The primary role of motorcycle helmets is to provide safety. An increasing number of a motorbike is led to an increase in the demand for the motorcycle helmet market. The increasing number of death caused by road accidents are raising the adoption of a helmet for safety which propels the growth of the market. A growing need for the helmet and the increasing sports activity are also fueling the demand for the motorcycle helmet market.
MARKET SCOPE
The "Global Motorcycle helmet Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the motorcycle helmet market with detailed market segmentation by type, distribution channel, and geography. The report provides key statistics on the market status of the leading motorcycle helmet market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global motorcycle helmet market is segmented into full face and half face.
- On the basis of distribution channel, the market is segmented into offline and online.
MARKET DYNAMICS
Drivers
- Growing awareness and an increase in safety concerns among the people is the major factor that boosts the growth of the motorcycle helmet market.
- The helmet offers protection from the weather and improves the comfort of the motorcycle rider by reducing the sound of the wind. This factor is an increase in the demand for a helmet which propels the growth of the market.
- Increasing rules and regulations about safety and compulsion of the helmet on the bike
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The motorcycle helmet market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the motorcycle helmet market in these regions.
IMPACT OF COVID-19 ON MOTORCYCLE HELMET MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the motorcycle helmet market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from motorcycle helmet market are anticipated to lucrative growth opportunities in the future with the rising demand for motorcycle helmet in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the motorcycle helmet market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arai Helmet
- Caberg S.p.a.
- Dainese S.p.A
- HJC Helmets
- Nolan
- Royal Enfield
- SHOEI CO. LTD.
- Steelbird Helmets
- STUDDS Accessories Ltd.
- Vega Helmet
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.