Global Automotive Airbag Inflator Market by Type (Pyrotechnic Gas Inflator, Hybrid Gas Inflator, Stored Gas Inflator), By Application (Frontal Airbag, Side Airbag, Curtain Airbag, Knee Airbag, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Automotive Airbag Inflator Market size was valued at USD 3 billion in 2016 and is projected to reach USD 4.6 billion by 2028, growing at a CAGR of 5%. The major factors driving this growth include increased safety regulations and increasing awareness about the benefits of airbags in vehicles. The Asia Pacific is expected to be the fastest-growing region owing to rapid economic development, improved road infrastructure, and rising demand for passenger cars in emerging economies such as India and China.

Automotive Airbag Inflator is a component of the safety system installed in automobiles. Automotive airbags are designed to protect occupants from injury during an accident by deploying at high speed and expending gas (usually nitrogen) into the passenger compartment to cushion them from impact forces, as well as slowing their rebound before they hit any hard surfaces. The most common use for automotive Airbag Inflators is with frontal-impact collisions but it can also be used during side crashes or rollovers which require protection on both sides of vehicle occupants. Airbags have been observed to reduce occupant fatalities by about 50%.

On the basis of Types, the market is segmented into Pyrotechnic Gas Inflators, Hybrid Gas Inflators, and Stored Gas Inflators.

Pyrotechnic Gas Inflators:

A pyrotechnic gas inflator is an airbag inflator system where the propellant for deploying the airbags is stored in a container, typically made of metal. Typically, this type of inflatable employs a high-pressure gas generator to produce nitrogen and helium under pressure which leads to rapid expansion upon ignition.

Hybrid Gas Inflators:

Hybrid gas inflators are a new type of airbag that combines pyrotechnic and stored gas technologies. This makes them much more powerful than traditional compressed-gas units, which means they can deploy with greater force in less time to provide better protection for occupants who would otherwise be at high risk of receiving lethal injuries from the impact of a collision.

Hybrid gas inflators are also less susceptible to cold temperatures and can be used in both front-end airbags (in which they inflate from inside the passenger compartment) or side airbags (where their inflation is triggered by an occupant's weight). They're more expensive than traditional compressed-gas units, however, few cars currently use them for this reason.

Stored Gas Inflators:

Stored Gas Inflators are the most widely used type of inflatable airbag. These gas-inflated devices hold fluid (such as nitrogen, argon) in a sealed metal container that is punctured by an explosive charge at the point where it will deploy and fill with pressurized gas to provide protection for car occupants during collisions or from other impacts such as rollovers. The storage containers can be either rigid cylinders or flexible bladders which contain different volumes of stored gases depending on their design and application requirements. Stored Airbags make up 98% of all automotive inflators currently installed in new vehicles worldwide today according to data from IHS Automotive's Digital Market Intelligence service.

On the basis of Application, the market is segmented into Frontal Airbag, Side Airbag, Curtain Airbag, and Knee Airbag.

Frontal Airbag:

A frontal Airbag is a lifesaver for people involved in an accident. It deploys with the help of gas and cushions the impact on the head, chest, abdomen, or pelvis during a collision. The airbag inflator helps to inflate the airbag quickly by releasing stored gases into it. This leads to quick inflation of airbags that protect occupants from injury or death when there is a frontal collision between two vehicles at high speed.

Side Airbag:

The side airbag will deploy the inflatable tube by inflation pressure when a collision is detected (e.g., on both sides of the door). The inflated sheet has two or three ribs to hold it in shape and prevent rolling up once deployed, which reduces injury risk for occupants seated next to an inflating side airbag.

Curtain Airbag:

Curtain airbags are found on the back of cars and trucks. They're designed to protect occupants' heads, torsos, and chests from injury in a side-impact crash with another vehicle or object such as a tree or pole. Curtain airbag usually deployed through vents located at each window pillar due to which it is also called ventilated curtain airbag. It works by deploying an inflatable plastic barrier that extends across most of the width of the rear passenger compartment between both head restraints while overlapping part way down either side windows (typically 60% coverage).

Knee Airbag:

Knee airbags are used in the passenger seat to protect passengers from injuries caused by frontal collisions. The knee airbag is designed for use as a supplemental restraint device (SRS) to be used with an inflatable front-passenger air bag and/or a vehicle's safety belt system, which are standard equipment on vehicles since 1998.

Knee Airbags are beneficial because it protects adults sitting in the back seats of cars where there isn’t enough space between the back of the front seats and the rear seat.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is the leading region in the global automotive airbag inflator market owing to factors such as high vehicle production and strict regulatory laws on emission norms.

Europe is anticipated to show a steady growth rate due to increasing awareness among consumers for the safety features of vehicles and increasing demand for electric vehicles (EVs). The Asia Pacific is projected to grow exponentially during 2021-2028 due to economic development coupled with stringent government regulations pertaining to emissions as well as an increased preference towards luxury cars that are equipped with advanced safety features like airbags.

Growth Factors For The Global Automotive Airbag Inflator Market:

The growth has been fueled by increasing demand for safety features in automobiles and efforts made by governments towards establishing product standards. For instance, American Automobile Association (AAA) estimates that about 34 people die every day due to car crashes caused mostly because cars lack proper safety features such as seat belts or airbags. Hence, government agencies are imposing strict regulations on vehicle manufacturers with regard to installing advanced technologies like ABS brakes, collision sensors, and active driver assistance systems in vehicles which can reduce accidents significantly across the country.

The deployment of these advanced driving assistance systems is expected to lead the airbag inflator market in the coming years. These devices are considered a vital component of any vehicle due to their life-saving capabilities which have been established through various crash tests and studies over the past few decades.

Up Market Research published a new report titled “Automotive Airbag Inflator Market research report which is segmented by Types (Pyrotechnic Gas Inflator, Hybrid Gas Inflator, Stored Gas Inflator), By Applications (Frontal Airbag, Side Airbag, Curtain Airbag, Knee Airbag, Other), By Players/Companies ARC Automotive Inc., Autoliv, Daicel Corporation, Joyson Safety Systems, Nippon Kayaku, ZF TRW”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Automotive Airbag Inflator Market Report Segments:

The market is segmented by Type Pyrotechnic Gas Inflator, Hybrid Gas Inflator, Stored Gas Inflator and By Application Frontal Airbag, Side Airbag, Curtain Airbag, Knee Airbag, Other.

Some of the companies that are profiled in this report are:

1. ARC Automotive Inc.
2. Autoliv
3. Daicel Corporation
4. Joyson Safety Systems
5. Nippon Kayaku
6. ZF TRW

Automotive Airbag Inflator Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Automotive Airbag Inflator Market

Overview of the regional outlook of the Automotive Airbag Inflator Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Automotive Airbag Inflator Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Automotive Airbag Inflator Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Pyrotechnic Gas Inflator

                2. Hybrid Gas Inflator

                3. Stored Gas Inflator

                1. Frontal Airbag

                2. Side Airbag

                3. Curtain Airbag

                4. Knee Airbag

                5. Other

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automotive Airbag Inflator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Automotive Airbag Inflator Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.