Market Overview:
The global seatbelt inflator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles, and the rising awareness about safety features in automobiles. The OEMs sales segment is expected to dominate the global seatbelt inflator market during the forecast period, owing to the increasing demand for original equipment in automobiles. However, the aftermarket sales segment is projected to grow at a higher CAGR than OEMs sales during the forecast period, as it offers cost-effective options for replacement parts.
Product Definition:
A seatbelt inflator is a device that helps to keep a person in their seat in the event of an accident. The device inflates a cushion around the person, which keeps them from being thrown out of the car.
OEMs Sales:
OEMs sales is the revenue that a company makes by selling its products directly to the consumers. In automotive industry, it means that automobile manufacturers sell their products directly to end-users through authorized dealers. The major benefit of OEM is that it reduces marketing costs as well as inventory costs which in turn reduces overall cost of goods sold (COGS).
In seatbelt inflator market, OEMs sales has two basic components; usage and growth factor.
Aftermarket Sales:
Aftermarket sales and it's usage in seatbelt inflator market? Aftermarket means the secondary or third-party supply of products, services or solutions. The primary function of an aftermarket is to provide replacement parts for vehicles that have been discontinued by the manufacturer.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The growth is attributed to the growing number of fatalities and injuries caused by road accidents, especially in developing countries like India, China and Brazil. According to WHO, around 1 person dies every 3 seconds because of road traffic crashes globally which amounts to nearly 37000 deaths per day or 2 pedestrians killed every minute across the globe.
The commercial vehicle segment is anticipated register significant growth during the forecast period owing to increasing demand for trucks and buses from emerging economies including China, India and Brazil as well as ASEAN countries such as Malaysia, Indonesia and Thailand where wages are relatively low compared with developed nations like U.S.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to stringent regulations enforced by the government on safety and security of road users. Seatbelt laws are enforced in every state and territory of the U.S., which makes it mandatory for all drivers and passengers to wear seat belts, regardless of whether they are airbags or not, throughout the country. Moreover, growing demand for passenger cars with improved safety features is expected to further fuel market growth over next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions due to increasing awareness about road traffic injuries caused due lack seatbelts as well as other personal protective equipment such as helmets and gloves among young population groups especially males (Bicycle Helmet Initiative).
Growth Factors:
- Increasing demand for seatbelt inflators in passenger cars and commercial vehicles
- Growing awareness about the benefits of seatbelt inflators among consumers
- Technological advancements in seatbelt inflator design and manufacturing processes
- Rising demand for safety features in automobiles
- Stringent government regulations mandating the use of seatbelts
Scope Of The Report
Report Attributes
Report Details
Report Title
Seatbelt Inflator Market Research Report
By Type
OEMs Sales, Aftermarket Sales
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Autoliv, Nippon Kayaku Group, Daicel Corporation, Hirtenberger, Shanxi Qinghua Vehicle Safety Systems Co.,Ltd., Sichuan HRY Automotive Safety Technology Co., Ltd.
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Seatbelt Inflator Market Report Segments:
The global Seatbelt Inflator market is segmented on the basis of:
Types
OEMs Sales, Aftermarket Sales
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 Vehicle, 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
- Nippon Kayaku Group
- Daicel Corporation
- Hirtenberger
- Shanxi Qinghua Vehicle Safety Systems Co.,Ltd.
- Sichuan HRY Automotive Safety Technology Co., Ltd.
Highlights of The Seatbelt Inflator 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:
- OEMs Sales
- Aftermarket Sales
- By Application:
- Passenger Vehicle
- 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 Seatbelt Inflator 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 seatbelt inflator is a device that helps to inflate the seat belt in a car.
Some of the key players operating in the seatbelt inflator market are Autoliv, Nippon Kayaku Group, Daicel Corporation, Hirtenberger, Shanxi Qinghua Vehicle Safety Systems Co.,Ltd., Sichuan HRY Automotive Safety Technology Co., Ltd..
The seatbelt inflator 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 Seatbelt Inflator 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 Seatbelt Inflator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Seatbelt Inflator 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 Seatbelt Inflator 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 Seatbelt Inflator Market Size & Forecast, 2020-2028
4.5.1 Seatbelt Inflator Market Size and Y-o-Y Growth
4.5.2 Seatbelt Inflator Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 OEMs Sales
5.2.2 Aftermarket Sales
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Seatbelt Inflator 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 Seatbelt Inflator 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 OEMs Sales
9.6.2 Aftermarket Sales
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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 OEMs Sales
10.6.2 Aftermarket Sales
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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 OEMs Sales
11.6.2 Aftermarket Sales
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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 OEMs Sales
12.6.2 Aftermarket Sales
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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 OEMs Sales
13.6.2 Aftermarket Sales
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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
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 Seatbelt Inflator Market: Competitive Dashboard
14.2 Global Seatbelt Inflator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Nippon Kayaku Group
14.3.3 Daicel Corporation
14.3.4 Hirtenberger
14.3.5 Shanxi Qinghua Vehicle Safety Systems Co.,Ltd.
14.3.6 Sichuan HRY Automotive Safety Technology Co., Ltd.
