Stratview Research announces the launch of a new market research report on Global Automotive Airbag Inflators Market by Vehicle Type (Compact Car, Midsize Car, Large Car, MPV and LCV, SUV, and Others), by Airbag Type (Driver Airbag, Passenger Airbag, Side Airbag, Knee Airbag, and Curtain Airbag), by Inflator Type (Pyrotechnic, Stored Gas, and Hybrid), by Region (NA, Europe, APAC, ROW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018 – 2023.
This market report from Stratview Research studies the automotive airbag inflators market over the period 2010 to 2023. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Automotive Airbag Inflators Market: Highlights
Stratview Research foresees a good growth of CAGR 3.8% in the automotive airbag inflators market over the next five years (2018 – 2023) and reach $5.2 Billion in 2023, which offers an opportunity to the automotive industry players to align themselves with the market growth.
The author stated that pyrotechnic inflators are the most dominant type in the global automotive airbag inflators market. Expected growth in automotive production, introduction of more bags per car, growth in Asia Pacific, and increasing safety standards across the globe are the major drivers of airbag inflators market.
Europe is the largest market for airbag inflators. Asia-Pacific, however, is expected to be the dominant market for airbag inflators during the forecast period. Asia-Pacific is set to experience the highest growth in the coming years with most of the growth coming from developing nations including India and China.
The key airbag inflator suppliers for automotive industry are Autoliv, Takata, ZF TRW, Key Safety Systems, Daicel Corporation and Toyodo Gosei.
New product development, light weighing, collaboration with customers, and long term contracts are the key strategies adopted by the key players to gain competitive edge in the market.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on global automotive airbag inflators market
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