A Complete study On Brazil Automotive Safety Airbag Market


The Brazil automotive safety airbag market is expected to reach US$0.527 billion by 2024 from US$0.417 billion in 2018 growing at a CAGR of 3.97%. The mandatory requirement of airbags in all
vehicles is one of the major factors driving the demand for airbags in the country. In 2013, new safety regulations were introduced which stated the mandatory requirements of frontal airbags for
driver and passengers along with the mandatory fitting of ABS for all the new vehicles to be sold in the country after 2014.