Market Overview:
The global automobile airbag inflators market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles, globally. Additionally, the stringent safety norms by regulatory authorities are also driving the demand for airbag inflators in automobiles. The pyrotechnic type segment is expected to hold a major share of the global automobile airbag inflators market during the forecast period from 2018 to 2030. This can be attributed to its low manufacturing cost and high efficiency as compared to other types of airbag inflators available in the market.
Product Definition:
An airbag inflator is a device that uses an explosive charge to rapidly inflate an airbag. The main purpose of the inflator is to ensure that the airbag deploys quickly and reliably in a collision.
Pyrotechnic:
Pyrotechnic is a material that produces light and color ( fireworks ) when it is heated. Pyrotechnics are used in airbag inflators for decorative purposes to enhance the consumer experience. In addition, pyrotechnics are also used as an indicator for the deployment of an airbag during a crash or inflation of an airbag.
Stored Gas:
Stored gas is used in automobile airbag inflators to provide the necessary pressure for deploying the airbags. The stored gas acts as a backup in case of battery failure or loss of other power sources. It is also used to inflate the bags even if there is low fuel level remaining in the tank, or if no source of electric current can be sourced.
Application Insights:
The commercial vehicles segment held the largest share of over 70.0% in 2017. The growth can be attributed to the rising number of road accidents and increasing government regulations on safety for passengers and drivers. For instance, in June 2018, Euro NCAP tested various types of airbags including those with pyrotechnic charges, stored gas pressure and hybrid technology among other things.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to stringent regulations by the U.S. government and high awareness among consumers about airbags, which resulted in higher penetration rates of automotive airbag inflators in this region as compared to other regions. The presence of major automobile manufacturers such as Ford Motors Co., General Motors Company, and Fiat Chrysler Automobiles N.V.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 due to increasing road accidents.
Growth Factors:
- Increasing demand for automobiles
- Technological advancements in airbag inflators
- Stringent safety norms by regulatory authorities
- Rising disposable income of consumers
- Growing awareness about the benefits of airbag inflators
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Airbag Inflators Market Research Report
By Type
Pyrotechnic, Stored Gas, Hybrid
By Application
Commercial Vehicles, Passenger Vehicles
By Companies
Autoliv Inc., ARC Automotive Inc., Joyson Safety Systems, Toyodo Gosei, ZF TRW, Daicel Corporation, Nippon Kayaku Co.,Ltd
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Airbag Inflators Market Report Segments:
The global Automobile Airbag Inflators market is segmented on the basis of:
Types
Pyrotechnic, Stored Gas, Hybrid
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
Commercial Vehicles, Passenger Vehicles
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:
- Autoliv Inc.
- ARC Automotive Inc.
- Joyson Safety Systems
- Toyodo Gosei
- ZF TRW
- Daicel Corporation
- Nippon Kayaku Co.,Ltd
Highlights of The Automobile Airbag Inflators 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
- Stored Gas
- Hybrid
- By Application:
- Commercial Vehicles
- Passenger Vehicles
- 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 Automobile Airbag Inflators 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An automobile airbag inflator is a device that is used to inflate an airbag in a motor vehicle.
Some of the key players operating in the automobile airbag inflators market are Autoliv Inc., ARC Automotive Inc., Joyson Safety Systems, Toyodo Gosei, ZF TRW, Daicel Corporation, Nippon Kayaku Co.,Ltd.
The automobile airbag inflators market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Airbag Inflators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Airbag Inflators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Airbag Inflators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Airbag Inflators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Airbag Inflators Market Size & Forecast, 2018-2028
4.5.1 Automobile Airbag Inflators Market Size and Y-o-Y Growth
4.5.2 Automobile Airbag Inflators Market Absolute $ Opportunity
Chapter 5 Global Automobile Airbag Inflators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Airbag Inflators Market Size Forecast by Type
5.2.1 Pyrotechnic
5.2.2 Stored Gas
5.2.3 Hybrid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Airbag Inflators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Airbag Inflators Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Passenger Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Airbag Inflators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Airbag Inflators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Airbag Inflators Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Airbag Inflators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Airbag Inflators Market Size Forecast by Type
9.6.1 Pyrotechnic
9.6.2 Stored Gas
9.6.3 Hybrid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Airbag Inflators Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Passenger Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Airbag Inflators Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Airbag Inflators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Airbag Inflators Market Size Forecast by Type
10.6.1 Pyrotechnic
10.6.2 Stored Gas
10.6.3 Hybrid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Airbag Inflators Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Passenger Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Airbag Inflators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Airbag Inflators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Airbag Inflators Market Size Forecast by Type
11.6.1 Pyrotechnic
11.6.2 Stored Gas
11.6.3 Hybrid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Airbag Inflators Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Passenger Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Airbag Inflators Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Airbag Inflators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Airbag Inflators Market Size Forecast by Type
12.6.1 Pyrotechnic
12.6.2 Stored Gas
12.6.3 Hybrid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Airbag Inflators Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Passenger Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Airbag Inflators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Airbag Inflators Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Airbag Inflators Market Size Forecast by Type
13.6.1 Pyrotechnic
13.6.2 Stored Gas
13.6.3 Hybrid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Airbag Inflators Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Passenger Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Airbag Inflators Market: Competitive Dashboard
14.2 Global Automobile Airbag Inflators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv Inc.
14.3.2 ARC Automotive Inc.
14.3.3 Joyson Safety Systems
14.3.4 Toyodo Gosei
14.3.5 ZF TRW
14.3.6 Daicel Corporation
14.3.7 Nippon Kayaku Co.,Ltd
