The global automotive airbag and seat belt market size is anticipated to around USD 74.3 billion by 2026, this market is anticipated to grow with 6.1% CAGR during the forecast time period. The market is driven Emerging awareness with respect to the significance of implementing passive safety systems, for example, airbags and safety belts, among buyers is likewise liable to increase showcase extension. Governments, particularly in developing countries including India, and China, are progressively making revisions and acquainting new controls with guarantee enhanced road safety.
Expanding purchaser disposable income levels, especially in developing countries of Asia Pacific, Latin America, and Eastern Europe, are relied upon to positively affect the market. Moreover, the car advertise in these locales is seeing significant advancement.
Rising gainfulness of the car advertise thus advances the development of the airbag and safety belt showcase. Innovative progressions and persistent item improvement have likewise increased the interest for items, for example, airbag and safety belts, in this manner supporting business sector extension.
Continuous efforts taken by key organizations to present innovative airbag and safety belt innovations have added to the market development. In the course of recent years, Original Equipment Manufacturers (OEMs) and providers have been moving in the direction of the improvement of cutting edge items. Some of them have effectively propelled their items with slight separation from their rivals. For example, Key Safety Systems (KSS) has been providing enhanced back safety belts, Inflatable Seat Belts, to Ford Motors, which are equipped for securing the shoulder and middle zone on swelling. Likewise, they are equipped for being conveyed inside as less as 40 milliseconds of an accident. The presentation of stringent controls by governments over the globe to enhance street wellbeing is another driver moving the market development.
Market By Type
Market By End-user
Market By Geography
Asia Pacific is anticipated to observer profitable development forthcoming due to helpful government initiatives and improving automobile sector. Furthermore, economic growths in countries, for instance, China and India, are anticipated to aid drive the market development. Enormous populace base with growing disposable income in the region captures to high need for automotive airbag and seat belt market.
Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the Robert Bosch GMBH, Autoliv, Inc., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., Key Safety Systems (KSS), Toyoda Gosei Co., Ltd., and Continental AG.
The global marine diesel engine market value is expected to reach around US$ 8.1 billion by 2026 and expected to grow at a CAGR of 3.9% over forecast period 2019 to 2026. The report provides analysis of global marine diesel engine market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. Market Insights Growing worldwide seaborne trade mainly across emerging
The global Dump Truck Market value is accounted over USD 41,259.8 Million by 2026 and is expected to grow at CAGR 9.1% during the forecast period, 2019-2026. Dump truck is also knows as dumper truck or tipper truck which mainly used to transporting dumps especially for construction. Such truck carries heavy loads and material such as sand, earth and gravel with parts for construction. The dumper typically carries its load or m
The global Automotive Electronic Control Unit Market is expected to reach over USD 70,986.0 Million by 2026 and is expected to grow at CAGR 6.1% during the forecast period, 2019-2026 Electronic control unit (ECU) is an embedded system that responsible for controlling electrical subsystems in a transport vehicle. Most of the modern motor vehicles have up to 80 ECUs. The development of an ECU unit ma
Introduction According to Acumen Research and Consulting, the global Automotive Aluminum market is expected to grow at noteworthy CAGR around 8.4 % throughout the forecast period and reach around US$ 62 billion by 2026. It offers great security and durability combined with increased fuel efficiency and decreased emissions as well as offers the most common metal
The global Autonomous Parking System Market size is expected to reach over 1.8 USD billion by 2026 and is expected to grow at CAGR 15.8% during the forecast period, 2019-2026. Continuously rising vehicle sales across the globe coupled with the increasing concern for the parking spaces have drive the global Autonomous parking system market during the forecast period 2019-2026. Durin
Global automotive sun visor market size is accounted over USD 10 billion by 2026 and is expected to grow at CAGR 3.2% during the forecast period 2019 to 2026. Sun visors has become an important part of modern vehicles and they enhance the overall appearance of the vehicle interior. Rising in demand for stylish sun visors, consistent increase in vehicle production across the world, owing to rapid urbanization, and increase in p