Automotive Seat Belt Market worth $9.1 billion in 2021
Automotive Seat Belt Market research report is a global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 19, 2018 )
Stratview Research announces the launch of a new research report on Automotive Seat Belt Market. This extensive report from Stratview Research, studies Automotive Seat Belt Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Seat Belt Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV and LCV, SUV, M&HCV, Others)- Compact car is expected to remain the largest seat belt market by vehicle type.
• By Technology Type (Retractor, Pre-Tensioner, Active Seat Belt, Load Limiter, Bag-in-Belt, Other Seat Belts)- Pre-Tensioner owns the largest share in the global automotive seat belt market.
• By Application Type (Two-Point Belt, Three-Point Belt, Four-Point Belt, Five-Point Belt, Six-Point Belt, Belt-in-Seat)- Three-Point seat belt is expected to remain the largest application type.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-pacific tends to remain the largest automotive seat belt market.
Go through the detailed TOC:https://www.stratviewresearch.com/toc/129/automotive-seat-belt-market-trend.html
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Automotive Seat Belt Market Insights
The automotive seat belt market is expected to grow at a healthy CAGR of 3.1% over the next five years to reach $9.1 billion in 2021. Increasing automotive production across the region, rising demand for better safety systems, an advancement in the seat belt technology, introduction of stringent safety standards, and increasing seat-belt usage per car are driving the global automotive seat belts market in the upcoming five years.
Autoliv AB, ZF TRW Automotive Holdings Corp., Takata Corporation, Tokai Rika Co. Ltd., Key Safety Systems, and Hyundai Mobis Co. Ltd. are the major seat belt manufacturing companies occupying majority of the share in the global automotive seat belt market. These players are likely to remain predominant over the next five years as well. New product development, an advancement in seat belt technology, and long-term contract with automakers are the key strategies adopted by the key players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Automotive Seat Belt Market. This extensive report from Stratview Research, studies Automotive Seat Belt Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Automotive Seat Belt Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV and LCV, SUV, M&HCV, Others)- Compact car is expected to remain the largest seat belt market by vehicle type.
• By Technology Type (Retractor, Pre-Tensioner, Active Seat Belt, Load Limiter, Bag-in-Belt, Other Seat Belts)- Pre-Tensioner owns the largest share in the global automotive seat belt market.
• By Application Type (Two-Point Belt, Three-Point Belt, Four-Point Belt, Five-Point Belt, Six-Point Belt, Belt-in-Seat)- Three-Point seat belt is expected to remain the largest application type.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-pacific tends to remain the largest automotive seat belt market.
Go through the detailed TOC:https://www.stratviewresearch.com/toc/129/automotive-seat-belt-market-trend.html
Or
Get a free sample:https://www.stratviewresearch.com/Request-Sample/129/automotive-seat-belt-market-trend.html
Automotive Seat Belt Market Insights
The automotive seat belt market is expected to grow at a healthy CAGR of 3.1% over the next five years to reach $9.1 billion in 2021. Increasing automotive production across the region, rising demand for better safety systems, an advancement in the seat belt technology, introduction of stringent safety standards, and increasing seat-belt usage per car are driving the global automotive seat belts market in the upcoming five years.
Autoliv AB, ZF TRW Automotive Holdings Corp., Takata Corporation, Tokai Rika Co. Ltd., Key Safety Systems, and Hyundai Mobis Co. Ltd. are the major seat belt manufacturing companies occupying majority of the share in the global automotive seat belt market. These players are likely to remain predominant over the next five years as well. New product development, an advancement in seat belt technology, and long-term contract with automakers are the key strategies adopted by the key players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results