Press release
Next 10 Years To See Automotive Curtain Airbag Market Being Reciprocal Towards Innovation At A CAGR Of 5.8% : Fact.MR
Growing demand for security devices in vehicles has led to an upsurge in demand for the airbags in the automotive industry globally. In addition, government in various countries have imposed regulations regarding security devices in the automotive industry. These factors are expected to contribute towards growth of the global automotive curtain airbag market positively. A recently compiled report by Fact.MR reveals that the global market of automotive curtain airbag is projected to register a CAGR of 5.5% over the forecast period, 2017-2022.Want A Detailed Understanding of Market Functioning? Request for a Sample Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=273
Market Taxonomy
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Coating Type
Neoprene Coated
Silicone Coating
Non-Coated
Yarn Type
Nylon type
Polyester type
Sales Channel
OEM
Aftermarket
Vehicle Type
Compact Passenger Cars
Mid-sized Passenger Cars
Premium Passenger Cars
Luxury Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
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Factors Fuelling Growth of the Global Market
Growth of the global market of automotive curtain airbag is bound to several macro and micro economic factors. Demand for strong automotive curtain airbags is mainly concentrated in the transportation, automotive and healthcare industry. Frictional resistance, wear and tear of the vehicles, and complex design of the vehicles result in the unexpected accidents globally. Attributed to unexpected accidents, the passengers could injure their necks and knees. Manufacturers prefer coating the airbags integrated in the vehicles with neoprene coating to ensure that the security devices are strong and resistant to heat. The automotive curtain airbag will continue to witness considerable adoption attributed to increasing demand for security devices in the vehicles.
Moreover, government in several countries have imposed legislations regarding the security devices in the vehicles. As the government has imposed legislations regarding the security devices in the automotive industry, manufacturers are integrating advanced features in order to ensure security of the passengers during an unexpected accident.
With surge in technological development, consumers prefer opting for automotive that are integrated with devices that ensure the safety and security of the passengers. Vehicles equipped with security devices offer secure, and flexible transportation system to the customers. These factors are likely to contribute towards growth of the global market of automotive curtain airbag positively.
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Competition Tracking
Leading market players operating in the automotive curtain airbags market include
Autoliv Inc.
Takata Corporation
Daicel Corporation
Denso Corporation
Hyundai Mobis Co. Ltd.
Toyoda Gosei Co. Ltd.
ZF Friedrichshafen AG
Kolon Industries Inc.
Toray Industries Inc.
Delphi Automotive PLC.
For More Insight- https://www.einpresswire.com/article/557050105/demand-for-alumina-oxide-automotive-ceramics-market-is-expected-to-grow-at-a-cagr-of-5-over-the-forecast-period
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