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Global Automotive Seat belt Market, 2015 to 2021
Persistence Market Research
Automotive Seat Belt Market to Account for
US$ 19.5 Bn by 2021 : Persistence Market
Research
Persistence Market Research
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Global Automotive Seat belt Market, 2015 to 2021
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Automotive Seat
belts: 3 Point Seat Belt Segment to Witness High Growth by 2021”.
Seat belt, also known as a safety belt, is a basic automotive safety device. Automotive seat
belts are designed to safeguard the driver from harm caused due to sudden jerk on collision
or sudden stoppage of the vehicle. Automotive seat belts complement automotive airbags to
ensure optimum passenger safety in case of an accident.
The global automobile seat belt market is anticipated to expand at a single-digit CAGR
during the forecast period. Moreover, the global seat belt volume is anticipated to follow the
same trend in terms of CAGR.
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By design type, the global automotive seat belt market is segmented into two-point belt,
three-point belt, four-point belt, five-point belt, six-point belt, and belt-in-seat; among these,
three-point belt is expected to be the dominant segment, accounting for 93.7% share of the
total global automotive seat belt market by 2021.
By vehicle type, the global automotive seat belt market is segmented into passenger car
and commercial vehicle; among these, passenger car is anticipated to be dominant
segment, accounting for 69.6% share of the total global automotive seat belt market by
2021.
By technology type, the automotive seat belt market is segmented into retractor,
pretensioner, active seat belt, bag-in-belt, seat belt reminder system, and load limiter;
among these, pretensioner is estimated to be the dominant segment, accounting for 35.4%
share of the total global automotive seat belt market share by 2015 end.
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This report covers the trend of each segment and its sub-segments along with the analysis
of the potential of automotive seat belt market in that region. North America and Asia-Pacific
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Global Automotive Seat belt Market, 2015 to 2021
regions are estimated to collectively account for over 55% revenue share of the total
automotive seat belt market share by 2015 end. Asia Pacific is projected to be the fastest
growing market due to increasing implementation of road safety regulations and high
incidence of road accidents in the region.
Key players in the global automotive seat belt market are Autoliv Inc., ZF TRW Automotive
Holdings Corp., Takata Corporation, Robert Bosch GmbH, Continental AG, Denso Corporation,
Key Safety Systems Inc., Toyoda Gosei Co. Ltd., Hyundai Mobis Co. Ltd., Tokai Rika Co. Ltd.
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Major players are focusing on research and development activities in order introduce
innovate products to enhance their market shares.
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Us:
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Global Automotive Seat belt Market, 2015 to 2021
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated
research, custom research, and consulting services. PMR boasts market research expertise across the
Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages,
Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The
company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data
that precisely corresponds to clients’ business needs.
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