Global Automotive Airbag Inflators Market Professional Survey Report 2019
One of the primary drivers for this market is the rise in automotive sales in emerging economies across the globe. Emerging markets have witnessed a steady growth in automobile sales due to strong economic growth, ideal demographics, and increased purchasing power of people. The economic growth in BRICS (Brazil, Russia, India, China, and South Africa) nations has propelled the growth in the automotive industry in the past few years. This has compelled several global automakers to partner with the domestic automakers of these emerging markets to enter this untapped market space. For instance, Ford teamed with Changan Auto, while BMW sells its cars in China through Brilliance China Automotive. Moreover, strong economic growth and the increased purchasing power create a strong market for luxury and premium vehicles, which will propel the market for automotive airbag inflators during the forecast period.
One of the latest trends gaining traction in this market is the introduction of flexible vent technology. The flexible vent technology ensures that the inflation of airbags is no more dependent on the sensors. A smart air pressure control mechanism regulates inflation by controlling the airflow through the vent. The conventional airbags used to get inflated by the release of energy through the inflator. The body size of the airbags is generally of the dual stage to accommodate with the severity of the accident. Inputs are taken from the electronic control unit (ECU) and a sensor that gives the position and weight of the driver, and the final inflation limit is controlled depending on the severity of the crash. This enhanced technological advancement in the technology will augment growth in the global automotive airbag inflators market in the coming years.
The global Automotive Airbag Inflators market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of 8.2% during 2019-2025.
This report focuses on Automotive Airbag Inflators volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Airbag Inflators market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Automotive Airbag Inflators in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Automotive Airbag Inflators manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
ARC Automotive. Inc
Key Safety Systems
Segment by Regions
Segment by Type
Stored Gas Inflator
Segment by Application
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.