[Start of Market Research Report Handling] Global Airbag Market Report 2025-2030

The market size of the airbag market in 2023 is projected to be $30.27 billion, and it is expected to reach $32.48 billion in 2024, growing at a CAGR of 7.13%, with forecasts suggesting it will reach $49.05 billion by 2030.
Airbags are safety devices designed to inflate rapidly during a vehicle collision, playing a crucial role in enhancing occupant safety by reducing injuries related to impacts. The scope of this market is vast, covering various vehicle segments including passenger cars, commercial vehicles, and the rapidly growing electric vehicle market. The necessity of airbags is underscored by stringent automotive safety regulations worldwide, which mandate their deployment in vehicles. Applications include front, side, curtain, knee, and pedestrian airbags, each serving specific safety functions. With safety being the top priority for both manufacturers and consumers, the airbag market finds end uses not only in private vehicles but also in government military vehicles and public transportation.
■ Issued by 360iResearch

Inquiry about this news
Contact Us OnlineMore Details & Registration
Details & Registration