Report Overview
Global Automotive Safety Airbag Highlights
Automotive Safety Airbag Market Size:
The global automotive safety airbag market is expected to grow from USD 17.494 billion in 2025 to USD 23.596 billion in 2030, at a CAGR of 6.17%.
Automotive Safety Airbag Market Trends:
The rising number of road accidents worldwide is the major driver of the global automotive safety airbag market. According to the WHO (World Health Organization) latest data, around 1.3 million road accidents take place every year across the globe. In order to combat this growing number of deaths due to road accidents, governments across various countries are implementing stringent regulations and standards in order to minimize fatalities and reduce injuries due to accidents. For example, in 2017, the Indian government made it mandatory to fit at least one airbag in all passenger vehicles.
Thus, improved and stricter road safety standards, especially in developing countries, will continue to fuel the demand for different airbags, thus positively impacting the growth of the global automotive safety airbag market during the next five years. However, the high cost and low reliability of airbags offered by aftermarket airbag installations are currently hindering the overall growth of the global automotive safety airbag market.
Automotive Safety Airbag Market Segment Analysis:
- By Product Type
On the basis of product type, the global automotive safety airbag market is segmented into front airbags, side airbags, and others. The front airbag holds a major share in the market, as most models of automobiles that come with airbags have front airbags.
- By Vehicle Type
By vehicle type, the global automotive safety airbag market can be segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. The passenger car segment holds a significant share of the market due to increased demand and production of passenger vehicles. Commercial vehicles also hold a good amount of share in the market, which is projected to increase over the coming years.
- By End-User
By end-user, the global automotive safety airbag market can be segmented into OEMs and aftermarkets. OEMs hold a significant share of the market owing to the fact that most car companies sell cars with pre-installed airbags.
Automotive Safety Airbag Market Geographical Outlook:
Geographically, the global automotive safety airbag market is segmented into North America, Europe, the Middle East & Africa, Asia-Pacific, and South America. Asia Pacific is expected to grow at an impressive rate owing to high production as well as the sale of both passenger and commercial vehicles in the region.
Automotive Safety Airbag Market Competitive Landscape:
The global automotive safety airbag market is competitive owing to the presence of well-diversified international, regional, and local players. The competitive landscape details strategies, products, and investments being made by key players in different technologies and companies to boost their market presence. For instance, key automotive market players such as Tesla, Mercedes, and Ford have been constantly planning vehicle launches, with innovative and advanced airbag systems, as per the regulatory policies. Vehicle launches by automotive giants of models such as the BMW iX3, Mustang Mach E, and Audi E-Tron GT are some examples of luxury passenger vehicle launches that have provided lucrative expansion opportunities to the automotive airbags market, and also, the companies that operate in the aftermarket sales.
Automotive Safety Airbag Market Scope:
| Report Metric | Details |
|---|---|
| Total Market Size in 2026 | USD 17.494 billion |
| Total Market Size in 2031 | USD 23.596 billion |
| Growth Rate | 6.17% |
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Segmentation | Product Type, Vehicle Type, End-User, Geography |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies |
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Automotive Safety Airbag Market Segmentation:
- By Product Type
- Front Airbag
- Side Airbag
- Others
- By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- By End-User
- OEMs
- Aftermarket
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
- Thailand
- Taiwan
- Others
- North America