PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1326652
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1326652
Automotive Airbag Inflator Market Introduction and Overview
According to SPER Market Research, 'Automotive Airbag Inflator Market Size- By Mobility, By Business Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Automotive Airbag Inflator Market is predicted to reach USD 22.85 billion by 2033 with a CAGR of 3.79%.
An automotive airbag inflator is a crucial component of the airbag system in vehicles. It is responsible for rapidly inflating the airbag when a collision or impact occurs. The airbag is filled and activated by the inflator, which is engineered to produce and release a significant amount of gas in a matter of milliseconds. The automotive airbag inflator can be propelled using a variety of mechanisms, including mechanical, hybrid, or pyrotechnic ones.
The market for automotive airbag inflators has been significantly impacted by the COVID-19 pandemic. The virus outbreak has disrupted the global auto industry, affecting demand from customers, supply chains, and production. The decline in vehicle production has been one of the pandemic's most significant effects on the automotive airbag inflator market. To comply with lockdown regulations and protect their workforce, many automakers were compelled to temporarily close down their manufacturing facilities.
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
Automotive Airbag Inflator Market Key Segments Covered
By Product Type: Based on the Product Type, Global Automotive Airbag Inflator Market is segmented as; Hybrid Inflator, Pyrotechnic Inflator, Stored gas inflator.
By Component Type: Based on the Component Type, Global Automotive Airbag Inflator Market is segmented as; Airbag Inflator Filter, Airbag Tubes.
By Vehicle Type: Based on the Vehicle Type, Global Automotive Airbag Inflator Market is segmented as; Light Commercial Vehicle, Passenger Vehicle.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.