Automotive Airbag Inflator Market Growth, Trends, Size, Revenue, Challenges and Future Outlook
Automotive Airbag Inflator Market Size- By Product Type, By Component Type, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2023 | Report ID: AMIN23120 | Pages: 1 - 218 | Formats*: |
| Category : Automotive & Transportation | |||
Automotive Airbag Inflator Market Introduction and Overview
According to SPER Market Research, the Global Automotive Airbag Inflator Market is estimated to reach USD 22.85 billion by 2033 with a CAGR of 3.79%.
The report includes an in-depth analysis of the Global Automotive Airbag Inflator Market, including market size and trends, product mix, distribution channels, and supplier analysis. Automotive airbag inflators are essential safety components in cars and hold a great deal of significance. Their function is to quickly inflate airbags in the event of a collision or impact, providing occupants with a protective cushion and lowering the risk of serious injury. An airbag inflator's main job is to quickly produce and release a large amount of gas. This gas fills the airbag, allowing it to deploy and create a shield between the occupants of the car and the interior environment. These inflators effectively protect the passengers' safety during accidents by quickly inflating the airbags.
- Increasing Vehicle Production and Sales: Automotive airbag systems are now standard in luxury and mid-class cars, and their demand is expected to surge due to increased vehicle models and urbanization, leading to growth opportunities.
- Increasing Focus on Vehicle Safety: Automakers are working constantly to enhance the safety features in their vehicles due to the increased focus on vehicle safety. The importance of airbags and airbag inflators in ensuring occupant safety has increased demand for automotive airbag inflators.
Market Opportunities and Challenges
Opportunities:
- Increasing Vehicle Models: The automotive airbag inflator industry has good prospects thanks to the growing variety of vehicle models and the introduction of new vehicle types. There is expected to be an increase in demand for airbag inflators as more vehicles adopt airbag systems.
- Growing Urbanization: Urbanization is the growth and expansion of urban areas, especially in developing countries. As people migrate from rural to urban areas, demand for personal vehicles increases. Urban areas offer job opportunities, better infrastructure, and amenities, leading to increased mobility needs and transportation options for work, school, and other destinations.
Challenges:
- Stringent Safety Standards: Safety standards and laws are very strict for the automotive industry. Manufacturers of airbag inflators may find it difficult to adhere to these standards because they must maintain the performance and dependability of their products while adhering to ever-changing safety regulations.
- Technological Advancements: As technology advances, automotive airbag inflator manufacturers need to stay updated and invest in research and development to keep pace with the latest innovations. Failure to do so may result in being outperformed by competitors or facing difficulties in meeting consumer expectations.
Market Competitive Landscape
The presence of numerous international and regional players is what defines the competitive landscape of the automotive airbag inflator market. These businesses compete on the basis of things like new product development, technological advancements, quality, dependability, pricing, and customer relationships. Here are some major market participants: Aptiv PLC, ARC Automotive, Inc., Autoliv Inc, Daicel Corporation, Joyson Safety System, Nippon Kayaku, Robert Bosch GmbH, Toyoda Gosei Co. Ltd, TRW Automotive.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Component Type, By Vehicle Type |
| Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Aptiv PLC, ARC Automotive, Inc., Autoliv Inc, Daicel Corporation, Joyson Safety System, Nippon Kayaku, Robert Bosch GmbH, Toyoda Gosei Co. Ltd, TRW Automotive |
COVID-19 Impact on Global Automotive Airbag Inflator Market
The global market for autonomous cranes has been significantly impacted by the COVID-19 pandemic. The rapid spread of the virus throughout the world has severely disrupted the automotive industry, including its value and supply chain stakeholders. Vendors worldwide were impacted by the shutdown or restriction of production lines that began in China. Additionally, a lack of essential components and restricted supplies were caused by legal and trade restrictions, including closed borders, particularly for raw materials sourced from Asia, such as steel components, paints, and machinery. Due to these pandemic-related circumstances, there were delays in completing existing orders.
