Market research reports, consulting: Global Market Insights Inc.

Automotive Airbag Inflator Market Size - By Vehicle, By Inflator, By Airbag, By Propulsion, By Sales Channel, Analysis, Share, Growth Forecast, 2025 - 2034

Report ID: GMI12890
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Published Date: December 2024
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Report Format: PDF

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Automotive Airbag Inflator Market Size

The global automotive airbag inflator market size was valued at USD 5.4 billion in 2024 and is projected to grow at a CAGR of 4.3% between 2025 and 2034. The automotive industry's focus on reducing vehicle weight to enhance fuel efficiency and performance is driving innovation in lightweight airbag inflators. These inflators utilize advanced materials like composites and aluminum alloys, ensuring they remain strong while significantly reducing weight. Lightweight inflators are critical for electric vehicles (EVs), where weight optimization extends battery range and improves overall efficiency.
 

Automotive Airbag Inflator Market

As automakers align with stringent emission standards globally, the demand for lightweight safety components, including airbag inflators, is projected to surge. This growth reflects increasing collaboration between automotive OEMs and airbag manufacturers to achieve safety and sustainability goals concurrently. According to OICA, global motor vehicle production witnessed a significant rise from 2022 to 2023, marking an impressive growth of approximately 10.3%. This surge reflects the industry's recovery and expansion, driven by increasing demand and advancements in manufacturing capabilities.
 

Advancements in sensor technologies are revolutionizing airbag inflators by enabling precise and timely deployment during crashes. Smart sensors, such as accelerometers and gyroscopes, detect impact forces in real-time and optimize inflator performance for various crash scenarios. By integrating intelligent systems, airbag inflators can modulate deployment force, ensuring occupant safety while minimizing injuries. This development is particularly significant for advanced driver-assistance systems (ADAS) and connected cars, which rely on data-driven solutions. Growing investments in automotive electronics and rising adoption of IoT-enabled safety systems are fueling the market, as automakers strive to offer smarter and safer vehicles globally.
 

Automotive Airbag Inflator Market Trends

Multi-stage airbag inflators are gaining traction as they provide enhanced protection across diverse crash scenarios. These inflators deploy airbags in multiple phases based on crash severity, seat occupancy, and passenger weight. Multi-stage inflators reduce deployment force during low-impact collisions to prevent injuries, while offering maximum cushioning in severe crashes. This trend aligns with automakers' efforts to enhance vehicle safety systems, particularly in luxury and premium segments. Growing consumer awareness and regulatory mandates for advanced occupant safety are accelerating the adoption of multi-stage inflators, further driving market expansion and innovation in the automotive safety ecosystem.
 

The development of advanced airbag inflators demands significant investments in research, prototyping, and rigorous safety testing to comply with global standards. Automakers and suppliers face financial constraints when integrating next-generation inflators equipped with hybrid and multi-stage technologies. Testing inflators under various crash scenarios to meet evolving regulations further escalates costs. These challenges particularly affect small manufacturers and companies operating in price-sensitive markets. Due to which, the high upfront expenses and lengthy validation timelines hinder the widespread adoption of advanced airbag inflators. This restraint could slow innovation and limit market growth, especially in emerging economies with budget-conscious consumers.
 

Automotive Airbag Inflator Market Analysis

Automotive Airbag Inflator Market Size, By Vehicle, 2022-2034, (USD Billion)

Based on vehicles, the market is segmented into passenger cars and commercial vehicle. In 2024, the passenger cars segment generated around USD 3.5 billion and is expected to grow significantly over the forecast time frame. The passenger car segment dominates the automotive airbag inflator market due to the rising emphasis on occupant safety and regulatory mandates. Government safety regulations, such as Euro NCAP, US FMVSS, and China's C-NCAP, are driving automakers to install advanced airbag systems in passenger vehicles.
 

Additionally, increasing consumer awareness about vehicle safety and rising disposable incomes in emerging markets have fueled demand for safer passenger cars. Automakers are integrating innovative inflator technologies, including lightweight and multi-stage inflators, to meet safety standards while improving efficiency. The surge in production and sales of passenger cars globally further reinforces this growth trend.
 

Automotive Airbag Inflator Market Share, By Sales Channel, 2024

Based on the distribution channel, the automotive airbag inflator market is segmented into OEM and aftermarket. The OEM segment accounted for 71% of the market share in 2024. OEMs hold a dominant market share as they focus on integrating advanced airbag inflators during vehicle production to meet regulatory safety standards. Rising investments in automotive safety R&D and collaborations between OEMs and airbag manufacturers are driving the development of innovative inflators.
 

Automakers prioritize partnerships with Tier 1 suppliers like Autoliv and Daicel to ensure quality and compliance. OEMs are also adopting modular and lightweight inflators to improve vehicle safety without adding significant weight. The demand for factory-installed airbags, coupled with the growth of electric and autonomous vehicles, solidifies OEM dominance in the automotive airbag inflator industry.
 

China Automotive Airbag Inflator Market Size, 2022-2034 (USD Million)

China automotive airbag inflator market accounted for 36% of the revenue share in 2024, due to its massive automotive production and sales volumes. Government initiatives, such as the New Car Assessment Program (C-NCAP), emphasize vehicle safety, encouraging automakers to install advanced airbags. The country’s expanding middle class and rising disposable incomes are driving demand for safer vehicles, including passenger cars and SUVs. Local manufacturers are partnering with global suppliers to adopt advanced inflator technologies while reducing costs.
 

