Automotive Airbags Market Size & Forecast [2022-2027] By Global Industry Trends, Market Size To Hit 15980 Mn, Development History, Regional Overview, Share Estimation, Revenue, Business Prospect, and Plans | Industry Research Biz
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An airbag is a vehicle occupant-restraint system using a bag designed to inflate extremely quickly, then quickly deflate during a collision. It consists of the airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. The purpose of the airbag is to provide a vehicle occupant a soft cushioning and restraint during a crash event. It can reduce injuries between the flailing occupant and the interior of the vehicle. The airbag provides an energy-absorbing surface between the vehicle's occupants and a steering wheel, instrument panel, body pillar, headliner, and windshield. Modern vehicles may contain multiple airbag modules in various configurations, including, driver, passenger, side-curtain, seat-mounted side-impact, knee bolster, inflatable seat belt, front right- and left-side sensor, and pedestrian airbag modules.

Pune, May 30, 2022 (GLOBE NEWSWIRE) -- Final Report will add the analysis of the impact of COVID-19 on this industry."

Global “Automotive Airbags Market” is a comprehensive research that provides information regarding Automotive Airbags market size, trends, growth, cost structure, capacity, revenue, and forecast for 2027. This report also includes the overall study of the Automotive Airbags Market share with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Automotive Airbags industry and provides data for making strategies to increase Automotive Airbags market growth and effectiveness. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Automotive Airbags market.

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About Automotive Airbags Market:

An airbag is a vehicle occupant-restraint system using a bag designed to inflate extremely quickly, then quickly deflate during a collision. It consists of the airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. The purpose of the airbag is to provide a vehicle occupant a soft cushioning and restraint during a crash event. It can reduce injuries between the flailing occupant and the interior of the vehicle.
The airbag provides an energy-absorbing surface between the vehicle's occupants and a steering wheel, instrument panel, body pillar, headliner, and windshield. Modern vehicles may contain multiple airbag modules in various configurations, including, driver, passenger, side-curtain, seat-mounted side-impact, knee bolster, inflatable seat belt, front right- and left-side sensor, and pedestrian airbag modules.
Global automotive airbags main manufactuers include Autoliv, Joyson Safety Systems, ZF-TRW and Toyota Gosei, etc., totally holding a share for 88% of the market. China is the largest market of automotive airbags, with a share about 26%. As for the types of products, it can be divided into frontal airbags, side airbags, curtain airbags, knee airbags and others. The most common product is frontal airbags, with a share over 43%. In terms of applications, it is widely used in passenger cars and commercial vehicles. The most commom application is in passenger cars, with a share over 93%.

Market Analysis and Insights: Global and China Automotive Airbags Market
This report focuses on global and China Automotive Airbags market.
In 2020, the global Automotive Airbags market size was US$ 13350 million and it is expected to reach US$ 15980 million by the end of 2027, with a CAGR of 2.8% during 2021-2027.