The Automotive Airbags Market: Safety Innovation Driving Industry Growth
The automotive airbags market has become a cornerstone of vehicle safety technology, evolving from a luxury feature to a mandatory safety requirement across global markets. As road safety regulations tighten and consumer awareness increases, the airbags market continues to expand, driven by technological advancements and stringent safety standards. To Explore More Details- https://futuremarketanalytics.com/report/automotive-airbags-market/ Market Overview and Size The global automotive airbags market has experienced robust growth over the past decade, with the industry valued at approximately $18 billion in 2023. Market analysts project continued expansion, with the sector expected to reach $25 billion by 2030, representing a compound annual growth rate (CAGR) of around 4.5%. This growth trajectory reflects the increasing focus on passenger safety and the rising production of vehicles worldwide. The market encompasses various airbag types, including frontal airbags, side...