Jay Mangade's blog : Global Vehicle ISOFIX Anchorage Market: Industry Analysis and Forecast 2020 -2026
Global Vehicle ISOFIX Anchorage Market is anticipated to reach US$ XX Mn by 2026 from US$ XX Mn in 2020 at a CAGR of 6% during a forecast period.
Global Vehicle ISOFIX Anchorage Market Overview
Vehicle ISOFIX Anchorage is the component of the child restraint system (CRS) that holds the child’s seats in a vehicle. The child without CRS may get injured during a collision or acceleration & deceleration of a vehicle, which can be avoided by installing child restraint systems. Thus ISOFIX anchorages are intended to prevent the ejection of the child seat mounted in a vehicle.
The government regulations to install safety features for the child occupant have made automakers invest in child restraint systems. This increase in the installation of child restraint systems is expected to drive the growth of the vehicle ISOFIX anchorage market during the forecast period.
The report covers the detailed analysis of the global vehicle ISOFIX anchorage industry with the classifications of the market on the basis of child restraint system (CRS) type, technology and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
Global Vehicle ISOFIX Anchorage Market
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The report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. The manufacturing environment in each region is different and focus is given to the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
Global Vehicle ISOFIX Anchorage Market Dynamics
The government’s regulations to mandate the installation of ISOFIX anchorage in a vehicle is boosting the vehicle ISOFIX anchorage market globally. The United Nations Economic Commission for Europe (UNECE) made it mandatory to install “i-Size” regulation for the safety of the child who is driving the vehicle ISOFIX anchorage market in the region.
According the study 60% of injuries are caused to vehicle drivers and front-seat passengers not wearing seatbelts. This has propelled the vehicle ISOFIX anchorage market to grow globally. Similarly increase in demand for advanced features, rise in the standard of living, increasing purchasing power capacity, rise in per capita income of individuals, increasing industrialization, changing way of life and high disposable income are some of the factors for the growth of the vehicle ISOFIX anchorage market globally. The growing interest of consumers towards safety, premium, luxury and comfortable vehicles is expected to drive the growth of the vehicle ISOFIX anchorage market during the forecast period.
Global Vehicle ISOFIX Anchorage Market Segmentation Analysis
By Child Restraint System (CRS) Type, the vehicle ISOFIX anchorage is segmented into forward-facing CRS and backwards facing CRS. The backwards-facing CRS is dominating the vehicle ISOFIX anchorage market as Rear impacts appear to be low risk for children, even those in RF CRS. Where backwards-facing CRS holds 25.4% of impact in case of collision, which is very less than the forward-facing CRS. Thus backwards-facing CRS was valued at US$ XX Mn in 2019 and is estimated to reach US$ XX Mn by 2026 at a CAGR of XX% during the forecast period.
Global Vehicle ISOFIX Anchorage Market
Global Vehicle ISOFIX Anchorage Market
By Technology, the vehicle ISOFIX anchorage is segmented into digressive load limiters, progressive load limiters, and adaptive load limiters. Among these, The digressive load limiters segment holds a major share of the vehicle ISOFIX anchorage market, as it gradually reduces the load or force exerted on the occupant.
Also, it maintains the slackness or tightness of the vehicle ISOFIX anchorage and prevents it from applying excess pressure. Most manufacturers are preferring the integration of belt tightness and load limiter in the seat belt unit to reduce the impact of a collision.
The legislation enacted by governments, UN regulations, EU Standards on Vehicle Safety by European Transport Safety Council, and safety regulation by SIAM India made automakers increase safety standards of their vehicle for all vehicle occupants. This boosts the manufacturers to implement ISOFIX anchorage in their vehicles, which in turn is expected to drive the growth of the vehicle ISOFIX anchorage market during the forecast period.
similarly increasing product demand, growing disposable incomes, innovative products, raw material affluence, and changing consumption technologies are driving the vehicle ISOFIX anchorage market to grow globally. The developing countries such as India, China, Malaysia, Thailand, and South Korea in the Asia Pacific are anticipated to expand the vehicle ISOFIX anchorage market due to the technological advancements, expansion in road infrastructure, and economic development.
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Global Vehicle ISOFIX Anchorage Market Scope: Inquire before buying
Global Vehicle ISOFIX Anchorage Market
Global Vehicle ISOFIX Anchorage Market by Region:
• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Vehicle ISOFIX Anchorage Market Key Players
• WEIXIANG
• KKMOON
• ESPEEDER
• Autoleader
• SPEEDWOW
• Far Europe Inc
• APV Safety Products
• Autoliv Inc
• Belt-tech, BERGER GROUP
• Continental AG
• DENSO Corporation
• Far Europe Inc
• Goradia Industries
• GWR Co
• Joyson Safety Systems
• Robert Bosch GmbH
• Seatbelt Solutions LLC
• TOKAIRIKA,CO, LTD
• ZF Friedrichshafen AG
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