Air Bags

Air Bags Market Outlook

The global air bags market is projected to reach approximately USD 34 billion by 2035, growing at a compound annual growth rate (CAGR) of around 7.5% during the period from 2025 to 2035. The increasing emphasis on vehicle safety and the rising adoption of stringent regulations regarding passenger protection are key growth factors driving the air bags market. Moreover, the advancements in automotive technologies and the introduction of smart airbag systems that can adapt deployment based on the severity of an accident are also contributing to market expansion. As consumers become increasingly conscious of safety, manufacturers are compelled to innovate and enhance airbag systems, adding further growth potential to the market. Additionally, the growing trend of electrification in the automotive sector is expected to introduce novel challenges and opportunities for airbag design and deployment, thus broadening the market's horizon.

Growth Factor of the Market

One of the primary growth factors for the air bags market is the increasing focus on vehicle safety due to a significant rise in road traffic accidents globally. Safety regulations imposed by governments across various regions further bolster this demand, as automotive manufacturers are mandated to comply with safety standards that require the inclusion of airbag systems in vehicles. The rapid technological advancements in airbag systems, such as integration with advanced driver-assistance systems (ADAS), also play a crucial role in enhancing the market's growth. Moreover, the increasing production and sales of passenger and commercial vehicles have a direct impact on the air bags market, as these vehicles are equipped with multiple airbag systems to ensure driver and passenger safety. Lastly, the growing awareness among consumers regarding the importance of safety features in vehicles also positively influences the air bags market’s trajectory.

Key Highlights of the Market

• Significant growth driven by rising vehicle safety standards and regulations.
• Technological advancements leading to the development of smart airbag systems.
• Increasing production of electric and autonomous vehicles, necessitating innovative airbag designs.
• Growing consumer awareness regarding vehicle safety and protection features.
• Expansion of the aftermarket for airbag replacement and maintenance services.

By Type

Front Air Bags:

Front air bags are the most common type of air bag found in motor vehicles. They are designed to deploy in the event of a frontal collision, acting as a cushion to protect the driver and front-seat passengers from injury. These air bags are typically located in the steering wheel for the driver and in the dashboard for the front passenger. The adoption of front air bags has been driven by stringent safety regulations and consumer demand for enhanced protection. Their integration with seatbelt systems further amplifies their effectiveness, making them a critical component of vehicle safety architecture. As manufacturers continuously innovate, front air bags have evolved to incorporate features such as dual-stage deployment and adaptive technologies, which consider the severity of the impact and the occupant's position for optimized safety performance.

Side Air Bags:

Side air bags are designed to protect occupants in the event of a side-impact collision, providing crucial cushioning to the torso and head areas. Often integrated into the seats or the vehicle's door panels, these air bags deploy rapidly during a collision to reduce the risk of injury from the impact. Side air bags have gained popularity due to the increasing incidence of side-impact crashes, which account for a significant percentage of vehicle accidents. Their effectiveness in mitigating injuries has led to mandatory regulations in many regions, further propelling their installation in both passenger cars and commercial vehicles. As automotive safety technology progresses, side air bags are being integrated with advanced sensors and systems, enhancing their deployment accuracy and efficiency.

Curtain Air Bags:

Curtain air bags are designed to provide head protection during rollover accidents or side impacts. These air bags deploy from the roof area of the vehicle, creating a protective barrier that can shield the occupant's head from contact with the vehicle's interior or external objects. The utilization of curtain air bags has significantly improved the safety of passengers, particularly in SUVs and larger vehicles that may be more prone to rollovers. As the demand for enhanced safety features continues to rise, the market for curtain air bags is expected to grow, supported by increasing regulations and consumer preference for vehicles equipped with comprehensive safety systems. Manufacturers are also focusing on improving the design and deployment mechanism of curtain air bags to enhance their overall performance and reliability.

