Automotive Airbag And Seat Belt Market To Bolster The Industry Growth To Reach $73.45 Billion By 2025: Grand View Research Inc.
San Francisco, 7 March 2019: The Report Automotive Airbag And Seat Belt Market Size, Share & Trends Analysis Report By End Use (Passenger, Commercial), By Type (Curtain, Knee, Side, Two Point, Three Point), By Region, And Segment Forecasts, 2018 – 2025 The global Automotive Airbag And Seat Belt Market size is expected to reach USD 73.45 billion by 2025, according to a new study by Grand View Research, Inc. The market is estimated to expand at a CAGR of 5.9% during the forecast period. Various federal, state, and local regulations pertaining to the installation of basic passive safety systems is one of the major factors driving the market. Growing awareness among consumers about the importance of implementing safety systems in vehicles is also responsible for propelling the market growth. Increasing consumer disposable income levels, particularly in emerging nations of Asia Pacific, Latin America, and Eastern Europe, are expected to have a positive impact on the market. Furth...