Published by Infinity Business Insights
Posted on October 7, 2021
3 min readLast updated: January 30, 2026
The Automotive Airbag Market is projected to grow from USD 28.2 billion in 2021 to USD 40.4 billion by 2027, driven by data use and R&D.
Ain’t sure what opportunities this market holds? Then here we are to unfold the best of opportunities through our report. The rising Automotive Airbag Market has become a prominent future for business and expansion due to research and development in boosting the demand and supply of the . The IBI report focuses on the elements that aided in attaining this status. The research also detailed how the business aids other industries in emerging countries.
Automotive Airbag Market size is estimated to be USD 28.2 billion in 2021 and is projected to reach 40.4 billion by 2027, at a CAGR of 7.5% during the forecast period.
Top Key Players Profiled in This Report: Autoliv, ZF TRW, Key Safety Systems, Toyoda Gosei, Nihon Plast, Yanfeng Automotive Trim Systems, East JoyLong Motor Airbag, Hyundai Mobis, SandT Motiv, Joyson Safety Systems, Ashimori, Jinheng Automotive Safety Technology, Changzhou Changrui,
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During the forecast period, the worldwide Automotive Airbag Market is expected to expand its field of business to developing markets, increasing its value. The predicted expansion in developing markets such as South Asia. The market is performing exceptionally well in these developing markets in the . In terms of product and consumer base, Asia-Pacific is the most diverse market. Asia-Pacific will be one of the fastest-growingmarket due to its large population and diverse offerings. The market’s geographic location also provides a much-needed edge.
The report conveys the market insights of the Automotive Airbag Market This includes the trends and forecasts based on the various factors like how it performed in past years and how the policy will help in the growth of the sector. The data used in the reports indicate its true potential.
Automotive Airbag Market, By Segmentaion:
Market split by Type, can be divided into:
Frontal Airbags
Knee Airbags
Side & Curtain Airbags
Others
Market split by Application, can be divided into:
Passenger Car
Commercial Vehicle
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Following COVID-19, the Automotive Airbag Market industry has emphasised the necessity of emergency response methods and capacity building in the market. As a result of the public outcry in the aftermath of the epidemic, all aspects of the sector have been scrutinised, and procedures to manage and minimise risks and hazards have accelerated. The sector’s projection is questionable, and the pandemic has necessitated some commercial and public sector actions. While the only objective is to improve and build infrastructure as well as people’s lives. However, the market projection calls for more than what the current situation demands for in order for the sector to have a brighter future.
FAQs
1) What was the size of the market; what are the expected growth trends and market forecasts?
2) What is the Market’s CAGR for the forecast period (2021-2027)?
3) In 2021, which segments were the most appealing for investment?
4) How do you think these sectors will grow over the next few years?
5) In 2021, which players in the industry were the Automotive Airbag Market leaders?
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The article focuses on the growth and forecast of the Automotive Airbag Market from 2021 to 2027.
How is the Automotive Airbag Market expected to grow in developing regions?
Who are the key players in the Automotive Airbag Market?
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