Global Commercial Vehicle Airbag Systems Market 2017-2021




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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.

Technavios 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:

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
Key Safety Systems

Other prominent vendors
Toyoda Gosei
Hyundai Mobis
Delphi Technologies
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?

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