Product Code: 1944
The automotive seat belts market is poised to witness substantial expansion through 2028 owing to escalating vehicle production in key regions across the globe. In addition, higher vehicle sales facilitated by rising purchasing capacity of buyers are set to further support industry growth over the forecast period.
Recently, studies have shown that a lap and shoulder seat belt can cut the risk of fatal injury by almost 60% in a van, SUV, or pickup, and by nearly 45% in a car. Recently, a March 2022 study conducted by the Insurance Institute for Highway Safety (IIHS), a nonprofit educational and scientific organization working to reduce injuries, deaths, and property damage from motor vehicle accidents, introduced a novel ratings program to urge manufacturers to enhance their seat belt reminders, which could save about 1,500 lives a year. IIHS found that effective seal belt reminders could save lives by getting those people to buckle up who are not diligent regarding the use of seat belts. As a result, mounting importance of seat belts has played a crucial role in the growth of the overall business.
The automotive seat belts market has been categorized on the basis of type, vehicle, component, distribution channel, and region. Based on component, the market has been further segmented into retractor, webbing strap, buckle, pillar loop, and tongue.
In 2021, the tongue sub-segment held around 2.5% market share and is projected to grow at a CAGR of more than 2.7% through the assessment timeframe. The tongue serves as the second end of the seat belt, which is supposed to be inserted in the buckle to get locked. Surging demand for automotive seat-belt tongue is attributed to the increase in the manufacturing of vehicles, which is likely to continue to contribute to the growth of the segment in the coming years.
The automotive seat belts market share from the pillar loop sub-segment is expected to witness gradual growth over the review timeline, delivering a steady CAGR between 2022 and 2028. The growth of the segment is attributed to the requirement of loops to hold seat belts in position in the vehicle in order to ensure proper operation in case of a crash.
In the regional landscape, the Latin America automotive seat belts industry is anticipated to progress at approximately 2.6% CAGR through the analysis timespan. Meanwhile, the Middle East & Africa automotive seat belts market is slated to showcase significant growth over the forecast period. Stringent government regulations and laws enacted for the safety of passengers across MEA are primed to drive regional market growth in the future.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market definition
- 1.2 Base estimates & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific
- 1.2.4 Latin America
- 1.2.5 Middle East & Africa
- 1.3 Forecast calculations
- 1.3.1 COVID-19 impact calculations on industry forecast
- 1.4 Data Sources
- 1.4.1 Secondary
- 1.4.1.1 Paid
- 1.4.1.2 Unpaid
- 1.4.2 Primary
Chapter 2 Executive Summary
- 2.1 Automotive seat belts industry 360 degree synopsis, 2018 - 2028
- 2.1.1 Business trends
- 2.1.2 Type trends
- 2.1.3 Vehicle trends
- 2.1.4 Component trends
- 2.1.5 Distribution channel trends
- 2.1.6 Regional trends
Chapter 3 Automotive Seat Belts Industry Insights
- 3.1 Introduction
- 3.2 Industry landscape, 2018 - 2028
- 3.2.1 COVID 19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Distribution channel analysis
- 3.3.2 Value chain disruption analysis (COVID 19 impact)
- 3.3.3 Vendor matrix
- 3.4 Technology landscape
- 3.4.1 Seat Belts Reminder System
- 3.4.2 Inflatable Seat Belt
- 3.4.3 Active Control Retractors
- 3.5 Pricing trends
- 3.5.1 North America
- 3.5.2 Europe
- 3.5.3 Asia Pacific
- 3.5.4 Latin America
- 3.5.5 MEA
- 3.6 Cost structure analysis
- 3.7 Regulatory landscape
- 3.7.1 U.S.
