The Latin America, Middle East and Africa Smart Seat Belt Technology Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).
Owing to the rising rate of urbanization and the increase in the number of young, educated people, it is projected that the demand for vehicles and, consequently, automotive seatbelts would increase globally. Consumer views of automotive safety components have changed as emerging technologies encourage the development of new features that improve vehicle safety. Because of the increasing global car population and stringent driving laws, it is anticipated that automotive seat belt pretensioners will continue to sell well in the future.
One of the main safety features of every four-wheeler is the seatbelt. However, many appear to disregard this measure of security, endangering both their own and others' lives.’ IIS only permits the ignition of the vehicle when the seatbelts are fastened. The current "Seat Belt Retracting System" is upgraded with the addition of a magnetic encoder and a small magnet. The stretch of the seat belt is determined by the encoder, which also captures the rotation of the retraction gear. This allows for the regulation of the ignition process by detecting if seatbelts are fastened. Therefore, it is safe to assume that everyone who operates a four-wheeled vehicle is wearing a seat belt.
In the last few years, automotive sales in the MEA have steadily increased. Governments are pushing towards digitalization in the automobile sector and supporting programmes to educate the public about the advantages of integrated systems. The construction of 5G-based communications networks in the region's strong economies, like Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait, is anticipated to bolster the growth of the Middle East and Africa automotive ECU market.
The Brazil market dominated the LAMEA Smart Seat Belt Technology Market by Country in 2021; thereby, achieving a market value of $468.7 million by 2028. The Argentina market is poised to grow at a CAGR of 11% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 10.1% during (2022 - 2028).
Based on Propulsion, the market is segmented into ICE, Electric & Hybrid, and Alternate Fuel Vehicle. Based on Sales Channel, the market is segmented into Aftermarket and Original Equipment Manufacturer. Based on Vehicle Type, the market is segmented into Passenger Vehicles, Heavy Commercial Vehicles, and Light Commercial Vehicles. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smart Seat Belt Technology Market is Predict to reach $27.9 Billion by 2028, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autoliv, Inc., Continental AG, Denso Corporation, Tokai Rika Co., Ltd., ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd., GWR Safety Systems, ITW Automotive Products GmbH, Joyson Safety Systems Aschaffenburg GmbH, Yanfeng International Automotive Technology Co. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Active Seat Belt
- Active Buckle Lifter
- Intelligent Ignition System
- Attention Retention System (ARS)
By Propulsion
- ICE
- Electric & Hybrid
- Alternate Fuel Vehicle
By Sales Channel
- Aftermarket
- Original Equipment Manufacturer
By Vehicle Type
- Passenger Vehicles
- Heavy Commercial Vehicles
- Light Commercial Vehicles
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Autoliv, Inc.
- Continental AG
- Denso Corporation
- Tokai Rika Co., Ltd.
- ZF Friedrichshafen AG
- Hyundai Mobis Co., Ltd.
- GWR Safety Systems
- ITW Automotive Products GmbH
- Joyson Safety Systems Aschaffenburg GmbH
- Yanfeng International Automotive Technology Co. Ltd.
TABLE 1 LAMEA Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Active Seat Belt Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Active Seat Belt Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Active Buckle Lifter Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Active Buckle Lifter Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Intelligent Ignition System Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Intelligent Ignition System Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Attention Retention System (ARS) Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Attention Retention System (ARS) Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 14 LAMEA Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 15 LAMEA ICE Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA ICE Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Electric & Hybrid Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Electric & Hybrid Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Alternate Fuel Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Alternate Fuel Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 22 LAMEA Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 23 LAMEA Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Original Equipment Manufacturer Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Original Equipment Manufacturer Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 28 LAMEA Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 29 LAMEA Passenger Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Passenger Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Smart Seat Belt Technology Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Smart Seat Belt Technology Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 38 Brazil Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 39 Brazil Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 40 Brazil Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 41 Brazil Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 42 Brazil Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 43 Brazil Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 44 Brazil Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 45 Brazil Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 Brazil Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 Argentina Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 48 Argentina Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 49 Argentina Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 50 Argentina Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 51 Argentina Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 52 Argentina Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 53 Argentina Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 54 Argentina Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 55 Argentina Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 Argentina Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 UAE Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 58 UAE Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 59 UAE Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 60 UAE Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 61 UAE Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 62 UAE Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 63 UAE Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 64 UAE Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 65 UAE Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 UAE Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 South Africa Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 78 South Africa Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 79 South Africa Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 80 South Africa Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 81 South Africa Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 82 South Africa Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 83 South Africa Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 84 South Africa Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 85 South Africa Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 86 South Africa Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 87 Nigeria Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 88 Nigeria Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 89 Nigeria Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 90 Nigeria Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 91 Nigeria Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 92 Nigeria Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 93 Nigeria Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 94 Nigeria Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 95 Nigeria Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 96 Nigeria Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Smart Seat Belt Technology Market, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Smart Seat Belt Technology Market, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Smart Seat Belt Technology Market by Type, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Smart Seat Belt Technology Market by Type, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Smart Seat Belt Technology Market by Propulsion, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Smart Seat Belt Technology Market by Propulsion, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Smart Seat Belt Technology Market by Sales Channel, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Smart Seat Belt Technology Market by Sales Channel, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Smart Seat Belt Technology Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA Smart Seat Belt Technology Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 107 Key Information – Continental AG
TABLE 108 Key Information – Tokai Rika Co., Ltd.
TABLE 109 Key Information – ZF Friedrichshafen AG
TABLE 110 Key Information – Autoliv, Inc.
TABLE 111 key information – Denso Corporation
TABLE 112 Key Information – Hyundai Mobis Co., Ltd.
TABLE 113 Key Information – GWR Safety Systems
TABLE 114 Key Information – ITW Automotive Products GmbH
TABLE 115 Key Information – Joyson Safety Systems Aschaffenburg GmbH
TABLE 116 Key Information – Yanfeng International Automotive Technology Co. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Continental AG