Mexico Airbag Systems Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Mexico Airbag System Market is segmented by Airbag Type (Curtain, Front, Knee, Slide and Others), Automobile Type (Passenger Cars, Commercial Vehicle), By End User (OEMs and Aftermarket)

Mexico Airbag Systems Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Mexico Airbag Systems Market Size

Mexico Airbag Systems Market Overview
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 7.00 %
Market Concentration High

Major Players

Mexico Airbag Systems Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Mexico Airbag Systems Market with other markets in Automotive Industry

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Automotive Technology

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Automotive Equipment

Mexico Airbag Systems Market Analysis

The Mexico Airbag Systems Market is expected to register a CAGR of greater than 7% during the forecast period.

  • Mexico has 12.3 road fatalities per million inhabitants per year in road traffic crashes involving cars and busses. Passenger safety is of the utmost importance to the government as well as the companies. Regulations towards consumer safety and security have made manufacturers install safety devices in the cars. The government has made usage of seat belts and airbags mandatory which has resulted in decline of deaths due to accidents from 2,921 in 2017 to less than 2,500 in 2019. Consequently, risk factors as seat-belt use, and drink and drive is one of the major cause of these fatalities.
  • The Airbag system requires advance technology and high initial investment. OEMs are opting for well-known manufacturers who are proving the airbag systems with advance technologies at low cost. This is limiting the penetration of new players into market. Many companies from North American region have set up their manufacturing units in Mexico due to low labour and production cost which is being supported by free trade deal between United States, Canada and Mexico. Mexico has exported more than 3.3 million vehicles in 2019. Although there has been decline in the production in past few years and on-going COVID-19 economic crisis, during the forecasted period the production is expected to increase at a steady pace which will help the Airbag system market to grow in Mexico.

Mexico Airbag Systems Industry Overview

This market is consolidated with major companies that are merging and acquiring other companies to maintain their position in the market. Key players in the market are Hyundai Mobis, ZF Friedrichshafen, Autoliv, DENSO Corporation, Toshiba Corporation, Key Safety Systems, Continental AG. In 2016 TRW was acquired by ZF Friedrichshafen AG. There is a recent development in roof type airbags.

There has been tremendous development in dual-stage airbags which are located at the location of seat belt and front seat, these airbags are used to prevent children and adults from getting injured during the collision. Since active safety systems are improving owing to the new technology, there might be a reduction in demand for passive safety systems like airbags and seatbelts in the future. On 7th March 2019, Indorama acquired German-based airbag fabric manufacturer UTT; deal includes a plant in Pueble.

Mexico Airbag Systems Market Leaders

  1. ZF Friedrichshafen  AG

  2. Autoliv Inc

  3. DENSO Corporation 

  4. Continental AG 

  5. Robert Bosch GmbH

  6. *Disclaimer: Major Players sorted in no particular order
ZF Friedrichshafen  AG, Autoliv Inc, DENSO Corporation,  Continental AG,  Robert Bosch GmbH
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Mexico Airbag Systems Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porters 5 Force Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Airbag Type
    • 5.1.1 Curtain
    • 5.1.2 Front
    • 5.1.3 Knee
    • 5.1.4 Sire
    • 5.1.5 Others
  • 5.2 Automobile Type
    • 5.2.1 Passenger Vehicles
    • 5.2.2 Commercial Vehicles
    • 5.2.3 Busses
    • 5.2.4 Truck
  • 5.3 Market by End Consumer
    • 5.3.1 OEMs
    • 5.3.2 After-Market

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Autoliv Inc
    • 6.2.2 Continental AG
    • 6.2.3 Delphi Automotive PLC
    • 6.2.4 Denso Corporation
    • 6.2.5 Hyundai Mobis Co Ltd
    • 6.2.6 Toshiba Corporation
    • 6.2.7 GWR safety systems
    • 6.2.8 ZF Friendrichshafen AG
    • 6.2.9 Robert Bosch GmbH
    • 6.2.10 Key Safety Systems
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Mexico Airbag Systems Industry Segmentation

The Mexico airbag system market report covers the latest trends and technological development in the automotive airbag system market, demand by airbag type, vehicle type, by user type, and market share of major automotive airbag system manufacturers across the country.

Airbag Type Curtain
Front
Knee
Sire
Others
Automobile Type Passenger Vehicles
Commercial Vehicles
Busses
Truck
Market by End Consumer OEMs
After-Market
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Mexico Airbag Systems Market Research FAQs

What is the current Mexico Airbag Systems Market size?

The Mexico Airbag Systems Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)

Who are the key players in Mexico Airbag Systems Market?

ZF Friedrichshafen  AG, Autoliv Inc, DENSO Corporation, Continental AG and Robert Bosch GmbH are the major companies operating in the Mexico Airbag Systems Market.

What years does this Mexico Airbag Systems Market cover?

The report covers the Mexico Airbag Systems Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Mexico Airbag Systems Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Mexico Airbag Systems Industry Report

Statistics for the 2025 Mexico Airbag Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Airbag Systems analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.