| Product Code: ETC175123 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India is estimated to be the world???s fourth largest airbag market in 2020. It is projected to witness a compound annual growth rate of around 9-10% during forecast period 2023-2029. The growing awareness about safety and increasing automotive production are driving the demand for airbags, thereby providing an impetus for growth of India airbag market.
The major drivers that have been contributing to the India Airbags Market include stringent government regulations, increasing vehicle production and rising focus on safety features by automakers, high disposable income among middle class households and technological advancements in manufacturing process. Additionally, increasing demands from OEMs & aftermarket segments has further supplemented the demand for passenger protection solutions such as side curtain bags & knee protectors which will propel growth of this industry over next few years.
High Cost Involved In Installation Of AirBag System : Despite various advantages offered by them, presence of high costs associated with installation along with maintenance may act as deterring factors restricting deployment especially among low end vehicle segments limiting overall industry penetration especially within emerging economies like India. Lack Of Awareness About Usage Of AirBags: Despite being one of most important active components, lack of sufficent public knowledge regarding benefits derived from use thereof may restrict adoption rate thereby impacting industry Outlook negatively.
Some leading players operating in India Airbag Market include Takata Corporation , Autoliv Inc., ZF TRW Automobile Holdings Corp., Toyoda Gosei Co., Ltd., Hyundai Mobis Co., Ltd., Nihon Plast Co., Ltd.(NPK), Key Safety Systems Inc.(KSS) etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Airbags Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Airbags Market Revenues & Volume, 2020 & 2030F |
3.3 India Airbags Market - Industry Life Cycle |
3.4 India Airbags Market - Porter's Five Forces |
3.5 India Airbags Market Revenues & Volume Share, By Type, 2020 & 2030F |
4 India Airbags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Airbags Market Trends |
6 India Airbags Market, By Types |
6.1 India Airbags Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Airbags Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Airbags Market Revenues & Volume, By Front Airbag, 2020-2030F |
6.1.4 India Airbags Market Revenues & Volume, By Side Airbag, 2020-2030F |
6.1.5 India Airbags Market Revenues & Volume, By Knee Airbag, 2020-2030F |
6.1.6 India Airbags Market Revenues & Volume, By Curtain Airbag, 2020-2030F |
7 India Airbags Market Import-Export Trade Statistics |
7.1 India Airbags Market Export to Major Countries |
7.2 India Airbags Market Imports from Major Countries |
8 India Airbags Market Key Performance Indicators |
9 India Airbags Market - Opportunity Assessment |
9.1 India Airbags Market Opportunity Assessment, By Type, 2020 & 2030F |
10 India Airbags Market - Competitive Landscape |
10.1 India Airbags Market Revenue Share, By Companies, 2023 |
10.2 India Airbags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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