Automotive Airbag Market, By Product Type (Front Airbag, Knee Airbag, Side Airbag, Curtain Airbag, and Pedestrian Airbag), By Vehicle type (OEM and Aftermarket), By Sales Channel (Passenger Car and Commercial Vehicle), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2030

The automotive airbag market was valued at US$ 10.5 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 9.0% to reach US$ 24.55 billion by 2030.

One type of automobile safety equipment is the airbag. It is made up of an impact sensor, an inflation module, a flexible fabric cushion, and a flexible fabric bag that inflates in the event of a collision while a car is being driven. Automotive airbags are primarily designed to protect passengers in collisions by cushioning their bodies from hitting the dashboard, glass, or steering wheel. Automobiles may have several airbag modules installed in various configurations, including side curtains, inflatable seatbelts, driver, passenger, and passenger airbags, as well as seat-mounted side-impact and knee bolster sensors. Airbags are not included, and ABS cannot be put externally; the manufacturers should install it. Many cars include airbags that will still pop whether a passenger is buckled up or not belt. Without a seat belt, the driver will nearly immediately strike the windscreen, dashboard, or steering in a collision.