openPR Logo
Press release

Asia Pacific Airbag Market to see Rapid Growth by 2025

06-06-2022 09:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific is the leader in the global airbag market and is expected to grow at a CAGR of more than 7% during the forecasted period. The major factors for the growth of the market include significant vehicle sales in the region during the forecast period, and high vehicle exports by the countries including China, Japan, South Korea, and India. Moreover, cohesive government regulation, adoption of the New Car Assessment Program, increasing consumer awareness are among the major factor for the growth of the market. China is the leading contributor in terms of vehicles produced globally. As per the International Organization of Motor Vehicle Manufacturers, China has produced around 23.5 million passenger vehicles in 2018, followed by Japan and India. The top automotive brand of China includes FAW Group, BYD Company, Chery, Zhejiang Geely Holding Group Co., Great Wall Motors and so further. Foreign companies such as Takata Corporation, Delphi Automotive, Key Safety System Inc., Hyundai Mobis and so on also have a significant business in the region.

(Get 15% Discount on Buying this Report)

To Request a Sample of our Report on Asia Pacific Airbag Market: https://www.omrglobal.com/request-sample/asia-pacific-airbag-market

The market is segmented on the basis of type and vehicle type. By type, the market is further segmented into front airbag, side airbag, curtain airbag, and knee airbag. The front airbag is expected to have a significant growth rate during the forecast period, owing to strict government regulations and rising consumer awareness. By vehicle type, the market is segmented into passenger cars and commercial vehicles. Passenger vehicles will have most of the market share owing to the very low usage of airbags in commercial vehicles. The passenger car segment is further divided into Hatchback, Sedan, and SUV. The hatchback is expected to have a major market share during the forecast period.

Asia Pacific Airbag Market Segmentation

By Type

· Front Airbag

· Side Airbag

· Curtain Airbag

· Knee Airbag

By Vehicle Type

· Passenger Cars

· Hatchback

· Sedan

· SUV

· Commercial Vehicle

Regional Analysis

· China

· Japan

· India

· Rest of APAC

A full Report of Asia Pacific Airbag Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-airbag-market

Company Profiles

· Ashimori Industry Co., Ltd.

· Autoliv Inc.

· Continental AG

· Daicel Corp.

· DENSO Corp.

· Hyundai Mobis Co., Ltd.

· Key Safety Systems, Inc.

· Nihon Plast Co., Ltd.

· NXP Semiconductors N.V.

· Robert Bosch GmbH

· Toyoda Gosei Co., Ltd.

· TRW Automotive Holdings Corp.

Reasons to Buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia Pacific Airbag Market to see Rapid Growth by 2025 here

News-ID: 2645112 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Airbag

Safety Electronic Airbag Market Size Analysis by Application, Type, and Region: …
According to Market Research Intellect, the global Safety Electronic Airbag market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The safety electronic airbag market is experiencing steady growth, primarily due to the rising emphasis on automotive
Anti-fall Airbag for the Elderly Market Size, Growth Analysis 2031 by Key Vendor …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Anti-fall Airbag for the Elderly Market size is reached a valuation of USD 195.2 Million in 2023, with projections to achieve USD 1052.97 Million by 2031, demonstrating a 𝐂𝐀𝐆𝐑 20.7% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. What is the current outlook of the Anti-fall Airbag for the Elderly market? The Anti-fall Airbag for the Elderly market is poised for significant growth, driven by
Automobile Airbag Transceiver ICs Market: Facilitating Communication in Airbag S …
The Report on "Automobile Airbag Transceiver ICs Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making. Market Dynamics of Automobile Airbag Transceiver ICs Market: The Automobile Airbag Transceiver ICs market undergoes dynamic shifts driven by advancements in wireless communication technology and the integration of smart features in automotive safety systems. Market dynamics reflect
Automobile Airbag Microcontroller Market: Control Units for Automotive Airbag Sy …
The Report on "Automobile Airbag Microcontroller Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making. Market Dynamics of Automobile Airbag Microcontroller Market: The Automobile Airbag Microcontroller market experiences dynamic changes influenced by advancements in automotive safety systems and the integration of electronic control units (ECUs) in vehicles. Market dynamics reflect the growing demand
Wearable Airbag Market Report Covers Future Trends with Research 2023 to 2030 Di …
A wearable airbag is an inflatable safety device that is typically worn on the body or attached to clothing. It is designed to protect the wearer from potential impact injuries, such as those sustained during falls, slips and trips. The airbag is typically triggered by an accelerometer or other sensors which detect the force of an impact. When triggered, the airbag inflates within seconds, providing a cushion which absorbs the
Airbag Sensors Market Forecast to 2028 - Covid-19 Impact and Global Analysis - b …
Airbag sensors are incorporated in the vehicles and airplanes which protect the passengers from chest and head injury during collision. These sensors detects hasty deceleration in an accident. The sensors activate the airbag to go off when an accident is detected. Rise in the production and sales of airbag sensors in light and heavy commercial vehicles such as trucks to ensure safety of passenger and vehicle is rising which is