- The key vendors in the Global Automotive Seatbelt Pre-tensioners Market 2014-2018 are Autoliv Inc., Delphi Automotive plc, Takata Corp. and TRW Automotive Holdings Corp.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Automotive Seatbelt Pre-tensioners Market 2014-2018. One major trend in the market is the adoption of automotive seatbelt pre-tensioners in low-cost and compact vehicles. This will help attain economies of scale and reduce the price of automotive seatbelt pre-tensioners. The demand for compact and mid-sized vehicles is on the rise in countries such as China, which is a key automotive market. The demand for reliable automotive seatbelt pre-tensioners is increasing because they directly influence the vehicle’s safety. The Global Automotive Seatbelt Pre-tensioners market is expected to grow at a CAGR of 7.31 percent during the forecast period of 2013-2018.
“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.
“The FMCSA has been collaborating with the Commercial Vehicle industry to test, evaluate, and certify on-board safety systems in commercial vehicles to increase the safety of passengers.”
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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