Top ICE & BEV Seatbelt Material Companies

The BEV seatbelt material market is projected to grow from 96.52 megatons in 2025 to 248.97 megatons in 2032 at a CAGR of 14.5%. The increasing safety regulations globally, new active safety offerings by the automakers, and the use of sustainable materials are driving the seatbelt material market.

The seatbelt material market is consolidated, and the top five players contribute more than 65%. Autoliv (Sweden), Holmbergs Safety System Holding AB (Sweden), Ashimori Industry Co. Ltd. (Japan), Joyson Safety Systems (US), and ZF Friedrichshafen AG (Germany) are the prominent players in the market.

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The three most popular strategies used by big players between 2022 and 2025 have been joint venture, partnership, and product development. These strategies allowed them to expand their clientele and reinvent their product offerings.

Autoliv is the top player for the automotive safety supplier, dominating the seatbelt market with a 45% market share in 2024 globally, according to its annual revenue. The company has a broader product portfolio, which includes advanced seatbelt systems such as retractors, pretensioners, load limiters, and the innovative Pre-pretensioner Mechatronic Integration (PPMI) for enhanced occupant positioning and crash responsiveness. The company supplies seatbelts to all major automotive OEMs such as Volkswagen, BMW, and Renault and domestic Chinese manufacturers like Geely and BYD. The company manufactures two types of seatbelts, two- and three-point seatbelt systems, for all vehicle types. Moreover, the company is actively investing in developing sustainable products in seatbelts for vehicles to reduce the carbon footprint of automotive safety components, which will be aligned with sustainability and compliance with upcoming life cycle assessment (LCA) requirements in Europe. For instance, in January 2025, Autoliv and SSAB (Sweden) partnered to develop a 3D-printed seatbelt tongue made from fossil-free steel.

Joyson Safety Systems is a prominent player in automotive safety solutions that specializes in the manufacturing of seatbelts, airbags, and integrated safety systems. The company’s seatbelt portfolio includes emergency locking retractors and pyrotechnic/electric pretensioners. The company is actively partnering with OEMs to supply seatbelts for the automotive sector. For instance, in November 2024, Joyson Safety Systems, Brose, and Brose Sitech formed a strategic partnership to develop next-generation vehicle seating solutions focused on integrating advanced safety, comfort, and sustainability. This partnership combines Joyson’s expertise in restraint systems (including airbags and seatbelts) with Brose's and Brose Sitech's seating design capabilities to create innovative seat structures and complete seats.  Joyson Safety Systems supplies these systems to over 60 automotive OEMs, including major Chinese manufacturers like BYD, Geely, and SAIC, as well as global brands such as Volkswagen and General Motors, leveraging its 62 production facilities across 25 countries—with strategic hubs in China, Germany, Mexico, and Thailand to maintain localized manufacturing and rapid response capabilities.

ZF Friedrichshafen AG is a key player offering automotive safety systems for the OEM and aftermarket segments. ZF’s seatbelt product range includes advanced electromechanical seatbelts, pyrotechnic and motor-driven pretensioners, load limiters, and integrated active restraint systems. The company supplies its seatbelt technologies to nearly all major OEMs such as Alpina (US), Ashok Leyland (India), Aston Martin (UK), Audi (Germany), BAIC (China), Beijing Benz (China), Bentley (UK), BMW (Germany), Bugatti (Germany), BYD (China), Chery (China), Dacia (Italy), Daimler (Germany), and Dongfeng Yulong (China), with a strong presence in both established markets (such as Europe and North America) and fast-growing regions like Asia Pacific, where vehicle production and safety regulations are rapidly increasing. Automotive seatbelts are offered in the ZF LIFETEC business segment. The company had made a new business segment named ZF LIFETEC, which has been running as an independent division after the spun-off in FY 2024 from the former Passive Safety Systems business segment. This business segment specifically focuses on passive safety technologies such as seatbelts, airbags, and steering wheels. The ZF LIFETEC operates globally and has a strong presence in over 20 countries, including the recently opened headquarters in Shanghai, China.

Market Ranking

Autoliv holds the largest market share (about 45%) and is focused on advanced occupant protection, integrating seatbelt systems with seat-centric airbag technologies. It invests nearly 4.5% of its annual revenue in R&D and manufacturing networks for rapid compliance with evolving safety standards. Joyson Safety Systems has vertical integration of hardware, seatbelt components, and smart sensor technologies, such as integrated foam sensors and zero-gravity seating protection and offers its seatbelts for both global and Chinese OEMs through a broad regional footprint and brand recognition in Europe, the Americas, and the Asia Pacific region. ZF differentiates itself with cutting-edge electromechanical seatbelt systems, including motor-driven pretensioners and multi-stage load limiters that enable real-time adjustment and seamless integration with automated driving features, leveraging its strong presence in Europe, the Americas, and Asia Pacific to respond quickly to regulatory changes and OEM needs. Joyson Safety Systems differentiates itself in automotive seatbelt offerings through advanced features like motorized belt tensioning, haptic warning systems, and smart force load limiting, enhancing both safety and comfort. This blend of leadership in technology, regional reach, and strategic partnerships allows each company to excel in specific aspects of seatbelt innovation and supply.

Related Reports:

ICE & BEV Seatbelt Material Market by Component (Retractor, Buckle, Anchor, and Others), Type of Component by Material (Steel/Aluminum, Polycarbonate, and Nylon), and Vehicle Type (Passenger Car, LCV, and HCV), and Region - Global Forecast to 2032

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