Press release
Automotive Airbag Market Analysis by Top Regional Industry Players- Bosch, Continental, Autoliv, DENSO, ZF Group
On the basis of airbag type, the automotive airbag market has been classified into curtain and side airbag, front airbag, and knee airbag. Among these, the demand for curtain and side airbags is projected to grow significantly in the automotive airbag industry during the forecast period as these airbags are effective and provide safety to travellers in situation of rollover crash. Also, curtain and side airbags offer head and neck protection to commuters in side collision crashes. These factors fuel the growth of the market.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/automotive-airbag-market/report-sample
Based on vehicle type, the automotive airbag market has been bifurcated into passenger car and commercial vehicle. Among these, passenger car is anticipated to be faster growing category, owing to increased usage of airbags in these cars coupled with stringent governments’ regulations for incorporation of essential safety equipment and systems in these vehicles.
Globally, North America held the largest share in the market during the historical period. This progress is ascribed to execution of strict regulations by governments and administrations for safety of passengers. For example, the U.S. Highway Safety Act of 1991 instructs usage of airbags and anti-lock braking system (ABS) characteristics in all passenger cars. The United States New Car Assessment Program (US NCAP) provides ratings to automobiles for safety so as to advance safety attributes in the automobiles. However, the Asia-Pacific automotive airbag market is expected to witness the fastest growth during the forecast period. Increased vehicle production coupled with increased incorporation of airbags in these vehicles is driving the market growth in the region.
Explore Full Report Description At@ https://www.psmarketresearch.com/market-analysis/automotive-airbag-market
Increase in number of deaths due to growing car accidents, growing alertness about safety of automobiles, and inclination toward advanced technologies in automotive to lessen the impact of accidents are some of the drivers for the growth of the automotive airbag market. As stated by World Health Organization (WHO), in 2018, near about 1.3 million accidents happen on road every year across the globe, of which, around 93% road traffic death happens in developing countries.
Some of the key players functioning in the global automotive airbag market are Continental AG, Robert Bosch GMBH, Autoliv Inc., DENSO Corporation, ZF Friedrichshafen AG, Aptiv PLC, Hyundai Mobis Co. Ltd., Nihon Plast Co. Ltd., and Ningbo Joyson Electronic Corp.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Airbag Market Analysis by Top Regional Industry Players- Bosch, Continental, Autoliv, DENSO, ZF Group here
News-ID: 1721701 • Views: …
More Releases from P&S Intelligence
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media.
In order to pace up the 4th industrial revolution, businesses across various industries…
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG.
North America will grow the fastest with a rate of 10.5% in…
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use.
Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls…
North America, the Largest Revenue Producer in Public Safety and Security Market
The size of the public safety and security market was at $411 billion in the year 2021, which will reach over $1,115 billion by the year 2030, advancing at a growth rate of around 12% in the years to come. This is largely ascribed to the rising application of innovative technologies in smart cities, increasing crime rates, the increasing cases of disastrous accidents, and the growing count of terrorist activities…
More Releases for Increase
Increase Rank Increase Sales Increase ROI With E-Commerce SEO Services
Setting up an eCommerce business is a big task and getting traffic towards your eCommerce store is yet another huge work. But you have to work upon getting more and more traffic towards your online store only then will you get orders for your business. For this you require quintessential SEO services that can be your partner and steer you in right direction through its on page scrutiny and removing…
Increase in Geriatric Population will Likely Increase the Demand for Combination …
Combination drug also referred to as fixed dose combination (FDC), is a formulation which includes two or more active pharmaceutical ingredients (APIs). The dosage is distributed in certain fixed doses. Initially, fixed dose combination products were produced for targeting single diseases for example antiretroviral combination drugs were manufactured for targeting AIDS. However, with the advancements, in research and development activities currently combination drugs are being manufactured for targeting multiple disease…
Accu Holding AG: Ordinary Capital increase and further capital measures to incre …
Ordinary Capital increase and further capital measures to increase shareholder's equity by more than CHF 10 million
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
NOT FOR DISTRIBUTION IN THE UNITED STATES, UNITED KINGDOM OR THE EUROPEAN ECONOMIC AREA
• Exercise of subscription rights within the expected range
• Strengthening of the balance sheet through conversion of debt of CHF 5'379'953 into new…
Pigs‘ Toys Increase Animal Wellbeing
Less Injuries in Pig Houses
In cooperation with Kassel University, WEDA Dammann & Westerkamp, specialists for pig house equipment from Lutten, have developed a new kind of manipulable material for piglets and fattening pigs. By means of the rooting cones and pushing balls of bite-resistant and food-safe polyurethane, mounted to floor and brackets, the animals can act out their natural play instinct and can permanently busy themselves while standing up, sitting,…
Increase in the ‘Staycation’
The new ‘buzz’ word ‘staycation’ as it is known, has become increasingly popular, with the cost of family holidays abroad on the increase, and the value of the pound weaker, families are choosing to holiday in the UK. Camping and caravanning in the UK is at the top of the list for a brilliant ‘staycation’.
As the cut-backs start to take effect and everyone is feeling the pinch in their…
PROPOSAL CAPITAL INCREASE
The Board of Directors of EXMAR has decided to propose to the shareholders to proceed with a capital increase of EUR 100 million. Saverex NV, the reference shareholder of EXMAR, will participate in the capital increase with an amount of EUR 50 million. Sofina SA will also participate in the transaction in accordance with its current shareholding in the company (approx. 1.3%). Sofina SA has confirmed a further support to…
