The India automotive airbags market size reached USD 0.17 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 0.24 Billion by 2033, exhibiting a growth rate (CAGR) of 3.90% during 2025-2033. Rising road accidents, stringent government regulations, and growing vehicle sales are driving the India automotive airbags market share. Moreover, increased awareness among masses and technological advancements further fuels market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 0.17 Billion |
Market Forecast in 2033 | USD 0.24 Billion |
Market Growth Rate 2025-2033 | 3.90% |
Growing Vehicle Sales
Growing vehicle sales in India are accelerating the expansion of the automotive airbags market, as a higher number of vehicles on the road is increasing the demand for safety features. India's automotive sector is experiencing steady growth, driven by rising disposable income, urbanization, and improved financing options. As more individuals purchase vehicles, automakers are equipping them with airbags to comply with government safety norms and evolving customer preferences. The government's mandate requiring dual airbags in all new passenger vehicles has further strengthened airbag adoption. Passenger vehicle sales increased by 4.2% in 2024 compared to 2023, reaching approximately 43 lakh units, according to the Society of Indian Automobile Manufacturers (SIAM). With growing sales in segments such as hatchbacks, sedans, and SUVs, the demand for airbags is rising proportionally. Additionally, the expansion of premium and mid-range vehicle segments is influencing the installation of advanced airbag systems including side, curtain, and knee airbags. Fleet expansion by ride-hailing services, logistics providers, and corporate fleets is also contributing to vehicle sales growth, further strengthening the India automotive airbags market growth. Besides this, foreign and domestic automakers are increasing production capacity in India, making airbag-equipped vehicles more accessible to a broader customer base.
Rising Road Accidents
Rising road accidents in are significantly influencing the India automotive airbags market outlook, as safety concerns are becoming a priority for both customers and regulatory authorities. India has one of the highest road accident rates globally, with approximately 180,000 fatalities recorded in 2024, marking an increase from 168,491 deaths in 2022. This alarming trend is compelling the government to enforce stricter safety regulations including mandatory dual front airbags in all passenger vehicles. Vehicle owners are also becoming more aware about vehicle safety due to increasing media coverage, safety awareness campaigns, and crash-test ratings provided by agencies like the Global NCAP. As a result, many buyers are now prioritizing cars equipped with multiple airbags to enhance passenger protection. In response, automakers are integrating side, curtain, and knee airbags, particularly in mid-range and premium vehicle models, to meet evolving safety expectations. Additionally, the rising number of accidents is encouraging insurance companies to offer lower premiums for vehicles with advanced safety features, further motivating consumers to opt for airbag-equipped cars. With growing regulatory pressure and increasing consumer preference for safety, the demand for automotive airbags is expected to continue rising in India.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, vehicle type, and component.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes frontal airbag, side airbag, and others.
Vehicle Type Insights:
A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes hatchback/sedan, SUV, LCV, and HCV.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes airbag inflator, impact sensors, indicator lamp, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Frontal Airbag, Side Airbag, Others |
Vehicle Types Covered | Hatchback/Sedan, SUV, LCV, HCV |
Components Covered | Airbag Inflator, Impact Sensors, Indicator Lamp, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |