Automotive seat belt pretensioners eradicate excess slack almost immediately upon detecting the abrupt deceleration of the vehicle, generally by firing a pyrotechnic device that aids in holding the occupant in position, and stops the occupant from banging the dashboard or the front seat of the car. Earlier, pretensioners were mounted only in premium vehicles; however, its usage has augmented over a period of time. The development of advanced technology seat belts is a result of rising demand for safety systems in vehicles. Rising stringency of safety standards are influencing the automotive seat belt market, which, in turn, is likely to fuel the market for automotive seat belt pretensioners.
Increase in per capita income amongst developing economies has resulted in the emergence of several first-time consumers, thus inciting vehicle production, thereby, fueling the demand for automotive seat belt pretensioners. Government initiatives in China and India to boost vehicle production in the region are boosting the seat belt market in Asia Pacific. The rapidly growing automotive industry in ASEAN is anticipated to fuel the automotive seat belt pretensioner market in this sub-region. Rising usage of active safety features in new vehicles to improve the safety of passengers, and continuous developments in the field of safety equipment carried out by major manufacturers such as Autoliv, Inc. and ZF Friedrichshafen AG are projected to propel the market during the forecast period.
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The report has segmented the global automotive seat belts pretensioner market based on technology, seat, vehicle type, and region. In terms of technology, the retractor segment holds a significant share of the market. The preference of manufacturers to install pretensioners in combination with retractors has drove the retractor technology segment, as they possess higher force to restrain the occupant in the seat in case of a collision or sudden deceleration. The anchor is the least preferred technology among all, thus holding the smallest share in the market. On the basis of seat, the front seat segment is likely to be a dominant automotive seat belt pretensioner market share holder, owing to its higher penetration in front seats, since during a collision, the impact is higher on the driver and co-driver seats. Thus, to reduce the effect of an impact, pretensioners are installed in front seats. However, some vehicles are equipped in both, the front as well as rear seats, to improve the safety factor of the vehicle.
Based on vehicle, the passenger vehicles segment accounts for a substantial share of the automotive seat belt pretensioner market, due to increasing production of passenger vehicles as compared to commercial vehicles. Furthermore, a higher number of seat belts are integrated in passenger vehicles as compared to commercial vehicles, which, in turn, has propelled the passenger vehicles segment in the automotive seat belt pretensioner market. Active technology seat belts are mostly employed in passenger vehicles. In accordance with region, Asia Pacific is a major region owing to the high production capabilities of China, India, South Korea, and Japan. The markets in countries in Asia Pacific and Latin America, such as Argentina, Chile, India, and Mexico are anticipated to grow at notable growth rates during the forecast period, owing to the increasing demand for vehicles in these regions.
Major companies operating in the global automotive seat belt pretensioner market are profiled in this report to give a better competitive analysis of the market and these include APV Safety Products, Autoliv Inc., Belt-tech, BERGER GROUP, Continental AG, DENSO Corporation., Far Europe Inc., Goradia Industries, GWR Co., Joyson Safety Systems, Robert Bosch GmBH, Seatbelt Solutions LLC, TOKAIRIKA,CO, LTD, and ZF Friedrichshafen AG.
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