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The automotive airbags and seatbelts market was valued at US$ 53.74 billion in 2021 and is expected to reach US$ 111.91 billion by 2028; it is estimated to. ....
tipFebruary 19, 2021 15 Airbag sensors are incorporated in the vehicles and airplanes which protect the passengers from chest and head injury during collision. These sensors detects hasty deceleration in an accident. The sensors activate the airbag to go off when an accident is detected. Rise in the production and sales of airbag sensors in light and heavy commercial vehicles such as trucks to ensure safety of passenger and vehicle is rising which is considered as one of a driving factor in airbag sensors market. However, prolonged and complex procedure of replacing the system and inappropriate fitting of sensors is responsible to hamper the growth of Airbag sensors market. Nonetheless, with the support from government in respect to ensure higher safety regulations, the regulatory bodies are taking initiatives related to automotive vehicle which is anticipated to provide ample of opportunities to airbag sensors market. Also rise in the urbanization due to high dispos ....