Automotive Airbag Inflator Market

The global Automotive Airbag Inflator market was valued at 3323.57 Million USD in 2021 and will grow with a CAGR of 4.96% from 2021 to 2027, based on Research newly published report.

The prime objective of Automotive Airbag Inflator Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Airbag Inflator Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Automotive airbag inflators are one of the main components of airbag system. It is majorly made of member chamber consists of chemical propellants or stored gas or both, which are ignited to inflate the airbag during the vehicle crash. Different airbag type employs different airbag inflator technologies in the automotive industry.The Automotive Airbag Inflator is classified into Pyrotechnic Gas Inflator, Hybrid Gas Inflator and Stored Gas Inflator according to the product type. As of 2019, Pyrotechnic Gas Inflator segment occupied the largest market contributing more than 56% of the total market share, followed by Hybrid Inflator, with nearly 28% share. The Automotive Airbag Inflator market is very concentrated market; key players include Autoliv, Daicel Corporation, ZF TRW, Joyson Safety Systems, Nippon Kayaku and ARC Automotive Inc., etc.; the revenue of top five manufacturers accounts about 90% of the total revenue in 2019. Rising vehicle accidents and crashes with increasing on-road traffic will drive the market size over the forecast period. Automobile manufacturers are adapting crash avoidance measures during vehicle engineering to ensure passenger safety. The Automotive Airbag Inflator have wide range of applications: Frontal Airbags, Side Airbags, Curtain Airbags, Knee Airbags and Others. Frontal Airbags consumed the largest part, with about 43% of the market share by sales volume in 2019, followed by Side Airbags (about 41%).

By Market Verdors:

ARC Automotive Inc.

Autoliv

Daicel Corporation

Joyson Safety Systems

Nippon Kayaku

ZF TRW

By Types:

Pyrotechnic Gas Inflator

Hybrid Gas Inflator

Stored Gas Inflator

By Applications:

Frontal Airbag

Side Airbag

Curtain Airbag

Knee Airbag

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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