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2 Point Seat Belts Market by Component (Webbing Strap, Retractors, Buckles, Tongues, and Pillar Loops), By Application (Passenger Vehicles, and Commercial Vehicles), By Distribution Channel (OEM, and Aftermarket), and By Geography (North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa) – Size, Growth, Trends, and Forecast (2021 – 2027)

Publication Month: Jan 2020 | No. of Pages: 138 Published By: Reports Intellect
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The global 2 Point Seat Belts Market is estimated to reach $ XX Billion by 2027; growing at a CAGR of 5.2% from 2021 to 2027.

A 2-point seat belt has two fitting positions, one on each side of the seat belt. It is also generally known as a lap belt, mounted mostly at the lower waist. A 2-point type of belt is most common in the middle rear passenger seat of conventional cars. These lap seat belts will fit in abundant applications with fewer or no modifications to your vehicle. A current choice for a vehicle of any category is a 2-point non-retractable lap belt. These seat belts fit practically in any vehicle and any rider. They are quick safety belts that do not roll up into a retractor. A 2-point seat belt is also popular a popular choice because of their economical range. These convenient lap belts are as affordable as they are safe, making them good preferences for temporary or permanent replacements. Growing number of road accidents globally drives the 2-point seat belts market. For instance, according to the National Highway Traffic Safety Administration report 2019, out of the 22,215 passenger vehicle occupants killed in 2019, 47% were not wearing seat belts.

Global 2 Point Seat Belts Market Scope

Market Report Coverage – 2 Point Seat Belts Market

Market Size in 2019

USD XX Billion

Base Year

2021

Value Projection and Estimation by 2027

USD XX Billion

Historical Years

2016 - 2020

Forecast Period

2021 – 2027

CAGR during Forecast Period

  

Market Segmentation
  • By Component: Webbing Strap, Retractors, Buckles, Tongues, and Pillar Loops
  • By Application: Passenger Vehicles, Commercial Vehicles
  • Distribution Channel: OEM, and Aftermarket
  • By Region: North America, Europe, APAC, Latin America, and The Middle East & Africa

Key Players

AB Volvo, Autoliv Inc., BK Seat Belt, Continental AG, Robert Bosch GmbH, Denso Corporation, Key Safety Systems Inc., Goradia Industries, GWR Co., Hyundai Mobis, Joyson Safety Systems, Ningbo BX Automotive Co., Ltd., Ashimori Industry Co., Ltd., Takata Corporation, TOYODA GOSEI Co., Ltd., Tokai Rika Co., Ltd., ZF TRW Automotive, Inc., and others.

 

Market Segmentation

The global 2 Point Seat Belts market is segmented based on component, application, distribution channel, and region. Based on the component segment, the market splits into webbing strap, retractors, buckles, tongues, and pillar loops. By application, the segmentation bifurcates into passenger vehicles, and commercial vehicles. The distribution channel segment is further sub-segmented into the OEM, and aftermarket.

Regional Analysis

Based on geography, the global 2 Point Seat Belts market splits into North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa. The United States and Canada are segmented under North America, whereas Europe covers the United Kingdom, France, Italy, Germany, and remaining Europe. Asia-Pacific region covers India, Japan, South Korea, China, and the other APAC countries. Latin America region classifies into Brazil, Mexico, and the Rest of Latin America. Moreover, GCC countries, South Africa, and the remaining Middle East and Africa are segments of the ME&A.

Among all the regions, Asia-Pacific occupied the majority of the market share, accounting for 45%. The growth drives by the rising vehicle sales, and ongoing initiatives by government organizations to spread awareness regarding vehicle safety. Besides, the growing number of accidents in countries like India and China is also likely to boost the APAC market growth. As per the Road Accident Report for 2019, a total number of 449,002 accidents took place in the country during the calendar year 2019leading to 151,113 deaths and 451,361 injuries. Moreover, according to the WHO, the South-East Asia Region contributes 25% of the total global road traffic deaths.

North America stood for the second position in the regional market. The high growth in the region is due to the stringent government regulations towards the safety of passengers, and growing preference of people for high-end vehicles. Additionally, Europe is expected to witness noteworthy growth in the coming years, owing to string guidelines for the installation of seat belts in every vehicle, growing production of vehicles, and growing R&D activities for better safety systems in vehicles.

