Global Automotive Curtain Airbags Market

Automotive Curtain Airbags Market Size, Share, Growth Analysis, By Application(Torso curtain airbags, Head curtain airbags), By End-user(OEM and Aftermarket), By Vehicle(Hatchback, Sedan), By Type(Frontal airbag, Side airbag) - Industry Forecast 2024-2031

Report ID: SQMIG45A2213 | Region: Global | Published Date: February, 2024
Pages: 197 | Tables: 120 | Figures: 71

Automotive Curtain Airbags Market Insights

Global Automotive Curtain Airbags Market size was valued at USD 14.17 billion in 2021 and is poised to grow from USD 15.01 billion in 2022 to USD 23.26 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030).

The rising incidence of road accidents has prompted Original Equipment Manufacturers (OEMs) to mandate airbag installations in vehicles as a safety measure. Alongside this, an upsurge in public awareness regarding vehicular safety and continual technological advancements are anticipated to drive a surge in demand for curtain airbags across the forecast period.

As consumers become more conscious of safety features in vehicles and as technology progresses, there's an increasing expectation and necessity for enhanced safety measures within automobiles. This heightened awareness and the ongoing advancements in automotive safety technologies are likely to fuel the demand for curtain airbags, which serve as a crucial safety component, aiming to provide additional protection to occupants in the event of a collision or accident.

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Automotive Curtain Airbags Market size was valued at USD 14.17 billion in 2021 and is poised to grow from USD 15.01 billion in 2022 to USD 23.26 billion by 2030, growing at a CAGR of 5.9% in the forecast period (2023-2030).

The competitive environment of the Automotive Curtain Airbags market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'ZF Friedrichshafen (Germany)', 'GWR Safety Systems (US)', 'Infineon Technologies (Germany)', 'Autoliv (Sweden)', 'Joyson Safety Systems (US)', 'Robert Bosch (Germany)', 'Continental (Germany)', 'Toshiba Device Corporation (Japan)', 'Aptiv (Ireland)', 'Denso (Japan)', 'Tokai Rika (Japan)', 'Hyundai Mobis (South Korea)', 'Toyoda Gosei (Japan)', 'Ashimori Industry (Japan)'

Curtain airbags are strategically positioned along the front and rear pillars as well as the roof sides within vehicles. They are designed to deploy simultaneously with side airbags, providing vital protection to the heads of drivers or passengers and mitigating potential injuries in the event of a side collision. Predominantly, these airbags have found widespread deployment in SUVs and vans, prioritizing the safety of occupants in these vehicle types. However, with the continuous elevation of safety standards across all vehicle categories, there is an anticipated surge in the adoption of curtain airbags. This trend is expected to transcend from SUVs and vans to encompass a broader spectrum of vehicles, ranging from mini-cars to heavy-duty trucks.

The automotive sector has undergone substantial disruptions over the past decade, witnessing advancements in autonomous driving, connected vehicles, alternative fuel technologies, and the integration of blockchain. Throughout this evolution, passenger safety has remained a paramount concern within the industry, leading some nations to enforce stringent governmental regulations mandating the installation of airbags, specifically on both the driver and passenger sides. These industry trends have notably contributed to a heightened demand for curtain airbags, which serve as specialized side airbags designed to safeguard occupants' heads in the event of a vehicular accident. This emphasis on safety measures reflects the industry's commitment to enhancing passenger protection amidst the evolving landscape of automotive innovations and technological advancements.

North America asserts dominance within the automotive curtain airbags market, primarily driven by the increased adoption of airbags and continuous advancements in airbag design and technology. The region's prominence is further strengthened by the substantial presence of trade markets and a robust network of automotive distributors. These factors collectively contribute to North America's leadership position, showcasing a strong inclination towards embracing advanced safety technologies in vehicular design and reinforcing the significance of safety measures within the automotive industry.

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Global Automotive Curtain Airbags Market

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