Automotive Airbag Market is expected to reach $17.9 Billion by 2027- An exclusive market research report by Lucintel

Opportunities in the automotive airbag market have evolved through a number of stages i.e. Lucintel has found the future of this market to be promising; the automotive airbag market is expected to reach $17.9 billion by 2027 with a CAGR of 6.4%. In this market, front airbag is expected to remain the largest airbag type. Players can benefit from the available opportunities like increasing light vehicle production; China will remain the leading market in terms of vehicle production.
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Autoliv Inc., Joyson Safety Systems, ZF TRW Automotive Holding Corp, Toyoda Gosei Co., Ltd., and Hyundai Mobis Co., Ltd. are some of the companies profiled in this report.
Some of the features of this report:
• Market size estimates: Automotive airbag market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis: Market trend (2016-2021) and forecast (2022-2027) by various segments.
• Segmentation analysis: Automotive airbag market size by various various segments, such as by airbag type and vehicle type in terms of value and volume shipment.
• Regional analysis: Automotive airbag market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different segments by airbag type, vehicle type, and regions of automotive airbag in the automotive airbag market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive airbag in the automotive airbag market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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