Automotive Airbag Market to Reach US$ 22.7 Bn by 2031; New

Wilmington, Delaware, United States, July 19, 2022 (GLOBE NEWSWIRE) — Transparency Market Research Inc.- Advancements in technologies that allow timely and safe deployment of airbags has helped augment the airbag market share in automotive safety modules. Of note, a study on the automotive airbag market has found diagnostic monitoring units to be a highly lucrative segment that will continue to hold a promising share during the forecast period of 2022–2031. The global automotive airbag market is projected to advance at CAGR of 7.2% during the period, and reach worth of US$ 22.7 Bn by 2031.

A number of top airbag manufacturers in the automotive airbag market are unveiling new designs that allow crash protection to head and chest during frontal collision. The demand for innovative designs and advanced safety modules in newer vehicles which allow protection against side-impact or rollover accidents has expanded the canvas for leading manufacturers of automotive airbag system. Moreover, automotive airbag suppliers are attractive clients with high-performance materials for air bags for automobiles to meet the goal of passenger safety.

Continuous advancements in control units used in air bag system for cars has generated new revenue streams for various companies such as OEMs in the automotive airbag market. Of note, improvements in crash or acceleration sensors have led to an uptick in demand for newer products in the market. Different types of airbags including side torso airbag and curtain airbags have been commercialized to cater to range of functional needs, thus expanding revenue potential.

Get PDF Brochure for More Insights –

Key Findings of Automotive Airbag Market Study

  • Incorporation of Diagnostic Monitoring Units to Generate Sizeable Revenues: Automakers are geared toward ensuring swift and safe deployment of airbags to provide occupants protection against various types of crashes. Diagnostic monitoring units are a crucial module, and have attracted massive attention among automotive companies. The segment held a key share of the global automotive airbag market in 2021. Widespread adoption of these is expected to generate substantial sales revenues. Of the various types of the materials used, polyester fiber is by far the most popular one, found the study on the automotive airbag market. The authors found that the polyester fiber segment held a market share of 73.84% in 2021. Since these materials are characterized by attractive performance characteristics, the demand for these will continue to remain robust in the next few years.
  • R&D on Crash Systems and Airbag Designs to Open up Incredible Opportunities: Growing R&D on crash systems has opened up new revenue streams for companies in the automotive airbag market. They are coming out with designs that provides protection to chest and face of occupants in severe instances of frontal crashes. Advancements in anticipatory crash technologies are enriching the prospects of the automotive airbag market. The need for superior crash safety technology for children and the elderly is a key factor that underpins profitable avenues.

Request Sample Report at-

Automotive Airbag Market: Key Drivers

  • Push toward implementation of government regulations on occupant safety in passenger cars is a key underpinning for the growth of the automotive airbag market. A recent case in point is the introduction of recent government norms in India for mandatory airbags in passenger vehicles, which might spur the demand for these among carmakers.
  • Growing awareness of the automotive safety features in vehicle owners and buyers globally is a key driver of the automotive airbag market.

Get COVID-19 Impact Analysis at-

Automotive Airbag Market: Regional Growth Dynamics

  • Europe has been a lucrative region in the automotive airbag market. The region is anticipated to hold a prominent share during the forecast period. The revenue potential has been enriched by the production of cars with cutting-edge occupant safety features, particularly for cars made in Germany.
  • Asia Pacific held a promising revenue share of the global automotive airbag market in 2021. A well-established automotive manufacturing industry in China and advancements made in vehicle safety features for vehicles marketed in India and Japan have cemented the revenue prospects.

Make an Inquiry before Buying –

Automotive Airbag Market: Competitive Dynamics

Joint ventures and rise in investments on the expansion of manufacturing units are some of the moves made by players to reap strategic gains in the automotive airbag market. Some of the key players are:

  • Toyota Gosei
  • ZF Friedrichshafen
  • Valeo
  • Autoliv Inc.
  • Takata Corporation
  • Robert Bosch GmbH
  • Magna International
  • Hyundai Mobis Co.Ltd
  • Hella GmbH & Co. KGaA
  • Denso Corporation
  • Delphi-Automotive
  • Calsonic Kansei Corporation (Mareli)
  • Aptiva Inc.

Automotive Airbag Market Segmentation

  • Application
    • Front Position
    • side position
    • side curtains
    • Rear Position
    • Knee position
  • Component
    • Airbag Inflator
    • Diagnostic Monitoring Unit
    • crash-sensor
    • others
  • Vehicle Type
    • Passenger Vehicle
      • Hatchback
      • Sedan
      • Utility Vehicles
    • commercial-vehicle
      • Light Commercial Vehicle
      • Heavy Commercial Vehicle
    • electric-vehicle
      • Battery Electric Vehicle
      • Hybrid/Plug-in Hybrid Electric Vehicle
  • Seat Setup
    • Single Row Setup
    • Lounge Setup
    • Double Row Setup
    • others
  • Fabric
    • coated
      • Silicon Coating
      • Neoprene Coating
    • Uncoated
  • Sales Channel
  • material
    • polyester-fiber
    • Nylon
    • others


  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South-America

Countries Covered

  • US
  • Canada
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Japan
  • China
  • India
  • Brazil
  • Mexico City
  • GCC Countries
  • South Africa

Browse Latest Automotive & Transportation Industry Research Reports by TMR

Automotive LiDAR Market – The global automotive LiDAR market is expected to exceed the value of US$ 3 Bn by the end of 2031, expand at a CAGR of 19.50% from 2021 to 2031

Advanced Driver Assistance System Market – The global advanced driver assistance systems market is expected to surpass the value of US$ 80.93 Bn by the end of 2031, expand at a CAGR of 11.80% from 2021 to 2031

Automotive Display System MarketAutomotive Display System Market is expected to cross value of US$ 29.7 Bn by the end of 2031, expand at a CAGR of 7.5% from 2022 to 2031.

Automotive Blind Spot Detection MarketAutomotive Blind Spot Detection Market is expected to cross value of US$ 16.59 Bn by the end of 2031, predicted to clock a striking CAGR of 13% during the forecast period.

Automotive OEM Key MarketAutomotive OEM Key Market is estimated to reach the valuation of US$ 280 Mn by the end of 2030, expand at a CAGR of 2% during the forecast period.

Automotive Retrofit Electric Vehicle Powertrain Market- Automotive Retrofit Electric Vehicle Powertrain Market to Reach US$ $ 117.9 Bn by the end of 2031

Automotive Engine Management System Market- Automotive Engine Management System Market is expected to surpass the value of US$ 95.4 Bn by the end of 2031

Automotive Thermal System Market- Automotive Thermal System Market is expected to reach value of US$ 50.38 Bn by the end of 2031

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel –

Contact Us:

Rohit Bhisey
Transparency Market Research Inc.
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Phone: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453


Leave a Reply

Your email address will not be published.