North American passenger car airbag market is expected to have a modest growth rate at a CAGR of 4.9% during the forecast period. Cohesive government regulation, high average cost of the vehicle and significant adoption of the knee and curtain airbag in the region are the major factor for the growth of the market. Key Safety Systems, Inc., is one of the major passenger car airbag companies having headquarter in the US. It acquired a major passenger car airbag company named Takata corporation in 2017 to increase its market share all across the globe. Apart from Key Safety System, most of the other major market players have their manufacturing unit in North America, especially in the US. The decrease in vehicles sales in the region is one of the restraining factors for the market in the region. In the US, around 2.8 million passenger cars were manufactured in 2018 which was 7.8% less than the previous year. Similarly, in Canada, the production of passenger cars decreased by 12.7% from 656,000 in 2018 from 751,000 in 2017. Moreover, vehicle recall due to faulty airbags is also one of the major challenges for the regional market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/north-american-passenger-car-airbag-market
With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this North American Passenger Car Airbag Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. North American Passenger Car Airbag Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.
This informative yet easy to understand North American Passenger Car Airbag Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this North American Passenger Car Airbag Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.
full report of North American Passenger Car Airbag Market available @ https://www.omrglobal.com/industry-reports/north-american-passenger-car-airbag-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
North American Passenger Car Airbag Market by Type
- Front Airbag
- Side Airbag
- Curtain Airbag
- Knee Airbag
North American Passenger Car Airbag Market by Vehicle Type
- Hatchback
- Sedan
- SUV
Regional Analysis
- United States
- Canada
Company Profiles
- Autoliv Inc.
- Continental AG
- Daicel Corp.
- DENSO Corp.
- Global Safety Textiles, LLC
- Hyundai Mobis Co., Ltd.
- Key Safety Systems, Inc.
- NXP Semiconductors N.V.
- Robert Bosch GmbH
- Toyoda Gosei Co., Ltd.
- TRW Automotive Holdings Corp.
The Report Covers
- Comprehensive research methodology of the North American Passenger Car Airbag Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American Passenger Car Airbag Market.
- Insights about market determinants which are stimulating the North American Passenger Car Airbag Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-passenger-car-airbag-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
