Automotive Airbag Inflators Market (Updated Version Available)

Report Overview

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.
This research report gives detailed data about the major factors influencing the growth of the Automotive Airbag Inflators market at the national and local level forecast of the market size, in terms of value, market share by region, and segment; regional market positions; segment and country opportunities for growth; Key company profiles, SWOT, product portfolio and growth strategies. It studies the market\'s essential sides such as top participants, expansion strategies, business models, and other market features to improve market insight.

The report forecast global Automotive Airbag Inflators market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Automotive Airbag Inflators market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.


First, this report covers the present status and the future prospects of the global Automotive Airbag Inflators market for 2015-2027.
Market Segmentation
The Automotive Airbag Inflators market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
ARC Automotive. Inc
Key Safety Systems
Takata
ZF TRW
DAICEL
At the same time, we classify Automotive Airbag Inflators according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Pyrotechnic Inflator
Stored Gas Inflator
Hybrid Inflator
Market by Application
Passenger Car
Commercial Vehicle

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Airbag Inflators market for the forecast period 2021 - 2027?
• What are the driving forces in the Automotive Airbag Inflators market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Airbag Inflators industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

For any other requirements, please feel free to contact us and we will provide you customized report.