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Automotive Airbag Market Players Expected to Make Massive Investments in the APAC Region Through 2020

January 10, 2017 | Author: | Posted in Automotive

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. …

 

Strict Government Regulations on Installation of Automotive Airbag Driving its Global Market to reach US$29.72 Bn by 2020

January 10, 2017 | Author: | Posted in Automotive

Automotive airbags are, at present, installed mostly in medium and luxury range cars (in terms of price). However, heavy investments in developing cheaper airbags that still meet the safety standards is a major factor boosting the automotive airbag market, according to Transparency Market Research. A recent report, titled “Automotive Airbag Market – Global Industry Analysis, …