Active Seat Belt System Market Scope
The active seatbelt system is safety equipment mounted across the seats to hold the occupant on the seat during a collision of the vehicle or critical situations before a crash occurs. The active seatbelt system market has high growth prospects owing to rising consumer awareness towards automotive safety and government initiatives towards improving automotive safety norms. Moreover, technological advancement such as the application of biosensors in the active seatbelt systems propelling market growth.
According to AMA, the Global Active Seat Belt System market is expected to see growth rate of 3.81% Research Analyst at AMA estimates that Japan Vendors will contribute to the maximum growth of Global Active Seat Belt System market throughout the predicted period.
Autoliv, Inc. (Sweden), Continental Corporation (Germany), DENSO Corporation (Japan), Far Europe Holding Limited (China), Hyundai Mobis Co., Ltd., Ningbo Joyson Electronics Corp. (Key Safety Systems, Inc.), Takata Corporation (Japan) and Tokai Rika Co., Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Toyoda Gosei Co., Ltd. (Japan) and ZF Friedrichshafen AG (Germany).
Segmentation Overview
The study have segmented the market of Global Active Seat Belt System market , by Application (Passenger Cars and Commercial Vehicles) and Region with country level break-up.
On the basis of geography, the market of Active Seat Belt System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Emergence of Biosensors as an Input Source for Active Seat Belts System
Market Growth Drivers:
Rising Consumer Awareness towards Automotive Safety and Government Initiatives towards Improving Automotive Safety Norms
Challenges:
Lack of OEMs in Emerging Economies
Restraints:
High Cost of Active Seat Belts System
Opportunities:
Rising Demand Form the Passenger Vehicle Segment and Increasing Demand from the Developing Economies Such As India, China, and Others
25th September 2019, ZF launched a new active control retractor seat belt system with lightweight, compact design, and new software functions. It is based on the SPR8 seat belt retractor pretensioner.
Key Target Audience
Active Seat Belt System Providers, Research and Development Institutes, Potential Investors, Raw Material Suppliers and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.