Global Automotive Seat Belt Market - Size, Share, Trend, Analysis to 2021
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- Date Submitted: 01/13/2016 01:42 AM
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Global Automotive Seat Belt Market - Asia-Pacific is estimated to
be the largest market, By Regional Analysis (2021)
Persistence Market Research
Global Automotive Seat Belt Market to reach
US$ 19.5 Bn by 2021 - Persistence Market
Research
Persistence Market Research
1
Global Automotive Seat Belt Market - Asia-Pacific is estimated to
be the largest market, By Regional Analysis (2021)
Persistence Market Research Released New Market Report “Global Market Study on
Automotive Seat belts: 3 Point Seat Belt Segment to Witness High Growth by
2021”.
The global automotive seat belt market is estimated to be valued at US$ 11,987.6 Mn by the
end of 2015. The market is expected to register a CAGR of 8.4% between 2015 and 2021. In
terms of volume, the market accounted for 433,480 thousand units in 2014, and is expected
to increase at a CAGR of 6.8% over the forecast period to reach 684,555 thousand units by
2021 and by value to Account for US$ 19.5 Bn by 2021.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/3178
Growth of the global automotive seat belt market is mainly driven by increasing government
road safety regulation and high incidence of road accidents worldwide.
Increasing uptake of three-point belts, rising adoption of various advance safety
technologies, shift to active safety systems, and substantial investment in R&D activities by
key players for product innovation are major trends observed in the market.
The global automotive seat belt market was valued at US$ 11,026.6 Mn in 2014. Asia Pacific
(APAC) was the largest market for automotive seat belts, accounting for 28.8% revenue
share of the overall market in 2014, followed by Europe accounting for 28.0% share.
Moreover, Asia Pacific market is expected to exhibit highest CAGR of 11.4% during the
forecast period (2015–2021), followed by the MEA market, which is expected to expand at a
CAGR of 8.5%. APAC is forecast to remain the most attractive market for major players, and
is...
be the largest market, By Regional Analysis (2021)
Persistence Market Research
Global Automotive Seat Belt Market to reach
US$ 19.5 Bn by 2021 - Persistence Market
Research
Persistence Market Research
1
Global Automotive Seat Belt Market - Asia-Pacific is estimated to
be the largest market, By Regional Analysis (2021)
Persistence Market Research Released New Market Report “Global Market Study on
Automotive Seat belts: 3 Point Seat Belt Segment to Witness High Growth by
2021”.
The global automotive seat belt market is estimated to be valued at US$ 11,987.6 Mn by the
end of 2015. The market is expected to register a CAGR of 8.4% between 2015 and 2021. In
terms of volume, the market accounted for 433,480 thousand units in 2014, and is expected
to increase at a CAGR of 6.8% over the forecast period to reach 684,555 thousand units by
2021 and by value to Account for US$ 19.5 Bn by 2021.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/3178
Growth of the global automotive seat belt market is mainly driven by increasing government
road safety regulation and high incidence of road accidents worldwide.
Increasing uptake of three-point belts, rising adoption of various advance safety
technologies, shift to active safety systems, and substantial investment in R&D activities by
key players for product innovation are major trends observed in the market.
The global automotive seat belt market was valued at US$ 11,026.6 Mn in 2014. Asia Pacific
(APAC) was the largest market for automotive seat belts, accounting for 28.8% revenue
share of the overall market in 2014, followed by Europe accounting for 28.0% share.
Moreover, Asia Pacific market is expected to exhibit highest CAGR of 11.4% during the
forecast period (2015–2021), followed by the MEA market, which is expected to expand at a
CAGR of 8.5%. APAC is forecast to remain the most attractive market for major players, and
is...