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Global Motorcycle Airbag Market to Grow at a CAGR of 21.8% During 2021-2026, Aided by the Growing Concern Regarding Road Safety

Motorcycle Airbag Market

Global Motorcycle Airbag Market Size, Trends, Analysis: By Component: Crash Sensor, Airbag Module, Airbag, Airbag ECU, Inflator, Others; By Fabric Type: Nylon, Polyester, Others; By Coating: Neoprene Coated, Silicone Coated, Non-Coated; By Distributional Channel: OEM, Aftermarket; Regional Analysis; Competitive Landscape; 2024-2032

Global Motorcycle Airbag Market Outlook

The global motorcycle airbag market is expected to grow at a CAGR of 21.8% in the forecast period of 2024-2032.

 

Global Motorcycle Airbag Market

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Rising Demand for Silicone Coated Airbag Systems to Boost the Motorcycle Airbag Industry Growth

Based on coating, the silicone coated airbag systems are expected to witness an increased demand over the forecast period. The growth can be attributed to the fact that silicone coating allows rapid deployment of airbags and decreases air permissibility and, hence, it is increasingly preferred over neoprene coated and uncoated airbags. Moreover, it also shows high resistance against heat and pressure, thus, protecting the airbag from several damages. The sturdy and efficient nature of silicone coated airbag systems are aiding the growth of the segment.

Region-wise, the Asia Pacific is expected to provide enhanced growth opportunities for the market expansion over the forecast period owing to the rising sales of motorcycles, growing government initiatives towards improving vehicular safety, and escalating consumer disposable incomes in the region.

 

Motorcycle Airbag: Market Segmentation

Motorcycle airbag system can be referred to as a motorcycle safety system designed to protect the riders and save them from injuries in a collision. The system deploys an airbag that surrounds the rider, thus, significantly reducing the risk of spinal cord injury. The airbag inflates before the rider crashes and hits the ground and provides impact protection to the areas of the body vulnerable in a motorcycle crash, that is, back, neck, and chest. The system includes airbag vests and jackets for bike riders. Wireless and tethered airbag systems are available either in the form of vests or jackets or integrated within a jacket or race suit. Earlier, there were only tethered systems, but with the years of development and red tape, wireless airbag systems have also entered the market.

 

Global Motorcycle Airbag Market By Fabric Type

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Based on component, the market is divided into:

  • Crash Sensor
  • Airbag Module
  • Airbag
  • Airbag ECU
  • Inflator
  • Others

By fabric type, the industry can be segmented into:

  • Nylon
  • Polyester
  • Others

By coating, the market is grouped into:

  • Neoprene Coated
  • Silicone Coated
  • Non-Coated

On the basis of distribution channel, the industry can be categorised into:

  • OEM
  • Aftermarket

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Motorcycle Airbag Market By Region

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Rising Awareness Regarding Road Safety to Bolster the Growth of the Motorcycle Airbag Industry

The growing cases of road accidents are driving the demand for improved vehicular safety. The rising awareness regarding road safety and the favourable government initiatives are pushing the growth of the motorcycle airbag industry forward. The growth is expected to be higher in developing regions owing to the increasing awareness regarding road safety and the rising demand for premium motorcycles. The growing focus of manufacturers to launch innovative and advanced safety systems is also aiding the growth of the industry. Over the forecast period, the growing utilisation of advanced sensor technology in airbag systems is expected to have a positive effect on the expansion of the global motorcycle airbag industry.

 

