Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Research Reports > Automotive Airbag Market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031
    Research Reports

    Automotive Airbag Market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031

    Automotive Airbag Market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031

    Published by Uma Rajagopal

    Posted on January 10, 2022

    Featured image for article about Research Reports

     

    ESOMAR-certified consulting firm Future Market Insights’ report on global automotive airbag market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031. Growing usage of curtain airbags is increasing the demand for automotive airbags across the globe.

    Demand for automotive airbags is rising extensively in emerging economies as the consumers in these regions are becoming more aware for the vehicle safety. Burgeoning sales of passenger vehicles across the globe have also augmented the demand of automotive airbags.

    Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4345

    As per the FMI’s analysis, due to the outbreak of coronavirus, sales of automotive airbags declined by -8% in 2020. However, recovery in automotive industry and recommencement of automotive production & manufacturing companies across the globe have improved the market growth.

    Government increasing funding and initiatives towards the safety of vehicles have compelled the manufacturers to increase the usage of curtain airbags in all types of vehicles. Stringent regulations for the vehicle safety across the U.S., Germany, India and the U.K. is also expected to improve the adoption of automotive airbags over the coming years.

    According to the FMI’s analysis, the global automotive airbags market reached a valuation of US$ 18.5 Bn, registering the sales of 370 Mn automotive airbags units in 2021.

    Key Takeaways from FMI’s Automotive Airbag Market Study

    • By vehicle type, passenger cars will emerge as primary automotive airbag end-users, accounting for 77% market share.
    • In terms of sales channel, original equipment manufacturers segment is likely to emerge as the most lucrative segment
    • In terms of yarn type, Nylon-based airbags are the most preferred choice due to their better physical properties as compared to the polyester based airbags
    • Neoprene coated airbags will account for more than 70% of global market share during the forecast period
    • Japan and South Korea will collectively account for over 16% of global market share over the forecast period
    • Germany and the U.K. are anticipated to lead the Europe’s automotive airbag market, exhibiting the growth at 3.50% CAGR

    “Increasing adoption of passenger cars and inclusion customized curtain airbags in vehicles are broadening expansion prospects for the market players. Technological advancement and high investment in research & development activity for the development of advanced airbags safety systems will create lucrative opportunity for the growth of the market,” says the FMI analyst. 

    Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-4345 

    Competitive Landscape

    Autoliv Inc., Toyobo Co. Ltd., Takata Corp., Hyosung Co., Daicel Corp., Wacker Chemie AG, Denso Corp., Delphi, Hyundai Mobis Co. Ltd., Nihon Plast Co. Ltd., and Toyoda Gosei Co. Ltd are some prominent players operating in the automotive airbag market.

    As per the FMI’s analysis, the market is consolidated with top 5 players dominating the automotive airbag market, accounting for over 70% of market share. Top 5 players include, Autoliv, ZF, Toyoda Gosei, Joyson Safety Systems, and Nihon Plast.

    Automotive airbag Market by Category

    By Vehicle Type:

    • Passenger Car
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle

    By Product Type:

    • Driver Airbag
    • Passenger Airbag
    • Side Airbag
    • Curtain Airbag
    • Knee Airbag
    • Other Airbags

    By Coating Type:

    • Neoprene
    • Silicone
    • Non-Coated

    By Yarn Type:

    • Nylon
    • Polyester

    By Sales Channel:

    • Original Equipment Manufacturers (OEMs)
    • Aftermarkets

    By Region:

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • Asia Pacific excluding Japan
    • Japan
    • Middle East and Africa (MEA)

    Pre-Book Report @ https://www.futuremarketinsights.com/checkout/4345

    Key Points Covered in Automotive Airbag Market Study

    • Market estimates and forecast 2021-2031
    • Key drivers and restraints impacting market growth
    • Segment-wise, Country-wise, and Region-wise Analysis
    • Competition Mapping and Benchmarking
    • Brand share and Market Share Analysis
    • Key Product Innovations and Regulatory Climate
    • COVID-19 Impact on Automotive Airbag Market and How to Navigate
    • Recommendation on Key Winning Strategies

    Top Reports Related To Automotive Market Insights

    Automotive Pump Market : The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).

    Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

    Electric Bike Market : FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027).

    About FMI

    Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

    Contact

    Mr. Debashish Roy
    Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers, Dubai,
    United Arab Emirates
    MARKET ACCESS DMCC Initiative
    For Sales Enquiries: sales@futuremarketinsights.com
    For Media Enquiries: press@futuremarketinsights.com
    Website: https://www.futuremarketinsights.com
    Report: https://www.futuremarketinsights.com/reports/automotive-airbag-market
    Press Release Source: https://www.futuremarketinsights.com/press-release/automotive-airbag-market 

     

    ESOMAR-certified consulting firm Future Market Insights’ report on global automotive airbag market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031. Growing usage of curtain airbags is increasing the demand for automotive airbags across the globe.

