Airbag Systems Market Research Report By Airbag Type (Front Airbags, Side Airbags, Curtain Airbags, Knee Airbags, Other Airbags), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Motorcycles), By Deployment Mechanism (Mechanical, Pyrotechnic, Hybrid), By Sensor Type (Impact Sensors, Rollover Sensors, Side Impact Sensors, Seat Occupancy Sensors), By Inflation Type (Gas-Inflated, Hybrid-Inflated, Electrically-Inflated) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Af

Airbag Systems Market Overview

As per MRFR analysis, the Airbag Systems Market Size was estimated at 11.8 (USD Billion) in 2022. The Airbag Systems Market Industry is expected to grow from 12.2 (USD Billion) in 2023 to 35 (USD Billion) by 2032. The Airbag Systems Market CAGR (growth rate) is expected to be around 4.4% during the forecast period (2024 - 2032).

Key Airbag Systems Market Trends Highlighted

Key market drivers for airbag systems include the growing demand for enhanced vehicle safety, stringent government regulations mandating their installation, and rising consumer awareness about passenger protection. Opportunities for exploration lie in the development of advanced airbag technologies such as side curtain airbags, knee airbags, and pedestrian airbags.The recent trend in airbag systems is the integration of advanced sensors and electronic control units.
These technologies enable more precise and timely airbag deployment, reducing the risk of injuries during collisions. Additionally, the adoption of lightweight materials in airbag designs is increasing their efficiency and reducing vehicle weight.Airbag systems play a crucial role in occupant safety and are expected to continue evolving with the advancements in automotive technology. The integration of artificial intelligence and computer vision systems further enhances the capabilities of airbags, making them more adaptable and effective in preventing or mitigating the severity of accidents.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Airbag Systems Market Drivers

Increasing Stringency of Safety Regulations

Automobile safety regulations are becoming more and more severe in all countries worldwide, which creates a growing demand for airbag systems. On the one hand, new regulations require that the cars are being shipped with airbags already installed, and on the other hand, the regulations specify the exact performance with which the airbags should operate to be compliant with the law. Thus, car manufacturers have to equip their vehicles with airbags to meet the regulations’ requirements.For instance, the EU published a regulation that requires each new car and LCV vehicle to be sold on the market with airbags, among other regulations. This measure is expected to drive growth in the demand for EU airbag systems. In the USA, the National Highway Traffic Safety Administration has released an NPRM proposal, which should be quickly adopted as a rule. This rule will require that every new vehicle comes with both a driver-side and a passenger-side airbag.This is to say, demand for airbag systems in the US is expected to grow further.

Growing Popularity of Advanced Airbag Systems

The increasing stringency of safety regulations is not the only factor driving the demand for airbag systems. For instance, the growing popularity of advanced airbag systems is also boosting demand. Advanced airbag systems are designed to provide additional protection to vehicle occupants in the case of an accident, such as side airbags, curtain airbags, and knee airbags. According to Justin Garner, advanced airbag systems are becoming increasingly popular. For example, side airbags decrease the risk of a person dying in a side-impact crash by 37%.In fact, auto manufacturers are already rushing to equip more of their vehicles with advanced airbag systems to cater to consumer demand. This trend will persist over the next five years as more people become aware of the benefits of these systems.

Rising Demand for Luxury Vehicles

The rising demand for luxury vehicles is also driving the demand for airbag systems. Luxury vehicles are typically equipped with a wide range of safety features, including airbag systems. As the demand for luxury vehicles continues to grow, the demand for airbag systems is also expected to increase. For instance, a report by the International Monetary Fund (IMF) found that the  luxury vehicle market is expected to grow by 4.5% over the next five years.This growth is expected to be driven by the increasing demand for luxury vehicles in emerging markets, such as China and India. As a result, the demand for airbag systems is also expected to increase in these markets over the forecast period.

