The global automotive airbags market size was USD 9.67 billion in 2019 and is projected to reach USD 22 billion by 2028, exhibiting a CAGR of 9.58% during the forecast period.
Exactitude Consultancy offers a 2022 Report for Automotive Airbags Market. This is the most comprehensive report available for this Market and covers 60 geographies, helping you get a truly global outlook.
An airbag is a type of vehicle safety device designed to promptly inflate during a collision and deflate after the accident. The efficiency of these airbags to reduce the impact of crashes is enhanced due to ongoing and innovative advancements in airbag technology.
The serious fatalities to the human body brought about by road accidents have prompted high awareness among customers. The rising awareness among everyone is one of the key market drifts that will support development during the gauge time frame.
The expanding extra income has additionally driven the shoppers to spend more on well-being highlights. The expanding purchaser spending on pre-introduced wellbeing frameworks in vehicles has brought about higher venture open doors for conspicuous players.
Increasing consumer awareness regarding safe driving is one of the key market trends that will boost growth during the forecast period.
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Aptiv is a global technology company that develops safer, greener, and more connected solutions, which enable the future of mobility.
Autoliv Inc. is a Swedish-American automotive safety supplier with sales to all leading car manufacturers worldwide.
Continental AG, is a German multinational automotive parts manufacturing company specializing in brake systems, interior electronics, automotive safety, powertrain and chassis components, tachographs, tires, and other parts for the automotive and transportation industries.
Regional Share-> Asia Pacific accounted for more than 50% of total global production.
Asia Pacific accounted for a major share of the global automotive airbag market. The presence of a large number of automakers as well as major airbag manufacturers across Asia Pacific has led to the region’s major share of the global automotive airbag market. The Europe market is anticipated to showcase substantial growth during the forecast period.
Some key Automotive Airbags Market players are Aptiv Inc., Autoliv Inc., Calsonic Kansei Corporation (Mareli), Continental AG, Delphi Automotive, Denso Corporation, Hella GmbH & Co. KGaA, Hyundai Mobis Co. Ltd, INVISTA, Joyson Safety Systems, Magna International, Nihon Plastic Company Co. Ltd, Robert Bosch GmbH, Takata Corporation, Toyota Gosei, Valeo SA, ZF Friedrichshafen, and others.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Automotive Airbags Market Segmentation: Automotive Airbag Market by Vehicle Type, 2019-2028, (In USD Million)
Automotive Airbag Market by Application, 2019-2028, (In USD Million)
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The Report’s Table of Contents includes
- Characteristics of the Automotive Airbags Market
- Market trends and strategies for Automotive Airbags
- Impact of COVID-19 on car care products
Five. Market size and growth of Automotive Airbags
…… 27. Competitive Environment and Company Profiles in the Automotive Airbags Market
- Major mergers and acquisitions in the Automotive Airbags Market
- Future Outlook and Potential Analysis of Automotive Airbags Market
This report covers the trends and market dynamics of the Automotive Airbags Market in the key countries of Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US. The report also includes consumer research and various future opportunities of the Market.
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