Market Overview:
The global automobile safety belt market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing number of road accidents, stringent government regulations for vehicle safety, and rising consumer awareness about the benefits of using safety belts. The ELR three-point belt segment is expected to account for a major share of the global automobile safety belt market during the forecast period. This segment is projected to grow at a CAGR of 6% from 2018 to 2030. The ALR three-point belt segment is also projected to grow at a healthy rate during the forecast period.
Product Definition:
A safety belt is a restraining device used in automobiles to protect the occupant from being thrown out of, or crushed by, the vehicle in the event of a collision.
ELR Three Point Belt:
ELR three point belt, also known as pelvic protection belt or lap/knee safety belt is a type of safety device used to protect the person from injuries during a collision or crash. It is designed to go around the pelvis and act as a counterweight to reduce injury severity in low-speed collisions.
ALR Three Point Belt:
ALR three point belt is a safety device used in automotive seat belts to provide additional protection against injuries in case of accidents. It is also known as pelvic protectors or pelvic restraint system. The ALR three point belt consists of two points connected by a nylon webbing and it comes between the driver and passenger seats.
Application Insights:
The passenger car segment held the largest share of over 70.0% in 2017. The growth can be attributed to the rising sales of passenger cars in developing countries, such as India, China and Brazil. In addition, stringent government regulations on ELR three point belts for drivers and front passengers are expected to drive demand over the forecast period.
Commercial vehicles include trucks, buses and coaches among others. These vehicles have higher safety concerns than private vehicles; hence commercial vehicle manufacturers are required to comply with stringent regulatory norms pertaining to belt installation across all seating positions in these vehicles.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to stringent regulations implemented by the U.S. government and high awareness among consumers regarding road safety in this region is expected to drive demand for advanced automotive safety belts over the forecast period.
Asia Pacific regional market was valued at USD X billion in 2017 and is expected to witness significant growth during the projected period on account of rising disposable income coupled with growing adoption of passenger cars due to low ownership rate comparedto other modes of transportation such as commercial buses or trains which are highly reliable.
Growth Factors:
- Increasing demand for automobiles
- Stringent government regulations for automobile safety
- Technological advancements in automobile safety belt systems
- Rising consumer awareness about the benefits of using automobile safety belts
- Growing number of fatalities due to road accidents
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Safety Belt Market Research Report
By Type
ELR Three Point Belt, ALR Three Point Belt
By Application
Passenger Car, Commercial Vehicle
By Companies
Autoliv, Continental, JOYSON, Safety Belt Services, TOKAIRIKA, ZF Friedrichshafen, Autoliv
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Safety Belt Market Report Segments:
The global Automobile Safety Belt market is segmented on the basis of:
Types
ELR Three Point Belt, ALR Three Point Belt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Autoliv
- Continental
- JOYSON
- Safety Belt Services
- TOKAIRIKA
- ZF Friedrichshafen
- Autoliv
Highlights of The Automobile Safety Belt Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ELR Three Point Belt
- ALR Three Point Belt
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Safety Belt Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile safety belt is a device that is worn around the waist of a person in an automobile to reduce the risk of being ejected from the vehicle in case of a collision.
Some of the major companies in the automobile safety belt market are Autoliv, Continental, JOYSON, Safety Belt Services, TOKAIRIKA, ZF Friedrichshafen, Autoliv.
The automobile safety belt market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Safety Belt Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Safety Belt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Safety Belt Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Safety Belt Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Safety Belt Market Size & Forecast, 2018-2028
4.5.1 Automobile Safety Belt Market Size and Y-o-Y Growth
4.5.2 Automobile Safety Belt Market Absolute $ Opportunity
Chapter 5 Global Automobile Safety Belt Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Safety Belt Market Size Forecast by Type
5.2.1 ELR Three Point Belt
5.2.2 ALR Three Point Belt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Safety Belt Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Safety Belt Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Safety Belt Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Safety Belt Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Safety Belt Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Safety Belt Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Safety Belt Market Size Forecast by Type
9.6.1 ELR Three Point Belt
9.6.2 ALR Three Point Belt
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Safety Belt Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Safety Belt Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Safety Belt Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Safety Belt Market Size Forecast by Type
10.6.1 ELR Three Point Belt
10.6.2 ALR Three Point Belt
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Safety Belt Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Safety Belt Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Safety Belt Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Safety Belt Market Size Forecast by Type
11.6.1 ELR Three Point Belt
11.6.2 ALR Three Point Belt
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Safety Belt Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Safety Belt Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Safety Belt Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Safety Belt Market Size Forecast by Type
12.6.1 ELR Three Point Belt
12.6.2 ALR Three Point Belt
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Safety Belt Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Safety Belt Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Safety Belt Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Safety Belt Market Size Forecast by Type
13.6.1 ELR Three Point Belt
13.6.2 ALR Three Point Belt
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Safety Belt Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Safety Belt Market: Competitive Dashboard
14.2 Global Automobile Safety Belt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Continental
14.3.3 JOYSON
14.3.4 Safety Belt Services
14.3.5 TOKAIRIKA
14.3.6 ZF Friedrichshafen
14.3.7 Autoliv
