The global automotive airbag market is projected to have a high-paced CAGR of 4.4% during the forecast period. The current valuation of the automotive airbag market is US$ 10.20 Bn in 2023. The value of the automotive airbag market is anticipated to reach a high of US$ 18.72 Bn by the year 2033.

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By 2023, the global automotive ABS and ESC market size is expected to achieve US$ 1,407.80 million. The sales of automotive ABS and ESC are expected to surge at a robust 11.2% CAGR between 2023 and 2033. The automotive ABS and ESC demand is projected to soar to a valuation of US$ 4,069.95 million by 2033.

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The global automotive exterior trim parts market in 2022 was US$ 21.03 billion and is estimated to be US$ 42.5 billion in 2023. According to Future Market Insight, the automotive exterior trim parts market is estimated to expand at a CAGR of 4.0% between 2023 and 2033, totaling around US$ 62.9 billion by 2033.

The rise in the trend of vehicle customization and personalization thus driving the demand for high-quality and articulated appealing automotive trim parts. Moreover, consumers search for different ways to make sure that their vehicles stand out, and customized trim parts are an easy and affordable way to achieve this market growth.

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In 2023, the Automotive Performance Accessories Market is expected to be worth US$ 352.9 million. The market is expected to reach US$ 546.7 million by 2033, expanding at a 4.5% CAGR throughout the forecast period. Automotive performance accessories play a crucial role in enhancing the overall performance, aesthetics and handling of vehicles.

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The global automotive door hinges market is expected to accumulate a valuation of US$ 4.6 billion in 2023 and is projected to reach US$ 7.9 billion by 2033, trailing a CAGR of 5.5% during the forecast period.

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