Automotive Airbags - Global Strategic Business Report

Report
343 Pages
March 2024
Region: Global
Global Industry Analysts, Inc
ID: 338751

The global market for Automotive Airbags is estimated at US$55.7 Billion in 2023 and is projected to reach US$84.1 Billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Side-Impact Airbags segment, which is expected to reach US$27.9 Billion by 2030 with a CAGR of 5.6%. The Front-Impact Driver Airbags segment is also set to grow at 5.1% CAGR over the next 8 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $14.2 Billion in 2023, and China, forecasted to grow at an impressive 8.3% CAGR to reach $18.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Automotive Airbags Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Airbags Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Automotive Airbags Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Denso Corporation, ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 22 Featured):

Denso Corporation
ZF Friedrichshafen AG
Hyundai Mobis Co., Ltd.
Toyoda Gosei Co., Ltd.
Nihon Plast Co., Ltd.
Denso International India Pvt., Ltd.
Joyson Safety Systems.
Special Devices Inc.
Ningbo Joyson Electronic Corp.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Automotive Airbags: A Primer
A Chronology of Airbag Market Development
Classification of Airbags
Segmentation Based on Size
Airbag Size of US & Europe (In Liters)
Components of an Airbag
Crash Sensors
Electromechanical Sensors
Electronic Sensors
Airbag Module
Bag Pack
Inflator
Gas Generant
Initiator
Filters
Segmentation Based on Deployment
Frontal Impact Airbags
Side Impact Airbags
Other Airbags
Evolution of Auto Parts, Components & Accessories Market
Automotive Safety Systems Fast Gaining Ground in Automotive Parts & Components Industry
Airbags: Safety Systems that Act as 'Life Savers' During High Speed Collisions
Key Factors Influencing Market Growth
Rising Incidents of Road Accidents: A Major Growth Factor
Stringent Regulations Promote Market Growth
Increasing Sales and Production of Passenger Cars Augurs Well for the Market
Rising Awareness Provides Impetus to Demand for Airbags
Emergence of Semi/Fully Autonomous Vehicles: A Strong Business Case
Technological Advances Influences Demand
Rising Concerns over Occupant Safety Speed Up Adoption of Automotive Airbags
Outlook
Passenger Vehicle Segment to Maintain Lead
Geographic Market Analysis
Developed and Developing Markets: A Study in Contrast
Market Dynamics Influenced by Economic Scenario
Automotive Airbags - Global Key Competitors Percentage Market Share in 2023 (E)
Component Integration Drives Companies towards Vertical Integration
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

Ashimori Industry Co., Ltd. (Japan)
Autoliv, Inc. (Sweden)
Continental AG (Germany)
Denso Corporation (Japan)
Hyundai Mobis Co., Ltd. (South Korea)
Infineon Technologies AG (Germany)
Joyson Safety Systems, Inc. (USA)
Nihon Plast Co. Ltd. (Japan)
Neaton Auto Products Manufacturing Inc. (USA)
Robert Bosch GmbH (Germany)
Toyoda Gosei Co., Ltd. (Japan)
Toshiba Electronic Devices & Storage Corporation (Japan)
ZF Friedrichshafen AG (Germany)

