India Passenger Car Airbag Market By Vehicle Type (Hatchback, Sedan, SUV & MUV), By Airbag Type (Front, Side, Curtain & Knee), By Material Type (Nylon 66 & Polyester), By Demand Category (OEM & Aftermarket), Competition Forecast & Opportunities, 2023

India passenger car airbag market is projected to exhibit a CAGR of over 38% by 2023. Due to rise in the number of accidents, demand for passenger car airbags is growing at a robust across the country. Moreover, government of India has made it mandatory for the car makers to install airbags in all the cars which would further propel demand for airbags in the country during the forecast period. Based on airbag type, the market is segmented into front airbag, side airbag, curtain airbag and knee airbag. Front airbag segment dominates the market with the largest share as they are installed in steering wheel and the front side of passenger to protect the chest and head.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

• To analyze and forecast market size of India passenger car airbag market.
• To classify and forecast India passenger car airbag market based on type, vehicle type, material type, demand category, company and region.
• To identify drivers and challenges in India passenger car airbag market.
• To identify market trends and development in India passenger car airbag market.
• To evaluate the average selling price for passenger car airbags in India.
• To identify and analyze the profile of leading players involved in the manufacturing of passenger car airbags in India.

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Some of the major players operating in India passenger car airbag market include Toyoda Gosei Minda India Private Limited, Autoliv India Private Limited, Rane TRW Steering Systems Limited, Takata India Private Limited, Mobis India Limited, Ashimori India Private Limited, Daicel Chiral Technologies India Private Limited, Hyosung Corporation India Private Limited, Porcher Industries and Toray Industries India Private Limited.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of India passenger car airbag manufacturers operating in the country. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, distribution channels and regional presence of all major passenger car airbag manufacturers across the country.

TechSci Research calculated the market size for India passenger car airbag market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as OICA, World Bank, company websites, company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.

 

Key Target Audience:

• India passenger car airbag manufacturers, suppliers and other stakeholders
• Passenger car manufacturers
• Associations, organizations, forums and alliances related to passenger car airbags
• Government bodies such as regulating authorities and policymakers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as passenger car airbag manufacturers, passenger car manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, India passenger car airbag market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         By Vehicle Type:

o    Hatchback

o    Sedan

o    SUV

o    MUV

·         By Airbag Type

o    Front Airbag

o    Side Airbag

o    Curtain Airbag

o    Knee Airbag

·         By Material Type

o    Nylon 66

o    Polyster

·         By Demand Category

o    OEM

o    Aftermarket

·         By Region

o    East

o    West

o    North

o    South

·         By Company

o    Toyoda Gosei Minda India Private Limited

o    Autoliv India Private Limited

o    Rane TRW Steering Systems Limited

o    Takata India Private Limited

o    Others

Company Profiles: Detailed analysis of the major companies present in India passenger car airbag market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Voice Of Customer

4.1.    Factors Influencing Purchase Decision

4.2.    Brand Recall (Aided/Unaided)

4.3.    Brand Switch

4.4.    Brand Satisfaction Level

5.       India Passenger Car Airbag Market Outlook

5.1.    Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2.    Market Share & Forecast

5.2.1. By Vehicle Type (Hatchback, Sedan, SUV and MUV)

5.2.2. By Airbag Type (Front, Side, Curtain and Knee)

5.2.3. By Material Type (Nylon 66 and Polyester)

5.2.4. By Demand Category (OEM Vs. Aftermarket)

5.2.5. By Company

5.2.6. By Region

5.3.    Market Attractiveness Index – By Vehicle Type

5.4.    Market Attractiveness Index – By Airbag Type

6.       India Hatchback Airbag Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2.    Market Share & Forecast

6.2.1. By Airbag Type (Front, Side, Curtain and Knee)

6.2.2. By Material Type (Nylon 66 and Polyester)

6.2.3. By Demand Category (OEM Vs. Aftermarket)

6.3.    Market Attractiveness Index – By Airbag Type

7.       India Sedan Airbag Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2.    Market Share & Forecast

7.2.1. By Airbag Type (Front, Side, Curtain and Knee)

7.2.2. By Material Type (Nylon 66 and Polyester)

7.2.3. By Demand Category (OEM Vs. Aftermarket)

7.3.    Market Attractiveness Index – By Vehicle Type

8.       India SUV Airbag Market Outlook

8.1.    Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2.    Market Share & Forecast

