Global Automotive Curtain Airbags Market

Automotive Curtain Airbags Market Size, Share, Growth Analysis, By Type(Torso Curtain Airbags, Head Curtain Airbags, Combo Curtain Airbags), By Vehicle Type(Passenger Car, Commercial Vehicle), By End-use(OEM, Aftermarket), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45A2213 | Region: Global | Published Date: October, 2024
Pages: 197 | Tables: 120 | Figures: 71

Automotive Curtain Airbags Market News

  • Autoliv declared their objective to construct a new airbag cushion manufacturing facility in Vietnam, situated within the Amata City Ha Long Industrial Park in April 2023,. This plan aims to ramp up production capabilities for airbag systems, thereby, catering to the burgeoning Asia Pacific market's increasing demands. The establishment of this facility underscores Autoliv's commitment to meeting the escalating regional needs for airbag technology.
  • ARC Automotive Inc., a prominent manufacturer specializing in inflation systems, forged a partnership with Yanfeng, a leading global automotive supplier in May 2022. This collaboration represents a strategic synergy between two industry leaders aimed at leveraging their expertise to innovate and deliver cutting-edge airbag inflator solutions to the automotive market. Both entities joined forces in a joint venture geared towards the development, production, and commercialization of automotive airbag inflators.
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Global Automotive Curtain Airbags Market size was valued at USD 3.8 billion in 2022 and is poised to grow from USD 4.06 billion in 2023 to USD 6.87 billion by 2031, growing at a CAGR of 6.80% during the forecast period (2024-2031).

The competitive environment of the global Automotive Curtain Airbags market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'ZWZ (China) ', 'Shandong Huifeng Auto Fittings Co (China) ', 'Zhejiang ODM Transmission Technology Co. Ltd. (China) ', 'Wanxiang Qianchao Co. Ltd (China) ', 'SK (South Korea) ', 'Nanyang Automobile & Cycle Group (China) ', 'IFA Rotorion (Germany) ', 'American Axle Manufacturing Holdings Inc. (US) ', 'Nexteer Automotive NA (US) ', 'Neapco Holdings LLC (US) ', 'NTN Corporation (Japan) ', 'Hyundai WIA Corporation (South Korea) ', 'NKN Co. Ltd. (Japan) ', 'ZF Friedrichshafen AG (Germany) ', 'JTEKT Corporation (Japan) ', 'SKF AB (Sweden) ', 'Schaeffler AG (Germany) ', 'Dana Incorporated (US) ', 'Thompson Couplings Limited (Australia) ', 'Guansheng Auto Parts Co. Ltd. (China) ', 'Xuchang Yuandong Drive Shaft Co. Ltd. (China) ', 'Changzhou Guangyang Bearing Co. Ltd. (China) ', 'GSP Automotive Group (China)'

Curtain airbags are strategically positioned along the front and rear pillars as well as the roof sides within vehicles. They are designed to deploy simultaneously with side airbags, providing vital protection to the heads of drivers or passengers and mitigating potential injuries in the event of a side collision. Predominantly, these airbags have found widespread deployment in SUVs and vans, prioritizing the safety of occupants in these vehicle types. However, with the continuous elevation of safety standards across all vehicle categories, there is an anticipated surge in the adoption of curtain airbags. This trend is expected to transcend from SUVs and vans to encompass a broader spectrum of vehicles, ranging from mini-cars to heavy-duty trucks.

The automotive sector has undergone substantial disruptions over the past decade, witnessing advancements in autonomous driving, connected vehicles, alternative fuel technologies, and the integration of blockchain. Throughout this evolution, passenger safety has remained a paramount concern within the industry, leading some nations to enforce stringent governmental regulations mandating the installation of airbags, specifically on both the driver and passenger sides. These industry trends have notably contributed to a heightened demand for curtain airbags, which serve as specialized side airbags designed to safeguard occupants' heads in the event of a vehicular accident. This emphasis on safety measures reflects the industry's commitment to enhancing passenger protection amidst the evolving landscape of automotive innovations and technological advancements.

North America asserts dominance within the automotive curtain airbags market, primarily driven by the increased adoption of airbags and continuous advancements in airbag design and technology. The region's prominence is further strengthened by the substantial presence of trade markets and a robust network of automotive distributors. These factors collectively contribute to North America's leadership position, showcasing a strong inclination towards embracing advanced safety technologies in vehicular design and reinforcing the significance of safety measures within the automotive industry.

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Global Automotive Curtain Airbags Market

Report ID: SQMIG45A2213

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