Global Motorcycle Airbag System Market

By Author: Rupali Dagade
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Global Motorcycle Airbag System Market was valued at US$ XX Mn in 2019 and expected to reach US$ XX Mn by 2026, at a CAGR of 5.8% during the forecast period

The global Motorcycle Airbag System market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Motorcycle Airbag System report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Motorcycle Airbag System Market

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Global Motorcycle Airbag System Market Overview:

A motorcycle airbag system is used in the case of frontal accidents for motorbikes. Motorbikes do not have an enclosed space like cars or trucks for the safety of drivers. Moreover, bikes have very unstable forces and a relatively high torque ratio of engines. Hence, motorbikes are considered relatively risky for riding as compared with trucks, cars, or any other means of transportation. Due to the sturdy designs of bikes, they are more prone to any harm to ...
... the vehicle as well as its rider. The motorcycle airbag system consists of electronic control units and modules embedded in the front face of the bike for the effective protection of the rider. Also, some airbags are fitted on the fuel tank and in the inner lining of the rider’s jackets.

The increasing popularity of protective gear among riders and the aesthetic appeal of the design of protective suits including jackets and protective helmets. Furthermore, increasing demand for motorbikes across the globe and rising demand for the tethered systems for motorbike protection are the factors considered to drive the market growth. Affordable motorbike prices across the Asia Pacific region is the supporting factor considered to drive the market growth.
Global Motorcycle Airbag System Market Dynamics:

Increasing awareness about safety among the consumers and increasing competition among motorcycle manufacturers across the globe are the factors boosting the market growth. Moreover, increasing mergers among distributors and manufacturers is the key supporting factor driving the motorcycle airbag system market growth. Increasing traffic cognition in the urban areas and thereby increasing the demand for safety system installation is the key factor harnessing the market growth.

Increasing use of alternatives for safety systems including safety jackets and vests and the inability of safety systems to provide rear and sideways protection are the factors restraining the motorcycle airbag system market growth. Government rules and regulations for safety standards of the vehicle further drive the demand for the airbag system.
Motorcycle airbag system market trends:

High availability of the raw material for airbags and safety norms of the government regarding the driving of the vehicle are the factors attributing to the growth of the motorcycle airbag system market. Moreover, the surge in motorcycle manufacturing across the globe is the supporting factor driving the market growth. According to Traffic and Safety Regulation Board, more than 65% of riders are either injured or died in bike accidents. Hence, increasing concern towards the safety of the riders is now becoming the key area of focus for motorcycle mass manufacturers across the globe. Furthermore, increasing research and development in the airbags system integration and up gradation is further boosting the demand for motorcycle airbag system market during the forecast period.

Key manufacturers of superbikes including KTM, Hasqvarna, much more are extensively concerning about rider protection owing to the high speed of superbikes and thereby increasing rate of accidents followed by the death of the riders. Hence, governments are also mandating some rules and regulations on the speed limit of some bikes including the use of safety jackets as security protocols. Some manufacturers also provide necessary security accessories along with bikes which are further increasing the trend for safety gears in bile lovers.

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Global Motorcycle Airbag System Market Segment Analysis:

Nylon fabric is the dominating segment in the global motorcycle airbag system market:

Nylon is mostly used as an airbag fabric due to its closed polymer nature and high flexibility of the fabric. According to DENSO Corporation, Nylon 6 is the most used fabric and accounted for approximately 250 million USD in the year 2019. Nylon 6 is also provisioned as A+ grade by Automotive Manufacturers Association owing to its durability and high-class surface finish giving it the aesthetic look for the bike as well as riders.

Crash sensors and airbag ECU are the factors attributing global motorcycle airbag system market:

Increasing adoption of sensors by many manufacturers owing to availability and portability of sensing devices are the factors attributing to the growth of the crash sensors segment in the market. Airbag ECU has accounted for 100 million USD in the year 2019 owing to the high flexibility of the electronic control unit (ECU’s) and the coupling of IoT with the system is boosting the demand for the motorcycle airbag system market. Also, the system captures the rider’s data including the speed of the vehicle, fuel consumption, and mode of driving. This up gradation in the system has become very popular in recent years as it gives real-time data and also provides system information to the rider using any device.
Global Motorcycle Airbag System Market Regional Insights:

North America is the dominating segment in the market and expected to be the fastest-growing region during the forecast period with approximately 8% CAGR. Factors attributing to market growth in the region are the increasing growth of the automobile sector in the region and the increasing popularity of motorbikes among the consumers in the region. Moreover, the developed manufacturing sector and stringent government norms regarding safety protocols are the factors that contribute to motorcycle airbag system market growth. Increasing presence for key players in the market is the factor boosting the growth of the market.

Europe is the second dominating region in the market with approximately 30% market share. Factors attributing to market growth in the region are emerging manufacturing and the global presence of key automobile manufacturers in the motorcycle airbag system market. Low import charges on automotive components and availability of infrastructure for manufacturing are the supporting factors attributing to growth in the market.

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The objective of the report is to present a comprehensive analysis of the Global Motorcycle Airbag System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Motorcycle Airbag System Marketdynamics, structure by analyzing the market segments and project the Global Motorcycle Airbag System Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Motorcycle Airbag System Market make the report investor’s guide
Global Motorcycle Airbag System Market Scope: Inquire before buying

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Global Motorcycle Airbag System Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Motorcycle Airbag System Market Key Players

• Alpinestars
• Dianese S.P.A
• Helite
• Air Vest
• Spidi
• Moto Air
• Mugen Denko Co. Ltd.
• Honda Motor Co. Ltd.
• ZF Friedrichshafen AG
• Autoliv
• Continental AG
• Toyoda Gosei Corporation
• Robert Bosch GmbH
• Joyson Safety Systems

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