Automotive Airbags & Seatbelts Market Projected to Reach $40.4 Billion by 2025
The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach USD 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. Various advancements in vehicle passive safety systems and increased demand for safer, efficient, and convenient driving experience are driving the market for automotive airbags & seatbelts.
The...
Automotive Airbags & Seatbelts Market Size, Growth, Demand, Opportunities & Forecast To 2025
The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. Various advancements in vehicle passive safety systems and increased demand for safer, efficient, and convenient driving experience are driving the market for automotive airbags & seatbelts.
The...
What are the upcoming trends in the automotive airbags & seatbelts market?
The report “Automotive Airbags & Seatbelts Market By Airbag Type (Front, Knee and Side & Curtain), Seatbelts (2-point and 3-point), Vehicle (PC, LCV, Buses and Trucks), Electric Vehicle, Component (Airbag Inflator, ACU and Airbag) and Region – Global Forecast to 2025″ is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025,...
Automotive Airbags & Seatbelts Market Driven by a Safer, Efficient, and Convenient Driving Experience
The automotive airbags & seatbelts market is projected to grow at a CAGR of 11.97% during the forecast period to reach USD 135.43 billion by 2025 from an estimated USD 61.38 billion in 2018. The government regulations pertaining to vehicle safety and the demand for a safer, efficient, and convenient driving experience are the key factors driving the market growth.
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