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

By Type;

Front Airbags, Inflatable Seat Belts, Curtain Airbags, Side Airbags, and Knee Airbags.

By Sales Channel;

OEM and Replacement/Aftermarket.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn714638025 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive External Airbags Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive External Airbags Market was valued at USD 585.35 million. The size of this market is expected to increase to USD 1557.04 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.0%.

The Global Automotive External Airbags Market witnesses a transformative shift in automotive safety technology, with external airbags emerging as a significant innovation. These airbags represent a groundbreaking advancement in vehicle safety systems, designed to mitigate the impact of collisions on pedestrian safety and vehicle occupants alike. As vehicles become more interconnected and autonomous, the integration of external airbags is poised to redefine safety standards in the automotive industry.

The market for automotive external airbags is characterized by a focus on enhancing pedestrian protection and reducing the severity of injuries sustained in accidents. This proactive approach underscores the industry's commitment to prioritizing safety for all road users, not just vehicle occupants. With increasing emphasis on reducing pedestrian fatalities and injuries, external airbags present a promising solution to address this critical safety concern.

Driven by stringent safety regulations and a growing demand for advanced safety features, the automotive external airbags market is witnessing rapid growth. Automakers are increasingly integrating external airbag systems into their vehicle designs to enhance overall safety performance and comply with evolving safety standards. As a result, the market is experiencing significant investments in research and development to innovate and refine external airbag technologies.

The introduction of advanced sensor technologies and predictive algorithms is further propelling market growth, enabling external airbag systems to accurately detect and respond to potential collision scenarios in real time. This proactive approach to safety not only enhances passenger protection but also contributes to reducing the severity of accidents and improving overall road safety outcomes.

With increasing consumer awareness and regulatory mandates driving the adoption of advanced safety features, the global automotive external airbags market is poised for robust expansion in the coming years. As automakers continue to prioritize safety innovation, external airbag systems are expected to play a pivotal role in shaping the future of automotive safety, ushering in a new era of enhanced protection for pedestrians and vehicle occupants alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Region
  4. Global Automotive External Airbags Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent safety regulations driving adoption
        2. Increased focus on vehicle safety
        3. Growing consumer awareness
        4. Rising demand for vehicles with advanced safety features
      2. Restraints
        1. Compatibility and integration challenges
        2. Concerns about reliability and durability
        3. Maintenance complexity
        4. Limited consumer awareness
      3. Opportunities
        1. AI and machine learning integration
        2. Lightweight materials adoption
        3. Customization for specific conditions
        4. Aftermarket sales channel expansion
    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 External Airbags Market, By Type, 2021 - 2031 (USD Million)
      1. Front Airbags
      2. Inflatable Seat Belts
      3. Curtain Airbags
      4. Side Airbags
      5. Knee Airbags
    2. Global Automotive External Airbags Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Replacement/Aftermarket
    3. Global Automotive External Airbags 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. ZF Friedrichshafen AG
      2. Autoliv Inc.
      3. Yanfeng (Huayu Automotive Systems Co. Ltd)
      4. Toyoda Gosei Co. Ltd
      5. Continental AG
      6. Joyson Safety Systems
      7. Hyundai Mobis Co. Ltd
      8. Sumitomo Corporation
      9. Jinzhou Jinheng Automotive Safety System Co. Ltd
      10. Ashimori Industry Co. Ltd
  7. Analyst Views
  8. Future Outlook of the Market