Latin America Automotive Curtain Airbags Market Size & Outlook
The automotive curtain airbags market in Latin America is expected to reach a projected revenue of US$ 464.3 million by 2030. A compound annual growth rate of 6.1% is expected of Latin America automotive curtain airbags market from 2024 to 2030.
Revenue, 2023 (US$M)
$306.7
Forecast, 2030 (US$M)
$464.3
CAGR, 2024 - 2030
6.1%
Report Coverage
Latin America
Latin America automotive curtain airbags market highlights
- The Latin America automotive curtain airbags market generated a revenue of USD 306.7 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, torso curtain airbags was the largest revenue generating type in 2023.
- Torso Curtain Airbags is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 306.7 million |
| Market revenue in 2030 | USD 464.3 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Torso curtain airbags |
| Fastest growing segment | Torso Curtain Airbags |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Torso Curtain Airbags |
| Key market players worldwide | ZF Group, Kolon Industries, Toray Industries Inc, Ashimori Industry, Toyoda Gosei Co Ltd, Sumitomo Corp, Yanfeng Automotive Interiors, TG Missouri, Scania |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global automotive curtain airbags market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,579.8 million by 2030.
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Automotive Curtain Airbags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Scania | View profile | 10001+ | Södertälje, Vasternorrlands Lan, Sweden, Europe | https://www.scania.com |
| TG Missouri | View profile | 251-500 | Perryville, Missouri, United States, North America | http://www.tgmissouri.com |
| Ashimori Industry | View profile | 1001-5000 | Settsu, Osaka, Japan, Asia | https://www.ashimori.co.jp/ |
| ZF Group | View profile | 10001+ | Friedrichshafen, Baden-Wurttemberg, Germany, Europe | http://zf.com |
| Yanfeng Automotive Interiors | View profile | 10001+ | Plymouth, Minnesota, United States, North America | http://www.yfai.com/ |
| Toyoda Gosei Co Ltd | View profile | 46519 | 1 Haruhinagahata, Aichi, Kiyosu, Japan, 452-8564 | http://www.toyoda-gosei.co.jp |
| Kolon Industries | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.kolonindustries.com/ |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
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