Press release
Top Emerging Trends Impacting the Automotive Airbag Inflator Market from 2019 – 2023 | Global Key Vendors - Autoliv, Aptiv, Takata, ZF TRW, Ningbo Joyson Electronic, HUAYU Automotive Systems, Toyoda Gosei
Automotive Airbag Inflator Market
Overview of the Global Automotive Airbag Inflator Market:
The Global Automotive Airbag Inflator Market is anticipated to grow to USD 400 Million over the forecast period (2019 - 2023). Increasing regulatory requirements regarding vehicle safety and rising awareness about customer safety, globally, are driving the automotive airbag inflator market. Furthermore, the increase in the penetration of side-impact and curtain airbags, and vehicle production, the introduction of more bags per car, are the major factors that drive the growth of the automotive airbag inflator market.
In US, the National Highway Traffic Safety Administration (NHTSA) introduced new regulations for adopting side airbags, which is likely to be mandated for all vehicles by 2018. Additionally, many automobile manufacturers are investing significantly in R&D for the manufacture of affordable and advanced airbag inflators to meet the increasing demand for airbag systems.
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One of the latest trends in the market is the introduction of flexible vent technology, which ensures that the inflation of airbags is not reliable on the sensors. A smart air pressure control mechanism regulates inflation by controlling the airflow through the vent. The advancement in technology is expected to promote the growth of the global automotive airbag inflators market over the forecast period.
Competitors Analysis; In 2016, Europe is the largest market for airbag inflators due to various government initiatives toward passenger safety such as, the introduction of crash tests for frontal and side impact protection, sub-system tests for pedestrian protection, and anti-lock braking requirements. However, Asia-Pacific is expected to lead the market over the forecast period, because of countries, like India and China, where vehicle production is the highest in the world. With China’s CNAP (China’s New Car Assessment Program) initiatives, the Chinese government has mandated the use of seat belts and frontal airbags, which is expected to increase the demand for airbag inflators in the region.
A complete analysis of the competitive landscape of the Global Automotive Airbag Inflator Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Automotive Airbag Inflator Market players.
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Major Key Players:
1 Autoliv Inc.
2 Aptiv PLC
3 Takata Corporation
4 ZF TRW
5 Ningbo Joyson Electronic Corporation
6 HUAYU Automotive Systems
7 Toyoda Gosei and More………………
This comprehensive Automotive Airbag Inflator Market research report 2019 – 2023 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
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Table of Contents:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Overview and Trends
5 Market Dynamics
6 Global Automotive Airbag Inflator Market Segmentation, by Airbag Type
7 Global Automotive Airbag Inflator Market Segmentation, by Inflator Type
8 Global Automotive Airbag Inflator Market Segmentation, by Vehicle Type
9 Global Automotive Airbag Inflator Market Segmentation, By Geography
10 Competitive Landscape
11 Company Profiles
12 Future Outlook
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