Automotive Airbag Inflators Market Size, Share, Trends, Growth by Segments, Companies, Regions, Statistics, Industry Overview & Forecast to 2030
Research Reports
Apr 21, 2022
Automotive Airbag Inflators Market Overview
The Automotive Airbag Inflator Market is projected to grow at a CAGR of 4% during the forecast period 2022-2030. As per the automotive airbag inflator market research report, the global market for automotive airbag inflator is anticipated to grow rapidly. As per analysts, greater emphasis on consumer safety along with the growing demand for different types of airbags will drive the market growth throughout the forecast period.
The automotive airbag inflator market research report provides an in-depth analysis of the global automotive airbag inflator market and its airbag position, vehicle type, and type segments. The high cost, as well as stringent regulations regarding approval, are the factors which could affect the automotive airbag inflator market growth during the forecast period. The automotive airbag inflator market research report by expert analysts is intended to help companies in the automotive airbag inflator market.
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Competitive Landscape
The different and unique features and consumer safety related concerns are expected to accelerate the automotive airbag inflator market growth worldwide. The global automotive airbag inflator market is set to witness challenges including lack of awareness, however, companies in the automotive airbag inflator market will sustain the growth rate. The automotive airbag inflator market research report also offers company profiles of key players operating in the automotive airbag inflator market around the world.
Additionally, the global automotive airbag inflator market report provides detailed analysis of the market based on primary and secondary research data collected from the automotive airbag inflator market’s key decision makers as well as stakeholders. The automotive airbag inflator market research report covers all such factors assisting companies in the automotive airbag inflator market to improve their plans and portfolio.
The key players in automotive airbag inflator market are ARC Automotive, Inc. (U.S.), Daicel Corporation (Japan), Jinzhou Jinheng Automotive Safety System Co., Ltd. (China), Takata Corporation (Japan), and Autoliv Inc. (Sweden). Toyoda Gosei Co., Ltd. (Japan), Key Safety Systems (U.S.), TRW Automotive (U.S.), and Aptiv PLC (U.S.) are among others.
Automotive Airbag Inflators MarketSegmentation
The global automotive airbag inflator market has been segmented based on airbag position, vehicle type, and type. On the basis of type, the market for automotive airbag inflator is segmented based on cold gas inflator, hot gas inflator, hybrid, pyrotechnic, stored gas. Additionally, the market on the basis of airbag position, is segmented into curtain, external, frontal, side, knee. The global market for automotive airbag inflator is also covered based on vehicle type segment which is further split into HCV, LCV, and passenger Vehicle.
Key influences such as the availability of substitutes could obstruct the automotive airbag inflator market growth. However, as per the automotive airbag inflator market research report, increased awareness of traffic, as well as buyer-centric market, will drive growth during the forecast period. These key growth factors will help support the automotive airbag inflator market growth at a high CAGR of 4% from 2022 to 2030.
The segmental analysis of airbag position, vehicle type, and type segments as well as regional market analysis has been presented in the global automotive airbag inflator market research report. Analysts studying the automotive airbag inflator market have presented projections in the automotive airbag inflator market research report assisting automotive airbag inflator market-based companies in numerous ways. The automotive airbag inflator market research report offers crucial details about the automotive airbag inflator market based on the data and forecasts till 2023.
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Regional Overview
North America, Asia Pacific, Europe, and Rest of the World regional markets for automotive airbag inflator are primarily covered in the global automotive airbag inflator market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level automotive airbag inflator markets are covered in the report.
In Asia-Pacific (APAC) region, the country-level automotive airbag inflator markets covered are China, India, Japan, and others. The automotive airbag inflator market research report also covers the regional market for automotive airbag inflator spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The automotive airbag inflator market research report further explores other regional markets from the rest of the world including automotive airbag inflator markets of the Middle East and Africa. As per the global automotive airbag inflator market research report.
Industry News
An offer by Ford and Mazda to defer recalling around three million vehicles with potentially dangerous airbag inflators was denied by the US State Authority’s highway protection department. The national road safety authority said on Tuesday there were signs of drops and a safety risk of the ammonium nitrate propellant used to inflate the airbags of the driver. The businesses now have 30 days to contact the agency to start the reminders.
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