DUBLIN--(BUSINESS WIRE)--The "Global Automotive Seat Belt Sensor Market - by Product, by Application, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The global automotive seat belt sensor market is forecasted to reach 20.54 billion USD by 2023 from 13.86 billion USD in 2017 with a CAGR of 6.78% during the forecasted period.
Seat belt sensor is a component of seat belt reminder system. Automotive seat belt sensor detects inhabitants in the passenger seat and the rear seat. Seat belt reminder system uses the information given by seat belt sensor to trigger a warning light or an audible signal.
Growing purchasing capabilities of cars with advance safety features is driving the growth of the market in Asia-Pacific region. In Europe and North America, significant opportunities are created for automotive seat belt sensors as a part of advanced driver-assistance systems.
Olea Sensor Network has released a seat belt vital sign monitor for automotive safety that works with next-generation Internet-of-things. IR sensors are also used for seatbelt warning indicator.
Drivers Vs. Constraints
Increase in the demand for occupant safety across the automobile industry is a major growth driver for automotive seat belt sensor market. Increasing customer awareness on the automotive safety is also a key factor for the growth of the market. In spite of the growth drivers, the cost pressure of equipment manufacturers because of the addition of sensors in seat belts hinder the market growth.
- Delphi Automotive
- Standex-Meder Electronics
- TE Connectivity
- ZF Friedrichshafen
- Piher Sensors & Controls
- ITOPS Automotive
- Mouser Electronics
- Far Europe
- Olea Sensor Networks
- Amber Valley
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Automotive Seat Belt Sensor Market Segmentation, Forecasts and Trends - by Product
6. Global Automotive Seat Belt Sensor Market Segmentation, Forecasts and Trends - by Application
7. Global Automotive Seat Belt Sensor Market Segmentation, Forecasts and Trends - by Industry
8. Global Automotive Seat Belt Sensor Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Automotive Seat Belt Sensor Market
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