AIRBAG ELECTRONICS MARKET

KEY FINDINGS

• The global airbag electronics market is expected to experience steady growth driven by increasing vehicle production and stringent safety regulations.
• The Asia-Pacific region, particularly countries like China and India, is expected to witness significant growth in the airbag electronics market due to increasing vehicle production and a focus on improving vehicle safety standards.
• Whereas Europe and the US are driving the market in terms of developing new advanced electronics for Airbag systems, which increase safety hence increasing the penetration in the market.
• Advancements in airbag technology, such as the integration of multiple airbags and advanced sensors, are fueling the demand for more sophisticated airbag electronics.
• Various manufacturers are focusing on developing cost-effective and lightweight airbag electronics solutions to meet the demands of automakers and consumers.
• The aftermarket segment for airbag electronics is expected to grow as the need for replacement and repair services increases with the aging vehicle population.
• One of the major driving factors is that consumers are becoming more aware of vehicle safety features, leading to higher demand for vehicles equipped with advanced airbag systems and electronics.
• The shift towards electric and autonomous vehicles has introduced new challenges and opportunities for airbag electronics manufacturers, which will drive innovation in the market.
• Big players like Ford have filed patents specifically designed for autonomous vehicles like overhead and knee airbags with swiveling seats, hence impacting the airbag electronics market
• The incorporation of advanced driver assistance systems (ADAS) and collision avoidance technologies is creating a need for more sophisticated airbag electronics.

AIRBAG ELECTRONICS MARKET OVERVIEW

The number of bags per vehicle has increased significantly, and today, cars with more than 10 airbags can be found. With the increasing number of airbags, the number of sensors also increased. Today it is common to have at least 3 mono axial acceleration sensors in the periphery of the car body and one bi-axial acceleration sensor in the ECU. To improve the performance and reaction time of the system, pressure sensors are also used to sense side impacts.

The interpretation of a pressure sensor signal is quicker than the signal of an accelerometer, but the mounting location of the pressure sensor is inside the door. Side impacts that don´t deform the door need acceleration sensors to be detected.

The market is driven by the increasing emphasis on vehicle safety, stringent regulations mandating the installation of airbags, and the growing demand for advanced safety features in vehicles. The market is also influenced by factors such as the global automotive production levels, technological advancements, and the adoption of advanced driver assistance systems (ADAS) and autonomous driving technologies.

AIRBAG ELECTRONICS MARKET INTRODUCTION

Airbag electronic systems measure various sensor signals and control several different actuators in an effort to prevent passenger injuries in case of accidents. This paper describes the electronics needed in such an application (acceleration sensors, bus interfaces, uC, power supply, squib drivers, etc.) and the development of airbag systems as well as their increase of complexity over time.

Acceleration information is delivered via PAS, PSI5, or DSI busses by high-g acceleration sensors installed on vehicle corners and pressure sensors installed inside the doors. 

This information is validated by the microcontroller vs. centrally located inertial sensors. Precisely sampled acceleration values are used to identify a crash situation, in which case the firing circuit is enabled and a firing signal is sent to deploy the airbags.

Building blocks like voltage regulators/power supplies and squib drivers have to provide the energy at the right time to ignite the airbag balloons mounted in the front and sides of the vehicle and tighten seat belts. Over time, new features have been added to the system – including rollover protection with airbag curtains, rear crash protection (whiplash prevention), and superior advanced crash detection algorithms to fire multi-stage airbags. All this functionality needs to be addressed by effective, safe, reliable, and cost-effective electronics.

AIRBAG ELECTRONICS MARKET SIZE AND FORECAST

The Global airbag electronics market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

AIRBAG ELECTRONICS MARKET NEW PRODUCT DEVELOPMENT

• Hyundai Mobis pioneers car safety with extensive R&D, unveiled innovations like Brain Injury Prevention Airbag which has scored perfectly in US Oblique crash tests. The company launched Face-to-face Protection Airbags, Curtain Airbags, and Omnidirectional Airbags for PBVs, delivering proprietary components for enhanced occupant protection and future mobility solutions. The Brain Injury Prevention Airbag’s success in government’s New Technology Commercialization Competition showcases Hyundai Mobis’s commitment to cutting-edge airbag electronics development.
• Autoliv introduced its first motorcycle “bag-on-bike” airbag and will begin production in Q1 2025. The Autoliv bag-on-bike airbag system will include an airbag and an optional in-house-developed electronic crash sensor to complete the system.
• Bosch announced a new generation of high-g acceleration sensors. The SMA7xy sensor family improves safety for car drivers and passengers. When the acceleration sensors detect a collision, the passive safety systems such as airbags can now be deployed earlier, and the restraining effect can be precisely set for the given accident scenario.
  
• In this way, the consequences of accidents can be further mitigated. The new SMA7xy family comprises of multiple sensors for airbag systems based on Bosch’s market-leading MEMS technology.

AIRBAG ELECTRONICS MARKET SEGMENTATION

By Geography

• US
• Europe
• China
• Asia Ex China
• ROW

By Vehicle type

• Passenger vehicle 
• Commercial vehicle

By Airbag Type

• Front
• Curtain
• Knee
• Other

By Vehicle segment

• Entry level
• Mid-range
• Premium

AIRBAG ELECTRONICS MARKET COMPANY PROFILE

• Ashimori Industry Co., Ltd.
• Autoliv, Inc.
• Denso Corporation
• Hyundai Mobis Co., Ltd.
• Joyson Safety Systems
• Nihon Plast Co., Ltd.
• Ningbo Joyson Electronic Corp.
• Takata Corporation
• Toyoda Gosei Co., Ltd.
• ZF Friedrichshafen AG

AIRBAG ELECTRONICS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per global airbag electronics market right now and how will it change in the next 5-6 years?
2. How many global airbag electronics components are manufactured per annum globally? Who are the sub-component suppliers in different regions?
3. What is happening in the overall public, globally?
4. Cost breakup of a airbag electronics
5. Where is the airbag electronics manufactured? What is the average margin per component?
6. Market share of global airbag electronics manufacturers and their upcoming products
7. The Major development in airbag electronics market
8. Details on network of major global airbag electronics industry and pricing plans
9. Cost advantage for OEMs who manufacture airbag electronics in-house
10. 5 key predictions for next 5 years in global airbag electronics industry
11. Average B-2-B global airbag electronics by each segments
12. Latest trends in global airbag electronics market
13. The market size (both volume and value) of the global airbag electronics market in 2024-2030 and every year in between?