The North America Automotive Seat Belt Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030).
The automotive industry endorses accelerated safety feature advancements. The primary objective of implementing these features is to enhance transportation's comfort, safety, and efficiency. Seat belts are an integral component of automobiles. Seat belts are designed to protect drivers from injury in an accident. Automotive seat belts minimize contact between occupants and the vehicle, reducing the risk of the driver being propelled out of the vehicle in an accident. It assists passengers in maintaining their posture, particularly during sharp turns.
Rising automobile sales and production, as well as increasing consumer disposable income, are the primary forces propelling the development of the market. However, fluctuations in commodity prices may moderate the growth of the market.
The market is propelled by the rising demand for luxury automobiles and the growing use of advanced technology-inflated seat belts in developed and developing countries. These seat belts function as mini-airbags and protect rear-seat passengers from front-seat-related head injuries in the event of an accident. In addition, they serve as a cushion for bones of adults and children, preventing the collar bones from fracturing or cracking. Due to rising demand for inflated seat belts in passenger cars, particularly luxury vehicles, the market is expected to grow during the forecast period.
Canada has comprehensive seat belt laws requiring all vehicle occupants to wear seat belts. These laws mandate seat belt usage for front and rear-seat passengers, regardless of age or vehicle type. Canadian law enforcement agencies actively enforce seat belt laws. Violators can face fines and penalties, and law enforcement officers are authorized to stop vehicles solely for seat belt violations, which is a strong deterrent. This level of enforcement encourages consistent seat belt usage. Due to the above-mentioned factors, the market will expand significantly in this region.
The US market dominated the North America Automotive Seat Belt Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,850.9 Million by 2030. The Canada market is experiencing a CAGR of 8.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Automotive Seat Belt Market is Predict to reach $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- US
- Canada
- Mexico
- Rest of North America
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 North America Automotive Seat Belt Market, by Type
1.4.2 North America Automotive Seat Belt Market, by Vehicle Type
1.4.3 North America Automotive Seat Belt Market, by Distribution Channel
1.4.4 North America 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. North America Automotive Seat Belt Market, By Type
4.1 North America Three-point Market, By Country
4.2 North America Five-point Market, By Country
Chapter 5. North America Automotive Seat Belt Market, By Vehicle Type
5.1 North America Passenger Cars Market, By Country
5.2 North America Commercial Vehicles Market, By Country
Chapter 6. North America Automotive Seat Belt Market, By Distribution Channel
6.1 North America OEM Market, By Country
6.2 North America Aftermarket Market, By Country
Chapter 7. North America Automotive Seat Belt Market, By Country
7.1 US Automotive Seat Belt Market
7.1.1 US Automotive Seat Belt Market, By Type
7.1.2 US Automotive Seat Belt Market, By Vehicle Type
7.1.3 US Automotive Seat Belt Market, By Distribution Channel
7.2 Canada Automotive Seat Belt Market
7.2.1 Canada Automotive Seat Belt Market, By Type
7.2.2 Canada Automotive Seat Belt Market, By Vehicle Type
7.2.3 Canada Automotive Seat Belt Market, By Distribution Channel
7.3 Mexico Automotive Seat Belt Market
7.3.1 Mexico Automotive Seat Belt Market, By Type
7.3.2 Mexico Automotive Seat Belt Market, By Vehicle Type
7.3.3 Mexico Automotive Seat Belt Market, By Distribution Channel
7.4 Rest of North America Automotive Seat Belt Market
7.4.1 Rest of North America Automotive Seat Belt Market, By Type
7.4.2 Rest of North America Automotive Seat Belt Market, By Vehicle Type
7.4.3 Rest of North America 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 North America Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 2 North America Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 3 North America Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 4 North America Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 5 North America Three-point Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Three-point Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Five-point Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Five-point Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 10 North America Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 11 North America Passenger Cars Market, By Country, 2019 - 2022, USD Million
TABLE 12 North America Passenger Cars Market, By Country, 2023 - 2030, USD Million
TABLE 13 North America Commercial Vehicles Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Commercial Vehicles Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 16 North America Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 17 North America OEM Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America OEM Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America Aftermarket Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America Aftermarket Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Automotive Seat Belt Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Automotive Seat Belt Market, By Country, 2023 - 2030, USD Million
TABLE 23 US Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 24 US Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 25 US Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 26 US Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 27 US Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 28 US Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 29 US Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 30 US Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 31 Canada Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 32 Canada Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 33 Canada Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 34 Canada Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 35 Canada Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 36 Canada Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 37 Canada Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 38 Canada Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 39 Mexico Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 40 Mexico Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 41 Mexico Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 42 Mexico Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 43 Mexico Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 44 Mexico Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 45 Mexico Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 46 Mexico Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 47 Rest of North America Automotive Seat Belt Market, 2019 - 2022, USD Million
TABLE 48 Rest of North America Automotive Seat Belt Market, 2023 - 2030, USD Million
TABLE 49 Rest of North America Automotive Seat Belt Market, By Type, 2019 - 2022, USD Million
TABLE 50 Rest of North America Automotive Seat Belt Market, By Type, 2023 - 2030, USD Million
TABLE 51 Rest of North America Automotive Seat Belt Market, By Vehicle Type, 2019 - 2022, USD Million
TABLE 52 Rest of North America Automotive Seat Belt Market, By Vehicle Type, 2023 - 2030, USD Million
TABLE 53 Rest of North America Automotive Seat Belt Market, By Distribution Channel, 2019 - 2022, USD Million
TABLE 54 Rest of North America Automotive Seat Belt Market, By Distribution Channel, 2023 - 2030, USD Million
TABLE 55 Key Information – GWR Safety Systems
TABLE 56 Key Information – Joyson Safety Systems Aschaffenburg GmbH
TABLE 57 Key Information – ZF Friedrichshafen AG
TABLE 58 Key Information – Autoliv, Inc.
TABLE 59 Key Information – Hyundai Mobis Co., Ltd.
TABLE 60 Key Information – Robert Bosch GmbH
TABLE 61 key Information – Volvo Group
TABLE 62 Key Information – Tokai Rika Co., Ltd.
TABLE 63 Key Information – Continental AG
TABLE 64 Key Information – Holmbergs Safety System Holding AB
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Automotive Seat Belt Market share, By Type, 2022
FIG 6 North America Automotive Seat Belt Market share, By Type, 2030
FIG 7 North America Automotive Seat Belt Market, By Type, 2019 - 2030, USD Million
FIG 8 North America Automotive Seat Belt Market share, By Vehicle Type, 2022
FIG 9 North America Automotive Seat Belt Market share, By Vehicle Type, 2030
FIG 10 North America Automotive Seat Belt Market, By Vehicle Type, 2019- 2030, USD Million
FIG 11 North America Automotive Seat Belt Market share, By Distribution Channel, 2022
FIG 12 North America Automotive Seat Belt Market share, By Distribution Channel, 2030
FIG 13 North America Automotive Seat Belt Market, By Distribution Channel, 2019 - 2030, USD Million
FIG 14 North America Automotive Seat Belt Market share, By Country, 2022
FIG 15 North America Automotive Seat Belt Market share, By Country, 2030
FIG 16 North America 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