Global Automotive Seatbelt Pre-tensioners Market | Top Insights, Trends and Forecast




The global automotive seatbelt pre-tensioners market expected to witness a CAGR of over 7% during the forecast period. Certain factors that are driving the market growth include passive safety systems are product differentiators in developing countries, safety systems reducing the fatal motor vehicle crashes, and regulations on automotive airbags. As per the Technavio’s latest report, the global automotive seatbelt pre-tensioners market size will grow by USD 1.27 billion during 2019-2023. The report provides a detailed analysis of the market based on segmentation by application (passenger cars and commercial vehicles) and geography (MEA, APAC, Europe, North America, and South America).

Download the free sample report @ http://bit.ly/2lW48Wk

Automotive seatbelts fall under the passive safety systems segment and their adoption is increasing due to stringent government regulations to improve passenger safety. The adoption of advanced passive safety system like seatbelt pre-tensioners are higher in developed countries then in developing countries intensifies competition among the automotive manufacturers.

The seatbelt pre-tensioners that are used in premium vehicles are also used in mid-segment and entry-level segment vehicles as product differentiation. Thus, these passive safety systems are product differentiators in developing countries supporting the growth of the automotive seatbelt pre-tensioners market during the forecast period. 

Get the Complete Report @ http://bit.ly/2lSxBAJ
The increasing adoption of automotive seatbelts in vehicles is due to the safety advantages and their benefits. Seatbelts also contribute to the accident-related injuries that are called seatbelt syndrome as seatbelt pre-tensioners have a chance of causing harm to the chest and abdominal areas. To overcome this drawback, load limiters are introduced to offer a slack to the occupant after the initial tightening. This reduces pressure on the chest during the collisions and is expected to have a positive impact on the adoption of seatbelt pre-tensioners.  




Location: United States

Comments

Post a Comment

Popular posts from this blog

Flexible Packaging Market – Top Insights On Forecast and Analysis 2020-2024

Image
The  flexible packaging market  size has the potential to grow by USD 59.22 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Flexible Packaging Market Market Competitive Analysis The flexible packaging market is fragmented. Market vendors are involved in price wars to expand their customer base, which further intensifies the competition. Amcor Plc, Berry Global Group Inc., and CCL Industries Inc. are some of the major market participants. Although the growing popularity of flexible bioplastic packaging will offer immense growth opportunities, increasing focus on reducing the use of plastic packaging will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Download the free sample report @...
Read more

Liquid Silicone Rubber Market – Latest Insights on Forecast and Analysis 2020-2024

Image
The liquid silicone rubber market size has the potential to grow by USD 715.78 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Market Competitive Analysis The market is concentrated, and the vendors in this marketspace mainly compete based on factors such as the cost of production, innovation in products, price, operational cost, R&D cost, and product quality. Focusing on increasing their product portfolio, liquid silicone rubber suppliers are increasingly investing in R&D activities. CHT Group, Elkem ASA, and KC Co. Ltd. are some of the major market participants. Although the rising demand for lightweight materials in the automotive industry will offer immense growth opportunities, the fluctuation in raw material prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth pro...
Read more

Scented Candles Market – Top Insights on The Latest Trends

Image
The  scented candles market  size has the potential to grow by USD 1816.06 mn during 2020-2024 Market Competitive Analysis The market is fragmented. Bolsius International BV, Diptyque SAS, Godrej Consumer Products Ltd., NEST Fragrances, Newell Brands Inc., Reckitt Benckiser Group Plc, S.C. Johnson & Son Inc., ScentAir Technologies LLC, The Bridgewater Candle Co., and The Procter & Gamble Co. are some of the major market participants. Factors such as increasing investment in household interiors, growing home décor market, and diversified product portfolio of key vendors will offer immense growth opportunities. However, stiff competition from the unorganized sector, emission of toxic fumes, and criticality of inventory management and product sourcing may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing ...
Read more