Russia Automotive Safety Airbag Market - Forecasts from 2019 to 2024

The Russian automotive safety airbag market is estimated to reach US$0.481 billion by 2024 from US$0.258 billion in 2018 growing at a CAGR of 10.97%. Russia is also one of the prominent automotive manufacturers in Europe and has witnessed a substantial increase in automotive production over recent years. This is estimated to promote the demand for automotive airbags in the country in the coming years. Furthermore, rising government initiatives to promote road safety is estimated to further strengthen this growth in the years to come. Moreover, concerns regarding airbag defects and faults have instigated a regular and prompt checking of these defects, thus positively impacting the airbags market in the country in the years to come.

“Russia Automotive Safety Airbag Market - Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report also analyses the market through comprehensive market segmentation by product type, vehicle type, and end-user.

Russia automotive safety airbag market has been segmented based on product type, vehicle type, and end-user. By product type, the market is segmented as the front airbag, side airbag, and others. By vehicle type, the market is segmented as passenger vehicles, light commercial vehicles, and heavy commercial vehicles. By end-user, the market is segmented into OEMs and aftermarket.

Major players in the Russia automotive safety airbag market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Russia automotive safety airbag market.

Segmentation

The Russia automotive safety airbag market has been segmented by product type, vehicle type, and end-user.

By Product Type

• Front Airbag
• Side Airbag
• Others

By Vehicle Type

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle

By End-User

• OEMs
• Aftermarket