Middle East & Africa Automotive Passive Safety System Market Forecast to 2028 – COVID

Middle East & Africa Automotive Passive Safety System Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Airbag, Seatbelt, Occupant Sensing System, Child Safety System, and Others) and Vehicle Type (Passenger Car and Commercial Vehicles)

Report Code : BMIRE00027422 | Region : LAMEA | Industry : Automotive and Transportation | Published Date : 11/Nov/2022

The automotive passive safety system market in Middle East & Africa is expected to grow from US$ 220.09 million in 2022 to US$ 241.17 million by 2028. It is estimated to grow at a CAGR of 1.5% from 2022 to 2028.

Technological Advancements in Passive Safety Systems

There is a growing trend of integrated vehicle safety that connects the passive safety system with active safety technology resulting in increasingly powerful electronic control units, and sensor technology providing the basis for increasing levels of semi- and fully automated driving functions. With the rapid expansion of the automotive landscape, manufacturers are primarily focused on improving the driving experience, and working toward the overall safety of passengers and drivers. Integrated safety enhances comfort, convenience and driver support with easy-to-use assistance systems and functions like health monitoring of the vehicle occupants. These technologies can help assist in critical driving situations and in protecting occupants. Some technological advancement have taken place in recent years. For instance, Autoliv has introduced Life-Cell airbags. This provides protection regardless of the occupant's position. When activated in conjunction with the deployment of the steering wheel airbag, the Life-Cell airbag acts like a protective cocoon. Similarly, ZF has introduced external pre-crash airbags that deploy outward from the sides of the vehicle. These airbags act as additional crumple zones in the event of an accident. Tests have shown it can help reduce the severity of occupant injuries by up to 40%. Self-driving cars will continue to improve the travel experience. ZF develops restraint systems such as seat belts and airbags to protect occupants in flexible seating positions. ZF has designed the airbags to adapt to the position of the occupants and new degrees of freedom in the passenger compartment. Moreover, the technological advancements in seatbelts are strengthening the market growth. Thus, such developments in technology for airbags and seatbelts are anticipated to drive the market. Thus, such trends in technology for airbags and seatbelts are anticipated to drive the market.

Market Overview

The MEA includes countries such as South Africa, Saudi Arabia, the UAE, and the Rest of the MEA. The region is expected to see a rapid rise in marketing and industrialization, further improving the diverse industries. The Gulf countries are economically advanced, while the African countries still have to balance the economic conditions of the Gulf countries. Several factors, such as growing passenger cars, commercial vehicles on the road, and automated technologies integrated within the vehicles, are positively affecting the automotive passive safety system market. In 2019, the production of vehicles in Africa, accounted for 1,105,147 units. Thus, the growth in vehicle production, growing disposable income, and rising demand for the passive safety system are driving the market growth in the MEA. Further, the government of various countries in the MEA has realized the importance of the automotive sector and is taking initiatives to strengthen the automotive sector in the region. For instance, the Government of South Africa launched South African Automotive Masterplan (SAAM), which aims to broaden and deepen the local value chains. Such initiatives by the governments in MEA countries might support the growth of the automotive sector in the region, which in turn will further support the demand for an automotive passive safety system in the MEA.

Middle East & Africa Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Automotive Passive Safety System Market Segmentation

The Middle East & Africa automotive passive safety system market is segmented into type, vehicle type and country.

Based on type, the Middle East & Africa automotive passive safety system market can be categorized into airbags, seatbelts, occupant sensing system, child safety system, and others. The airbags segment registered the largest market share in 2022. Based on vehicle type, the Middle East & Africa automotive passive safety system market is bifurcated into passenger car and commercial vehicles. The passenger car segment held a larger market share in 2022. Based on country, the Middle East & Africa automotive passive safety system market is segmented into the UAE, Saudi Arabia, South Africa, and rest of MEA. South Africa dominated the market share in 2022. Autoliv Inc; Continental AG; FAURECIA; Hyundai Mobis; Joyson Safety Systems; Knauf Industries; Robert Bosch GmbH; Toyoda Gosei Co., Ltd; and ZF Friedrichshafen AG are the leading companies operating in the Middle East & Africa automotive passive safety system market.

At 1.5% CAGR, the Middle East & Africa Automotive Passive Safety System Market is speculated to be worth US$ 241.17 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Middle East & Africa automotive passive safety system market was valued at US$ 220.09 million in 2022 and is expected to reach US$ 241.17 million by 2028, registering an annual growth rate of 1.5% from 2022 to 2028. Growing adoption of electric vehicles and technological advancements in passive safety systems are the critical factors attributed to the market expansion.

