Automotive Industry Today

Smart Seat Belt Technology Market Size, Share, Trend, Outlook, Global Industry Frecast, 2031

Increase in consumer awareness toward automotive safety and rise in number of road accidents drive the growth of the smart seat belt technology market.
Published 21 June 2024

The Smart Seat Belt Technology Marketย report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market. The report is exclusively meant to help the readers with a comprehensive valuation of industry analysis and trends.

The smart seat belt technology utilizes a motor that retracts seat belt webbing in critical situations before a crash occurs. It can be triggered by sensors, such as radar, which provides the relative speed and distance to the vehicles ahead. The smart seat belt technology uses braking and stability control sensor information to sense a potential accident. It reacts by securing the driver and passenger seat belts by removing seat belt slack so the occupant's position on the seat is improved in advance of an impending crash.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ:ย https://www.alliedmarketresearch.com/request-sample/2096

The smart seat belt technology market is segmented on the basis of type, sales channel, vehicle type, propulsion, and region. By type, it is divided into active buckle lifter, active seat belt, intelligent ignition system, and attention retention system (ARS). On the basis of sales channel, it is segmented into original equipment manufacturer, and aftermarket. By vehicle type, it is divided into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. By propulsion, the market is divided into ICE, electric & hybrid, and alternate fuel vehicle. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global smart seat belt technology market is analyzed across type, sales channel, vehicle type, propulsion, and region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

๐“๐ก๐ž ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ฉ๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž

DENSO CORPORATION, Autoliv Inc., Joyson Safety Systems,, ITW Safety, GWR, TOKAIRIKA, CO, LTD., HYUNDAI MOBIS, GWR Safety Systems, ZF Friedrichshafen AG, FinDreams (BYD), CONTINENTAL AG, Far Europe Inc., Ashimori Industry;Co., Ltd, Samsong, Yanfeng

Based on sales channel, the original equipment manufacturer segment accounted for nearly two-fifths of the total market revenue in 2021, and is expected to dominate by 2031. The aftermarket segment, simultaneously, would cite the fastest CAGR of 9.7% throughout the forecast period.

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐ญ๐ก๐ž ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.alliedmarketresearch.com/checkout-final/e04a85127ab820b83bb7901b070f1fb2

Governments worldwide are increasingly focusing on implementing regulations that demand the development and incorporation of safety systems integrated with sensor systems and cameras in automobiles to improve the overall safety of vehicles & passengers. In India, according to Bharat New Vehicle Safety Assessment Program (BNVSAP) program, from April 2021, front passenger airbags have become mandatory for every vehicle sold in India, driver and co-driver seat belt alarms must be active till the seats are occupied, and speed warning systems are activated at two levels; at the vehicle exceeding the speed of 80km/hr and 120km/hr. Thus, increase in automotive safety norms, rise in consumer awareness toward automotive safety, and high demand for luxury vehicles foster the smart seat belt technology market in the forecast period

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Based on region, the market across Europe generated around one-third of the total market revenue in 2021, and is anticipated to retain the lionโ€™s share by 2031. The same region would also showcase the fastest CAGR of 7.4% during the forecast period. The other regions studied in the report include North America, LAMEA, and Asia-Pacific.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎโ€™๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:ย https://www.alliedmarketresearch.com/request-for-customization/2096

Europe is expected to dominate the market in terms of revenue, followed by North America, Asia-Pacific and LAMEA. The increasing demand for vehicles with advanced safety application is driving the growth of smart seat belt technology market in the region.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

  • By type, the attention retention system (ARS) segment is expected to register a significant growth during the forecast period.
  • Byย sales channel, the aftermarket segment is projected to lead the globalย smart seat belt technologyย market.
  • Byย vehicle type, the heavy commercial vehicles segment is projected to lead the globalย smart seat belt technologyย market.
  • Byย propulsion, the electric & hybrid segment is projected to lead the globalย smart seat belt technologyย market.
  • Region-wise, Europe is anticipated to register the highest CAGR during the forecast period.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Smart Mobility Market -ย https://www.prnewswire.com/news-releases/smart-mobility-market-to-reach-70-46-bn-globally-by-2027-at-20-2-cagr-allied-market-research-301113746.html

Automotive HMI Market -ย https://www.globenewswire.com/en/news-release/2019/05/13/1822506/0/en/Global-Automotive-HMI-Market-Projected-to-Attain-33-5-Bn-by-2025-at-11-1-CAGR-Says-AMR.html

Autonomous Bus Door System Market -ย https://www.prnewswire.com/news-releases/autonomous-bus-door-system-market-to-reach-77-0-mn-globally-by-2027-at-43-8-cagr-allied-market-research-301071821.html

Automotive Motors Market -ย https://www.alliedmarketresearch.com/automotive-motors-market

Other Industry News

Ready to start publishing

Sign Up today!