MRRSE has announced the addition of the “Automotive Airbag Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” report to their offering.

1. Automotive Airbag Market : Latest Innovations, Drivers,
Dynamics And Strategic Analysis, Challenges By 2020
Report Description
The automotive segment is one of the booming sectors at
present and it is expected to grow significantly in the next
few years prioritizing more on customer safety and comfort.

2. In alignment with government legislations regarding safety of
drivers/passengers, automotive manufacturers are installing
safety devices on a compulsory basis in cars. With
technological innovations, consumers are more inclined
toward adopting automotive safety products to ensure safety
and comfort. Airbags and seat belt restraint systems are
sophisticated car occupant systems that represent the most
rapidly growing market for safety devices in recent times.
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Based on the type of airbag safety systems, the market is
segmented into four types: front airbag, side airbag, knee

3. airbag, and curtain airbag. Due to advancements in
technology, the market for these types is growing
significantly. Regulations for adopting airbag safety systems
in every passenger car by governments in Europe, North
America (primarily the U.S.) and some parts of Asia Pacific
have opened up huge opportunities for the market in these
regions. Growing demand for consumer comfort and safety
also plays an important role in the growth of this market.
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Asia pacific accounted for the largest market share in 2013,
which is expected to lure heavy investment and at the same

4. time high end research is expected to be carried out in the
field of airbags. In addition, Improving lifestyles, increasing
vehicle demand and changing buyer’s preferences have
ensured its dominance. The Asia Pacific automotive airbag
market was valued at USD 5.91 billion in 2013 and is
expected to be the fastest growing automotive airbag market
in the coming years.
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http://www.mrrse.com/automotive-airbag-market
Major industry participants include Autoliv, Delphi
Automotive PLC, Takata Corporation, TRW Automotive
Holdings Corporation, and Key Safety System.

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