Airbag Market

By Product;

Front Airbag, Knee Airbag, Side Airbag, and Curtain Airbag

By Module;

Inflator Or Gas Generator and Air Bag

By Material;

Polyester Fiber, Nylon, and Others

By Sales Channel;

OEM and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn193302013 Published Date: August, 2025 Updated Date: September, 2025

Airbag Market Overview

Airbag Market (USD Million)

Airbag Market was valued at USD 34,250.24 million in the year 2024. The size of this market is expected to increase to USD 52,183.75 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Airbag Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 34,250.24 Million
Market Size (2031)USD 52,183.75 Million
Market ConcentrationMedium
Report Pages338
34,250.24
2024
52,183.75
2031

Major Players

  • Autoliv
  • Delphi Automotive
  • Takata Corporation
  • TRW Automotive
  • Robert Bosch GmbH
  • Denso Corporation
  • Toyoda Gosei Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Airbag Market

Fragmented - Highly competitive market without dominant players


The Airbag Market is witnessing strong growth driven by the rising importance of passenger protection technologies. Data shows that airbags lower driver fatalities in frontal collisions by about 30%, underscoring their life-saving potential. With safety regulations becoming stricter and awareness among buyers increasing, airbags are now a standard feature in most modern vehicles.

Expansion of Smart Deployment Systems
The adoption of multi-stage airbag systems and smart deployment mechanisms is gaining momentum as automakers deploy advanced electronics to enhance crash protection. Currently, around 45% of new vehicles include advanced deployment systems, ensuring airbags inflate at optimal levels depending on impact intensity and passenger position. This shift is transforming automotive safety standards across the industry.

Dominance in Passenger Car Installations
Passenger vehicles remain the largest segment for airbag use, with nearly 70% of passenger cars integrating multiple airbag systems. Stricter crash test standards and rising customer preference for safety have accelerated this adoption. Manufacturers are increasingly investing in innovative airbag designs to align with regulatory demands and enhance vehicle reliability.

Innovations in Airbag Technology
Technological progress has led to the introduction of side-impact airbags and curtain airbags, now present in about 55% of modern vehicles. These solutions not only provide frontal protection but also safeguard passengers during side collisions and rollovers. Enhanced inflator mechanisms and sensor technologies are making airbags more effective than ever.

Future Growth Through Safety Integration
The market continues to expand as over 60% of manufacturers channel investments into next-generation airbags integrated with advanced driver assistance systems (ADAS). This integration strengthens overall vehicle safety, offering smarter and more responsive solutions. With sustained innovation in automotive safety and evolving safety integration requirements, the airbag sector is positioned for long-term expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Module
    3. Market Snapshot, By Material
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Region
  4. Airbag Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Mandates
        2. Increasing Focus on Vehicle Safety
        3. Rising Incidence of Road Accidents
        4. Consumer Demand for Enhanced Safety Features
      2. Restraints
        1. Cost Constraints
        2. Weight and Space Limitations
        3. Complexity and Reliability Concerns
        4. Deployment Injuries and Liability Risks
      3. Opportunities
        1. Advancements in Sensor Technology
        2. Development of Smart Airbag Systems
        3. Expansion into Emerging Markets
        4. Integration with Autonomous Vehicles
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Airbag Market, By Product, 2021 - 2031 (USD Million)
      1. Front Airbag
      2. Knee Airbag
      3. Side Airbag
      4. Curtain Airbag
    2. Airbag Market, By Module, 2021 - 2031 (USD Million)
      1. Inflator Or Gas Generator
      2. Air Bag
    3. Airbag Market, By Material, 2021 - 2031 (USD Million)
      1. Polyester Fiber
      2. Nylon
      3. Others
    4. Airbag Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    5. Airbag Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Autoliv
      2. Delphi Automotive
      3. Takata Corporation
      4. TRW Automotive
      5. Robert Bosch GmbH
      6. Denso Corporation
      7. Toyoda Gosei Corporation
  7. Analyst Views
  8. Future Outlook of the Market