Automotive Airbag Inflators Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Automotive airbag inflators are a component of an airbag inflator system that produces gas to inflate airbags. Airbag inflators in automobiles play a critical role in driver and passenger safety. Airbag inflators are part of the vehicle's occupant protection system and are planned and incorporated into it. The National Highway Traffic Safety Administration (NHTSA) has issued new guidelines for the use of side airbags. Currently, airbags are being installed in luxury and medium range cars.

MARKET DYNAMICS

Due to numerous factors such as technological convergence, regulatory pressure, and customer demand, the global airbag inflators market is rapidly expanding. There are major opportunities in the market; however, fierce competition among airbag inflator manufacturers is preventing new players from entering. Furthermore, establishing plants and competing with established players necessitates a significant capital investment. Lately, global car demand has risen dramatically. Because of the introduction of government regulations requiring the use of airbags in passenger cars in major countries, the airbag inflators market is expected to grow significantly during the forecast period.

MARKET SCOPE

The "Automotive airbag inflators Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Automotive airbag inflators market with detailed market segmentation by form and distribution channel. The Automotive airbag inflators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Automotive airbag inflators market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Automotive airbag inflators market is segmented into Type and Application. By Type, the Automotive airbag inflators market is classified into pyrotechnic inflators, hybrid inflators and others. By Application, the Automotive airbag inflators market is classified into passenger vehicles, heavy commercial vehicles and light commercial vehicles.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the Automotive airbag inflators market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Automotive airbag inflators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the Automotive airbag inflators market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Automotive airbag inflators market in these regions.

MARKET PLAYERS

The report covers vital developments in the Automotive airbag inflators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Automotive airbag inflators market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive airbag inflators in the global market. Below mentioned is the list of few companies engaged in the Automotive airbag inflators market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Automotive airbag inflators market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   ACS Industries, Inc.
  
•   Aptiv
  
•   Autoliv Inc.
  
•   ARC Automotive
  
•   Daicel Corporation
  
•   Joyson Safety Systems
  
•   Simgrosys
  
•   TOYODA GOSEI Co., Ltd.
  
•   Tenaris
  
•   ZF Friedrichshafen AG
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Automotive Airbag Inflators Report Scope