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Passenger Vehicle Airbag Inflator Market by Type (Stored Gas, Pyrotechnic, Hybrid, Cold Gas, Hot Gas), by Application (Curtain, Frontal, Knee, External), by North America (United States, Canada, Mexico), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Latin America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The size of the Passenger Vehicle Airbag Inflator Market was valued at USD 13.74 USD Billion in 2023 and is projected to reach USD 17.83 USD Billion by 2032, with an expected CAGR of 3.79 % during the forecast period. A passenger vehicle airbag inflator is a crucial component of an automotive airbag system, designed to rapidly deploy airbags during a collision to protect occupants. Inflators come in various types, including chemical propellant inflators, hybrid inflators, and electric inflators. Chemical propellant inflators use substances like sodium azide that react to produce gas, whereas hybrid inflators combine chemical and compressed gas methods for deployment. Electric inflators use electrically generated gas. Key features include rapid deployment times, reliability, and compact design to fit within vehicle interiors. Their primary application is in passenger cars, where they enhance occupant safety by cushioning impacts and reducing the risk of injury during crashes.
Passenger Vehicle Airbag Inflator Trends
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.79 % from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.79 % from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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