Market Overview:
The global seat belts 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 demand for passenger vehicles and commercial vehicles, and the rising awareness about safety belts among consumers. The global seat belts market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into two point safety belt, shoulder belt, three point safety belt, four point safety belt. On the basis of application, it is divided into passenger vehicles and commercial vehicles segments. Region-wise it covers North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K), Asia Pacific (China Japan India South Korea Australia New Zealand) Middle East & Africa(GCC Countries Turkey Iran Israel South Africa).
Product Definition:
Seat belts are a type of safety belt that is typically worn by the passengers in a motor vehicle. The purpose of seat belts is to restrain the occupants within the vehicle in the event of a collision or sudden stop.
Two Point Safety Belt:
The global two point safety belt market size was valued at USD 1.6 billion in 2015 and is expected to grow at a CAGR of XX% over the next seven years owing to increasing government regulations mandating safety belts across various industries including construction, automotive, and logistics among others.
Shoulder Belt:
Shoulder belts are used in seatbelts to restrain the passengers in case of an accident or sudden stop. They are also used as a part of the safety equipment for front seats. In most vehicles, they are integrated into the seat belt itself and only need to be fastened around the passenger’s shoulder area.
Application Insights:
Passenger vehicles accounted for the largest share of more than 60.0% in 2017. Rising purchasing power and growing middle-class population have led to a significant increase in demand for passenger vehicles, especially in developing countries such as China, India and Brazil. This trend is expected to continue over the forecast period as these countries are now considered affordable by most of their citizens due to rapid economic growth over the past few years.
The commercial vehicle segment is anticipated to witness significant growth during the forecast period owing to increasing government initiatives on improving road infrastructure across various regions including Asia Pacific, Middle East & Africa and Europe. For instance, Germany¢â‚¬â„¢s Finance Ministry has invested around USD 8 billion on infrastructure projects between 2015 and 2018 which will lead to an increase in demand for commercial vehicles with seat belts throughout Europe during the projected period.
Regional Analysis:
North America dominated the global seat belts market in 2017. The growing trend of ‘wearable’ technologies has led to an increase in the production and sales of smart devices, such as fitness watches, which are equipped with built-in sensors that can detect when a user is sitting or lying down. This has resulted in increased demand for lap/shoulder seat belts across this region.
The Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing road accidents and fatalities across countries like India, China, Japan and Australia among others. In addition, rising disposable income coupled with improving standards of living will drive demand further over this period.
Growth Factors:
- Increasing awareness about the benefits of seat belts among consumers.
- Government regulations and campaigns mandating the use of seat belts in cars.
- Growing demand for luxury cars and SUVs that come equipped with seat belts as standard features.
- Development of advanced safety technologies that promote the use of seat belts, such as airbags and electronic stability control systems.
- Increasing number of accidents due to reckless driving, which is motivating more people to wear seat belts for protection
Scope Of The Report
Report Attributes
Report Details
Report Title
Seat Belts Market Research Report
By Type
Two Point Safety Belt, Shoulder Belt, Three Point Safety Belt, Four Point Safety Belt
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
Autoliv Inc., ZF TRW Automotive Holdings Corp, Takata Corporation, Robert Bosch GmbH, Continental AG, Denso Corporation, Key Safety Systems Inc, Toyoda Gosei Co. Ltd., Hyundai Mobis Co. Ltd, Tokai Rika 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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Seat Belts Market Report Segments:
The global Seat Belts market is segmented on the basis of:
Types
Two Point Safety Belt, Shoulder Belt, Three Point Safety Belt, Four Point Safety 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 Vehicles, 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 Inc.
- ZF TRW Automotive Holdings Corp
- Takata Corporation
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Key Safety Systems Inc
- Toyoda Gosei Co. Ltd.
- Hyundai Mobis Co. Ltd
- Tokai Rika Co. Ltd
Highlights of The Seat Belts 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:
- Two Point Safety Belt
- Shoulder Belt
- Three Point Safety Belt
- Four Point Safety Belt
- By Application:
- Passenger Vehicles
- 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 Belts 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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- Understanding Competition Scenario
- Product & Brand Management
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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?
Seat belts are a safety device used in vehicles to keep passengers restrained during a crash.
Some of the major players in the seat belts market are Autoliv Inc., ZF TRW Automotive Holdings Corp, Takata Corporation, Robert Bosch GmbH, Continental AG, Denso Corporation, Key Safety Systems Inc, Toyoda Gosei Co. Ltd., Hyundai Mobis Co. Ltd, Tokai Rika Co. Ltd.
The seat belts market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Seat Belts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Seat Belts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Seat Belts Market - Supply Chain
4.5. Global Seat Belts Market Forecast
4.5.1. Seat Belts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Seat Belts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Seat Belts Market Absolute $ Opportunity
5. Global Seat Belts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Seat Belts Market Size and Volume Forecast by Type
5.3.1. Two Point Safety Belt
5.3.2. Shoulder Belt
5.3.3. Three Point Safety Belt
5.3.4. Four Point Safety Belt
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Seat Belts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Seat Belts Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicles
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Seat Belts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Seat Belts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Seat Belts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Seat Belts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Seat Belts Demand Share Forecast, 2019-2026
9. North America Seat Belts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Seat Belts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Seat Belts Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicles
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Seat Belts Market Size and Volume Forecast by Type
9.7.1. Two Point Safety Belt
9.7.2. Shoulder Belt
9.7.3. Three Point Safety Belt
9.7.4. Four Point Safety Belt
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Seat Belts Demand Share Forecast, 2019-2026
10. Latin America Seat Belts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Seat Belts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Seat Belts Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicles
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Seat Belts Market Size and Volume Forecast by Type
10.7.1. Two Point Safety Belt
10.7.2. Shoulder Belt
10.7.3. Three Point Safety Belt
10.7.4. Four Point Safety Belt
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Seat Belts Demand Share Forecast, 2019-2026
11. Europe Seat Belts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Seat Belts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Seat Belts Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicles
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Seat Belts Market Size and Volume Forecast by Type
11.7.1. Two Point Safety Belt
11.7.2. Shoulder Belt
11.7.3. Three Point Safety Belt
11.7.4. Four Point Safety Belt
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Seat Belts Demand Share, 2019-2026
12. Asia Pacific Seat Belts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Seat Belts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Seat Belts Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicles
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Seat Belts Market Size and Volume Forecast by Type
12.7.1. Two Point Safety Belt
12.7.2. Shoulder Belt
12.7.3. Three Point Safety Belt
12.7.4. Four Point Safety Belt
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Seat Belts Demand Share, 2019-2026
13. Middle East & Africa Seat Belts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Seat Belts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Seat Belts Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicles
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Seat Belts Market Size and Volume Forecast by Type
13.7.1. Two Point Safety Belt
13.7.2. Shoulder Belt
13.7.3. Three Point Safety Belt
13.7.4. Four Point Safety Belt
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Seat Belts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Seat Belts Market: Market Share Analysis
14.2. Seat Belts Distributors and Customers
14.3. Seat Belts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Autoliv Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ZF TRW Automotive Holdings Corp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Takata Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Robert Bosch GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Continental AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Denso Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Key Safety Systems Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toyoda Gosei Co. Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hyundai Mobis Co. Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tokai Rika Co. Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
