Summary

Overview
Global Automatic Airbag Inflators Market reached US$ 14.2 billion in 2023 and is expected to reach US$ 18.7 billion by 2031, growing with a CAGR of 3.5% during the forecast period 2024-2031.
Automotive regulations are enacted that require automobiles to have airbags because, according to the World Health Organization, nearly 1.35 million people die each year in traffic accidents. Some rules and regulations governing vehicle and passenger safety are expected to enhance the airbag inflators industry. The airbag is a safety device used in automobiles. It is built in such a way that it immediately deflates during the hit or collision.
The sensor is used to activate the bag to inflate, which occurs as a result of a collision, with a force equivalent to running into a brick wall at 10 to 15 mph. When a mass shifts to make electrical contact, a mechanical switch flips and sensors get information from an accelerometer and activate immediately. The airbag's inflation system combines with sodium azide (NaN3) and potassium nitrate (KNO3) to produce nitrogen gas. Hot bursts of nitrogen inflate the airbag.
In 2023, North America is expected to be the dominant region with over 30% of the global automatic airbag inflators market. Increasing regulatory requirements for vehicle safety, as well as rising customer safety consciousness, are driving the automotive airbag inflator market globally. Furthermore, in May 2022, after nearly a year of creating a repair for faulty airbag inflators, General Motors became ready to replace defective airbag inflators in 410,019 trucks which were recalled in July 2021.
Dynamics
Increasing End-User Production and Sales
The continuing growth of the automotive sector, particularly in emerging economies, results in rising demand for vehicles. It is closely correlated with increased demand for safety components like airbag inflators. Rapid urbanization and rising disposable incomes, particularly in emerging countries, have resulted in greater car ownership.
In 2021, Mahindra will launch the XUV 700. The top-spec edition of the car has seven airbags and according to a recent press release, more than 70% of XUV 700 orders have been for the top-spec trim. The car has gotten over 50,000 bookings within the first few months and has over 78,000 units to deliver to consumers.
Continuous Advancements in the Market
Continuous advances in airbag technology, such as multi-stage inflators, smart airbags and pedestrian airbags, are propelling the market. The advancements improve the effectiveness and reliability of airbag systems. Airbag inflators are increasingly being integrated with ADAS technologies such as collision detection and automated emergency braking systems, which drives demand.
The increasing number of new product launches in the market is predicted to boost market demand. In 2021, Maruti Suzuki will offer facelifted versions of the Baleno, Ertiga and XL6. All models of the to-spec variations include 4- and 6-airbags as standard. In March 2021, Autoliv Inc, a leader in automotive safety systems, planned to develop a new inflator production plant in India. A new airbag inflator plant will be established near Chennai. Localizing inflator production will satisfy customer needs while reducing global supply chain disruptions and variations.
High Production Costs
Airbag inflators are made with high-quality materials like steel and pyrotechnic chemicals, which can be pricey. Prices for raw materials might fluctuate, affecting the entire cost structure. Incorporating modern technology and features into airbag systems raises research and manufacturing costs, which can be an impediment for manufacturers, especially in cost-sensitive industries.
Integrating airbag inflators with other advanced vehicle systems (such as ADAS and autonomous driving technologies) poses technical obstacles. Ensuring seamless and dependable integration is critical but difficult. The rapid speed of technological innovation necessitates ongoing investment in R&D. Manufacturers may face financial and technical challenges in keeping up with these changes.
Segment Analysis
The global automatic airbag inflators market is segmented based on type, inflator, end-user and region.
Rising Advantages of Pyrotechnic Inflators Drives the Segment Growth
Pyrotechnic inflator is expected to be the dominant segment with over 30% of the market during the forecast period 2024-2031. Pyrotechnic inflators are lighter and smaller than hybrid inflators, thus OEMs are tempted to use them for airbags. With governments globally implementing frontal airbags, pyrotechnic airbags are expected to be in high demand during the forecast period.
Takata is accountable for the most extensive car recall in history. Takata recently recalled 40 million automobiles from 12 different brands owing to "airbags that might explode and could send particles into the human body and face in both the driver and front seat passenger". Takata was acquired in April 2018 by Key Safety Systems, the fifth biggest airbag supplier in U.S. and renamed Joyson Safety Systems.
Geographical Penetration
Rising Advance Safety in End-Users in Asia-Pacific
Asia-Pacific is expected to be the fastest-growing region in the global automatic airbag inflators market covering over 20% of the market. The region's increase in advanced safety in passenger cars and commercial vehicles is mostly due to rising customer demands for safety and comfort features, increased penetration of Side and Curtain airbags in mid-level automobiles and rising demand for premium and luxury vehicles.
India has a potential and opportunity in the airbag inflator market since it is increasingly entering the electric, autonomous and artificial intelligence-oriented automotive industry, as well as introducing numerous new products. For example, in 2021, Morris Garage introduced its new SUV Gloster and a facelifted version of the Hector. Both vehicle models have earned good sales in the market and the top-spec edition of these cars get six airbags as standard.
Competitive Landscape
The major global players in the market include Takata, Autoliv, ZF Friedrichshafen AG, Jovson Safety Systems, Toyoda Gosei Co., Ashmore Industry Co., ARC Automotive, Daicel Corporation, TRW Automotive and Key Safety Systems.
COVID-19 Impact Analysis
The pandemic resulted in temporary shutdowns of manufacturing plants globally to prevent the virus from spreading. It caused severe delays and restricted production capacity for airbag inflators. Lockdowns and restrictions affected supply chains, resulting in a shortage of crucial raw materials and components used to manufacture airbag inflators. Shipping delays, port congestion and rising freight prices all had a significant impact on the timely delivery of supplies and completed products globally.
End-User sales fell sharply early in the pandemic due to economic anxiety, reduced consumer expenditure and lockdown measures. It had a direct impact on demand for vehicle components, such as airbag inflators. As economies recovered and limitations were removed, vehicle sales increased, resulting in a rise in demand for airbag inflators. However, the recovery was varied across regions.
Russia-Ukraine War Impact
The conflict has disrupted the delivery of vital raw materials. Ukraine and Russia are major producers of metals and components used in automotive production, notably airbag inflators. It created logistical issues, such as disrupted shipment routes and higher transportation costs. It has made it difficult for manufacturers to procure raw materials and deliver finished goods.
While the war's economic turmoil may have an impact on vehicle demand in Europe, other regions may have distinct effects. North America and Asia-Pacific, for example, may see fluctuations in demand as a result of economic resiliency and supply chain modifications. Overall economic instability can affect consumer purchasing behavior, thereby reducing demand for new automobiles and, thus, for airbag inflators.
By Type
- Driver Airbag
- Passenger Airbag
- Curtain Airbag
- Knee Airbag
- Pedestrian Airbag
- Side Airbag
- Others
By Inflator
- Pyrotechnic
- Stored Gas
- Hybrid
By End-User
- Compact Car
- Mid-Size Car
- MPV
- SUV
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In July 2021, Toyoda Gosei Co., Ltd. has created a driver-side airbag with a new structure to better protect the occupant. Driver-side airbags, located in the center of the steering wheel, deploy during frontal crashes to reduce the impact on the driver's head and chest.
- In April 2021, to fulfill the growing demand for millimeter wave compatible emblems and airbag inflators in China, Toyoda Gosei (Zhangjiagang) Co., Ltd., a Chinese subsidiary, has begun production of these items. Millimeter-wave compatible emblems let the passage of millimeter-wave radar, which detects the situation around vehicles.
Why Purchase the Report?
- To visualize the global automatic airbag inflators market segmentation based on type, inflator, end-user and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of automatic airbag inflators market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The global automatic airbag inflators market report would provide approximately 62 tables, 58 figures and 195 pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies

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Table of Contents

1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Type
3.2. Snippet by Inflator
3.3. Snippet by End-User
3.4. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing End-User Production and Sales
4.1.1.2. Continuous Advancements in the Market
4.1.2. Restraints
4.1.2.1. High Production Costs
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Russia-Ukraine War Impact Analysis
5.6. DMI Opinion
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID-19
6.1.2. Scenario During COVID-19
6.1.3. Scenario Post COVID-19
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
7.1.2. Market Attractiveness Index, By Type
7.2. Driver Airbag*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Passenger Airbag
7.4. Curtain Airbag
7.5. Knee Airbag
7.6. Pedestrian Airbag
7.7. Side Airbag
7.8. Others
8. By Inflator
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Inflator
8.1.2. Market Attractiveness Index, By Inflator
8.2. Pyrotechnic*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Stored Gas
8.4. Hybrid
9. By End-User
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.1.2. Market Attractiveness Index, By End-User
9.2. Compact Car*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Mid-Size Car
9.4. MPV
9.5. SUV
9.6. Others
10. By Region
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
10.1.2. Market Attractiveness Index, By Region
10.2. North America
10.2.1. Introduction
10.2.2. Key Region-Specific Dynamics
10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Inflator
10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.2.6.1. U.S.
10.2.6.2. Canada
10.2.6.3. Mexico
10.3. Europe
10.3.1. Introduction
10.3.2. Key Region-Specific Dynamics
10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Inflator
10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.3.6.1. Germany
10.3.6.2. UK
10.3.6.3. France
10.3.6.4. Italy
10.3.6.5. Russia
10.3.6.6. Rest of Europe
10.4. South America
10.4.1. Introduction
10.4.2. Key Region-Specific Dynamics
10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Inflator
10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.4.6.1. Brazil
10.4.6.2. Argentina
10.4.6.3. Rest of South America
10.5. Asia-Pacific
10.5.1. Introduction
10.5.2. Key Region-Specific Dynamics
10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Inflator
10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
10.5.6.1. China
10.5.6.2. India
10.5.6.3. Japan
10.5.6.4. Australia
10.5.6.5. Rest of Asia-Pacific
10.6. Middle East and Africa
10.6.1. Introduction
10.6.2. Key Region-Specific Dynamics
10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Inflator
10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Market Positioning/Share Analysis
11.3. Mergers and Acquisitions Analysis
12. Company Profiles
12.1. Takata*
12.1.1. Company Overview
12.1.2. Product Portfolio and Description
12.1.3. Financial Overview
12.1.4. Key Developments
12.2. Autoliv
12.3. ZF Friedrichshafen AG
12.4. Jovson Safety Systems
12.5. Toyoda Gosei Co.
12.6. Ashmore Industry Co.
12.7. ARC Automotive
12.8. Daicel Corporation
12.9. TRW Automotive
12.10. Key Safety Systems
LIST NOT EXHAUSTIVE
13. Appendix
13.1. About Us and Services
13.2. Contact Us