Automotive active seat belt system market is to grow by USD 1,941.4 million from 2022 to 2027|Increasing demand for luxury vehicles to boost market growth

NEW YORK, July 29, 2023 /PRNewswire/ — The automotive active seat belt system market is estimated to grow by USD 1,941.4 million from 2022 to 2027, growing at a CAGR of 6.3%, according to Technavio. APAC is estimated to contribute 40% to the growth of the automotive active seat belt system market during the forecast period. The market in the region is growing due to rising demand for commercial vehicles in countries such as China, Japan, South Korea, and India. In addition,…