A report from ReportLinker showed that the global automotive airbag market is expected to grow to $71.8 billion by the year 2025. The firm said the growing market can be attributed to a number of factors, including technological advances in developing airbags, legislation mandating the installation of airbags in newer vehicles and “smart” airbags that come with sensors.
airbags
More Than 12 Million Cars on the Road Have Defective Airbags
WJLA-TV recently reported that over 12 million late-model car owners are driving around in vehicles that are carrying defective airbags that have been recalled but never repaired. Jerry Cox, an auto safety expert, said half of the cars “have airbags that are more likely than not to kill you” in the event of a crash.