Automotive Airbags Market Analysis, Development, Revenue, Future Growth, Business Prospects and Forecast to 2025
The global automotive airbags market volume is projected to reach 179.2 million units by 2025, thereby exhibiting a CAGR of 13.3% during the forecast period. However, the market was valued at 75.1 million units in 2018. This information is published in an upcoming report by Fortune Business Insights, titled, “Global Automotive Airbags Market Size, Share & Industry Analysis, By Application (Knee, Side, Front, Curtain), By Vehicle Type (Passenger Cars, Commercial Vehicles), and Regional Forecasts, 2019-2025.” The market is expected to gain momentum from a rise in the implementation of strict safety rules and regulations for pedestrians and drivers. Additionally, governments of various countries are enforcing OEMs to install airbags in commercial vehicles as well as passenger cars to double the safety features. List of prominent companies that are operating in the global Automotive Airbags Market are: · Autoliv · ...