Automotive Airbag Sensors

Automotive Airbag Sensors Market - Size, Share,
Outlook, and Opportunity Analysis, 2018 – 2026
Airbag sensors are part of the safety arrangement inculcated into cars for protecting
the passenger’s head and chest area from being hurt during collision. The sensors
are responsible for detection of sudden deceleration in a collision. Although these
sensors are located throughout the vehicle, they are majorly present at the front side
and behind the front fender to detect an impact at the front and in the side column to
detect a side impact. The sensors trigger the airbag to go off whenever it detects a
collision.
Increasing sales of vehicles and continues innovation by OEMs for providing
better safety systems in car have accelerated the market, globally.
The market for air bag sensors is primarily driven by growing automobile industry
and the demand for airbag employed in Light Commercial Vehicle (LCV) and trucks.
Increasing rate of fatal accidents are propelling demand for airbag in the vehicle. For
Instance, according to the association for safe international road travel, an estimated
3,287 deaths per day were reported due to road accidents. Automakers are focused
on providing safety measure in car models by continuously innovating the systems to
provide better facilities regarding safety of people. For instance, ZF Friedrichshafen
AG, a germen car parts manufacturing company announced that by 2019, the
company will provide a knee airbags to the European vehicle manufacturer.
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The airbag prevent passengers from striking their head at the time of a crash, even if
they forget to buckle up, while they are driving. Owing to the advantages of airbag
systems in vehicles, the government bodies have imposed regulation on the
automobile industries for inclusion of airbag safety modules in car models. These
safety modules purely depend on the efficiency of the sensors used for
manufacturing them. Sensors are responsible for accurately measuring the impact of
collision and trigger the airbags to go off. The demand for airbags is high in the
LCVs, as they are widely used for last mile connectivity and for distribution of goods
and transportation of material of light construction.
Moreover, increase in per capita income and rapid growth in urbanisation has
increased adoption of automobiles across the world. For instance: according to the
International Organization of Motor Vehicle Manufacturers, the sales or registration
of new passenger car was 69.5 million units in 2016 up from 66.3 million units. The
government regulations related to safety measure vary on the basis of country. The
intensity crash for deployment of the airbag depends on the market they are
intended for. For instance, the U.S. imposed a regulation for the deployment of
airbags for a deceleration of 23 km/h for collision. International regulations are
performance-based rather than technology-based, so airbag deployment threshold is
a function of overall vehicle design.
Automotive Airbag sensor Market: Regional Insight
The regional market for the airbag sensors is segmented into North America,
Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Asia Pacific held the dominant position in the airbag sensors market and is expected
to retain its dominance throughout the forecast period. India, China, Japan are some
of the major countries, which drive growth of the airbag sensors market in this
region. Furthermore, high sales of automotive vehicles in Asia Pacific is one of the
major driving factor for growth of the market in this region. For instance, according to
the International Organization of Motor Vehicle Manufacturers, the sales or
registration of new passenger cars was 2.97 million units in India in 2016, and it
increased from 2.77 million units in 2015. Similarly, in china the sales or registration
of new passenger cars were 24.38 million units in 2016, which increased from 21.21
million units in 2015. Moreover, increasing government regulation related to
automotive vehicle safety have accelerate the market growth in this region. For
instance, in 2017, India Union minister of road transport & highway announced the
Bharat new vehicle safety assessment program in which airbags, anti-lock braking
system, and seat belt become mandatory to install in new vehicles.
Automotive Airbag Sensor Market: Competitive Insight
key players operating in the airbag sensor market include Autoliv Inc., Continental
AG, Denso Corporation, Freescale Semiconductor, Key Safety Systems, Mitsubishi
Electric Co., Ltd., Robert Bosch Corporation, Takata Corporation, Toyoda Gosei, and
TRW Automotive
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The research report on Automotive Airbag Sensors Market is segmented by Vehicle Type and by Geography - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

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