Car Airbag Manufacturing in the US - Industry Market Research Report
Car Airbag Manufacturing in the US
Over the five years to 2022, revenue for the Car Airbag Manufacturing industry is expected to decline. Industry operators manufacture airbags for all types of automobiles, including passenger cars and light and heavy trucks. Due to being an intermediate good in the production of automobiles, industry revenue tends to ebb and flow with fluctuations in demand and production levels for new vehicles. As a result, several negative trends have hampered industry revenue, such as the temporary closure of automobile manufacturers and dealers in 2020 due to the COVID-19 (coronavirus) pandemic. Although automobile production has since resumed, supply chain constraints and semiconductor shortages have limited production levels in 2021 and 2022. Consequently, IBISWorld expects industry revenue to decline at an annualized rate of 3.6% to $3.7 billion over the past five years, despite an anticipated 4.5% rise in revenue in 2022 due to rising new car sales and rebounding automobile production levels.
This industry produces airbags for all types of automobiles. Airbags are used to protect the driver during and after an accident. These airbags are sold directly to auto manufacturers or airbag distribution operators.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Research Assistance
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