Airbag Systems Market Segment Insights

Airbag Systems Market Airbag Type Insights

The Airbag Systems Market is segmented into Front Airbags, Side Airbags, Curtain Airbags, Knee Airbags, and Other Airbags. Among these, Front Airbags held the largest market share in 2023, accounting for over 40% of the  Airbag Systems Market revenue. Front airbags are designed to protect the driver and front-seat passenger from frontal collisions. They are typically located on the dashboard and steering wheel. The increasing demand for enhanced safety features in vehicles is driving the growth of the front airbags market. Side Airbags are designed to protect occupants from side-impact collisions.
They are typically located in the doors or seats. The growing awareness of side-impact collisions and the increasing adoption of side airbags in mid and high-end vehicles are contributing to the growth of the side airbags market. Curtain Airbags are designed to protect occupants from rollovers and side-impact collisions. They are typically located along the vehicle's roofline. The increasing demand for improved rollover protection and the growing popularity of SUVs and crossovers are driving the growth of the curtain airbags market. Knee Airbags are designed to protect the driver's knees from injury in frontal collisions.
They are typically located under the dashboard. The increasing focus on driver safety and the growing adoption of knee airbags in luxury and high-end vehicles are contributing to the growth of the knee airbags market. Other Airbags include a variety of airbags, such as rear airbags, center airbags, and pedestrian airbags. The growth of the market is attributed to the increasing demand for enhanced safety features in vehicles, the growing awareness of airbag effectiveness, and the increasing adoption of airbags in emerging markets.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Airbag Systems Market Vehicle Type Insights

The  Airbag Systems Market segmentation by Vehicle Type includes Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Motorcycles. Passenger Cars held the largest market share in 2023, accounting for around 68.9% of the  Airbag Systems Market revenue. The increasing production and sales of passenger cars, particularly in emerging economies, drive this segment's growth. Additionally, stringent government regulations mandating the installation of airbags in new vehicles further contribute to market growth. Light Commercial Vehicles are projected to witness a significant growth rate during the forecast period due to rising demand for safety features in commercial vehicles.Heavy Commercial Vehicles are expected to have a moderate growth rate, driven by increasing infrastructure spending and the growing adoption of advanced safety systems in commercial vehicles. Motorcycles are anticipated to have the lowest market share, but they are expected to grow steadily due to increasing safety concerns among riders and government initiatives promoting motorcycle safety.

Airbag Systems Market Deployment Mechanism Insights

The  Airbag Systems Market is segmented by Deployment Mechanism into Mechanical, Pyrotechnic, and Hybrid. The Mechanical segment is expected to hold the largest market share in 2023, with a valuation of USD 15.87 billion. The Pyrotechnic segment is expected to grow at a CAGR of 4.5% from 2023 to 2032, followed by the Hybrid segment. The growth of the Mechanical segment can be attributed to its low cost and widespread adoption in passenger vehicles. The Pyrotechnic segment is expected to grow due to its ability to provide faster deployment times and higher inflation rates.The Hybrid segment is expected to grow due to its combination of the advantages of both Mechanical and Pyrotechnic systems.

Airbag Systems Market Sensor Type Insights

The  Airbag Systems Market is segmented into various types of sensors, including impact sensors, rollover sensors, side impact sensors, and seat occupancy sensors. Each sensor type plays a crucial role in the overall functionality of airbag systems. Impact sensors, the most common type, detect sudden changes in acceleration and trigger the deployment of airbags in the event of a frontal or rear-end collision. Rollover sensors monitor the vehicle's orientation and activate airbags if it senses an impending rollover. Side impact sensors detect impacts from the side of the vehicle, while seat occupancy sensors determine whether a seat is occupied and adjust airbag deployment accordingly.
The impact sensor segment accounted for the largest share of the  Airbag Systems Market revenue in 2023, and this trend is projected to continue over the forecast period. The increasing demand for advanced safety features and stringent government regulations mandating airbags in new vehicles are driving the growth of this segment. Rollover sensors are expected to witness significant market growth due to the rising popularity of SUVs and pickup trucks, which are more prone to rollovers. Side impact sensors and seat occupancy sensors are also gaining traction as consumers become more aware of the importance of occupant safety.

Airbag Systems Market Inflation Type Insights

The  Airbag Systems Market is segmented based on Inflation Type into Gas-Inflated, Hybrid-Inflated, and Electrically-Inflated. Gas-Inflated airbag systems are the most widely used type, accounting for over 80% of the  Airbag Systems Market revenue in 2023. These systems use a chemical reaction to generate gas to inflate the airbag. Hybrid-Inflated airbag systems use a combination of gas and electrically powered inflators, providing faster inflation times and improved occupant protection. Electrically-Inflated airbag systems use an electric current to inflate the airbag, offering the fastest inflation times and the most precise control over inflation pressure.The  Airbag Systems Market for Electrically-Inflated Airbag Systems is expected to grow at the highest CAGR during the forecast period, driven by increasing demand for advanced safety features and technological advancements.

