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(I-AutoNewsWire.com, January 23, 2019 ) Stratview Research has launched a research report on Automotive Passive Safety System Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity Automotive Passive Safety System Market from 2017 to 2022.
This report is segmented in four ways to provide a 360-degree holistic view. The segments are – • By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle) • By Application Type (Airbag, Seat Belt, Steering Wheel, Electronic Control Unit, Other Passive Safety Systems) • By End-Use Type (OEM, Aftermarket) • By Region o North America (Country Analysis: The USA, Canada, and Mexico) o Europe (Country Analysis: France, Germany, the UK, Spain, Russia, and Rest of Europe) o Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific) o Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Stratview Research has presented the study of Automotive Passive Safety System Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. Autoliv AB, Delphi Automotive, ZF TRW Automotive Holdings Corp., and Takata Corporation are the major companies capturing majority of share in the global automotive passive safety system market Go through the detailed scope: https://www.stratviewresearch.com/toc/122/automotive-passive-safety-system-market.html Or Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/122/automotive-passive-safety-system-market.html
Rising consumer’s preferences for high safety features The global automotive passive safety system market is projected to grow at a sustainable CAGR of 3.7% over the next five years to reach US$ 27.9 billion in 2022. Rising consumers’ preferences for high safety features in the vehicles, introduction of more stringent safety standards by the governments of many countries, increasing penetration of curtain and knee airbags, especially in the developing economies, organic growth of automotive production, and an advancement in technology are some of the major factors driving the demand for passive safety systems in the global automotive industry over the next few years.
OEM to remain the most dominant end use type OEM’s market is likely to remain the largest end-use type during the forecast period and is expected to experience a higher growth rate over the next five years, driven by an increasing automotive passenger cars and commercial vehicles across regions.
About Stratview Research Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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