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The tiny metal canister found inside the airbag is known as an airbag inflator. a module that can store both an initiator and explosive propellant. When an internal gas generator (also known as the airbag inflator) senses an external signal, the fully assembled airbag module—a self-contained unit—deploys. pulse of an electronic crash sensor.
The outboard side of the seats for the driver, front passenger, and, in some vehicles, the rear passenger all have airbag inflators.
The India airbag inflator market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
The government’s increased emphasis on improving safety requirements for vehicles sold in India will be profitable for airbag manufacturers.The Indian market for airbags has the potential to grow to crore.
Vehicle makers must include airbags and anti-lock braking systems as standard equipment on all newly released models. Following the failure of several of the most popular models sold in India in crash testing conducted by the Bharat New Vehicle Safety Assessment Program for the Indian market.
At the moment, the main suppliers of airbags in India are Takata, Autoliv, TRW, Toyoda Gosei, and Samsung. However, a few Indian component makers have also entered the market through technical alliances with global competitors, claiming excellent development possibilities.
For instance, Abhishek Auto Industries has partnered with US-based KSS to construct a unit in India, while Rane TRW (a well-known player in the steering system area) has begun assembling airbags at its facility in India .