8.2.1. By Airbag Type (Front, Side, Curtain and Knee)

8.2.2. By Material Type (Nylon 66 and Polyester)

8.2.3. By Demand Category (OEM Vs. Aftermarket)

8.3.    Market Attractiveness Index – By Airbag Type

9.       India MUV Airbag Bearings Market Outlook

9.1.    Market Size & Forecast

9.1.1. By Value

9.1.2. By Volume

9.2.    Market Share & Forecast

9.2.1. By Airbag Type (Front, Side, Curtain and Knee)

9.2.2. By Material Type (Nylon 66 and Polyester)

9.2.3. By Demand Category (OEM Vs. Aftermarket)

9.3.    Market Attractiveness Index – By Airbag Type

10.   Import-Export Analysis

11.   Market Dynamics

11.1.   Drivers

11.2. Challenges

12.   Policy & Regulatory Landscape

13.   Market Trends & Developments

14.   Pricing Analysis

15.   India Economic Profile

16.   Competitive Landscape

16.1.   Toyoda Gosei Minda India Private Limited

16.2.   Autoliv India Private Limited

16.3.   Rane TRW Steering Systems Limited

16.4.   Takata India Private Limited

16.5.   Mobis India Limited

16.6.   Ashimori India Private Limited

16.7.   Daicel Chiral Technologies India Private Limited

16.8.   Hyosung Corporation India Private Limited

16.9.   Porcher Industries

16.10.   Toray Industries India Private Limited

17.   Strategic Recommendations

List of Figures

 

Figure 1: India Passenger Car Airbag Market - Factors Influencing Purchase Decision (N=75)

Figure 2: India Passenger Car Airbag Market - Aided Brand Recall (N=75)

Figure 3: India Passenger Car Airbag Market - Unaided Brand Recall (N=75)

Figure 4: India Passenger Car Airbag Market – Passenger Car Airbag Brand Switching (N=75)

Figure 5: India Passenger Car Airbag Market – Passenger Car Airbag Company Switching Attributes (N=75)

Figure 6: India Passenger Car Airbag Market, Brand Satisfaction Level (N=75)

Figure 7: India Passenger Car Airbag Market - Brand Satisfaction Level, By Pricing (N=75)

Figure 8: India Passenger Car Airbag Market - Brand Satisfaction Level, By Performance (N=75)

Figure 9: India Passenger Car Airbag Market - Brand Satisfaction Level, By Product Quality (N=75)

Figure 10: India Passenger Car Airbag Market Size, By Value (USD Billion), By Volume (Million Unit), 2013-2023F

Figure 11: India Population (Billion), 2013-2017

Figure 12: India Passenger Car Airbag Market Share, By Vehicle Type, By Volume, 2013-2023F

Figure 13: India Passenger Car Sales (Million Units), By Type, 2017

Figure 14: India Passenger Car Airbag Market Share, By Airbag Type, By Volume, 2013-2023F

Figure 15: India Passenger Car Sales (Million Units), 2013–2017

Figure 16: India Passenger Car Airbag Market Share, By Material Type, By Volume, 2013-2023F

Figure 17: India Passenger Car Sales (Million Units), By Fuel Type, 2013-2017

Figure 18: India Passenger Car Airbag Market Share, By Demand Category, By Volume, 2013-2023F

Figure 19: India Passenger Car Production (Million Units), FY2013- FY2017

Figure 20: India Passenger Car Airbag Market Share, By Company, By Volume, 2017 & 2023F

Figure 21: India Passenger Car Airbag Market Share, By Region, By Volume, 2017 & 2023F

Figure 22: India Passenger Car Airbag Market Attractiveness Index, By Vehicle Type, By Volume, 2018E-2023F

