Title: Global Automotive Seat Belts Market Report, 2017 – 2024
1Automotive Seat Belts Market Global Industry
Analysis Report, Share, Size, Growth, Price
Trends and Forecast, 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Automotive Seat Belts Market
- As per the report by National Safety Council
(NSC), more than 40,000 traffic fatalities were
recorded in the U.S. in 2016, which is 6 more
than 2015. - Increasing number of vehicle accidents has
improved the awareness about driver passenger
safety, which has driven the demand for including
safety belts in automobiles. Strict traffic rules
for using safety systems are fueling the demand
for the industry. - New Car Assessment Program (NCAP) considers these
products for vehicle assessment, which encourage
manufacturers to develop technologically-advanced
products to get higher safety ratings.
3 Continued...
- The technological advancements include inflatable
seat belts, which are developed to provide the
protection to occupants in the second and
third-row seating. - Based on the product, the automotive seat belts
market is divided in to belt in seat, two points,
three points, four points, five points and six
points belts. - By technology, the industry is classified as
pretensioner, bag in belt, retractor, active seat
belt, seat belt reminder system, and load
limiter. - Asia Pacific region is expected to exhibit a
higher growth rate as the region is constituted
by high passenger vehicle production and demand.
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9
5360 Analysis
- Product Analysis
- Increasing awareness about safety, government
initiatives to improve safety while driving,
increasing demand for automobiles in developing
regions, and strict traffic rules are the major
driving forces for the automotive seat belts
market share. - Regional Analysis
- Latin America and the Middle East Africa are
expected to witness an increased demand for
vehicles owing to the growing automobile industry
and increasing investments by overseas companies
in these regions. - Competitive Market Share
- Some of the companies in automotive seat belts
market are Takata Corporation, ZF TRW Automotive
Holdings Corporation, Autoliv AB, Hyundai Mobis
Co., Ltd., Toyoda Gosei Co., Ltd., Continental
AG, Tokai Rika Co., Ltd., Robert Bosch GmbH,
Denso Corporation, Key Safety Systems, Inc., and
Delphi Automotive Plc.
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