Pedestrian Protection Airbag Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Pedestrian Protection Airbag Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Pedestrian Protection Airbag Market Size and Its Estimated Growth Rate?
The market for pedestrian protection airbags has seen swift expansion in past years. It is projected to escalate from a valuation of $1.77 billion in 2024 to around $1.96 billion in 2025, with a compound annual growth rate (CAGR) of 10.7%. The surge during the historic period is a result of increased motor vehicle traffic, an increase in road mishaps, advancements in vehicle manufacturing, the broadening of automotive safety regulations, and heightened consumer consciousness about safety.

It is projected that the pedestrian protection airbag market will experience a significant expansion in the forthcoming years, swelling to a valuation of $2.91 billion by 2029 with a 10.4% compound annual growth rate (CAGR). The surge in growth during the projected period is projected to be driven by factors such as the rise in smart vehicle uptake, an escalating urban populace, an increase in pedestrian facilities, and growing apprehension over pedestrian safety, along with heightened government safety requirements. Major trends predicted for this period include technological progression in airbag systems, the incorporation of artificial intelligence into vehicle safety, the invention of smarter airbags equipped with sensors, improvements in sensor technology for collision detection, and the production of 3D-printed airbags.

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How Are Emerging Segments Shaping the Pedestrian Protection Airbag Market Landscape?
The pedestrian protection airbag market covered in this report is segmented -

1) By Airbag Type: Front Pedestrian Airbag, Lateral Pedestrian Airbag, Pop-Up Pedestrian Airbag
2) By Deployment Mechanism Type: Sensor-Based, Camera-Based, Radar-Based
3) By Application: Passenger Vehicle, Commercial Vehicle
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Subsegments:
1) By Front Pedestrian Airbag: Windshield Airbag, Hood Airbag, Bumper Airbag
2) By Lateral Pedestrian Airbag: Side Panel Airbag, A-Pillar Airbag, Door-Mounted Airbag
3) By Pop-Up Pedestrian Airbag: Hood Lift Airbag, Grille-Mounted Airbag, Fender-Mounted Airbag

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Which Growth Factors Are Influencing Pedestrian Protection Airbag Market Expansion?
The pedestrian protection airbag market is anticipated to flourish due to the increase in vehicle traffic. Vehicle traffic encompasses the flow of modes of transport such as cars, trucks, buses, motorcycles, bicycles, and others on roads and streets. The upsurge in vehicle traffic can be linked to growing population, urbanization, and a rise in disposable incomes, resulting in more vehicle possession and utilization. Pedestrian protection airbags essentially enhance the safety of vehicle traffic by diminishing the intensity of injuries caused from accidents involving pedestrians. For instance, the Department of Transport, based in the UK, reported in May 2024 that in 2023, car traffic on the highways of Great Britain saw a raise of 3.3%, reaching 48.5 billion vehicle miles. Additionally, there was a 1.6% surge in van traffic, amounting to 13.0 billion vehicle miles. Consequently, the increase in vehicle traffic is accelerating the expansion of the pedestrian protection airbag market.

Who Are the Dominant Players Across Different Pedestrian Protection Airbag Market Segments?
Major companies operating in the pedestrian protection airbag market are Toyota Motor Corporation, Ford Motor Company, General Motors Company, BMW AG, Honda Motor Co. Ltd., Robert Bosch GmbH, Nissan Motor Co. Ltd., Daimler AG, Denso Corporation, Continental AG, Hyundai Mobis, Volvo Car Corporation, Magna International Inc., TRW Automotive Holdings Corporation, Joyson Safety Systems, Autoliv Inc., Toyoda Gosei Co. Ltd., Daicel Corporation, Kolon Industries Inc., Ashimori Co.

What Are the Latest Developing Trends in the Pedestrian Protection Airbag Market?
Prominent entities in the pedestrian protection airbag market are concentrating on the creation of novel products, such as airbags constructed from recycled polyester. This move aims to boost sustainability and lessen environmental influence while preserving safety performance. Made entirely from recyclable materials, recycled polyester airbags significantly mitigate the emission of greenhouse gases while keeping safety standards intact. For example, in June 2024, the Sweden-based company Autoliv Inc., celebrated for manufacturing motor vehicle parts, unveiled airbag cushions crafted from 100% recycled polyester. This move aimed to decrease the GHG footprint of airbags. The new innovation, orchestrated in partnership with supply chain allies, curtails the GHG footprint of airbags by roughly 50% at the polymer level, while retaining the same safety capabilities as their traditional polyester counterparts. Transitioning to recycled polyester aids in reducing GHG emissions during the production process and fosters a circular economy by repurposing materials that would otherwise be discarded.

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Which Geographic Regions Are Expected to Dominate the Pedestrian Protection Airbag Market in the Coming Years?
North America was the largest region in the pedestrian protection airbag market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pedestrian protection airbag market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pedestrian Protection Airbag Market?
2. What is the CAGR expected in the Pedestrian Protection Airbag Market?
3. What Are the Key Innovations Transforming the Pedestrian Protection Airbag Industry?
4. Which Region Is Leading the Pedestrian Protection Airbag Market?

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