The Germany automotive safety airbag market is expected to reach US$1.207 billion by 2024 from US$0.946 billion in 2018 growing at a CAGR of 4.15%. Germany is one of the major automotive hubs in the European region and is a major automotive manufacturer at the global level, making it one of the significant market shareholder in the European automotive safety airbags market. Moreover, the rising automotive production is also estimated to shoot this demand further in the coming years. Furthermore, stringent government regulations regarding road safety and the use of airbags, combined with the high presence of key market players is also one of the key drivers pushing the growth of the market further.
“Germany 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.
Germany 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 Germany 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 Germany automotive safety airbag market.
The Germany automotive safety airbag market has been segmented by product type, vehicle type, and end-user.
By Product Type
By Vehicle Type
Light Commercial Vehicle
Heavy Commercial Vehicle