With rising concerns of safety, the Government of India has made frontal and side crash tests mandatory for all the vehicles to be launched in market with effect from October 2017. Also the regulation holds substance for all the existing vehicles by the month of October, 2019. In order to pass these tests, these cars will have to put in place safety features, the primary features being airbags inflators and child restraint mechanism.
Hyundai Motor India Ltd has decided to offer airbag as mandatory option across all variants of its soon-to-be-launched Creta sports utility vehicle (SUV). According to an employee in senior management, Ford India Ltd, is the first to include Bluetooth connectivity feature in small-sized cars and has planned to offer at least two airbags as standard accessory with the variants of its model Aspire. According to Raj Sarkar, vice-president (marketing) of the company, “We will introduce two new innovations, which will configure and personalize the car with the intent of making cars safer”.
Volkswagen has also decided to provide the model Polo in India with two airbags as standard feature. The aforementioned model, owing to its enhanced safety features, has received a four-star safety rating.
World over, the vehicle owners are deeply concerned with the safety issues and despite high price of the automobiles, they have decided to go for airbags and other safety features. The aforementioned factor is a major driving factor for the growth of the global and Chinese airbag inflator industry.
Recently, Prof Research Report has added a report titled “Market Research Report on Global and Chinese Automobile Airbag Inflator Industry, 2009-2019”. The extensive report made by market analysts with inputs form industry experts offers an in-depth insight into the market growth prospects, key drivers and restraints and business profile of leading manufacturers. The report enumerates the current and future market trends using various statistical analysis tools and provides valuable data to understand the market dynamics.