The Spain automotive safety airbag market is expected to reach US$0.510 billion by 2024 from US$0.420 billion in 2018 growing at a CAGR of 3.27%. Spain is one of the prominent automotive manufacturers in Europe and is witnessing a rise in the automotive production. This is projected to result in an increasing demand for automotive safety airbags in the country in the years to come. In addition to this, favourable government policies in combination with rising investment by major players in the market are expected to shoot this demand in the years to come. Furthermore, the rising number of road accidents is also estimated to shoot the adoption of aftermarket safety airbags in the coming years.
“Spain 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.
Spain 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 Spain 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 Spain automotive safety airbag market.
The Spain 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