Automotive Seat Belt Market forecasted to reach $9.1 billion in 2021
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  • Automotive Seat Belt Market forecasted to reach $9.1 billion in 2021

     



    (Transportation-News.com, January 22, 2019 )
    Stratview Research has launched a research report on Automotive Seat Belt Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Automotive Seat Belt Market from 2016 to 2021.

    This report is segmented in four ways to provide a 360-degree holistic view. The segments are –
    • By Vehicle Type (Compact Car, Mid-Size Car, Large Car, MPV and LCV, SUV, M&HCV, Others)
    • By Technology Type (Retractor, Pre-Tensioner, Active Seat Belt, Load Limiter, Bag-in-Belt, Other Seat Belts)
    • By Application Type (Two-Point Belt, Three-Point Belt, Four-Point Belt, Five-Point Belt, Six-Point Belt, Belt-in-Seat)
    • By Region
    o North America (Country Analysis: The USA, Canada, and Mexico)
    o Europe (Country Analysis: France, Germany, the UK, Italy, Russia, and Rest of Europe)
    o Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific)
    o Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Stratview Research has presented the study of Automotive Seat Belt Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
    Autoliv AB, ZF TRW Automotive Holdings Corp., Takata Corporation, Tokai Rika Co. Ltd., Key Safety Systems, and Hyundai Mobis Co. Ltd. are the major seat belt manufacturing companies occupying majority of the share in the global automotive seat belt market.

    Go through the detailed scope: https://www.stratviewresearch.com/toc/129/automotive-seat-belt-market-trend.html
    Or
    Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/129/automotive-seat-belt-market-trend.html

    Advancement in the seat belt technology
    The automotive seat belt market is expected to grow at a healthy CAGR of 3.1% over the next five years to reach $9.1 billion in 2021. Increasing automotive production across the region, rising demand for better safety systems, an advancement in the seat belt technology, introduction of stringent safety standards, and increasing seat-belt usage per car are driving the global automotive seat belts market in the upcoming five years.


    Asia-pacific to remain the largest market
    Asia-pacific tends to remain the largest automotive seat belt market during the forecast period as the region is the largest producer of automobiles. China, Japan, India, South Korea, and Thailand being the major markets. China and India are expected to remain the growth engines of the region.

    About Stratview Research
    Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.


    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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