Market Overview:
The global motorcycle airbag vests market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about safety among riders, rising demand for technologically advanced products, and growing number of motorcyclists across the globe. The global motorcycle airbag vests market is segmented on the basis of type, application, and region. On the basis of type, it is divided into smart motorcycle airbag vests and conventional motorcycle airbag vests. The conventional segment dominated the market in 2017 owing to its low cost as compared to smart motorcycle airbags. However, with technological advancements and increasing demand for safety features among riders, this segment is expected to lose its share over the forecast period whilesmart motorcycles are projectedto register a higher CAGR duringthe same period .Onthe basisofapplication , themarketis divided into manand woman segments .Among these two segments , man dominates duetothe high numberofmotorcycle users ascompared towomen .
Product Definition:
A motorcycle airbag vest is a type of protective gear worn by riders that helps to prevent or reduce injuries in the event of a crash. The vests are designed to inflate upon impact, providing cushioning and protection to the rider's body. Airbag vests can be worn over or under clothing, and some models are equipped with built-in armor for additional protection. Airbag vests are an important safety accessory for riders, as they can help to reduce the severity of injuries in the event of a crash.
Smart Motorcycle Airbag Vests:
The global smart motorcycle airbag vests market is expected to witness significant growth over the forecast period. The primary factor responsible for this growth is safety concern among people, especially bikers. In addition, government initiatives and increased spending on R&D also contribute to the industry development. For instance, in 2016, the European Union invested around USD 8 million in research & development activities related to automotive safety technologies including airbags and anti-lock braking systems (ABS).
Conventional Motorcycle Airbag Vests:
Conventional motorcycle airbag vests are a safety device that is used to protect the rider from injuries in the event of a collision. The conventional motorcycle airbag vest consists of an inner liner and an outer shell made up of soft material such as foam or fabric. In case of a collision, the inner liner protects against internal injuries whereas, the hard shell provides protection against contact with any external object.
Application Insights:
The man application segment held the largest share of over 70.0% in 2017. The increasing number of road accidents and fatalities is driving the demand for airbags among male riders as compared to female riders. According to a study conducted by BMW, around 60% of motorcyclists are male and this ratio is expected to increase by 2030.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing awareness among bikers about safety measures and various organizations offering training for riders on how to use airbags effectively. Europe is expected to witness significant growth over the forecast period owing to stringent regulations by the European government regarding road safety for two-wheeler riders, which has resulted in increased penetration of airbag products. Moreover, rising demand for premium motorcycle brands such as Ducati and Aprilia is also expected drive regional product demand over the next eight years.
Asia Pacific is anticipated to grow at a lucrative rate during the forecast period due to increasing disposable income especially among middle class population groups in countries such as China and India who are opting for motorbike riding as a leisure activity rather than working one or two shift jobs that did not allow them enough time off work or they were not comfortable taking public transport at certain hours of day.
Growth Factors:
- Increasing demand for motorcycle airbag vests from the developing countries owing to the increasing number of two-wheeler users in these regions.
- The increasing awareness about the benefits of using motorcycle airbag vests among the riders, which is expected to boost the demand for these products in the near future.
- The rising popularity of adventure sports and touring, which is anticipated to create a positive impact on the growth of global motorcycle airbag vest market over next few years.
- Growing concerns regarding safety while riding, which is likely to fuel demand for motorcycle airbag vests in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Motorcycle Airbag Vests Market Research Report
By Type
Smart Motorcycle Airbag Vests, Conventional Motorcycle Airbag Vests
By Application
Man, Woman
By Companies
Alpinestars, Bering, Dainese, HELITE, MOTOAIR, DPI Safety, SPIDI Sport
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Motorcycle Airbag Vests Market Report Segments:
The global Motorcycle Airbag Vests market is segmented on the basis of:
Types
Smart Motorcycle Airbag Vests, Conventional Motorcycle Airbag Vests
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
Man, Woman
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:
- Alpinestars
- Bering
- Dainese
- HELITE
- MOTOAIR
- DPI Safety
- SPIDI Sport
Highlights of The Motorcycle Airbag Vests 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:
- Smart Motorcycle Airbag Vests
- Conventional Motorcycle Airbag Vests
- By Application:
- Man
- Woman
- 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 Motorcycle Airbag Vests 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Motorcycle airbag vests are a type of safety equipment that is worn by motorcycle riders. They are designed to protect the rider from injuries that may occur if they were to fall off their bike and hit their head. Motorcycle airbags work in much the same way as car airbags, only they are specifically designed for motorcycles. When a motorcycle rider falls off their bike, the airbag will deploy and protect them from serious injury.
