Global Automotive Airbag Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle.

By Coating Type;

Neoprene, Silicone, and Non-Coated.

By Sales Channel;

Original Equipment Manufacturers (OEMs) and Aftermarkets.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn593728305 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Airbag Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Airbag Market was valued at USD 13,750.40 million. The size of this market is expected to increase to USD 20,950.15 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The Global Automotive Airbag Market encompasses a vital segment within the automotive safety landscape, contributing significantly to the protection of vehicle occupants during collisions and accidents. Airbags represent a critical safety feature designed to mitigate the impact of crashes by providing a cushioning barrier between occupants and the vehicle's interior structure. Over the years, advancements in automotive engineering and safety technology have propelled the evolution of airbag systems, enhancing their effectiveness and expanding their applications across various vehicle types.

This market is characterized by a continuous focus on enhancing occupant safety through innovation and technological advancements. With safety being a paramount concern for both consumers and regulatory bodies, automakers and airbag manufacturers are constantly striving to develop more sophisticated and reliable airbag systems. From the introduction of frontal airbags to side-impact and curtain airbags, the automotive industry has witnessed significant progress in the design, deployment, and effectiveness of airbag systems, driving their widespread adoption and integration into modern vehicles.

Segmentation within the global automotive airbag market reflects the diverse range of airbag types and applications across different vehicle segments. Various types of airbags, including frontal airbags, side airbags, curtain airbags, knee airbags, and pedestrian protection airbags, cater to specific crash scenarios and occupant positions, ensuring comprehensive protection for vehicle occupants. Moreover, the market encompasses both OEM and aftermarket channels, with airbag systems integrated into new vehicles during manufacturing and also available as replacement parts for vehicle repair and maintenance purposes.

The global automotive airbag market spans regions worldwide, each with its own regulatory frameworks, safety standards, and consumer preferences. North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America constitute key regions contributing to market growth, driven by factors such as vehicle production volumes, safety regulations, and technological advancements. Overall, the global automotive airbag market plays a crucial role in shaping the safety landscape of the automotive industry, with continuous innovation and advancements aimed at enhancing occupant protection and reducing the impact of road accidents.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Coating Type
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Automotive Airbag Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Safety Regulations

        2. Technological Advancements

        3. Increasing Vehicle Production

        4. Growing Awareness of Vehicle Safety

      2. Restraints
        1. Cost Constraints

        2. Product Recalls and Liability Concerns

        3. Supply Chain Disruptions

        4. Increasing Competition

      3. Opportunities
        1. Technological Innovation

        2. Expansion into Emerging Markets

        3. Integration with Advanced Driver Assistance Systems (ADAS)

        4. Lightweight and Compact Designs

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Airbag Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Car
      2. Light Commercial Vehicle
      3. Heavy Commercial Vehicle
    2. Global Automotive Airbag Market, By Coating Type , 2021 - 2031 (USD Million)
      1. Neoprene
      2. Silicone
      3. Non-Coated
    3. Global Automotive Airbag Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Original Equipment Manufacturers (OEMs)
      2. Aftermarkets
    4. Global Automotive Airbag Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Autoliv Inc.
      2. Continental AG
      3. Denso Corporation
      4. Hyundai Mobis Co., Ltd.
      5. Neaton Auto Products Manufacturing, Inc.
      6. Key Safety Systems (KSS)
  7. Analyst Views
  8. Future Outlook of the Market