The global automotive airbag and seat belt market size was valued at USD 46.42 billion in 2017 and is anticipated to expand at a CAGR of 5% over the forecast period. Continuous efforts taken by prominent companies to introduce innovative airbag and seatbelt technologies have contributed to market growth. Over the past few years, Original Equipment Manufacturers (OEMs) and suppliers have been working toward the development of advanced products.
A full report of Automotive Airbag and Seat Belt Market is available at: https://www.orionmarketreports.com/automotive-airbag-and-seat-belt-market/24469/
Autoliv, Delphi Automotive, Takata Corporation, Hyundai Mobis Co., Toyoda Gosei, Robert Bosch, and Continental AG are among the prominent players in the industry. Industry participants are aiming to introduce innovative products to enhance their market shares. Supply chain plays a vital role in industry as the quality check takes place in the company itself. Automotive airbags possess a complex supply chain. Takata has executed the biggest recalls ever. The improper packaging of the airbag inflators led to unexpected explosion. The inadequate quality control records led to the incident. It is very important to maintain the communication even if the parts breakdown.
Automotive Airbag and Seat Belt Market Key Segments:
By Type
Airbag Type
• Curtain
• Front
• Knee
• Side
Seat Belt Type
• Two Point
• Three-Point
• Others
By End-Use
Airbag End Use
• Passenger Vehicle
• Commercial Vehicle
Seat Belt End Use
• Passenger Vehicle
• Commercial Vehicle
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
