The Argentina automotive safety airbag market is expected to reach US$0.071 billion by 2024 from US$0.072 billion in 2018 growing at a CAGR of 0.34%. The market for automotive safety airbags in Argentina is poised to grow majorly on the account of significant growth in the automotive sector of the country. The government regulations to boost automotive production in the country will drive the growth of the market throughout the forecast period. In March 2017 the Government made an announcement regarding the latest plan for the auto industry in the country, known as the One Million Plan (Plan 1 Millón), which was aimed to boost the manufacturing of the vehicles till 2030. In addition, the plan also aimed to boost the auto parts manufacturing and increased investments towards R&D with an aim to increase the country’s competitiveness at the global level.
“Argentina Automotive Safety Airbag Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report also analyses the market through comprehensive market segmentation by product type, vehicle type, and end-user.
Argentina automotive safety airbag market has been segmented based on product type, vehicle type, and end-user. By product type, the market is segmented as the front airbag, side airbag, and others. By vehicle type, the market is segmented as passenger vehicles, light commercial vehicles, and heavy commercial vehicles. By end-user, the market is segmented into OEMs and aftermarket.
Major players in the Argentina automotive safety airbag market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Argentina automotive safety airbag market.
Segmentation
The Argentina automotive safety airbag market has been segmented by product type, vehicle type, and end-user.
By Product Type
Front Airbag
Side Airbag
Others
By Vehicle Type
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
By End-User
OEMs
Aftermarket
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