Automotive Airbags Market Size [2021] | Is Projected to Reach USD 22.53 Billion Exhibiting a CAGR of 8.2% by 2026
The market is expected to gain momentum from a rise in the implementation of strict safety rules and regulations for pedestrians and drivers. Additionally, governments of various countries are enforcing OEMs to install airbags in commercial vehicles as well as passenger cars to double the safety features. In terms of vehicle type, the market is grouped into commercial vehicles and passenger cars. Amongst them, at present, the passenger car segment holds the largest automotive airbags market share. It is projected to lead the market in the coming years. The gove...