Automotive Airbag Market to Reach USD 27.63 Billion by 2030, Growing at a CAGR of 10.11%

Krajput02 Jan, 2025News

Automotive Airbag Market Set to Reach USD 27.63 Billion by 2030, Growing at a CAGR of 10.11% Summary: The global Automotive Airbag Market is projected to grow from USD 14.08 billion in 2023 to USD 27.63 billion by 2030, with a robust compound annual growth rate (CAGR) of 10.11%. This growth is driven by increased demand for vehicle safety features, advancements in airbag technology, and regulatory requirements aimed at improving automotive safety. The market encompasses various segments, including airbag types, vehicle types, and key players in the industry.

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