Industry: Automotive
Published Date: September-2024
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 164
Report ID: PMRREP34800
The automotive curtain airbags market is estimated to increase from US$4.43 Bn in 2024 to US$7.07 Bn by 2031. The market is projected to record a CAGR of 6.9% during the forecast period from 2024 to 2031. The increasing demand for advanced safety features owing to the rising awareness about road safety and accident prevention caters to the market heightened demand globally.
Key Highlights of the Market
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Market Attributes |
Key Insights |
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Automotive Curtain Airbags Market Size (2024E) |
US$4.43 Bn |
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Projected Market Value (2031F) |
US$7.07 Bn |
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Global Market Growth Rate (CAGR 2024 to 2031) |
6.9% |
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Historical Market Growth Rate (CAGR 2019 to 2023) |
5.8% |
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Region |
Market Share in 2023 |
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Asia Pacific |
48% |
Asia Pacific market held 48% of the market share in 2023. The demand for automobile curtain airbags is experiencing heightened usage in emerging economies. Increasing awareness of passenger and vehicle safety and rising disposable incomes are propelling the demand for automobiles with enhanced safety features in Asia Pacific.
Asia Pacific is the notably growing market for automobile curtain airbags offering significant opportunities for market growth. The increasing disposable wealth of consumers in emerging economies like China and India has fostered a preference for luxury vehicles including curtain airbags.
The significant adoption of passive safety technologies, such as curtain airbags, along with the swift advancement of the automobile sector, substantially enhances market growth in China.
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Category |
Market Share in 2023 |
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Type - Head Curtain Airbags |
52% |
Based on type, the automotive curtain airbags market classified into torso curtain airbags, head curtain airbags, and combo curtain airbags. Among these, head curtain airbags segment dominates the market.
Head curtain airbags deploy from the roof rails along the vehicle's sides to safeguard occupants' heads and upper bodies during side collisions and rollovers. It mitigates the risk of severe cranial injuries, including skull fractures and traumatic brain damage. The increasing demand for a safer, more convenient, and more efficient driving experience is expected to propel the market for head curtain airbags.
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Category |
Market Share in 2023 |
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Vehicle Type - Passenger Cars |
62% |
Based on vehicle type, the automotive curtain airbags market is divided into passenger cars and commercial cars. Among these, passenger cars segment dominates the market. The increasing prevalence of curtain airbags can be ascribed to multiple factors. These factors include the surging demand for passenger vehicles, heightened consumer interest in automotive safety, and the burgeoning market for hybrid and electric vehicles.
Customers are becoming more cognizant of the benefits of airbags and are progressively inclined to invest in them. The increase in curtain airbags is propelled by the rise in passenger electric vehicles and developments in autonomous vehicle technologies.
Automotive curtain airbags are safety devices integrated into the doors of certain automobiles to improve occupant protection during side-impact collisions. The market's expansion is mostly ascribed to the rising demand for airbags in passenger vehicles.
Rigorous government rules regarding the adoption of airbags in passenger and commercial vehicles are expected to stimulate demand for airbags throughout the projected period. Automotive curtain airbags have substantial advantages in improving passenger safety during side-impact collisions and rollovers.
By inflating from the roof region above the windows, these airbags establish a protective barrier that mitigates the impact on occupants' heads and upper bodies. These offer extensive protection for both front and rear-seat occupants rendering them a crucial safety component in contemporary automobiles.
Curtain airbags enhance safety ratings, which is a significant consideration for buyers in car selection. The rising implementation of automotive curtain airbags in automobiles due to the aforementioned advantages is anticipated to enhance market growth from 2024 to 2031.The heightened emphasis on car safety requirements is propelling the demand for sophisticated safety equipment, such as automobile curtain airbags.
Consumers increasingly prioritize safety, resulting in a heightened need for extensive occupant protection in automobiles. Global regulatory authorities are implementing more stringent safety requirements, requiring the incorporation of side and curtain airbags in new vehicle models. Automakers emphasize incorporating curtain airbags to improve car safety ratings and satisfy consumer demands.
The automotive curtain airbags market experienced steady growth pre-2023 driven by increasing consumer awareness about vehicle safety and stringent government regulations on passenger protection. Rising concerns over road fatalities and automakers' growing adoption of advanced safety technologies contributed significantly to market expansion.
Curtain airbags, which offer protection during side collisions and rollovers became a standard safety feature in many mid-range and premium vehicles. Developed regions like North America and Europe were dominant supported by safety mandates such as the European New Car Assessment Programme (Euro NCAP) and the U.S National Highway Traffic Safety Administration (NHTSA).
Post-2024, the automotive curtain airbags market is expected to witness accelerated growth, fueled by advancements in airbag technology and increasing vehicle production particularly in emerging markets such as Asia Pacific and Latin America.
