Market Overview:
The global wearable airbag market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing awareness about safety and security, rising demand for drop resistance devices in sports and recreational activities, and growing popularity of equestrian sports. Based on type, the global wearable airbag market is segmented into airbag belts and airbag jackets. The airbag belt segment is expected to account for a larger share of the market than the airbag jacket segment during the forecast period. This can be attributed to their low cost as compared to other types of wearable airbags and their easy installation process. Based on application, the global wearable airbag market is divided into motorsports, skiing, equestrian sports, and drop resistance applications.
Product Definition:
A wearable airbag is a device that is worn on the body and designed to inflate in the event of an accident in order to protect the user from impact injuries. The importance of wearable airbags is that they can provide protection for users who may not be able to wear traditional safety belts or who may not have access to other forms of safety protection.
Airbag Belt:
Airbag belt is a wearable device that helps in increasing the stability of an individual by providing cushioning to fall. It works on the principle of airbags, which are used in automobiles for protection against injuries during accidents. Airbag belts have been tested and found effective in preventing serious spinal injuries and other severe injuries. They work by creating a barrier around the body, thereby reducing impact force on internal organs as well as blood vessels.
Airbag Jack:
Airbag jack is a small device that helps to inflate airbags in case of an accident. It is connected to the vehicle’s diagnostic tool via Bluetooth and it sends the data regarding speed, direction, seat belt buckling status and crash impact on the smartphone app. The main function of this device is not only to provide information but also help in controlling inflation timing by reducing gas emissions from the vehicle during accidents.
Application Insights:
The motorsports segment dominated the global wearable airbag market in 2017. The rising popularity of motor racing and participation in sports such as motocross, road racing, drag racing and dirt biking are contributing to the growth of this segment. Moreover, government initiatives promoting fitness through organized sports will drive demand further. For instance, according to a study published by the National Health Statistics (NHS) in 2016, it was found that about 6% of adults aged 18-24 years suffered from lower back pain during recreational activities such as skiing or snowboarding at least once per year.
The ski application segment is expected to witness significant growth over the forecast period owing to increasing number of skiers and snowboarders across various regions including North America and Europe.
Regional Analysis:
North America dominated the global wearable airbag market in 2017. The growing popularity of adventure sports such as trekking and hiking is expected to increase the demand for motorized vehicles in this region, which, in turn, will drive product demand over the forecast period. Furthermore, presence of key players such as Autoliv Inc.; SABA Nanjing Automation & Electronics Corporation; and Johnson Controls Inc.; among others is anticipated to fuel regional growth over the next seven years.
Growth Factors:
- Increasing demand for wearable airbags from the automotive industry as a result of increasing safety concerns
- Growing demand for wearable airbags from the military and law enforcement agencies due to increasing need for personal safety
- Rising awareness about the benefits of wearing a wearable airbag among consumers
- Technological advancements in the design and functionality of wearable airbags that make them more user-friendly and affordable
- Growing popularity of extreme sports and outdoor activities that increase the need for personal safety gear, including wearable airbags
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Airbag Market Research Report
By Type
Airbag Belt, Airbag Jack
By Application
Motorsports, Skiing, Equestrian, Drop Resistance
By Companies
Dianese, S-AIRBAG, Air Vest, Alpinestars, Hövding, Helite, Moto-Air, Spidi, Mugen Denko, Active Protective Technologies, Dianese, Hip-Hope Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Airbag Market Report Segments:
The global Wearable Airbag market is segmented on the basis of:
Types
Airbag Belt, Airbag Jack
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motorsports, Skiing, Equestrian, Drop Resistance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dianese
- S-AIRBAG
- Air Vest
- Alpinestars
- Hövding
- Helite
- Moto-Air
- Spidi
- Mugen Denko
- Active Protective Technologies
- Dianese
- Hip-Hope Technologies
Highlights of The Wearable Airbag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Airbag Belt
- Airbag Jack
- By Application:
- Motorsports
- Skiing
- Equestrian
- Drop Resistance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wearable Airbag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A wearable airbag is a type of airbag that is worn on the body. It is a small, lightweight device that monitors the person's breathing and sends an alert if it detects signs of trouble. If there is an accident, the wearable airbag can help protect the person by deploying quickly and protecting them from serious injury or death.
Some of the major players in the wearable airbag market are Dianese, S-AIRBAG, Air Vest, Alpinestars, H¶vding, Helite, Moto-Air, Spidi, Mugen Denko, Active Protective Technologies, Dianese, Hip-Hope Technologies.
The wearable airbag market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearable Airbag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wearable Airbag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearable Airbag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wearable Airbag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wearable Airbag Market Size & Forecast, 2018-2028
4.5.1 Wearable Airbag Market Size and Y-o-Y Growth
4.5.2 Wearable Airbag Market Absolute $ Opportunity
Chapter 5 Global Wearable Airbag Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wearable Airbag Market Size Forecast by Type
5.2.1 Airbag Belt
5.2.2 Airbag Jack
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wearable Airbag Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wearable Airbag Market Size Forecast by Applications
6.2.1 Motorsports
6.2.2 Skiing
6.2.3 Equestrian
6.2.4 Drop Resistance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Airbag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wearable Airbag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wearable Airbag Analysis and Forecast
9.1 Introduction
9.2 North America Wearable Airbag Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wearable Airbag Market Size Forecast by Type
9.6.1 Airbag Belt
9.6.2 Airbag Jack
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wearable Airbag Market Size Forecast by Applications
9.10.1 Motorsports
9.10.2 Skiing
9.10.3 Equestrian
9.10.4 Drop Resistance
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wearable Airbag Analysis and Forecast
10.1 Introduction
10.2 Europe Wearable Airbag Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wearable Airbag Market Size Forecast by Type
10.6.1 Airbag Belt
10.6.2 Airbag Jack
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wearable Airbag Market Size Forecast by Applications
10.10.1 Motorsports
10.10.2 Skiing
10.10.3 Equestrian
10.10.4 Drop Resistance
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wearable Airbag Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wearable Airbag Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wearable Airbag Market Size Forecast by Type
11.6.1 Airbag Belt
11.6.2 Airbag Jack
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wearable Airbag Market Size Forecast by Applications
11.10.1 Motorsports
11.10.2 Skiing
11.10.3 Equestrian
11.10.4 Drop Resistance
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wearable Airbag Analysis and Forecast
12.1 Introduction
12.2 Latin America Wearable Airbag Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wearable Airbag Market Size Forecast by Type
12.6.1 Airbag Belt
12.6.2 Airbag Jack
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wearable Airbag Market Size Forecast by Applications
12.10.1 Motorsports
12.10.2 Skiing
12.10.3 Equestrian
12.10.4 Drop Resistance
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wearable Airbag Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wearable Airbag Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wearable Airbag Market Size Forecast by Type
13.6.1 Airbag Belt
13.6.2 Airbag Jack
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wearable Airbag Market Size Forecast by Applications
13.10.1 Motorsports
13.10.2 Skiing
13.10.3 Equestrian
13.10.4 Drop Resistance
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wearable Airbag Market: Competitive Dashboard
14.2 Global Wearable Airbag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dianese
14.3.2 S-AIRBAG
14.3.3 Air Vest
14.3.4 Alpinestars
14.3.5 Hövding
14.3.6 Helite
14.3.7 Moto-Air
14.3.8 Spidi
14.3.9 Mugen Denko
14.3.10 Active Protective Technologies
14.3.11 Dianese
14.3.12 Hip-Hope Technologies
