Press release
Automotive Pyrotechnic Airbag Inflators Market Share Driven by Passenger Vehicle Safety Adoption | Valuates Reports
Automotive Pyrotechnic Airbag Inflators MarketThe global market for Automotive Pyrotechnic Airbag Inflators was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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The Automotive Pyrotechnic Airbag Inflators Market is witnessing strong market growth as vehicle manufacturers increasingly focus on passenger safety and compliance with stringent automotive safety regulations. Market trends indicate rising adoption of pyrotechnic inflators in passenger cars and commercial vehicles to ensure rapid airbag deployment, enhance occupant protection, and reduce accident-related injuries. These developments are contributing to the overall market size and shaping long-term market forecast.
By type, the Driver Airbag Inflators segment holds the largest market share, owing to its critical role in frontal collision safety and widespread integration across vehicle models. The Passenger Airbag Inflators segment is growing steadily, driven by rising adoption in family and premium cars, while the Side and Knee Airbag Inflators segment is emerging as a fast-growing segment due to enhanced vehicle safety designs and expanding regulatory requirements.
By application, the Passenger Car segment dominates the market share, supported by increasing production of new cars equipped with advanced airbag systems. The Commercial Vehicle segment is projected to witness notable market growth, driven by fleet safety initiatives, regulatory compliance, and the modernization of commercial transport vehicles.
Looking ahead, the Automotive Pyrotechnic Airbag Inflators Market is expected to sustain strong market growth, fueled by continuous innovations in inflator technology, stricter safety regulations, and the rising emphasis on vehicle occupant protection. The market forecast suggests broader adoption across both passenger and commercial vehicles globally.
by Type
• Driver Airbag Inflators
• Passenger Airbag Inflators
• Side and Knee Airbag Inflators
by Application
• Passenger Car
• Commercial Vehicle
By Company
Autoliv, Hyundai Mobis, Nihon Plast, Ashimori, East Joy Long, Nippon Kayaku, Joyson Safety Systems, Daicel Corporation, ZF, Toyoda Gosei
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