North America Smart Seat Belt Technology Market

North America Smart Seat Belt Technology Market Size, Share & Industry Trends Analysis Report By Propulsion, By Sales Channel (Aftermarket and Original Equipment Manufacturer), By Vehicle Type, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11595 Publication Date: September-2022 Number of Pages: 78
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Market Report Description

The North America Smart Seat Belt Technology Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).

The motorist drowses and drifts off the road, especially on lengthy nights out. These are among the main causes of nighttime traffic accidents. This issue is resolved by ARS. In front of the driver is a tiny camera module connected to a processing board. The camera records footage in real-time. The processing boards determine how long the eyes are shut throughout a blink by utilizing the appropriate image processing algorithms.

The driver is becoming drowsy if the time 't' grows. Following the detection, the seat and the seat belt's small vibration motors shake to warn the driver. A buzzer is activated if the detection happens too frequently, signalling that the driver has to take a break before continuing to drive. This system keeps track of the mechanical, physiological activities connected to the heart cycle and breathing. A non-intrusive driver breathing and heart activity measuring device that is integrated into a car's seat cover and safety belt is the suggested solution.

In the United States, a critical mass of enterprises, engineers, inventors, and entrepreneurs are concurrently competing and developing innovation, which typically leads to automotive industry advancements. Michigan is not just the nation's premier site for automotive R&D, but also the historic manufacturing centre for the automobile industry. There are more than 330 automotive R&D enterprises in the state, which really is home to nine of the top ten manufacturers in the globe.

The US market dominated the North America Smart Seat Belt Technology Market by Country in 2021; thereby, achieving a market value of $6.0 billion by 2028. The Canada market is exhibiting a CAGR of 8.5% during (2022 - 2028). Additionally, The Mexico market is experiencing a CAGR of 7.6% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Smart Seat Belt Technology Market is Estimated 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

  • US
  • Canada
  • Mexico
  • Rest of North America

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.
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