Knee Air Bags:

Knee air bags are becoming increasingly popular as an additional safety feature aimed at protecting the lower body during a collision. Designed to deploy from the lower dashboard area, these air bags help prevent knee injuries by cushioning the impact force to the knees and legs. The adoption of knee air bags has been driven by consumer demand for comprehensive safety solutions and compliance with recognized safety standards. These air bags complement front and side air bags to create a multi-layered safety environment within the vehicle. As more manufacturers recognize the benefits of knee air bags, their presence in new vehicle models is expected to rise, thus enhancing overall vehicle safety ratings.

Seat-Mounted Air Bags:

Seat-mounted air bags are integrated directly into the seat structure, providing added protection to the occupants in the event of a collision. These air bags typically deploy from the side of the seat, offering additional cushioning to the torso and pelvis areas. Their design helps to secure the occupant in place and reduce the likelihood of injury during an accident. The increasing focus on personalized safety solutions and enhanced occupant protection has led to a rise in the installation of seat-mounted air bags in various vehicle types. Moreover, as manufacturers continue to innovate with seat designs, the functionality and deployment of seat-mounted air bags will likely evolve, further solidifying their role in modern automotive safety systems.

By Vehicle Type

Passenger Cars:

Passenger cars represent a significant segment of the air bags market, driven largely by consumer demand for safety features. As more individuals prioritize vehicle safety, manufacturers are compelled to enhance their offerings by integrating multiple air bag systems into their designs. Passenger cars are outfitted with a combination of front, side, curtain, and knee air bags to ensure comprehensive protection for all occupants. The growth of electric vehicles and advancements in automotive technologies are further influencing passenger car designs, leading to innovative air bag solutions that cater to new safety challenges. The global push for safer roads and vehicles is expected to continue driving the demand for air bags in the passenger car segment over the coming years.

Commercial Vehicles:

The commercial vehicles segment is also witnessing significant growth in the air bags market, as fleet operators increasingly invest in vehicle safety to protect drivers and cargo. With rising regulations regarding safety standards for commercial vehicles, manufacturers are integrating advanced air bag systems into trucks, buses, and vans. The adoption of air bags in commercial vehicles helps reduce injury rates in accidents, thereby enhancing overall safety for both drivers and passengers. Furthermore, the market for air bags in commercial vehicles is expected to expand as companies focus on improving their safety ratings to attract business contracts and comply with regulations. As safety becomes a top priority within the commercial sector, the demand for air bags is anticipated to grow alongside other safety technologies.

Electric Vehicles:

As the electric vehicle (EV) market expands, the demand for air bags specifically designed for these vehicles is also on the rise. Electric vehicles present unique design challenges, particularly concerning space and weight distribution, which influence air bag deployment and performance. Manufacturers are exploring innovative approaches to integrate air bags within the EV architecture, ensuring optimal safety without compromising efficiency. The EV segment is characterized by a growing emphasis on multi-layered safety systems, which include not only air bags but also advanced driver-assistance systems that work in conjunction with air bags to enhance overall safety. The increasing adoption of electric vehicles is projected to propel the air bags market as manufacturers continue to prioritize occupant protection.

Autonomous Vehicles:

The emergence of autonomous vehicles is expected to reshape the air bags market significantly. As the technology evolves, traditional air bag systems will need to adapt to new safety paradigms where vehicle control is automated. The air bag systems in autonomous vehicles may have to incorporate advanced sensors and artificial intelligence to accurately assess the need for deployment based on real-time data analysis. Furthermore, the design of air bags may change, with a focus on protecting occupants in scenarios that differ from conventional driving. As the regulatory landscape for autonomous vehicles develops, the integration of cutting-edge air bag systems will be crucial for ensuring passenger safety and maintaining consumer confidence in these innovative vehicles.

Others:

The 'Others' category encompasses various vehicle types that do not fall into the traditional classifications of passenger cars, commercial vehicles, electric vehicles, and autonomous vehicles. This may include specialty vehicles, recreational vehicles (RVs), and customized units that serve niche markets. As diverse as their applications may be, the demand for safety features, including air bags, remains high across these vehicles. Manufacturers are recognizing the importance of offering tailored air bag solutions for these unique applications, ensuring that all vehicle types are equipped to provide adequate protection. As customer preferences evolve and more regulations are introduced, the 'Others' segment is expected to see growth in air bag installations, reflecting the broader industry trend towards enhanced vehicle safety.

