Notice: Global Information Announces Listing on JASDAQ Standard Market of the Tokyo Stock Exchange

Cover Image
Market Research Report

Global Automatic Airbag Inflators Market - 2020-2027

Published by DataM Intelligence Product code 985571
Published Pre-Order Content info
Delivery time: 2 business days
Price
Back to Top
Global Automatic Airbag Inflators Market - 2020-2027
Published: Pre-Order Content info:
Description

Market Overview

Automotive policies are made in which vehicles with airbags are compulsory because, according to WHO, approximately 1.35 million people die each year due to road accidents. Some rules and regulations are mandated the vehicle and passenger safety, which is expected to boost the airbag inflators market.

The airbag is a safety device that is used in cars. It is designed in such a way that it quickly deflates during the impact or collision. This pack consists of an airbag cushion, impact sensor, inflation module, and flexible fabric bag. The airbag is made of thin nylon fabric folded into the steering wheel, dashboard, seat and door are as per recent regulation. The sensor is used to activate the bag to inflate, and inflation occurs due to collision, and force is equal to running into a brick wall at 10 to 15 miles. A mechanical switch is flipped when a mass shifts to close electrical contact, and then sensors receive information from an accelerometer and instantly activate. The airbag's inflation system reacts sodium azide (NaN3) with potassium nitrate (KNO3) to produce nitrogen gas, and hot blasts of the nitrogen inflate the airbag. An inflator inflates the bag with gas in about 0.02 seconds, less than a blink of an eye.

The global automatic airbag inflators market is estimated to reach US$ XX billion by 2027 from the recorded market size of worth US$ XX billion in 2018, growing at a CAGR of XX% during the forecast period.

Market Dynamics

The airbag inflator market is expected to increase due to awareness about vehicle safety and more stringent passenger safety standards. Before driver and vehicle safety, the vehicle was manufactured with some safety standards, which include power brakes, windshields, robust and robust vehicle bodies with great importance on consumer safety in general; equal attention was given to vehicle performance and driver well-being. The need to develop different airbags was to protect the lives of all the passengers inside the moving vehicle in any situation. Moreover, today's automotive market is buyer-centric, so automotive manufacturing provides unique quality/features for safety/enhancing brand image and staying in the competition, and this is expected to drive the market.

However, limited expertise and availability, technical issues with airbags associated costs with service, repair and replacement are the reason to decrease the market's growth. Accidental airbag deployment while the vehicle is being maintained can result in severe injury, and an inappropriately installed or defective airbag unit may not operate or perform as intended. Some countries impose limitations on the sale, transport, handling, and service of airbags and system elements. For an instant, in Germany, airbags are regulated as harmful explosives; only mechanics with special training can service airbag systems.

Segment Analysis

The market is segmented into driver airbag, passenger airbag, curtain airbag, knee airbag, pedestrian protection airbag, side airbag, and others by airbag type. By inflator type, the market is segmented into pyrotechnic, stored gas, hybrid. By vehicle type, the market is segmented into a compact car, mid-size car, MPV & LCV, SUV, and others.

Pyrotechnic inflator uses a self-sustained material capable of undergoing exothermic chemical reactions to produce sufficient thrust of gas, and this gas helps in inflating the airbag with owing to the low cost of manufacture and high production rates, it is expected pyrotechnic inflator will boost the market growth of automatic airbag inflators in the forecast period.

The frontal airbag position is commonly used. The airbag position is positioned in such a way that it can absorb maximum oncoming impact and require less time for integrating with the dashboard mechanism.

Geographical Analysis

Asia-Pacific has been adopting the rules and regulations as declared and mandates airbags in all passenger cars and light-duty trucks. Due to it, Asia-Pacific has become the largest market of airbag inflators in the forecast period. However, some countries in the Asia-Pacific region have already been following the Euro NCAP footsteps. For instance, the Indian government has mandated the driver-side airbag in every vehicle, and companies made it the standard feature of the car. In addition, China and Japan are expected to remain the major markets for airbag inflators, whereas India is expected to be the new growth engine of the growing region's demand for airbag inflators. China is the world's largest light-vehicle with many promotional initiatives taken by the government, such as advertisements and highway hoardings.

Moreover, the population of China and India combines together to form one-third population of the total world. In addition, both these countries have an ever-growing middle class in need of a personal vehicle. Thus, in general, the Asia Pacific region is going to be the next automotive hub of the world, requiring enhanced safety features like airbags. With its near century-old car manufacturing facilities, the Europe region has some of the best automobiles coming out of its stable. Such high-end cars require increased driver safety features such as airbags.

Europe and North America are also likely to generate favorable growth opportunities in the coming years. The overall penetration of airbags is comparatively very high in North America and Europe compared to that of Asia-Pacific, owing to the stringent passenger safety standards.

Competitive Landscape

The automatic airbag inflators plastics market is a moderated fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Autoliv, Takata, ZF Friedrichshafen AG, Joyson Safety Systems, Toyoda Gosei Co., Ashimori Industry Co., ARC Automotive, Daicel Corporation, TRW Automotive, Key Safety Systems are the major player in the automotive airbag inflators market. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the automatic airbag inflators market globally.

