Active Seat Belt System Market is Expected to Reach $12,707 Million, By Top Leading Companies Autoliv, Inc., Continental Corporation, DENSO Corporation, Far Europe Holding Limited, Hyundai Mobis Co., Ltd., Ningbo Joyson Electronics Corp. (Key Safety Syste

Latin America leads the active seat belt market in LAMEA. However, Africa is expected to grow at the highest CAGR throughout the forecast period (2017-2023). At present, active seat belts are used along with the airbags to enhance its performance. In the near future, these belts will be one of the vital and mandatory components, as is the case with the advanced driver assistance system (ADAS).

Active Seat Belt System Market by Component (Retractors, Pretensioners, and Buckle Lifters) and Application (Passenger Cars and Commercial Vehicles) - Global Opportunity Analysis and Industry Forecast, 2017-2023. The research offers detailed analyses of the industry dynamics, key investment pockets, major market segments, and competitive landscape. According to the report, the global active seat belt system market generated $10.3 billion in 2017, and is expected to reach $12.7 billion by 2023, growing at a CAGR of 3.6% from 2017 to 2023.

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Increase in the number of awareness campaigns to promote automotive safety and rise in the number of road accidents drive the growth of the market. Moreover, high demand for luxury vehicles supplements the market growth. However, high cost associated with active seat belts restrains the growth of the industry. Conversely, increase in passenger vehicle registration and emergence of biosensors create new opportunities for the market.

Pretensioners segment accounted for nearly half of the total market share in 2017 and is expected to remain dominant throughout the forecast period. This is due to the growing need for passenger protection and reduction of slack between the body of passenger and seat belt. However, buckle lifters segment would grow at the highest CAGR of 5.7% from 2017 to 2023, owing to the ease offered for buckling and improved protection. The retractors segment is projected to grow at a moderate rate during the forecast period.

Passenger cars segment contributed nearly three-fourths of the total market share in 2017, owing to ease in parking, good gas mileage, and lower cost of cars in comparison to larger vehicles. This segment would maintain its lead by 2023. However, commercial vehicles would grow at the fastest CAGR 4.3% from 2017 to 2023 due to enhanced safety & security and improved fuel efficiency.

Asia-Pacific contributed more than half of the total market share in terms of revenue in 2017, owing to stringent regulations by governments in countries such as China and Japan and strict compliance to safety rules. This segment will maintain its lion's share during the forecast period. However, LAMEA region would register the fastest CAGR of 5.4% from 2017 to 2023, owing to reduction in traffic-related fatalities and rise in focus on safety.

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The leading market players analyzed in the research include Autoliv, Inc., DENSO Corporation, Continental Corporation, Hyundai Mobis Co., Ltd., Far Europe Holding Limited, Takata Corporation, Ningbo Joyson Electronics Corp. (Key Safety Systems, Inc.), Toyoda Gosei Co., Ltd., Tokai Rika Co., Ltd., and ZF Friedrichshafen AG. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.

LIST OF TABLES

TABLE 1. GLOBAL ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 2. ACTIVE SEAT BELT SYSTEM MARKET FOR RETRACTORS, BY REGION, 2016-2023 ($MILLION)
TABLE 3. ACTIVE SEAT BELT SYSTEM MARKET FOR PRETENSIONERS, BY REGION, 2016-2023 ($MILLION)
TABLE 4. ACTIVE SEAT BELT SYSTEM MARKET FOR BUCKLE LIFTERS, BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 6. ACTIVE SEAT BELT SYSTEM MARKET FOR PASSENGER CARS APPLICATION, BY REGION, 2016-2023 ($MILLION)
TABLE 7. ACTIVE SEAT BELT SYSTEM MARKET FOR COMMERCIAL VEHICLES APPLICATION, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL ACTIVE SEAT BELT SYSTEM MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 9. NORTH AMERICAN ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 10. NORTH AMERICAN ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 11. NORTH AMERICAN ACTIVE SEAT BELT SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 12. U.S. ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 13. U.S. ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 14. CANADA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 15. CANADA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 16. MEXICO ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 17. MEXICO ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 18. EUROPE ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 19. EUROPE ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 20. EUROPE ACTIVE SEAT BELT SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 21. UK ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 22. UK ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 23. GERMANY ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 24. GERMANY ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 25. FRANCE ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 26. FRANCE ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 27. SPAIN ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 28. SPAIN ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 29. RUSSIA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 30. RUSSIA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 31. ITALY ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 32. ITALY ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 33. REST OF EUROPE ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 34. REST OF EUROPE ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 36. ASIA-PACIFIC ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 37. ASIA-PACIFIC ACTIVE SEAT BELT SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 38. CHINA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 39. CHINA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 40. INDIA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 41. INDIA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 42. JAPAN ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 43. JAPAN ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 44. SOUTH KOREA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 45. SOUTH KOREA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 46. AUSTRALIA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 47. AUSTRALIA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 48. REST OF ASIA-PACIFIC ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 49. REST OF ASIA-PACIFIC ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 50. LAMEA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 51. LAMEA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 52. LAMEA ACTIVE SEAT BELT SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 53. LATIN AMERICA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 54. LATIN AMERICA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 55. MIDDLE EAST ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 56. MIDDLE EAST ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 57. AFRICA ACTIVE SEAT BELT SYSTEM MARKET, BY COMPONENT, 2016-2023 ($MILLION)
TABLE 58. AFRICA ACTIVE SEAT BELT SYSTEM MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 59. AUTOLIV: COMPANY SNAPSHOT
TABLE 60. AUTOLIV: OPERATING SEGMENTS
TABLE 61. AUTOLIV: PRODUCT PORTFOLIO
TABLE 62. CONTINENTAL: COMPANY SNAPSHOT
TABLE 63. CONTINENTAL: OPERATING SEGMENTS
TABLE 64. CONTINENTAL: PRODUCT PORTFOLIO
TABLE 65. DENSO: COMPANY SNAPSHOT
TABLE 66. DENSO: OPERATING SEGMENTS
TABLE 67. DENSO: PRODUCT PORTFOLIO
TABLE 68. FAR EUROPE: COMPANY SNAPSHOT
TABLE 69. FAR EUROPE: PRODUCT PORTFOLIO
TABLE 70. HYUNDAI MOBIS: COMPANY SNAPSHOT
TABLE 71. HYUNDAI MOBIS: OPERATING SEGMENTS
TABLE 72. HYUNDAI MOBIS: PRODUCT PORTFOLIO
TABLE 73. JOYSON ELECTRONICS: COMPANY SNAPSHOT
TABLE 74. JOYSON ELECTRONICS: OPERATING SEGMENTS
TABLE 75. JOYSON ELECTRONICS: PRODUCT PORTFOLIO
TABLE 76. TAKATA: COMPANY SNAPSHOT

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