The Airbags Market size is valued at USD 24,948.9 million in 2022 and is poised to grow at a CAGR of 6.2% from 2023 to 2029. The global market provides a detailed overview of the Airbags market and that can be segmented by type, by module, By Vehicle Type, and by Sales Channel. By type, The Airbags market has been segmented into Curtain Airbag, Frontal Airbag, Knee Airbag, Side Airbag, and Others. The Curtain Airbag segment is likely to be the largest and fastest-growing segment in terms of type. Based on Module the Airbags market is segmented into Air Bag, Crash Sensors, Inflators or Gas Generators. Among these, the airbags segment is expected to have the fastest-growing market during the forecast period 2023-2029. Based on Vehicle Type, the Airbags market is segmented into Commercial vehicles and Passenger Vehicle. The Commercial Vehicle segment accounts for the largest share in 2022. Passenger Vehicle is the second-largest share during the forecast period 2023-2029. Based on the Sales Channel, the segment has been segregated into Aftermarkets, Original Equipment Manufacturers. The OEM segment is expected to dominate other segments in the Airbags market. The aftermarket segment is expected to witness the highest CAGR during the forecast period according to precision business insights.

https://www.precisionbusinessinsights.com/market-reports/airbags-market