    Demand for automotive airbags is rising extensively in emerging economies as the consumers in these regions are becoming more aware for the vehicle safety. Burgeoning sales of passenger vehicles across the globe have also augmented the demand of automotive airbags.

    Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4345

    As per the FMI’s analysis, due to the outbreak of coronavirus, sales of automotive airbags declined by -8% in 2020. However, recovery in automotive industry and recommencement of automotive production & manufacturing companies across the globe have improved the market growth.

    Government increasing funding and initiatives towards the safety of vehicles have compelled the manufacturers to increase the usage of curtain airbags in all types of vehicles. Stringent regulations for the vehicle safety across the U.S., Germany, India and the U.K. is also expected to improve the adoption of automotive airbags over the coming years.

    According to the FMI’s analysis, the global automotive airbags market reached a valuation of US$ 18.5 Bn, registering the sales of 370 Mn automotive airbags units in 2021.

    Key Takeaways from FMI’s Automotive Airbag Market Study

    • By vehicle type, passenger cars will emerge as primary automotive airbag end-users, accounting for 77% market share.
    • In terms of sales channel, original equipment manufacturers segment is likely to emerge as the most lucrative segment
    • In terms of yarn type, Nylon-based airbags are the most preferred choice due to their better physical properties as compared to the polyester based airbags
    • Neoprene coated airbags will account for more than 70% of global market share during the forecast period
    • Japan and South Korea will collectively account for over 16% of global market share over the forecast period
    • Germany and the U.K. are anticipated to lead the Europe’s automotive airbag market, exhibiting the growth at 3.50% CAGR

    “Increasing adoption of passenger cars and inclusion customized curtain airbags in vehicles are broadening expansion prospects for the market players. Technological advancement and high investment in research & development activity for the development of advanced airbags safety systems will create lucrative opportunity for the growth of the market,” says the FMI analyst. 

    Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-4345 

    Competitive Landscape

    Autoliv Inc., Toyobo Co. Ltd., Takata Corp., Hyosung Co., Daicel Corp., Wacker Chemie AG, Denso Corp., Delphi, Hyundai Mobis Co. Ltd., Nihon Plast Co. Ltd., and Toyoda Gosei Co. Ltd are some prominent players operating in the automotive airbag market.

    As per the FMI’s analysis, the market is consolidated with top 5 players dominating the automotive airbag market, accounting for over 70% of market share. Top 5 players include, Autoliv, ZF, Toyoda Gosei, Joyson Safety Systems, and Nihon Plast.

    Automotive airbag Market by Category

    By Vehicle Type:

    • Passenger Car
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle

    By Product Type:

    • Driver Airbag
    • Passenger Airbag
    • Side Airbag
    • Curtain Airbag
    • Knee Airbag
    • Other Airbags

    By Coating Type:

    • Neoprene
    • Silicone
    • Non-Coated

    By Yarn Type:

    • Nylon
    • Polyester

    By Sales Channel:

    • Original Equipment Manufacturers (OEMs)
    • Aftermarkets

    By Region:

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • Asia Pacific excluding Japan
    • Japan
    • Middle East and Africa (MEA)

    Pre-Book Report @ https://www.futuremarketinsights.com/checkout/4345

    Key Points Covered in Automotive Airbag Market Study

    • Market estimates and forecast 2021-2031
    • Key drivers and restraints impacting market growth
    • Segment-wise, Country-wise, and Region-wise Analysis
    • Competition Mapping and Benchmarking
    • Brand share and Market Share Analysis
    • Key Product Innovations and Regulatory Climate
    • COVID-19 Impact on Automotive Airbag Market and How to Navigate
    • Recommendation on Key Winning Strategies

    Top Reports Related To Automotive Market Insights

    Automotive Pump Market : The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).

    Aircraft Cabin Interior Market : According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.

    Electric Bike Market : FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027).

    About FMI

    Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

    Contact

    Mr. Debashish Roy
    Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers, Dubai,
    United Arab Emirates
    MARKET ACCESS DMCC Initiative
    For Sales Enquiries: sales@futuremarketinsights.com
    For Media Enquiries: press@futuremarketinsights.com
    Website: https://www.futuremarketinsights.com
    Report: https://www.futuremarketinsights.com/reports/automotive-airbag-market
    Press Release Source: https://www.futuremarketinsights.com/press-release/automotive-airbag-market 

    Related Posts
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Research Reports

    Explore more articles in the Research Reports category

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Modular Storage System  Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Modular Storage System Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    View All Research Reports Posts
    Previous Research Reports PostAutomotive Turbochargers Market will be valued at US$ 9.6 Bn in 2021, exhibiting robust growth at 8.8% CAGR between 2021 and 2031
    Next Research Reports PostAutomated People Mover Market that projects a healthy 5% CAGR for revenue growth of the market during 2019-2029