Automotive Side Airbag Device Market Revenue was valued at USD 3.5 Billion in 2024 and is estimated to reach USD 6.5 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
In 2022, the global automotive side airbag device market was valued at approximately USD 3.5 billion, with projections indicating growth to USD 5.0 billion by 2030, representing a compound annual growth rate (CAGR) of 5.0%. This expansion is driven by increasing vehicle production, heightened consumer awareness regarding safety features, and stringent governmental regulations mandating advanced occupant protection systems. The Asia Pacific region, particularly countries like China and India, is anticipated to witness significant growth due to rising automobile manufacturing and sales, coupled with escalating safety standards. North America and Europe are also expected to experience steady growth, supported by established automotive industries and continuous advancements in airbag technologies. Opportunities within the automotive side airbag device market are abundant, especially in emerging economies where vehicle ownership is on the rise. The increasing demand for electric vehicles (EVs) presents a notable opportunity, as manufacturers seek to integrate advanced safety features into new vehicle designs. Additionally, advancements in sensor technologies and the development of smart airbag systems offer potential for enhanced occupant protection, further propelling market growth. Collaborations between automakers and airbag system suppliers are likely to foster innovation, leading to more efficient and effective safety solutions in the automotive sector.
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Autoliv
Joyson Safety Systems
TRW Automotive Holdings
Delphi Automotive
East Joy Long Motor Airbag
Neaton Auto Products Manufacturing
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Side Airbag Device Market
Thorax Airbags
Curtain Airbags
Combination Airbags
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Two-wheelers
Mechanical Deployment System
Electronic Deployment System
Nylon
Polyester
Other Advanced Materials
OEMs (Original Equipment Manufacturers)
Aftermarket Suppliers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Side Airbag Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Side Airbag Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Side Airbag Device Market, By Type
6. Global Automotive Side Airbag Device Market, By Application
7. Global Automotive Side Airbag Device Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Side Airbag Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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