Middle East & Africa Automotive Airbags and Seatbelts Market Forecast to 2028

Report Code : BMIRE00027354 | Region : LAMEA | Industry : Automotive and Transportation | Published Date : 08/Nov/2022
Middle East & Africa Automotive Airbags and Seatbelts Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Airbags Type (Front, Knee, Side and Curtain), Seatbelts Type (2-point and 3-point), and Vehicle Class (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)

The automotive airbags and seatbelts market in Middle East & Africa is expected to grow from US$ 2,710.42 million in 2022 to US$ 4,029.02 million by 2028. It is estimated to grow at a CAGR of 6.8% from 2022 to 2028.

Growing Adoption of Electric Vehicles

The demand for electric vehicles is growing faster from 2021, owing to increasing investment in manufacturing plants. Nowadays, electric cars are equipped with airbags and seatbelts with advanced features for a better driving experience. Increasing demand for zero-emission vehicles and growing supportive regulations for zero-emission vehicles through subsidies and tax rebates have compelled the manufacturers to provide electric cars across the globe. When switching to an electric vehicle, customers expect a higher level of automated experience and advanced driving features. The push for technological innovation and a rise in focus on the safety of passengers and drivers may further increase the demand for airbags and seatbelts with advanced features. In addition, increased expectations for deploying airbags and seatbelts in electric vehicles are fuelling the market growth. The growing production capabilities of EVs are further strengthening the demand for automotive airbags and seatbelts. Thus, the growing production of electric vehicles is anticipated to hold potential demand for installing the automotive airbags and seatbelts, thereby driving the market during the forecast period.

Market Overview

Governments of several countries in the MEA have realized the importance of the automotive industry. They are taking several initiatives to support the automotive manufacturing industry growth in the MEA. For instance, the South African government launched the South African Automotive Masterplan (SAAM) to broaden and deepen the local value chains. Moreover, the automotive manufacturers in South Africa are focusing on strengthening their position in the country. For instance, in 2018, Mahindra SA opened its vehicle assembly outlet in Durban in South Africa. Also, in January 2020, Toyota announced that it would invest ~US$ 266.2 million in its parts distribution and manufacturing projects situated in South Africa. Thus, all the factors mentioned above are expected to support the growth of the automobile industry, which will directly support the automotive airbags and seatbelts market.

Middle East & Africa Automotive Airbags and Seatbelts Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Automotive Airbags and Seatbelts Market Segmentation

The Middle East & Africa automotive airbags and seatbelts market is segmented into airbags type , seatbelts type, vehicle class, and country.

Based on airbag type , the market is segmented into front, knee, side and curtain. The front segment registered the largest market share in 2022. Based on seatbelts type , the market is segmented into 2-point and 3-point. The 3- point segment held the largest market share in 2022. Based on vehicle class , the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment held the largest market share in 2022. Based on country, the market is segmented into South Africa, Saudi Arabia ,UAE , and Rest of Middle East & Africa. South Africa dominated the market share in 2022. Autoliv Inc. ; Continental AG ; Denso Corporation ; INFINEON TECHNOLOGIES AG ; Robert Bosch GmbH ; ZF Friedrichshafen AG ; Joyson Safety Systems and Toyoda Gosei Co., Ltd. are the leading companies operating in the automotive airbags and seatbelts market in the region.

The List of Companies - Middle East & Africa Automotive Airbags and Seatbelts Market

● Autoliv Inc.

● Continental AG

● Denso Corporation

● INFINEON TECHNOLOGIES AG

● Robert Bosch GmbH

● ZF Friedrichshafen AG

● Joyson Safety Systems

● Toyoda Gosei Co., Ltd.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Middle East & Africa Automotive Airbags and Seatbelts Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Middle East & Africa

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Middle East & Africa Automotive Airbags and Seatbelts Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Growing Initiatives for Introducing Regulatory Standards Related to Vehicle Safety

