PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1655567
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1655567
Airbag Electronics
Global Airbag Electronics Market to Reach 355.6 Million Units by 2030
The global market for Airbag Electronics estimated at 256.9 Million Units in the year 2024, is expected to reach 355.6 Million Units by 2030, growing at a CAGR of 5.6% over the analysis period 2024-2030. Compact Cars Vehicle Type, one of the segments analyzed in the report, is expected to record a 7.2% CAGR and reach 105.7 Million Units by the end of the analysis period. Growth in the Mid-Sized Cars Vehicle Type segment is estimated at 6.4% CAGR over the analysis period.
The U.S. Market is Estimated at 71.0 Million Units While China is Forecast to Grow at 5.2% CAGR
The Airbag Electronics market in the U.S. is estimated at 71.0 Million Units in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of 55.2 Million Units by the year 2030 trailing a CAGR of 5.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.7% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
Global Airbag Electronics Market – Key Trends & Drivers Summarized
Why Are Airbag Electronics Essential for Vehicle Safety?
Airbag electronics play a crucial role in vehicle safety systems, controlling the deployment of airbags during a collision to protect passengers from injury. These electronic systems include sensors, control units, and actuators that work together to detect crash events and deploy the appropriate airbags within milliseconds. As automotive safety standards continue to evolve, airbag systems have become more sophisticated, with advanced electronics enabling features such as multi-stage deployment and integration with other safety technologies like seatbelt pre-tensioners and stability control systems. Airbag electronics are essential for ensuring that airbags function correctly and provide the necessary protection during an accident, making them a vital component in modern vehicles.
How Are Technological Advancements Enhancing Airbag Electronics?
Technological advancements are continuously improving the performance and reliability of airbag electronics. Modern airbag systems are equipped with advanced sensors that can detect the severity and direction of a crash, allowing for precise control over airbag deployment. Some systems use occupant detection sensors to adjust airbag deployment based on the size, position, and weight of the passenger, providing more personalized protection. Additionally, the integration of AI and machine learning algorithms is helping to improve crash detection accuracy, reducing the risk of false deployments and enhancing overall vehicle safety. These innovations are making airbag systems more intelligent and effective, contributing to the reduction of fatalities and injuries in road accidents.
What Role Do Regulatory Standards Play in the Development of Airbag Electronics?
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Airbag Electronics - Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
- 2. FOCUS ON SELECT PLAYERS
III. MARKET ANALYSIS
IV. COMPETITION
