The Global Automotive Airbag & Seat Belt Market: Forecast to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Automotive Airbag And Seat Belt - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Automotive Airbag and Seat Belt market accounted for $53.98 billion in 2017 and is expected to reach $168.23 billion by 2026 growing at a CAGR of 13.5% during the forecast period.
Rising demand for safer and more efficient driving experiences, high demand from passenger vehicles, the increasing number of mandates pertaining to the implementation and growing government road safety regulations are some of the key factors driving the market growth.
However, factors such as the rising development of active safety systems and maintaining the stability between cost & quality are some of the factors hindering the market growth.
By Electric Vehicle, hybrid electric vehicle (HEV) is expected to be the fastest growing segment in the electric vehicle over the forecast period. Stringent emission norms, surroundings safety, motor vehicle electrification, and government system are expected to boost the market for HEV airbags & seatbelts.
Electric Vehicles Covered:Plug-In Hybrid Electric Vehicles (PHEVs) Hybrid Electric Vehicles (HEVs) Fuel Cell Electric Vehicles (FCEVs) Battery Electric Vehicles (BEVs)
Seat Belt Technologies Covered:Bag in Belts Load Limiter Inflatable Locking Retractors Seat Belt Reminder System Active Seat Belts Retractors Automatic Pretensioners and Webclamps
Vehicle Types Covered:Trucks Passenger Cars (PCs) Buses Commercial Vehicles
Airbag Types Covered:Side Knee Frontal Curtain Rear Curtain Centre Seat Belt Airbag
Seat Belt Types Covered:Three-Point Two-Point Four-Point Six-Point Five-Point Automatic Seatbelt Other Seat Belt Types
Distribution Channels Covered:Original Equipment Manufacturers (OMEs) Aftermarket
End Users Covered:Seat Belt Airbag
Companies Profiled:Aptiv Ashimori Industry Co. Ltd. Autoliv Continental DENSO Corporation Honda Motor Co. Ltd. GWR Safety Systems Inc. Hyundai Mobis Infineon Technologies Joyson Electronic ZF Friedrichshafen Pfaff Industriesysteme Und Maschinen Rhodius Robert Bosch Safety Components Takata Corporation
For more information about this report visit https://www.researchandmarkets.com/research/zncgrp/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005194/en/
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Related Topics:Seatbelts and Airbags
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/18/2019 07:25 AM/DISC: 01/18/2019 07:25 AM