Global Automotive Airbag Sensor Market Size to Exceed USD 5.98 Billion by 2035 | CAGR of 5.88%
Category: Automotive & TransportationGlobal Automotive Airbag Sensor Market Size to Exceed USD 5.98 Billion by 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Automotive Airbag Sensor Market Size is expected to Grow from USD 3.19 Billion in 2024 to USD 5.98 Billion by 2035, at a CAGR of 5.88% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Automotive Airbag Sensor Market Size, Share, and COVID-19 Impact Analysis, By Sensor Type (Impact Sensors, Pressure Sensors, and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/automotive-airbag-sensor-market
An automotive airbag sensor is a component of a car's supplemental restraint system, which interacts with the airbag control unit to deploy airbags as needed. It accomplishes this by using abrupt deceleration, impact force, or motion changes to identify collision events. The demand for automotive airbag sensors, which are essential vehicle safety components, is anticipated to be driven by the high global road accident rates that result in serious injuries and fatalities. Manufacturers' use of sophisticated automobile airbag sensors is expected to be fueled by the growing enforcement of stringent car safety standards in both developed and emerging nations. The integration of airbag sensors as crucial parts of passenger and commercial cars is anticipated to be driven by rising consumer awareness and demand for safety equipped vehicles. It is anticipated that the growing use of ADAS technology would increase the need for advanced car airbag sensors to enhance occupant safety in collision situations. However, the automotive airbag sensor's high production & development costs are likely going to restrict market expansion.
The impact sensors segment dominated the market in 2024, accounting for approximately 35% and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the automotive airbag sensor market is divided into impact sensors, pressure sensors, and others. Among these, the impact sensors segment dominated the market in 2024, accounting for approximately 35% and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by the fact that safety standards mandate them, they are becoming more and more integrated into all types of vehicles, they are crucial for detecting unexpected deceleration or collision, and recent technological advancements have increased their dependability and affordability.
The passenger cars segment accounted for the largest share in 2024, accounting for approximately 72% and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the Automotive Airbag Sensor market is divided into passenger cars, commercial vehicles, and others. Among these, the passenger cars segment accounted for the largest share in 2024, accounting for approximately 72% and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is prompted by the fact that passenger cars are produced and sold in greater quantities worldwide, safety and airbag regulations are more stringent, and consumers in this market segment want more sophisticated safety equipment.
North America is expected to hold the majority share, representing nearly 35% of the global Automotive Airbag Sensor market during the forecast period.
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North America is expected to hold the majority share, representing nearly 35% of the global automotive airbag sensor market during the forecast period. The automotive airbag sensor market is encouraged due to the existence of top sensor and auto manufacturers, strict safety laws such as NHTSA mandates, a mature automobile industry with OEMs upgrading even base models with airbag systems, robust R&D, and high customer awareness regarding vehicle safety.
Asia Pacific is anticipated to grow at the fastest pace, representing nearly 35% in the global automotive airbag sensor market during the forecast period. The automotive airbag sensor market in the Asia Pacific is bolstered by the region's fast automobile manufacturing and sales, particularly in China and India, stricter safety and airbag regulations, greater consumer awareness of safety, rising disposable incomes, and growing use of innovative automotive technologies like EVs and connected cars.
Europe is driving growth with 7% share because of its stringent safety laws, such as EU GSR and Euro NCAP, high demand for luxury and high end cars with cutting edge safety features, robust automotive R&D, and quickening e vehicle integration.
Major vendors in the global automotive airbag sensor market are Analog Devices Inc., Aptiv Plc, Ashimori Industry Co. Ltd., Autoliv Inc., Continental AG, Daicel Corp., DENSO Corp., Dorman Products Inc., HELLA GmbH and Co. KgaA, Hyundai Motor Group, Infineon Technologies AG, Magna International Inc., Mitsubishi Electric Corp., Nihon Plast Co. Ltd., Ningbo Joyson Electronics Corp., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
In June 2023, Autoliv plans to launch its first powered motorcycle airbag system. This includes a bike airbag and an optional in house electronic crash sensor.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the automotive airbag sensor market based on the below-mentioned segments:
Global Automotive Airbag Sensor Market, By Sensor Type
- Impact Sensors
- Pressure Sensors
- Others
Global Automotive Airbag Sensor Market, By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Others
Global Automotive Airbag Sensor Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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