Mexico Airbags Systems Market by Airbag Types (Front, Slide, Curtain, Knee, and Others), Automobile Types (Commercial Vehicles and Passenger Cars), End-users (Aftermarket and Original Equipment Manufacturer), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Mexico airbags systems market size is expected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand for airbag modules, increasing demand for new cars, and growing demand for primarily automotive airbag. Government rules, regulations, and initiatives including funding numerous projects for improving the passenger safety are anticipated to boost the market.
An airbag system is the vehicle occupant restraint system that uses bag intended to rise much quickly during a collision. Airbags lessen the impacts of crashes improves owing to innovative and ongoing progress at airbag technology. The airbag increases the energy absorbing surface in the vehicles residents such as device panel, headliner, body pillar, steering wheel, and windshield.
The industry is witnessing the development of innovative products and technologies that includes smart airbag, pedestrian airbag, fuzzy logic software airbag, and occupant sensor system to fulfill the rising demand. At the time of collision the crash sensor in the car gives signals to inflate bags, thus mitigating the effect of the collision. Side impacts airbags are the kind of airbags that is basically located at the door or seat panel and it also inflate between the seat occupant and the door.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for smarter and safer airbags is projected to propel the market expansion during the forecast period.
- Rapid growth of the automotive industry is major factors boosting the market growth.
- High replacement cost of the airbags is anticipated to impede the market expansion in the coming years.
- Driverless vehicles and anti-crash sensors act as major challenges that can restrict the market growth.
- R&D investment and technological advancement in airbags systems is estimated to offer immense opportunities for the market players.
Scope of the Report
The report on the Mexico airbags systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Mexico Airbags Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
|
Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Airbag Types (Front, Slide, Curtain, knee, and Others), Automobile Types (Commercial Vehicles and Passenger Cars), End-users (Aftermarket and Original Equipment Manufacturer) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Autoliv Inc.; Continental AG; ZF Friedrichshafen AG; DENSO Corporation; and Robert Bosch GmbH |
Market Segment Insights:
Curtain segment is projected to account for a large market share
Based on airbags types, the Mexico airbags systems market is divided into front, slide, curtain, knee, and others. The curtain segment is expected to constitute a key share of the market during the forecast period owing to its effectiveness and give occupants in case of a rollover crash. Curtain airbags provides neck and head protection to passengers in case of collision crash. The increasing need to deploy effectively upon a secondary impact by calibrating the status of vehicle is anticipated to fuel the market.
Passenger Cars segment is projected to hold a key market share
On the basis of automobiles types, the market is segmented into commercial vehicles and passenger cars. The passenger cars segment is expected to represent a key share of the market in the coming years due to rising purchasing power of consumers, improved lifestyles, and development of the infrastructure. Airbags and seatbelts are provided with standard feature in passenger cars for preventing fatalities due to accidents. The rising disposable income and availability of easier financing alternatives are encouraging consumers to adopt passenger cars.
Original equipment market segment is projected to constitute a major market share
In terms of end-users, the Mexico airbags systems market is segregated into aftermarket and original equipment manufacturer. The original equipment manufacturer segment is expected to account for a key share of the market during the forecast period owing to high growth rate in the industries, various companies is desiring to venture into this market. However, the aftermarket segment is anticipated to expand at a rapid pace during the forecast period due to it is significantly more affordable than original equipment manufacturer.
Segments
Segments Covered in the Report
The Mexico airbags systems market has been segmented on the basis of
Airbags Types
- Front
- Slide
- Curtain
- Knee
- Others
Automobiles Types
- Commercial Vehicles
- Passenger Cars
End-users
- Aftermarket
- Original Equipment Manufacturer
Country
- Mexico
Key Players
- Autoliv Inc.