- 3.7.2 Europe
- 3.7.3 China
- 3.8 Industry impact forces
- 3.8.1 Growth driver
- 3.8.1.1 Stringent government regulations pertaining to passenger safety
- 3.8.1.2 Advancements in automotive seat belt technologies
- 3.8.1.3 Increasing production and demand for passenger vehicles
- 3.8.1.4 Rising commercial vehicles demand
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Growing adoption of active safety system
- 3.8.2.2 Temporary closure of manufacturing facilities due to COVID-19
- 3.9 Innovation & sustainability
- 3.9.1 Smart Seat Belt
- 3.9.1.1 Intelligent Ignition System (IIS)
- 3.9.1.2 Attention Retention System (ARS)
- 3.9.2 Intelligent Seat Belt
- 3.10 Growth potential analysis, 2021
- 3.11 Porter's analysis
- 3.11.1 Supplier power
- 3.11.2 Buyer power
- 3.11.3 Threat of new entrants
- 3.11.4 Industry rivalry
- 3.11.5 Threat of substitutes
- 3.12 PESTEL analysis
Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share, 2021
- 4.3 Competitive analysis of key market players
- 4.4 Strategic dashboard
Chapter 5 Automotive Seat Belts Market, By Type
- 5.1 Global automotive seat belts market share, by type, 2021 & 2028
- 5.2 2-point seat belts
- 5.2.1 Market estimates and forecast, 2018 - 2028
- 5.2.2 Market estimates and forecast, by region, 2018 - 2028
- 5.3 3-point seat belts
- 5.3.1 Market estimates and forecast, 2018 - 2028
- 5.3.2 Market estimates and forecast, by region, 2018 - 2028
Chapter 6 Automotive Seat Belts Market, By Vehicle
- 6.1 Global automotive seat belts market share, by vehicle, 2021 & 2028
- 6.2 Passenger Cars
- 6.2.1 Market estimates and forecast, 2018 - 2028
- 6.2.2 Market estimates and forecast, by region, 2018 - 2028
- 6.3 LCV
- 6.3.1 Market estimates and forecast, 2018 - 2028
- 6.3.2 Market estimates and forecast, by region, 2018 - 2028
- 6.4 HCV
- 6.4.1 Market estimates and forecast, 2018 - 2028
- 6.4.2 Market estimates and forecast, by region, 2018 - 2028
Chapter 7 Automotive Seat Belts Market, By Component
- 7.1 Global automotive seat belts market share, by component, 2021 & 2028
- 7.2 Webbing strap
- 7.2.1 Market estimates and forecast, 2018 - 2028
- 7.2.2 Market estimates and forecast, by region, 2018 - 2028
- 7.3 Retractor
- 7.3.1 Market estimates and forecast, 2018 - 2028
- 7.3.2 Market estimates and forecast, by region, 2018 - 2028
- 7.4 Buckle
- 7.4.1 Market estimates and forecast, 2018 - 2028
- 7.4.2 Market estimates and forecast, by region, 2018 - 2028
- 7.5 Tongue
- 7.5.1 Market estimates and forecast, 2018 - 2028
- 7.5.2 Market estimates and forecast, by region, 2018 - 2028
- 7.6 Pillar loop
- 7.6.1 Market estimates and forecast, 2018 - 2028
- 7.6.2 Market estimates and forecast, by region, 2018 - 2028
Chapter 8 Automotive Seat Belts Market, By Distribution Channel
- 8.1 Global automotive seat belts market share, by distribution channel, 2021 & 2028
- 8.2 OEM
- 8.2.1 Market estimates and forecast, 2018 - 2028
- 8.2.2 Market estimates and forecast, by region, 2018 - 2028
- 8.3 Aftermarket
- 8.3.1 Market estimates and forecast, 2018 - 2028
- 8.3.2 Market estimates and forecast, by region, 2018 - 2028
Chapter 9 Automotive Seat Belts Market, By Region
- 9.1 Global automotive seat belts market share, by region, 2021 & 2028
- 9.2 North America
- 9.2.1 Market estimates and forecast, 2018 - 2028
- 9.2.2 Market estimates and forecast, by type, 2018 - 2028
- 9.2.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.2.4 Market estimates and forecast, by component, 2018 - 2028
- 9.2.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.2.6 U.S.
