The Global Automotive Curtain Airbag Market was valued at US$ 11.63 billion in 2021 and is predictable to reach US$ 27.03 billion by 2030 which is projected to attain a CAGR of 9.8 % during the forecast period from 2021- 2030.
Increased attention on safety among passengers and automakers alike has led to the integration of better technology to lower the danger of accidents and injuries, resulting in increased sales of automotive curtain airbags.
Accident uncertainty - caused by vehicle wear and tear, complicated vehicle designs, and frictional resistance - continues to fuel the expansion of the automotive curtain airbags industry. As a result of these considerations, the demand for car curtain airbags is predicted to rise significantly in the automotive sector.
Governments in numerous nations are increasingly placing requirements on the vehicle industry's safety features. Manufacturers are increasingly implementing systems for the safety of passengers as a result of government restrictions which have created a direct impact on the market for automobile curtain airbags.
Aside from the automotive industry, there is considerable potential in the healthcare business for the automotive curtain airbags market. The heads and necks of passengers are protected by automobile curtain airbags in the event of an unexpected collision. Ambulance manufacturers continue to add roll sensors into the vehicle, allowing the system to deploy protection in the event of an unexpected collision, resulting in increased sales of automobile curtain airbags.
Furthermore, manufacturers in the automotive curtain airbags market are rapidly using innovative technology that deploys airbags outside the vehicle to protect passengers and the vehicle's body from damage. Owing to such factors, the global automotive curtain airbag market is likely to propel during the forecast period. In addition, the increased demand for airbags that are resistant to grease, heat, ozone, and chemicals has led to the adoption of neoprene as a covering material for car curtain airbags.
By coating type, neoprene is anticipated to deliver the highest CAGR across the globle.
The nylon-type segment of the automotive curtain airbags market is predicted to develop at the fastest rate in terms of revenue.
By sales channel, OEM is predicted to have the strongest revenue growth compared to other channels of distribution thereby augmenting the global automotive curtain airbags market during the forecast period.
Europe is leading the market and is anticipated to maintain a significant market share during the forecast period owing to rising customer acceptance, technological advancements, and cheaper prices in the region.
The Asia-Pacific region is expected to grow as the fastest-growing market for automobile curtain airbags, with plenty of opportunity for global automotive curtain airbag market expansion. The growing disposable income of consumers has urged purchasing high-end cars with curtain bags to expand in emerging economies such as China and India. The rapid growth of the automobile sector, as well as the high adoption rate of passive safety systems, and inclination towards electric vehicles are creating huge opportunities for the market expansion for the automotive curtain airbags in the upcoming years.
The fast growth of the automobile industry, as well as the high acceptance rate of passive safety systems and the trend toward electric vehicles, are creating enormous chances for the automotive curtain airbag market to expand in the next years.
Segmentation and Scope of the Global Automotive Curtain Airbag Market
By Coating Type
By Yarn Type
By Sales Channel
By Vehicle Type
Rest of World
Middle East & Africa
Prominent players in the Global Automotive Curtain Airbag Market among other includes