Auto Airbag Market to Exceed $71 Billion in 5 Years

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.

ReportLinker data showed that the U.S. and Europe hold a 50.8% market share globally. The fastest-growing market is China, with an expected compound annual growth rate of 6.5% over the next five years.

The market took a hit earlier this year as a result of the ongoing Takata airbag recalls, which began in 2011. According to ReportLinker, more than 30 deaths and 350 injuries worldwide were attributed to the faulty product. The recalls and ensuing lawsuits forced Takata into bankruptcy in 2017. Meanwhile, millions of cars were recalled, and auto manufacturers faced billions of dollars in losses in fixing the problem.

If your vehicle has been issued a recall notice for a defective airbag, you should have the problem taken care of immediately. But if you have an older, high-mileage car that is being recalled, it may not be worth it to have it repaired. As the car ages, more problems are sure to develop. Rather than holding onto an older vehicle, sell it to Gershow Recycling.

Gershow will buy your junk car, no matter how old it is or what condition it is in. Each year, Gershow buys thousands of unwanted vehicles from hardworking Long Islanders and puts money back in their pockets. When it comes to buying Long Island junk cars for cash, Gershow is the expert.

To sell your junk car, or for more information, call (631) 371-2031 or visit https://clunkersintocash.com/.

Leave a Reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Long Island Cash for Junk Cars

Servicing Long Island
View Locations

We Want Your Junk Car

Accepting Cars in
Any Condition

Get Money for Your Old Junk Car

Get the Best Value
for Your Car

Free Tow Truck for Your Junk Car

Free Pick-Up
Towaway

Get Cash for Your Old Car

Instant Payment
in CASH

We are very proud of all of our highly rated reviews and customer feedback.

Smooth operation, friendly employees
Response from the owner:Thanks for the awesome review about our services, Mark. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Was a smooth transaction gave me the best price . The tow company came on time. The driver was very professional and very courteous ☆☆☆☆☆
Response from the owner:Thanks for the awesome review about our services, Steven. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Ease of arranging car pick up was good. I did call the number given to me in the follow up to accept my offer and it took a few calls to the main number to get someone to call me back. Neal’s towing was assigned to do my pickup which was scheduled for between 10am and 12 Pm. At 1:40 I called the towing company they said he was running behind. The tow did not come until after 4 pm! The driver apologized for the delay , I received my payment in cash and my car was loaded on the tow! Would use again but would have appreciated someone from either company to call and keep me informed of the delay.
First time here very easy ... Massive operation and I was in and out in less than 10 minutes with cash in hand.. got rid of 400 lb of steel from an old shed.
Response from the owner:Thanks for the awesome review about our services, Glen. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Everyone was extremely courteous & most helpful. Tow was on time & made the pick-up stress free. Thank u for an easy transition.
Response from the owner:Thanks for the awesome review about our services, Jean. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
Professional and got the job done quickly
Response from the owner:Thanks for the awesome review about our services, Marie. We’re so pleased to hear your kind words, I’ll make sure to pass on your encouraging words. Enjoy your day!
js_loader
© 2025 All Rights Reserved. ClunkersIntoCash.com
We pay cash for your old & unwanted junk car or truck.
ClunkersIntoCash.com is a division of Gershow Recycling.
This website is designed and developed by The Public Relations and Marketing Group.