Home » Bike Airbag Jacket Market to develop at a CAGR of 15.37% by 2026

Bike Airbag Jacket Market to develop at a CAGR of 15.37% by 2026

NEW YORK, March 16, 2022 /PRNewswire/ — The bike airbag jacket market is fragmented and the distributors are deploying development methods akin to investing closely in RD for growing refined airbag jacket applied sciences and rising their market penetration to compete out there. Entry Equip Motos France, Alpinestars USA Inc., Bering Moto, CLOVER IT Srl, Dainese Spa, DPI Security Srl, Furygan, GIMOTO SRL, Moto Direct Ltd., MOTOAIR, Mugen Denko Co. Ltd., Pierer Konzerngesellschaft mbH, Level Two Air Vests USA LLC, Polaris Inc., Spidi Sport Srl, The Merlin Partnership Ltd., and Helite Moto are a few of the main market contributors. The bike airbag jacket market is about to develop by USD 136.06 million from 2021 to 2026, progressing at a CAGR of 15.37% in response to the newest market report by Technavio.

Technavio has introduced its newest market analysis report titled Bike Airbag Jacket Market by Product and Geography – Forecast and Evaluation 2022-2026

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Bike Airbag Jacket Market 2022-2026: Scope

Our bike airbag jacket market report covers the next areas:

Bike Airbag Jacket Market 2022-2026: Drivers & Challenges

The important thing issue driving development within the bike airbag jacket market is the excessive adoption price of protecting gear. The rising demand for high-performance bikes has necessitated the introduction of efficient security rules pertaining to accountable two-wheeler driving. Transport regulatory authorities all over the world are selling the usage of security attire to safeguard towards vital accidents within the occasion of an accident. An airbag jacket is a classy piece of wearable physique armor that may soak up the vast majority of the affect in case of a collision. Security gear producers all over the world are experimenting with superior supplies, akin to Kevlar, to develop light-weight and agile protecting clothes.

Nonetheless, the excessive buying price limits adoption shall be a serious problem for the bike airbag jacket market in the course of the forecast interval. A motorbike airbag jacket generally is a important resolution to curb fatalities from accidents because it protects the rider from extreme accidents to the higher torso. Although there are a number of fashions of airbag jackets obtainable out there, the adoption price has been restricted because of the exorbitant pricing. A standard leather-based jacket prices round $450 out there, whereas the market value for an airbag jacket may be as excessive as $3,000. Such discriminative pricing methods adopted by airbag jacket producers to showcase the distinctive safety expertise integrated into the jacket have restricted the attraction of their product choices on a wider scale. Furthermore, there aren’t any current international requirements pertaining to airbag jackets. Therefore, the excessive price of airbag jackets would restrict the adoption price and hinder the market development.

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Bike Airbag Jacket Market 2022-2026: Segmentation

Bike Airbag Jacket Market 2022-2026: Income Producing Phase & Regional Evaluation

  • The bike airbag jacket market share development by the airbag vest phase shall be important for income technology. The augmented enterprise prospects of the market in focus are selling strategic collaborations between airbag vest producers for growing refined product choices. In November 2018, KLIM introduced a partnership with Inmotion, a subsidiary of ACCESS EQUIP MOTOS FRANCE, for enhancing the protection of its high-end weatherproof clothes with the event of a wearable airbag vest.

  • 37% of the market’s development will originate from Europe in the course of the forecast interval. France, Germany, and the UK are the important thing markets for bike airbag jackets in Europe. Market development on this area shall be sooner than the expansion of the market within the North American and MEA areas. The excessive manufacturing and gross sales of bikes in Western European nations will facilitate the bike airbag jacket market development in Europe over the forecast interval.

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Bike Airbag Jacket Market 2022-2026: Key Highlights

  • CAGR of the market in the course of the forecast interval 2022-2026

  • Detailed data on elements that can help bike airbag jacket market development in the course of the subsequent 5 years

  • Estimation of the bike airbag jacket market measurement and its contribution to the mum or dad market

  • Predictions on upcoming tendencies and adjustments in shopper habits

  • The expansion of the bike airbag jacket market

  • Evaluation of the market’s aggressive panorama and detailed data on distributors

  • Complete particulars of things that can problem the expansion of motorbike airbag jacket market distributors

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Bike Airbag Jacket Market Scope

Report Protection

Particulars

Web page quantity

120

Base yr

2021

Forecast interval

2022-2026

Development momentum & CAGR

Speed up at a CAGR of 15.37%

Market development 2022-2026

USD 136.06 million

Market construction

Fragmented

YoY development (%)

12.91

Performing market contribution

Europe at 37%

Aggressive panorama

Main corporations, aggressive methods, shopper engagement scope

Firms profiled

Entry Equip Motos France, Alpinestars USA Inc., Bering Moto, CLOVER IT Srl, Dainese Spa, DPI Security Srl, Furygan, GIMOTO SRL, Moto Direct Ltd., MOTOAIR, Mugen Denko Co. Ltd., Pierer Konzerngesellschaft mbH, Level Two Air Vests USA LLC, Polaris Inc., Spidi Sport Srl, The Merlin Partnership Ltd., and Helite Moto

Market Dynamics

Guardian market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing phase evaluation, COVID 19 affect and future shopper dynamics, market situation evaluation for the forecast interval,

Customization purview

If our report has not included the info that you’re on the lookout for, you may attain out to our analysts and get segments custom-made.

Desk Of Contents :

1 Govt Abstract

2 Market Panorama

3 Market Sizing

4 5 Forces Evaluation

5 Market Segmentation by Product

6 Buyer Panorama

7 Geographic Panorama

8 Drivers, Challenges, and Tendencies

9 Vendor Panorama

10 Vendor Evaluation

11 Appendix

About Us

Technavio is a number one international expertise analysis and advisory firm. Their analysis and evaluation concentrate on rising market tendencies and gives actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, overlaying 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising shopper base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to determine alternatives in current and potential markets and assess their aggressive positions inside altering market situations.

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SOURCE Technavio