), a leading provider of automotive safety systems, announced the
development of a new adaptable seatbelt. This unique offering is
expected to provide better safety by adapting to the passenger's
Autoliv's new seatbelt retractor adjusts its restraining force
according to the passenger's size (children or adults) and the
crash severity. The belt does not use any sensor for this. For
adults, the seatbelt webbing is released softly after the crash,
thus reducing the rebound effect and providing additional safety
to the full-sized passengers. The new seatbelt provides load
limiting and pretensioners simultaneously, thus reducing the
pressure on the neck.
Improved airbags, seatbelts and vehicle structure are very
necessary in today's fast moving world to reduce casualties in
car accidents. However, these advancements in technologies and
automotive safety systems have not been as advantageous for
passenger sitting in the rear seats as for the other occupants.
Over the years, Autoliv has focused on providing safety to car
occupants and has now come up with solutions for the small
occupants. The company's seat belts are very popular with
light vehicle manufacturers.
Autoliv expects that the new seatbelt will further strengthen its
position in the market. The new retractor should help automakers
in receiving better ratings in the updated Euro NCAP and US NCAP
In Aug 2013,
TRW Automotive Holdings Corp.
) had come up with light-weight anchor seat belt pretensioner
with rotary design, christened APR1, to fulfill the need for
compact-designed seat belts. It will be incorporated in many
European vehicles starting 2015.
The APR1 offers more compact packaging with no linkage element
being used. APR1 provides pretension forces greater than 3 kN,
which instantly tightens the seatbelt after a crash.
Autoliv has a stable market share in both airbag modules and seat
belts in North America, Europe and Asia. The company has
continuously expanded in low-cost countries, including Romania
and China, in order to meet local demand. However, we are
concerned about significant customer concentration risks as the
company's top-five represents about 54% of sales.
Currently, Autoliv retains a Zacks Rank #3 (Hold). In the same
Magna International Inc.
American Axle & Manufacturing Holdings Inc.
), both carrying a Zacks Rank #1 (Strong Buy), are worth a look
at the moment.
AUTOLIV INC (ALV): Free Stock Analysis Report
AMER AXLE & MFG (AXL): Free Stock Analysis
MAGNA INTL CL A (MGA): Free Stock Analysis
TRW AUTOMTV HLD (TRW): Free Stock Analysis
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