Global Automotive Airbag Market 2024-2030

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    In automobile sector the safety of the passengers and the pedestrians should be top priority. With the increase in number of vehicles on road there has been direct influence on the increasing road accidents globally. Auto manufacturers have been focusing on enhancing the overall safety of passengers and drivers. Airbags play a crucial role in bringing down the fatality rate involved in road accidents. 


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    • Driver Airbags
    • Front Passenger Airbags
    • Side Airbags
    • Side Curtain Airbags
    • Knee Airbags
    • Pedestrian Airbags



    • Toyota
    • GM
    • Ford
    • Mercedes
    • BMW
    • Hyundai



    • US
    • Europe
    • Japan
    • China
    • ROW




    SI No Timeline Developments
    1 Q4-2021 The Indian government announced 6 airbags mandatory for all the private vehicles priced above INR 10 lakhs, to improve vehicle crash safety standards. The lower segment vehicles are made dual airbags rule and the deadline given for the automobile manufacturers to implement existing vehicles by dual airbags within the end of the year.
    2 Q4-2021 Autoliv is partnered with one of the leading manufacturers of scooters and motorcycles, Piaggio to develop airbag systems for two wheelers for greater rider safety.
    3 Q3-2021 Automotive components, safety systems producer Toyoda Gousei developed a driver side airbag with a new structure. The new airbag uses an innovative donut shaped structure to cradle and hold the head, to reduce rotation to protect the occupant.


    Safety key prospect in auto manufacturing has resulted in rapid growth in the airbag industry. Most of the US, Europe passenger vehicles are equipped with standard 6 airbags.


    With the regulatory mandate in India where airbags are made mandatory, airbag market is expected to grow substantially.


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    As of 2020, frontal airbags segment occupied the largest market contributing more than 47% of the total market share, while curtain airbags and knee airbags seeing a fast growing.



    In 1970s auto makers like GM and Ford started incorporating airbags in their passenger vehicles. However due to inferior technology it was not made compulsory. With the advancement in technology and in 1998 new road safety came into effect, where it mentioned to have a mandatory airbags on both the sides of the front seats.


    Ever since, there has been continuous improvement in technology being used. Any passenger car nowadays comes with standard 6 airbags. The pedestrian airbag is also gaining attention, top selling cars like Chevrolet Silverado is equipped with pedestrian airbag as well. 


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    Inflatable seat belts launched by Ford, has pioneered at protection of occupants in the rear seat. It is aimed at reducing the pressure on the chest and help control head and neck motion. Several Ford, Lincoln and Mercedes S class vehicles provide this as optional equipment. 


    To know more about Automotive Airbags Market in US, read our report



    Frontal airbags are voluntarily fitted by auto makers. All top selling passenger vehicles comes in with standard 6 airbags. Autoliv from Sweden and ZF group from Germany are the leading airbag designers and developers.



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    All of the top selling passenger vehicles Toyota Prius, Toyota Siena and Nissan Note come with standard 6 airbags. Toyoda Gousei is one of the top SRS (Supplemental Restraint System) manufacturers in the world.



    • Autoliv has reported that its annual sales declined organically by 12%. It’s adjusted operating profit declined substantially and adjusted operating margin declined from 9.1% to 6.5% 
    • ZF Friedrichshafen in 2020 suffered a drop of 11% in company’s overall revenue from €36.5B to €32.6B
    • Sales revenue of Daicel Corporation in 2020 was down by 4.7% to $ 3.5B 



    • Rane TRW Steering Systems, a JV of the Rane Group and German ZF Group has opened a new facility for occupant safety products at Trichy, Tamil Nadu.

