Global Automotive Airbags Market Size Is Projected To Grow USD 81.81 Billion by 2030

Global Automotive Airbags Market 2023-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Automotive Airbags Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Automotive Airbags market size, potential growth, trends and expansion strategies followed by top prominent players.

The global automotive airbags market size was valued at USD 47.96 billion in 2021. The market is projected to grow from USD 50.12 billion in 2022 to USD 81.81 billion by 2029, exhibiting a CAGR of 7.3% during the forecast period.

𝗚𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗟𝗮𝘁𝗲𝘀𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗼𝗻 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 2023 𝗕𝗲𝗳𝗼𝗿𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲:
https://www.contrivedatuminsights.com/request-sample/248498

The COVID-19 pandemic has been shocking and has never happened before. As a result, demand for car airbags has been higher than expected in all areas compared to before the pandemic. Our research shows that the global market grew by 17.11% from 2019 to 2020.
Automobile airbags are safety features that help protect people's heads and chests in the event of a crash or collision. These are made to respond and inflate in milliseconds, giving people in the car a soft place to land. The market is expected to grow steadily during the planned time.

𝗦𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝘆 𝗮𝗿𝗲
Autoliv Inc (Sweden ), Joyson Safety System (U.S.), Robert Bosch GmbH (Germany), Toyoda Gosei Co. Ltd (Japan), Denso Corporation (Japan), Hyundai Mobis Co. Ltd (South Korea), Magna International (Canada), Aptiv PLC (Ireland), ZF Friedrichshafen AG (Germany), Valeo SA (France), and Others.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

By Product Type:
• Frontal Airbag
• Side Airbag
• Knee Airbag
• Others

By Vehicle Type:
• Passenger Cars
• Commercial Vehicles
• Other

𝗚𝗲𝗼𝗴𝗿𝗮𝗽𝗵𝗶𝗰𝗮𝗹𝗹𝘆, 𝘁𝗵𝗲 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻, 𝗿𝗲𝘃𝗲𝗻𝘂𝗲, 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗵𝗮𝗿𝗲 𝗮𝗻𝗱 𝗴𝗿𝗼𝘄𝘁𝗵 𝗿𝗮𝘁𝗲, 𝗵𝗶𝘀𝘁𝗼𝗿𝗶𝗰 𝗮𝗻𝗱 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝘀 (2023-2030) 𝗼𝗳 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗿𝗲𝗴𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
The Asia-Pacific market was worth 31.44 billion USD in 2021. It is expected to be worth USD 53.25 billion by 2029, which is an 8.0% compound annual growth rate (CAGR). As a centre for the auto industry, this area is likely to have the biggest share of the global market for automotive airbags. This is because every year, the region makes and ships out more and more cars. More money is being spent on passenger safety, which is expected to make more people want cars and car safety parts. During the time frame of the forecast, the market in the region is expected to grow because more people will be using important government programmes and electric vehicles (EVs).
Europe is the second-biggest market in the world because it is home to some of the most important automotive and automotive solutions companies. In this area, the market is expected to grow because more people are interested in electric vehicles, connected and autonomous vehicles, and shared mobility.
North America's market was worth $2.45 billion in 2021. It is expected to be worth $3.67 billion by 2029, which is a compound annual growth rate (CAGR) of 6.8%. In North America, the market should grow a lot over the next few years. The North American market is expected to grow because governments are getting stricter about vehicle safety and standards, new technologies are being used quickly, and companies are spending a lot of money on new products. Also, since 1998, all passenger cars and light commercial vehicles in North America have come with front airbags. This is because they follow the law very strictly.
The rest of the world is made up of the Middle East and Africa. This region doesn't do as much for the global market as others. This is because there are fewer automakers and airbag suppliers, fewer cars of all types, and fewer people who use technology. But over the next few years, it is expected to grow at an annual rate of 8.4%.

𝗧𝗼 𝗚𝗲𝘁 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗔𝗰𝗰𝗲𝘀𝘀 𝗢𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲:
https://www.contrivedatuminsights.com/buy/248498

𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Automotive Airbags Market
5. Automotive Airbags Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Automotive Airbags Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Automotive Airbags Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Automotive Airbags Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Automotive Airbags Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Automotive Airbags Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Automotive Airbags Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Automotive Airbags Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

𝗥𝗲𝗮𝗱 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗜𝗻𝗱𝗲𝘅 𝗼𝗳 𝗳𝘂𝗹𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝘁𝘂𝗱𝘆 𝗮𝘁
https://www.contrivedatuminsights.com/product-report/automotive-airbags-market-248498

𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱 𝗕𝘂𝘆 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
1. The forecast for the established and growing markets for global Automotive Airbags Market.
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Automotive Airbags industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Automotive Airbags and marketing techniques used by the leading industry competitors.

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.