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Airbag Electronics Market Expected To Witness A Sustainable Growth Over 2026 Date: February 24, 2022 Author: Tech News
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Increasing consciousness over automobile safety has driven the installation of airbags across all kinds of vehicles. Concurrently, airbag electronics are becoming an essential commodity in the automotive industry. OEMs are actively adopting smart airbag technology, which is in uencing the production of airbag electronics. Control modules are being designed to work effectively with advanced sensors. New developments in the manufacturing of crash sensors, airbag deployment module and collision detectors are also in uencing the manufacturing landscape of airbag electronics. Companies such as, Autoliv (Sweden), Key Safety Systems, Inc. (US), Denso Corporation (Japan), Toyoda-Gosei Co., Ltd. (Japan), Takata Corporation (Japan), TRW Automotive Holdings Corp. (US), Hyundai Mobis, Ashimori, Nihon Plast, and Ningbo Joyson Electronic are being observed as the global leaders in airbag electronics manufacturing. Transparency Market Research’s latest study has pro led these companies as