Market Dynamics

Drivers

  • High occurrence of road fatalities
  • Government initiatives to promote the significance of seat belts
  • Increasing production of vehicles

Restraints/Challenges

  • High maintenance and operating costs
  • Lack of awareness in emerging economies

Opportunities

  • Technological advancements in seat belts
  • Rising commercial vehicles demand

Global 2 Point Seat Belts Market Insights

  • Based on components, the retractors accounted for the majority of the share in 2019, owing to the robust demand for products such as automatic locking retractor (ALR), and emergency locking retractor (ELR).
  • The webbing strap is witnessing the fastest growth rate during the forecast period 2021 – 2027, owing to the growing adoption of it to restrict the body movement of the passenger upon impact during a collision.
  • The passenger vehicles segment generated the highest revenue in 2019, due to heavy launches of passenger vehicle models by manufacturers globally. However, the commercial Vehicles sub-segment witnessed the fastest CAGR during the forecast period.
  • The aftermarket distribution channel segment accounted for the bulk of the share in 2019, owing to the replacement. Moreover, the development of a cost-effective product portfolio is also expected to drive the segment.

Scope of the Global 2 Point Seat Belts Market

Component Segments

  • Webbing Strap
  • Retractors
  • Buckles
  • Tongues
  • Pillar Loops

Application Segments

  • Passenger Vehicles
  • Commercial Vehicles
    • Agriculture
    • Construction Machines
    • Bus & Coach
      • Coach/Motor Coach
      • School Bus
      • Shuttle Bus
      • Mini Bus
      • Other
    • ATVs
    • Crew Cabs
    • Fire Engine
    • Ambulances
    • Motorhomes
    • Airplanes
    • Fork Lift Trucks
    • Troop Transporters
    • Other Commercial Vehicles

Distribution Channel Segments

  • OEM
  • Aftermarket

Geographical Segments

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • GCC countries
    • South Africa
    • Rest of the Middle East and Africa

Key Players

  • AB Volvo
  • Autoliv Inc.
  • BK Seat Belt
  • Continental AG
  • Robert Bosch GmbH
  • Denso Corporation
  • Goradia Industries
  • GWR Co.
  • Hyundai Mobis
  • Joyson Safety Systems
  • Key Safety Systems Inc.
  • Lifeguard Ambulance Service LLC
  • Ningbo BX Automotive Co., Ltd.
  • Takata Corporation
  • TOYODA GOSEI Co., Ltd.
  • Tokai Rika Co., Ltd.
  • ZF TRW Automotive, Inc.

Note: Our analysts are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries.

2-point Seat Belts Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2027
TABLE OF CONTENTS
Chapter 1 Executive Summary
1.1 Introduction of 2-point Seat Belts
1.2 Global 2-point Seat Belts Market, 2021 & 2027 (USD Billion)
1.3 Global 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
1.4 Global 2-point Seat Belts Market Absolute Revenue Opportunity, 2016 – 2027 (USD Billion)
1.5 Global 2-point Seat Belts Market Incremental Revenue Opportunity, 2021 – 2027 (USD Billion)
Chapter 2 COVID-19 Impacts on 2-point Seat Belts Market
2.1 Impact on Industry Upstream
2.2 Impact on Industry Downstream
2.3 Impact on Industry Channels
2.4 Impact on Industry Competition
2.5 Impact on Industry Employment
Chapter 3 2-point Seat Belts Market – Component Analysis
3.1 Global 2-point Seat Belts Market – Component Overview
3.2 Global 2-point Seat Belts Market Share, by Component, 2021 & 2027 (USD Billion)
3.3 Webbing Strap
3.3.1 Global Webbing Strap 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
3.4 Retractors
3.4.1 Global Retractors 2-point Sseat Belts Market, 2016 – 2027 (USD Billion)
3.5 Buckles
3.5.1 Global Buckles 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
3.6 Tongues
3.6.1 Global Tongues 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
3.7 Pillar Loops
3.7.1 Global Pillar Loops 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
Chapter 4 2-point Seat Belts Market – Application Analysis
4.1 Global 2-point Seat Belts Market – Application Overview
4.2 Global 2-point Seat Belts Market Share, by Application, 2021 & 2027 (USD Billion)
4.3 Passenger Vehicles
4.3.1 Global Passenger Vehicles Market, 2016 – 2027 (USD Billion)
4.4 Commercial Vehicles
4.4.1 Global Commercial Vehicles Market, 2016 – 2027 (USD Billion)
4.4.2 Agriculture
4.4.3 Construction Machines
4.4.4 Bus & Coach
4.4.4.1 Coach/Motor Coach
4.4.4.2 School Bus
4.4.4.3 Shuttle Bus
4.4.4.4 Mini Bus
4.4.4.5 Others
4.4.5 ATVs
4.4.6 Crew Cabs
4.4.7 Fire Engines
4.4.8 Ambulances
4.4.9 Motorhomes
4.4.10 Airplanes
4.4.11 Fork Lift Trucks
4.4.12 Troop Transporters
4.4.13 Other Commercial Vehicles
Chapter 5 2-point Seat Belts Market – Distribution Channel Analysis
5.1 Global 2-point Seat Belts Market – Distribution Channel Overview
5.2 Global 2-point Seat Belts Market Share, by Distribution Channel, 2021 & 2027 (USD Billion)
5.3 OEM
5.3.1 Global OEM 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
5.4 Aftermarket
5.4.1 Global Aftermarket 2-point Seat Belts Market, 2016 – 2027 (USD Billion)

Chapter 6 2-point Seat Belts Market – Regional Analysis
6.1 Global 2-point Seat Belts Market Regional Overview
6.2 Global 2-point Seat Belts Market Share, by Region, 2021 & 2027 (USD Billion)
6.3 North America
6.3.1 North America 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
6.3.1.1 North America 2-point Seat Belts Market, by Country, 2016 - 2026 (USD Billion)
6.3.2 North America 2-point Seat Belts Market, by Component 2016 – 2027
6.3.2.1 North America 2-point Seat Belts Market, by Component, 2016 – 2027 (USD Billion)
6.3.3 North America 2-point Seat Belts Market, by Distribution Channel 2016 – 2027
6.3.3.1 North America 2-point Seat Belts Market, by Distribution Channel, 2016 – 2027 (USD Billion)
6.3.3.2
6.3.4 North America 2-point Seat Belts Market, by Application 2016 – 2027
6.3.4.1 North America 2-point Seat Belts Market, by Application, 2016 - 2026
6.3.5 U.S.
6.3.5.1 U.S. 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.3.6 Canada
6.3.6.1 Canada 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.4 Europe
6.4.1 Europe 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
6.4.1.1 Europe 2-point Seat Belts Market, by Country, 2016 - 2026 (USD Billion)
6.4.2 Europe 2-point Seat Belts Market, by Component 2016 – 2027
6.4.2.1 Europe 2-point Seat Belts Market, by Component, 2016 – 2027 (USD Billion)
6.4.3 Europe 2-point Seat Belts Market, by Distribution Channel 2016 – 2027
6.4.3.1 Europe 2-point Seat Belts Market, by Distribution Channel, 2016 – 2027 (USD Billion)
6.4.3.2
6.4.4 Europe 2-point Seat Belts Market, by Application 2016 – 2027
6.4.4.1 Europe 2-point Seat Belts Market, by Application, 2016 - 2026
6.4.5 Germany
6.4.5.1 Germany 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.4.6 France
6.4.6.1 France 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.4.7 U.K.
6.4.7.1 U.K. 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.4.8 Italy
6.4.8.1 Italy 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.4.9 Spain
6.4.9.1 Spain 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.4.10 Rest of Europe
6.4.10.1 Rest of Europe 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.5 Asia-Pacific
6.5.1 Asia-Pacific 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
6.5.1.1 Asia-Pacific 2-point Seat Belts Market, by Country, 2016 - 2026 (USD Billion)
6.5.2 Asia-Pacific 2-point Seat Belts Market, by Component 2016 – 2027
6.5.2.1 Asia-Pacific 2-point Seat Belts Market, by Component, 2016 – 2027 (USD Billion)
6.5.3 Asia-Pacific 2-point Seat Belts Market, by Distribution Channel 2016 – 2027
6.5.3.1 Asia-Pacific 2-point Seat Belts Market, by Distribution Channel, 2016 – 2027 (USD Billion)
6.5.4 Asia-Pacific 2-point Seat Belts Market, by Application 2016 – 2027
6.5.4.1 Asia-Pacific 2-point Seat Belts Market, by Application, 2016 - 2026
6.5.5 China
6.5.5.1 China 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.5.6 Japan
6.5.6.1 Japan 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.5.7 India
6.5.7.1 India 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.5.8 South Korea
6.5.8.1 South Korea 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.5.9 South East Asia
6.5.9.1 South East Asia 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.5.10 Rest of Asia-Pacific
6.5.10.1 Rest of Asia-Pacific 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.6 Latin America
6.6.1 Latin America 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
6.6.1.1 Latin America 2-point Seat Belts Market, by Country, 2016 - 2026 (USD Billion)
6.6.2 Latin America 2-point Seat Belts Market, by Component 2016 – 2027
6.6.2.1 Latin America 2-point Seat Belts Market, by Component, 2016 – 2027 (USD Billion)
6.6.3 Latin America 2-point Seat Belts Market, by Distribution Channel 2016 – 2027
6.6.3.1 Latin America 2-point Seat Belts Market, by Distribution Channel, 2016 - 2026
6.6.4 Latin America 2-point Seat Belts Market, by User 2016 – 2027
6.6.4.1 Latin America 2-point Seat Belts Market, by User, 2016 - 2026
6.6.5 Brazil
6.6.5.1 Brazil 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.6.6 Mexico
6.6.6.1 Mexico 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.6.7 Rest of Latin America
6.6.7.1 Rest of Latin America 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.7 The Middle East & Africa
6.7.1 The Middle East & Africa 2-point Seat Belts Market, 2016 – 2027 (USD Billion)
6.7.1.1 The Middle East & Africa 2-point Seat Belts Market, by Country, 2016 - 2026 (USD Billion)
6.7.2 The Middle East & Africa 2-point Seat Belts Market, by Component 2016 – 2027
6.7.2.1 The Middle East & Africa 2-point Seat Belts Market, by Component, 2016 – 2027 (USD Billion)
6.7.3 The Middle East & Africa 2-point Seat Belts Market, by Distribution Channel 2016 – 2027
6.7.3.1 The Middle East & Africa 2-point Seat Belts Market, by Distribution Channel, 2016 – 2027 (USD Billion)
6.7.4 The Middle East & Africa 2-point Seat Belts Market, by User 2016 – 2027
6.7.4.1 The Middle East & Africa 2-point Seat Belts Market, by User, 2016 - 2026
6.7.5 GCC Countries
6.7.5.1 GCC Countries 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.7.6 South Africa
6.7.6.1 South Africa 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
6.7.7 Rest of Middle East & Africa
6.7.7.1 Rest of Middle East & Africa 2-point Seat Belts Market, 2016 - 2026 (USD Billion)
Chapter 7 2-point Seat Belts Market – Competitive Landscape
7.1 Competitor Market Share – Revenue
7.2 Market Concentration Rate Analysis, Top 3 and Top 5 Players
7.3 Strategic Developments
7.3.1 Acquisitions and Mergers
7.3.2 New Products
7.3.3 Research & Development Activities
Chapter 8 Company Profiles
8.1 AB Volvo
8.1.1 Company Profile
8.1.2 Product/Service Portfolio
8.1.3 AB Volvo Sales, Revenue, and Gross Margin
8.1.4 AB Volvo Revenue and Growth Rate
8.1.5 AB Volvo Market Share
8.1.6 Recent Initiatives, Funding/VC Activities, and Technological Innovations
8.2 Autoliv Inc.
8.3 BK Seat Belt
8.4 Continental AG
8.5 Robert Bosch GmbH
8.6 Denso Corporation
8.7 Key Safety Systems Inc.
8.8 Goradia Industries
8.9 GWR Co.
8.10 Hyundai Mobis
8.11 Joyson Safety Systems
8.12 Ningbo BX Automotive Co., Ltd.
8.13 Ashimori Industry Co., Ltd.
8.14 Takata Corporation
8.15 TOYODA GOSEI Co., Ltd.
8.16 Tokai Rika Co., Ltd.
8.17 ZF TRW Automotive, Inc.
Chapter 9 2-point Seat Belts — Industry Analysis
9.1 Introduction and Taxonomy
9.2 2-point Seat Belts Market – Key Trends
9.2.1 Market Drivers
9.2.2 Market Restraints
9.2.3 Market Opportunities
9.3 Value Chain Analysis
9.4 Key Mandates and Regulations
9.5 Technology Roadmap and Timeline
9.6 2-point Seat Belts Market – Attractiveness Analysis
9.6.1 By Component
9.6.2 By Distribution Channel
9.6.3 By Application
9.6.4 By Region
10
Chapter 10 Industrial Chain, Sourcing Strategy, and Downstream Buyers
10.1 2-point Seat Belts Industrial Chain Analysis
10.2 Downstream Buyers
10.3 Distributors/Traders List
11
Chapter 11 Marketing Strategy Analysis
11.1 Marketing Channel
11.2 Direct Marketing
11.3 Indirect Marketing
11.4 Marketing Channel Development Trends
11.5 Economic/Political Environmental Change
12
Chapter 12 Report Conclusion & Key Insights
12.1 Key Insights from Primary Interviews & Surveys Respondents
12.2 Key Takeaways from Analysts, Consultants, and Industry Leaders
13
Chapter 13 Research Approach & Methodology
13.1 Report Description
13.2 Research Scope
13.3 Research Methodology
13.3.1 Secondary Research
13.3.2 Primary Research
13.3.3 Statistical Models
13.3.3.1 Company Share Analysis Model
13.3.3.2 Revenue Based Modeling
13.3.4 Research Limitations

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