The Austria automotive safety airbag market was valued at US$0.018 billion in 2021.
As per the Austrian road safety laws in which all vehicles have to pass an inspection to check their safety and roadworthiness, in which the whole vehicle is thoroughly inspected which includes the safety systems, such as airbags, seatbelts, and braking systems. Thus, these laws are expected to positively impact the growth of the market in the coming years. Furthermore, the growth of the growing automotive sector is also expected as a major driver for the growth of the market. For instance, the production of passenger cars increased from 78,000 units in 2017 to 1,44,500 units in 2018 (Source: OICA).
This research study examines the Austrian automotive safety airbag market based on various segments: product type, vehicle type, and end-user. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes Austria’s automotive safety airbag industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the Austrian automotive safety airbag market. Moreover, the research study analyzes the overall regulatory framework of Austria’s automotive safety airbag sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Austria automotive safety airbag market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the Austria automotive safety airbag market report are as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$0.018 billion |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Product Type, Vehicle Type, and End-User |
| Companies Covered | Robert Bosch GmbH, DENSO Corporation, ZF Friedrichshafen AG, Toyoda Gosei Co. Ltd. |
| Customization Scope | Free report customization with purchase |
Different segments covered under the Austria automotive safety airbag market report are as below: