Global Automotive Inflatable Seatbelts Market: Industry Analysi

  • Global Automotive Inflatable Seatbelts Market is anticipated to reach US$ XX Mn by 2026 from US$ XX Mn in 2019 at a CAGR of 5.9% during a forecast period.
    Global Automotive Inflatable Seatbelts Market Overview
     
    The Automotive Inflatable Seatbelts have a tubular airbag across its length, which inflates to protect the passenger during an accident of the vehicle. This tubular airbag is filled with compressed gas through a cylinder placed below the seat. The inflatable seatbelt contains a control unit that signals the inflator to inflate the bag during an accident.
     
    The report covers the detailed analysis of the global automotive inflatable seatbelts industry with the classifications of the market on the basis of type, application and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
     
    Global Automotive Inflatable Seatbelts Market
     
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    The report has profiled sixteen key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. The manufacturing environment in each region is different and focus is given to the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
    Global Automotive Inflatable Seatbelts Market Dynamics
     
    Increase usage of passenger vehicles along with safety regulations, strict traffic rules and advancement in Inflatable Seatbelts, which provides better safety even during side collisions, as it inflates around the passenger in second and third rows of a vehicle are some of the factors driving the growth of Inflatable Seatbelts during the forecast period.
     
    Mostly rear seatbelts and side airbags are used for safety in developing countries, which can’t protect a person from a frontal collision. Thus the demand for Inflatable Seatbelts is increasing as they are less expensive than airbags, which is expected to drive the growth of Inflatable Seatbelts in the region.
    Similarly, government bodies are more focusing on safety standards of vehicles, where the U.S laws are followed by other countries as technological advancements have made seat belts highly affordable in the region. European New Car Assessment Program (Euro NCAP), National Highway Traffic Safety Administration (NHTSA) of America, NCAP of china and Society of Indian Automotive Manufacturers (SIAM) of India are gaining popularity due to initiatives taken for road safety. This is expected to fuel the growth of the automotive Inflatable Seatbelts market during the forecast period.
    Global Automotive Inflatable Seatbelts Market Segmentation Analysis
     
    By Seat Belt Type, among the three-point, two-point and others, the three-point seat belt is was valued at XX USD in 2019 and held more than 90% of the total Inflatable Seatbelts market share and is expected to grow during the forecast period. Today the three-point seat belt is an absolute requirement in all cars, trucks and partly in buses, which are mostly installed in passenger vehicles to protect the passenger’s upper body and pelvis and minimize injuries. These factors are expected to drive the growth of the three-point seatbelts market across the globe.
     
    Automotive Inflatable Seatbelts Market
     
    By Vehicle Type, the passenger vehicles hold two-third of the total demand in the Automotive Inflatable Seatbelts market, which includes economy cars, compact cars, minivans, SUVs, and premium and luxury cars. Manufacturers are mainly investing in new technologies of vehicles, which has led to the growth of the automotive sector and thereby Automotive Inflatable Seatbelts market.
     
    Increase in demand for advanced features, rise in the standard of living, increasing purchasing power capacity, rise in per capita income of individuals, increasing industrialization, changing way of life and high disposable income are some of the factors for the growth of the Automotive Inflatable Seatbelts market globally. The growing interest of consumers towards safety, premium, luxury and comfortable vehicles is expected to drive the growth Automotive Inflatable Seatbelts market during the forecast period.
     
    Global Automotive Inflatable Seatbelts Market Segmentation
     
     
     
    Germany is the key market and the largest provider of the automotive seat belt market in the world due to the involvement of major car manufacturers in Germany. North America is expected to hold the maximum share of the automotive seat belt market due to an increase in the production of passenger vehicles and strict regulations regarding road safety in the U.S. and Canada.
     
    Also, under the Intermodal Surface Transportation Efficiency Act, it was made mandatory that passengers, as well as commercial vehicles in the U.S., should have airbags on both sides of front seats, which is expected to boost the automotive seat belt market region. Similarly Developing countries like India and China regions accounted for a significant share in the automotive seat belt market due to growing globalization, rapid economic development and the sale of passenger vehicles.
     
     
    Global Automotive Inflatable Seatbelts Market Scope: Inquire before buying
     
    Global Automotive Inflatable Seatbelts Market
    Global Automotive Inflatable Seatbelts Market, by Region
     
    • North America
    • Asia pacific
    • Europe
    • Middle East and Africa
    • South America
    Global Automotive Inflatable Seatbelts Market Key Players
     
    • DIONO
    • LLC
    • Autoliv Inc
    • Ford Motor Company
    • Takata Corporation
    • Continental AG
    • Toyoda Gosei Co., Ltd
    • Key Safety Systems (KSS)
    • Robert Bosch GMBH
    • ZF Friedrichshafen AG
    • Hyundai Mobis Co., Ltd
    • Ford Motor Company
    • Moditech Rescue Solutions
    • LEXUS GLOBAL
    • The Lincoln Motor Company
     
      
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