The Hungary automotive safety airbag market is expected to reach US$0.082 billion by 2024 from US$0.065 billion in 2018 growing at a CAGR of 3.72%. The market for airbags in Hungary is anticipated to propel during the forecast period on account of the growing investments by luxury car manufacturers in the country. For instance, currently, Mercedes Benz is building a second factory in the country. In addition, the presence of key market players such as Bosch, which has the largest R&D center in Budapest outside Germany also provides burgeoning opportunities for other market players to invest in the country and gain a competitive edge in the market and expand their market presence.
“Hungary 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.
Hungary 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 Hungary 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 Hungary automotive safety airbag market.
The Hungary automotive safety airbag market has been segmented by product type, vehicle type, and end-user.
By Product Type
By Vehicle Type