The Belgium automotive safety airbag market is expected to reach US$0.063 billion by 2024 from US$0.054 billion in 2018 growing at a CAGR of 2.86%. The market in Belgium is projected to grow at a significant CAGR due to the presence of big automotive manufacturers such as Volvo and Audi. Furthermore, the automotive sector also plays an important role in the country’s economy. The rising manufacturing of automobiles and the growing exports are the major factors that are expected to drive the market growth in the country throughout the forecast period. Moreover, an increase in the number of accidents is also projected to amplify the market growth during the coming years.
“Belgium 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
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
Belgium 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 and commercial vehicles. By end-user, the market is segmented into OEMs and aftermarket.
Major players in the Belgium 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 Belgium automotive safety airbag market.
Segmentation
The Belgium 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
Commercial Vehicle
By End-User
OEMs
Aftermarket