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Home Asia Pacific

APAC auto safety systems market to expand at 2.6% CAGR over 2023-28: GlobalData, ET Auto

NEWSROOM by NEWSROOM
May 9, 2024
in Asia Pacific, Automotive
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Another major driving force behind the safety systems market’s growth is technological advancements.

New Delhi: The increased prevalence of automotive active and passive safety systems can be attributed to an array of factors, including a heightened awareness of safety concerns among consumers and government regulations aimed at improving safety standards.Against this backdrop, the active and passive safety systems market is forecast to post a compound annual growth rate (CAGR) of 2.6% in Asia-Pacific (APAC) during 2023-28, according to GlobalData,…



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