The United Kingdom automotive safety airbag market is expected to reach US$0.273 billion by 2024 from US$0.241 billion in 2018 growing at a CAGR of 2.11%. The United Kingdom automotive safety airbags market is estimated to shoot up in the coming years primarily owing to favorable government initiatives and rising awareness. Furthermore, innovations and rapid product launches by key players in the market is also estimated to positively impact this growth in the coming years. However, declining automotive sales and production in the country is estimated to hamper the growth of the automotive safety airbags market in the region during the forecast period.
“United Kingdom 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.
United Kingdom 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 United Kingdom 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 United Kingdom automotive safety airbag market.
The United Kingdom 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