Trends, opportunities and forecast in automotive airbag market to 2027 by airbag type (front airbag, side airbag, curtain airbag, and knee airbag), by.
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The Global Vehicle Anti-Theft System Market is projected to grow at a CAGR of over 7% during 2022-2026 on account of growing adoption of biometric technologies, technological advancements and stringent safety regulations.
Increase in theft and safety awareness in vehicles among consumer is encouraging automobile manufacturers to produce vehicles with best theft and safety system, which is driving the Global Vehicle Anti-Theft System Market through 2026.
Based on product, the market has been segmented into Alarm, Passive Keyless Entry, Immobilizer, Steering Lock, Biometric Capture Device and Central Locking System. In 2026, the immobilizer segment dominated the market in terms of value. The APAC region dominated the market in 2020 and is estimated to maintain its dominance during 2022-2026 due to rising use of biometric technology and the increasing demand for multifactor authentication.
WINDSOR, ONT. The province is committing $210,000 for a new Adjustment Action Centre to help 800 Windsor Assembly Plant workers who were laid off when the third shift ended July 10. “Our government stands shoulder to shoulder with the auto workers who lost their jobs in Windsor,” said Monte McNaughton, Minister of Labour, Training and Skills Development. Total funding for the Action Centre is more than $440,000 and is coming from the province, Unifor Local 444, FCA Canada Inc. and ZF TRW Automotive Holding Corp. “I am proud of this collaboration with our local, FCA and the province to help our members and their families during these uncertain times,” said Dave Cassidy, president of Unifor Local 444.