5.1.2 Increasing Advancements in Airbag and Seatbelt Technologies

5.2 Market Restraints

5.2.1 High Operating and Maintenance Costs

5.3 Market Opportunities

5.3.1 Growing Awareness About Vehicle Safety Features

5.4 Future Trends

5.4.1 Growing Adoption of Electric Vehicles

5.5 Impact Analysis of Drivers and Restraints

6. Automotive Airbags and Seatbelts Market –Market Analysis

6.1 Middle East & Africa Automotive Airbags and Seatbelts Market Overview

6.2 Middle East & Africa Automotive Airbags and Seatbelts Market Forecast and Analysis

7. Middle East & Africa Automotive Airbags and Seatbelts Market Analysis – By Airbags Type

7.1 Overview

7.2 Middle East & Africa Automotive Airbags and Seatbelts Market, By Airbags Type (2021 And 2028)

7.3 Front

7.3.1 Overview

7.3.2 Middle East & Africa Front: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

7.4 Knee

7.4.1 Overview

7.4.2 Middle East & Africa Knee: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

7.5 Side and Curtain

7.5.1 Overview

7.5.2 Middle East & Africa Side and Curtain: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

8. Middle East & Africa Automotive Airbags and Seatbelts Market Analysis – By Seatbelts Type

8.1 Overview

8.2 Middle East & Africa Automotive Airbags and Seatbelts Market, By Seatbelts Type (2021 And 2028)

8.3 2-point

8.3.1 Overview

8.3.2 Middle East & Africa 2-point: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

8.4 3-point

8.4.1 Overview

8.4.2 Middle East & Africa 3-point: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

9. Middle East & Africa Automotive Airbags and Seatbelts Market Analysis – By Vehicle Class

9.1 Overview

9.2 Middle East & Africa Automotive Airbags and Seatbelts Market, By Vehicle Class (2021 and 2028)

9.3 Passenger Cars

9.3.1 Overview

9.3.2 Middle East & Africa Passenger Cars: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

9.4 Light Commercial Vehicles

9.4.1 Overview

9.4.2 Middle East & Africa Light Commercial Vehicles: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

9.5 Heavy Commercial Vehicles

9.5.1 Overview

9.5.2 Middle East & Africa Heavy Commercial Vehicles: Automotive Airbags and Seatbelts Market Revenue and Forecast To 2028 (US$ Million)

10. Middle East & Africa Automotive Airbags and Seatbelts Market – Country Analysis

10.1 MEA: Automotive Airbags and Seatbelts Market

10.1.1 Overview

10.1.2 MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 (US$ million)

10.1.3 MEA Automotive Airbags and Seatbelts Market Breakdown, By Country

10.1.3.1 Saudi Arabia Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.1.1 Saudi Arabia Automotive Airbags and Seatbelts Market Breakdown, By Airbags Type

10.1.3.1.2 Saudi Arabia Automotive Airbags and Seatbelts Market Breakdown, By Seatbelts Type

10.1.3.1.3 Saudi Arabia Automotive Airbags and Seatbelts Market Breakdown, By Vehicle Class

10.1.3.2 UAE Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.2.1 UAE Automotive Airbags and Seatbelts Market Breakdown, By Airbags Type

10.1.3.2.2 UAE Automotive Airbags and Seatbelts Market Breakdown, By Seatbelts Type

10.1.3.2.3 UAE Automotive Airbags and Seatbelts Market Breakdown, By Vehicle Class

10.1.3.3 South Africa Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.3.1 South Africa Automotive Airbags and Seatbelts Market Breakdown, By Airbags Type

10.1.3.3.2 South Africa Automotive Airbags and Seatbelts Market Breakdown, By Seatbelts Type

10.1.3.3.3 South Africa Automotive Airbags and Seatbelts Market Breakdown, By Vehicle Class

10.1.3.4 Rest of MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 (US$ million)

10.1.3.4.1 Rest of MEA Automotive Airbags and Seatbelts Market Breakdown, By Airbags Type

10.1.3.4.2 Rest of MEA Automotive Airbags and Seatbelts Market Breakdown, By Seatbelts Type

10.1.3.4.3 Rest of MEA Automotive Airbags and Seatbelts Market Breakdown, By Vehicle Class

11. Industry Landscape

11.1 Market Initiative

11.2 New Development

12. Company Profiles

12.1 Autoliv Inc.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Continental AG

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Denso Corporation

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 INFINEON TECHNOLOGIES AG

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Robert Bosch GmbH

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 ZF Friedrichshafen AG

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Joyson Safety Systems

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Toyoda Gosei Co., Ltd.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1. Middle East & Africa Automotive Airbags and Seatbelts Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast To 2028 – By Airbags Type (US$ million)

Table 3. MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast To 2028 – By Seatbelts Type (US$ million)

Table 4. MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast To 2028 – By Vehicle Class (US$ million)

Table 5. MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 6. Saudi Arabia Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Airbags Type (US$ million)

Table 7. Saudi Arabia Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Seatbelts Type (US$ million)

Table 8. Saudi Arabia Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Vehicle Class (US$ million)

Table 9. UAE Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Airbags Type (US$ million)

Table 10. UAE Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Seatbelts Type (US$ million)

Table 11. UAE Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Vehicle Class (US$ million)

Table 12. South Africa Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Airbags Type (US$ million)

Table 13. South Africa Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Seatbelts Type (US$ million)

Table 14. South Africa Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Vehicle Class (US$ million)

Table 15. Rest of MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Airbags Type (US$ million)

Table 16. Rest of MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Seatbelts Type (US$ million)

Table 17. Rest of MEA Automotive Airbags and Seatbelts Market, Revenue and Forecast to 2028 – By Vehicle Class (US$ million)

Table 18. List of Abbreviation

The List of Companies - Middle East & Africa Automotive Airbags and Seatbelts Market

● Autoliv Inc.

● Continental AG

● Denso Corporation

● INFINEON TECHNOLOGIES AG

● Robert Bosch GmbH

● ZF Friedrichshafen AG

● Joyson Safety Systems

● Toyoda Gosei Co., Ltd.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa Automotive Airbags and Seatbelts Market.

● Highlights key business priorities in order to assist companies to realign their business strategies.

● The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa Automotive Airbags and Seatbelts Market, thereby allowing players across the value chain to develop effective long-term strategies.

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.

● Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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