IMARC Group, a leading market research company, has recently releases report titled “Automotive Airbag Inflator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global automotive airbag inflator market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the automotive airbag inflator market?

What is automotive airbag inflator?

Automotive airbag inflator refers to specialized devices that generate gas for inflating an airbag in the event of a vehicle collision. They can be of several types, such as pyrotechnic inflators, mechanical inflators, and hybrid inflators. These automotive airbag inflator products are mostly installed in the steering wheel, dashboard, and door panels of vehicles which are triggered by sensors that detect a crash. They fill the airbags with gas in seconds and play a critical role in driver and passenger safety during an accident or turbulence. As a result, automotive airbag inflator products find extensive applications in passenger cars and commercial vehicles across the globe.

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What are the growth prospects and trends in the automotive airbag inflator?

The escalating sales of electric, autonomous, and luxury vehicles and the elevating focus of automotive manufacturers on ensuring driver and passenger safety, owing to the rising number of fatal road accidents, are primarily driving the automotive airbag inflator market. Additionally, the implementation of stringent vehicle safety regulations by government bodies across countries mandating the installation of airbags in automobiles is acting as another significant growth-inducing factor.

Moreover, the emerging trend of using automotive airbag inflators in commercial vehicles, including buses, trucks, and delivery vans, to protect the occupant in the event of a collision is further propelling the market growth. Besides this, the introduction of smart and adaptive airbag systems that utilize sensor technologies and algorithms for determining the severity of a crash and the position of the occupants to ensure improved performance, safety, adjustment, and deployment of the airbag is expected to catalyze the automotive airbag inflator market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

• Driver Airbag
• Passenger Airbag
• Curtain Airbag
• Knee Airbag
• Pedestrian Protection Airbag
• Side Airbag

Operation Insights:

• Pyrotechnic
• Stored Gas
• Hybrid

Vehicle Type Insights:

• Passenger Car
• Commercial Vehicle

Breakup by Geography:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

• ARC Automotive Inc.
• Autoliv Inc.
• Daicel Corporation
• Joyson Safety Systems
• Nippon Kayaku Co. Ltd.

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