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    • Autoliv Inc leader in vehicle safety system has completed first unique crash test where, e-scooter airbag concept was tested. This is expected to reduce the head and chest injury to the e-scooter rider.
    • Autoliv and Hyundai Motor Group have developed a new center side airbag, in between the 2 passenger seats in the front row. This is installed in order to prevent bumping of 2 passengers inside the vehicle upon side impact.
    • ZF has released a new external airbag technology where the vehicles would deploy the airbag detecting the incoming vehicle and avoid side-on collision. This is possible with the help of various sensors, cameras, lidar and the algorithm within the system software.
    • Hyundai Motor Group has developed a new multi-collision airbag system. In case of multi collisions, if the airbags are already deployed, this technology helps to deploy airbags again by recalibrating the collision intensity.
    • Honda and Autoliv have developed a new front airbag design for passenger vehicles where in, it protects the occupant’s frontal collision scenarios including angled crashes.
    • Autoliv has showcased a new airbag and seating systems for passenger cars. This system is basically concerned with the self driven cars as the auto industry is shifted towards autonomous driving.
    • Among 2 wheeler vehicles, though Honda has developed a concept of airbag for motorcycles, it is yet to come on road. However, Daises and Halite have launched the jackets which would inflate upon collision. These vests are used in Moto GP races.
    • TRW Automotive Holdings Corp. has unveiled two airbags, one mounted in the roof, and one in the back of the front seat, that could protect rear-seat passengers during a frontal collision.
    • The Citroen C4 Cactus is equipped with a new roof-mounted passenger airbag technology. It will allow improved interior design aesthetics, ergonomics and functionality, as the instrument panel does not need to be designed around the conventional passenger airbag.
    • Bosch demonstrated microchip that helps prevent the risk of electric shock after an accident. It also integrates airbag system IC, airbag sensor that detects the impact – measuring not more than 10 millimeters and weighing just a few grams – trigger the profuse. By cutting off the flow of current, the risk of electric shock or fire is reduced.
    • The new airbag will be available in the new 2021 Acura TLX. A three-chambered unit that deploys to cradle the head of the passenger seat occupant. The head -cradle design is intended to reduce brain injury in major accidents.
    • Noro introduces a self-driving delivery van with exterior airbags. The third-generation truck has double the cargo capacity of its predecessor and new temperature-controlled compartments. The new R3 model is powered entirely by renewable energy, and the California-based company has promised to publish a sustainability report detailing its efforts.
    • External airbags for pedestrians outside the vehicle and a multi-modal sensing suite comprising of lidar sensors, cameras, and radar to detail its surroundings are also included in the delivery truck’s safety measures. BYD North America will produce the new Nuro model as part of a supplier relationship.
    • Ferguson describes the new production location as “ground-breaking” and “one of the industry’s first end-of-line manufacturing facilities in America.” It also includes a closed-course test track.



    Market leaders have been continuously working towards better quality airbags and reduce the road accidents. It is estimated that road accidents cause about 1.25 million fatalities in a year globally. 


    In India, the mandatory regulation was announced in July 2019. According to this all new cars must be equipped with driver side airbag. Although the mandate passed is late compared to other regions, this will boost the airbag market in India.


    With the increased safety regulations and increased number of standard airbags in a passenger car will increase airbag market considerably.



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    High energy released when airbags are deployed often cause injuries to passengers. Kids in front seats are prone to airbag injury than adults in the front seat. As the front seat airbag deploy with very high energy.


    About 42 million cars across USA were recalled by different auto manufacturers as the airbags manufactured by Takata Corporation were found to be faulty and caused fatalities in USA. The reason was there was explosion when these airbags deployed and inflators without drying agent caused its rupture, sending shrapnel to vehicle interior.


    The Global Automotive Airbag Market was valued at $XX B in 2023 and will reach $ XXB million by the end of 2030, growing at a CAGR of XX% during 2024-2030.




    SI No Timeline Company Developments
    1 Q4-2021 Continental Continental Automotive India produces 1 million airbag control units(ACUs) in a year, due to increased demand in the market the company maximized its capacity by adding more assembly lines.
    2 Q1-2021 Toyobo Japanese company Toyobo partnered with Bangkok based Indorama Polyester Industries PCL (IPI) with a joint venture agreement to set up a new plant for the airbag yarns production at Thailand and start operations in the first quarter of 2022.
    3 Q1-2021 Autoliv Automotive safety systems supplier Autoliv to set up airbag inflator manufacturing plant at Chennai, India to fulfill the customer requirements on a global level.



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    SI No Timeline Company Developments
    1 Q4-2021 Autoliv World’s leading automotive safety systems supplier Autoliv third quarter sales revenue of $1.85 billion with 2.3% reduced revenue within the same quarter of 2020.
    2 Q4-2021 Toyoda Gousei The Japan based company Toyoda Gousei developed various types of airbags, and also introduced a pedestrian protection airbag to protect the pedestrian’s head. These airbags are used in Subaru Legacy Outback models in Japan.
    3 Q3-2021 Toyoda Gousei Toyoda Gousei’s new driver side airbags are used in Honda Civic launched in North America June 2021.


    ZF and Autoliv are the leading airbag designers and manufacturers in the global market. They hold the major share in the market. Japanese company Toyoda Gousei and Jayson Safety Systems from US are the other airbag manufacturers. Some of the companies supplying integral components of an airbag system are:

    Manufacturer Components Country 
    Denso Airbag ECU Japan
    Daicel Corporation Inflators Japan
    Kolom Industries Cushions and Fabrics South Korea
    Nihon Plats Co Airbag Modules Japan




    1. Autoliv
    2. ZF Group
    3. Toyoda Gosei
    4. Joyson Safety Systems
    5. Daicel Corporations
    6. Denso
    7. Kolon Industries
    8. Nihon Plast Co




    1. Automotive Airbag Market size and Forecast, by OEM 2020-2025
    2. Average B-2-B price by region
    3. Installation and Growth rate of fast growing segments like Knee airbags and curtain airbags
    4. OE-supplier alignment and Market share of leading vendors
    5. Growth strategy followed by major vendors 
    6. COVID-19 impact on Global Automotive airbags market
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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