Takata

According to Bloomberg, Takata was the only manufacturing airbag, which includes ammonium nitrate. This chemical helps Takata to make smaller airbags than its competitors, but it has serious drawbacks. Takada made about 4.5 million NADI airbags. But because they had been discontinued almost 20 years before the recall, automakers believe much fewer are still on the road. NADI airbags with the potential defect were used in certain 1995 through 2000 model years. BMW, Audi, Honda, Mitsubishi and Toyota have all issued recalls of older models that used the design.

Table of Contents

Table of Contents

1. Global Automatic Airbag Inflators Market-Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Automatic Airbag Inflators Market- Market Definition and Overview

3. Global Automatic Airbag Inflators Market- Executive Summary

  • 3.1. Market Snippet by Type
  • 3.2. Market Snippet by Inflator Type
  • 3.3. Market Snippet by Vehicle Type
  • 3.4. Market Snippet by Region

4. Global Automatic Airbag Inflators Market - Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunity
    • 4.1.4. Impact Analysis

5. Global Automatic Airbag Inflators Market- Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Regulatory Analysis
  • 5.3. Supply Chain Analysis
  • 5.4. Pricing Analysis
  • 5.5. Trade Analysis

6. Global Automatic Airbag Inflators Market- By Type

  • 6.1. Introduction
    • 6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 6.1.2. Market Attractiveness Index, By Type
  • 6.2. Driver Airbag*
    • 6.2.1. Introduction
    • 6.2.2. Market Size Analysis, US$ Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 6.3. Passenger Airbag
  • 6.4. Curtain Airbag
  • 6.5. Knee Airbag
  • 6.6. Pedestrian Airbag
  • 6.7. Side Airbag
  • 6.8. Others

7. Global Automatic Airbag Inflators Market- By Inflator Type

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Inflator Type
    • 7.1.2. Market Attractiveness Index, By Inflator Type
  • 7.2. Pyrotechnic*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, US$ Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 7.3. Stored Gas
  • 7.4. Hybrid

8. Global Automatic Airbag Inflators Market- By Vehicle Type

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type.
    • 8.1.2. Market Attractiveness Index, By Vehicle Type
  • 8.2. Compact Car*
    • 8.2.1. Introduction
    • 8.2.2. Market Size Analysis, US$ Mn, 2018-2027 and Y-o-Y Growth Analysis (%), 2018-2027
  • 8.3. Mid-Size Car
  • 8.4. MPV
  • 8.5. SUV
  • 8.6. Others

9. Global Automatic Airbag Inflators Market- By Region

  • 9.1. Introduction
    • 9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By region
    • 9.1.2. Market Attractiveness Index, By Region
  • 9.2. North America
    • 9.2.1. Introduction
    • 9.2.2. Key Region-Specific Dynamics
    • 9.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Inflator Type
    • 9.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type.
    • 9.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.2.6.1. The United States
      • 9.2.6.2. Canada
      • 9.2.6.3. Mexico
  • 9.3. Europe
    • 9.3.1. Introduction
    • 9.3.2. Key Region-Specific Dynamics
    • 9.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Inflator Type
    • 9.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
    • 9.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.3.6.1. Germany
      • 9.3.6.2. The U.K.
      • 9.3.6.3. France
      • 9.3.6.4. Italy
      • 9.3.6.5. Spain
      • 9.3.6.6. Rest of Europe
  • 9.4. South America
    • 9.4.1. Introduction
    • 9.4.2. Key Region-Specific Dynamics
    • 9.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Inflator Type
    • 9.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
    • 9.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.4.6.1. Brazil
      • 9.4.6.2. Argentina
      • 9.4.6.3. Rest of South America
  • 9.5. Asia Pacific
    • 9.5.1. Introduction
    • 9.5.2. Key Region-Specific Dynamics
    • 9.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Inflator Type
    • 9.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type
    • 9.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 9.5.6.1. China
      • 9.5.6.2. India
      • 9.5.6.3. Japan
      • 9.5.6.4. Australia
      • 9.5.6.5. Rest of Asia Pacific
  • 9.6. Middle East and Africa
    • 9.6.1. Introduction
    • 9.6.2. Key Region-Specific Dynamics
    • 9.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 9.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Inflator Type
    • 9.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type

10. Global Automatic Airbag Inflators Market-Competitive Landscape

  • 10.1. Competitive Scenario
  • 10.2. Market Positioning/Share Analysis
  • 10.3. Mergers and Acquisitions Analysis

11. Global Automatic Airbag Inflators Market-Company Profiles

  • 11.1. Takata*
    • 11.1.1. Company Overview
    • 11.1.2. Product Portfolio and Description
    • 11.1.3. Key Highlights
    • 11.1.4. Financial Overview
  • 11.2. Autoliv
  • 11.3. ZF Friedrichshafen AG
  • 11.4. Jovson Safety Systems
  • 11.5. Toyoda Gosei Co.
  • 11.6. Ashmore Industry Co.
  • 11.7. ARC Automotive
  • 11.8. Daicel Corporation
  • 11.9. TRW Automotive
  • 11.10. Key Safety Systems

12. Global Automatic Airbag Inflators- DataM

  • 12.1. Appendix
  • 12.2. About Us and Services
  • 12.3. Contact Us
Back to Top