3. MARKET TRENDS & DRIVERS

Rise in Vehicle Demand Bodes Well for Automotive Airbags Market
Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
Global Passenger Car Sales (In Million Units) for the Years 2010 - 2024
Rapid Urbanization and Passenger Car Density Supports Growth
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
Affluent Middle Class Opens Up Asia into a Major Market
A Key Demographic Driver of Consumerism, the Growing Middle Class Population in Asia Pacific Drives Demand for New Cars: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
Expanding Base of Middle Class in the Asian Region Provides the Perfect Platform for Automotive Consumerism: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
Autonomous Vehicles to Redefine Entire Idea of Automotive Airbags
Growing Number of Road Accidents Drives Business Case for Automotive Airbags
Number of Deaths Caused by Road Accidents Worldwide by Region for the Years 2017 & 2030
Growing Consumer Awareness in Safety Equipment Drives Demand for Airbags
Growing Adoption of In-Vehicle Safety Systems by Auto Manufacturers as a Key Differentiating Factor Augurs Well for the Market
Airbag Recalls to Stimulate Product Innovation and Market Growth
Strong Demand for Electric Vehicles to Spur Growth
Global Electric Vehicles Sales in Million Units (2015-2040)
Global EV Sales Breakdown by Region for the Years 2019, 2025 & 2030
New Product Developments: The Ongoing Saga
New Airbag Modules to Lend Traction in the Coming years
Growing Demand for Rollover-Safety Systems
Australian vs. American Airbags: An Example of Product Diversity
NoTable Innovations in Automotive Airbags and Inflators Market
Single/Dual/Multiple Stage Inflators
Compact Airbags & Flexible Vent Technology
Panoramic Sunroof Airbag
InflaTable Seat Belts
Dashboard Mounted & Head Cradle Airbags
Seat Cushion & External Hood Airbags
Front-/Rear-Center Airbag
Dual Contour & Far-Side Airbags
Pre-Crash External Side Airbags
Light Knee Airbag
Tubular Rear Passenger Airbag
External Side Airbag
Smart Airbags for Smart Cars
More Airbag Solutions
Market Restraints
Issues & Challenges
Concerns Over Injuries & Deaths Due to Faulty Airbags
Growing Number of Product Recalls: Cause for Concern
Takata Recall Casts a Shadow on Reliability of Automotive Airbags
Disabling Airbags: An Emerging Market
To Deactivate or Not: An Ongoing Controversy
Depowered Airbags: Designed to Save Children
Saturation for Frontal Airbags in the US and Western Europe
Automotive Airbags: Regulatory Regime
Safety Regulations Lend Traction to Automotive Airbags Market
Supplier Industry Structure: Role Shift Results in New Configuration
A Strategic Insight
Tier-1 Suppliers
Tier-2 and Tier-3 Suppliers
Growth Strategy

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Automotive Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 2: World Historic Review for Automotive Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 3: World 16-Year Perspective for Automotive Airbags by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2014, 2024 & 2030
Table 4: World Recent Past, Current & Future Analysis for Side-Impact Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 5: World Historic Review for Side-Impact Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 6: World 16-Year Perspective for Side-Impact Airbags by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 7: World Recent Past, Current & Future Analysis for Front-Impact Driver Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 8: World Historic Review for Front-Impact Driver Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 9: World 16-Year Perspective for Front-Impact Driver Airbags by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 10: World Recent Past, Current & Future Analysis for Front-Impact Passenger Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 11: World Historic Review for Front-Impact Passenger Airbags by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 12: World 16-Year Perspective for Front-Impact Passenger Airbags by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 13: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 14: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 15: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 16: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 17: World Historic Review for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 18: World 16-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 19: World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 20: World Historic Review for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 21: World 16-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2014, 2024 & 2030
Table 22: World Automotive Airbags Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
The Automobile Market
Airbags: An Overview
Active Safety Taking Precedence over Passive Safety
New Airbag Modules to Drive Growth
Role of Government and Regulatory Authorities
NHTSA Rules: A Boon for Airbag Manufacturers
Crash Test Requirements to Enhance the Protection for Children, Infants and Others Against Fatalities due to Airbag
Market Analytics

CANADA

Market Overview

JAPAN

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
An Overview of the Market

CHINA

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
An Overview

EUROPE

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Automotive Market: An Insight
Airbag Market in Europe: An Overview
Market Analytics

FRANCE

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)

GERMANY

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
The German Automobile Market
Automotive Airbags Market: An Overview

ITALY

UNITED KINGDOM

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Auto Parts and Components Industry

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Asia-Pacific Continues to be the Growth Engine
Automotive Airbags: A Market Primer

AUSTRALIA

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)

INDIA

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
India: A Unique Market
Unique Characteristics Call for Unique Solutions
Global Manufacturers Line Up to Invest in India

SOUTH KOREA

REST OF ASIA-PACIFIC

Singapore: Market Prospects

LATIN AMERICA

Automotive Airbags Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)

BRAZILMEXICOREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Denso Corporation
ZF Friedrichshafen AG
Hyundai Mobis Co., Ltd.
Toyoda Gosei Co., Ltd.
Nihon Plast Co., Ltd.
Denso International India Pvt., Ltd.
Joyson Safety Systems.
Special Devices Inc.
Ningbo Joyson Electronic Corp.

Table Information

Report Attribute	Details
No. of Pages	343
Published	March 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 55.7 Billion
Forecasted Market Value ( USD ) by 2030	$ 84.1 Billion
Compound Annual Growth Rate	6.1%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 22 Featured):

MarketGlass Platform

Table of Contents

Companies Mentioned (Partial List)

Table Information

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