- Continental AG
- ZF Friedrichshafen AG
- DENSO Corporation
- Robert Bosch GmbH
Competitive Landscape
Key players competing in the Mexico airbags systems market include Autoliv Inc.; Continental AG; ZF Friedrichshafen AG; DENSO Corporation; and Robert Bosch GmbH. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Airbags Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Airbags Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Airbags Systems Market - Supply Chain
4.5. Global Airbags Systems Market Forecast
4.5.1. Airbags Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Airbags Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Airbags Systems Market Absolute $ Opportunity
5. Global Airbags Systems Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Airbags Systems Market Size and Volume Forecast by End Users
5.3.1. Aftermarket
5.3.2. Original Equipment Manufacturer
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Airbags Systems Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Airbags Systems Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Airbags Systems Demand Share Forecast, 2019-2026
7. North America Airbags Systems Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Airbags Systems Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Airbags Systems Market Size and Volume Forecast by End Users
7.4.1. Aftermarket
7.4.2. Original Equipment Manufacturer
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Airbags Systems Demand Share Forecast, 2019-2026
8. Latin America Airbags Systems Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Airbags Systems Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Airbags Systems Market Size and Volume Forecast by End Users
8.4.1. Aftermarket
8.4.2. Original Equipment Manufacturer
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Airbags Systems Demand Share Forecast, 2019-2026
9. Europe Airbags Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Airbags Systems Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Airbags Systems Market Size and Volume Forecast by End Users
9.4.1. Aftermarket
9.4.2. Original Equipment Manufacturer
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Airbags Systems Demand Share Forecast, 2019-2026
10. Asia Pacific Airbags Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Airbags Systems Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Airbags Systems Market Size and Volume Forecast by End Users
10.4.1. Aftermarket
10.4.2. Original Equipment Manufacturer
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Airbags Systems Demand Share Forecast, 2019-2026
11. Middle East & Africa Airbags Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Airbags Systems Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Airbags Systems Market Size and Volume Forecast by End Users
11.4.1. Aftermarket
11.4.2. Original Equipment Manufacturer
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Airbags Systems Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Airbags Systems Market: Market Share Analysis
12.2. Airbags Systems Distributors and Customers
12.3. Airbags Systems Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Autoliv Inc.
12.4.2. Continental AG
12.4.3. ZF Friedrichshafen AG
12.4.4. DENSO Corporation
12.4.5. Robert Bosch GmbH
2. Assumptions and Acronyms Used
3. Research Methodology
4. Airbags Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Airbags Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Airbags Systems Market - Supply Chain
4.5. Global Airbags Systems Market Forecast
4.5.1. Airbags Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Airbags Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Airbags Systems Market Absolute $ Opportunity
5. Global Airbags Systems Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Airbags Systems Market Size and Volume Forecast by End Users
5.3.1. Aftermarket
5.3.2. Original Equipment Manufacturer
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Airbags Systems Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Airbags Systems Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Airbags Systems Demand Share Forecast, 2019-2026
7. North America Airbags Systems Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Airbags Systems Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Airbags Systems Market Size and Volume Forecast by End Users
7.4.1. Aftermarket
7.4.2. Original Equipment Manufacturer
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Airbags Systems Demand Share Forecast, 2019-2026
8. Latin America Airbags Systems Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Airbags Systems Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Airbags Systems Market Size and Volume Forecast by End Users
8.4.1. Aftermarket
8.4.2. Original Equipment Manufacturer
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Airbags Systems Demand Share Forecast, 2019-2026
9. Europe Airbags Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Airbags Systems Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Airbags Systems Market Size and Volume Forecast by End Users
9.4.1. Aftermarket
9.4.2. Original Equipment Manufacturer
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Airbags Systems Demand Share Forecast, 2019-2026
10. Asia Pacific Airbags Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Airbags Systems Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Airbags Systems Market Size and Volume Forecast by End Users
10.4.1. Aftermarket
10.4.2. Original Equipment Manufacturer
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Airbags Systems Demand Share Forecast, 2019-2026
11. Middle East & Africa Airbags Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Airbags Systems Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Airbags Systems Market Size and Volume Forecast by End Users
11.4.1. Aftermarket
11.4.2. Original Equipment Manufacturer
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Airbags Systems Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Airbags Systems Market: Market Share Analysis
12.2. Airbags Systems Distributors and Customers
12.3. Airbags Systems Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Autoliv Inc.
12.4.2. Continental AG
12.4.3. ZF Friedrichshafen AG
12.4.4. DENSO Corporation
12.4.5. Robert Bosch GmbH
Segments Covered in the Report
The Mexico airbags systems market has been segmented on the basis of
Airbags Types
- Front
- Slide
- Curtain
- Knee
- Others
Automobiles Types
- Commercial Vehicles
- Passenger Cars
End-users
- Aftermarket
- Original Equipment Manufacturer
Country
- Mexico
Key Players
- Autoliv Inc.
- Continental AG
- ZF Friedrichshafen AG
- DENSO Corporation
- Robert Bosch GmbH
Key players competing in the Mexico airbags systems market include Autoliv Inc.; Continental AG; ZF Friedrichshafen AG; DENSO Corporation; and Robert Bosch GmbH. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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