DUBLIN--(BUSINESS WIRE)--The "Global Automotive Seatbelt Pre-tensioners Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The automotive seatbelt pre-tensioners market will register a CAGR of over 7% by 2023.
Automotive seatbelts fall under the passive safety systems segment. Thus, with the increase in stringent government regulations to improve passenger safety the adoption of passive safety systems is increasing.
Passive safety systems like frontal airbags and seatbelts have been mandated by the governments of most countries. Hence, advanced safety systems that are used in premium vehicles like seatbelt pre-tensioners are used in mid-segment and entry-level segment vehicles as product differentiators.
Hence, the adoption of advanced passive safety systems like seatbelt pre-tensioners is higher in these vehicles. Thus, these passive safety systems that are product differentiators in developing countries support the growth of the market.
Safety systems reducing the fatal motor vehicle crashes drives the seatbelt pre-tensioner market
With the growing penetration of both active and passive safety systems in vehicles, coupled with the increasing awareness programs initiated by both governments and non-government agencies, the global annual rate of fatalities has decreased in the last couple of years.
Positive feedback received from both OEMs and end-users on the incorporation of safety systems like pre-tensioners and airbags in automobiles has managed to elevate the safety quotient of vehicles.
Recalls due to defective seatbelt pre-tensioners adds up cost to manufacturers
Products that have defective components or improper assembly are being recalled to prevent potential damage of the product or user. This adds up the cost to the manufacturers and suppliers involved in the upstream value chain of manufactured products.
Recall cost is shared among the players in the value chain of the product. The add-on cost to the manufacturers impacts them negatively; and it affects the particular market involved in it.
Competitive Landscape
The market appears to be highly concentrated and with the presence of few companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Ashimori Industry
- Autoliv
- Joyson Safety Systems
- Tokairika
- ZF Friedrichshafen
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
PART 06: MARKET SEGMENTATION BY APPLICATION
- Comparison by application
- Passenger cars - Market size and forecast 2018-2023
- Commercial vehicles - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
- Increasing penetration rate of active seatbelt system
- Increasing popularity of seatbelt pre-tensioners with load limiters
- Development of pneumatic seatbelt pre-tensioners
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Ashimori Industry
- Autoliv
- Joyson Safety Systems
- Tokairika
- ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/36k3ng/global_automotive?w=4
