What is the current China Airbag Systems Market size?

The China Airbag Systems Market is projected to register a CAGR of 7.5% during the forecast period (2024-2029) Read More

Who are the key players in China Airbag Systems Market?

Autoliv Inc. , ZF Friedrichshafen AG, Joyson Safety Systems, TOYODA GOSEI Co., Ltd. and Denso Corporation are the major companies operating in the China Airbag Systems Market. Read More

What years does this China Airbag Systems Market cover?

The report covers the China Airbag Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Airbag Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

China Airbag Systems Market - Share, Suppliers & Industry Size

China Airbag Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers China Airbag Systems Manufacturers and the market has been segmented by Airbag Type (Driver airbag, Passenger airbag, Curtain airbag, Knee airbag, and Others), Inflator Type (Pyrotechnic, Stored Gas, and Hybrid), and Vehicle Type (Passenger Car and Commercial Vehicle). The market size and forecast are provided in terms of value (USD Billion) for all the above segments.

China Airbag Systems Industry Overview

The China Airbag Systems Market is dominated by various international and regional players such as Robert Bosch GmbH, ZF, joys on safety systems, Autoliv Inc., and Others. Although to have the edge over its competitors, the major airbag systems manufacturing companies are making joint ventures, and partnerships to launch newer products. For instance,

In July 2022, ZF Friedrischafen AG invested Euro 60 Million for an expansion of manufacturing facilities in Rizhao city, Shandong province, China.
In June 2022, Autoliv Inc. commenced airbag production in Shanghai, establishing itself as the first producer of airbags in China. The company will supply driver and passenger airbag modules to several vehicle assembly plants such as Shanghai General Motors (SGM), Dongfeng Citroen Automotive Corporation (DCAC), and Shanghai Volkswagen (SVW).
In May 2022, Toyoda Gosei Co., Ltd. established a new plant in Guangdong Province, China, to enhance its production network for airbags and steering wheels across China.