Press release
Active Seat Belt System Market to Reach $12,707 Million, Globally, by 2023
Active Seat Belt System Market
Asia-Pacific dominates this market at present, followed by Europe. In 2016, China dominated the Asia-Pacific market; similarly, in year 2016, Germany led the overall market in Europe. However, in North America, U.S. currently dominates the market.
Get the PDF Brochure: https://www.alliedmarketresearch.com/request-sample/2318
Factors such as rise in incidence of road accidents, increase in awareness towards automotive safety among consumers, growth of automotive safety norms, and high demand for luxury vehicles drive the global active seat belt systems market. However, high cost of the active seat belt hampers this growth.
In 2016, the pretensioner segment dominated the global active seat belt systems in component segment, in terms of revenue. Furthermore, based on application, passenger cars led the global market, followed by commercial vehicle in 2016. However, commercial vehicle segment is expected to depict the highest CAGR throughout the forecast period.
The key players profiled in the report include Autoliv, Inc., Continental Corporation, DENSO Corporation, Far Europe Holding Limited, Hyundai Mobis Co., Ltd., Ningbo Joyson Electronics Corp. (Key Safety Systems, Inc.), Takata Corporation, Tokai Rika Co., Ltd., Toyoda Gosei Co., Ltd., and ZF Friedrichshafen AG
Key Findings of the Active Seat Belt System Market:
• The passenger car segment generated the highest revenue in the global active seat belt systems market in 2016.
• In 2016, the pretensioner segment was the highest revenue contributor in the application segment.
• LAMEA is anticipated to exhibit the highest CAGR during the forecast period.
In 2016, Asia-Pacific contributed the highest market share, followed by Europe, North America, and LAMEA.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Active Seat Belt System Market to Reach $12,707 Million, Globally, by 2023 here
News-ID: 1227829 • Views: …
More Releases from Allied Market Research
Air Circuit Breaker Market Witness an Outstanding Growth during 2023-2032
The air circuit breaker market was valued at $1.8 billion in 2022, and is estimated to reach $3 billion by 2032, growing at a CAGR of 5.6% from 2023 to 2032.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/A08329
ACBs are in high demand due to the increased emphasis on renewable energy on a global level and the increased funding of various infrastructure projects. The necessity of dependable circuit protection in the presence of intermittent renewable…
Thermoplastic Composites Market Business Opportunities, Challenges, Drivers and …
The global thermoplastic Composites market is presently driven by the automotive, construction and aerospace industries. In the aerospace & defense industry, the use of thermoplastic composites is primarily intended to minimize the total weight and corrosion in the aircraft structure. In addition, maintenance costs for aircraft produced using composites have significantly decreased compared with maintenance costs for aircraft produced using conventional materials. Thermoplastic composites having various properties including insubstantial weight,…
Glass Fiber Reinforced Plastics (GFRP) Composites Market to Reach $37.2 Billion …
Allied Market Research published a report, titled, "Glass Fiber Reinforced Plastic (GFRP) Composites Market by Resin Type (Polyester Resin, Vinyl Ester Resin, Epoxy Resin, Polyurethane Resin, and Others), Process (Manual Process, Continuous Process, Compression Molding, and Injection Molding), and End-Use Industry (Aerospace and Defense, Construction, Wind Energy, Automotive, Electrical and Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global glass fiber reinforced plastic…
India Bitumen Market Statistics, Size Will Hit $6.8 Billion By 2032 | Growth Wit …
Bitumen is a mixture of viscous, highly sticky, and black organic liquids, which is soluble in carbon disulfide and primarily consists of condensed polycyclic aromatic hydrocarbons. It is a crucial component of asphalt, which is used to build roads, streets, and other parts of infrastructure. One of the primary applications of bitumen is in road construction. It is used as a binder in asphalt concrete, which is a mixture of…
More Releases for Active
Active Packaging Market To See Huge Growth By 2022-2028 | Amcor, Active Packagi …
According to a new examination on the Active Packaging market, a clear state of affairs of the market environment is available, spanning the modern-day and future status of the market. The scope and chance of being profitable, in addition to the producer profile, production details, and intake tendencies, have all been thoroughly researched within the forecast period. They have a look at presents facts on rising traits and market dynamics…
Get active with Tractive
Tractive unveils its new Activity Monitoring feature to keep pets fit
Pasching, July 9th, 2020 Here’s a jaw-dropping fact: The Association for Pet Obesity Prevention estimates that over 56% of cats and dogs are overweight. That’s why Tractive, a world market leader in GPS tracking and pet security that’s trusted by pet parents everywhere, is releasing a new activity monitoring feature to keep pets fit as well as safe.
Fitness buddy.…
Active Packaging Market Development 2018-2023 With Growth Strategies of Top Comp …
The terms active packaging, intelligent packaging, and smart packaging refer to packaging systems used with foods, pharmaceuticals, and several other types of products. They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve convenience.
According to this study, over the next five years the Active Packaging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by…
Active Packaging Market Development 2018-2023 With Growth Strategies of Top Comp …
The terms active packaging, intelligent packaging, and smart packaging refer to packaging systems used with foods, pharmaceuticals, and several other types of products. They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve convenience.
According to this study, over the next five years the Active Packaging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by…
Global Active Packaging Forecast 2018-25 Estimated with Top Key Players like Bem …
QY Research has come up with a newly published report on global Active Packaging market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Active Packaging market size and CAGR of the important segments, thus providing a quick relevant information of the global Active Packaging market.
Report…
Active Electronic Components Market - Increased The Need For Energy Efficient Ac …
According to a new market report published by Transparency Market Research “Active Electronic Components Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, the active electronic components market was worth US$ 182.9 Bn in 2014 and is expected to reach US$ 376.9 Bn by 2023, growing at a CAGR of 8.4% from 2015 to 2023. North America was the largest market for active electronic components…
