Automotive Airbag Market to Reach USD 27.63 Billion by 2030, Growing at a CAGR of 10.11%
A) Market Size The Automotive Airbag Market was valued at USD 14.08 billion in 2023. With a projected growth rate of 10.11% CAGR, the market is expected to reach USD 27.63 billion by 2030. This growth can be attributed to the increasing adoption of advanced safety features in vehicles, stricter government regulations, and technological advancements in airbag systems.
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