Global Automotive Airbag Market Worth $ 15 Billion by 2020

Date: 2017-11-13

Automotive Airbag is a type of vehicle safety device and is an occupant restraint system. Automotive Airbag includes Frontal Airbag, Side Airbag and Curtain Airbag on the base of classification. 

Heavy Vehicles, Luxury Vehicles and Economy Vehicles are the main application of Automotive Airbag product and Asia is the largest Automotive Airbag market on production and consumption.

Global Automotive Airbag market is projected to reach $ 15 Billion by 2020, with a GAGR of 5.6% from 2016, and Asia will have a big dynamic momentum on the market growth. The major players in the global Automotive Airbag market are Takata, Toyoda Gosei, Tokai Rika Co, Key Safety Systems, GE, Autoliv, Delphi Automotive PLC, ZF, Denso Corp etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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