The Turkey automotive safety airbag market was valued at US$0.186 billion in 2021.
The market for automotive safety airbags in Turkey is anticipated to grow at a significant rate owing to the burgeoning automotive industry of the country. Owing to rapid industrialization, the auto industry has transformed from providing assembly-based services to a full-fledged design and mass production capability. Furthermore, the country has a strong record of meeting the international quality and safety standards which have led to the development of the auto-industry into a highly efficient industry. On the other hand, out of all the deaths in road traffic accidents, 55% of those who die are drivers and passengers. Thus, the rising adoption of front airbags is expected during the given time frame, which may add up to the market growth.
This research study examines the Turkey automotive safety airbag market based on various segments: product type, vehicle type, and end-user. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model comprehensively analyzes Turkey’s automotive safety airbag industry. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the Turkey automotive safety airbag market. Moreover, the research study analyzes the overall regulatory framework of Turkey’s automotive safety airbag sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Turkey automotive safety airbag market – Forecasts from 2023 to 2028 is a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the Turkey automotive safety airbag market report is as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$0.186 billion |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Product Type, Vehicle Type, and End-User |
| Companies Covered | Robert Bosch GmbH, Autoliv Inc., DENSO Corporation, ZF Friedrichshafen AG |
| Customization Scope | Free report customization with purchase |
Different segments covered under the Turkey automotive safety airbag market report are as below: