Global Market Study on Automotive Seat belt: 3 Point Seat Belt Segment to Witness High Growth by 2021


  • Report code : PMRREP3178 |
  • Industry : Automotive |
  • Published On : Sep-2015 |
  • Pages : 144 Pages |
  • Format :

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.

This report covers the global automotive seat belt market performance in terms of revenue and volume contribution. The report includes key trends, drivers, restraints and opportunities influencing the growth of the global automotive seat belt market. Impact analysis of key growth drivers and restraints, based on the weighted average model is included in this report to better equip clients with crystal clear decision-making insights.

The global automotive seat belt market is mainly driven by factors such as increasing government road safety regulations and high incidence of road accidents worldwide. However, high costs of new products are expected to hamper the growth of the automotive seat belt market.  

By Design Type type segment, the 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, followed by two-point belt segment accounting for around 4.0% share. 

By vehicle type segment, the passenger car segment is expected to dominate the automotive seat belt market, accounting for over 65% share of the overall market by 2021. The segment is projected to expand at a CAGR of 8.7% during the forecast period (2015–2021).

By technology type segment, the pretensioner segment is estimated to dominate the automotive seat belt market, accounting for around 35% share of the overall market by 2015 end. The segment is projected to expand at a CAGR of 8.0% during the forecast period.

By Regional Analysis, Asia-Pacific is estimated to be the largest market for automotive seat belts, accounting for over 25% share by 2015 end, and is expected to remain dominant throughout the forecast period. The automotive seat belt market in MEA and Latin America are expected to expand at CAGRs of 8.5% and 8.3 % respectively during the forecast period.

The automotive seat belt market is segmented as follows:

By Vehicle Type:

  • Passenger Car
  • Commercial Vehicle
    • Light Commercial Vehicle
    • Heavy Vehicle
    • Buses and Coaches

By Design Type:

  • Two-point Belt
  • Three-point Belt
  • Four-point Belt
  • Five-point Belt
  • Six-point Belt
  • Belt-in-Seat

By Technology Type:

  • Retractor
  • Pretensioner
  • Active Seat Belt
  • Seat Belt Reminder System
  • Load Limiter
  • Bag-in-Belt

By Region:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Argentina
    • Mexico
    • Brazil
    • Rest of Latin America
  • Europe
    • Eastern Europe
    • EU5 Countries
  • Asia
    • ASEAN
    • Japan
    • China
    • India
    • Oceania
    • Rest of APAC
  • MEA
    • GCC
    • South Africa
    • Turkey
    • Rest of MEA

Key features of this report

  • Drivers and restraints of the automotive seat belt market
  • Latest product innovations and key developments in the market
  • Analysis of business strategies of the top players
  • Automotive seat belt market estimates and forecasts

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.

By design type, the global automotive seatbelt market is segmented into the two-point belt, three-point belt, four-point belt, five-point belt, six-point belt, and belt-in-seat; among these, the 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 the passenger car and commercial vehicle; among these, a passenger car is anticipated to be a 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. 

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 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.

Major players are focusing on research and development activities in order introduce innovate products to enhance their market shares.

automotive-seat-belt-market

automotive-seat-belt-2015-market

Key players in the global automotive seat belt market:

  • 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.
  • Other.

Major players are focusing on research and development activities in order to introduce innovative products in order to gain a competitive advantage in the market.

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