DUBLIN--(BUSINESS WIRE)--The "Global Automotive Seat Belt Pretensioner Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The automotive seat belt pretensioners market is expected to record a CAGR of over 7% over the forecast period. The primary drivers for this market are the increasing awareness and stringent safety regulations.
The automotive industry has undergone various technological advancements in both, passenger and commercial vehicles, over the last couple of years. The global market has acknowledged these advancements while adopting these vehicles. Automotive seatbelt pretensioner is one of the technologies that have been developed and has gained much attention from automotive companies.
By pretensioner type, the market is segmented into retractor and buckle. Among these types, the retractor type is expected to dominate the market during the forecast period. By vehicle type, the market has been segmented into passenger vehicles and commercial vehicles. However, the increasing sales of passenger cars are clear evidence to conclude the dominance of the passenger car segment during the forecast period. According to statistics, in 2017, some 26 million vehicles were sold globally.
The United States is the largest market for commercial vehicles. It is also predicted that increased demand for cars from customers in Asia and North America will successfully offset declining vehicle sales volumes in Russia and Brazil, and help automobile manufacturers sell over 81 million vehicles by the end of 2018.
- Zf Friedrichshafen AG
- Itw Safety
- Hyundai Motor
- Special Devices Inc.
- Iron Force Industrial Co. Ltd
- Tokai Rika Co. Ltd
- Far Europe Holding Limited
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview and Technological Trends
5. Market Dynamics
6. Automotive Seatbelt Pretensioners Market Segmentation, By Type
7. Automotive Seatbelt Pretensioners Market Segmentation By Vehicle Type
8. Automotive Seatbelt Pretensioners Market Segmentation By Region
9. Competitive Landscape
10. Company Profiles
11. Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/m7l577/global_automotive?w=4