Submitted by pooja makkhar • March 11, 2020
www.omrglobal.com
Asia-Pacific will be the leader in the global passenger car airbag market and is expected to grow at a CAGR of 7.3% during the forecasted period. Some of the key factors for the growth of the market include significant vehicle sales in the region during the forecast period, and high vehicle exports by the countries including Chian, Japan, South Korea, and India. In addition, cohesive government regulation, adoption of the New Car Assesment Program, rising awareness of customers are among the major factor for the growth of the market.
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- Category: Business News
- Tags: future prospects, industry growth, opportunities, share, size