Middle East & Africa Airbag Systems Market Size, Growth 2030

Report Description

The Middle East & Africa airbag systems market size is anticipated to expand at a substantial CAGR during the forecast period, 2021-2028. The growth of the market is attributed to rising consumer awareness toward vehicle safety.

Get Free Sample Report

Airbags are one of the most important safety innovations of recent decades. Nitrogen gas is used in airbags. An airbag is a type of vehicle safety device instantly deployed during a crash and deflate itself after the accident. It consists of the airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. The airbag deployment is controlled by sensors that detect the occurrence and severity of a crash. The airbag system consists of three basic parts such as an airbag module, crash sensors, and a diagnostic unit.

During COVID-19 pandemic, various travel restriction on by government state bodies led to labor shortages in the automotive industry, which in turn, has affected the supply chain to vital areas and market.

Market Trends, Drivers, Restraints, and Opportunities

• Changing consumer lifestyle is projected to boost the market growth.
• Rising urbanization is projected to boost the market growth.
• New government rules to improve passengers’ safety is estimated to spur the market growth in the coming years.
• Growing sale and production of commercial and passenger vehicles travel is estimated to spur the market growth in the coming years.
• Rapid growth of the automobile sector and competition among car manufacturers is anticipated to drive the market growth during the forecast period.
• Rising number of road accidents is projected to boost the market growth.
• High costs associated with installing airbag system is a major factor restraining the market growth in the coming years.
• Issues related to the product's reliability can restraint the market growth.
• Increasing demand for safety systems can create lucrative opportunities in the market growth.

Scope of the Report

The report on the Middle East & Africa airbag systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Middle East & Africa Airbag Systems Market Segment Insights

Crash sensors segment to hold a significant market share

Based on component types, the market is divided into airbag modules, crash sensors, monitoring unit and others. The airbag modules segment is anticipated to hold a key share of the market in the coming years due to increased sensitivity of the moving vehicle by placing the integrated control module in the vehicle’s center of gravity. Traditional airbag systems have adopted mechanical airbag sensors, such as mass and roller type sensors. However, the crash sensors segment is anticipated to expand at a rapid pace during the forecast period, as it help drivers reverse vehicles into tight parking spaces and unfamiliar docks.

Commercial vehicles segment is projected to expand at a considerable CAGR

On the basis of vehicle types, the market is segregated into passenger vehicles and commercial vehicles. The passenger vehicles segment is anticipated to hold a key share of the market in the coming years due to convenient mode of transportation. On the other hand, the commercial vehicles segment is anticipated to expand at a rapid pace during the forecast period owing to rapid growth of the e-commerce industry.

Get Free Sample Report

Silicone coated segment is anticipated to constitute a key market share

Based on coating types, the market is divided into neoprene coated, non-coated, silicone coated, and others. The neoprene coated segment is expected to constitute a key share of the market during the forecast period. This type of coating provides a thermal barrier on the airbags to protect the fabric from the high temperature burst associated with ignition of the gas upon deployment. On the other hand, the silicone coated segment is projected to constitute a major market share during the forecast period, as it offers high resistance to heat and pressure, which protects the airbag from damage caused by metal pieces caused by explosion of the metal canister to inflate the airbag. Moreover, silicone coated airbags are sturdy and efficient.

Get Free Sample Report

Egypt is estimated to account a major market share

In terms of regions, the Middle East & Africa airbag systems market is classified as Saudi Arabia, the UAE, Egypt, South Africa, and Rest of Middle East & Africa. South Africa is expected to constitute a key share of the market during the projected period due high purchasing power and higher awareness about safety systems. However, the market in Egypt is anticipated expand at a rapid pace during the forecast period owing to rise in safety concerns and increase in sales of premium motorcycles.