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Automotive Seat Belts Market Share
- Report ID: GMI1944
- Published Date: Mar 2022
- Report Format: PDF
Automotive Seat Belts Market Share
The industry is likely to witness competition on account of the adoption of strategies including mergers & acquisitions and technology advancements by competitors to gain high visibility.
- Key Safety Systems
- Ningbo BX Automotive Co., Ltd.
- Ashimori Industry Co., Ltd.
- Tokai Rika
- Continental AG
- ZF-TRW
- Hyundai Mobis
- Goradia Industries
- Joyson Safety System
- B.K Seat Belts Co., Ltd.
- GWR Co.
Frequently Asked Questions (FAQ) :
The market size of automotive seat belts crossed USD 18.34 million in 2021 and is poised to record a growth rate of over 3.5% through 2028, according to GMI report.
The market revenue from the OEM segment is poised to witness a CAGR of more than 3.6% between 2022 and 2028 owing to the expanding automotive production and the presence of stringent government regulations.
Retractor components are likely to hold over 35% of the revenue share by 2028 led by the higher need for passenger comfort.
The Asia Pacific market is expected to record close to 300 million units, in volume, by 2028 driven by the rising vehicle sales in the region.
Automotive Seat Belts Market Scope
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