Report ID: SQMIG45A2213
Report ID:
SQMIG45A2213 |
Region:
Global |
Published Date: October, 2024
Pages:
197
|
Tables:
120 |
Figures:
71
Global Automotive Curtain Airbags Market size was valued at USD 3.8 billion in 2022 and is poised to grow from USD 4.06 billion in 2023 to USD 6.87 billion by 2031, growing at a CAGR of 6.80% during the forecast period (2024-2031).
The rising incidence of road accidents has prompted Original Equipment Manufacturers (OEMs) to mandate airbag installations in vehicles as a safety measure. Alongside this, an upsurge in public awareness regarding vehicular safety and continual technological advancements are anticipated to drive a surge in demand for curtain airbags across the forecast period.
As consumers become more conscious of safety features in vehicles and as technology progresses, there's an increasing expectation and necessity for enhanced safety measures within automobiles. This heightened awareness and the ongoing advancements in automotive safety technologies are likely to fuel the demand for curtain airbags, which serve as a crucial safety component, aiming to provide additional protection to occupants in the event of a collision or accident.
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Report ID: SQMIG45A2213