Autoliv, Inc., Robert Bosch GMBH, Continental AG, Delphi Automotive PLC, Denso Corporation, Takata Corporation, Toyoda Gosei Co., Ltd., Nihon Plast Co. Ltd., Hyundai Mobis Co., Ltd., and Key Safety Systems Inc.
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