Market Overview:
The global vehicle seatbelt 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 increasing awareness about safety, stringent government regulations for safety, and rising demand for luxury cars. The global vehicle seatbelt market is segmented on the basis of type into passive and active seatbelts. The passive seatbelt segment is expected to hold a larger share of the market during the forecast period owing to its low cost and easy installation. However, the active seatbelt segment is projected to grow at a higher CAGR due its superior features such as airbags and automatic tensioning systems that offer enhanced protection against injuries in case of accidents. On the basis of application, the global vehicle seat belt market can be divided into commercial vehicles, passenger cars, and others (such as two-wheelers). Passenger cars are expected to account for a larger share of this market during 2018-2030 owing to their growing popularity among consumers across regions.
Product Definition:
A seat belt (also known as a safety belt) is a restraining device designed to secure the occupant of a vehicle against harmful movement caused by collision or sudden stop.
Passive:
Passive Seat Belts are a new concept in the automotive safety belt market. They have been designed to replace the traditional seatbelt, which has a metal or plastic D-ring and two rigidly mounted shoulder belts across your chest. The Passive Belt is made up of flexible material like rubber, nylon or polyester and can be fitted around either yourself or an infants' seats.
Active:
Active safety systems are those that perform a function to prevent or at least mitigate the risk of injury in case of an accident. These systems can be active components, such as airbags and belt tensioners, or passive ones like seatbelt pretensioners and child seats. The primary function of any active safety system is to reduce the forward movement and/or force applied on the occupants by the collision protection system.
Application Insights:
Passenger car application segment led the global vehicle seatbelt market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising income levels across various regions, coupled with increasing sales of passenger cars as a result of favorable economic conditions, are expected to drive demand for vehicle seatsbelts in passenger cars.
The commercial vehicle application segment accounted for more than 35% share of the overall revenue in 2017 and is estimated to witness significant growth over the coming years owing to rising demand from construction companies for safety equipment such as helmets, gloves and boots on account of increased risk associated with heavy machinery movement. Moreover, governments around the world are mandating use of safety equipment by drivers and conductors on account-of-duty regulations which further drives product demand in this segment.
Regional Analysis:
Asia Pacific dominated the global vehicle seatbelt market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing road accidents, rising disposable income of consumers as well as a high percentage of drivers and passengers who buckle up during travel. The region accounts for more than 30% of the world’s population but only 12% holds driving licenses, which indicates huge potential for growth among local customers.
The North American market is anticipated to grow at a significant rate over the forecast period owing to stringent regulations by government agencies such as National Highway Traffic Safety Administration (NHTSA), Department of Transportation (DOT) along with industry-led organizations such as International Association Of Chiefs Of Police that promote road safety through active restraint device usage coupled with prompt medical attention for injured parties. In addition, growing awareness about vehicle safety systems amongst consumers has resulted in increased demand across this region.
Growth Factors:
- Increasing demand for vehicles: The global vehicle production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing demand for passenger cars and commercial vehicles. This is anticipated to boost the growth of the vehicle seatbelt market over the forecast period.
- Stringent safety regulations: Stringent safety regulations across different countries are compelling OEMs to install seatbelts in all types of vehicles, which is projected to propel the growth of this market during the forecast period.
