
Region:Global
Author(s):Paribhasha Tiwari
Product Code:KROD7337
November 2024
89



The global motorcycle airbag market is dominated by both longstanding manufacturers and new entrants offering innovative technologies. Leading companies invest heavily in R&D to enhance safety standards and meet the demands of professional riders and safety-conscious consumers. The competition is largely driven by technological advancements and partnerships between airbag manufacturers and motorcycle brands.
|
Company Name |
Establishment Year |
Headquarters |
Number of Employees |
Product Range |
R&D Investments (USD Mn) |
Partnerships |
Safety Patents |
Revenue (USD Bn) |
Global Reach |
|
Alpinestars S.p.A. |
1963 |
Asolo, Italy |
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|
Dainese S.p.A. |
1972 |
Vicenza, Italy |
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|
Honda Motor Co., Ltd. |
1948 |
Tokyo, Japan |
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|
Hit-Air (Mugen Denko Co., Ltd.) |
1999 |
Tokyo, Japan |
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|
Helite |
2002 |
Dijon, France |
Over the next five years, the global motorcycle airbag market is expected to experience strong growth, driven by increased motorcycle sales and rising awareness about rider safety. Governments in various regions are pushing for the adoption of advanced safety systems, which will further drive demand for motorcycle airbags. The rise of electric motorcycles, coupled with technological advancements in airbag systems, such as smart airbags and sensor integration, will open up new avenues for innovation and market expansion. As more motorcycle manufacturers seek to integrate airbags as a standard safety feature, the market is poised for sustained growth.
|
By Product Type |
Vest-Type Airbags Jacket-Type Airbags Standalone Airbags Motorcycle-Mounted Airbags |
|
By End-User |
Professional Riders Daily Commuters Recreational Riders Touring Riders |
|
By Sales Channel |
OEMs, Aftermarket Online Platforms Specialty Stores |
|
By Deployment Type |
Mechanical Airbags Electronic Airbags |
|
By Motorcycle Type |
Standard Motorcycles Cruiser Motorcycles Touring Motorcycles Sports Motorcycles |
|
By Region |
North America Europe Asia-Pacific Latin America Middle East & Africa |
1.1 Definition and Scope
1.2 Market Taxonomy
1.3 Market Growth Rate
1.4 Market Segmentation Overview
2.1 Historical Market Size
2.2 Year-On-Year Growth Analysis
2.3 Key Market Developments and Milestones
3.1 Growth Drivers
3.1.1 Increasing Motorcycle Sales (Global Motorcycle Registrations, Road Safety Awareness)
3.1.2 Rising Focus on Rider Safety (Accident Data, Safety Regulations)
3.1.3 Government Initiatives and Safety Regulations (Legislation, Mandates, Subsidies)
3.1.4 Advances in Airbag Technology (Sensor Accuracy, Deployment Speed)
3.2 Market Challenges
3.2.1 High Costs of Airbag Integration (Product Costs, Manufacturing Challenges)
3.2.2 Lack of Standardization Across Regions (Varying Safety Standards, Certification Issues)
3.2.3 Resistance from Riders (Comfort Concerns, Reluctance to Adopt New Safety Gear)
3.2.4 Limited Awareness in Developing Countries (Low Adoption Rates, Safety Perception)
3.3 Opportunities
3.3.1 Rising Demand in Emerging Markets (Increase in Motorcycle Ownership, Safety Initiatives)
3.3.2 Collaborations Between Manufacturers and Safety Bodies (Partnerships, Joint Ventures)
3.3.3 Introduction of Smart Airbag Systems (Connected Devices, IOT Integration)
3.3.4 Expansion in Aftermarket Segment (Airbag Retrofitting, Customization)
3.4 Trends
3.4.1 Integration of Airbags in Protective Clothing (Wearable Airbags, Airbag Jackets)
3.4.2 Shift Toward Modular Airbag Systems (Replaceable Airbags, Flexible Design)
3.4.3 Increased Focus on Lightweight Materials (Enhanced Mobility, Comfort Improvements)
3.4.4 Airbags for Electric Motorcycles (New Designs for EVs, Battery Protection)
3.5 Government Regulation
3.5.1 International Safety Standards (UNECE Regulations, ISO Standards)
3.5.2 Regional Safety Mandates (NHTSA Guidelines, Euro 5 Regulations)
3.5.3 Subsidies for Safety Equipment (Government Grants, Incentives for Safety Gear)
3.5.4 Public Awareness Campaigns (Government-Led Safety Campaigns, Awareness Drives)
3.6 SWOT Analysis
3.6.1 Strengths
3.6.2 Weaknesses
3.6.3 Opportunities
3.6.4 Threats
3.7 Stake Ecosystem
3.7.1 Motorcycle Manufacturers (OEM Partnerships, Tier 1 Suppliers)
3.7.2 Airbag Technology Providers (Technology Innovations, Major Providers)
