An airbag inflator receives a signal in the event of a vehicle collision and a chemical reaction generates nitrogen gas, which inflates the airbag.
One of the primary drivers for this market is the rise in automotive sales in emerging economies across the globe. Emerging markets have witnessed a steady growth in automobile sales due to strong economic growth, ideal demographics, and increased purchasing power of people. The economic growth in BRICS (Brazil, Russia, India, China, and South Africa) nations has propelled the growth in the automotive industry in the past few years. This has compelled several global automakers to partner with the domestic automakers of these emerging markets to enter this untapped market space. For instance, Ford teamed with Changan Auto, while BMW sells its cars in China through Brilliance China Automotive. Moreover, strong economic growth and the increased purchasing power create a strong market for luxury and premium vehicles, which will propel the market for automotive airbag inflators during the forecast period.
One of the latest trends gaining traction in this market is the introduction of flexible vent technology. The flexible vent technology ensures that the inflation of airbags is no more dependent on the sensors. A smart air pressure control mechanism regulates inflation by controlling the airflow through the vent. The conventional airbags used to get inflated by the release of energy through the inflator. The body size of the airbags is generally of the dual stage to accommodate with the severity of the accident. Inputs are taken from the electronic control unit (ECU) and a sensor that gives the position and weight of the driver, and the final inflation limit is controlled depending on the severity of the crash. This enhanced technological advancement in the technology will augment growth in the global automotive airbag inflators market in the coming years.
Global Automotive Airbag Inflators market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of 8.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Airbag Inflators.
This industry study presents the global Automotive Airbag Inflators market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Airbag Inflators production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Airbag Inflators in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders ARC Automotive. Inc, Key Safety Systems, etc.
The following manufacturers are covered in this report:
ARC Automotive. Inc
Key Safety Systems
Takata
ZF TRW
DAICEL
Automotive Airbag Inflators Breakdown Data by Type
Pyrotechnic Inflator
Stored Gas Inflator
Hybrid Inflator
Automotive Airbag Inflators Breakdown Data by Application
Passenger Car
Commercial Vehicle
Automotive Airbag Inflators Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automotive Airbag Inflators Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Airbag Inflators status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Airbag Inflators manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Airbag Inflators :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Airbag Inflators market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automotive Airbag Inflators . Industry analysis & Market Report on Automotive Airbag Inflators is a syndicated market report, published as Global Automotive Airbag Inflators Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automotive Airbag Inflators market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.