Automotive Curtain Airbags Market Size, Share, Growth Analysis, By Vehicle Type (Hatchback, Sedan), By Material (Nylon, Polyester), By Application, By End User, By Region - Industry Forecast 2024-2031
Nihon Plast Co., Ltd(Neaton Auto Products Manufacturing Inc.)
Changzhou Hualida Garment Group Co., Ltd.
Logistick, Inc.
Superior Spring & Manufacturing Co.
Ningbo Joyson Electronic Corp
Daystar Auto Group
Meyer Truck Equipment
Lear Corporation
Denso Corporation
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Global Automotive Curtain Airbags Market size was valued at USD 3.9 billion in 2022 and is poised to grow from USD 4.1 billion in 2023 to USD 6.9 billion by 2031, growing at a CAGR of 6.6% during the forecast period (2024-2031).
Market insights indicate a growing trend towards mandatory airbag installations by Original Equipment Manufacturers (OEMs) due to the increasing incidence of road accidents. This shift is coupled with rising public awareness of vehicle safety and ongoing technological advancements, which are expected to significantly boost demand for curtain airbags throughout the forecast period. As consumers prioritize safety features and expect enhanced automotive protections, curtain airbags are becoming essential safety components designed to safeguard occupants during collisions. The convergence of heightened safety awareness and the evolution of automotive safety technologies positions curtain airbags as critical elements in the modern vehicle landscape, thereby driving their demand in the automotive market.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Automotive Curtain Airbags market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Automotive Curtain Airbags Market Segmental Analysis
Global Automotive Curtain Airbags Market is segmented by Vehicle Type, Material, Application, End User and region. Based on Vehicle Type, the market is segmented into Hatchback, Sedan, Sports Utility Vehicle, Others. Based on Material, the market is segmented into Nylon, Polyester and Others. Based on Application, the market is segmented into Torso Curtain Airbags, Head Curtain Airbags, Combo Curtain Airbags. Based on End User, the market is segmented into OEM, Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Automotive Curtain Airbags Market
The growth of the global automotive curtain airbags market is significantly driven by the increasing integration of these safety features in sports utility vehicles (SUVs). Positioned along the front and rear pillars as well as the roof sides, curtain airbags deploy simultaneously with side airbags, offering essential protection for drivers and passengers' heads during side collisions. Initially prevalent in SUVs and vans, these airbags are gaining traction across various vehicle categories due to rising safety standards. As automakers prioritize occupant safety, the adoption of curtain airbags is expected to expand beyond SUVs to include a wider range of vehicles, from compact cars to larger trucks.
Restraints in the Global Automotive Curtain Airbags Market
One of the key challenges facing the global automotive curtain airbags market is the insufficient consumer awareness regarding traffic laws, especially in rural areas. This gap in knowledge significantly hampers market expansion. Additionally, the market's growth is further constrained by the lack of government initiatives that underline the importance of automotive airbags as essential safety features. The weak enforcement of traffic regulations by authorities in rural regions of developing and underdeveloped nations also hinders consumers' willingness to adopt automotive airbags. Together, these factors create a challenging environment that could adversely influence market growth in the coming years.
Market Trends of the Global Automotive Curtain Airbags Market
The Global Automotive Curtain Airbags market is witnessing significant growth, driven by the increasing focus on passenger safety and rising regulatory mandates for airbags in vehicles. As the automotive sector embraces advancements in autonomous driving, connectivity, and alternative fuel technologies, the demand for enhanced safety features has surged. Curtain airbags, designed to shield occupants' heads during side-impact collisions, have become a key component in vehicle safety systems. The incorporation of these airbags aligns with global regulatory requirements and consumer preferences for higher safety standards. This trend indicates a strong commitment within the automotive industry to prioritize occupant protection while navigating through technological innovations.
Table of Contents
Introduction
Objectives of the Study
Scope of the Report
Definitions
Research Methodology
Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations
Executive Summary
Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis
Market Dynamics & Outlook
Market Overview
Market Size
Market Dynamics
Driver & Opportunities
Restraints & Challenges
Porters Analysis & Impact
Competitive rivalry
Threat of substitute
Bargaining power of buyers
Threat of new entrants
Bargaining power of suppliers
Key Market Insights
Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Technological Advancement
Regulatory Landscape
Value Chain Analysis
Raw Material Analysis
Trade Analysis
PESTEL Analysis
Macro-Economic Indicators
Market Attractiveness Index
Global Automotive Curtain Airbags Market Size by Vehicle Type & CAGR (2024-2031)
Market Overview
Hatchback
Sedan
Sports Utility Vehicle
Others
Global Automotive Curtain Airbags Market Size by Material & CAGR (2024-2031)
Market Overview
Nylon
Polyester
Others
Global Automotive Curtain Airbags Market Size by Application & CAGR (2024-2031)
Market Overview
Torso Curtain Airbags
Head Curtain Airbags
Combo Curtain Airbags
Global Automotive Curtain Airbags Market Size by End User & CAGR (2024-2031)
Market Overview
OEM
Aftermarket
Global Automotive Curtain Airbags Market Size & CAGR (2024-2031)
North America (Vehicle Type, Material, Application, End User)
US
Canada
Europe (Vehicle Type, Material, Application, End User)
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific (Vehicle Type, Material, Application, End User)
China
India
Japan
South Korea
Rest of Asia Pacific
Latin America (Vehicle Type, Material, Application, End User)
Brazil
Rest of Latin America
Middle East & Africa (Vehicle Type, Material, Application, End User)
GCC Countries
South Africa
Rest of Middle East & Africa
Competitive Intelligence
Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2023
Company Profiles of All Key Players
Company Details
Product Portfolio Analysis
Company's Segmental Share Analysis
Revenue Y-O-Y Comparison (2021-2023)
Key Company Profiles
ZF Friedrichshafen AG
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Kolon Industries, Inc.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Ashimori Industry, Co., Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
TOYODA GOSEI Co., Ltd.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Sumitomo Corporation
Company Overview
Business Segment Overview
Financial Updates
Key Developments
SEIREN Co., LTD.
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Yanfeng
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Volkswagen Group (Scania Group)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Autoliv
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Daicel Corporation
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Hyundai Mobis Co. Ltd
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Nihon Plast Co., Ltd (Neaton Auto Products Manufacturing Inc.)