Motorcycle Airbag Market Size Surges USD 150.15 Bn by 2034

Motorcycle Airbag Market Size, Research, Trends and Forecast

According to market projections, the motorcycle airbag sector is expected to grow from USD 20.66 billion in 2024 to USD 150.15 billion by 2034, reflecting a CAGR of 21.94%. North America leads the motorcycle airbag market, driven by the rising demand for performance bikes. Asia Pacific is set to grow fastest, fueled by increasing superbike sales. The sports segment dominates due to growing interest in sports bikes, while airbag modules lead due to safety concerns and tech advancements.

Last Updated: 21 February 2025 Category: Automotive Components Insight Code: 1555 Format: PDF / PPT / Excel

Senior Research Analyst

Dr. Arjun Patel

Reviewed By

Aditi Shivarkar

Motorcycle Airbag Market Strategic Analysis & Growth Opportunities

The motorcycle airbag market size is projected to reach USD 150.15 billion by 2034, growing from USD 25.19 billion in 2025, at a CAGR of 21.94% during the forecast period from 2025 to 2034.

Motorcycle Airbag Market Size 2023 - 2034

Introduction

The motorcycle airbag market is a crucial segment of the two-wheeler industry. This industry deals in manufacturing and distribution of airbags for motorcycles. There are several components of these airbags consisting of crash sensor, airbag module, airbags, inflator, airbag ECU. These airbags are used for different types of motorcycles comprising of standard motorcycles, sports motorcycles, cruiser motorcycles, touring motorcycles, scooters motorcycles and some others. The growing sales of motorcycle in different parts of the world has contributed to the industrial expansion. This market is expected to rise significantly with the growth of the automotive sector in different parts of the world.

UK Motorcycle Sales Stats (2023-24)

  • According to the Motor Cycle Industry Association Limited, around 5859 motorcycles were sold in UK during 2023 that increased to 6615 in 2023.

Highlights of the Motorcycle Airbag Market

  • North America held the dominant share of the motorcycle airbag market due to the growing demand for performance bikes in this region.
  • Asia Pacific is expected to grow with the highest CAGR due to the rising sales of superbikes in this region.
  • The sports segment dominated the market due to the upsurge in demand for sports bike among riding enthusiasts.
  • The airbag module segment led the market due to the increasing demand for safety in motorbikes along with technological advancements in two-wheeler industry.
  • The motorcycle companies are investing heavily for developing advanced airbags to enhance safety in touring and high-performance bikes.
  • Several motorcycle companies are collaborating with airbag manufacturers to integrate airbags in motorcycles.
  • According to the Ministry of Transport, there were around 516 injury crash cases of motorbikes in New Zealand in 2023.
  • According to the Bikelawyer stats, there were 5481 reported cases of seriously injured motorcyclist in UK during 2023.

Industry Leader Announcement

In June 2023, Cecilia Sunnevang, the Vice President of Autoliv announced that, “To reach the global target of halving road traffic fatalities we need to increase the safety for powered two-wheeler riders. Through working with real life data, we understand the most frequent crashes and injury types and how to assess them in a laboratory environment. Through virtual and physical testing, we have demonstrated the benefit of the airbag in frontal crashes, and we acknowledge that there is a need for additional solutions to cover more crash situations and rider behaviors.”

Competitive Landscape

Motorcycle Airbag Market Companies

The motorcycle airbag market is a consolidated industry with the presence of several dominating players. Some of the crucial players in this industry consists of Autoliv (Sweden), Honda (Japan), Yamaha (Japan), Takata (Japan) and some others. These companies are constantly engaged in developing airbags for motorcycles and adopting various strategies to maintain their dominant position in this industry.

Autoliv Geographical Revenue Share (2023)

  • According to the annual report of Autoliv, America contributed around 34% of the revenue followed by Europe and other regions.

Market Segmentations

By Component

  • Crash Sensor
  • Airbag Module
  • Airbag
  • Inflator
  • Airbag ECU

By Motorcycle Type

  • Standard
  • Sports
  • Cruiser
  • Touring
  • Scooters

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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About The Author

Dr. Arjun Patel is a distinguished expert in the automotive industry, holding advanced degrees in Automotive Engineering and Mechanical Engineering. His expertise spans automotive market dynamics, technological advancements, and sustainable practices. Dr. Patel excels in conducting in depth research and analysis on market trends, consumer preferences, and the economic implications within the automotive sector. He is renowned for his insightful publications on topics such as electric vehicles, autonomous driving technologies, and the evolution of sustainable transportation solutions. Dr. Patels research contributions have significantly advanced understanding in the field, earning him recognition as a leading authority in automotive research and analysis.

FAQ's

The motorcycle airbag market is valued at US$ 25.19 billion in 2025.

North America dominated this industry.

The growing sales of motorcycles coupled with rising demand for safety features in bikes has driven the market growth.

Some of the prominent players of this industry consists of Autoliv (Sweden), Honda (Japan), Yamaha (Japan), Takata (Japan), Piaggio (Italy) and some others.

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