Global Wearable Airbag Market Overview:
Wearable airbag for the elderly that is worn around the waist and fastened like such a seatbelt and automatically inflates to defend the wearer's hip and lower back when it detects a fall. A wearable airbag device is a countermeasure that can be used in all of these situations. Wearable airbag systems for protection against falls from great heights, wheelchair overturns, and falls on the same level were developed and tested. The systems are made up of an airbag, a sensor, an inflator, and a jacket. When the sensor detects a fall, the airbag deploys to protect the user. The effectiveness of these devices was demonstrated in fall tests that use dummies with and without airbags. During the system experiments, The airbags reduced the impact acceleration for falls of less than 2m, and the Head Injury Criterion (HIC) values were less than 1,000, meeting the auto-crash test requirement.
|Unit||Value (USD Million)|
|Key Companies Profiled||D-Air Lab Srl (Italy), Love Life and Ride Ltd (United Kingdom), Safeware Inc. (South Korea), Dianese (Italy), S-AIRBAG (China), Ducati Motor Holding (Italy), Alpinestars (United States), Helite (France), hit-air (France), MANYSOLUTIONS (Irealnd) and Hip-Hope Technologies (Israel)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Increasing Demand For Occupant Safety
- The Rising Awareness About Safety Among The Consumers
- High Price Associated With Wearable Airbag
- Increasing Popularity Of Ski Touring And Freeriding
- Huge Demand Due To Online Availability
- Huge Demand From Emerging Countries Owing To Increasing Popularity
- Growing Concern Related Higher Possibility Of Avalanche Fatalities
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are D-Air Lab Srl (Italy), Love Life and Ride Ltd (United Kingdom), Safeware Inc. (South Korea), Dianese (Italy), S-AIRBAG (China), Ducati Motor Holding (Italy), Alpinestars (United States), Helite (France), hit-air (France), MANYSOLUTIONS (Irealnd) and Hip-Hope Technologies (Israel). Analyst at AMA Research see Italy Vendors to retain maximum share of Global Wearable Airbag market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Wearable Airbag market.
On 7 January 2022, Alpinestars is showcasing over 55 years of technology innovation and product development in motorcycling and motorsports protection with the launch of the all new Tech-Air 10, Tech-Air 3, and Tech-Air OFF-ROAD V2 autonomous Airbag Systems.
What Can be Explored with the Wearable Airbag Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wearable Airbag Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wearable Airbag
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wearable Airbag market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wearable Airbag market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Wearable Airbag Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. Who are the top performing companies in Wearable Airbag Market?
Top performing companies in the Global Wearable Airbag market are D-Air Lab Srl (Italy), Love Life and Ride Ltd (United Kingdom), Safeware Inc. (South Korea), Dianese (Italy), S-AIRBAG (China), Ducati Motor Holding (Italy), Alpinestars (United States), Helite (France), hit-air (France), MANYSOLUTIONS (Irealnd) and Hip-Hope Technologies (Israel), to name a few.2. What trending factors would impact Wearable Airbag Market growth most?
"Growing Popularity About Smart Wearable Airbag Among Consumer" is seen as one of major influencing trends for Wearable Airbag Market during projected period 2021-2027.