The growing adoption of electric and autonomous vehicles will likely to boost demand for advanced safety systems including curtain airbags as manufacturers prioritize enhanced passenger protection. Evolving safety standards and increased focus on protecting both front and rear-seat passengers will drive market demand.
Integrating smart airbags equipped with sensors for precise deployment during collisions is also expected to transform the market landscape, leading to further growth in the coming years.
Growing Demand for Vehicle Safety Features
Increasing consumer awareness of vehicle safety is another significant driver for the automotive curtain airbags market. With a rise in road accidents and fatalities, safety has become a primary concern for car buyers.
Consumers are increasingly seeking vehicles equipped with advanced safety systems that offer better protection in the event of a crash. Curtain airbags, which shield both front and rear passengers from head injuries during side collisions, have become a critical component in providing this protection.
Automakers are responding to this demand by integrating curtain airbags in premium vehicles and mid-range and even entry-level models. The growing demand for SUVs and luxury vehicles, which often come equipped with enhanced safety features has further driven the adoption of curtain airbags.
As safety features become a key differentiator in the competitive automotive market, curtain airbags are expected to see widespread adoption significantly contributing to market growth.
Rising Production of Electric and Autonomous Vehicles
The increasing production of electric vehicles (EVs) and autonomous vehicles (AVs) is another key growth driver for the automotive curtain airbags market. As the automotive industry shifts toward electrification and automation, the focus on passenger safety in these technologically advanced vehicles is becoming paramount.
With their unique design and structure, EVs require specialized safety systems to protect passengers in case of battery-related accidents or side impacts. Curtain airbags are vital in ensuring passenger safety significantly as EV adoption accelerates globally.
In autonomous vehicles, where passengers may not always be seated in traditional positions, advanced airbag systems including curtain airbags are essential for providing comprehensive protection during collisions.
The growth of new automotive segments is expected to drive substantial demand for curtain airbags as automakers prioritize safety to meet evolving consumer expectations and regulatory standards for EV and AV safety.
High Cost of Airbag Systems
One of the key restraints for the automotive curtain airbags market is the high cost associated with advanced airbag systems. Curtain airbags, which require complex technology and precision engineering, add significant costs to vehicle manufacturing.
High costs are due to the materials used, such as inflators and sensors, and the research and development required to ensure these systems meet stringent safety standards. For automakers, integrating curtain airbags into lower-priced or economy vehicles can increase production expenses, potentially leading to higher vehicle prices for consumers.
In price-sensitive markets, particularly in developing regions, this cost increase can deter manufacturers and buyers from adopting these safety features, slowing the market's growth. Cost remains a key challenge in expanding the availability of curtain airbags across all vehicle segments, especially in regions with less stringent safety regulations.
Advancements in Smart Airbag Technology
One of the most transformative opportunities in the automotive curtain airbags market is the development of smart airbag systems. These advanced systems incorporate sensors and AI technology to enhance curtain airbag’s functionality and deployment accuracy.
Smart airbags can adjust their deployment based on real-time data, such as the severity of a collision, the position of passengers, and even the size and weight of occupants. This level of precision not only improves passenger safety but also helps to reduce potential injuries from airbag deployment itself.
As automakers increasingly focus on integrating smart technologies into vehicles, adopting these advanced airbag systems presents a significant growth opportunity. The market for smart airbags is expected to expand as automotive manufacturers strive to meet evolving safety standards and consumer expectations for high-tech, and responsive safety features.
The automotive curtain airbags market is highly competitive featuring leading players such as Autoliv Inc., Takata Corporation, ZF Friedrichshafen AG, and TRW Automotive (now part of ZF). These companies lead in technological advancements focusing on developing innovative airbag systems with enhanced safety features.
Key strategies include investing in research and development for smart airbag technologies and expanding product offerings to meet diverse market needs. Regional players and new entrants also contribute to the competitive landscape by offering cost-effective solutions and targeting emerging markets.
The market is shaped by ongoing innovation, strategic partnerships with automotive manufacturers, and regulatory compliance driving continuous improvement and growth in curtain airbag technologies.
Recent Industry Developments in the Automotive Curtain Airbags Market
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Attributes |
Details |
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Forecast Period |
2024 to 2031 |
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Historical Data Available for |
2019 to 2023 |
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Market Analysis |
US$ Billion for Value |
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Key Regions Covered |
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Key Market Segments Covered |
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Key Companies Profiled in the Report |
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Report Coverage |
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Customization & Pricing |
Available upon request |
By Type
By Vehicle Type
By End Use
By Region
To know more about delivery timeline for this report Contact Sales
The market is estimated to be valued at US$7.07 Bn by 2031.
The market is projected to exhibit a CAGR of 6.9% over the forecast period.
Asia Pacific region dominates the market.
Some of the leading players in the market are SEIREN Co., LTD., Yanfeng, TG Missouri, and Scania Group.
Growing demand for vehicle safety features remains a key driver for market.
