Automotive Airbag Inflators Market Report 2018: Industry Size, Share, Trends, Growth, and Key Players Analysis To 2023

Automotive Airbag Inflators Market Size, Share, Trends Analysis Research Report 2018 of 100 pages expands comprehensive information on Automotive Airbag Inflators Market by Inflator Type (Pyrotechnic, Stored Gas, and Hybrid), By Airbag Type (Driver Airbag, Front Passenger Airbag, Passenger Airbag, Curtain Airbag and Others), By Vehicle Type (Passenger Vehicles and Commercial Vehicles and by End Market (OEMs and Aftermarket) and By Region with Forecast To 2023.

Automotive Airbag Inflators Market Companies Analyzed in report are:

Bose Corporation (U.S.), Quanser Inc. (Canada), ZF Sachs AG (Germany), Daimler AG (Germany), Magneti Marelli S.p.A (Italy), Hitachi Automotive Systems, Ltd. (India), Porsche Cars North America, Inc (U.S.), LORD Corporation (U.S.), BWI Group (Dayton, Ohio), and Eaton Corporation Plc (Republic of Ireland).

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The global automotive airbag inflators market is evolving, and is expected to witness significant growth over the forecast period. The global market has witnessed rise in concern about vehicle safety among vehicle users with the increasing number of car crash and collision incidents. As a result, the demand for automotive airbag embedded vehicles have increased, which is expected to drive the market for automotive airbag inflators.

The global automotive airbag inflators market has largely been influenced by the growth in sales of passenger cars and trucks, and government initiatives on vehicle safety. Owing to this vehicle safety technology, there has been a rise in the adoption of automotive airbag inflators among the population. Additionally, the increasing safety concerns, government initiatives, and rising number of accidents, have augmented the market for automotive airbag inflators. The higher cost of automotive airbags vehicles, and low spending capacity in underdeveloped economies, are considered the restraints. The major trend in this market is growing sales of luxury vehicles.

Automotive Airbag Inflators Market Highlights:

There has been rise in the adoption of automotive airbag embedded vehicles, which positively impacts the market for automotive airbag inflators. The rising safety concerns due to the rise in number of accidents, and government initiatives, also favour the market. However, the high cost of automotive airbags embedded vehicles, and low disposable incomes in underdeveloped economies, may hinder the market growth. The major trend for this market is growing sales of luxury vehicles. The global automotive airbag inflators market is expected to grow at ~5.1% CAGR, during the forecast period.

Market Segmentation:

On the basis of inflator type, the market has been segmented as pyrotechnic, stored gas, and hybrid. Among these types, pyrotechnic inflator is expected to dominate the market followed by stored gas, and hybrid. On the basis of airbag type, the market has been segmented as driver airbag, front passenger airbag, passenger airbag, curtain airbag and others, of which the driver airbag is expected to lead the market, followed by front passenger airbag. On the basis of vehicle type, the market has been segmented as passenger vehicles and commercial vehicles. However, the increasing sales of passenger cars, is expected to dominate the passenger car segment during the forecast period. On the basis of end market, the market has been segmented as OEMs and Aftermarket, with OEMs gaining dominance in the market.

Geographic Analysis:

Region wise, the global automotive airbag inflators market has been segmented as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific has accounted for the largest market share, in 2016, followed by North America and Europe. Asia Pacific countries such as China, South Korea, Japan and India, are the major manufacturers of airbag inflators. In Europe and North America, policies regarding road safety, have become the major growth driver. Europe, has been witnessing a rise in the sales of luxury vehicles, which has augmented the demand for automotive airbag inflators, here. Also, Germany, U.K. and France being the leading countries in Europe, have fuelled the growth of the market in the region. Asia Pacific has been the fastest growing economy in the global market.

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Target Audience of Report:

This report mainly focuses on Automotive Airbag Inflators market Distributer & Supplier companies, and end Users. Investment bankers and consultants with end user for Automotive Airbag Inflators market also analyzed. And finally Government and Independent Regulatory Authorities involved with Global Automotive Airbag Inflators market studied.

Global Automotive Airbag Inflators market Research Insights:

The report for Global Automotive Airbag Inflators Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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