Automotive Airbag Inflator Market is categorized by Inflator Type (Stored Gas, Pyrotechnic, Hybrid, Cold Gas Inflator, Hot Gas Inflator), Airbag Position (Knee, Side, Frontal, External, Curtain), Vehicle Type (Passenger Vehicle, LCV and HCV), and Region.
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Automotive Airbag Inflator Market Key Players listed in report:
ARC Automotive, Inc. (U.S.), Daicel Corporation (Japan), Jinzhou Jinheng Automotive Safety System Co., Ltd. (China), Takata Corporation (Japan), and Autoliv Inc. (Sweden). Toyoda Gosei Co., Ltd. (Japan), Key Safety Systems (U.S.), TRW Automotive (U.S.), and Aptiv PLC (U.S.) are among others.
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 biggest concern with high performance and high-end automobiles is that of driver safety. Earlier driver safety would include features such as instant brakes, windshields, robust and strong vehicle body, large diameter and through in the chassis. With greater emphasis on consumer safety in general, equal attention was given to vehicle performance and driver well-being. 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).
Region wise, the global automotive airbag inflators market has been segmented as North America, Europe, Asia Pacific and Rest of the World.
Asia Pacific has accounted for the largest market share, in 2016, followed by North America and Europe. Asia Pacific countries such as China, South Korea, Japan and India, are the major manufacturers of airbag inflators.
In Europe and North America, policies regarding road safety, have become the major growth driver. Europe, has been witnessing a rise in the sales of luxury vehicles, which has augmented the demand for automotive airbag inflators, here.
The Europe region, with its near century-old car manufacturing facilities, have, some of the best automobiles coming out of its stable. Such high-end cars require increased driver safety features such as airbags.
Table of Contents:
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Propulsionology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
List of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 GLOBAL Automotive Airbag Inflator Market SHARE, BY Components, 2016 (%)
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