The global market has witnessed rise in concern about vehicle safety among vehicle users with the increasing number of car crash and collision incidents. As a result, the demand for automotive airbag embedded vehicles have increased, which is expected to drive the market for automotive airbag inflators.
Automotive Airbag Inflator Market Competitive Analysis:
The prominent players in the automotive airbag inflators market include Autoliv Inc (Sweden), Delphi Automotive (UK), Daicel Corporation (Japan), Takata Corporation (Japan), Ningbo Joyson Electronic (China), Toyoda Gosei (Japan), ARC Automotive (US), Key Safety System (US), HUAYU Automotive Systems (China), TRW Automotive (US) and others.
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Drivers and Constraints Impacting the Market:
The global automotive airbag inflators market has largely been influenced by the growth in sales of passenger cars and trucks, and government initiatives on vehicle safety. Owing to this vehicle safety technology, there has been a rise in the adoption of automotive airbag inflators among the population. Additionally, the increasing safety concerns, government initiatives, and rising number of accidents, have augmented the market for automotive airbag inflators. The higher cost of automotive airbags vehicles, and low spending capacity in underdeveloped economies, are considered the restraints. The major trend in this market is growing sales of luxury vehicles.
The need for developing different types of airbags was to protect the life of all the passengers inside the moving vehicle under any situation. This thought was a deviation from the earlier provided airbag mechanism, which involved thus protecting the life of the driver (and sometimes the person sitting adjacent to the driver).
Global Automotive Airbag Inflator Market Segmental Analysis:
The scope of the study segments the global automotive airbag inflators market by inflator type, airbag type, vehicle type, end market and by regions.
By Inflator Type:
Pyrotechnic
Stored Gas
Hybrid
By Airbag Type:
Driver Airbag
Front Passenger Airbag
Passenger Airbag
Curtain Airbag
Others
By Vehicle Type:
Passenger Vehicles
Commercial Vehicles
By End Market
OEMs
Aftermarket
Automotive Airbag Inflator Market Regional Insights:
In the North America market (U.S. and Canada in particular), the trend of big vehicles (SUV and mini trucks) has been consistent for a long time. People here generally prefer large personal vehicles over the sparsely distributed public transport system. With more high-performance cars plying on the roads, the probability of traffic-related mishaps is quite high. Hence, this region is always a potentially strong market for this system.
Europe, has been witnessing a rise in the sales of luxury vehicles, which has augmented the demand for automotive airbag inflators, here. Also, Germany, U.K. and France being the leading countries in Europe, have fueled the growth of the market in the region. Asia Pacific has been the fastest growing economy in the global market.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
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