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Makers of Safety – Critical Parts On Capex Drive To Get Set For New Rules

By Avalon ConsultingSeptember 12, 2022April 24th, 2023No Comments

According to Subhabrata Sengupta, Executive Director of Avalon Consulting, The current market size of airbags in revenue terms is around $350 million and is expected to catapult to $1 billion if the six-airbag regulation takes effect. There will also be an incremental $600 million opportunity for those involved in the supply of sensors, ECUs (electronic control units), etc.

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