TechNavio recognizes the following companies as the key players in the Global Automotive Seat Belts Market: Autoliv Inc., Takata Corp., Toyoda Gosei Co. Ltd., and TRW Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The main trend witnessed in the Global Automotive Seatbelts market is the increased popularity of inflatable seatbelts. Inflatable seatbelts are a combination of airbags and seatbelts; they are also called beltbags. In this system, the fabric layers of the seatbelts have an airbag fixed between them, which will enable them to provide better safety for the user. If there is a collision or a crash, the bag within the belt is inflated by the gas generator embedded in the belt, thereby safeguarding the driver and the passengers.”
According to the report, the main driver witnessed in the market which is increasing the use of and the demand for seatbelts is the improved safety provided by seatbelts. A seatbelt ensures better safety and the vehicle occupant is less prone to injuries during an accident or a collision. Its ability to keep the body stationary provides better comfort during sharp turns.
Further, the report states that the main challenge faced by the market is the reduction in automobile sales due to the economic instability in many countries. The countries in the EMEA region are facing an economic crisis, and the US and developing countries such as China and India are witnessing slow economic growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-automotive-seat-belts-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report -Global Automotive Seat Belts Market 2012-2016
