Middle East & Africa Automotive Airbag Market Outlook, 2029

Middle East & Africa Automotive Airbag Market Outlook, 2029

The Middle East and Africa automotive airbag market is distinguished by a mix of challenges and possibilities in a diversified regional automotive sector. As the automotive industry in the Middle East and Africa evolves, the use of airbag technology emerges as a vital component of improving vehicle safety standards throughout the region. In recent years, there has been a growing awareness of the necessity of vehicle safety features in the Middle East & Africa region, owing to factors such as increased urbanization, rising disposable incomes, and a thriving automotive aftermarket. This increased awareness has fueled demand for automobiles equipped with modern safety features, including airbags, particularly in nations with fast-expanding automotive markets, such as Saudi Arabia, the United Arab Emirates (UAE), and South Africa. Strategic alliances and collaborations among automobile OEMs, technology suppliers, and regulatory authorities are also critical for maximizing growth prospects in the Middle East & Africa automobile airbag market. By collaborating to address legislative barriers, develop localized solutions, and raise awareness of airbag technology, stakeholders can accelerate the adoption of airbag-equipped vehicles and help to improve regional road safety standards. The Middle East & Africa region's automobile market is expanding rapidly, driven by factors such as population expansion, urbanization, and rising disposable incomes. This developing automotive market creates considerable prospects for airbag manufacturers and suppliers to meet the growing demand for safer automobiles. In nations like the United Arab Emirates (UAE) and Saudi Arabia, there is a significant demand for premium vehicles with advanced safety equipment like airbags. The luxury vehicle category in the Middle East & Africa region frequently sets safety and technology trends, resulting in the integration of modern airbag systems in premium automobiles.

According to the research report ""Middle East & Africa Automotive Airbag Market Outlook, 2029,"" published by Bonafide Research, the Middle East & Africa Automotive Airbag market is expected to reach market size of more than USD 650 Million by 2029. Global automobile OEMs are collaborating with local manufacturers and suppliers in the Middle East and Africa to strengthen their market presence and competitiveness. These collaborations frequently include technology transfer, joint R&D projects, and localized production of airbag systems to satisfy the specific needs of the regional market. The Middle East & Africa automotive airbag market is experiencing technical advances targeted at improving the effectiveness and efficiency of airbag systems. This includes the creation of smart airbag systems outfitted with advanced sensors, AI algorithms, and connection capabilities to offer real-time data and improve deployment in collision scenarios. Pedestrian safety is becoming increasingly important in Middle Eastern and African cities, in addition to car occupant protection. As a result, airbag manufacturers are creating new pedestrian protection airbag systems that aim to lessen the severity of injuries in the case of a vehicle-pedestrian collision. Electric cars (EVs) and hybrid vehicles are becoming more popular across the Middle East and Africa, thanks to government incentives, environmental concerns, and advances in battery technology. As EVs and hybrid vehicles gain popularity in the region, there is a growing demand for airbag systems that are adapted to the unique safety requirements of these alternative propulsion vehicles. Automotive manufacturers, suppliers, and research institutions in the Middle East & Africa are increasingly investing in research and development initiatives focused on automotive safety technologies, including airbags. These investments aim to drive innovation, improve product performance, and address region-specific safety challenges to enhance road safety for all road users.

Major Drivers

Rising consumer awareness and demand for vehicle safety: There is rising consumer awareness and desire for automobile safety. With growing worries about road safety and a greater emphasis on passenger protection, Middle Eastern and African consumers are placing a higher value on safety features when purchasing a vehicle. The growing knowledge of the benefits of airbag systems in reducing the severity of injuries incurred in accidents has resulted in an increase in demand for vehicles outfitted with modern safety technologies, including airbags. As a result, automobile manufacturers are pushed to incorporate airbag systems into their vehicles in order to meet the changing preferences and needs of safety-conscious consumers, boosting the region's automotive airbag market growth.

Increasing vehicle production and sales: The growing vehicle production and sales in the Middle East and Africa region are another important market driver for the automotive airbag market. The growing population, rising disposable incomes, and improved economic conditions have resulted in an increase in demand for automobiles in all segments, including passenger cars, commercial vehicles, and light trucks. The rising demand for vehicles has led automakers to increase manufacturing capacity and expand their presence in the Middle East and Africa markets. As a result, airbag systems are increasingly being included in newly built automobiles to comply with safety laws and market preferences.

Major Challenges

Infrastructural limitations and accessibility issues: The automotive airbag market in the Middle East and Africa faces considerable obstacles due to infrastructure limits and accessibility issues. Unlike industrialized nations, many portions of Middle East & Africa have poor infrastructure, particularly in rural areas, limiting the availability and accessibility of car safety devices such as airbags. Limited road networks, poor transportation systems, and limited service facilities all impede the adoption of automobiles equipped with advanced safety features like airbags. Furthermore, a lack of suitable maintenance facilities and qualified technicians impedes the widespread use of airbags in automobiles throughout the region. Furthermore, power outages and uneven access to energy might impair the functionality of airbag deployment systems, creating questions about reliability and performance.

In terms of type segment market is divided into frontal airbag, side airbag, knee airbag and others. Side airbag type is predicted to grow at significant pace in Middle East & Africa automotive airbag market. Based on material type market includes nylon 6.6, polyester, others. Polyester material type is gaining traction in Middle East & Africa automotive airbag market.

