Global Automotive Airbag Market worth US$ 22.6 Billion 2029 with a CAGR of 9.0 %The report "Global Automotive Airbag Market, By Product Type (Front Airbag, Knee Airbag, Side Airbag, Curtain Airbag, and Pedestrian Airbag), By Vehicle type (OEM and Aftermarket), By Sales Channel (Passenger Car and Commercial Vehicle), and Region - Global Forecast to 2029" Global automotive airbag market is projected to grow from US$ 10.5 billion in 2020 to US$ 22.6 billion by 2029. Rising number of road accidents and increasing safety concerns among the individuals across the globe are major driving growth factor for the global automotive airbag market. In addition, availability of pre-fitted airbag safety systems in some luxury and premium vehicles is another factor propelling growth of the global market. Growing demand for electric vehicles and rising demand for pedestrian protection airbags are some among major factors expected to create lucrative opportunity for the key players operating in the global automotive airbag market.Link: https://www.prophecymarketinsights.com/market_insight/Global-Automotive-Airbag-Market-By-499