DUBLIN–(Enterprise WIRE)–The “Automotive Seatbelt Pretensioner Marketplace – Progress, Trends, COVID-19 Effects, and Forecasts (2021 – 2026)” report has been extra to ResearchAndMarkets.com’s giving.
The automotive seatbelt pretensioner sector is valued at USD 3.07 Billion in 2020 and is anticipated to access USD 6.17 Billion by 2026 registering a CAGR of more than 8% all through the forecast time period, 2021-2026.
- ZF Friedrichshafen AG
- Autoliv Inc.
- DENSO Corporation
- Joyson Safety Devices
- Itw Security
- Continental AG
- Hyundai Motor Enterprise
- Unique Equipment Inc.
- Iron Power Industrial Co. Ltd
- Tokai Rika Co. Ltd
- Delphi Systems
Key Current market Traits
Growing Desire for Sporting activities Utility Autos driving the Market
The demand for seatbelt pretensioners has been rising at a rapid speed all about the entire world, primarily in the emerging markets. The automotive security programs are frequently fitted to the sports activities utility motor vehicles, dependent on govt laws and the advancement of general public consciousness.
The industry for athletics utility automobiles has been witnessing a most development in India, China, Vietnam, and other Asian nations.
Previously, seatbelt pretensioners ended up obtainable only in luxurious automobile brand names, like Audi, BMW, Mercedes-Benz, Land Rover, and Volvo. With breakthroughs in engineering and manufacturers’ hard work in building price tag-efficient security remedies, seat belt pretensioners are now manufactured accessible in economic motor vehicle makes, like Honda, Hyundai, Skoda, and Volkswagen.
SUVs witnessed gross sales of all over 30.7 million models in 2020 . Although the selection of sport utility vehicles featuring seatbelt pretensioners has been minimal in the rising marketplaces, their figures may well improve in the upcoming.
The significant challenges about pretensioners techniques are superior routine maintenance prices. Also, most of the SUV customers in the rising marketplaces drive off-roaders on paved roads in the metropolitan areas and have very little have to have to have basic safety methods. The conventional seatbelt pretensioner techniques may well result in greater development charges in the marketplace studied due to the larger advancement charge of entry-degree athletics utility autos.
Asia-Pacific to Witness Maximum CAGR in the course of the Forecast Period
Asia-Pacific occupies the biggest share by quantity and worth, due to the superior car profits in the region international locations these kinds of as China, South Korea, Japan, and India are the major producers of automotive seatbelt pretensioners.
The integration of innovative seat belt basic safety programs may well continue to grow in the automotive marketplace, throughout the world, on which, client confidence is largely formulated. Continuous evolution in the automobile market working upon regulatory measures has been main to constant developments in the basic safety characteristics and elements of automobiles.
In accordance to the Federal Motor Carrier Basic safety Administration in the United States, seat belt use by commercial drivers has jumped from 65% to 86% above the previous 10 years.
The increasing penetration of automotive seat belt pretensioners in the Asia-Pacific location, owing to the climbing output of top quality cars that are equipped with a bigger range of automotive seat belt pretensioners in the seat belt methods is expected to be a vital driver for the automotive seat belt pretensioner market place.
Europe retains a sizeable share in the world automotive seat belt pretensioner sector, as the location is home to several vehicles with energetic seat belt pretensioners as compared to other areas.
Essential Subject areas Included:
2 Analysis METHODOLOGY
3 Executive SUMMARY
4 Market DYNAMICS
4.1 Marketplace Motorists
4.2 Industry Restraints
4.3 Porter’s 5 Forces Evaluation
4.3.1 Threat of New Entrants
4.3.2 Bargaining Electric power of Buyers/Consumers
4.3.3 Bargaining Electrical power of Suppliers
4.3.4 Danger of Substitute Goods
4.3.5 Intensity of Competitive Rivalry
5 Current market SEGMENTATION
5.1 Technological innovation
5.1.1 Retractor Pretensioner
5.1.2 Buckle Pretensioner
5.2 Seat Variety
5.3 Motor vehicle Kind
5.3.1 Passenger Autos
5.3.2 Professional Cars
5.4 Finish Marketplace
6 Competitive LANDSCAPE
6.1 Seller Industry Share
6.2 Company Profiles
6.2.1 ZF Friedrichshafen AG
6.2.2 Autoliv Inc.
6.2.3 DENSO Company
6.2.4 Joyson Protection Techniques
6.2.5 Itw Basic safety
6.2.6 Continental AG
6.2.7 Hyundai Motor Enterprise
6.2.8 Special Gadgets Inc.
6.2.9 Iron Force Industrial Co. Ltd
6.2.10 Tokai Rika Co. Ltd
6.2.11 Delphi Technologies
7 Current market Alternatives AND Long run Trends
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