Press release
Active Seatbelt Market Outlook by Product Overview, Application and Regions to 2025
Occupant safety has become a priority across the value chain of automobile manufacturers. This has led them to incorporate active seatbelts in their vehicles, which not only help in avoiding the crash but also help in minimizing the effects of a crash. Not only are automobile manufacturers concerned about this issue, but the governments of various countries are taking measures to decrease or at least slow down the increasing number of road accidents happening every year. Measures like crash tests and NCAP ratings are being introduced by the governments in order to prevent these road accidents. Thus, the governments of these countries are forcing the use of active seatbelts in the form of norms and regulations. These factors are likely to provide a boost to the active seatbelt Market during the forecast period 2021 to 2027.
A major factor that is likely to restrain the market of active seatbelts is that the active seatbelts are not able to prevent or minimize the damage caused due to side crashes. These side collisions are known as T-bone collisions or right-angle collisions. In these type of collisions, a chronic injury can be caused even by a minor incident. The global Active Seatbelt market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Active Seatbelt in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Tokai Rika
Bosch
Takata Corporation
DENSO
Special Devices
Far Europe
HYUNDAI MOBIS
ITW Safety
Iron Force Industrial
Autoliv
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By the product type, the market is primarily split into
Belt-In-Seat
Six-Point Belt
Five-Point Belt
Four-Point Belt
By the end users/application, this report covers the following segments
Medium Commercial Vehicle (MCV)
Light Commercial Vehicle (LCV)
High Commercial Vehicle (HCV)
Multi-Purpose Vehicle (MPV)
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