Global Pedestrian Protection Airbag market cagr 9.0%

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Pedestrian Protection Airbag Market

Pedestrian Protection Airbag Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Pedestrian Protection Airbag Market Size and Growth

The Pedestrian Protection Airbag market is experiencing significant growth due to increased safety regulations and consumer demand for advanced vehicle safety features. As of 2023, the market size is projected to reach approximately $1 billion, driven by innovations in airbag technology and collaborations between automotive manufacturers and safety equipment providers.

Companies Covered

(Covid 19 Impact Covered)

◍ Autoliv

◍ Joyson Safety Systems

◍ ZF TRW

◍ Toyoda Gosei

◍ KSS

◍ Hyundai Mobis

◍ Nihon Plast

◍ Ashimori

◍ East Joy Long

The Pedestrian Protection Airbag Market features key players like Autoliv, Joyson Safety Systems, and ZF TRW, focusing on innovative safety solutions. These companies drive market growth through technology advancements, expanding product portfolios, and strategic partnerships.

- Autoliv: ~$8.6 billion (2022 revenue)

- Joyson Safety Systems: ~$3.5 billion (2021 revenue)

- Hyundai Mobis: ~$22.8 billion (2022 revenue)

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Market Segmentation

By Application

Passenger Vehicle

Commercial Vehicle

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By Product

Minicar

Light-duty Vehicle

Market Growth

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$ X Billion USD

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Global Pedestrian Protection Airbag market cagr 9.0% by ReportPrime - Issuu