The Global Automotive Curtain Airbags Market is estimated to exhibit a CAGR of 9.55% during the forecast period of 2021-2028. Growing consumer awareness to adopt vehicle safety features is an essential factor driving the automotive curtain airbags market. The automotive curtain airbags market will reach at an estimated value of USD 21.97 billion by 2028.
However, rise in the risk of injury and product reliability issues is the major factor among others restraining the market growth, and will further challenge the automotive curtain airbags market.
According to Data Bridge Market Research, the automotive curtain airbags market will exhibit a significant rise in its market value. Rise in the number of road accidents has led to the mandatory installation of airbags by the OEMs is a crucial factor accelerating the market growth, also increase in the airbags adoption coupled with development of new iterations of airbags design and technology, increase in the presence of trade markets and automotive distributors, rise in the growth in commercial vehicle sales and increase in the updates in stringent vehicle safety norms and test are the major factors among others boosting the automotive curtain airbags market.
Currently, North America dominates the global automotive curtain airbags market in terms of market share and market revenue owing to the increase in the airbags adoption coupled with development of new iterations of airbags design and technology and increase in the presence of trade markets and automotive distributors in this region.
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The global automotive curtain airbags market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in Automotive Curtain Airbags Market report
Above are the key players covered in the report, to know about more and exhaustive list of automotive curtain airbags market companies contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-curtain-airbags-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Automotive Curtain Airbags Market – Industry Trends and Forecast to 2028