By Sales Channel

OEMs:

The original equipment manufacturers (OEMs) segment comprises the primary channel through which air bags are integrated into new vehicles. This segment dominates the air bags market, as vehicle manufacturers are required to meet safety regulations that necessitate the inclusion of air bags in their models. OEM partnerships with air bag suppliers foster innovation and ensure that the latest safety technologies are integrated into new vehicle designs. As manufacturers continuously enhance their offerings to maintain competitive advantages, the demand for OEM-installed air bags remains robust. Furthermore, collaboration between OEMs and technology providers is leading to the introduction of smart air bag systems that can adapt to various conditions, contributing to the market's continual growth.

Aftermarket:

The aftermarket segment encompasses the sales of air bags for vehicles that are already on the road, including replacements and upgrades. As vehicles age, the need for air bag maintenance and replacement becomes critical, particularly for those involved in accidents. The growing awareness of safety among consumers is driving demand in the aftermarket for air bags, as car owners seek to ensure their vehicles are equipped with functioning safety features. Additionally, the aftermarket provides opportunities for the introduction of advanced air bag systems that can enhance the safety features of older vehicles. With a rising number of vehicles in use globally, this segment presents significant growth potential, as more consumers turn to aftermarket solutions to improve safety and compliance with evolving regulations.

By Material Type

Neoprene Coated Cordura:

Neoprene coated cordura is a highly durable material commonly used in the production of air bags. Known for its resistance to wear, tear, and abrasion, this material offers enhanced durability and longevity, which is critical in air bag applications where reliability is paramount. The unique properties of neoprene, combined with cordura's strength, allow manufacturers to create air bags that can withstand extreme conditions and high-impact situations. As safety regulations require increasingly robust air bag designs, the use of neoprene coated cordura is expected to rise, particularly in high-performance vehicles where the demands on air bag systems are greater. The market for this material type will likely continue to expand as manufacturers seek to improve the performance characteristics of air bags.

Silicone Coated Glass Fabric:

Silicone coated glass fabric is another material used in air bag manufacturing, known for its excellent thermal stability and flexibility. This material is well-suited for air bags as it can endure the intense heat generated during deployment without compromising structural integrity. The lightweight nature of silicone coated glass fabric makes it a favorable choice for modern air bag designs, allowing for easy integration while minimizing additional weight on the vehicle. As manufacturers strive for optimized safety solutions, the adoption of silicone coated glass fabric in air bags is anticipated to increase, particularly for advanced applications where performance and safety are critical. Furthermore, its eco-friendly attributes align with the growing trend toward sustainability in automotive manufacturing.

Thermoplastic Polyurethane:

Thermoplastic polyurethane (TPU) is gaining traction in air bag production due to its versatility and superior performance characteristics. TPU is known for its excellent elasticity, resilience, and resistance to wear and chemical degradation, making it ideal for air bag applications. As manufacturers increasingly focus on lightweight designs to improve fuel efficiency and reduce emissions, TPU emerges as a material of choice due to its lightweight properties. The use of thermoplastic polyurethane can enhance air bag deployment performance, providing faster inflation times and greater occupant protection. As the automotive industry continues to innovate, the demand for TPU in air bags is expected to grow, reflecting the material's important role in advancing vehicle safety technology.

Nylon:

Nylon is a widely used material in the production of air bags, valued for its strength, durability, and lightweight nature. Its excellent tensile strength and resistance to abrasion make it suitable for air bag applications where reliability is essential. The use of nylon in air bags allows manufacturers to create robust designs that can withstand the forces exerted during deployment without rupturing or failing. As the market for air bags evolves, the use of nylon is projected to persist due to its proven performance and cost-effectiveness. Moreover, advancements in nylon technology are enabling manufacturers to develop lighter and more efficient air bags, aligning with the industry's shift toward more sustainable and fuel-efficient vehicle designs. The nylon segment's growth will likely continue as it remains integral to the air bags market.

