A recent report published by Infinium Global Research on motorcycle connected helmet market provides in-depth analysis of segments and sub-segments in the global as well as regional motorcycle connected helmet market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional motorcycle connected helmet market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global motorcycle connected helmet market. According to the report, the global motorcycle connected helmet market is projected to grow at a CAGR of 20.57% over the forecast period of 2019-2025.
The growing motorcycle industry also drives the motorcycle accessories market. The motorcycle accessories include jackets, helmets, gloves, and shoes, which facilitates riders during driving the motorcycle. The advances in technology have developed innovative accessories that help to make riding pleasurable. Motorcycle connected helmets are the advanced helmets with the feature of connectivity to other devices. The motorcycle connected helmet market is a relatively new market and it is fragmented in nature. A number of local and multinational players compete with each other for their part of market share. Key market players including Schuberth GmbH, Dainese S.p.A, Sena Technologies, Inc., Jim O’Neal Distributing, Inc., BITwave PTE, Ltd. and others are focusing on developing new technologies in the helmets for better safety and connectivity.
The rise in the incidences of motorcycle accidents is the major factor driving the motorcycle connected helmet market. Moreover, the rise in the sale of bikes is expected to boost the motorcycle connected helmet market. Furthermore, increasing awareness among riders regarding motorcycle safety is further propelling the motorcycle connected helmet market. However, the high cost of connected helmet technology is the major factor hampering the growth of the motorcycle connected helmet market. Additionally, the development of smart connected helmets is expected to provide opportunities for the motorcycle connected helmet suppliers in the future.
In terms of region, the motorcycle connected helmet market in North-America generates the highest revenue. The motorcycle connected helmet market in this region holds a large amount of share of the global market. The domination of the North-America region in the motorcycle connected helmet market attributes to the technological developments, rising inclination of riders towards safety and launch of new models with advanced features. Moreover, the presence of the key market players in the region is expected to boost the growth of the motorcycle connected helmet market in North-America.
The report on global motorcycle connected helmet market covers segments such as helmet type, product type, and application. On the basis of helmet type, the sub-markets include full face, half face, and open face. On the basis of product type, the sub-markets include freestanding, and embedded. On the basis of application, the sub-markets include oems, and aftermarket.
The report provides profiles of the companies in the market such as Schuberth GmbH, Dainese S.p.A, Sena Technologies, Inc., Jim O’Neal Distributing, Inc., BITwave PTE, Ltd., Shoei Co., Ltd., H&H Sports Protection USA Inc, HJC Inc., AGV Sports Group, Inc., Bell Powersports, Inc., and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of motorcycle connected helmet market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.