Airbag Systems Market Regional Insights

The regional segmentation of the  Airbag Systems Market provides valuable insights into the market's geographical distribution and growth patterns. North America holds a significant market share, driven by the presence of major automotive manufacturers and stringent safety regulations. Europe follows closely, with a mature automotive industry and a growing focus on passenger safety. The Asia-Pacific (APAC) region is expected to witness substantial growth, primarily due to the increasing vehicle production and rising disposable incomes in emerging economies such as China and India.South America, the Middle East, and Africa (MEA) regions are anticipated to contribute a smaller share to the overall market, but they offer promising growth opportunities due to government initiatives to improve vehicle safety and the expansion of the automotive sector.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Airbag Systems Market Key Players And Competitive Insights

Major players in the Airbag Systems Market industry are constantly striving to gain a competitive edge by investing in research and development, forming strategic partnerships, and expanding their product portfolios. Leading Airbag Systems Market players are focusing on developing advanced airbag systems with enhanced safety features, such as multi-stage airbags, side airbags, and curtain airbags. They are also exploring new technologies, such as inflatable seat belts and airbag fabrics made from lightweight and durable materials.
These advancements aim to improve passenger safety and meet the stringent regulatory requirements for vehicle safety. The Airbag Systems Market industry is characterized by intense competition, with leading players constantly vying for market share.A leading company in the Airbag Systems Market is Autoliv Inc., a  supplier of automotive safety systems. The company offers a wide range of airbag systems, including frontal airbags, side airbags, and curtain airbags, as well as seat belts and other safety components. Its products are used by major automakers worldwide, and it is known for its innovative airbag designs and advanced safety features. The company is also expanding its presence in emerging markets, such as China and India, to capitalize on the growing demand for airbags in these regions.
A competitor company in the Airbag Systems Market is Takata Corporation, a Japanese manufacturer of automotive safety systems. Takata supplies airbags and other safety components to automakers around the world, including Toyota, Honda, and Ford. The company has faced challenges in recent years due to a series of airbag recalls, but it is working to regain its position in the market by investing in new technology and improving its quality control processes. Takata is also exploring new markets, such as the self-driving car segment, to expand its product offerings.

Key Companies in the Airbag Systems Market Include

• KSS


• SSW SpurGears GmbH


• Takata Corporation


• Denso Corporation


• ARC Automotive, Inc.


• ZF Friedrichshafen AG


• Toyoda Gosei Co., Ltd.


• Daicel Corporation


• Magna International Inc.


• Pacific Industrial Co., Ltd.


• Continental AG


• Autoliv, Inc.


• TRW Automotive Holdings Corp.


• THK CO., LTD.


• Hyundai Mobis

Airbag Systems Market Industry Developments

The  airbag systems market is projected to grow from USD 12.2 billion in 2023 to USD 35 billion by 2032, at a CAGR of 4.4% during the forecast period. The market is driven by increasing vehicle production, rising safety concerns, and stringent government regulations. Asia-Pacific is expected to be the largest market, followed by North America and Europe. Key players in the market include ZF Friedrichshafen AG, Autoliv Inc., Denso Corporation, Hyundai Mobis, and Toyota Boshoku Corporation. Recent news developments include the launch of new airbag systems with advanced features, such as side curtain airbags and knee airbags. Additionally, there is a growing trend towards autonomous vehicles, which is expected to drive the demand for airbag systems in the future.

Airbag Systems Market Segmentation Insights

Airbag Systems Market Airbag Type Outlook

• Front Airbags


• Side Airbags


• Curtain Airbags


• Knee Airbags


• Other Airbags

Airbag Systems Market Vehicle Type Outlook

• Passenger Cars


• Light Commercial Vehicles


• Heavy Commercial Vehicles


• Motorcycles

Airbag Systems Market Deployment Mechanism Outlook

• Mechanical


• Pyrotechnic


• Hybrid

Airbag Systems Market Sensor Type Outlook

• Impact Sensors


• Rollover Sensors


• Side Impact Sensors


• Seat Occupancy Sensors

Airbag Systems Market Inflation Type Outlook

• Gas-Inflated


• Hybrid-Inflated


• Electrically-Inflated

Airbag Systems Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa