PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1660059
PUBLISHER: UnivDatos Market Insights Pvt Ltd | PRODUCT CODE: 1660059
Motorcycle airbag jackets are latest-in-fashion equipment for safety enhancement for riders. These jackets are fitted with airbags to protect neck, chest, and back, helping to reduce any injury risk to the heart and torso of the rider. In each jacket, the airbag system has sensors that detect upon sudden impact or sudden change of motion and triggers within milliseconds. Some models are independently outfitted with systems integrated into the bike itself, while others utilize wireless systems. With an innovative concept of riding gear, it has been gaining much popularity with time, as it is finally offering riders true protection from accidents as opposed to regular protection.
The Motorcycle Airbag Jacket Market is expected to grow at a significant rate of around 17.44% during the forecast period (2024-2032). The market for Airbag Jacket globally has grown steadily over the years. This is due to the raising assumption of almost all the advanced protective equipment required to strictly high-risk activities such as motorcycling and motorsports. Airbag jackets are designed to inflate on impact, protecting vital areas including chest, back, and neck, thus enhancing safety for the riders. Most riders prefer these jackets, as it is proven that with their use, injuries are less severe in accident cases. Thus, making them an important part of safety gear for professional and recreational riders alike. Road safety awareness and increased numbers of motorcycle-related accidents have been major driving forces behind this booming market.
There are also numerous government regulations and safety standards introduced worldwide that play an important role in increasing the adoption of airbag jackets. Some countries have introduced certain policies that promote the usage of superior protective equipment, whereby the tax deductions and subsidies are reserved for riders who invest in technologies for safety purposes. The stricter regulations anticipated by the airbag jackets will also be seen at increasing rates specifically in the markets like Europe, North America, and Asia-Pacific, where motorcycle usage is quite high. Apart from this, technological advancement will be fueling growth in the long term, up to 2032, alongside the Greater Awareness of consumers on the life-saving properties of the airbag jackets.
Considering all the changes such as the government support is further anticipated to rise further promoting the demand for the Motorcycle Airbag Jacket during 2024-2032.
Based on Product type, the global motorcycle airbag jacket market is bifurcated into airbag jackets and airbag vests. The airbag jackets segment has maintained its largest market share globally in the motorcycle airbag jackets market because of its complete protection and popularity among motorcyclists. Airbag jacket is a full-body jacket including torso, back, and chest, which gives maximum safety from high-impact accidents. Increased adoption of airbag jackets will further increase their advanced technology, comfort, and additional safeguard, unlike airbag vests. While manufacturers continuously work on airbag jackets for better and lighter materials and more effective airbag systems, it is another reason for the success of this market segment.
Based on Type the global motorcycle airbag jacket market is segmented into polyester fabric, nylon fabric and others. The demand of polyester in the international motorcycle airbag jacket market is due to its great cost-effectiveness, availability, and diversified characteristics. Polyesters are durable materials with good resistance to abrasions, which makes them a practical alternative in protective equipment. Polyesters are also relatively light and have good resistance to weather elements like water and UV rays. Also, polyester is less expensive than nylon, making it more available to a wider range of consumers. In addition, the ability of this fabric to retain shape and to remain wrinkle-free adds more comfort and aesthetic satisfaction to the jackets. These points actually explore the scope of polyester consumption quantity and the market situation for a motorcycle airbag jacket.
For a better understanding of the market adoption of the Motorcycle Airbag Jacket market, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, France, U.K., Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America holds a significant share of the Motorcycle Airbag Jacket market and is anticipated to maintain a steady growth rate over the forecast period. North America with higher focus on rider safety and continuous investment on safety and protection in urban commute has resulted in higher market share of the motorcycle airbag jacket market.
Some of the major players operating in the market include Alpinestars, Bering Moto, Dainese S.p.A, Helite Moto, Ixon SAS, KTM AG, MOTOAIRBAG, Mugen Denko Co. Ltd., Polaris Inc., and Spidi Sport Srl.