Press release
Lucintel Forecasts Automotive Airbag Electronics Market to Grow at a CAGR of 7%
According to the recent study the automotive airbag electronics market is projected to grow at a CAGR of 7% from 2019 to 2024. Growth in this market is primarily driven by stringent government safety regulations, growing demand for safer and more efficient driving experience, and increasing electronic content per vehicle.Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in automotive airbag electronics market by airbags type (frontal airbags, knee airbags, side & curtain airbags), by end use (passenger car [small cars, compact cars, mid-sized cars, luxury cars, SUVs and crossovers], light commercial vehicles, heavy commercial vehicles, and electric vehicles), by sales channel (OEM, aftermarket), and by region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/automotive-airbag-electronics-market.aspx
“Frontal airbag market is expected to remain the largest segment during the forecast period.”
Based on airbags type, the automotive airbag electronics market is segmented into frontal airbags, knee airbags, side & curtain airbags. Lucintel forecasts that the frontal airbags market is expected to remain the largest segment.
“Asia pacific will dominate the automotive airbag electronics market in near future”
Asia Pacific is expected to be the largest region over the forecast period due to the rising consumer income levels, increased vehicle production in developing countries, such as India and China, and increase in the number of luxury vehicles.
Download Brochure of this report by clicking on https://www.lucintel.com/automotive-airbag-electronics-market.aspx
Major players of automotive airbag electronics market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Autoliv, Joyson Safety Systems, Denso Corporation, Toyoda-Gosei, Takata Corporation, TRW Automotive Holdings, Hyundai Mobis, Ashimori, Nihon Plast, and Ningbo Joyson Electronic, and others are among the major automotive airbag electronics providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-airbag-electronics-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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