The introduction of electric vehicles has transformed the automotive industry. In addition to this, automotive airbag and seatbelts technology in the market has enhanced safety and reduced the complexity of driving. Growing demands for electric vehicles opens new door for the automotive passive safety system market players. With the goal of Vision Zero that includes road traffic without severe injuries and fatalities, OEMs are continuously investing in passive safety systems for the protection of vehicle occupants, pedestrians, cyclists, and motorcyclists. Airbags and seatbelts with modern features are now standard in electric automobiles for a better driving experience. When switching to an electric vehicle, customers expect a higher level of automated experience. Technological innovation and a rise in focus on the safety of passengers and drivers may further increase the demand for airbags and seatbelts in electric vehicles. The company MG Motor India Pvt. Ltd introduced its MG ZS Electric Vehicle with three-point seat belt, to ensure safety for all passengers. The vehicle also includes 6 Airbags consisting of dual front airbags, side airbags and curtain airbags that work together with the seatbelts. A network of self-cleaning sensors delivers a 360º view of the environment around the EV. Several advancements are anticipated to provide lucrative opportunities for the growth of the automotive passive safety systems market.

On the contrary, high operating and maintenance costs of passive safety systems hurdles the growth of Middle East & Africa automotive passive safety system market.

Based on type, the Middle East & Africa automotive passive safety system market can be categorized into airbags, seatbelts, occupant sensing system, child safety system, and others. The airbags segment held 67.2% market share in 2022, amassing US$ 147.97 million. It is projected to garner US$ 164.93 million by 2028 to expand at 1.8% CAGR during 2022–2028. Based on vehicle type, the Middle East & Africa automotive passive safety system market is bifurcated into passenger car and commercial vehicles. The passenger car segment held 76.4% market share in 2022, amassing US$ 168.14 million. It is projected to garner US$ 186.86 million by 2028 to expand at 1.8% CAGR during 2022–2028. Based on country, the Middle East & Africa automotive passive safety system market is categorized into the UAE, Saudi Arabia, South Africa, and rest of Middle East & Africa. Our regional analysis states that South Africa captured 45.9% market share in 2022. It was assessed at US$ 101.01 million in 2022 and is likely to hit US$ 115.04 million by 2028, exhibiting a CAGR of 2.2% during the forecast period. Key players dominating the Middle East & Africa automotive passive safety system market are Autoliv Inc; Continental AG; FAURECIA; Hyundai Mobis; Joyson Safety Systems; Knauf Industries; Robert Bosch GmbH; Toyoda Gosei Co., Ltd; and ZF Friedrichshafen AG among others.

In 2022, Autoliv has announced its collaboration with Nuro, autonomous vehicle company for providing higher safety features with exterior airbag to Nuro's latest third-generation vehicle. In 2021, Autoliv is entering into collaboration with SSAB, global steel company to replace coking coal with fossil free steel from SSAB for airbags and seatbelts production.

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. MEA Automotive Passive Safety System Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Automotive Passive Safety System Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Growing initiatives to introduce regulatory standards concerning vehicle safety

5.1.2 Rising Automobile Production

5.2 Market Restraints

5.2.1 High Operating and Maintenance Costs of Passive Safety Systems

5.3 Market Opportunities

5.3.1 Growing Adoption of Electric Vehicles

5.4 Future Trends

5.4.1 Technological Advancements in Passive Safety Systems

5.5 Impact Analysis of Drivers and Restraints

6. Automotive Passive Safety System Market – MEA Analysis

6.1 MEA Automotive Passive Safety System Market Overview

6.2 MEA Automotive Passive Safety System Market Forecast and Analysis

7. MEA Automotive Passive Safety System Market – By Type

7.1 Overview

7.2 MEA Automotive Passive Safety System Market, By Type (2021 And 2028)

7.3 Airbag

7.3.1 Overview

7.3.2 Airbag: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

7.4 Seatbelt

7.4.1 Overview

7.4.2 Seatbelt: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

7.5 Occupant Sensing System

7.5.1 Overview

7.5.2 Occupant Sensing System: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

7.6 Child Safety System

7.6.1 Overview

7.6.2 Child Safety System: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

8. MEA Automotive Passive Safety System Market – By Vehicle Type

8.1 Overview

8.2 MEA Automotive Passive Safety System Market, By Vehicle Type (2021 And 2028)

8.3 Passenger Car

8.3.1 Overview

8.3.2 Passenger Car: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

8.4 Commercial Vehicles

8.4.1 Overview

8.4.2 Commercial Vehicles: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

9. MEA Automotive Passive Safety System Market – Country Analysis

9.1 Overview

9.1.1 MEA: Automotive Passive Safety System Revenue, by Key Country (US$ Million)

9.1.2 MEA: Automotive Passive Safety System Revenue Share, by Key Country (2021 and 2028)

9.1.2.1 South Africa: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1 South Africa: Automotive Passive Safety System, By Type

