Automotive Airbag Inflators Market likely to be US$ 5.2 billion opportunity in 2023

Stratview Research announces the launch of a new market research report on Global Automotive Airbag Inflators Market by Vehicle Type (Compact Car, Midsize Car, Large Car, MPV and LCV, SUV, and Others), by Airbag Type (Driver Airbag, Passenger Airbag, Side Airbag, Knee Airbag, and Curtain Airbag), by Inflator Type (Pyrotechnic, Stored Gas, and Hybrid), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018 – 2023

This market report from Stratview Research studies the automotive airbag inflators market over the period 2012 to 2023. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Automotive Airbag Inflators Market: Highlights
The automotive airbag inflators market is projected to reach an estimated value of US$ 5.2 billion in 2023, which offers an opportunity to the automotive industry players to align themselves with the market growth.

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The author stated that pyrotechnic inflators are the most dominant type in the global automotive airbag inflators market. Expected growth in automotive production, introduction of more bags per car, growth in Asia Pacific, and increasing safety standards across the globe are the major drivers of airbag inflators market.

Europe is the largest market for airbag inflators. Asia-Pacific, however, is expected to be the dominant market for airbag inflators during the forecast period. Asia-Pacific is set to experience the highest growth in the coming years with most of the growth coming from developing nations including India and China.

The key airbag inflator suppliers for automotive industry are Autoliv, Takata, ZF TRW, Key Safety Systems, Daicel Corporation and Toyodo Gosei.
New product development, light weighing, collaboration with customers, and long term contracts are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

The automotive airbag inflators market is segmented into the following categories.

Automotive Airbag Inflators Market by Vehicle Type:
• Compact Car
• Mid-Size Car
• Large Car
• MPV & LCV
• SUV
• Others

Automotive Airbag Inflators by Airbag Type:
• Front Airbag
• Side Airbag
• Knee Airbag
• Curtain Airbag

Automotive Airbag Inflators Market by Inflator Type:
• Pyrotechnic Inflators
• Stored Gas Inflators
• Hybrid Inflators

Automotive Airbag Inflators Market by Region:
• North America
o Vehicle Type Analysis (Compact Car, Mid-size Car, Large Car, MPV & LCV, SUV, and Others)
o Country Analysis (the USA, Canada, and Mexico)
• Europe
o Vehicle Type Analysis (Compact Car, Mid-size Car, Large Car, MPV & LCV, SUV, and Others)
o Country Analysis (Germany, Spain, France, Italy, the UK, Russia, and Others)
• Asia-Pacific
o Vehicle Type Analysis (Compact Car, Mid-size Car, Large Car, MPV & LCV, SUV, and Others)
o Country Analysis (China, Japan, India, South Korea, and Others)
• Rest of the World

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This release was published on openPR.