Press release
Global Automotive Airbag Market Trend And Forecast Period 2017–2026.
Automotive Airbag Market
The current trend in the market is deployment of pedestrian airbags in vehicles, which protects the car from front and back, as well as the individual in other vehicle while collision or hit. This factor is expected to drive growth of the global market to a significant extent over the forecast period.
Asia Pacific market accounted for highest market share of over 20% in 2017 in the global automotive airbag market in terms of revenue, and is expected to continue its dominance over the forecast period.
The market in North America is estimated to grow at a second-highest CAGR of over 9%, owing to stringent government safety regulations, especially in the US. The market in Europe is expected to witness considerable growth owing to presence of major automakers in countries in this region.
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The automotive airbag market in Asia Pacific is estimated to account for major revenue share of US$ 6,453.9 Mn in 2017, and is expected to register highest CAGR in next ten years. The market in Europe is estimated to account for second highest revenue share in the global market.
Key players operating in the global automotive airbag market include Autoliv Inc., Takata Corporation, DENSO CORPORATION, Robert Bosch GmbH, Daicel Corporation, TOYODA GOSEI Co., Porcher Industries SA, ZF Friedrichshafen AG, Continental AG, Key Safety Systems, Inc. and Hyundai Mobis Co., Ltd.
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MarketResearch.biz is a specialized market research, analytics, and solutions company, offering strategic and tactical support to clients for making well-informed business decisions. We are a team of dedicated and impassioned individuals, who believe strongly in giving our very best to what we do and we never back down from any challenge. MarketResearch.biz offers services such as data mining, information management, and revenue enhancement solutions and suggestions.
Lawrence John
Prudour Pvt. Ltd.
420 Lexington Avenue, Suite 300
New York City, NY 10170,
United States
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