Key Target Audience:
- Automotive Manufacturers
- Automotive Component Suppliers
- Automotive Safety System Providers
- Regulatory Authorities
- Automotive Industry Associations
- Consumer Safety Organizations
- Others
Our in-depth analysis of the Automotive Airbag Inflator Market includes the following segments:
| By Product Type: |
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| By Component Type: |
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| By Vehicle Type: |
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Key Topics Covered in the Report:
- Global Automotive Airbag Inflator Market Size (FY’2023-FY’2033)
- Overview of Global Automotive Airbag Inflator Market
- Segmentation of Global Automotive Airbag Inflator Market By Product Type (Hybrid Inflator, Pyrotechnic Inflator, Stored gas inflator)
- Segmentation of Global Automotive Airbag Inflator Market By Component Type (Airbag Inflator Filter, Airbag Tubes)
- Segmentation of Global Automotive Airbag Inflator Market By Vehicle Type (Light Commercial Vehicle, Passenger Vehicle)
- Statistical Snap of Global Automotive Airbag Inflator Market
- Expansion Analysis of Global Automotive Airbag Inflator Market
- Problems and Obstacles in Global Automotive Airbag Inflator Market
- Competitive Landscape in the Global Automotive Airbag Inflator Market
- Impact of COVID-19 and Demonetization on Global Automotive Airbag Inflator Market
- Details on Current Investment in Global Automotive Airbag Inflator Market
- Competitive Analysis of Global Automotive Airbag Inflator Market
- Prominent Players in the Global Automotive Airbag Inflator Market
- SWOT Analysis of Global Automotive Airbag Inflator Market
- Global Automotive Airbag Inflator Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Automotive Airbag Inflator Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automotive Airbag Inflator Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Airbag Inflator Market
7. Global Automotive Airbag Inflator Market, By Product Type (USD Million)
7.1. Global Automotive Airbag Inflator Market Value Share and Forecast, By Product Type, 2023-20337.2. Hybrid Inflator7.3. Pyrotechnic Inflator7.4. Stored gas inflator7.5. Others
8. Global Automotive Airbag Inflator Market, By Component Type (USD Million)
8.1. Global Automotive Airbag Inflator Market Value Share and Forecast, By Component Type, 2023-20338.2. Airbag Inflator Filter8.3. Airbag Tubes8.4. Others
9. Global Automotive Airbag Inflator Market, By Vehicle Type (USD Million)
9.1. Global Automotive Airbag Inflator Market Value Share and Forecast, By Vehicle Type, 2023-20339.2. Light Commercial Vehicle9.3. Passenger Vehicle9.4. Others
10. Global Automotive Airbag Inflator Market Forecast, 2019-2033 (USD Million)
10.1. Global Automotive Airbag Inflator Market Size and Market Share
11. Global Automotive Airbag Inflator Market, By Product Type, 2019-2033 (USD Million)
11.1. Global Automotive Airbag Inflator Market Size and Market Share By Product Type (2019-2026)11.2. Global Automotive Airbag Inflator Market Size and Market Share By Product Type (2027-2033)
12. Global Automotive Airbag Inflator Market, By Component Type, 2019-2033 (USD Million)
12.1. Global Automotive Airbag Inflator Market Size and Market Share By Component Type (2019-2026)12.2. Global Automotive Airbag Inflator Market Size and Market Share By Component Type (2027-2033)
13. Global Automotive Airbag Inflator Market, By Vehicle Type, 2019-2033 (USD Million)
13.1. Global Automotive Airbag Inflator Market Size and Market Share By Vehicle Type (2019-2026)13.2. Global Automotive Airbag Inflator Market Size and Market Share By Vehicle Type (2027-2033)
14. Global Automotive Airbag Inflator Market, By Region, 2019-2033 (USD Million)
14.1. Global Automotive Airbag Inflator Market Size and Market Share By Region (2019-2026)14.2. Global Automotive Airbag Inflator Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific14.4. Europe14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe14.5. Middle East and Africa14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa14.6. North America14.6.1. Canada14.6.2. Mexico14.6.3. United States14.7. Latin America14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Aptiv PLC15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. ARC Automotive, Inc.15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. Autoliv Inc15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. Daicel Corporation15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. Joyson Safety System15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. Nippon Kayaku15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. Robert Bosch GmbH15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. Toyoda Gosei Co. Ltd15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. TRW Automotive15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Other
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Automotive Airbag Inflator Market is projected to reach USD 22.85 billion by 2033, growing at a CAGR of 3.79% during the forecast period.
Automotive Airbag Inflator Market grew in market size from 2023. The Market is expected to reach USD 22.85 billion by 2033, at a CAGR of 3.79% during the forecast period.
Automotive Airbag Inflator Market CAGR of 3.79% during the forecast period.
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Automotive Airbag Inflator Market size is USD 22.85 billion from 2023 to 2033.
Automotive Airbag Inflator Market Segment is Covered By Product Type, By Component Type, By Vehicle Type
The North America region is anticipated to have the highest market share in Automotive Airbag Inflator Market.
The key players in the market include Companies Covered Aptiv PLC, ARC Automotive, Inc., Autoliv Inc, Daicel Corporation, Joyson Safety System, Nippon Kayaku, Robert Bosch GmbH, Toyoda Gosei Co. Ltd, TRW Automotive
The importance of airbags and airbag inflators in ensuring occupant safety has increased demand for automotive airbag inflators.
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