Europe’s automotive airbag inflator market is driven by stringent safety regulations, including Euro NCAP standards, which mandate advanced airbag systems in vehicles. The region’s strong presence of premium automakers like BMW, Mercedes-Benz, and Volkswagen ensures the adoption of safety technologies, including multi-stage and lightweight inflators. Growing demand for electric and autonomous vehicles further accelerates inflator innovation, as these vehicles prioritize safety features to enhance passenger protection. Europe’s focus on sustainability is also driving the shift towards eco-friendly inflator propellants. The combination of regulatory enforcement, advanced automotive production, and technological innovations solidifies Europe’s market position.
 

Asia-Pacific’s automotive airbag inflator market is expanding due to rising vehicle production, particularly in China, India, and Japan. Increasing vehicle ownership driven by urbanization and growing disposable incomes fuels demand for advanced safety systems. Governments across the region are implementing strict safety norms to reduce road fatalities, pushing automakers to integrate high-performance airbag inflators. Additionally, the growth of the automotive aftermarket and investments in electric vehicles (EVs) are creating opportunities for inflator manufacturers.
 

Automotive Airbag Inflator Market Share

Automotive Airbag Inflator Company Market Share, 2024

ZF, Aisin, Magna, BorgWarner, Allison, Eaton, and Divgi TorqTransfer Systems collectively held a significant market share of 32% in the automotive airbag inflator industry in 2024. Autoliv remains a leading player in the automotive airbag inflator industry by continuously innovating its product portfolio. The company focuses on advanced inflator technologies, such as lightweight and eco-friendly inflators, to address emerging industry trends.
 

Autoliv’s recent development of the Bernoulli Airbag module highlights its commitment to efficiency and safety. Strategic collaborations with global automakers and significant investments in R&D enable Autoliv to deliver cutting-edge solutions. The company’s strong presence in key markets, including Europe, China, and North America, ensures its competitive edge through technological leadership and adherence to stringent safety regulations.
 

Daicel maintains its market competitiveness by offering a diverse range of advanced airbag inflator solutions, including pyrotechnic and hybrid inflators. The company prioritizes innovation, focusing on lightweight and high-performance inflators to meet growing safety requirements. Daicel leverages its extensive manufacturing capabilities and global partnerships with OEMs to strengthen its market position.
 

The company’s focus on sustainability drives the adoption of eco-friendly propellants in its inflator technologies. By expanding its footprint in emerging markets like Asia-Pacific and enhancing production efficiencies, Daicel continues to deliver cost-effective and reliable solutions, ensuring sustained growth and competitiveness in the global market.
 

Automotive Airbag Inflator Market Companies

Major players operating in the automotive airbag inflator industry are:

  • Autoliv
  • Daicel
  • ZF
  • Joyson Safety Systems
  • Toyoda Gosei
  • Nippon Kayaku
     

Automotive Airbag Inflator Industry News

  • In June 2024, Autoliv introduced airbag cushions made of 100% recycled polyester, significantly reducing greenhouse gas emissions by approximately 50% at the polymer level. Developed in collaboration with supply chain partners, the recycled material matches the safety performance of traditional airbags. This innovation aligns with Autoliv’s commitment to achieving net-zero emissions across its supply chain by 2040. The new airbag cushions are available globally, marking a major step toward sustainability in automotive safety. Autoliv continues to lead the industry by prioritizing circularity and environmental impact reduction while maintaining high safety standards.
     
  • In June 2023, Autoliv introduced a groundbreaking passenger airbag module that utilizes Bernoulli's Principle. This innovative design enables more efficient inflation of larger airbags while reducing development time and costs. In the Bernoulli Airbag, the inflator receives a crash signal and propels high-pressure gases at supersonic speeds through multiple inlet tubes.
     

The automotive airbag inflator market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipment (Units) from 2021 to 2034, for the following segments:

Market, By Vehicle

  • Passenger cars
    • Hatchback
    • Sedan
    • SUV
    • Others
  • Commercial vehicle
    • Light duty
    • Medium duty
    • Heavy duty

Market, By Inflator

  • Pyrotechnic inflators
  • Stored gas inflators
  • Hybrid inflators

Market, By Airbag

  • Frontal
  • Side
  • Curtain
  • Knee
  • Pedestrian

Market, By Propulsion

  • Gasoline
  • Diesel
  • Hybrid
  • CNG
  • LPG

Market, By Sales Channel

  • OEM
  • Aftermarket

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Southeast Asia
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Preeti Wadhwani,
Frequently Asked Question(FAQ) :
Why is the OEM segment dominant in the automotive airbag inflator industry?
The OEM segment accounted for 71% of the market share in 2024, due to the integration of advanced inflators during vehicle production to meet stringent safety regulations.
How big is the automotive airbag inflator market?
What is the size of the automotive airbag inflator market in China?
Who are the major players in the automotive airbag inflator industry?
Automotive Airbag Inflator Market Scope
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    Premium Report Details

    Base Year: 2024

    Companies covered: 17

    Tables & Figures: 200

    Countries covered: 20

    Pages: 180

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