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Asia Pacific Airbag Market Size, Share, Trends & Forecast 2019-2025

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 Assesment 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.

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Asia Pacific Airbag Market Size, Share, Trends & Forecast 2019-2025

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  1. Orion Market Research Asia Pacific Passenger Car Airbag Market Size, Share, Trends & Forecast 2019-2025 Request a free sample of our report on Asia Pacific Passenger Car Airbag Market: https://www.omrglobal.com/request-sample/asia-pacific-passenger-car-airbag-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404

  2. Asia-Pacific will be the leader in the global passenger car airbag market and is expected to grow at a CAGR of 7.3% during the forecasted period. Some of the key 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 Chian, Japan, South Korea, and India. In addition, cohesive government regulation, adoption of the New Car Assesment Program, rising awareness of customers are among the major factor for the growth of the market. The market is divided based on 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 market share during the forecast period, owing to strict government regulations and rising consumer awareness. Knee airbag and curtain airbag will have a significant market growth with a small market share during the forecast period. By vehicle type, the market is segmented into Hatchback, Sedan, and SUV. The hatchback segment is expected to have a major market share during the forecast period. Request a free sample of our report on Asia Pacific Passenger Car Airbag Market: https://www.omrglobal.com/request-sample/asia-pacific-passenger-car-airbag-market Geographically, the market is segmented into China, Japan, India, and Rest of Asia-Pacific. China is expected to have a major market share, as the country is the largest manufacturer of vehicles globally. As per the International Organization of Motor Vehicle Manufacturers, the country has produced around 23.5 million passenger cars in 2018. It is followed by Japan with 8.36 million and India with 4 million passenger cars respectively in 2018. Another major passenger car manufacturer includes South Korea with the production of around 3.6 million passenger cars in 2018. A https://www.omrglobal.com/industry-reports/asia-pacific-passenger-car-airbag-market full report of Asia Pacific Passenger Car Airbag Market is available at: Asia Pacific Passenger Car Airbag Market Segmentation By Type •Front Airbag •Side Airbag •Curtain Airbag •Knee Airbag By Vehicle Type

  3. •Hatchback •Sedan •SUV Regional Analysis •China •Japan •India •Rest of APAC 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 For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/asia-pacific-passenger-car-airbag-market About us: 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. For More Information, Visit https://www.omrglobal.com/ Media Contact:

  4. Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

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