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Automotive safety systems have played an important role in achieving these targets, where these systems have made vehicles safer for the occupants. The automotive airbag market in terms of value is projected to grow $23.6 Billion and automotive seat belt market to grow $9.0 Billion by 2019 at a healthy CAGR of 9.7% and 8.4% respectively from 2014 to 2019.
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MarketsandMarkets Presents Automotive Airbag Market worth $23.6 Billion and Automotive Seat Belt Market worth $9.0 Billion by 2019 http://www.marketsandmarkets.com/Market-Reports/air-bag-seat-belt-market-21466612.html
The report Automotive Airbag and Seat Belt Market for Passenger Cars - A Global Analysis by Geography - Trends and Forecasts 2014 - 2019. The report highlights potential growth opportunities in the coming years as well as covers review of the – market drivers, restrains, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects W.R.T. automotive active safety systems market. Early buyers will receive 10% customization on this report. Browse Report Data: A ] 70 Market Data Tables B ] 46 Figures C ] 271 Pages and in-depth TOC onin-depth TOC on “Automotive Airbag and Seat Belt” http://www.marketsandmarkets.com/Market-Reports/air-bag-seat-belt-market-21466612.html
Automotive passive safety systems are growing at a significant rate in Asia-Pacific and the ROW regions because of the increase in their purchasing power, high standard of living, growth in GDP, growing vehicle sales and increase in government’s regulatory actions for safety. Developing countries like India, China, Russia, Brazil, and Mexico are expected to have high growth rate in the demand for automotive airbag and seatbelt market from 2014 to 2019. • Robert Bosch (Germany) • AutolivInc. (Sweden) • Denso Corporation (Japan) • TakataCorporation (Japan) The automotive airbag market in terms of value is projected to grow $23.6 Billion and automotive seat belt market to grow $9.0 Billion by 2019 at a healthy CAGR of 9.7% and 8.4% respectively from 2014 to 2019. http://www.marketsandmarkets.com/Market-Reports/air-bag-seat-belt-market-21466612.html
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