In order to reduce traffic fatalities and injuries, governments in the Middle East and Africa are introducing stronger car safety laws. Side airbags are widely regarded as effective safety equipment for protecting occupants in side-impact incidents, motivating automakers to include them in their vehicles to comply with these rules. Consumers in the Middle East and Africa are becoming more conscious of the necessity of vehicle safety features. As customers become increasingly aware of the risks involved with side-impact incidents, there is a growing demand for automobiles equipped with side airbags to improve occupant safety. The Middle East & Africa region has experienced an increase in demand for luxury vehicles, notably in rich markets like the United Arab Emirates (UAE), Saudi Arabia, and Qatar. Luxury vehicle manufacturers frequently include advanced safety measures as standard or optional equipment, such as side airbags, to appeal to the desires of high-end customers. Continuous developments in airbag technology have made side airbags more effective and dependable in protecting people in side-impact incidents. These improvements include equipment like side curtain airbags, thorax airbags, and seat-mounted airbags, which give comprehensive protection to occupants in a variety of side-impact scenarios. Polyester materials, such as polyester cloth, are often less expensive than traditional materials like nylon. Polyester's cost advantage makes it an appealing option for car makers, particularly in places where economic concerns play an important role in purchasing decisions. Polyester is extensively available and easily accessible throughout the Middle East & Africa region. Its availability in a variety of forms, including cloth and fibers, makes it an attractive option for automotive airbag producers seeking to source components locally and streamline supply chains. Polyester materials have exceptional durability and strength, making them ideal for use in car airbags. They can withstand the enormous forces created during airbag deployment and offer dependable protection to people in the case of a collision.

Based vehicle type segment of the market is bifurcated into passenger vehicle, and commercial vehicle. Commercial vehicle type is expected to grow at rapid pace Middle East & Africa automotive airbag market. Based on distribution channel segment market includes OEM and aftermarket. Aftermarket distribution channel is predicted to grow at fastest rate in Middle East & Africa automotive airbag market.

The Middle East & Africa region is undergoing tremendous economic expansion and industrial development, which has resulted in a surge in commercial operations such as logistics, transportation, construction, and mining. As a result, there is an increase in demand for commercial vehicles to support these operations, which is fueling the commercial vehicle segment's rise. Many firms in the Middle East & Africa region are modernizing their car fleets to meet environmental rules, increase fuel efficiency, and improve safety standards. As part of the fleet modernization process, commercial vehicle operators are investing in newer models that include enhanced safety features such as airbags. The Middle East & Africa region is witnessing fast urbanization and economic growth, resulting in an increase in automobile ownership. As the vehicle fleet grows, demand for aftermarket products and services, such as airbags, is likely to increase, fueling expansion in the aftermarket distribution channel. The aftermarket distribution channel offers a diverse selection of replacement parts and components, including airbags, to fulfill the demands of vehicle owners and repair shops. Aftermarket manufacturers and distributors provide a wide range of solutions, including OEM-equivalent and aftermarket airbag systems, to meet a variety of budgetary and quality needs. The automotive aftermarket industry in the Middle East and North Africa is expanding due to rising demand for car maintenance and repair services. Repair shops and service facilities play an important role in the installation and replacement of airbag systems, contributing to the growth of the aftermarket distribution channel.

Based on report market includes three major countries including United Arab Emirates, Saudi Arabia and South Africa. Saudi Arabia is predicted to play key role in Middle East & Africa automotive airbag market.

Saudi Arabia has a stable and rising economy, thanks to its large oil reserves and ambitious economic diversification plans detailed in Vision 2030. This economic stability creates an enabling climate for the automobile industry to prosper, including the adoption of modern safety devices like automotive airbags. Saudi Arabia's automotive industry is one of the largest in the Middle East and Africa, with high car ownership rates and significant consumer demand for new automobiles. The country's growing population, urbanization, and rising disposable incomes all contribute to the automotive sector's consistent expansion, providing chances for airbag manufacturers and suppliers to extend their market position. The Saudi government has prioritized road safety as part of its Vision 2030 strategy, launching programs to reduce traffic accidents and fatalities. This includes the implementation of severe safety laws and requirements for automobiles sold in the country, which increases demand for modern safety features like airbags. Saudi Arabia is actively developing its automotive manufacturing and assembly skills, including the formation of industrial zones and incentives to attract foreign investment in the sector. The localization of automobile production facilities in the country creates prospects for the integration of airbag systems into locally built vehicles, hence promoting market growth. Saudi Arabia's automotive industry is forging strategic partnerships and collaborations with global OEMs and technology suppliers to enhance its capabilities and competitiveness in the market. These partnerships often involve technology transfer, joint research and development initiatives, and localized production of airbag systems tailored to the specific requirements of the Saudi Arabian market.

The market is moderately fragmented, with a number of local players. These market competitors are attempting to increase their market share by implementing various marketing methods such as new product launches, investments, collaborations, and mergers and acquisitions. Companies are also investing in the creation of improved products. Furthermore, they are emphasizing on competitive pricing. In November 2020, INVISTA expanded its manufacturing facilities in China to meet worldwide demand. Various developmental tactics, including as business expansion, investments, new product launches, acquisition, partnerships, joint ventures, and mergers, promote market growth and provide attractive growth prospects for market participants.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automotive Airbag market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Frontal Airbag
• Side Airbag
• Knee Airbag
• Others (Rear Airbags, Centre Console Airbags, Inflatable Seat Belts)

By Materials
• Nylon 6.6
• Polyester Fiber
• Other (Aramid (Nomex))

By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle

By Distribution Channel
• OEM
• Aftermarket

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automotive Airbag industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.***Please Note: It will take 48 hours (2 Business days) for delivery of the report upon order confirmation.