Global Automotive Seat Belts Market Growth 2023-2029

Global Automotive Seat Belts Market Growth 2023-2029

The automotive seat belt refers to the seat belt system; it includes webbing, retractor, buckle and Tongue Plate (Latch Plate).

LPI (LP Information)' newest research report, the “Automotive Seat Belts Industry Forecast” looks at past sales and reviews total world Automotive Seat Belts sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Seat Belts sales for 2023 through 2029. With Automotive Seat Belts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Seat Belts industry.

This Insight Report provides a comprehensive analysis of the global Automotive Seat Belts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Seat Belts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Seat Belts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Seat Belts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Seat Belts.

The global Automotive Seat Belts market size is projected to grow from US$ 5967.8 million in 2022 to US$ 7607.6 million in 2029; it is expected to grow at a CAGR of 7607.6 from 2023 to 2029.

Asia Pacific is one prominent market for seatbelts owing to rapidly growing automotive manufacturing in China and India. Increasing investment by various market players is expected to have a positive impact on growth over the next seven years. The consumers in China are more accustomed to enhanced safety and comfort, thereby leading to the development of high performance, cost effective seat belt systems that meet customer expectation. The market in the Middle East & Africa is also expected to witness significant growth on account of increasing purchasing power of consumers, growing standard of living, increasing vehicle demand, and supportive government regulations.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Seat Belts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Inflatable Seat Belt
Common Belt
Single-stage Belt Force Limiters

Segmentation by application
OEM
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Autoliv
KSS
TRW
Tokai Rika
Ashimori
Joyson Safety Systems
Berger Group
Samsong
Yanfeng
Songyuan
Jinheng
Belt-tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Seat Belts market?

What factors are driving Automotive Seat Belts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Seat Belts market opportunities vary by end market size?

How does Automotive Seat Belts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.