Automotive Airbag Inflator Market

1. Automotive Airbag Inflator Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global automotive airbag inflator market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand for the convenient, efficient, and safer experience for driving, increasing disposable income of the consumers, and growing number of road accidents as well as strict policies by government. Automotive airbag inflators are the systems that give rise to gases that inflate airbags. Automotive airbag inflator plays a key role in car driver and passenger security. Application of severe government guidelines related to the acceptance of airbags in automobiles are estimated to fuel the market. It is designed in such a way to ensure the safety systems in the vehicles for the passengers as well as driver. Request Sample link :- https://growthmarketreports.com/request-sample/2098 Market Trends, Drivers, Restraints, and Opportunities ∑ Increasing consumer awareness towards vehicle safety is expected to propel the market expansion in the coming years. Rapid growth of the automotive industry is major factors fueling the market growth during the forecast period. Production of counterfeit goods are estimated to impede the market expansion in the coming years. Maintaining balance between quality and cost acts as main challenges that can hinder the market growth. R&D investment and technological advancement in airbag inflator is anticipated to create significant opportunities for the market players. ∑ ∑ ∑ ∑

2. Market Segment Insights: Side airbag segment is projected to account for a large market share Based on airbag types, the global automotive airbag inflator market is divided into passenger airbag, knee airbag, side airbag, driver airbag, curtain airbag, and pedestrian protection airbag. The side airbag segment is expected to constitute a key share of the market during the forecast period owing to as it offers protection for the body such as chest, torso, and head. It reduces the injuries happens during accidents as it works well with front airbags. However, the knee airbag segment is anticipated to expand at a rapid pace during the forecast period due to acts as replacing element for the bolster seat and protects the legs of the front passenger. Enquiry Link :- https://growthmarketreports.com/enquiry-before-buying/2098 Competitive Landscape Key players competing in the global automotive airbag inflator market include Daicel Corp.; Takata Corp.; Toyoda Gosei Co., Ltd.; TRW Automotive; ARC Automotive, Inc.; Jinzhou Jinheng Automotive Safety System Co., Ltd.; Autoliv Inc.; Key Safety Systems; Aptiv Plc.; Joyson Safety Systems; Ashimori Industry Co., Ltd.; and ZF Friedrichshafen AG. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter