Automotive Safety Restraint Systems (SRS)
Market
Automotive Safety Restraint Systems (SRS) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive Safety Restraint Systems (SRS) Market Size and Growth
The Automotive Safety Restraint Systems (SRS) market is experiencing steady growth, driven by increasing vehicle production and rising safety regulations. In 2023, the market size is estimated at approximately $25 billion, with projections indicating continued expansion due to advancements in technology and heightened consumer awareness of safety features.
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Companies Covered
(Covid 19 Impact Covered)
◍ Continental
◍ Autoliv
◍ Delphi
◍ Takata
◍ Toyoda Gosei
◍ ZF TRW
◍ Key Safety
◍ Ashimori Industry
◍ Nihon Plast
◍ S&T Motiv
◍ Hyundai Mobis
◍ Tokai Rika
◍ Toyota Boshoku
◍ Changchun Faway
The Automotive Safety Restraint Systems (SRS) market is competitive, with key players like Continental, Autoliv, and ZF TRW driving innovation in airbags and seatbelts. These companies enhance safety technologies and compliance, expanding market reach. Notable sales revenue figures include Autoliv at $8.7 billion and Takata at $4 billion.
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Market Segmentation
By Application
Commercial Vehicle
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By Product
Market Growth
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$ X Billion USD