Some of the key players operating in the motorcycle airbag vests market are Alpinestars, Bering, Dainese, HELITE, MOTOAIR, DPI Safety, SPIDI Sport.
The motorcycle airbag vests market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motorcycle Airbag Vests Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Motorcycle Airbag Vests Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Motorcycle Airbag Vests Market - Supply Chain
4.5. Global Motorcycle Airbag Vests Market Forecast
4.5.1. Motorcycle Airbag Vests Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motorcycle Airbag Vests Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motorcycle Airbag Vests Market Absolute $ Opportunity
5. Global Motorcycle Airbag Vests Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Motorcycle Airbag Vests Market Size and Volume Forecast by Type
5.3.1. Smart Motorcycle Airbag Vests
5.3.2. Conventional Motorcycle Airbag Vests
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Motorcycle Airbag Vests Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Motorcycle Airbag Vests Market Size and Volume Forecast by Application
6.3.1. Man
6.3.2. Woman
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motorcycle Airbag Vests Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Motorcycle Airbag Vests Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Motorcycle Airbag Vests Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Motorcycle Airbag Vests Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Motorcycle Airbag Vests Demand Share Forecast, 2019-2026
9. North America Motorcycle Airbag Vests Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Motorcycle Airbag Vests Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Motorcycle Airbag Vests Market Size and Volume Forecast by Application
9.4.1. Man
9.4.2. Woman
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motorcycle Airbag Vests Market Size and Volume Forecast by Type
9.7.1. Smart Motorcycle Airbag Vests
9.7.2. Conventional Motorcycle Airbag Vests
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Motorcycle Airbag Vests Demand Share Forecast, 2019-2026
10. Latin America Motorcycle Airbag Vests Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Motorcycle Airbag Vests Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Motorcycle Airbag Vests Market Size and Volume Forecast by Application
10.4.1. Man
10.4.2. Woman
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motorcycle Airbag Vests Market Size and Volume Forecast by Type
10.7.1. Smart Motorcycle Airbag Vests
10.7.2. Conventional Motorcycle Airbag Vests
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Motorcycle Airbag Vests Demand Share Forecast, 2019-2026
11. Europe Motorcycle Airbag Vests Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Motorcycle Airbag Vests Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Motorcycle Airbag Vests Market Size and Volume Forecast by Application
11.4.1. Man
11.4.2. Woman
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motorcycle Airbag Vests Market Size and Volume Forecast by Type
11.7.1. Smart Motorcycle Airbag Vests
11.7.2. Conventional Motorcycle Airbag Vests
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Motorcycle Airbag Vests Demand Share, 2019-2026
12. Asia Pacific Motorcycle Airbag Vests Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Motorcycle Airbag Vests Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Motorcycle Airbag Vests Market Size and Volume Forecast by Application
12.4.1. Man
12.4.2. Woman
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motorcycle Airbag Vests Market Size and Volume Forecast by Type
12.7.1. Smart Motorcycle Airbag Vests
12.7.2. Conventional Motorcycle Airbag Vests
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Motorcycle Airbag Vests Demand Share, 2019-2026
13. Middle East & Africa Motorcycle Airbag Vests Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Motorcycle Airbag Vests Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Motorcycle Airbag Vests Market Size and Volume Forecast by Application
13.4.1. Man
13.4.2. Woman
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motorcycle Airbag Vests Market Size and Volume Forecast by Type
13.7.1. Smart Motorcycle Airbag Vests
13.7.2. Conventional Motorcycle Airbag Vests
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Motorcycle Airbag Vests Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Motorcycle Airbag Vests Market: Market Share Analysis
14.2. Motorcycle Airbag Vests Distributors and Customers
14.3. Motorcycle Airbag Vests Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpinestars
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dainese
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HELITE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MOTOAIR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DPI Safety
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SPIDI Sport
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