By Region

In North America, the air bags market is witnessing robust growth, driven by stringent safety regulations and a high level of consumer awareness regarding vehicular safety. The region is projected to hold the largest market share, with estimates suggesting that it will account for approximately 35% of the global air bags market by 2035. The presence of major automotive manufacturers and suppliers in North America further bolsters this segment, as they continuously innovate and improve air bag technologies to enhance vehicle safety. Moreover, the growing demand for electric and autonomous vehicles in the region is likely to elevate the need for advanced air bag systems that can adapt to new safety paradigms, thus influencing the market positively.

Europe is another significant region within the air bags market, showcasing a CAGR of around 6.5% during the forecast period. The European automotive industry is heavily influenced by regulatory bodies that impose rigorous safety standards, necessitating the incorporation of multiple air bag systems in vehicles. The increasing production of electric vehicles in Europe is also expected to drive the demand for innovative air bag designs that cater to the unique requirements of these vehicles. As manufacturers focus on sustainability and consumer safety, the air bags market in Europe is anticipated to experience growth aligned with these broader automotive trends. The diversity of automotive manufacturers in this region further creates opportunities for air bag suppliers, thereby supporting the market's expansion.

Opportunities

The air bags market presents numerous opportunities driven by regulatory changes and technological advancements. As governments worldwide continue to implement stringent safety regulations, the demand for advanced air bag systems is expected to rise. Manufacturers have the opportunity to develop innovative air bags that not only meet regulatory standards but also exceed consumer expectations for safety and performance. The shift towards electric and autonomous vehicles offers a unique opportunity for air bag suppliers to collaborate with OEMs in designing air bags tailored to the specific needs of these innovative vehicles. This could involve integrating smart technologies that assess crash severity and dynamically adjust deployment strategies, thereby revolutionizing occupant safety in the automotive industry.

Another significant opportunity lies in the expansion of the aftermarket for air bags. As the global vehicle fleet continues to grow, so does the need for maintenance and replacement of air bag systems. Companies focusing on aftermarket solutions can capitalize on this demand by providing high-quality air bags, retrofitting services, and safety upgrades for older vehicles. Additionally, the growing trend of sustainability in the automotive sector creates opportunities for manufacturers to innovate with eco-friendly materials and production processes in air bag design. By aligning their offerings with sustainability goals, companies can enhance their market positioning while contributing positively to environmental conservation efforts.

Threats

One of the significant threats facing the air bags market is the potential for technological obsolescence. As vehicle safety technologies evolve rapidly, companies that fail to innovate may find themselves at a competitive disadvantage. The emergence of advanced vehicle safety systems, including autonomous driving technology, may necessitate significant changes in air bag design and deployment strategies. Manufacturers must remain vigilant and adaptable to these changes to avoid losing market share to competitors who embrace innovation. Furthermore, the increasing complexity of vehicle electronics and the integration of air bags with other safety systems may pose engineering challenges and increase production costs, potentially impacting profit margins.

Another critical threat to the air bags market is the risk of regulatory changes that could impact safety standards. If governments were to revise or relax safety regulations, it might lead to reduced demand for air bag systems as manufacturers seek to streamline costs and simplify vehicle designs. Additionally, concerns over air bag recalls and safety incidents may negatively affect consumer confidence in air bag systems, leading to diminished market opportunities. Manufacturers must focus on maintaining high-quality standards and transparency regarding air bag performance and reliability to mitigate these threats and sustain market growth.

Competitor Outlook

• Autoliv Inc.
• Takata Corporation
• Joyson Safety Systems
• Continental AG
• Robert Bosch GmbH
• Mobius Biomedical LLC
• Zhejiang Mingtai Industry Co., Ltd.
• East Joy Long Holdings Limited
• Hyundai Mobis Co., Ltd.
• Far Europe Group Limited
• TRW Automotive Holdings Corp.
• KSS (Kongsberg Automotive)
• Denso Corporation
• Inflation Systems, Inc.
• Valeo S.A.

