- The key vendors in the Automotive Seatbelt Pre-tensioner Market in the Americas 2015-2019 are Autoliv Inc., Delphi Automotive plc, Takata Corp. and TRW Automotive Holdings Corp.
London, 28 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Automotive Seatbelt Pre-tensioner Market in the Americas 2015-2019. Increased adoption of automotive seatbelt pre-tensioners in low-cost and compact vehicles is one major trend emerging in the market. There has been a surge in automotive safety concerns among consumers from various economic classes which has resulted in the need for enhanced safety features across all automotive segments, such as the Low-cost and Compact Automotive segments. The Automotive Seatbelt Pre-tensioner market in the Americas is expected to post a CAGR of 9.06 percent during the forecast period of 2014-2019.
Currently, automotive manufacturers are focusing on improving passive safety systems, especially seatbelts and airbags as they reduce side crash impact. As passenger safety has become a prime concern for manufacturers of both automotive seatbelt pre-tensioners and automotives, various active and passive automotive safety systems are being actively used.
“Currently, governments in various regions such as Europe, the Americas, and Australia are encouraging the use of advanced vehicle safety systems,” says Faisal Ghaus, Vice President of TechNavio Research.
“Moreover, governments are taking initiatives to strengthen the safety standards through various organizations such as the NHTSA, the European NCAP, ASEAN NCAP, and ANCAP.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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