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Pune, India, December 14, 2021 (Global News Agency)-According to a report by Fortune Business Insights, Automotive airbag market size It is expected to reach USD 22.53 billion by 2026, with a compound annual growth rate of 8.2%. The value of the automotive airbag industry in 2018 was USD 12.54 billion. The increasing number of road traffic accidents has further led to serious human deaths. It has led to an increase in the number of safety awareness programs among consumers. It will promote the growth of the automotive airbag market during the forecast period.
| Report scope | detail |
| Forecast period | 2020-2027 |
| Compound annual growth rate from 2020 to 2027 in the forecast period | 9.6% |
| Value forecast to 2027 | USD 20.13 billion |
| Base year | 2019 year |
| 2019 market size | 9.67 billion USD |
| historical data | 2017 to 2019 |
| Number of pages |
The full story can be found on Benzinga.com
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