Automotive Curtain Airbags Market by Type (Torso Curtain Airbags, Head Curtain Airbags, and Combo Curtain Airbags), by Coating Type (Neoprene Coated, Silicone Coated, and Non-Coated), by Material (Nylon and Polyester), by Vehicle Type (Passenger Cars and Commercial Vehicles), and by Sales Channel (OEM and Aftermarket) – Global Opportunity Analysis and Industry Forecast 2024-2030.
Automotive Curtain Airbags Market Overview
The global Automotive Curtain Airbags Market size was valued at USD 18.84 billion in 2023 and is predicted to reach USD 31.75 billion by 2030 with a CAGR of 7.8 % from 2024-2030.
The automotive curtain airbags market, also known as the side curtain airbags, involves the development of side curtain airbags designed to enhance vehicle safety systems. These automotive safety systems are activated by a gas generator linked to the vehicle’s safety sensors and is deployed from above the window or the side of seats to offer additional protection.
They provide crucial head and upper body coverage, significantly reducing the risk of serious injuries during side impact collisions. The effective integration ensures timely deployment of side curtain airbags, helping automotive manufacturers comply with stringent safety regulations.
Market Dynamics and Trends
The growing automotive industry drives the growth of the automotive curtain airbags industry due to the increasing need for enhancing vehicle protection and meeting regulatory standards. The industry’s growth is leading manufacturers to invest in advanced safety technologies to enhance occupant protection and comply with evolving safety regulations. The latest report published by the European Automobile Manufacturers Association (ACEA) stated that, the global car production reached 76 million in 2023, marking a 10.2% growth compared to 2022. This rise in the automotive sector increases the demand for advanced safety solutions, thereby accelerating the market growth.
Moreover, the rise in road accidents necessitates the need for enhanced automotive safety features to protect occupants in the event of a collision that in turn fuels the market growth. As per the report published in 2023 by the World Health Organization (WHO), approximately 1.19 million people lose their lives annually due to road traffic crashes. This alarming statistic emphasizes the importance of advanced protection systems, leading automakers to prioritize the integration of curtain airbags, propelling the automotive curtain airbags market expansion.
Additionally, the implementation of government regulations towards vehicle safety increases market growth by setting mandatory standards that enhance passenger protection during accidents. For instance, the United Nations Economic Commission for Europe (UNECE) provides vehicle safety regulations such as seat belts, airbags, and backup camera through its World Forum for Harmonization of Vehicle Regulations.
Furthermore, the National Traffic and Motor Vehicle Safety Act regulates automotive safety in the U.S. protecting the public from unreasonable risk associated with vehicle design, construction, and operation including airbags and seat belts. These regulations aim to improve the protection of vehicles and vulnerable passengers by incorporating the latest technological innovations that ultimately accelerates the expansion of the market.
However, the expensive manufacturing and installation process associated with curtain airbags limits their adoption that ultimately hinders the growth of the market.
On the contrary, the integration of advanced sensors such as accelerometers and gyroscopes in Airbag deployment technologyare expected to create ample growth opportunities for the market in the future. These technologies enable curtain airbags to adjust their deployment based on real-time data such as occupant position and collision severity, enhancing protection. The advancement is set to drive the development of more effective safety solutions that in turn presents growth opportunities for the market in the future.
Market Segmentation and Scope of the Study
The automotive curtain airbags market report is segmented on the basis of type, coating type, material, vehicle type, sales channel, and region. On the basis of type, the market is classified into torso curtain airbags, head curtain airbags, and combo curtain airbags. On the basis of coating type, the market is divided into neoprene coated, silicone coated, and non-coated. Based on material, the market is divided into nylon and polyester. On the basis of vehicle type, the market is divided into passenger cars and commercial vehicles. On the basis of sales channel, the market is segmented into original equipment manufacturer (OEM) and aftermarket. Regional breakdown and analysis of each of the aforesaid segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
Asia-Pacific dominates the automotive curtain airbags market share during the forecast period. This is due to the rapid growth of the automotive industry in the region that necessitates the adoption of side curtain airbags for protecting passengers during rollovers.
According to the report of the International Energy Agency (IEA) published in 2024, EV sales in China accounted for 8.1 million units in 2023 compared to 6 million units in 2022, marking a 35% growth. This surge in EV sales increases the demand for advanced safety features including curtain airbags, that in turn fuels the automotive curtain airbags market growth.