3.7.3 Insurance Companies (Impact on Premiums, Liability Regulations)
3.8 Porters Five Forces
3.8.1 Threat of New Entrants
3.8.2 Bargaining Power of Suppliers
3.8.3 Bargaining Power of Buyers
3.8.4 Threat of Substitutes
3.8.5 Industry Rivalry
3.9 Competition Ecosystem
3.9.1 Key Motorcycle Airbag Providers (Competitive Landscape, Airbag Products)
4.1 By Product Type (In Value %)
4.1.1 Vest-Type Airbags
4.1.2 Jacket-Type Airbags
4.1.3 Standalone Airbags
4.1.4 Motorcycle-Mounted Airbags
4.2 By End-User (In Value %)
4.2.1 Professional Riders (MotoGP, Superbike Racing)
4.2.2 Daily Commuters
4.2.3 Recreational Riders
4.2.4 Touring Riders
4.3 By Sales Channel (In Value %)
4.3.1 OEMs
4.3.2 Aftermarket
4.3.3 Online Platforms
4.3.4 Specialty Stores
4.4 By Deployment Type (In Value %)
4.4.1 Mechanical Airbags
4.4.2 Electronic Airbags
4.5 By Region (In Value %)
4.5.1 North America
4.5.2 Europe
4.5.3 Asia-Pacific
4.5.4 Latin America
4.5.5 Middle East & Africa
5.1 Detailed Profiles of Major Companies
5.1.1. Alpinestars S.p.A.
5.1.2. Dainese S.p.A.
5.1.3. Honda Motor Co., Ltd.
5.1.4. Hit-Air (Mugen Denko Co., Ltd.)
5.1.5. Helite
5.1.6. Spidi Sport S.r.l.
5.1.7. BMW Motorrad
5.1.8. Ducati Motor Holding S.p.A.
5.1.9. Rev'It!
5.1.10. Tech-Air by Alpinestars
5.1.11. Klim
5.1.12. RST Moto
5.1.13. Yamaha Motor Co., Ltd.
5.1.14. Suzuki Motor Corporation
5.1.15. Triumph Motorcycles
5.2 Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Product Range, Technology Patents, Regional Reach, Safety Features, Pricing)
5.3 Market Share Analysis
5.4 Strategic Initiatives
5.5 Mergers And Acquisitions
5.6 Investment Analysis
5.7 Venture Capital Funding
5.8 Government Grants
5.9 Private Equity Investments
6.1 International Safety Regulations
6.2 Certification Processes
6.3 Compliance Requirements
6.4 Environmental Regulations for Materials
7.1 Future Market Size Projections
7.2 Key Factors Driving Future Market Growth
8.1 By Product Type (In Value %)
8.2 By End-User (In Value %)
8.3 By Sales Channel (In Value %)
8.4 By Deployment Type (In Value %)
8.5 By Region (In Value %)
9.1 TAM/SAM/SOM Analysis
9.2 Consumer Behavior Analysis
9.3 Marketing Strategy Insights
9.4 White Space Opportunity Analysis
In the first phase, we mapped the entire ecosystem of the global motorcycle airbag market. This was done using desk research and analyzing secondary data sources, including industry reports, government publications, and safety guidelines. Our objective was to identify all critical variables influencing the market, including regulations, product innovations, and rider demographics.
We collected and analyzed historical data on motorcycle sales, adoption rates of safety gear, and airbag deployment. The construction of market dynamics was backed by data on safety equipment adoption, regulations, and technological advancements in motorcycle airbag systems. Revenue estimates were cross-checked using market performance indicators across different regions.
Key industry experts from top motorcycle brands and safety gear manufacturers were consulted to validate our hypotheses. Interviews were conducted through computer-assisted telephone interviews (CATIs) to gain insights into product performance, pricing, and consumer preferences. This validation process was critical in fine-tuning the market analysis.
In the final phase, data was synthesized, incorporating the insights gathered from industry practitioners. Our research included a bottom-up approach for data verification, focusing on key product segments and technological innovations. The final output reflects a comprehensive, validated view of the global motorcycle airbag market.
The global motorcycle airbag market is valued at USD 415 million. The market has been steadily growing due to increased motorcycle sales and rising focus on rider safety.
Challenges in the global motorcycle airbag market include high costs associated with airbag integration, lack of standardization in different regions, and limited awareness about airbag technology, especially in developing markets.
Major players in the global motorcycle airbag market include Alpinestars, Dainese, Honda Motor Co., Ltd., Hit-Air, and Helite. These companies dominate the market due to their extensive focus on safety innovations and partnerships with motorcycle manufacturers.
The market is propelled by government initiatives for rider safety, rising motorcycle ownership, and advancements in airbag technology, such as faster deployment systems and sensor accuracy.
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