How COVID Affects Limousine Manufacturers
Seat belts are a basic safety feature in every vehicle, including limousines. In passenger cars, these seat belts must be worn at all times, and in a limousine, they must be visible to passengers. If you're in doubt, ask the driver to make sure that everyone in your party is wearing seat belts.
Seat belts are a primary safety feature in all vehicles
The seatbelt is one of the most important safety features in any vehicle. A vehicle occupant is at risk of death or serious injury in an accident if they are not wearing a seat belt. Seat belts prevent occupants from sliding forward when the vehicle hits an obstacle, such as a curb or pothole. Fortunately, seat belts have improved considerably over the past several decades.
The first three-point safety belt was invented in Sweden by Volvo engineer Nils Bohlin. The design combines a shoulder strap and lap belt that can be fastened by one hand. This design is considered an open patent, meaning that other auto manufacturers are free to use it. In the early 1980s, seat belt usage was only 11 percent. By 1994, the federal government passed laws mandating the use of seat belts and the use of lap belts in all vehicles.
According to the National Highway Traffic Safety Administration, lap and shoulder belts reduce the risk of death and serious injury in crashes by 58 percent and seventy percent, respectively. Despite these benefits, not everyone buckles their seat belts, and nearly half of people killed in car crashes are not wearing their seat belts. Thankfully, there are laws in place to encourage more people to use their seat belts, including secondary enforcement laws that allow police to pull over drivers who are not wearing their seat belts.
Opportunities in the taxi and limousine services market
The global Taxi and Limousine Services market is estimated to be US£36.7 Billion in 2020. China, the world's second largest economy, is expected to account for more than half of this market's growth over the next decade, reaching US£64.5 Billion in 2027. This market is expected to experience a compound annual growth rate (CAGR) of 19.2%, followed by India, Japan, South America, and the Middle East.
Taxi and limousine service companies are increasingly utilising social media to increase their market presence and establish closer relationships with consumers. One such example is the on-demand cab transportation service, Uber. This service provider has an impressive social media following with 22 million Facebook fans and 1 million Twitter followers. It is also active on Instagram, and responds to consumer complaints through its Facebook page.
This report analyses the competitive landscape in the Taxi and Limousine Services market, including major players and their strategies. It also provides micro and macro-level analysis of the market and identifies emerging trends and opportunities. It includes a regional analysis and an analysis of the leading companies in the market.
Cost of installing seat belts
A number of crashes in the United States have shown that seat belts are essential for passengers' safety. The National Transportation Safety Board (NTSB) has recommended that limousines include seat belts with shoulder and lap straps. The board also wants the National Highway Traffic Safety Administration (NHTSA) to require seating systems to meet minimum performance standards.
Seat belts are essential for passenger safety, and the NTSB's report recommends a mandatory seat belt law for all limos. The agency said it will release a final report with more recommendations. The NTSB's recommendation follows a fatal crash in October 2018 in which a limo drove through a stop sign while an unoccupied Toyota SUV passed it. Two pedestrians died and 18 others were injured in the crash.
The federal government has set standards for seat belts for most vehicles. The exception to these requirements is stretch limos, which count as buses since they seat 10 passengers, including the driver. The National Transportation Safety Board found that seat belts could have saved lives if passengers had worn them. The investigators found that none of the passengers in the stretch limo were wearing seat belts, and the retrofitted 2001 Ford Excursion did not have seat belts that were easy to access.