America Automotive Seatbelt Pre-tensioner Market to Grow at 9.06 % CAGR by 2019 Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) February 10, 2015 -- According to the latest “Automotive Seatbelt Pre-tensioner Market in the Americas 2015-2019” low-cost and compact vehicles increasing adoption of automotive seatbelt pre-tensioners is one of the major trend seen in this 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. This Active control retractor (ACR) systems is the technology that helps the drive to be in the right position at the time of the accident. The Automotive Seat Belt Pre-tensioner Market has been segmented - Retractor Pre-tensioner, Buckel Pre-tensioner and Lap Pre-tensioner.
The Automotive Seatbelt Pre-tensioner market in the Americas is expected to post a CAGR of 9.06% during the forecast period of 2014-2019. According to the report, increased demand for automotive safety systems is one of the major drivers of the market. Safety systems in vehicles prevent accidents during critical situations and protect passengers from injuries. The various active and passive automotive safety systems like assive safety systems, especially seatbelts and airbags are actively used as passenger safety has become a prime concern for both automotive seatbelt pre-tensioners and automotive manufacturers.
In many regions such as Europe, the Americas and Australia, governments are encouraging the use of advanced vehicle safety systems. Moreover, governments are taking initiatives to strengthen the safety standards through various organizations such as the NHTSA, the European NCAP, ASEAN NCAP, and ANCAP.
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The report recognizes the following companies as the key players in the Automotive Seatbelt Pre-tensioner Market in the Americas: Autoliv Inc., Delphi Automotive plc, Takata Corp. and TRW Automotive Holdings Corp.
Other Prominent Vendors in the market are: Daimler, Far Europe, Hyundai Motor, Iron Force Industrial, ITW Safety, Key Safety Systems, Special Devices and Tokai Rika.
Further, the report states that an increase in average wage rates is one of the main challenges in the market. The increase in average wage rates results in increased manufacturing costs, which adversely affects the financial status of manufacturers. This leads to low profit margins of manufacturers and restricts their expenditure in R&D.
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Automotive Seatbelt Pre-tensioners by Type
Exhibit 3: Automotive Seatbelt Pre-tensioners Market in Americas 2014-2019 (US$ billion)
Exhibit 4: Key Leading Countries in the Automotive Seatbelt Pre-tensioner Market in Americas
Exhibit 5: Automotive Seatbelt Pre-tensioner Market in Americas by Geographical Segmentation 2014
Exhibit 6: Automotive Seatbelt Pre-tensioner market in Americas by Geographical Segmentation 2014-2019
Exhibit 7: Automotive Seatbelt Pre-tensioner Market in Americas by Geographical Segmentation 2014-2019
Exhibit 8: Automotive Seatbelt Pre-tensioner Market in North America
Exhibit 9: Automotive Seatbelt Pre-tensioner Market in Latin America
Exhibit 10: Automotive Seatbelt Pre-tensioner Market in Americas 2014-2019 (US$ billion)
And more.
Another related report on active and passive automotive safety systems is Global Automotive Night Vision Systems (NVS) Market 2015-2019. The report analysts forecast the Global Automotive Night Vision Systems (NVS) market to grow at a CAGR of 17.22% over the period 2014-2019. The Global Automotive Night Vision Systems (NVS) market can be segmented into two divisions: Active Automotive NVS and Passive Automotive NVS.
The report recognizes the following companies as the key players in the Global Automotive Night Vision Systems (NVS) Market: Autoliv Inc., Bendix Commercial Vehicles Systems LLC and Robert Bosch GmbH.
Other Prominent Vendors in the market are: Continental, Delphi Automotive, FLIR Systems, Hella, Raytheon and Valeo.
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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