Airbags Market: By Type, By Module, By Vehicle Type, By Sales Channel and Geography  

download arrow download arrow Download Free Sample
settings arrow settings arrow email us

Airbags Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Curtain Airbag, Frontal Airbag, Knee Airbag, Side Airbag, Others), By Module (Air Bag, Crash Sensors, Inflator or Gas Generator), By Vehicle Type (Commercial Vehicle, Passenger Vehicle), By Sales Channel (Aftermarkets, Original Equipment Manufacturers) and Region  

checked icon arrow_drop_down
checked icon Single User License $4400 $3520
checked icon Multiple User License $6600 $5280
checked icon Corporate User License $8900 $7120

Airbags Market size was valued at US$ 24,948.9 million in 2023 and is poised to grow at a CAGR of 6.2% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by type, by module, By Vehicle Type, and by Sales Channel. By type, The market has been segmented into Curtain Airbag, Frontal Airbag, Knee Airbag, Side Airbag, and Others. The Curtain Airbag segment is likely to be the largest and fastest-growing segment in terms of type. Based on Module the market is segmented into Air Bag, Crash Sensors, Inflators or Gas Generators.

Among these, the airbags segment is expected to have the fastest-growing market during the forecast period. Based on Vehicle Type, the market is segmented into Commercial vehicles and Passenger Vehicle. The Commercial Vehicle segment accounts for the largest share in 2022. Passenger Vehicle is the second-largest share during the forecast period 2023-2029. Based on the Sales Channel, the segment has been segregated into Aftermarkets, Original Equipment Manufacturers. The OEM segment is expected to dominate other segments in the market. The aftermarket segment is expected to witness the highest CAGR during the forecast period according to precision business insights.

Airbags Market Key Development

  • In July 2019, ZF developed an external airbag to enhance vehicle safety. This external airbag is engineered to soften the blow of the oncoming vehicle, thereby minimizing damage. This smart airbag system gets deployed once it senses an oncoming impact.
  • In February 2018, Hyundai Mobis developed the world's first panoramic roof airbag. The safety device is designed to prevent occupants from being ejected from the vehicle through the glass roof at the time of a rollover.

summary download arrow Download Free Sample

Airbags Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.2%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Airbags Market Dynamics

An increase in the demand for passenger safety coupled with strict government regulations for the airbags installations are anticipated to propel the market growth over the forecast years. Moreover, rise in vehicle sales in developed and developing economies, increase in disposable income, and advancements in automotive industry are burgeon the market growth over the forecast years.

Airbags Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 24,948.9 million

Market CAGR

6.2%

By Type

  • Curtain Airbag,
  • Frontal Airbag,
  • Knee Airbag,
  • Side Airbag,
  • Others

By Module

  • Air Bag,
  • Crash Sensors,
  • Inflator or
  • Gas Generator

By Vehicle Type

  • Commercial Vehicle,
  • Passenger Vehicle

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Key Features of the Report

  • The airbags market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Download Free Sample Report

I accept the Terms and Conditions,Disclaimers, GDPR Policy

Frequently Asked Questions

Airbags market size was valued at US$ 24,948.9 million in 2023 and is set to surpass at a robust CAGR of 6.2% from 2024-2030.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

One of the threats to the airbags market is the potential for product recalls and safety concerns related to airbag deployment malfunctions.

