Dublin, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The "Automotive Seat Belt Load Limiter - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Automotive Seat Belt Load Limiter market accounted for $3.40 billion in 2019 and is expected to reach $6.30 billion by 2027 growing at a CAGR of 8.0% during the forecast period.
The increasing demand for light commercial vehicles due to the rise in capital investments in small and medium enterprises is the major factor propelling market growth. However, the stringent regulations pertaining to the vehicle safety in regions are hampering market growth.
Automotive Seat Belt Load Limiter is designed to allow the seat belt force applied the chest to rise only to a point where serious injury is unlikely. Load limiters technology helps in protecting travellers from seatbelt imposed injury. The load limiter releases the webbing slowly so as to apply low force on the travellers' chest. Currently, two types of load limiter present in the market such as digressive load limiters and progressive load limiters.
Based on the vehicle, the passenger vehicle segment is going to have lucrative growth during the forecast period due to it provides for more than two-third of total demand, which is a reflection if stringent government regulations and growing awareness among consumers for on road safety measures. Furthermore, manufacturers are expected to focus on producing low cost safety systems and emphasize on rear passenger seat belts.
By geography, Asia pacific is estimated to have lucrative growth due to the rising production of vehicles in the region. Furthermore, higher foreign investments in the region supplemented with a rise in the number of manufacturing sites in China, India, Japan, Indonesia, and South Korea are likely to augment the automotive seat belt load limiter market in Asia Pacific during the forecast period.
Some of the key players profiled in the Automotive Seat Belt Load Limiter Market include APV Safety Products, Autoliv Inc., Beam's Seat Belts, Belt-tech, Far Europe Inc., BERGER GROUP, GWR Co., Continental AG, DENSO Corporation, Goradia Industries, Joyson Safety Systems, Kingfisher Automotive, Seat Belt Solutions LLC, TOKAIRIKA CO, LTD, ZF Friedrichshafen AG., Toyoda Gosei Co.Ltd., and Hyundai Mobis Co. Ltd.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019 2020, 2024, and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 Technology Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Seat Belt Load Limiter Market, By Seat
6 Global Automotive Seat Belt Load Limiter Market, By Technology
6.2 Adaptive/ Switchable
6.3 Progressive Load Limiters
6.4 Digressive Load Limiters
7 Global Automotive Seat Belt Load Limiter Market, By Vehicle
7.2 Light Commercial Vehicle
7.3 Heavy Commercial Vehicle
7.4 Passenger Vehicle
8 Global Automotive Seat Belt Load Limiter Market, By Geography
8.2 North America
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.5 Other Key Strategies
10 Company Profiling
10.1 APV Safety Products
10.2 Autoliv Inc.
10.3 Beam's Seat Belts
10.4 Belt-tech, Far Europe Inc.
10.5 BERGER GROUP, GWR Co.
10.6 Continental AG
10.7 DENSO Corporation,
10.8 Goradia Industries
10.9 Joyson Safety Systems
10.10 Kingfisher Automotive
10.11 Seat Belt Solutions LLC
10.12 TOKAIRIKA CO, LTD
10.13 ZF Friedrichshafen AG.
10.14 Toyoda Gosei Co.Ltd.
10.15 Hyundai Mobis Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/4k74nk
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