Automotive Airbag Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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Automotive Airbag Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date

2015-03-09

57 Page Report

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Automotive Airbag Market is Expected to Reach USD 29.72 Billion

in 2020

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Automotive Airbag Market

REPORT DESCRIPTION

Automotive Airbag Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2014 – 2020

As traces of the 2008 global economic slump are fading, the automotive market is on course to

witnessing a resurgence of sorts. Currently, the automotive segment is regarded as one of the

few booming sectors in the world. Over the next few years, the automotive and automobile

market is expected to register impressive growth rates. Factors such as passenger safety are

coming under the spotlight, especially in non-traditional economies.

In this context, the global automotive air bag market is expected to witness high growth rates.

Many of these changes in passenger safety standards will be a result of new legislation that has

been recently introduced – or will soon be brought about – in thriving markets. In fact, the

installation of certain safety devices is soon to become mandatory in cars and a few other

passenger vehicles. Besides the automotive airbag market, other segments such as seat belt

restraint systems will attain healthy growth and garner more revenues.

Browse the full Automotive Airbag Market Report @ :

http://www.transparencymarketresearch.com/automotive-airbagmarket.html

A typically airbag module is composed of the following important elements: Crash sensors,

steering wheel connecting coil, an inflator, and diagnostic monitoring units. The size and shape

of the airbag varies depending on the...