The competitive landscape of the air bags market is characterized by a large number of players engaged in the continuous development and innovation of air bag technologies to meet the evolving demands of the automotive industry. Key players, including Autoliv Inc. and Takata Corporation, hold significant market shares due to their extensive experience and expertise in air bag design and production. These companies invest heavily in research and development to create advanced airbag systems that enhance passenger safety during collisions. Additionally, they maintain strategic partnerships with leading automotive manufacturers, which further solidifies their positions within the market. Companies are also focusing on sustainability and eco-friendliness in their production processes, which is becoming increasingly important to consumers and regulators alike.

Moreover, the market sees the presence of emerging players such as Joyson Safety Systems and Continental AG, which have been actively expanding their product offerings to include smart air bag technologies. These innovations aim to adapt the deployment of air bags based on real-time data to enhance occupant protection. In response to the growing demand for electric and autonomous vehicles, manufacturers are exploring new air bag designs that cater specifically to the unique safety challenges these vehicles present. As a result, the competitive landscape is becoming increasingly dynamic, with companies vying to capture market share through technological advancements, improved performance, and enhanced safety features.

Among the major companies, Denso Corporation and Hyundai Mobis Co., Ltd. are also noteworthy, as they are recognized for their commitment to safety and innovation. Denso, a leader in automotive components, is integrating air bag systems with advanced driver-assistance technologies to enhance overall vehicle safety. Hyundai Mobis is focusing on developing multifunctional air bags that provide superior protection while being lightweight and cost-effective. The competitive landscape will continue to evolve as these players and others strive to meet the challenges posed by rapidly changing safety standards, technological advancements, and consumer preferences within the automotive industry.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Valeo S.A.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Autoliv Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Continental AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Denso Corporation
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Robert Bosch GmbH
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Takata Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Joyson Safety Systems
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Mobius Biomedical LLC
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Hyundai Mobis Co., Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Inflation Systems, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Far Europe Group Limited
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 KSS (Kongsberg Automotive)
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 TRW Automotive Holdings Corp.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 East Joy Long Holdings Limited
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Zhejiang Mingtai Industry Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Air Bags Market, By Type
    • 6.1.1 Front Air Bags
    • 6.1.2 Side Air Bags
    • 6.1.3 Curtain Air Bags
    • 6.1.4 Knee Air Bags
    • 6.1.5 Seat-Mounted Air Bags
  • 6.2 Air Bags Market, By Vehicle Type
    • 6.2.1 Passenger Cars
    • 6.2.2 Commercial Vehicles
    • 6.2.3 Electric Vehicles
    • 6.2.4 Autonomous Vehicles
    • 6.2.5 Others
  • 6.3 Air Bags Market, By Material Type
    • 6.3.1 Neoprene Coated Cordura
    • 6.3.2 Silicone Coated Glass Fabric
    • 6.3.3 Thermoplastic Polyurethane
    • 6.3.4 Nylon
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Air Bags Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Air Bags market is categorized based on

By Type

• Front Air Bags
• Side Air Bags
• Curtain Air Bags
• Knee Air Bags
• Seat-Mounted Air Bags

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles
• Autonomous Vehicles
• Others

By Material Type

• Neoprene Coated Cordura
• Silicone Coated Glass Fabric
• Thermoplastic Polyurethane
• Nylon
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Autoliv Inc.
• Takata Corporation
• Joyson Safety Systems
• Continental AG
• Robert Bosch GmbH
• Mobius Biomedical LLC
• Zhejiang Mingtai Industry Co., Ltd.
• East Joy Long Holdings Limited
• Hyundai Mobis Co., Ltd.
• Far Europe Group Limited
• TRW Automotive Holdings Corp.
• KSS (Kongsberg Automotive)
• Denso Corporation
• Inflation Systems, Inc.
• Valeo S.A.