+1 832 716 2363
Wednesday, November 29, 2023
AsiaNewsWire
No Result
View All Result
Submit a Press Release
  • HOME
  • NEWSROOM
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
  • PR SERVICES
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • PRICING
  • ABOUT US
  • CONTACT US
  • PRESS RELEASES
    HVAC Filters Market Dynamics: Regional Analysis and Opportunities with Expert Review

    HVAC Filters Market Dynamics: Regional Analysis and Opportunities with Expert Review

    District Heating Market Anticipates a Valuation of $242.1 Billion by 2028

    Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%

    Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%

    Cloud Native Storage Market Analysis by Size, Share, Growth, Trends up to 2030

  • Login
  • Sign Up
  • HOME
  • NEWSROOM
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
  • PR SERVICES
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • PRICING
  • ABOUT US
  • CONTACT US
  • PRESS RELEASES
    HVAC Filters Market Dynamics: Regional Analysis and Opportunities with Expert Review

    HVAC Filters Market Dynamics: Regional Analysis and Opportunities with Expert Review

    District Heating Market Anticipates a Valuation of $242.1 Billion by 2028

    Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%

    Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%

    Cloud Native Storage Market Analysis by Size, Share, Growth, Trends up to 2030

No Result
View All Result
AsiaNewsWire
SUBMIT PR
Home Press Releases

Micromobility to be the trend driving the Automotive Seat Belt Market

asianewswire.net by asianewswire.net
April 7, 2022
in Press Releases
Micromobility to be the trend driving the Automotive Seat Belt Market
Share on FacebookShare on Twitter


 


Automotive Seat Belt Market

(EMAILWIRE.COM, April 07, 2022 ) According to the latest revised report by Persistence Market Research, a research and consultancy company, the global automotive seatbelt market is expected to reach a valuation of US$ 7.5 Bn in 2021. According to the study, the market is estimated to expand at approximately 6.5% CAGR from 2021 to 2031. COVID-19 had a significant effect on the demand and sales of automotive seatbelts in 2020, which dropped dramatically. However, it is expected that the market will recover soon as get back to its original growth trajectory.

Rising demand for automotive seatbelts is the result of increased awareness about safety in the automotive industry. Increasing road accidents across the world has heightened the need for automotive seatbelts. Strict government laws and initiatives by various countries with regard to safety have boosted the sales of seatbelts. Moreover, increasing demand for passenger vehicles is adding to the demand for seatbelts, as these are used as standard equipment in passenger cars to minimize the effects of car accidents. Growth in demand also will be aided by rising urbanization and development in developing countries, as well as development in the industry and automation field.

Planning To Introduce An Offbeat Product/Technology In The Automotive Seat Belt Market? Go To Purchase Now” To Have Our Automotive Seat Belt Market Report! https://www.persistencemarketresearch.com/checkout/3178

Key Takeaways from Market Study

The automotive industry has grown steadily over the last decade, prospects of further expansion in the years ahead. In the near future, innovations in seatbelts are expected as the automotive industry grows.
Leading authorities have made it mandatory to wear seatbelts while travelling in both, commercial and passenger vehicles.
Top industry players are investing in research & development to design and develop advanced seatbelt components in order to gain more market share. Industry leaders are enhancing their safety systems to make seatbelts safer.

North America, Europe, and Asia Pacific account for a substantial portion of the global automotive seatbelt market, owing to the presence of numerous manufacturers and a large number of vehicles in these regions.
Because of their versatility and utility, 3-point seatbelts, retractors, and pretensioners are witnessing high demand.
Pretensioner seatbelts are projected to hold over 27% overall market share by 2031-end.

The market in the U.K. is projected to expand at a CAGR of around 7%, while that in the U.S. at close to 6%, through 2031.
The market in India and China is set to surge at around 9% and 8.5% CAGR, respectively, over the next ten years.
“Surge in demand from passenger vehicles and increased awareness toward vehicle safety in recent years are expected to provide an impetus to sales of automotive seatbelts,” says a Persistence Market Research analyst.

Planning Forward? Access Sample of Automotive Seat Belt Market Report @ https://www.persistencemarketresearch.com/samples/3178

Competitive Landscape

At both, regional and global levels, the market is fiercely competitive highly consolidated. Some of the key players included in the report are Autoliv, Joyson, ZF Ag, Tokai Rika, Ashimori, and Faurecia. In terms of sales, the market’s top corporations hold a significant share. These businesses have a global brand presence due to their adherence to government guidelines and regulations.

To increase their market share, leading manufacturers are focused on improving existing products and launching new products. Seatbelt manufactures work with vehicles manufacturers to design custom solutions for varying needs. To attract customers, industry players are investing in R&D to design and improve innovative seatbelt components. Key players are focusing on increasing the production capacity of their plants in developing countries to gain a competitive advantage in this space.

