AUTOMOTIVE AIRBAG MARKET ANALYSIS

Name: Automotive Airbag Market News
Creator: Coherent Market Insights
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Automotive Airbag Market, By Product Type (Front Airbag, Side Airbag, Curtain Airbag, and Knee Airbag), By Fiber (Nylon and Polyester), By Coating (Neoprene Coating, Silicone Coating, and Non-Coated), By Component (Air Bag Module, Crash Sensors, Monitoring Unit, and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), and By Region - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Key Developments:

In August 2019, Honda partnered with Autoliv Inc. to develop the next generation passenger-side airbags. The new generation airbags will lower the probability of injury by securing the passenger's head.
In May 2019, ZF Friedrichshafen acquired 90% shares of Simi Reality Motion Systems GmbH. The acquisition will help ZF in the development of systems for occupant recognition using the Simi Reality Motion System’s expertise in the recording and analysis of human movement.
In July 2019, ZF Friedrichshafen launched new pre-crash-triggered occupant protection system which uses external side airbags. This new state of art technology is expected to reduce probability of occupant injury for side collision by 30 to 40%.
In April 2018, Joyson Electronic Corporation and PAG, a private equity firm funded Key Safety Systems (KSS) to acquire Takata corporation a leading airbag manufacturer. With this acquisition, the new combined company will be called as Joyson Safety System.
In January 2019, Continental AG expanded its manufacturing facility in Bangalore to manufacture airbag control units (ACUs). These ACUs are developed on a modular safety platform called SPEED (Safety Platform for Efficient & Economical Design).