9.1.2.1.2 South Africa: Automotive Passive Safety System Market, By Vehicle Type

9.1.2.2 UAE: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1 UAE: Automotive Passive Safety System, By Type

9.1.2.2.2 UAE: Automotive Passive Safety System, By Vehicle Type

9.1.2.3 Saudi Arabia: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1 Saudi Arabia: Automotive Passive Safety System, By Type

9.1.2.3.2 Saudi Arabia: Automotive Passive Safety System, By Vehicle Type

9.1.2.4 Rest of MEA: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.1 Rest of MEA: Automotive Passive Safety System, By Type

9.1.2.4.2 Rest of MEA: Automotive Passive Safety System, By Vehicle Type

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Launch

10.4 Merger and Acquisition

11. Company Profiles

11.1 Continental AG

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 ZF Friedrichshafen AG

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Autoliv Inc.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Joyson Safety Systems

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Robert Bosch GmbH

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Faurecia

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Hyundai Mobis

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Knauf Industries

11.8.1 1.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Toyoda Gosei Co., Ltd.

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Word Index

LIST OF TABLES.

Table 1. MEA Automotive Passive Safety System Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. MEA Automotive Passive Safety System Market Volume and Forecast to 2028 (Thousand Units)

Table 3. MEA: Automotive Passive Safety System Market Revenue Share, By Country

Table 4. MEA: Automotive Passive Safety System Market Volume in Thousand Units, By Country

Table 5. South Africa: Automotive Passive Safety System, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 6. South Africa: Automotive Passive Safety System, By Type –Volume and Forecast to 2028 (Thousand Units)

Table 7. South Africa: Automotive Passive Safety System Market, By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 8. UAE: Automotive Passive Safety System, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 9. UAE: Automotive Passive Safety System, By Type –Volume and Forecast to 2028 (Thousand Units)

Table 10. UAE: Automotive Passive Safety System, By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 11. Saudi Arabia: Automotive Passive Safety System, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 12. Saudi Arabia: Automotive Passive Safety System, By Type –Volume and Forecast to 2028 (Thousand Units)

Table 13. Saudi Arabia: Automotive Passive Safety System, By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 14. Rest of MEA: Automotive Passive Safety System, By Type –Revenue and Forecast to 2028 (US$ Million)

Table 15. Rest of MEA: Automotive Passive Safety System, By Type –Volume and Forecast to 2028 (Thousand Units)

Table 16. Rest of MEA: Automotive Passive Safety System, By Vehicle Type –Revenue and Forecast to 2028 (US$ Million)

Table 17. List of Abbreviation

LIST OF FIGURES.

Figure 1. MEA Automotive Passive Safety System Market Segmentation

Figure 2. MEA Automotive Passive Safety System Market Segmentation – By Country

Figure 3. MEA Automotive Passive Safety System Market Overview

Figure 4. Airbag Segment held the Largest Share of MEA Automotive Passive Safety System Market

Figure 5. Passenger Car Segment held the Largest Share of MEA Automotive Passive Safety System Market

Figure 6. South Africa to Show Great Traction During Forecast Period

Figure 7. MEA – PEST Analysis

Figure 8. Ecosystem Analysis: MEA Automotive Passive Safety System Market

Figure 9. Expert Opinion

Figure 10. MEA Automotive Passive Safety System Market: Impact Analysis of Drivers and Restraints

Figure 11. MEA Automotive Passive Safety System Market Forecast and Analysis (US$ Million)

Figure 12. MEA Automotive Passive Safety System Market, By Type (2021 and 2028)

Figure 13. MEA Airbag: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. MEA Seatbelt: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. MEA Occupant Sensing System: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. MEA Child Safety System: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. MEA Others: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. MEA Automotive Passive Safety System Market, By Vehicle Type (2021 and 2028)

Figure 19. MEA Passenger Car: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. MEA Commercial Vehicles: Automotive Passive Safety System Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. South Africa: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

Figure 22. UAE: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Saudi Arabia: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Rest of MEA: Automotive Passive Safety System – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Middle East & Africa Automotive Passive Safety System Market

● Autoliv Inc

● Continental AG

● FAURECIA

● Hyundai Mobis

● Joyson Safety Systems

● Knauf Industries

● Robert Bosch GmbH 

● Toyoda Gosei Co., Ltd

● ZF Friedrichshafen AG

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa automotive passive safety system market.

● Highlights key business priorities to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa automotive passive safety system 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 automotive passive safety system market, as well as those hindering it

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

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