Brazil Airbag System Market cover

Brazil Airbag System Market by Types (Curtain, Front, Knee, Sire, and Others), Applications (Passenger Vehicles, Commercial Vehicles, Buses, and Trucks), End Consumers (OEMs and After-market), and Country (Brazil) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: MC-1632
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 4
  • No. Of Pages: 196
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The Brazil airbag system market size projected to expand at a CAGR of 6% during the forecast period, 2021-2028. The growth of the market is attributed to regulations aimed at consumer safety and security, which have compelled automakers to install safety products in their vehicles.

In the case of an accident, passive safety systems are responsible for ensuring that passengers are protected to the maximum extent possible. Nowadays, a wide range of airbags are available, and have become a standard feature in all vehicle classes.  In the mid-1970s and early 1980s, the first airbag systems were fitted in top-of-the-line vehicles. The front passenger airbag was introduced at the end of the 1980s, followed by head airbag and side airbag. The crash or acceleration sensors are put either directly in the control unit or as satellites in the front-end or at the side of the vehicle, depending on the airbag system and the number of airbags fitted. The front sensors are always supplied in pairs. The spring-mass mechanism is commonly used in these sensors.

Brazil Airbag System Market summary

The sensor in this system has a weighted roller that is filled with standardized weights. The ends of a bronze spring hinge are attached to the weighted roller and the sensor housing, and it is coiled around the weighted roller. The steering wheel airbag consists of a 67-liter airbag, an airbag holder, a generator mounted on the generator support, and an airbag cover. The generator is started by the control unit in the event of an accident. A trigger current heats a tiny wire that shoots the firing pellet during the procedure. According to Brazil's National Association of Motor Vehicle Manufacturers, total vehicle production increased by 2.3 percent year on year in 2019 to nearly 2.95 million, up from 2.88 million in 2018.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing vehicle production is a major factor contributing to the country's market growth.
  • Rising car accidents is expected to proliferate the market growth in the projected timeline. 
  • Increasing government initiatives and government support to encourage auto makers to deploy airbags in all vehicle types is driving the growth of the market.
  • The COVID-19 pandemic had hampered the supply chain activities across the globe, disrupting the growth of the market.
  • Ongoing technological advancements is expected to spur the market growth.

Scope of the Report

The Brazil airbag system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Brazil Airbag System Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2021–2028

Segmentation

Types (Curtain, Front, Knee, Sire and Others), Applications (Passenger Vehicles, Commercial Vehicles, Buses, and Trucks), and End Consumers (OEMs and After-market)

Geographical Zone

Brazil

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Hyundai Mobis, ZF Friedrichshafen, Autoliv, DENSO Corporation, Toshiba Corporation, Key Safety Systems, and Continental AG

 

Brazil Airbag System Market Segment Insights:

Curtain segment is expected to account a major market share

Based on types, the market is segregated into curtain, front, knee, sire and others. The front segment is anticipated to hold a key market share during the forecast period. Curtain airbag system is commonly positioned on the roof above the side window, on the side of the seat or the door. Curtain airbags protect the adult's head in the event of a collision. Curtain airbags have been shown to minimize the probability of a driving fatality by 45%. The knee segment is expected to grow at a steady rate in the projected timeline. This type of airbag is located in the lower part of the dashboard, beneath the steering wheel. Knee airbag system is employed to distribute impact forces to reduce leg injuries, as well as to limit lower body movement to lessen impact on an occupant's chest and abdomen.

Brazil Airbag System Market types

Passenger vehicles segment is anticipated to expand at a robust CAGR

On the basis of applications, the Brazil airbag system market is segregated passenger vehicles, commercial vehicles, buses, and trucks. The passenger vehicle segment to account for a majority of the automotive airbag market. Passenger vehicles, such as economy cars, compact cars, minivans, SUVs, and premium and luxury cars, are typically in high demand in this segment. Increasing spending power and growing public awareness of the importance of using vehicle safety systems are driving the segment growth. The commercial vehicle segment is expected to grow significantly as government state bodies around the world are implementing stringent regulations.

Brazil Airbag System Market end users

OEMs segment to dominate the market

In terms of end consumers, the market is bifurcated into OEMs and after-market. The OEMs segment is expected to dominate the market owing to increasing production of vehicles due to the relaxation in the restriction on the manufacturing facilities across the globe.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Airbag System 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. Airbag System Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Airbag System Market - Supply Chain
  4.5. Global Airbag System Market Forecast
     4.5.1. Airbag System Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Airbag System Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Airbag System Market Absolute $ Opportunity
5. Global Airbag System Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Airbag System Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Airbag System Demand Share Forecast, 2019-2026
6. North America Airbag System Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Airbag System Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Airbag System Demand Share Forecast, 2019-2026
7. Latin America Airbag System 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
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Airbag System Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Airbag System Demand Share Forecast, 2019-2026
8. Europe Airbag System 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. Europe Average Pricing Analysis
  8.2. Europe Airbag System Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Airbag System Demand Share Forecast, 2019-2026
9. Asia Pacific Airbag System 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. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Airbag System Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Airbag System Demand Share Forecast, 2019-2026
10. Middle East & Africa Airbag System 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. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Airbag System Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Airbag System Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Airbag System Market: Market Share Analysis
  11.2. Airbag System Distributors and Customers
  11.3. Airbag System Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. BRK Brands
     11.4.2. Hochiki America
     11.4.3. Honeywell International
     11.4.4. Kidde
     11.4.5. Siemens
     11.4.6. Apollo Fire Detectors
     11.4.7. Emerson Electric

Segments Covered in the Report
The global residential smoke detector market is segmented on the basis of

Types

  • Curtain
  • Front
  • Knee
  • Sire
  • Others

End-users

  • Passenger Vehicles
  • Commercial Vehicles
  • Buses
  • Trucks

Country

  • Brazil

Key Players

  • BRK Brands
  • Hochiki America
  • Honeywell International
  • Kidde
  • Siemens
  • Apollo Fire Detectors
  • Emerson Electric

The major players in the Brazil airbag system market include Hyundai Mobis, ZF Friedrichshafen, Autoliv, DENSO Corporation, Toshiba Corporation, Key Safety Systems, and Continental AG.
Companies are engaging in mergers, acquisitions, and partnerships to expand their market share. Moreover, they’re investing in R&D activities to leverage their market position.

Brazil Airbag System Market keyplayers

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