Key Industry Players in the Global Motorcycle Airbag Market

The report gives a detailed analysis of the following key players in the global motorcycle airbag market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Honda Motor Co., Ltd
  • Helite Moto
  • Mugen Denko Co., Ltd.
  • Dainese S.p.A.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Fabric Type, Coating, Distributional Channel, Region
Breakup by Component Crash Sensor, Airbag Module, Airbag, Airbag ECU, Inflator, Others
Breakup by Fabric Type Nylon, Polyester, Others
Breakup by Coating Neoprene Coated, Silicone Coated, Non-Coated
Breakup by Distributional Channel OEM, Aftermarket
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Honda Motor Co., Ltd, Helite Moto, Mugen Denko Co., Ltd., Dainese S.p.A., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Motorcycle Airbag Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Motorcycle Airbag Historical Market (2018-2023) 
    8.3    Global Motorcycle Airbag Market Forecast (2024-2032)
    8.4    Global Motorcycle Airbag Market by Component
        8.4.1    Crash Sensor
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Airbag Module
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Airbag
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Airbag ECU
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032
        8.4.5    Inflator
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Motorcycle Airbag Market by Fabric Type
        8.5.1    Nylon
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Polyester
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others
    8.6    Global Motorcycle Airbag Market by Coating 
        8.6.1    Neoprene Coated
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Silicone Coated
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Non-Coated
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Motorcycle Airbag Market by Distributional Channel
        8.7.1    OEM
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Aftermarket
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
    8.8    Global Motorcycle Airbag Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032) 
9    North America Motorcycle Airbag Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Motorcycle Airbag Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Motorcycle Airbag Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Motorcycle Airbag Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Motorcycle Airbag Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Honda Motor Co., Ltd
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Helite Moto
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Mugen Denko Co., Ltd.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Dainese S.p.A.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Motorcycle Airbag Market: Key Industry Highlights, 2016 and 2026.    
2.    Global Motorcycle Airbag Historical Market: Breakup by Component (USD Million), 2018-2023
3.    Global Motorcycle Airbag Market Forecast: Breakup by Component (USD Million), 2024-2032
4.    Global Motorcycle Airbag Historical Market: Breakup by Fabric Type (USD Million), 2018-2023
5.    Global Motorcycle Airbag Market Forecast: Breakup by Fabric Type (USD Million), 2024-2032
6.    Global Motorcycle Airbag Historical Market: Breakup by Coating (USD Million), 2018-2023
7.    Global Motorcycle Airbag Market Forecast: Breakup by Coating (USD Million), 2024-2032
8.    Global Motorcycle Airbag Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9.    Global Motorcycle Airbag Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10.    Global Motorcycle Airbag Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Motorcycle Airbag Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Motorcycle Airbag Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Motorcycle Airbag Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Motorcycle Airbag Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Motorcycle Airbag Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Motorcycle Airbag Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Motorcycle Airbag Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Motorcycle Airbag Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Motorcycle Airbag Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Motorcycle Airbag Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Motorcycle Airbag Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Global Motorcycle Airbag Market Structure

Key Questions Answered in the Report

What is the growth rate of the global motorcycle airbag market?

The global motorcycle airbag market is projected to grow at a CAGR of 21.8% between 2024 and 2032.

What are the major market drivers?

The major market drivers include rising disposable incomes, increasing cases of road accidents, increasing demand for improved vehicular safety, and growing technological advancements.

What are the key trends of the market?

The key trends aiding the market development include the growing R&D activities by manufacturers and the increasing adoption of advanced sensor technology in motorcycle airbags.

What are the major regional markets of motorcycle airbag, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading components of motorcycle airbag in the market?

The leading components of motorcycle airbag in the market are crash sensor, airbag module, airbag, airbag ECU, and inflator, among others.

What are the major fabric types in the market?

The major fabric types in the market are nylon and polyester, among others.

What are the significant coatings of motorcycle airbag in the market?

The significant coatings of motorcycle airbag in the market are neoprene coated, silicone coated, and non-coated.

What are the leading distribution channels in the market?

The leading distribution channels in the market are OEM and aftermarket.

Who are the key players in the motorcycle airbag market, according to the report?

The major players in the market are Honda Motor Co., Ltd, Helite Moto, Mugen Denko Co., Ltd., and Dainese S.p.A., among others.

Analyst Review

The global motorcycle airbag market is being driven by the rising demand for improved vehicular safety. Aided by the technological advancements, the market is expected to witness a robust growth in the forecast period of 2024-2032, growing at a CAGR of 21.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By component, the market is segmented into crash sensor, airbag module, airbag, airbag ECU, and inflator, among others. Based on fabric type, the industry is divided into nylon and polyester, among others. On the basis of coating, the market is categorised into neoprene coated, silicone coated, and non-coated. By distribution channel, the industry is segmented into OEM and aftermarket. The major regional markets for motorcycle airbag are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Honda Motor Co., Ltd, Helite Moto, Mugen Denko Co., Ltd., and Dainese S.p.A., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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