Market Share of Automotive Airbag Inflator Industry
The automotive airbag inflator market is fairly consolidated, with the major companies capturing more than 65% of the global market studied.
Some of the prominent players in the market, includes Autoliv Inc., Joyson Safety Systems, ZF Friedrichshafen AG, Toyoda Gosei Co., Ltd., and Ashimori Industry;Co., Ltd.
- In May 2022, Yanfeng, a leading global automotive supplier, and U.S.-based company ARC Automotive, a global manufacturer that offers a full program of inflation systems for vehicle airbags, announced the formation of a new joint venture for the production of airbag inflators for airbag applications.
- In January 2021, Daicel Corporation will set up an airbag inflator manufacturing plant in Chennai. The company will invest around Rs 230 crore during the phase-I. This will be Daicel Corporation's first airbag inflator manufacturing plant in India. The company was catering to Indian market from its production site in Thailand and other countries.
Automotive Airbag Inflator Market Leaders
Joyson Safety Systems
ZF Friedrichshafen AG
Ashimori Industry;Co., Ltd
Toyoda Gosei Co., Ltd.
Automotive Inc.
*Disclaimer: Major Players sorted in no particular order
