Japan passenger car airbag market is expected to at a modest growth rate at a CAGR of around 4% during the forecast period. The country is a leading passenger car manufacturer all across the globe. Some of the major key players in the market have headquartered in the country including Dacial Corp., Denso Corp., Nihon Plast, Toyoda Gosai, and Takata Corp. and so on. As per the International Organization of Motor Vehicle Manufacturer, nearly 8.35 million passenger cars were manufactured in Japan in 2018, with almost a flat growth rate. It accounts for 85% of the total vehicle manufacturer in the country. The airbag is one of the most common passive safety systems installed in a car in Japan. Almost in every passenger car, front airbags are installed. In addition to basic safety systems, the Japanese car manufacturer also provides advance passive safety systems such as side airbags, curtain airbags, active head restraints, ISOFIX anchorages (for child safety seats) and three-point seatbelt for the rear center seat. 

Japan's passenger car airbag market is divided on the basis of type and vehicle type. By type, the market is further analyzed into front airbag, side airbag, curtain airbag, and knee airbag. The front airbag segment is expected to have a major market share during the forecast period. By vehicle type, the market is segmented into Hatchback, Sedan, and SUVs. Sedan is expected to have a major market share during the forecast period in the country. Toyota and Nissan are the most famous passenger car companies in the country. Some of the most sold car models in the country include Toyota Prius, Nissan Note, Toyota Aqua, Nissan Serena, Toyota Sienta and so on. 

Some of the major companies which are contributing significantly in the market include Autoliv Inc., Continental AG, DENSO Corp., Hyundai Mobis Co., Ltd., Key Safety Systems, Inc., Robert Bosch GmbH, Toyoda Gosei Co., Ltd., TRW Automotive Holdings Corp., and others. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.

Research Methodology

The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for automotive companies, auto-ancillary companies, vendors, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Japan Passenger Car Airbag Market Research and Analysis by Type
2. Japan Passenger Car Airbag Market Research and Analysis by Vehicle Type

The Report Covers

• Comprehensive research methodology of the Japan Passenger Car Airbag Market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Japan Passenger Car Airbag Market.
• Insights about market determinants which are stimulating the Japan Passenger Car Airbag Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.