Automotive Airbag Sensor Market Research Report 2023 | Valuates Reports

Automotive Airbag Sensor Market

Airbag sensors are responsible for detecting sudden deceleration in a collision. It sends a signal to the airbag control unit which use the vehicle speed, yaw, seat belt and ECU to determine if an airbag should deploy in a crash. Sensors are used for detecting and responding to electrical or optical signals. A sensor converts physical elements (such as temperature, blood pressure, humidity, and speed) into an electrical form, which is easy to measure. They measure physical properties of the environment such as temperature, weight, size, and luminance. Sensors are classified based on the elements they detect and measure. They are basically divided into two types namely: Active sensors and passive sensors. Other common types of sensors are mechanical, electrical, radiation, magnetic, and chemical.

The global Automotive Airbag Sensor market was valued at US$ 567.5 million in 2022 and is anticipated to reach US$ 682.8 million by 2029, witnessing a CAGR of 2.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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It has been observed the death rate caused by road accidents is increasing every year and this draws the attention for introducing safety features such as airbags that can reduce fatalities during accidents. Technavio's market research report has identified increasing vehicle safety with more airbags as one of the primary factors that will fuel the growth of the automotive airbag sensor market in the coming years. Airbags are present in steering panels, front instrument panels, and sides of car doors and the airbag sensor senses the probability of collision and sends a signal to electronic control unit (ECU) and the ECU deploy the airbag and prevents the passengers from getting injured. With the increasing safety awareness among the consumers, the number of airbags per vehicle will increase and this will drive the growth of this market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Automotive Airbag Sensor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Airbag Sensor.

The Automotive Airbag Sensor market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive Airbag Sensor market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

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The report will help the Automotive Airbag Sensor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Key Segmentations

By Company
• Daicel Corporation
• Hyundai Mobis
• Key Safety Systems
• ZF Friedrichshafen
• Dorman
• FH Group
• Ford
• Firestone
• Air Lift

Segment by Type
• Active Sensor
• Passive Sensor

Segment by Application
• Driver Front Airbag
• Passenger Front Airbag
• Side Airbag
• Knee Airbag
• Others

Production by Region
• North America
• Europe
• China
• Japan
• South Korea
• India

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