Global Automotive Seat Belt Pretensioner Market Outlook, 2019-2020 & 2027: Rise in the Number of Accidents and Government Initiatives Propelling the Growth of the Market
Share this article Share this article ResearchAndMarkets.com's offering. Global Automotive Seat Belt Pretensioner market accounted for $3.07 billion in 2019 and is expected to reach $6.17 billion by 2027 growing at a CAGR of 9.1% during the forecast period. Growing sales of luxury vehicles and rising safety concerns as a result of the rise in the number of accidents and government initiatives are some of the factors propelling the growth of the market. However, high cost and low disposable incomes in underdeveloped economies are hampering the growth of the market. A seat belt pretensioner i...