TechNavio today launched its report Global Automotive Airbag Market 2011-2015 based on an in-depth analysis covering the Americas, APAC, and Europe regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The Global Automotive Airbag market is highly fragmented. Currently, there are a large number of second and third tier manufacturers supplying the Airbag industry. With intensifying competition, it becomes very important for vendors to have a diversified geographical reach and product portfolio. Setting up new units or businesses is generally expensive and it takes some time to realize the gains from this. Instead, companies prefer the inorganic growth strategy of acquiring new businesses to expand their business operations. Also, the aim to become a desirable supplier leads to the largest producers acquiring smaller companies in the market.”
According to the report, the Global Automotive Airbag market is driven by the introduction of stringent government safety regulations across the globe. New safety directives are being issued in major markets worldwide. Moreover, enhanced safety standards are also being progressively introduced in emerging markets.
Further, the report discusses that the presence of airbags only in cars in the Premium Car and Mid-range Car segments is hindering the growth of the Global Automotive Airbag market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://goo.gl/dKAys
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – Global Automotive Airbag Market 2011-2015
