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USD 17.9 Million will grow from 2024 to 2028 projected for the Automotive Crash Test Dummies Market, Revolutionizing Auto Safety- TechnavioNEW YORK, Jan. 23, 2024 /PRNewswire/ -- The Automotive Crash Test Dummies Market forecasts remarkable growth, projecting a USD 17.9 million increase at a CAGR of 3.04% from 2023 to 2028. This surge is propelled by escalating demand for crash and safety testing, coupled with the imperative for region-specific crash tests and the advent of new standards to minimize pedestrian injuries. The need for rigorous crash testing to ensure safety standards has become important, driving the market towards accelerated growth. To understand some of the other key factors affecting the Automotive Crash Test Dummies Market, download a free sample report. There are a lot of players leading the charge in this dynamic market. Some of them are 4a technology GmbH, AB Dynamics plc, Autoliv Inc., and others. These industry stalwarts are strategically positioned to capitalize on the growing demand for advanced crash test dummies, steering the market towards innovation and excellence. The Automotive Crash Test Dummies Market is segmented based on product, application, and region.
To know why Europe is estimated to contribute to 41% to the growth of the global market, read the free sample report Future Outlook As the automotive industry undergoes unprecedented changes, the report estimates significant growth in the male dummy segment, driven by the increasing average weight of males globally. The European region is expected to play a pivotal role, contributing 41% to the overall market growth. Access Technavio's detailed report to understand Market Positioning of Companies, Competitive Strategies, and Industry Risks of the Automotive Crash Test Dummies Market. Buy Report. Related Reports The PLM software market in the automotive sector size is estimated to grow at a CAGR of 7.5% between 2023 and 2028. The market size is forecast to increase by USD 2.61 billion. Table of Contents 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation by Application 7 Market Segmentation by Product 8 Customer Landscape 9 Geographic Landscape 10 Drivers, Challenges, and Trends 11 Company Landscape 12 Company Analysis 13 Appendix About US Contact View original content to download multimedia:https://www.prnewswire.com/news-releases/usd-17-9-million-will-grow-from-2024-to-2028-projected-for-the-automotive-crash-test-dummies-market-revolutionizing-auto-safety--technavio-302040729.html SOURCE Technavio |