Global Automotive Seat Belt Market Likely to Grow at 3.1% During 2016 to 2021
This market report from Stratview Research studies the automotive seat belt market over the period 2010 to 2021.
(EMAILWIRE.COM, October 16, 2018 )
Stratview Research announces the addition of a new market research report on Global Automotive Seat Belt Market by Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV & LCV, SUV, M&HCV, and Others), by Technology Type (Retractor, Pre-Tensioner, Active Seat Belt, Load Limiter, and Bag-in-Belt), by Application Type (Two-Point Belt, Three-Point Belt, Four-Point Belt, Five-Point Belt, Six-Point Belt, and Belt-in-Seat), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
The Global Automotive Seat Belt Market: Highlights
Stratview Research foresees a strong growth of CAGR 3.1% in the global automotive seat belt market over the next five years (2016 – 2021), which offers an opportunity to the automotive industry players to align themselves with the market growth.
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https://www.stratviewresearch.com/toc/129/automotive-seat-belt-market-trend.html
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There are several factors bolstering the growth of seat belt in the global automotive industry. The author of the report cited increasing automotive production across regions, 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 as factors driving the global automotive seat belt market in the coming five years.
As per the study, compact car is expected to remain the largest seat belt market by vehicle type in the global automotive industry during the forecast period. The vehicle type is also likely to register the fastest growth for the same period. Increasing production of compact cars, particularly in the Asia-Pacific and European regions owing to rising demand in Japan, China, India, and highly congested cities in the developed markets.
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. 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 global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.
Stratview Research announces the addition of a new market research report on Global Automotive Seat Belt Market by Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV & LCV, SUV, M&HCV, and Others), by Technology Type (Retractor, Pre-Tensioner, Active Seat Belt, Load Limiter, and Bag-in-Belt), by Application Type (Two-Point Belt, Three-Point Belt, Four-Point Belt, Five-Point Belt, Six-Point Belt, and Belt-in-Seat), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
The Global Automotive Seat Belt Market: Highlights
Stratview Research foresees a strong growth of CAGR 3.1% in the global automotive seat belt market over the next five years (2016 – 2021), which offers an opportunity to the automotive industry players to align themselves with the market growth.
Click here for Table of Contents :-
https://www.stratviewresearch.com/toc/129/automotive-seat-belt-market-trend.html
or
Request Sample :-
https://www.stratviewresearch.com/Request-Sample/129/automotive-seat-belt-market-trend.html
There are several factors bolstering the growth of seat belt in the global automotive industry. The author of the report cited increasing automotive production across regions, 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 as factors driving the global automotive seat belt market in the coming five years.
As per the study, compact car is expected to remain the largest seat belt market by vehicle type in the global automotive industry during the forecast period. The vehicle type is also likely to register the fastest growth for the same period. Increasing production of compact cars, particularly in the Asia-Pacific and European regions owing to rising demand in Japan, China, India, and highly congested cities in the developed markets.
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. 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 global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.
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