- 9.2.6.1 Market estimates and forecast, 2018 - 2028
- 9.2.6.2 Market estimates and forecast, by type, 2018 - 2028
- 9.2.6.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.2.6.4 Market estimates and forecast, by component, 2018 - 2028
- 9.2.6.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.2.7 Canada
- 9.2.7.1 Market estimates and forecast, 2018 - 2028
- 9.2.7.2 Market estimates and forecast, by type, 2018 - 2028
- 9.2.7.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.2.7.4 Market estimates and forecast, by component, 2018 - 2028
- 9.2.7.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3 Europe
- 9.3.1 Market estimates and forecast, 2018 - 2028
- 9.3.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3.6 Germany
- 9.3.6.1 Market estimates and forecast, 2018 - 2028
- 9.3.6.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.6.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.6.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.6.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3.7 UK
- 9.3.7.1 Market estimates and forecast, 2018 - 2028
- 9.3.7.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.7.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.7.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.7.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3.8 France
- 9.3.8.1 Market estimates and forecast, 2018 - 2028
- 9.3.8.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.8.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.8.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.8.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3.9 Italy
- 9.3.9.1 Market estimates and forecast, 2018 - 2028
- 9.3.9.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.9.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.9.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.9.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3.10 Russia
- 9.3.10.1 Market estimates and forecast, 2018 - 2028
- 9.3.10.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.10.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.10.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.10.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.3.11 Spain
- 9.3.11.1 Market estimates and forecast, 2018 - 2028
- 9.3.11.2 Market estimates and forecast, by type, 2018 - 2028
- 9.3.11.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.3.11.4 Market estimates and forecast, by component, 2018 - 2028
- 9.3.11.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4 Asia Pacific
- 9.4.1 Market estimates and forecast, 2018 - 2028
- 9.4.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4.6 China
- 9.4.6.1 Market estimates and forecast, 2018 - 2028
- 9.4.6.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.6.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.6.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.6.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4.7 India
- 9.4.7.1 Market estimates and forecast, 2018 - 2028
- 9.4.7.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.7.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.7.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.7.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4.8 Japan
- 9.4.8.1 Market estimates and forecast, 2018 - 2028
- 9.4.8.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.8.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.8.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.8.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4.9 South Korea
- 9.4.9.1 Market estimates and forecast, 2018 - 2028
- 9.4.9.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.9.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.9.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.9.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4.10 Indonesia
- 9.4.10.1 Market estimates and forecast, 2018 - 2028
- 9.4.10.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.10.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.10.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.10.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.4.11 Australia
- 9.4.11.1 Market estimates and forecast, 2018 - 2028
