Global Automotive Airbag Inflator Market, By Inflator Type (Stored Gas, Pyrotechnic, Hybrid, Cold Gas Inflator, Hot Gas Inflator), Airbag Position (Driver Airbag, Passenger Airbag, Knee Airbag, Side Airbag, Frontal Airbag, External Airbag, Curtain Airbag), Vehicle Type (Compact Car, Mid-Size Car, Large Car, SUV, Passenger Vehicle, Light Commercial Vehicle (LCV) and Heavy Commercial Vehicle (HCV), Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The airbag inflator market is expected to witness market growth at a rate of 5.09% in the forecast period of 2021 to 2028. Data Bridge Market Research report on airbag inflator market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Automotive airbag inflators are a part of an automotive airbag inflator system, which produces gas to inflate the airbags. An airbag is one of the vehicle safety devices which is fitted between front seats, and the inflator is an important part that produces a precise amount of gas which inflates the airbag. Automotive airbag inflators are created to offer safety passenger and driver.
Major factors that are expected to boost the growth of the airbag inflator market in the forecast period are the rising alertness of the traffic and vehicular security among the customers, application of strict government guidelines related to the adoption of airbags in the automobiles and the new safety orders issued in major countries around the world. Furthermore, the technology developments like the introduction of flexible vent technology, the growing demand of the customers and the increasing number of accidents are few of the factors further anticipated to propel the growth of the airbag inflator market. Moreover, the rules and regulations and the growing need for better quality products are further estimated to cushion the growth of the airbag inflator market.
On the other hand, the strong competition amongst the manufacturers of airbag inflators and a product recall are some of the other factors expected to further impede the growth of the airbag inflator market in the coming years. In addition, the automotive manufacturers attempt to provide different and unique features at competitive prices which will further offer growth opportunities for the airbag inflator market in the near future.
This airbag inflator market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the airbag inflator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Airbag Inflator Market Scope and Market Size
The airbag inflator market is segmented on the basis of inflator type, airbag position and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the inflator type, the airbag inflator market is segmented into stored gas, pyrotechnic, hybrid, cold gas inflator, hot gas inflator.
- Based on the airbag position, the airbag inflator market is segmented into driver airbag, passenger airbag, knee airbag, side airbag, frontal airbag, external airbag, curtain airbag.
- Based on the vehicle type, the airbag inflator market is segmented into compact car, mid-size car, large car, SUV, passenger vehicle, light commercial vehicle (LCV) and heavy commercial vehicle (HCV), others.
Airbag Inflator Market Country Level Analysis
The airbag inflator market is analysed and market size, volume information is provided by country, inflator type, airbag position and vehicle type as referenced above.
The countries covered in the airbag inflator market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the airbag inflator market because of the trend of big vehicles such as SUV and mini trucks. Furthermore, the increasing probability of traffic related accidents due to the high-performance cars plying on the roads which will further boost the growth of the airbag inflator market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the airbag inflator market because of the increase in the sales of passenger cars and trucks and the initiatives taken by the government. Moreover, the growing number of accidents and the rising of the safety concerns is further anticipated to further propel the growth of the airbag inflator market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Airbag Inflator Market Share Analysis
The airbag inflator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to airbag inflator market.
The major players covered in the airbag inflator market report are TOYODO GOSEI Co., Ltd., ZF Friedrichshafen AG, ARC Automotive, Inc, Daicel Corporation, Jinzhou Jinheng Automotive Safety System Co., Ltd., Takata Corporation, Autoliv Inc., Aptiv., Joyson Safety Systems, Nippon Kayaku Co., Ltd., Ashimori Industry; Co., Ltd, BorgWarner Inc., TRW Automotive Holdings Corp, HUAYU Automotive Systems Co Ltd, Tenaris., JOYSON, HASCO CO., LTD., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.