Press release
Automotive Seat Belt Market to Exceed A Value of US$ 19.5 Bn by 2021
The global automotive seat belt market is estimated to be valued at US$ 11,987.6 Mn by the end of 2015. The market is expected to register a CAGR of 8.4% between 2015 and 2021. In terms of volume, the market accounted for 433,480 thousand units in 2014, and is expected to increase at a CAGR of 6.8% over the forecast period to reach 684,555 thousand units by 2021 and by value to Account for US$ 19.5 Bn by 2021.
Automotive Seat Belt Market Research Report Overview @ https://www.persistencemarketresearch.com/market-research/automotive-seat-belt-market.asp
Growth of the global automotive seat belt market is mainly driven by increasing government road safety regulation and high incidence of road accidents worldwide. Increasing uptake of three-point belts, rising adoption of various advance safety technologies, shift to active safety systems, and substantial investment in R&D activities by key players for product innovation are major trends observed in the market.
Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/3178
The global automotive seat belt market was valued at US$ 11,026.6 Mn in 2014. Asia Pacific (APAC) was the largest market for automotive seat belts, accounting for 28.8% revenue share of the overall market in 2014, followed by Europe accounting for 28.0% share. Moreover, Asia Pacific market is expected to exhibit highest CAGR of 11.4% during the forecast period (2015–2021), followed by the MEA market, which is expected to expand at a CAGR of 8.5%. APAC is forecast to remain the most attractive market for major players, and is expected to represent the highest absolute $ opportunity over the forecast period. Drivers such as increasing government regulations regarding road safety and high incidence of road accidents is expected to support growth of the automotive seat belt market.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/automotive-seat-belt-market/toc
By vehicle type, passenger car segment accounted for US$ 7,597.1 Mn and 318,710 thousand units in terms of volume in 2014.By technology type, pretensioner segment was valued at US$ 3,913.4 Mn in 2014 and is expected to increase at a CAGR of 8.0% over the forecast period to account for US$ 6,717.4 Mn by 2021.By design type, three-point belt was the largest segment, valued at US$ 10,342.6 Mn and accounted for approximately 93.0% share in 2014. Two-point segment was the second-largest segment by design type, accounting for around 4.0% revenue share of the market.
Get full Report Now @ https://www.persistencemarketresearch.com/checkout/3178
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Automotive Seat Belt Market to Exceed A Value of US$ 19.5 Bn by 2021 here
News-ID: 903993 • Views: …
More Releases from Persistence Market Research
Boat Control Lever Market to Reach US$17.03 Bn by 2031, Expanding at 3.8% CAGR | …
The global boat control lever market is witnessing steady growth, driven by advancements in marine technology, increasing recreational boating activities, and rising demand for enhanced safety and operational efficiency in watercraft. According to Persistence Market Research, the market is valued at US$13.12 Bn in 2024 and is projected to expand at a CAGR of 3.8%, reaching US$17.03 Bn by 2031. This expansion reflects both rising consumer interest in marine leisure…
Hydrogen Truck Market to Reach US$ 25.8 Bn by 2032, Growing at 29.5% CAGR | Pers …
The global hydrogen truck market is witnessing a significant shift as governments and industries focus on decarbonizing heavy transport. According to Persistence Market Research, the market is projected to grow from US$ 4.2 Bn in 2025 to US$ 25.8 Bn by 2032, reflecting a robust CAGR of 29.5% during the forecast period. This growth is driven by advancements in hydrogen fuel cell technology, rising adoption of zero-emission transport, and increasing…
Automotive HMI Market Forecast to Double by 2032, Hitting USD 56.1 Billion with …
The global automotive human machine interface (HMI) market is experiencing rapid transformation, shaped by rising digitalization and connected mobility. According to Persistence Market Research, the industry is projected to expand significantly from US$ 28.20 Bn in 2025 to US$ 56.10 Bn by 2032, registering a robust CAGR of 10.3% during the forecast period. HMIs are increasingly becoming the centerpiece of modern vehicles, providing intuitive control panels, voice recognition, and touchscreens…
Fast-Food Reusable Packaging Market to Surpass US$33.96 Bn by 2030 on Back of Ci …
➤Overview of the Market
According to the latest study by Persistence Market Research, the global fast-food reusable packaging market is projected to expand from US$17.21 Bn in 2023 to US$33.96 Bn by 2030, registering a CAGR of 10.2% during the forecast period. Growing sustainability mandates, consumer preference for eco-friendly dining, and regulatory pressures to reduce single-use plastics are transforming packaging strategies across quick-service restaurants worldwide.
The fast-food industry, traditionally reliant on single-use…
More Releases for Seat
Baby Car Seat Market: "Baby Car Seat Market to Hit $8.14B by 2031"
Baby Car Seat Market Scope:
Key Insights : Baby Car Seat Market size was valued at USD 4.60 Billion in 2022 poised to grow from USD 4.94 Billion in 2023 to USD 8.14 Billion by 2031, growing at a CAGR of 7.4% in the forecast period (2024-2031).
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/baby-car-seat-market
In-Depth Exploration of the global Baby Car Seat Market: This report offers a…
Automotive Seat Market : Bucket Seat And Bench Seat By Type Forecast, 2018-2025
The automotive seat market size was valued at $71,651.20 million in 2017, and is projected to reach $101,397.20 million by 2025, registering a CAGR of 4.3% from 2018 to 2025. Automotive Seat Market by Trim Material (Fabric, Synthetic Leather, and Genuine Leather), Seat type (Bucket Seat And Bench Seat), Vehicle Type (Passenger Car, Light Commercial Vehicles, and Heavy Commercial Vehicles), and Vehicle Energy Source (Gasoline, Diesel, Electric, and LPG): Global…
Klaudena Seat Cushion Review 2023:( Must Read!) Interesting Facts About Klaudena …
The wrong sitting position is a big contributor to back discomfort, sciatica, and tailbone pain. Long periods of office work or driving can wear you out and make your muscles stiff.
However, all of these issues can be resolved by employing a Klaudena seat cushion.
The Klaudena cushion seat's smart design adapts to the posture, contours, and shape of your natural body while evenly distributing your weight.
The composition of the…
Integrated Child Seat Market Industry Key Trends, Demand, Growth, Size, Review, …
This “Integrated Child Seat” market report 2022-2027 provides a new commercial capability with an evolved operating model that prioritizes consumer closeness and local decision-making in Integrated Child Seat markets, as well as intelligent productivity gains to fuel commercial investments. Also report will help reader to necessitate more dynamic resource allocation and greater use of mergers, acquisitions, and divestitures (M&A&D) to improve portfolio composition.
In regards to explaining powerful insights and analyzes…
Train Seat Market to Witness Huge Growth by 2025: Transcal, McConnell Seat, Borc …
An extensive elaboration of the Global Train Seat market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on players is derived like…
Automotive Seat Cushion/Seat Back Market, Share, Development forecast to 2024
New report published by Global Info Research which offers insights on the Global Automotive Seat Cushion/Seat Back market.
A car seat is the seat used in automobiles and the cushion is a soft furry bag of some ornamental material, the Seat Back is one part of the seat.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-automotive-seat-cushion-seat-back-market_p103644.html
Global Automotive Seat Cushion/Seat Back Market: Forecast by Type / Application / Region
Sometimes, car seats are made from inexpensive but…
