The Global Automotive Airbag Sensor Market is expected to grow by $ 82.87 mn during 2020-2024 progressing at a CAGR of 3% during the forecast period


(MENAFN- GlobeNewsWire - Nasdaq) New York, June 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Airbag Sensor Market 2020-2024" - [To enable links contact MENAFN]
Our reports on automotive airbag sensor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the production shift to low-cost countries, enhanced vehicle safety with more airbags, and growing importance of crash tests and NCAP ratings. In addition, Production shift to low-cost countries is anticipated to boost the growth of the market as well.
The automotive airbag sensor market analysis includes application segment and geographic landscapes
The automotive airbag sensor market is segmented as below:
By Application
• Passenger cars
• LCVs
• M and HCVs
By Geographic Landscapes
• APAC
• Europe
• North America
• South America
• MEA
This study identifies the MEMs sensors for airbags as one of the prime reasons driving the automotive airbag sensor market growth during the next few years. Also, future regulations on curtain airbags to boost market growth and consolidation by acquisitions in the automotive airbag and its component market will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive airbag sensor market covers the following areas:
• Automotive airbag sensor market sizing
• Automotive airbag sensor market forecast
• Automotive airbag sensor market industry analysis
Read the full report: [To enable links contact MENAFN]
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