Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. The country is a leading exporter of vehicles and their spare parts. The German economy has a significant share of the automotive sector with around 15-20% of the total economy. The country is known for its quality products […]
Category Archives: Automotive
European Airbag market is forecast to grow at a CAGR of around 5.5% during the forecast period. Europe is one of the key players for the sales and production of the airbag and automotive. The UK, Germany, Spain, Italy, France are the leading automobile manufacture across the globe. The market share of Europe in the […]
China Airbag Market is the global leader in automotive production and sales. China airbag market is expected to grow at a CAGR of 7.5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, China has manufactured about 27.8 million vehicles in 2018. The Chinese Central Government expects that China’s automotive output […]
Brazil airbag market is forecast to augment at a CAGR of nearly 7% during the forecast period. Key factors that will raise the country’s airbag market include increasing disposable income of the people, rising awareness toward road safety, high road accidents and cohesive government regulations. Front airbags and anti-lock braking systems are mandatory in passenger […]
Asia Pacific Airbag Market is the leader in the global airbag market and is expected to grow at a CAGR of more than 7% during the forecasted period. The major factors for the growth of the market include significant vehicle sales in the region during the forecast period, and high vehicle exports by the countries […]
The global Recreational vehicles market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030). The global Recreational vehicles market is anticipated to grow at a significant rate owing to several factors which includes, increasing disposable income, growing popularity of outdoor recreation, and expansion of RV rental services. In December 2023, Kia India […]
Low-speed vehicle market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. The versatility of low-speed vehicles is a crucial feature for sustaining the market. Meter maids, hunting, yard maintenance, industrial utilities, grounds-keeping, and campus security are all common uses for them. They are also utilized in corporate offices, museums, […]
Passenger car airbag market is expected to grow at a CAGR of 6.5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, around 70.5 million cars were produced in 2018 with a slight decrease in total production. The major factor for the growth of the market includes cohesive government regulations, rising […]
Latin American e-commerce retail market is growing at a considerable CAGR of around 25.6% during the forecast period. The market growth is mainly augmented by a rise in internet users, an increase in online sales convenience of mobile e-commerce, and incremental trust in the logic of online purchases. For instance, according to the ITU, around […]
The global motorhome market is expected to grow at a CAGR of 8.5% during the forecast period. One of the factors that are boosting the market growth is the implementation of stringent vehicle emission regulations in most nations across the globe which is encouraging consumers to switch to hybrid and electric recreational vehicles such as motorhomes. The […]