Motorcycle Airbag Vests Market Size & Share, by Product (Smart Airbag Vest, Conventional Airbag Vest); Fabric Type (Nylon, Polyester); Coating Type (Silicone coated, Neoprene Coated, Non Coated); Channel Type (Original Equipment Manufacturer, Aftermarket); Components (Airbag ECU, Crash Sensors, Airbag Modules); End-user (Man, woman, Equipment Suppliers, Consulting Companies, Production Companies) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 2745
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Motorcycle Airbag Vests Market size is set to expand at over 26.4% CAGR during the forecast period i.e., between 2025-2037.

A key factor driving the growth of motorcycle airbag vests market is the increasing awareness and safety among people. Rising awareness related to safety equipments to be installed on bikes along with protective gears is driving the growth of motorcycle airbag vests market. Moreover, rising demand for the premium segment of motorcycles in most of the countries on year on year basis is intensifying the competition among different key players for which many companies with OEM’s (Original Equipments Manufacturers) are collaborating with airbag vest manufacturers, which is a significant factor fueling the motorcycle airbag vests market growth.


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Motorcycle Airbag Vests Sector: Growth Drivers and Challenges

Growth Drivers

  • Increase in Demand for Performance Motorcycles: Most of the countries in the world are facing a challenge of dealing with the safety of two wheelers. The affordability is one of the factors which are increasing the popularity of motorcycles all over the globe. In addition, the increasing incomes and enthusiasm of people towards motorsport is expanding the demand for high performance motorcycles which is anticipated to foster the growth of the motorcycle airbag vests market.
  • Airbag as Safety Option in Motorcycles and Development of Full Body Airbags: The technology associated with the airbags is gaining concern in the domain of motorcycles as they are related with the safety of motorcycles. The continuous effort from the research and development department is focusing on minimizing accidents along with the protection of riders from injury by launching full length airbag and deploying smart sensor technologies. Factors, such as increase in the number of young riders and rough prepared roads are leading to high chances of accidents, which propels the safety of motorcycle commuters. Moreover, the airbag system is recognized as one of the most basic things when it comes to the safety of riders in case of accident. These are factors anticipated to drive the market growth.

Challenges

  • Lack of Product Awareness: The major factor hampering the growth of the market is the lack of awareness among customers about the product. The motorcycle airbag vests are available in two types: wired airbag vest and wireless airbag vest. Currently, there are only few suppliers of airbag vests in the market and only few of them provide with wireless airbag vests. Additionally, most of the users of motorcycles fall under the category of mid range motorcycles; therefore, they do not find it worth to spend such an amount of their income on airbag vests. Moreover, the price of the airbag vest is the major concern for the customers as the cost of motorcycles and its insurance is already high. Hence, in order to achieve high sales for the airbag vests, suppliers

Motorcycle Airbag Vests Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

26.4%

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Motorcycle Airbag Vests Segmentation

The motorcycle airbag vests market for component type is segmented into crash sensors, airbag modules, airbag ECU and inflator. The airbag vests segment will continue to account for the leading share in the market on the back of reducing chances of injury to the motorcyclist in case of accidents as vests are designed for all round protection and superior comfort.

Our in-depth analysis of the global market includes the following segments

By Product Type

  • Smart airbag vest
  • Conventional airbag vest

By Fabric Type

  • Nylon 
    • Nylon 6
    • Nylon 66 
  • Polyester

By Coating Type

  • Silicone coated
  • Neoprene coated
  • Non-coated

By Channel Type

  • Original Equipment Manufacturer
  • After market

By Components

  • Airbag ECU (Electronic Controller Unit)
  • Crash sensors
  • Airbag module

By End Users

  • Man and woman
  • Equipment suppliers
  • Consulting Companies
  • Production Companies
  • Others

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Motorcycle Airbag Vests Industry - Regional Synopsis

On the basis of regional analysis, the segmentation of motorcycle airbag vest market includes five major regions, named as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America industry is poised to hold largest revenue share by 2037, due to growth in automobile industry along with presence of leading automobile manufacturers, rising demand for premium class motorcycles and high investments done by OEMs. The motorcycle airbag vests market in Asia Pacific is anticipated to grow at a higher rate on the account of the living standard of the people and countries in this region has high potential for the high-performance motorcycles.

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Companies Dominating the Motorcycle Airbag Vests Landscape

    • Autoliv Incorporation 
      • Company Overview
      • Business Strategy
      • Key Product Offering
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • MotoAir
    • Denso Corporation
    • Continental AG
    • Toyoda Gosei Corporation
    • Alpinestars
    • Helite
    • Dainese
    • Spidi Sport srl

In the News

  • On April 15, 2020, Helite launched its new airbag show jacket “Airjump.” The jacket will appeal to the riders who look for elegance along with absolute protection. The jacket is a 100% female model available in their online stores.

Author Credits:  Saima Khursheed


  • Report ID: 2745
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Motorcycle Airbag Vests Market size is set to expand at over 26.4% CAGR during the forecast period i.e., between 2025-2037.

Motorcycle Airbag Vests Market size is set to expand at over 26.4% CAGR during the forecast period i.e., between 2025-2037.

North America industry is poised to hold largest revenue share by 2037, due to growth in automobile industry along with presence of leading automobile manufacturers, rising demand for premium class motorcycles and high investments done by OEMs.

The major players in the market are Autoliv Incorporation, MotoAir, Denso Corporation, Continental AG, Toyoda Gosei Corporation, Alpinestars, Helite, Dainese, Spidi Sport srl, and others.
Motorcycle Airbag Vests Market Report Scope
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