- 9.4.11.2 Market estimates and forecast, by type, 2018 - 2028
- 9.4.11.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.4.11.4 Market estimates and forecast, by component, 2018 - 2028
- 9.4.11.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.5 Latin America
- 9.5.1 Market estimates and forecast, 2018 - 2028
- 9.5.2 Market estimates and forecast, by type, 2018 - 2028
- 9.5.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.5.4 Market estimates and forecast, by component, 2018 - 2028
- 9.5.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.5.6 Brazil
- 9.5.6.1 Market estimates and forecast, 2018 - 2028
- 9.5.6.2 Market estimates and forecast, by type, 2018 - 2028
- 9.5.6.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.5.6.4 Market estimates and forecast, by component, 2018 - 2028
- 9.5.6.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.5.7 Mexico
- 9.5.7.1 Market estimates and forecast, 2018 - 2028
- 9.5.7.2 Market estimates and forecast, by type, 2018 - 2028
- 9.5.7.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.5.7.4 Market estimates and forecast, by component, 2018 - 2028
- 9.5.7.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.6 Middle East & Africa (MEA)
- 9.6.1 Market estimates and forecast, 2018 - 2028
- 9.6.2 Market estimates and forecast, by type, 2018 - 2028
- 9.6.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.6.4 Market estimates and forecast, by component, 2018 - 2028
- 9.6.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.6.6 Saudi Arabia
- 9.6.6.1 Market estimates and forecast, 2018 - 2028
- 9.6.6.2 Market estimates and forecast, by type, 2018 - 2028
- 9.6.6.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.6.6.4 Market estimates and forecast, by component, 2018 - 2028
- 9.6.6.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.6.7 UAE
- 9.6.7.1 Market estimates and forecast, 2018 - 2028
- 9.6.7.2 Market estimates and forecast, by type, 2018 - 2028
- 9.6.7.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.6.7.4 Market estimates and forecast, by component, 2018 - 2028
- 9.6.7.5 Market estimates and forecast, by distribution channel, 2018 - 2028
- 9.6.8 South Africa
- 9.6.8.1 Market estimates and forecast, 2018 - 2028
- 9.6.8.2 Market estimates and forecast, by type, 2018 - 2028
- 9.6.8.3 Market estimates and forecast, by vehicle, 2018 - 2028
- 9.6.8.4 Market estimates and forecast, by component, 2018 - 2028
- 9.6.8.5 Market estimates and forecast, by distribution channel, 2018 - 2028
Chapter 10 Company Profiles
- 10.1 Key Safety Systems
- 10.1.1 Business Overview
- 10.1.2 Financial Data
- 10.1.3 Product Landscape
- 10.1.4 Strategic Outlook
- 10.1.5 SWOT Analysis
- 10.2 Ningbo BX Automotive Co., Ltd.
- 10.2.1 Business Overview
- 10.2.2 Financial Data
- 10.2.3 Product Landscape
- 10.2.4 Strategic Outlook
- 10.2.5 SWOT Analysis
- 10.3 Ashimori Industry Co., Ltd.
- 10.3.1 Business Overview
- 10.3.2 Financial Data
- 10.3.3 Product Landscape
- 10.3.4 Strategic Outlook
- 10.3.5 SWOT Analysis
- 10.4 Tokai Rika
- 10.4.1 Business Overview
- 10.4.2 Financial Data
- 10.4.3 Product Landscape
- 10.4.4 Strategic Outlook
- 10.4.5 SWOT Analysis
- 10.5 Continental AG
- 10.5.1 Business Overview
- 10.5.2 Financial Data
- 10.5.3 Product Landscape
- 10.5.4 Strategic Outlook
- 10.5.5 SWOT Analysis
- 10.6 ZF-TRW
- 10.6.1 Business Overview
- 10.6.2 Financial Data
- 10.6.3 Product Landscape
- 10.6.4 Strategic Outlook
- 10.6.5 SWOT Analysis
- 10.7 Hyundai Mobis
- 10.7.1 Business Overview
- 10.7.2 Financial Data
- 10.7.3 Product Landscape
- 10.7.4 Strategic Outlook
- 10.7.5 SWOT Analysis
- 10.8 Goradia Industries
- 10.8.1 Business Overview
- 10.8.2 Financial Data
- 10.8.3 Product Landscape
- 10.8.4 Strategic Outlook
- 10.8.5 SWOT Analysis
- 10.9 Joyson Safety System
- 10.9.1 Business Overview
- 10.9.2 Financial Data
- 10.9.3 Product Landscape
- 10.9.4 Strategic Outlook
- 10.9.5 SWOT Analysis
- 10.10 B.K Seat Belts Co., Ltd.
- 10.10.1 Business Overview
- 10.10.2 Financial Data
- 10.10.3 Product Landscape
- 10.10.4 Strategic Outlook
- 10.10.5 SWOT Analysis
- 10.11 GWR Co.
- 10.11.1 Business Overview
- 10.11.2 Financial Data
- 10.11.3 Product Landscape
- 10.11.4 Strategic Outlook
- 10.11.5 SWOT Analysis