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US$12bn Car Safety Market to Grow as Firestone Sparks Rollover Protection Frenzy - just-auto.com Forecasts Car Safety to 2010

19 December 2000

US$12bn Car Safety Market to Grow as Firestone Sparks Rollover Protection Frenzy - just-auto.com Forecasts Car Safety to 2010

    LONDON, Dec. 19 http://www.just-auto.com -- Since 1993,
the global vehicle occupant restraint market has grown by an average rate of
12% each year.  The growth is linked to the ongoing drive to find safer
restraint technology.  Smart airbags that last two inflations, anticipatory
crash sensors, rollover protection, including curtain airbags and low-level
airbags to protect the knees are the latest devices.
    A summary of the exclusive just-auto.com report, 'Global market for
airbags and seatbelts: Forecasts to 2010', at
http://just-auto.com/store/products_detail.asp?art=10813, says that the
Firestone tyre recall earlier in the year increased attention of the
fatalities of rollover accidents and has increased uptake on the new safety
systems.
    Indeed, 70% more is spent on car safety today than seven years ago, a
figure that is expected to grow by a further 5% annually as carmakers fit more
safety features as standard and others such as inflatable seatbelts as extras.
    Other issues covered in the report include the future of the smaller
safety manufacturers and challenges such as pedestrian friendly cars with
external airbags.
    'Global market for airbags and seatbelts: Forecasts to 2010' reviews key
market events for airbags and seatbelts, provides future analysis on product
trends and fitment levels for airbags.
    just-auto.com is the premier online portal for automotive industry
professionals worldwide.  Targeted specifically at industry and business
professionals, the site provides a single point of reference for independent
automotive industry information.