The latest report on “Motorcycle Helmets Market (Product – Full Face Helmet, Half Face Helmet, and Open Face Helmet; Price Range – Low Price (Less than US $50), Medium Price (US $50 – US $200), and High Price (More than US $200); Application – On-road, and Off-road): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global motorcycle helmets market is projected to grow at a CAGR of 9.4% over the forecast period of 2019-2025.
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Nowadays, motorcycle manufacturers are enforced by the government to sell helmet with the bike. Motorcycle manufacturers are in the requirement of helmets. This promotes companies to have collaborations, mergers, acquisitions, and partnerships. For instance, Sandhar Technologies, manufacturer of two-wheeler, passenger vehicles and a wide range of other products, tied up with the HJC helmets. The leading players in the motorcycle helmets market are focusing on mergers and acquisitions to expand its market share.
Rising Government Initiative and Stringent Rules Regarding the Use of Helmets Drive the Growth of the Motorcycle Helmets Market
The rising government initiative and stringent rules regarding the use of helmets drive the growth of the motorcycle helmets market. The increasing sale of motorcycles contributes to the growth of the motorcycle helmets market. Motorcycle helmets are used to protect riders from severe injuries and reduces the effect of accidents. The growing number of road accidents stimulates the demand for motorcycle helmets market. In addition, the rising demand for luxury bikes and an increasing number of motorcycle racing events boost the growth of the motorcycle helmets market.
On the flip side, lack of awareness about road safety hinders the growth of the motorcycle helmets market. With continuous innovation, there is a difficulty for the sustainability of premium helmets, which hampers the growth of the motorcycle helmets market. Moreover, the helmet design effectiveness and development of smart helmets with sound control and 360-degree visibility creates numerous opportunities for the growth motorcycle helmets market.
Asia-Pacific Region is Anticipated to be Dominant in the Motorcycle Helmet Market
Asia-Pacific region is anticipated to be dominant in the motorcycle helmet market. The rising number of two-wheelers contributes to the growth of the motorcycle helmets market in the Asia-Pacific region. In June 2018, around 1,867,865 two-wheelers were sold in India. Europe is expected to grow in the motorcycle helmets market. North America region is expected to grow in the motorcycle helmets market, owing to the increasing number of sports motorcycles in the United States and rising government rules and regulations.
The report on global motorcycle helmets market covers segments such as product, price range, and application. On the basis of product, the sub-markets include full face helmet, half face helmet, and open face helmet. On the basis of the price range, the sub-markets include low price (less than US $50), medium price (US $50 – US $200), and high price (more than US $200). On the basis of application, the sub-markets include on-road, and off-road.
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The report provides profiles of the companies in the market such as HJC Corp., Bell Sports, Inc., Shoei Co., Ltd., Arai Helmet Limited, Nolan Helmets SpA, Shark, AGV S.p.A., Schuberth GmbH, Studds Accessories Ltd, NZI Helmets, and Other companies.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the motorcycle helmets.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.