PUBLISHER: TechSci Research | PRODUCT CODE: 1902082
PUBLISHER: TechSci Research | PRODUCT CODE: 1902082
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The Global Automotive Airbag Market will grow from USD 14.23 Billion in 2025 to USD 20.17 Billion by 2031 at a 5.99% CAGR. Automotive airbags are passive safety restraint systems designed to inflate rapidly upon collision, thereby cushioning occupants and minimizing the risk of severe injury. The market's growth is fundamentally supported by stringent government regulations mandating safety features, alongside a sustained rise in global vehicle production which necessitates higher volumes of original equipment components.
| Market Overview | |
|---|---|
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 14.23 Billion |
| Market Size 2031 | USD 20.17 Billion |
| CAGR 2026-2031 | 5.99% |
| Fastest Growing Segment | Front Airbag |
| Largest Market | North America |
Key Market Drivers
The implementation of stringent government safety regulations and mandates stands as a primary force propelling the global automotive airbag market. Governments worldwide are increasingly institutionalizing rigorous crash test standards to minimize road fatalities, compelling Original Equipment Manufacturers to integrate higher airbag counts, such as curtain and side-impact units, into standard vehicle configurations.
Key Market Challenges
Volatility within the global supply chain, particularly regarding the availability and cost of raw materials, stands as a substantial barrier to the progress of the automotive airbag market. Airbag manufacturing relies heavily on a consistent intake of industrial fabrics, inflator chemicals, and semiconductors. When the pricing of these essential inputs fluctuates unpredictably, manufacturers face increased production costs that cannot easily be transferred to automakers. This financial pressure erodes profit margins and forces companies to divert capital toward operational maintenance rather than capacity expansion, thereby limiting their ability to scale operations efficiently.
Key Market Trends
The development of far-side and center airbag systems is rapidly gaining traction as a critical measure to mitigate occupant-to-occupant collisions and injuries from side impacts. These systems are designed to deploy between the driver and front passenger, preventing direct contact during lateral crashes, which is increasingly vital for meeting evolving global safety standards. Manufacturers are leveraging advanced simulation technologies to refine these architectures for diverse seating positions.
In this report, the Global Automotive Airbag Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Automotive Airbag Market.
Global Automotive Airbag Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: