The Austria automotive safety airbag market is expected to grow at a CAGR of 0.36%. As per the Austrian road safety laws in which all the vehicles have to pass an inspection in order to check their safety and roadworthiness, in which the whole vehicle is thoroughly inspected which includes the safety systems, such as airbags, seatbelts, and the 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).
“Austria 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.
Austria 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 and commercial vehicles. By end-user, the market is segmented into OEMs and aftermarket.
Major players in the Austria 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 Austria automotive safety airbag market.
The Austria automotive safety airbag market has been segmented by product type, vehicle type, and end-user.
By Product Type
By Vehicle Type