Automotive Airbag Inflators Market in India
21th September 2016 – Navi Mumbai, India: Market Report on India present the latest report on “Automotive Airbag Inflators Market in India”, 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 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 Automotive Airbag Inflators Market: Highlights
An airbag is the most important safety device in an automobile. There are different types of airbags installed in an automobile such as driver bags, passenger bags, side bags, curtain bags, knee bags, roll-over bags, and others. The market for airbag has been growing at a higher pace than that of automotive market due to increasing awareness towards passenger safety.
The automotive airbag inflators market promises good growth opportunity and is likely to grow at a CAGR of 3.8% during the forecast period of 2016 to 2021 to reach $4.8 billion in 2021. 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.
Currently, pyrotechnic inflators are the most dominant type in the global automotive airbag inflators market. Compact cars, MPVs, and LCVs are expected to offer a robust growth opportunity for airbag inflators in the global automotive industry.
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. China is the world’s largest light vehicle manufacturer. With its CNAP (China’s New Car Assessment Program) initiatives, the Chinese government has mandated the use of seat belts and frontal airbags. The number of airbags in vehicles in China is expected to reach the same level as in Europe and the US. This has been possible due to a lot of promotional initiatives taken by government such as advertisements and highway hoardings.
This report provides market intelligence in the most comprehensive way. 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 report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.
The automotive airbag inflators market is segmented into the following categories.
Automotive Airbag Inflators Market by Vehicle Type:
• Compact Car
• Mid-Size Car
• Large Car
• MPV & LCV
Automotive Airbag Inflators by Airbag Type:
• Front Airbag
• Side Airbag
• Knee Airbag
• Curtain Airbag
Automotive Airbag Inflators Market by Inflator Type:
• Stored Gas
To read the complete report at: http://www.marketreportsonindia.com/industry-mfg-market-research-reports-14227/global-automotive-airbag-inflators-compact-car-midsize-car-large-car.html
Related Research Reports: http://www.marketreportsonindia.com/market-research-report/industry-mfg.html
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