Airbag Market

An airbag is a vehicle occupant-restraint system using a bag designed to inflate extremely quickly, then quickly deflate during a collision. It consists of the airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. The purpose of the airbag is to provide a vehicle occupant a soft cushioning and restraint during a crash event. It can reduce injuries between the flailing occupant and the interior of the vehicle.

The airbag provides an energy-absorbing surface between the vehicle's occupants and a steering wheel, instrument panel, body pillar, headliner, and windshield. Modern vehicles may contain multiple airbag modules in various configurations, including, driver, passenger, side-curtain, seat-mounted side-impact, knee bolster, inflatable seat belt, front right- and left-side sensor, and pedestrian airbag modules.

Airbag Market contains market size and forecasts of Airbag in global, including the following market information:

Global Airbag Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Airbag Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Airbag companies in 2021 (%)

The global Airbag market was valued at 12700 million in 2021 and is projected to reach US$ 14310 million by 2028, at a CAGR of 1.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Frontal Airbags Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Airbag include Autoliv, Joyson Safety Systems, ZF-TRW, Toyota Gosei, Hyundai Mobis, Nihon Plast, Ashimori and Jin Heng, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Airbag manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Airbag Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Airbag Market Segment Percentages, by Type, 2021 (%)

Frontal Airbags

Side Airbags

Curtain Airbags

Knee Airbags

Others

Global Airbag Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Airbag Market Segment Percentages, by Application, 2021 (%)

Sedan

SUV

Pickup Truck

Others

Global Airbag Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Airbag Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Airbag revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Airbag revenues share in global market, 2021 (%)

Key companies Airbag sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Airbag sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Autoliv

Joyson Safety Systems

ZF-TRW

Toyota Gosei

Hyundai Mobis

Nihon Plast

Ashimori

Jin Heng