Automotive Airbag Inflators Market to reach US$ 5.2 billion in 2023
Automotive Airbag Inflators Market report is a 259-page study offering actionable insights into the global market opportunities, trends, forecasts, and competitive analysis.
(EMAILWIRE.COM, December 28, 2018 )
Stratview Research has published a new research report on Automotive Airbag Inflators Market. This extensive 259-page report by Stratview Research analyses the growth of Automotive Airbag Inflators Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV & LCV, SUV, Others)
• By Airbag Type (Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag)
• By Inflator Type (Pyrotechnic Inflators, Stored Gas Inflators, Hybrid Inflators)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/124/automotive-airbag-inflators-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/124/automotive-airbag-inflators-market.html
Growing demand for airbag inflator
The next five years for the automotive airbag inflators market are going to be vigorous with a plethora of opportunities for both existing as well as new players. Both organic and inorganic growth routes are strategically being evaluated by the major players for a large pie in the market.
The automotive airbag inflators market is projected to reach an estimated value of US$ 5.2 billion in 2023. Expected growth in automotive production, especially in Asia-Pacific and rest of the world; increasing awareness about the vehicle safety across the globe; introduction of more bags per car; and the introduction of more stringent passenger safety standards are the major factors burgeoning the demand for airbag inflators in the automotive industry. Faulty airbag inflators of Takata Corporation are further flaring up the demand for inflators in the replacement market.
Top market players
The supply chain of this market comprises raw material manufacturers, inflator manufacturers, distributors, airbag manufacturers, and OEMs. Some of the airbag manufacturers are Autoliv Inc., Takata Corporation, ZF TRW Automotive Holdings Corp., and Jinzhou Jinheng Automotive Safety System Co., Ltd. The major automotive OEMs are General Motors Company, BMW, Toyota Motor Corporation, and Ford Motor Company. Most of the airbag manufacturers manufacture inflators as well. The key airbag inflator suppliers in the automotive industry are Autoliv Inc., Takata Corporation, ZF TRW Automotive Holdings Corp., Daicel Corporation, Key Safety Systems, Inc., and Toyoda Gosei Co., Ltd. New product development, formation of long-term contracts, and execution of M&A activities are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research has published a new research report on Automotive Airbag Inflators Market. This extensive 259-page report by Stratview Research analyses the growth of Automotive Airbag Inflators Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV & LCV, SUV, Others)
• By Airbag Type (Front Airbag, Side Airbag, Knee Airbag, Curtain Airbag)
• By Inflator Type (Pyrotechnic Inflators, Stored Gas Inflators, Hybrid Inflators)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/124/automotive-airbag-inflators-market.html
Or
Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/124/automotive-airbag-inflators-market.html
Growing demand for airbag inflator
The next five years for the automotive airbag inflators market are going to be vigorous with a plethora of opportunities for both existing as well as new players. Both organic and inorganic growth routes are strategically being evaluated by the major players for a large pie in the market.
The automotive airbag inflators market is projected to reach an estimated value of US$ 5.2 billion in 2023. Expected growth in automotive production, especially in Asia-Pacific and rest of the world; increasing awareness about the vehicle safety across the globe; introduction of more bags per car; and the introduction of more stringent passenger safety standards are the major factors burgeoning the demand for airbag inflators in the automotive industry. Faulty airbag inflators of Takata Corporation are further flaring up the demand for inflators in the replacement market.
Top market players
The supply chain of this market comprises raw material manufacturers, inflator manufacturers, distributors, airbag manufacturers, and OEMs. Some of the airbag manufacturers are Autoliv Inc., Takata Corporation, ZF TRW Automotive Holdings Corp., and Jinzhou Jinheng Automotive Safety System Co., Ltd. The major automotive OEMs are General Motors Company, BMW, Toyota Motor Corporation, and Ford Motor Company. Most of the airbag manufacturers manufacture inflators as well. The key airbag inflator suppliers in the automotive industry are Autoliv Inc., Takata Corporation, ZF TRW Automotive Holdings Corp., Daicel Corporation, Key Safety Systems, Inc., and Toyoda Gosei Co., Ltd. New product development, formation of long-term contracts, and execution of M&A activities are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results