Global Automotive Airbag Inflators Market to Witness Impressive Growth, Revenue to Surge to USD 6.0 Billion By 2028

31-May-2021 | Zion Market Research

The global automotive airbag inflators market accounted for USD 4.2 Billion in 2020 and is expected to reach USD 6.0 Billion by 2028, growing at a CAGR of around 4.1% between 2021 and 2028.       

The report offers analysis for the automotive airbag inflators market on a global and regional level. The study provides past data of the year 2016 along with a forecast from 2021 to 2028. The market number is provided in terms of revenue in USD Billion. The study also includes automotive airbag inflators’ market drivers and restraints along with the impact they have on the demand of automotive airbag inflator over the forecast period. Furthermore, the report includes the study of opportunities available in the automotive airbag inflators market on a global level.  

To give the users of this report a full view on the automotive airbag inflators market, we have included in-depth competitive scenario and product set of key vendors. To know the competitive landscape in the market, an analysis of Porter’s five forces model for the automotive airbag inflators market has also been included. The study encompasses attractiveness analysis of market, wherein inflator type & airbag type segments are marked based on their market size, growth rate, and common attractiveness.

The study provides a critical view on the automotive airbag inflators market by segmenting the market based on inflator type and airbag type and region.  

Front airbag, side airbag, knee airbag, curtain airbag and others are the airbag type segments of the market. Various inflators type covered in automotive airbag inflators include pyrotechnic, stored gas, and hybrid. All the segments have been analyzed based on current and upcoming trends and the market is estimated from 2016 to 2028. The regional segmentation includes the current along with forecast demand for North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.

With the biggest share, Europe was a dominating area for the automotive airbag inflator market in 2015 owing to government program towards safety of the passenger. Asia Pacific is believed to be quickest developing market in years to come owing to the attendance of huge automotive centers in India and China. Government program coupled with awareness about security is likely to boost the automotive airbag inflator market in North America.

Major participants in the automotive airbag inflator space include Takata, Diacel, ZF TRW Toyodo Gosei, Autoliv, and Key Safety Systems amongst others.

Browse the full Automotive Airbag Inflator Market By Inflators Type (Pyrotechnic, Stored Gas And Hybrid) By Airbag Type (Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag And Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/automotive-airbag-inflator-market

The global Automotive Airbag Inflators Market is segmented as follows:

By Inflator Types

  • Pyrotechnic
  • Stored Gas
  • Hybrid

By Airbag Types

  • Front Airbag
  • Side Airbag
  • Knee Airbag
  • Curtain Airbag
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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