Automotive Airbag Market Growth Beyond USD 120 billion by 2031 | Autoliv, Toyoda Gosei, Hyundai Mobis

NEW YORK, (UNITED STATES) - QY Research announces the release of 2025 latest report "Automotive Airbag Market". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Automotive Airbag market, including market size, share, demand, industry development status, and forecasts for the next few years.

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The global market for Automotive Airbag was valued at US$ 79.17 billion in the year 2024 and is projected to reach a revised size of US$ 120 billion by 2031, growing at a CAGR of 6.2% during the forecast period. This expansion is fueled by increasing demand across diverse industries, advancements in technology, and the globalization of trade and supply chains. The market is poised for further growth, driven by innovation and the adoption of sustainable practices.

Airbags are automotive safety features in vehicles that are engineered to inflate at a rapid speed during the event of an accident or crash. The inflated airbags help in protecting the in-vehicle occupants in such occurrences. Therefore, these devices are categorized under automotive passive safety features. There are various types of airbags based on their application in vehicles, such as frontal airbags, side airbags, curtain airbags, and seatbelt airbags. The names of these airbags are associated with their strategic placements inside the vehicle.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.

Market The Driving Factors:-

Growing customer demand for the product, effective marketing strategies in new states, and significant investments in product development are some of the major reasons that are driving the Automotive Airbag industry. One of the biggest problems the Automotive Airbag industry is facing is easy access to rivals. The inexpensive cost of alternatives is another barrier to the Automotive Airbag market. Companies believe they can overcome this obstacle, though, by keeping pricing in check and expanding the market for their goods through the introduction of chemicals, specialized chemicals, polymers, metals, ceramics, composites, and new materials. Furthermore, market participants need to overcome significant obstacles in order to reduce risks, adjust their plans, and carry on with business as usual. As a result, businesses will have the ability to deploy their resources efficiently without sacrificing timely market supply or product quality.

Global Automotive Airbag Market Trends:-

Automotive Airbag The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Automotive Airbag products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Automotive Airbag chemical and material products and the establishment Automotive Airbag of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Top Market Leader Included: -

Autoliv
TRW
Key Safety Systems
Toyoda Gosei
Nihon Plast
Yanfeng Automotive Trim Systems
East JoyLong Motor Airbag
Hyundai Mobis
SandT Motiv
Jinheng Automotive Safety Technology
Changzhou Changrui
Jiangsu Favour
Taihang Changqing

Automotive Airbag Market Segmentation:-

Segment by Type:

Driver Front Airbag
Passenger Front Airbag
Side Airbag
Knee Airbag
Others

Segment by Application

Passenger Vehicles
Commercial Vehicles

Regional Outlook :-

The Automotive Airbag Market provides a diverse geographical landscape, with several areas exhibiting unique market characteristics. While some locations see rapid growth due to factors like economic expansion and technical advancements, other regions may experience slower but more consistent market expansion. Market trends vary greatly throughout regions due to factors including cultural influences, legal frameworks, and population developments. Businesses looking to go global must understand these regional differences and adjust their strategy to take advantage of local opportunities.

The primary research and secondary research of the analysis is the competitive landscape that exists between the top players present in the industry. An inventory of the actions the businesses have done in the previous years is included in the report. Growth statistics for the regional markets have been included in the research, along with a list of the key countries driving regional growth, including North America, Europe, China, Japan, Southeast Asia, and India.

North America: Market size, growth drivers, and key players.

Europe: Regulatory environment and sustainability initiatives.

Asia-Pacific: Rapid industrialization and demand growth.

Latin America: Emerging markets and opportunities.

Middle East & Africa: Focus on petrochemicals and infrastructure development.

Emerging markets such as Southeast Asia, Eastern Europe, and Africa are identified as high-growth regions, driven by rapid industrialization and urbanization.

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Market Forecast -

Market Size Projection: Forecast for the next 5-10 years.

Growth Rate (CAGR): Expected compound annual growth rate.

Emerging Markets: Regions and segments with high growth potential.

Future Trends: Predictions for technological, regulatory, and market developments.

Key Success Factors -

Innovation and R&D: Importance of developing new materials and processes.

Sustainability: Role of green chemistry and circular economy practices.

Customer-Centric Solutions: Meeting the specific needs of end-use industries.

Strategic Partnerships: Collaborations to drive growth and innovation.

Key Questions Answered -

What is the current size of the Automotive Airbag market, and what is its projected growth by 2031?

Which regions and segments are driving market growth?

Who are the leading players, and what are their strategies?

What are the major challenges and opportunities in the Automotive Airbag industry?

How are technological advancements shaping the future of the market?

Table of Contents with Major Points:

1. Executive Summary

1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2025-2031 (USD Billion)
1.2.1. Automotive Airbag Market, by Region, 2025-2031 (USD Billion)
1.2.2. Automotive Airbag Market, by Type, 2025-2031 (USD Billion)
1.2.3. Automotive Airbag Market, by Application, 2025-2031 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Automotive Airbag Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Market Dynamics

3.1. Automotive Airbag Market Impact Analysis (2025-2031)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Industry Analysis

4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2025-2031)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Market, by Type

5.1. Market Analysis
5.2. Global Automotive Airbag Market by Type, Performance - Potential Analysis
5.3. Global Automotive Airbag Market Estimates & Forecasts by Type 2025-2031 (USD Billion)
5.4. Automotive Airbag Market, Sub-Segment Analysis

6. Global Market, by Application

6.1. Market Analysis
6.2. Global Automotive Airbag Market by Application, Performance - Potential Analysis
6.3. Global Automotive Airbag Market Estimates & Forecasts by Application 2025-2031 (USD Billion)
6.4. Automotive Airbag Market, Sub-Segment Analysis
6.4.1. Others

7. Regional Analysis

7.1. Automotive Airbag Market, Regional Market Analysis
7.2. North America Automotive Airbag Market
7.3. Europe Automotive Airbag Market Analysis
7.4. Asia-Pacific Automotive Airbag Market Analysis
7.5. Latin America Automotive Airbag Market Analysis
7.6. Rest of The World Automotive Airbag Market

8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments

9. Research Process

9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

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