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

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What Is the Current Pedestrian Protection Airbag Market Size and Its Estimated Growth Rate?
The market size for pedestrian protection airbags has seen a fast-paced growth in the past few years. The market will witness an upsurge from $1.77 billion in 2024 to $1.96 billion in 2025 exhibiting a Compound Annual Growth Rate (CAGR) of 10.7%. Factors such as increasing vehicle traffic, a surge in road mishaps, an upturn in vehicle manufacturing, widening of automotive safety rules, and growing consumer consciousness towards safety have contributed to this growth during the historical period.

The market for pedestrian protection airbags is projected to experience substantial expansion in the upcoming years, growing to $2.91 billion by 2029 with a compound annual growth rate (CAGR) of 10.4%. Factors contributing to this growth throughout the forecast period include the escalating popularity of intelligent vehicles, rising urban populations, increased pedestrian facilities, growing apprehensions about pedestrian safety, and heightened government safety requirements. Notable trends for the forecast period encompass technological innovation in airbag systems, the inclusion of artificial intelligence in vehicle safety measures, the creation of more advanced airbags with integrated sensors, improvements in sensor technology for collision detection, and the emergence 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 increase in vehicular movement is predicted to trigger an expansion in the pedestrian protection airbag market. The term vehicular traffic encompasses the transport of vehicles such as automobiles, trucks, buses, motorcycles, bikes, among other transportation forms, on roads or streets. The surge in vehicle movement is credited to an expanding population, escalating urbanization rates, and higher disposable incomes, which lead to increased vehicle possession and use. Pedestrian protection airbags are beneficial in enhancing the safeness of vehicular traffic by minimizing the harshness of injuries sustained during a collision with a pedestrian. For example, data from the Department of Transport, a Government Department in the UK, revealed that in May 2024, there was a 3.3% increase in car traffic on motorways in Great Britain in 2023, reaching a sum of 48.5 billion vehicle miles. Additionally, van traffic increased by 1.6%, amounting to 13.0 billion vehicle miles. Consequently, the acceleration in vehicular traffic is fueling 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?
In the pedestrian protection airbag market, leading companies are putting their emphasis on crafting advanced products, such as airbags using recycled polyester, in an effort to bolster sustainability and minimize environmental harm while preserving safety performance. Recycled polyester airbags, made entirely from reused materials, dramatically cut down on greenhouse gas emissions without jeopardizing safety precautions. For example, Autoliv Inc., a Sweden-origin motor vehicle components manufacturer, rolled out airbag cushions fabricated from 100% recycled polyester, effectively shrinking the greenhouse gas (GHG) footprint of airbags in June 2024. This pioneering initiative, carried forward alongside supply chain allies, shrinks the GHG imprint of airbags by roughly 50% at the polymer level, maintaining the identical safety attributes of conventional polyester airbags. The transition to recycled polyester assists in curtailing GHG discharges during the manufacturing process and fosters a circular economy by repurposing materials that would otherwise end up as waste.

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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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