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Time of India
23-07-2025
- Automotive
- Time of India
Japanese firm to invest Rs 250 cr in EV component plant in UP
1 2 Lucknow: Japanese firm DENSO Corporation, a global leader in automotive innovation, will invest Rs 250 crore to set up a motor generator manufacturing plant in Gautam Budh Nagar, an official spokesperson said on Wednesday. These components are vital for hybrid and electric vehicles. The announcement followed a strategic meeting between DENSO leadership and the Uttar Pradesh delegation led by Alok Kumar, principal secretary (infrastructure & industrial development) and senior members of Invest UP, at DENSO's global headquarters in Kariya, Aichi, Japan. The delegation from UP is attending the World Expo 2025 in Osaka, Japan. Led by state finance minister Suresh Khanna, the delegation held wide-ranging discussions with Japanese companies and officials, including an engaging meeting with Osaka Prefectural Assembly leaders Kida Kaoru (vice-chairperson) and Kinjo Katsunori (chairperson). Joined by Invest UP and consulate officials, including Chandru Apar, the dialogue centred on industrial collaboration, technology exchange and youth upskilling, highlighting Uttar Pradesh's growing reputation for its skilled workforce and demographic strength. Meanwhile, Invest UP's pavilion at the Expo continues to draw global attention, spotlighting Uttar Pradesh's world-class infrastructure, pro-business policies and rapidly evolving EV ecosystem. "This milestone marks a new chapter in Uttar Pradesh's emergence as India's hub for future-ready, green investments and deepens Indo-Japanese economic cooperation," the spokesperson said.
Associated Press
23-05-2025
- Automotive
- Associated Press
Motorcycle Airbags: A Game Changer in Rider Safety
DUBLIN--(BUSINESS WIRE)--May 23, 2025-- The 'Motorcycle Airbag Market: Analysis By Component, By Coating Type, By Fabric Type, By Channel, By Region, Size and Trends - Forecast up to 2030" has been added to offering. The global motorcycle airbag market is experiencing significant growth, set to rise from a value of US$433.55 million in 2024 to US$795.82 million by 2030, with an expected CAGR of 11.02% from 2025 to 2030. This surge is primarily driven by a notable increase in road accidents and the escalating demand for advanced safety features among motorcycle users. Manufacturers have responded to this demand by integrating airbag systems into bike designs, prioritizing rider safety. Key components of the airbag system include the Airbag Module, Airbag, Crash Sensor, Airbag ECU, and Inflator. The modules play a critical role in ensuring safety, aided by advancements in safety standards and consumer demand. Variants like neoprene-coated airbags have captured a significant market share due to enhanced durability and performance. The market segmentation extends to fabric types-Nylon, Polyester, and Others-with Nylon leading the segment due to its flexibility and durability, as noted by industry leader DENSO Corporation. Channels such as Original Equipment Manufacturers (OEMs) hold a major market share, as airbags are increasingly integrated into the design of new motorcycles, particularly in emerging markets. Regionally, North America stands as the largest market, influenced by strict safety regulations and rising disposable incomes boosting demand for premium motorcycles. The US, specifically, is a leading hotspot for motorcycle airbag adoption. Conversely, Asia Pacific ranks as the fastest-growing region, supported by rapid urbanization, economic growth, and the presence of major bike manufacturers like BMW and Honda. Market dynamics indicate growth drivers such as rising motorcycle sales, heightened safety awareness, and evolving consumer interests in rider safety. Despite these upward trends, challenges include the high costs and complexity of integrating airbag systems, along with potential software failures and design constraints. Nonetheless, the sector continues to innovate, integrating AI and ML technologies, and expanding into adventure motorcycles and customized airbag solutions. Prominent players within this competitive landscape include Autoliv, Inc., Honda Motor Co., Ltd., Airvest, and Alpinestars, among others. These companies are investing in strategic initiatives such as product development and market expansion to maintain their competitive edge. Notably, Autoliv recently announced the launch of airbags made from 100% recycled polyester, marking advancements in sustainable product offerings. Key Topics Covered: 1. Executive Summary 2. Introduction 2.1 Motorcycle Airbag: An Overview 2.2 Motorcycle Airbag Segmentation: An Overview 3. Global Market Analysis 3.1 Global Motorcycle Airbag Market: An Analysis 3.2 Global Motorcycle Airbag Market: Component Analysis 3.3 Global Motorcycle Airbag Market: Coating Type Analysis 3.4 Global Motorcycle Airbag Market: Fabric Type Analysis 3.5 Global Motorcycle Airbag Market: Channel Analysis 4. Regional Market Analysis 4.1 North America Motorcycle Airbag Market 4.2 Europe Motorcycle Airbag Market 4.3 Asia Pacific Motorcycle Airbag Market 4.4 Rest of the World Motorcycle Airbag Market 5. Impact of COVID-19 5.1 Impact of COVID-19 on Global Motorcycle Airbag Market 5.2 Post COVID-19 Scenario 6. Market Dynamics 6.1 Growth Drivers 6.1.1 Rising Motorcycle Sales 6.1.2 Rise in Road Accidents 6.1.3 Growing Awareness from Customers for Protective Gears 6.1.4 Rising Emphasis on Rider Safety 6.1.5 Increasing Safety Regulations 6.2 Challenges 6.2.1 High Cost and Complexity of Integration 6.2.2 Software Failures Associated with Sensors 6.2.3 Weight and Design Constraints 6.3 Market Trends 6.3.1 Integration of Artificial Intelligence 6.3.2 Increasing Popularity of Adventure Motorcycles 6.3.3 Development of self-contained Airbag Jackets 6.3.4 Advancements in Technology 6.3.5 Integration with Motorcycle Apparel 6.3.6 Customization and Personalization of Airbag Systems 7. Competitive Landscape 7.1 Global Motorcycle Airbag Market: Competitive Landscape 7.2 Global Motorcycle Airbag Market Players: Recent Developments 8. Company Profiles For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: AUTOMOTIVE MOTORCYCLES SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/23/2025 08:16 AM/DISC: 05/23/2025 08:15 AM