1. Executive Summary
2. Global Airbags Market Introduction
2.1. Global Airbags Market - Taxonomy
2.2. Global Airbags Market - Definitions
2.2.1. By Type
2.2.2. By Module
2.2.3. By Vehicle Type
2.2.4. By Sales Channel
2.2.5. By Region
3. Global Airbags Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Airbags Market Dynamic Factors - Impact Analysis
3.6. Global Airbags Market - Competition Landscape
4. Global Airbags Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Airbags Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Curtain Airbag
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Frontal Airbag
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Knee Airbag
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Side Airbag
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Airbags Market, By Module, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Air Bag
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Crash Sensors
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Inflator or Gas Generator
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Airbags Market, By Vehicle Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Commercial Vehicle
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Passenger Vehicle
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Airbags Market, By Sales Channel, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. Aftermarkets
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Original Equipment Manufacturers
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
9. Global Airbags Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Airbags Market - Opportunity Analysis Index, By Type, Module, Vehicle Type, Sales Channel, and Region, 2024 - 2030
10. North America Airbags Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Curtain Airbag
10.1.2. Frontal Airbag
10.1.3. Knee Airbag
10.1.4. Side Airbag
10.1.5. Others
10.2. Module Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Air Bag
10.2.2. Crash Sensors
10.2.3. Inflator or Gas Generator
10.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Commercial Vehicle
10.3.2. Passenger Vehicle
10.4. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Aftermarkets
10.4.2. Original Equipment Manufacturers
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Airbags Market - Opportunity Analysis Index, By Type, Module, Vehicle Type, Sales Channel, and Country, 2024 - 2030
10.7. North America Airbags Market Dynamics - Trends
11. Europe Airbags Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Curtain Airbag
11.1.2. Frontal Airbag
11.1.3. Knee Airbag
11.1.4. Side Airbag
11.1.5. Others
11.2. Module Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Air Bag
11.2.2. Crash Sensors
11.2.3. Inflator or Gas Generator
11.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Commercial Vehicle
11.3.2. Passenger Vehicle
11.4. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Aftermarkets
11.4.2. Original Equipment Manufacturers
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Airbags Market - Opportunity Analysis Index, By Type, Module, Vehicle Type, Sales Channel, and Country, 2024 - 2030
11.7. Europe Airbags Market Dynamics - Trends
12. Asia-Pacific Airbags Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Curtain Airbag
12.1.2. Frontal Airbag
12.1.3. Knee Airbag
12.1.4. Side Airbag
12.1.5. Others
12.2. Module Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Air Bag
12.2.2. Crash Sensors
12.2.3. Inflator or Gas Generator
12.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Commercial Vehicle
12.3.2. Passenger Vehicle
12.4. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Aftermarkets
12.4.2. Original Equipment Manufacturers
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Airbags Market - Opportunity Analysis Index, By Type, Module, Vehicle Type, Sales Channel, and Country, 2024 - 2030
12.7. Asia-Pacific Airbags Market Dynamics - Trends
13. Latin America Airbags Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Curtain Airbag
13.1.2. Frontal Airbag
13.1.3. Knee Airbag
13.1.4. Side Airbag
13.1.5. Others
13.2. Module Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Air Bag
13.2.2. Crash Sensors
13.2.3. Inflator or Gas Generator
13.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Commercial Vehicle
13.3.2. Passenger Vehicle
13.4. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Aftermarkets
13.4.2. Original Equipment Manufacturers
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Airbags Market - Opportunity Analysis Index, By Type, Module, Vehicle Type, Sales Channel, and Country, 2024 - 2030
13.7. Latin America Airbags Market Dynamics - Trends
14. Middle East and Africa Airbags Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
14.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Curtain Airbag
14.1.2. Frontal Airbag
14.1.3. Knee Airbag
14.1.4. Side Airbag
14.1.5. Others
14.2. Module Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Air Bag
14.2.2. Crash Sensors
14.2.3. Inflator or Gas Generator
14.3. Vehicle Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Commercial Vehicle
14.3.2. Passenger Vehicle
14.4. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Aftermarkets
14.4.2. Original Equipment Manufacturers
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Airbags Market - Opportunity Analysis Index, By Type, Module, Vehicle Type, Sales Channel, and Country, 2024 - 2030
14.7. MEA Airbags Market Dynamics - Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Modules, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Autoliv Inc.
15.2.2. Continental AG
15.2.3. Daicel Corporation
15.2.4. Delphi Automotive PLC
15.2.5. DENSO Corporation
15.2.6. Hyundai Mobis Co. Ltd
15.2.7. Joyson Safety Systems (Ningbo Joyson Electronic Corp.)
15.2.8. Key Safety Systems Inc.
15.2.9. Neaton Auto Products Manufacturing Inc. (Nihon Plast Co. Ltd.)
15.2.10. Robert Bosch GmbH
15.2.11. Takata Corporation
15.2.12. TOYODA GOSEI Co. Ltd.
15.2.13. TRW Automotive
15.2.14. ZF Friedrichshafen
16. Research Methodology
17. Key Assumptions and Acronyms

Key Market Players

  • Autoliv Inc.
  • Continental AG
  • Daicel Corporation
  • Delphi Automotive PLC
  • DENSO Corporation
  • Hyundai Mobis Co. Ltd
  • Joyson Safety Systems (Ningbo Joyson Electronic Corp.)
  • Key Safety Systems Inc.
  • Neaton Auto Products Manufacturing Inc. (Nihon Plast Co
  • Robert Bosch GmbH
  • Takata Corporation
  • TOYODA GOSEI Co. Ltd.
  • TRW Automotive
  • ZF Friedrichshafen

Related Industry Reports

Logistics Services Market

Marine Vessels Market

Forklift Market

In-Vehicle Infotainment Market