Lucintel's latest market report analyzed that automotive seat belt pretensioner provides attractive opportunities in the passenger car and commercial vehicle markets. The automotive seat belt pretensioner market is expected to reach $XX billion by 2028 with a CAGR of 7% to 9%. In this market, retractor pretensioner is the largest segment by technology, whereas passenger cars is largest by vehicle type.
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Based on technology, the automotive seat belt pretensioner market is segmented into retractor pretensioner and buckle pretensioner. The retractor pretensioner segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due as manufacturers are opting to install pretensioners in combination with retractors, as these pretensioners installed with retractors delivers a higher retraction force to hold the occupant firmly on the seat.
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The Automotive Seat Belt PretensionerMarket is marked by the presence of several big and small players. Some of the prominent players offering automotive seat belt pretensioner include Ashimori Industry, Autoliv., General Motors, Goradia Industries, Guangzhou Fuxin Auto Parts., Hyundai Motor, Iron Force Industrial, ITW Automotive Products, Joyson Safety Systems Aschaffenburg, Tech Mahindra, Tokai Rika., and ZF Friedrichshafen.
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