The vehicular population in the country has tripled over the last decade and this is one of the major factors responsible for the heavy road traffic congestion in the country. Moreover, the negligible growth in the road density in many cities and towns has contributed significantly toward the increasing incidence of road accidents in the country

Get More Insights: India Car Airbag Market Revenue Estimation and Growth Forecast Report

In India, airbags are incorporated in multiple types of vehicles— sports utility vehicle (SUV), sedan, and hatchback. Out of these vehicles, the SUVs registered the highest adoption of airbags during the historical period (2014—2019). This is mainly credited to the rising integration of various types of passenger safety features in these vehicles. However, owing to the mushrooming sales of the hatchback cars in the country, these vehicles are expected to record the fastest growth in the adoption of airbags during the forecast period.