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.
Takata
Does Your Vehicle Have a Defective Airbag?
Despite its promise to have all of its airbags fixed, Takata has yet to complete this task. In fact, 24% of those recalled airbags have yet to be repaired. That means nearly 12 million vehicles are on the road with defective airbags.