- Technological advancements: The development of advanced technologies such as airbags and pre-tensioners has led to an increase in sales of seatbelts, thereby propelling market growth over the next few years. Additionally, technological advancements have resulted in lighter and thinner seatbelts that are easier to install and use as compared with traditional belts, further fueling market expansion prospects over this time frame.. 4) Rising consumer awareness about safety features: There has been a significant rise in consumer awareness about various safety features available in automobiles across different regions worldwide; this is anticipated fuel Seatbelt Market’s growth throughoutthe assessment period . 5) Growing demand from emerging markets: The automotive industry is witnessing highgrowth ratesin emerging markets such as Chinaand India due tobusinessfriendly policies by respective governmentsand rising income levelsof consumersin these regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Seatbelt Market Research Report
By Type
Passive, Active
By Application
Commercial Vehicle, Passenger Car, Others
By Companies
Autoliv, Joyson Safety Systems, Toyoda Gosei, TRW Automotive, APV Safety Products, Ashimori Industry, Beam's Seatbelts, Berger Group, Hemco Industries, Heshan Changyu Hardware, Autoliv, Key Safety Systems, Quick fit Safety Belt Services, Seatbelt Solutions, Securon, Tokai Rika Qss, Velm, Yuyao Songyuan Motor Vehicle Safety Belts
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Seatbelt Market Report Segments:
The global Vehicle Seatbelt market is segmented on the basis of:
Types
Passive, Active
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
Commercial Vehicle, Passenger Car, Others
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
- Joyson Safety Systems
- Toyoda Gosei
- TRW Automotive
- APV Safety Products
- Ashimori Industry
- Beam's Seatbelts
- Berger Group
- Hemco Industries
- Heshan Changyu Hardware
- Autoliv
- Key Safety Systems
- Quick fit Safety Belt Services
- Seatbelt Solutions
- Securon
- Tokai Rika Qss
- Velm
- Yuyao Songyuan Motor Vehicle Safety Belts
Highlights of The Vehicle Seatbelt 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:
- Passive
- Active
- By Application:
- Commercial Vehicle
- Passenger Car
- Others
- 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 Vehicle Seatbelt 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
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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 vehicle seatbelt is a safety device that is used to restrain a person in a motor vehicle.
Some of the major companies in the vehicle seatbelt market are Autoliv, Joyson Safety Systems, Toyoda Gosei, TRW Automotive, APV Safety Products, Ashimori Industry, Beam's Seatbelts, Berger Group, Hemco Industries, Heshan Changyu Hardware, Autoliv, Key Safety Systems, Quick fit Safety Belt Services, Seatbelt Solutions, Securon, Tokai Rika Qss, Velm, Yuyao Songyuan Motor Vehicle Safety Belts.
The vehicle seatbelt 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 Vehicle Seatbelt 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 Vehicle Seatbelt Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Seatbelt 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 Vehicle Seatbelt 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 Vehicle Seatbelt Market Size & Forecast, 2020-2028
4.5.1 Vehicle Seatbelt Market Size and Y-o-Y Growth
4.5.2 Vehicle Seatbelt 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 Passive
5.2.2 Active
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 Commercial Vehicle
6.2.2 Passenger Car
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Seatbelt 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 Vehicle Seatbelt 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 Passive
9.6.2 Active
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 Commercial Vehicle
9.10.2 Passenger Car
9.10.3 Others
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 Passive
10.6.2 Active
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 Commercial Vehicle
10.10.2 Passenger Car
10.10.3 Others
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 Passive
11.6.2 Active
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 Commercial Vehicle
11.10.2 Passenger Car
11.10.3 Others
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 Passive
12.6.2 Active
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 Commercial Vehicle
12.10.2 Passenger Car
12.10.3 Others
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 Passive
13.6.2 Active
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 Commercial Vehicle
13.10.2 Passenger Car
13.10.3 Others
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 Vehicle Seatbelt Market: Competitive Dashboard
14.2 Global Vehicle Seatbelt Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autoliv
14.3.2 Joyson Safety Systems
14.3.3 Toyoda Gosei
14.3.4 TRW Automotive
14.3.5 APV Safety Products
14.3.6 Ashimori Industry
14.3.7 Beam's Seatbelts
14.3.8 Berger Group
14.3.9 Hemco Industries
14.3.10 Heshan Changyu Hardware
14.3.11 Autoliv
14.3.12 Key Safety Systems
14.3.13 Quick fit Safety Belt Services
14.3.14 Seatbelt Solutions
14.3.15 Securon
14.3.16 Tokai Rika Qss
14.3.17 Velm
14.3.18 Yuyao Songyuan Motor Vehicle Safety Belts
