The Latin America, Middle East and Africa Automotive Seat Belt Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
Seat belt manufacturers are continually innovating to enhance safety and comfort. This includes developing pre-tensioners, load limiters, height-adjustable seat belts, and seat belt reminders. Advanced materials and designs are also used to make seat belts more effective and comfortable. The market includes both global and regional players. Some of the well-known seat belt manufacturers include Autoliv, Takata Corporation (now Joyson Safety Systems), ZF Friedrichshafen AG, Delphi Automotive (now Aptiv), and TRW Automotive (now part of ZF Friedrichshafen).
Trends in the market include integrating seat belt systems with other safety features like airbags and electronic stability control. Additionally, there is a growing emphasis on designing comfortable seat belts for passengers of all sizes and ages. The growth of electric vehicles (EVs) and autonomous vehicles (AVs) is expected to influence the market. EVs may require different seat belt designs due to their unique architecture, and AVs may require advanced seat belt systems to accommodate new seating arrangements and safety requirements.
Economic stability and growth in the region have increased the affordability of personal vehicles, further contributing to the development of the market. The development of e-commerce and online retail channels has made it easier for consumers in the Middle East to access various seat belt products, including replacement seat belts and child safety seats. Middle Eastern countries often collaborate with international automakers and seat belt manufacturers to develop and supply vehicles with advanced seat belt systems for domestic and export markets. These factors led the market to grow in this region.
The Brazil market dominated the LAMEA Automotive Seat Belt Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $394.6 Million by 2030, growing at a CAGR of 6.9 % during the forecast period. The Argentina market is showcasing a CAGR of 8.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.7% during (2023 - 2030).
Based on Type, the market is segmented into Three-point, and Five-point. Based on Vehicle Type, the market is segmented into Passenger Cars, and Commercial Vehicles. Based on Distribution Channel, the market is segmented into OEM, and Aftermarket. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Automotive Seat Belt Market is Projected to reach USD 20.2 Billion by 2030, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include GWR Safety Systems, Joyson Safety Systems Aschaffenburg GmbH, ZF Friedrichshafen AG, Autoliv, Inc., Hyundai Mobis Co., Ltd. (Hyundai Motor), Robert Bosch GmbH, Volvo Group, Tokai Rika Co., Ltd., Continental AG and Holmbergs Safety System Holding AB.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By Distribution Channel
By Country- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- GWR Safety Systems
- Joyson Safety Systems Aschaffenburg GmbH
- ZF Friedrichshafen AG
- Autoliv, Inc.
- Hyundai Mobis Co., Ltd. (Hyundai Motor)
- Robert Bosch GmbH
- Volvo Group
- Tokai Rika Co., Ltd.
- Continental AG
- Holmbergs Safety System Holding AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Seat Belt Market, by Type
1.4.2 LAMEA Automotive Seat Belt Market, by Vehicle Type
1.4.3 LAMEA Automotive Seat Belt Market, by Distribution Channel
1.4.4 LAMEA Automotive Seat Belt Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Automotive Seat Belt Market, By Type
4.1 LAMEA Three-point Market, By Country
4.2 LAMEA Five-point Market, By Country
Chapter 5. LAMEA Automotive Seat Belt Market, By Vehicle Type
5.1 LAMEA Passenger Cars Market, By Country
5.2 LAMEA Commercial Vehicles Market, By Country
Chapter 6. LAMEA Automotive Seat Belt Market, By Distribution Channel
6.1 LAMEA OEM Market, By Country
6.2 LAMEA Aftermarket Market, By Country
Chapter 7. LAMEA Automotive Seat Belt Market, By Country
7.1 Brazil Automotive Seat Belt Market
7.1.1 Brazil Automotive Seat Belt Market, By Type
7.1.2 Brazil Automotive Seat Belt Market, By Vehicle Type
7.1.3 Brazil Automotive Seat Belt Market, By Distribution Channel
7.2 Argentina Automotive Seat Belt Market
7.2.1 Argentina Automotive Seat Belt Market, By Type
7.2.2 Argentina Automotive Seat Belt Market, By Vehicle Type
7.2.3 Argentina Automotive Seat Belt Market, By Distribution Channel
7.3 UAE Automotive Seat Belt Market
7.3.1 UAE Automotive Seat Belt Market, By Type
7.3.2 UAE Automotive Seat Belt Market, By Vehicle Type
7.3.3 UAE Automotive Seat Belt Market, By Distribution Channel
7.4 Saudi Arabia Automotive Seat Belt Market
7.4.1 Saudi Arabia Automotive Seat Belt Market, By Type
7.4.2 Saudi Arabia Automotive Seat Belt Market, By Vehicle Type
7.4.3 Saudi Arabia Automotive Seat Belt Market, By Distribution Channel
7.5 South Africa Automotive Seat Belt Market
7.5.1 South Africa Automotive Seat Belt Market, By Type
7.5.2 South Africa Automotive Seat Belt Market, By Vehicle Type
7.5.3 South Africa Automotive Seat Belt Market, By Distribution Channel
7.6 Nigeria Automotive Seat Belt Market
7.6.1 Nigeria Automotive Seat Belt Market, By Type
7.6.2 Nigeria Automotive Seat Belt Market, By Vehicle Type
7.6.3 Nigeria Automotive Seat Belt Market, By Distribution Channel
7.7 Rest of LAMEA Automotive Seat Belt Market
7.7.1 Rest of LAMEA Automotive Seat Belt Market, By Type
7.7.2 Rest of LAMEA Automotive Seat Belt Market, By Vehicle Type
7.7.3 Rest of LAMEA Automotive Seat Belt Market, By Distribution Channel
Chapter 8. Company Profiles
8.1 GWR Safety Systems
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Joyson Safety Systems Aschaffenburg GmbH
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 ZF Friedrichshafen AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Autoliv, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 SWOT Analysis
8.5 Hyundai Mobis Co., Ltd. (Hyundai Motor)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Robert Bosch GmbH
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Volvo Group
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Tokai Rika Co., Ltd.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 SWOT Analysis
8.9 Continental AG
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Holmbergs Safety System Holding AB