Conclusion

Demand for automotive seatbelts has shown significant growth over the years, and manufacturers are aiming to make seatbelts even safer by introducing new technology and also improving existing technology. North America, Europe, and Asia Pacific account for a substantial portion of the global market.

How About Re-Inventing The Methodical Wheel In The Automotive Seat Belt Market? Tab! https://www.persistencemarketresearch.com/methodology/3178

More Valuable Insights

The research report analyzes demand trends for automotive seatbelts. The global market report is based on the COVID-19 impact, macroeconomic factors, market trends, and market background. As per Persistence Market Research’s scope, the market studied and analyzed on segments such as vehicle, design, technology, and region. The report gives qualitative and quantitative information about automotive seatbelt companies. The report also tracks the market from both, supply side and demand side.

Related Reports:

Automotive Seats Market
Automotive Seats Market is set to surpass and to be valued at US$ 74.19 Bn by 2025 in terms of sales.



Source link

Previous Post

In the next 10 years to see the Endodontic Devices Market swim in the direction of digitization at a CAGR of 5%

Next Post

Peracetic Acid Market worth $1,685 million by 2030

Related Posts

Press Releases

District Heating Market Anticipates a Valuation of $242.1 Billion by 2028

November 23, 2023
Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%
Press Releases

Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%

November 23, 2023
Press Releases

Cloud Native Storage Market Analysis by Size, Share, Growth, Trends up to 2030

November 23, 2023
PMO Summit Honors Organizations and Individuals with Global Excellence Awards
Press Releases

PMO Summit Honors Organizations and Individuals with Global Excellence Awards

November 23, 2023
HVAC Filters Market Dynamics: Regional Analysis and Opportunities with Expert Review
Press Releases

HVAC Filters Market Dynamics: Regional Analysis and Opportunities with Expert Review

November 23, 2023
Press Releases

Head-Up Display Market Projected to Reach $3.3 billion by 2028

November 22, 2023
Load More

Popular News

  • Vietnam media list

    Vietnam Media List for Press Release Distribution to Vietnamese Target Audience

    0 shares
    Share 0 Tweet 0
  • Singapore Media List for Press Release Distribution to Online, Print and Broadcast Outlets

    0 shares
    Share 0 Tweet 0
  • AsiaNewswire.net™ Relaunches Press Release Distribution to media in the Asia Pacific and Southeast Regions

    0 shares
    Share 0 Tweet 0
  • India Media List for Press Release Distribution to English Publications, Radio and Television Stations

    0 shares
    Share 0 Tweet 0
  • Four Investment Ideas to Grow Your Wealth in UAE

    0 shares
    Share 0 Tweet 0

By Categories

  • Agriculture
  • Arts & Entertainment
  • Australia
  • Business & Finance
  • Campaign
  • China
  • Education
  • English
  • Featured News
  • Forex & Commodities
  • India
  • Japan
  • Manufacturing & Industry
  • Media
  • Media List
  • National
  • Pakistan
  • Politics
  • Press Releases
  • Singapore
  • Social Media
  • South Korea
  • Stock Markets
  • Taiwan
  • Telecom & Tech
  • Travel
  • Uncategorized
  • Vietnam

About

Asia Newswire™ provides press release distribution services for businesses,  organizations and other entities with need to send news to media outlets in Asia  Pacific, South and South East Asian countries. Other services include writing and  editing press releases, consulting and media planning.

Categories

News by Country
News by Category
Press Releases

Recent Post

Recent Posts
  • PMO Summit Honors Organizations and Individuals with Global Excellence Awards
  • Cloud Native Storage Market Analysis by Size, Share, Growth, Trends up to 2030
  • Laboratory Proficiency Testing Market worth $1.6 billion by 2028 , growing at a CAGR of 7.4%
  • District Heating Market Anticipates a Valuation of $242.1 Billion by 2028

Subscribe Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia
    AsiaNewswire.net™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
    No Result
    View All Result
    • Home
    • Newsroom
      • News by Category
        • Agriculture
        • Arts & Entertainment
        • Aviation & transport
        • Business & Finance
        • Conferences & Seminars
        • Cryptocurrency
        • Economy
        • Education
        • Forex & Commodities
        • Manufacturing & Industry
        • Media
        • Oil & Energy
        • Pharma & Health
        • Politics
        • Real Estate & Construction
        • Sports
        • Stock Markets
        • Telecom & Tech
        • Travel & Tourism
      • News by Country
        • Australia
        • Bangladesh
        • China
        • Hong Kong
        • India
        • Indonesia
        • Japan
        • Macau(China)
        • Malaysia
        • Myanmar
        • Nepal
        • New Zealand
        • Pakistan
        • Philippines
        • Singapore
        • South Korea
        • Sri Lanka
        • Taiwan
        • Thailand
        • Vietnam
    • PR Services
      • Press Release Distribution
      • Press Release Writing
      • Consulting
      • Media Planning
    • About Us
    • Contact Us
    • Pricing
    • Press Releases
    • Login
    • Sign Up

    AsiaNewswire.net™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC