The Indonesia automotive safety airbag market is expected to reach US$0.311 billion by 2024 from US$0.186 billion in 2018 growing at a CAGR of 8.97%. The growth of the market in Indonesia is majorly attributed to the growth of the automotive manufacturing of the country as it is the pillar of the country’s overall manufacturing sector. The growth in domestic car sales is also one of the major factors expected to drive the growth of the market throughout the forecast period. Being the second-largest car manufacturing country of South East Asia, burgeoning growth opportunities are expected for the key players of the market to invest in the country and expand their market share.
“Indonesia 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.
Indonesia 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. By end-user, the market is segmented into OEMs and aftermarket.
Major players in the Indonesia 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 Indonesia automotive safety airbag market.
The Indonesia 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