Market Overview:
The global commercial vehicle airbag inflator market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial vehicles and rising awareness about safety features in vehicles. The pyrotechnic inflator segment is expected to hold the largest share of the global commercial vehicle airbag inflator market by type during the forecast period. This can be attributed to its low cost and high reliability as compared to other types of inflators. The frontal airbags segment is expected to hold the largest share of the global commercial vehicle airbag inflator market by application duringthe forecast period, owingtoits high demand in passenger cars and SUVs.
Product Definition:
A commercial vehicle airbag inflator is a device used to inflate an airbag in a commercial vehicle. The purpose of the inflator is to rapidly fill the airbag with gas, which cushions the impact of the driver or passengers during a collision. The inflator is important because it helps protect drivers and passengers from serious injury in the event of a collision.
Pyrotechnic Inflator:
Pyrotechnic Inflator is a device that produces sparks for the purpose of inflation of airbags in an automotive seat belt. It works on the principle of pyroelectric material which generates heat energy by means of frictionless mechanism, when it is stimulated with electrical current.
Stored Gas Inflator:
Stored gas inflator is a device that is used in the automotive industry to inflate the airbags in case of an accident or crash. It works by pressurizing stored gas into a balloon, which then expands to fill the bags. The technology was first developed for aircraft seat back padding and has since been adopted for other applications such as car seats and truck bed liners.
Application Insights:
On the basis of application, the global commercial vehicle airbag inflator market is segmented into curtain airbags, frontal airbags, knee bags and external bags. The curtain bag segment held a major share in 2017 owing to its extensive use in various applications such as film shoots and live shows. It is also used for safety purposes during travel by providing protection from windblast and other injuries caused by flying debris.
The knee bag application segment is expected to witness significant growth over the forecast period due to increasing awareness among drivers regarding safety measures while driving on rough roads at high speeds. This has led to an increase in demand for these inflatable restraint systems that protect drivers from severe injuries if they were involved in a collision with another vehicle or object at high speed while traveling on roadways across the globe.
Regional Analysis:
Asia Pacific is expected to be the fastest growing region with a CAGR of XX% from 2018 to 2030 owing to increasing road accidents and rising disposable income in emerging economies such as China, India, and Indonesia. In addition, stringent government regulations pertaining to airbags are also anticipated to drive the market in APAC over the forecast period. For instance, according to Ministry of Road Transport & Highways (MoRT&H) Government of India has mandated that every commercial vehicle must have passenger-side front airbags as standard equipment by October 2019.
North America was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for commercial vehicles
- Growing awareness about the benefits of airbag inflators
- Technological advancements in airbag inflator systems
- Stringent safety regulations for commercial vehicles
- Rising demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Vehicle Airbag Inflator Market Research Report
By Type
Pyrotechnic Inflator, Stored Gas Inflator, Hybrid Inflator
By Application
Curtain airbags, Frontal airbags, Knee airbags, External airbags
By Companies
DAICEL, ARC Automotive, Tenaris, Autoliv, ZF TRW, Key Safety Systems, Joyson Safety Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Vehicle Airbag Inflator Market Report Segments:
The global Commercial Vehicle Airbag Inflator market is segmented on the basis of:
Types
Pyrotechnic Inflator, Stored Gas Inflator, Hybrid Inflator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Curtain airbags, Frontal airbags, Knee airbags, External airbags
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DAICEL
- ARC Automotive
- Tenaris
- Autoliv
- ZF TRW
- Key Safety Systems
- Joyson Safety Systems
Highlights of The Commercial Vehicle Airbag Inflator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pyrotechnic Inflator
- Stored Gas Inflator
- Hybrid Inflator
- By Application:
- Curtain airbags
- Frontal airbags
- Knee airbags
- External airbags
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Vehicle Airbag Inflator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A commercial vehicle airbag inflator is a device that attaches to the airbag in a commercial vehicle and inflates it in the event of an accident. This prevents injuries to passengers by deploying the airbag quickly and safely.
Some of the key players operating in the commercial vehicle airbag inflator market are DAICEL, ARC Automotive, Tenaris, Autoliv, ZF TRW, Key Safety Systems, Joyson Safety Systems.
The commercial vehicle airbag inflator market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Commercial Vehicle Airbag Inflator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Commercial Vehicle Airbag Inflator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Commercial Vehicle Airbag Inflator Market - Supply Chain
4.5. Global Commercial Vehicle Airbag Inflator Market Forecast
4.5.1. Commercial Vehicle Airbag Inflator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Commercial Vehicle Airbag Inflator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Commercial Vehicle Airbag Inflator Market Absolute $ Opportunity
5. Global Commercial Vehicle Airbag Inflator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Type
5.3.1. Pyrotechnic Inflator
5.3.2. Stored Gas Inflator
5.3.3. Hybrid Inflator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Commercial Vehicle Airbag Inflator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Application
6.3.1. Curtain airbags
6.3.2. Frontal airbags
6.3.3. Knee airbags
6.3.4. External airbags
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Commercial Vehicle Airbag Inflator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Commercial Vehicle Airbag Inflator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Commercial Vehicle Airbag Inflator Demand Share Forecast, 2019-2026
9. North America Commercial Vehicle Airbag Inflator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Application
9.4.1. Curtain airbags
9.4.2. Frontal airbags
9.4.3. Knee airbags
9.4.4. External airbags
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Type
9.7.1. Pyrotechnic Inflator
9.7.2. Stored Gas Inflator
9.7.3. Hybrid Inflator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Commercial Vehicle Airbag Inflator Demand Share Forecast, 2019-2026
10. Latin America Commercial Vehicle Airbag Inflator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Application
10.4.1. Curtain airbags
10.4.2. Frontal airbags
10.4.3. Knee airbags
10.4.4. External airbags
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Type
10.7.1. Pyrotechnic Inflator
10.7.2. Stored Gas Inflator
10.7.3. Hybrid Inflator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Commercial Vehicle Airbag Inflator Demand Share Forecast, 2019-2026
11. Europe Commercial Vehicle Airbag Inflator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Application
11.4.1. Curtain airbags
11.4.2. Frontal airbags
11.4.3. Knee airbags
11.4.4. External airbags
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Type
11.7.1. Pyrotechnic Inflator
11.7.2. Stored Gas Inflator
11.7.3. Hybrid Inflator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Commercial Vehicle Airbag Inflator Demand Share, 2019-2026
12. Asia Pacific Commercial Vehicle Airbag Inflator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Application
12.4.1. Curtain airbags
12.4.2. Frontal airbags
12.4.3. Knee airbags
12.4.4. External airbags
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Type
12.7.1. Pyrotechnic Inflator
12.7.2. Stored Gas Inflator
12.7.3. Hybrid Inflator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Commercial Vehicle Airbag Inflator Demand Share, 2019-2026
13. Middle East & Africa Commercial Vehicle Airbag Inflator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Application
13.4.1. Curtain airbags
13.4.2. Frontal airbags
13.4.3. Knee airbags
13.4.4. External airbags
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Commercial Vehicle Airbag Inflator Market Size and Volume Forecast by Type
13.7.1. Pyrotechnic Inflator
13.7.2. Stored Gas Inflator
13.7.3. Hybrid Inflator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Commercial Vehicle Airbag Inflator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Commercial Vehicle Airbag Inflator Market: Market Share Analysis
14.2. Commercial Vehicle Airbag Inflator Distributors and Customers
14.3. Commercial Vehicle Airbag Inflator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DAICEL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ARC Automotive
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tenaris
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Autoliv
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ZF TRW
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Key Safety Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Joyson Safety Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
