Airbags are driver safety devices deployed in vehicles to provide cushioning and protection to passengers in the event of crashes/accidents. The bag is made of thin nylon fabric, and is folded into the dashboard, steering wheel, seat, roof or door. The crash sensor sends a message to inflate the bag in case of collision, while the inflation system helps in immediate inflation of air bag inside the passenger cabin.
FMI delivers key insights on the global automotive airbag market in its latest report titled ‘Automotive Airbag Market: Global Industry Analysis and Opportunity Assessment 2017-2027.’ The long-term outlook on the global automotive airbag market remains positive with the market value expected to increase at a CAGR of 3.8% during the forecast period (2017-2027). Among product types, the driver ... Read more
