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Global Airbag Market size is projected to be valued $41 Billion by 2024; with a CAGR of 9.2% from 2017 to 2025. The airbag is a safety product which protects body sensitive areas such as head
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Global Airbag Market 2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Airbag Market is Estimated to Reach $43 Billion by 2025 • Global Airbag Market report published by Accurize Market Research forecast that the global market is expected to reach $43 billion by 2025; growing at a CAGR of 9.2% from 2017 to 2025. It is a highly advanced technology that operates on sensors, bag, and inflation system automatically. • Request Sample: https://www.accurizemarketresearch.com/report/airbag-market/sample-request Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
The rapid increase in vehicles on road to drive the global market • The rapid increase in urbanization, an increasing number of vehicles on the road, strict government regulations, and rising awareness towards passenger’s safety are few dynamics driving the growth of global airbag market. • Though, driverless cars and anti-crash sensors could restrain the market growth. • Despite the restrain, development of smart airbag technology and airbag for two-wheelers would further provide growth opportunities in the forecast period. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • Global Airbag Market is split into two segments namely, type, and geography. The type segment is divided into a front airbag, side airbag, knee airbag, and curtain airbag. On the basis of geography, the market is divided into North America, Europe, Asia-Pacific and rest of the world (RoW). • The U.S., Canada, and Mexico are countries under North America wherein Europe covers Russia, U.K., Germany, Italy and Rest of Europe. Asia-Pacific covers China, India, Japan, South Korea and Rest of Asia Pacific. Rest of the World (RoW) covers South America, the Middle East, and Africa. • Customize Report: https://www.accurizemarketresearch.com/report/airbag-market/ask-for-customization Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Market Segmentation • "Front airbag accounted for the largest market share in the type segment", says Accurize • Front airbag accounted for almost half of the market share in 2017, followed by side airbag in the type segment. Though, there are chances that knee airbag may dominate the future market in the forecast period. • "Europe dominated the global market with the highest market share over the forecast period", says Accurize • Europe accounted for the majority of the market share with 32%, driven by, increasing concern for safety, and rising sophistication of systems, followed by North America with 29.6% in 2017. Moreover, North America is anticipated to attain the Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Top players in the market • Major companies operating in the market include: • Continental AG • Delphi Automotive PLC • Denso Corporation • Toyoda Gosei Co., Ltd • Key Safety Systems Inc • Robert Bosch GmbH • Takata Corporation • Hyundai Mobis Co.Ltd • TRW automotive • Autoliv Inc Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
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