Additionally, the rising road accidents in the region drives the need for enhanced occupant protection features in vehicles that in turn propels the market growth. As per the report published by the Ministry of Road Transport and Highways 2023, the road accidents in India increased by 11.9% in 2022 compared to 2021. This rise in accident rates necessitates the need for improved safety systems, as these airbags are vital for minimizing head injuries and providing critical protection during side-impact collisions, thereby enhancing overall passenger safety.
On the other hand, North America is expected to show a steady rise in the automotive curtain airbags market demand. This is due to the implementation of the stringent government regulations towards vehicle safety in the region, that drives the adoption of side curtain airbags to protect passengers in the event of an accident.
For example, the National Highway Traffic Safety Administration (NHTSA) in the U.S. implemented standards to improve safety features in vehicles, including the development of airbags such as frontal and curtain airbags, as well as three-point seat belts. These regulations propel the demand for vehicle safety, leading to accelerating adoption of side curtain airbags for protection of the vehicle and occupant.
Also, the presence of key market players such as Tesla and Ford, drives the growth of the market in the region due to their adoption of advanced safety technologies including side curtain airbags. These automotive companies are implementing these systems to minimize injuries during side-impact collisions and improve passenger safety.
For instance, in April 2024, Ford Motor Company launched a new vehicle Mustang Mach-E that offers side curtain airbags along with other safety systems. The integration of such safety features by leading manufacturers to enhance passenger protection, boosts the demand for automotive curtain airbags in the region.
Competitive Landscape
The automotive curtain airbags industry comprises of various market players such as Honda Motor Co., Ltd, Yanfeng International Automotive Technology Co. Ltd., Kolon Industries, Inc, Autoliv Inc., Continental AG, Toray Industries, Inc, Suzuki Motor Corporation, Ashimori Industry Co., Ltd, Sumitomo Corporation, Toyoda Gosei Co., Ltd., and others. These market players are adopting strategies including product launches to stay competitive and maintain their market positions.
For instance, in June 2024, Honda Motor Co., Ltd. launched the N-VAN e, a new commercial-use mini-EV in Japan, featuring side curtain airbags and a post collision braking system. This launch reflects the industry’s shift towards integrating advanced safety features in electric vehicles, contributing to the growth of the market.
Additionally, in May 2024, Maruti Suzuki launched two new Fronx Delta Plus variants with 6 airbags including curtain airbags. This upgrade reflects the growing emphasis on advanced safety features in the automotive industry, contributing to market growth.
Key Benefits
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The report provides quantitative analysis and estimations of the market from 2024 to 2030, which assists in identifying the prevailing market opportunities.
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The study comprises a deep dive analysis of the current and future automotive curtain airbags market trends to depict prevalent investment pockets in the market.
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Information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
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Competitive analysis of the players, along with their market share is provided in the report.
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SWOT analysis and Porters Five Forces model is elaborated in the study.
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Value chain analysis in the market study provides a clear picture of roles of stakeholders.
Automotive Curtain Airbags Market Key Segments
By Type
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Torso Curtain Airbags
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Head Curtain Airbags
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Combo Curtain Airbags
By Coating Type
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Neoprene Coated
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Silicone Coated
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Non-coated
By Material
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Nylon
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Polyester
By Vehicle Type
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Passenger Cars
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Commercial Vehicles
By Sales Channel
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Original Equipment Manufacturer (OEM)
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Aftermarket
By Region
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North America
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The U.S.
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Canada
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Mexico
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Europe
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The UK
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Germany
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France
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Italy
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Spain
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Denmark
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Netherlands
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Finland
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Sweden
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Norway
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Russia
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Rest of Europe
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Asia Pacific
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China
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Japan
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India
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South Korea
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Australia
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Indonesia
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Singapore
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Taiwan
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Thailand
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Rest of Asia Pacific
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RoW
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Latin America
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Middle East
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Africa
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Key Players
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Honda Motor Co., Ltd.
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Yanfeng International Automotive Technology Co. Ltd.
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Kolon Industries, Inc
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Autoliv Inc.
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Continental AG
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Toray Industries, Inc
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Suzuki Motor Corporation
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Ashimori Industry Co., Ltd.
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Sumitomo Corporation
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Toyoda Gosei Co., Ltd.
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 18.84 billion |
|
Revenue Forecast in 2030 |
USD 31.75 billion |
|
Growth Rate |
CAGR of 7.8 % from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Countries Covered |
28 |
|
Companies Profiled |
10 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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