Figure 23: India Passenger Car Airbag Market Attractiveness Index, By Airbag Type, By Volume, 2018E-2023F

Figure 24: India Hatchback Airbag Market Size, By Value (USD Billion), By Volume (Million Unit), 2013-2023F

Figure 25: India Hatchback Car Sales (Million Units), 2013-2017

Figure 26: India Hatchback Airbag Market Share, By Airbag Type, By Volume, 2013-2023F

Figure 27: India Hatchback Car Sales (Million Units), By Segment Type, 2017

Figure 28: India Hatchback Airbag Market Share, By Material Type, By Volume, 2013-2023F

Figure 29: India Hatchback Car Sales (Million Units), By Fuel Type, 2013-2017

Figure 30: India Hatchback Airbag Market Share, By Demand Category, By Volume, 2013-2023F

Figure 31: India Hatchback Car Sales (Million Units), By Company, 2017

Figure 32: India Hatchback Airbag Market Attractiveness Index, By Airbag Type, By Volume, 2018E-2023F

Figure 33: India Sedan Airbag Market Size, By Value (USD Billion), By Volume (Million Unit), 2013-2023F

Figure 34: India Sedan Car Sales (Million Units), 2013-2017

Figure 35: India Sedan Airbag Market Share, By Airbag Type, By Volume, 2013-2023F

Figure 36: India Sedan Car Sales (Million Units), By Segment Type, 2017

Figure 37: India Sedan Airbag Market Share, By Material Type, By Volume, 2013-2023F

Figure 38: India Sedan Car Sales (Million Units), By Fuel Type, 2013-2017

Figure 39: India Sedan Airbag Market Share, By Demand Category, By Volume, 2013-2023F

Figure 40: India Sedan Car Sales (Million Units), By Company, 2017

Figure 41: India Sedan Airbag Market Attractiveness Index, By Airbag Type, By Volume, 2018E-2023F

Figure 42: India SUV Airbag Market Size, By Value (USD Billion), By Volume (Million Unit), 2013-2023F

Figure 43: India SUV Car Sales (Million Units), 2013-2017

Figure 44: India SUV Airbag Market Share, By Airbag Type, By Volume,2013-2023F

Figure 45: India SUV Car Sales (Million Units), By Segment Type, 2017

Figure 46: India SUV Airbag Market Share, By Material Type, By Volume, 2013-2023F

Figure 47: India SUV Car Sales (Million Units), By Fuel Type, 2013-2017

Figure 48: India SUV Airbag Market Share, By Demand Category, By Volume, 2013-2023F

Figure 49: India SUV Car Sales (Million Units), By Company, 2017

Figure 50: India SUV Airbag Market Attractiveness Index, By Airbag Type, By Volume, 2018E-2023F

Figure 51: India MUV Airbag Market Size, By Value (USD Billion), By Volume (Million Unit), 2013-2023F

Figure 52: India MUV Car Sales (Million Units), 2013-2017

Figure 53: India MUV Airbag Market Share, By Airbag Type, By Volume, 2013-2023F

Figure 54: India MUV Car Sales (Million Units), By Segment Type, 2017

Figure 55: India MUV Airbag Market Share, By Material Type, By Volume, 2013-2023F

Figure 56: India MUV Car Sales (Million Units), By Fuel Type, 2013-2017

Figure 57: India MUV Airbag Market Share, By Demand Category, By Volume, 2013-2023F

Figure 58: India MUV Car Sales (Million Units), By Company, 2017

Figure 59: India MUV Airbag Market Attractiveness Index, By Airbag Type, By Volume, 2018E-2023F

Figure 60: India Passenger Car Airbag Imports, By Value, 2013-2017 (USD Billion)

Figure 61: India Passenger Car Airbag Exports, By Value, 2013-2017 (USD Billion)

 

List of Tables

 

Table 1: India Import Duties on Passenger Car Airbag, By HS code, 2017

Table 2: Government Roadmap for Safety Norms

Table 3: India Passenger Car Airbag Pricing Analysis, 2017