Motorcycle Airbag Jacket Market Globally Grow at a CAGR of 5.05% by Revenue During the Forecast Period 2017-2020

Albany, NY, 18 JAN : Most countries around the world, especially developing countries, are facing intense challenges in ensuring a rider’s safety. Moreover, the absence of good riding conditions, increasing popularity of high-performance sports bikes, and poor traffic management is leading to an increasing number of road fatalities.

Motorcycles are considered one of the most vulnerable modes of transport compared to other vehicles such as passenger cars, trucks, and buses. Most often these machines are built with high-performance engines, which result in a volatile weight-to-torque ratio. These factors make motorcycles the most vulnerable machines on the roads, adding greater risk to the riding experience. In the event of crash or an accident, motorcycle riders lack the protection of an enclosed vehicle, so the probability of being injured (or even death) is disproportionately higher.

Technavios analysts forecast the global motorcycle airbag jacket market to grow at a CAGR of 5.05% during the period 2016-2020.

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Covered :
The report covers the present scenario and the growth prospects of the global motorcycle airbag jacket for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of motorcycle airbag jackets globally.

Segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Dianese
Air-Vest
Alpinestars
Helite
Moto-Air

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Other prominent vendors
Spidi
Market driver
Increasing awareness of protective gears: Setting the stage for airbag jacket
For a full, detailed list, view our report

Key challenge
Purchasing cost: A hindrance to market penetration
For a full, detailed list, view our report

Key trend
Airbag jackets: Standard safety wear by government institutions
For a full, detailed list, view our report

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This release was published on openPR.