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The APAC Passenger Car Passive Safety System Market is projected to increase from an estimated $ 385 million in 2020 to $ 542 million by 2025, on account of growing safety concerns among consumers coupled with increasing sales of technologically advanced luxury and premium cars. Based on component type, Asia Pacific PC passive safety system market is segmented into Seat Belt, Fuel Shutoff Pump, Retractable Steering Column, and Airbag. Seat Belt and Airbag segment accounted for more than 85% of the market share and this trend is expected to prevail during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
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By vehicle type, the region’s passenger car passive safety system market is categorized into Hatchback, Sedan and SUV/MPV segments. Over the next five years, Sedan and SUV/MPV segments are expected to remain the largest vehicle type segments, accounting for more than four-fifth of the market share during the forecast period.
Asia Pacific passenger car passive safety system market is segmented into China, Japan, India, South Korea, Indonesia, Thailand, Malaysia, Pakistan, Taiwan and Vietnam. China is the largest market in the APAC Passenger Car Passive Safety System Market and the country’s dominance is expected to continue during the forecast period. The market for passenger car passive safety system is also expected to grow at a robust pace in India over the next five years due to the growing safety awareness among consumers and several mandatory safety norms being implemented by the government.
Years considered for this report:
- Historical Period: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Objective of the Study:
- To analyse and forecast the market size of the Asia Pacific passenger car passive safety system market, in terms of value and volume.
- To classify and forecast the Asia Pacific passenger car passive safety system market based on vehicle type, demand category, component type and country distribution.
- To identify drivers and challenges for the Asia Pacific passenger car passive safety system market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the passenger car passive safety system market in APAC.
- To conduct the pricing analysis for the APAC Passenger Car Passive Safety System Market.
- To identify and analyze the profile of leading players involved in the the Asia Pacific passenger car passive safety system market.
Some of the major players operating in Asia Pacific passenger car passive safety systems market include Autoliv, Robert Bosch, Delphi Automotive, Denso corporation, Continental, Hyundai Mobis, Takata Corporation, Hyosung, and Tyoda Gosei.
The author performed primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of passenger car passive safety system manufacturers in different countries of Asia Pacific. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers was able to include stakeholders that could not be identified due to the limitations of secondary research. The author analysed product offerings, application, distribution channel and regional presence of all major passenger car passive safety systems manufacturers across the Asia Pacific region.
The author calculated the market size of the APAC Passenger Car Passive Safety System Market by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Passenger car passive safety system manufacturers, suppliers and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to passenger car passive safety systems market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as passenger car passive safety systems manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion. thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Asia Pacific passenger car passive safety systems market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Component Type:
- Seat Belt
- Airbag
- Retractable Steering Column
- Fuel Shutoff Pump
Market, By Vehicle Type:
- Hatchback
- Sedan
- SUV/MPV
Market, By Demand Category:
- OEM
- Replacement
Market, by Region:
- China
- Japan
- India
- South Korea
- Thailand
- Malaysia
- Indonesia
- Pakistan
- Taiwan
- Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in passenger car passive safety systems
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.
Table of Contents
1. Product Overview2. Research Methodology6. Market Trends & Developments7. Pricing Analysis
3. APAC Passenger Car Passive Safety System Market Outlook
4. APAC Country Analysis
5. Market Dynamics
8. Competitive Landscape
9. Strategic Recommendations
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Autoliv
- Robert Bosch.
- Delphi Automotive
- Denso Corporation
- Toyoda Gosei
- ZF TRW Automotive Holdings Corp
- Continental
- Hyundai Mobis
- Hyosung
- Takata Corporation