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 LAMEA Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 4 LAMEA Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 5 LAMEA Three-point Market, By Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Three-point Market, By Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Five-point Market, By Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Five-point Market, By Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 10 LAMEA Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 11 LAMEA Passenger Cars Market, By Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Passenger Cars Market, By Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Commercial Vehicles Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Commercial Vehicles Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 16 LAMEA Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 17 LAMEA OEM Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA OEM Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Aftermarket Market, By Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Aftermarket Market, By Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Automotive Seat Belt Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Automotive Seat Belt Market, By Country, 2023 - 2030, USD Million
TABLE 23 Brazil Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 24 Brazil Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 25 Brazil Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 26 Brazil Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 27 Brazil Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 28 Brazil Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 29 Brazil Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 30 Brazil Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 31 Argentina Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 32 Argentina Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 33 Argentina Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 34 Argentina Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 35 Argentina Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 36 Argentina Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 37 Argentina Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 38 Argentina Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 39 UAE Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 40 UAE Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 41 UAE Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 42 UAE Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 43 UAE Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 44 UAE Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 45 UAE Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 46 UAE Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 47 Saudi Arabia Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 48 Saudi Arabia Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 49 Saudi Arabia Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 50 Saudi Arabia Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 51 Saudi Arabia Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 55 South Africa Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 56 South Africa Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 57 South Africa Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 58 South Africa Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 59 South Africa Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 60 South Africa Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 61 South Africa Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 62 South Africa Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 63 Nigeria Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 64 Nigeria Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 65 Nigeria Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 66 Nigeria Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 67 Nigeria Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 68 Nigeria Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 69 Nigeria Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 70 Nigeria Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 71 Rest of LAMEA Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 72 Rest of LAMEA Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 73 Rest of LAMEA Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 74 Rest of LAMEA Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 79 Key Information – GWR Safety Systems
TABLE 80 Key Information – Joyson Safety Systems Aschaffenburg GmbH
TABLE 81 Key Information – ZF Friedrichshafen AG
TABLE 82 Key Information – Autoliv, Inc.
TABLE 83 Key Information – Hyundai Mobis Co., Ltd.
TABLE 84 Key Information – Robert Bosch GmbH
TABLE 85 key Information – Volvo Group
TABLE 86 Key Information – Tokai Rika Co., Ltd.
TABLE 87 Key Information – Continental AG
TABLE 88 Key Information – Holmbergs Safety System Holding AB
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Automotive Seat Belt Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Automotive Seat Belt Market
FIG 4 Porter’s Five Forces Analysis – Automotive Seat Belt Market
FIG 5 LAMEA Automotive Seat Belt Market share, By Type, 2022
FIG 6 LAMEA Automotive Seat Belt Market share, By Type, 2030
FIG 7 LAMEA Automotive Seat Belt Market, By Type, 2019 - 2030, USD Million
FIG 8 LAMEA Automotive Seat Belt Market share, By Vehicle Type, 2022
FIG 9 LAMEA Automotive Seat Belt Market share, By Vehicle Type, 2030
FIG 10 LAMEA Automotive Seat Belt Market, By Vehicle Type, 2019 - 2030, USD Million
FIG 11 LAMEA Automotive Seat Belt Market share, By Distribution Channel, 2022
FIG 12 LAMEA Automotive Seat Belt Market share, By Distribution Channel, 2030
FIG 13 LAMEA Automotive Seat Belt Market, By Distribution Channel, 2019 - 2030, USD Million
FIG 14 LAMEA Automotive Seat Belt Market share, By Country, 2022
FIG 15 LAMEA Automotive Seat Belt Market share, By Country, 2030
FIG 16 LAMEA Automotive Seat Belt Market, By Country, 2019 - 2030, USD Million
FIG 17 Swot Analysis: GWR Safety Systems
FIG 18 Swot Analysis: Joyson Safety Systems Aschaffenburg GmbH
FIG 19 Swot Analysis: ZF Friedrichshafen AG
FIG 20 Swot Analysis: Autoliv, Inc.
FIG 21 SWOT Analysis: Hyundai Mobis Co., Ltd.
FIG 22 SWOT Analysis: Robert Bosch GmbH
FIG 23 Swot Analysis: Volvo Group
FIG 24 Swot Analysis: Tokai Rika Co., Ltd.
FIG 25 SWOT Analysis: Continental AG
FIG 26 Swot Analysis: Holmbergs Safety System Holding AB