Market Overview:
The global seat belt adjuster 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 the increasing demand for passenger vehicles and light commercial vehicles across the globe. Additionally, stringent safety norms by regulatory authorities are also contributing to the growth of this market. The global seat belt adjuster market is segmented on the basis of type, application and region. On the basis of type, it is divided into metal adjusters and plastic adjusters. Metal adjusters are further classified into manual and automatic types while plastic adjusters are further classified into single-piece and two-piece types. By application, it is segmented into passenger vehicles, light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). Regionally, it is analyzed across North America, Latin America, Europe Asia Pacific (APAC) and Middle East & Africa (MEA).
Product Definition:
A seat belt adjuster is a device used to adjust the length of a seat belt. This is important because it allows the occupant to have a comfortable fit and prevents excess slack in the belt which could increase the risk of injury in a collision.
Metal Adjuster:
Metal adjusters are used to correct seat belt errors. Metal adjusters are also known as torque wrenches, they have a very important role in the production of any vehicle. They help to maintain the integrity and accuracy of various components installed in vehicles including seats, mirrors, steering wheels and so on. The growth factor for metal adjuster market is high demand from end-user industries such as automotive & transportation and construction among others which will fuel industry expansion over the forecast period.
Plastic Adjuster:
Plastic adjusters are used in seat belt adjusters to provide resistance or make the seat belt tighter. They are available as a kit with two parts, one is a metal plate and other is an elastic cord. When the car crashes, the force of impact moves the seatbelt towards its limit position which makes it tight for your safety.
Application Insights:
The passenger vehicles segment held the largest share of over 70.0% in 2017. The demand for seat belt adjusters in this segment is expected to witness growth owing to rising number of fatalities due to road accidents involving passenger vehicles across the globe. According to WHO, around 1 person dies every 3 minutes and 30 seconds as a result of road traffic crashes globally which amounts to nearly 5 million deaths annually. Moreover, according to data published by NCBI, around 9 out of 10 people who die in car crashes are occupants (passenger cars and light commercial vehicles). Thus increasing awareness about safety among drivers and passengers is expected fuel the demand for seat belt adjusters during the forecast period globally.
The heavy commercial vehicle (HCV) segment is anticipated register notable growth over the forecast period owingto increased utilizationof heavy trucks on account of growing global trade activities coupled with rise in cross-border transport services across various regions including Europe, Asia Pacific and North America etc.
Regional Analysis:
North America dominated the global seat belt market in 2017, accounting for a share of over 40.0% owing to stringent regulations enforced by the government on safety standards. The U.S., as a part of their highway traffic law, makes it compulsory for all drivers and passengers to wear seat belts which is further enforced with heavy penalties in case of non-compliance with these regulations. In addition, various organizations have been working towards reducing road accidents and thus promoting passenger safety across North America through different campaigns and educational programs conducted on an individual level as well as through mass media such as television commercials or newspaper advertisements etc.
Asia Pacific is expected to be one of the fastest growing markets at a CAGR exceeding 6% from 2018 to 2030 due to increasing number of road accidents coupled with low awareness levels among people regarding personal safety while driving vehicles especially light commercial vehicles (LCVs).
Growth Factors:
- Increasing demand for seat belt adjusters in the automotive industry as a safety feature.
- Growing awareness about the importance of wearing seat belts and using seat belt adjusters for proper fitment.
- Rising number of road accidents and subsequent increase in demand for safety features in vehicles.
- Technological advancements that have led to the development of more advanced and efficient seat belt adjusters.
- Growing popularity of luxury cars and SUVs that come equipped with premium quality seat belts and adjustable seats
Scope Of The Report
Report Attributes
Report Details
Report Title
Seat Belt Adjuster Market Research Report
By Type
Metal Adjuster, Plastic Adjuster
By Application
Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Autoliv, KSS, TRW, Tokai Rika, Ashimori, Joyson Safety Systems, Berger Group, Hyundai Mobis, Samsong, Yanfeng
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Seat Belt Adjuster Market Report Segments:
The global Seat Belt Adjuster market is segmented on the basis of:
Types
Metal Adjuster, Plastic Adjuster
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 Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
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
- KSS
- TRW
- Tokai Rika
- Ashimori
- Joyson Safety Systems
- Berger Group
- Hyundai Mobis
- Samsong
- Yanfeng
Highlights of The Seat Belt Adjuster 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:
- Metal Adjuster
- Plastic Adjuster
- By Application:
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- 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 Seat Belt Adjuster 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?
A seat belt adjuster is a device that allows the driver and front passenger of a vehicle to adjust their seat belts.
Some of the major companies in the seat belt adjuster market are Autoliv, KSS, TRW, Tokai Rika, Ashimori, Joyson Safety Systems, Berger Group, Hyundai Mobis, Samsong, Yanfeng.
The seat belt adjuster market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Seat Belt Adjuster 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 Seat Belt Adjuster Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seat Belt Adjuster 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 Seat Belt Adjuster 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 Seat Belt Adjuster Market Size & Forecast, 2018-2028
4.5.1 Seat Belt Adjuster Market Size and Y-o-Y Growth
4.5.2 Seat Belt Adjuster Market Absolute $ Opportunity
Chapter 5 Global Seat Belt Adjuster 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 Seat Belt Adjuster Market Size Forecast by Type
5.2.1 Metal Adjuster
5.2.2 Plastic Adjuster
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Seat Belt Adjuster 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 Seat Belt Adjuster Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seat Belt Adjuster 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 Seat Belt Adjuster 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 Seat Belt Adjuster Analysis and Forecast
9.1 Introduction
9.2 North America Seat Belt Adjuster 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 Seat Belt Adjuster Market Size Forecast by Type
9.6.1 Metal Adjuster
9.6.2 Plastic Adjuster
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 Seat Belt Adjuster Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
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 Seat Belt Adjuster Analysis and Forecast
10.1 Introduction
10.2 Europe Seat Belt Adjuster 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 Seat Belt Adjuster Market Size Forecast by Type
10.6.1 Metal Adjuster
10.6.2 Plastic Adjuster
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 Seat Belt Adjuster Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
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 Seat Belt Adjuster Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Seat Belt Adjuster 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 Seat Belt Adjuster Market Size Forecast by Type
11.6.1 Metal Adjuster
11.6.2 Plastic Adjuster
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 Seat Belt Adjuster Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
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 Seat Belt Adjuster Analysis and Forecast
12.1 Introduction
12.2 Latin America Seat Belt Adjuster 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 Seat Belt Adjuster Market Size Forecast by Type
12.6.1 Metal Adjuster
12.6.2 Plastic Adjuster
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 Seat Belt Adjuster Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
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) Seat Belt Adjuster Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Seat Belt Adjuster 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) Seat Belt Adjuster Market Size Forecast by Type
13.6.1 Metal Adjuster
13.6.2 Plastic Adjuster
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) Seat Belt Adjuster Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
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 Seat Belt Adjuster Market: Competitive Dashboard
14.2 Global Seat Belt Adjuster Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 KSS
14.3.3 TRW
14.3.4 Tokai Rika
14.3.5 Ashimori
14.3.6 Joyson Safety Systems
14.3.7 Berger Group
14.3.8 Hyundai Mobis
14.3.9 Samsong
14.3.10 Yanfeng
