Base Year
Historical Year
Forecast Year
The global motorcycle airbag market is expected to grow at a CAGR of 12.8% in the forecast period of 2024-2032.
| Global Motorcycle Airbag Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | XX |
| Market Size 2032 | USD Million | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 12.8% |
| CAGR 2024-2032 - Market by Region | Europe | 14.6% |
| CAGR 2024-2032 - Market by Country | USA | 15.6% |
| CAGR 2024-2032 - Market by Country | China | 14.4% |
| CAGR 2024-2032 - Market by Coating | Silicone Coated | 14.3% |
| CAGR 2024-2032 - Market by Distribution Channel | Aftermarket | 15.1% |
| Market Share by Country 2023 | Japan | 5.3% |
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.
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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 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.
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Based on component, the market is divided into:
By fabric type, the industry can be segmented into:
By coating, the market is grouped into:
| CAGR 2024-2032 - Market by | Coating |
| Silicone Coated | 14.3% |
| Neoprene Coated | 13.4% |
| Non-Coated | XX% |
On the basis of distribution channel, the industry can be categorised into:
| CAGR 2024-2032 - Market by | Distribution Channel |
| Aftermarket | 15.1% |
| OEM | XX% |
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
| CAGR 2024-2032 - Market by | Region |
| Europe | 14.6% |
| Asia Pacific | 13.4% |
| North America | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
| CAGR 2024-2032 - Market by | Country |
| USA | 15.6% |
| China | 14.4% |
| Germany | 13.6% |
| Japan | 12.4% |
| India | 11.1% |
| Canada | XX% |
| UK | XX% |
| France | XX% |
| Italy | 10.3% |
| Australia | XX% |
| Brazil | XX% |
| Mexico | 10.2% |
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.
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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.
| 2023 Market Share by | Country |
| Japan | 5.3% |
| USA | XX% |
| Canada | XX% |
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:
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.
| 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:
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| Breakup by Component |
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| Breakup by Fabric Type |
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| Breakup by Coating |
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| Breakup by Distributional Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global motorcycle airbag market is projected to grow at a CAGR of 12.8% between 2024 and 2032.
The major market drivers include rising disposable incomes, increasing cases of road accidents, increasing demand for improved vehicular safety, and growing technological advancements.
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.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading components of motorcycle airbag in the market are crash sensor, airbag module, airbag ECU, and inflator, among others.
The major fabric types in the market are nylon and polyester, among others.
The significant coatings of motorcycle airbag in the market are neoprene coated, silicone coated, and non-coated.
The leading distribution channels in the market are OEM and aftermarket.
The major players in the market are Honda Motor Co., Ltd, Helite Moto, Mugen Denko Co., Ltd., and Dainese S.p.A., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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