Europe is one of the key players for the sales and production of the airbag and automotive. The market is expected to grow at a CAGR of around 6% during the forecast period. The UK, Germany, Spain, Italy, France are the leading automobile manufacture across the globe. The market share of Europe in the global […]
Category Archives: Business
China is the global leader in automotive production and sales. China passenger car airbag market is forecast to grow at a CAGR of around 8% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, China has manufactured about 23.5 million passenger vehicles in 2018, highest all across the globe. It is […]
China 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 will touch […]
Brazil passenger car airbag market is forecast to grow at a CAGR around 7% during the forecast period. The major factor for the growth of the market is a significant increase in passenger car production in the country. Brazil is among the few countries which registered positive growth in 2019 in vehicle production and registration. […]
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 […]
Australia is forecast to show modest growth in the passenger car airbag market. Cohesive government regulation, early adoption of the New Car Assessment Program, consumer awareness toward vehicle safety are among the major factor augmenting the growth of the market. Vehicle recall due to faulty airbags is one of the major challenges for the industry. […]
Asia-Pacific will be the leader in the global passenger car airbag market and is expected to grow at a CAGR of 7.3% during the forecasted period. Some of the key 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 […]
Asia-Pacific 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 including China, Japan, […]
The Asia-Pacific automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 11.1% during the forecast period. The major factors that are driving the Asia-Pacific ASRS market include the rising focus of the warehousing companies towards automation and the […]
The China automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 11.3% during the forecast period. The major factors that are driving the China ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. China […]