A recent report published by Infinium Global Research on motorcycle helmets market provides in-depth analysis of segments and sub-segments in the global as well as regional motorcycle helmets market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional motorcycle helmets 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 helmets market. According to the report, the global motorcycle helmets market is projected to grow at a CAGR of 9.4% over the forecast period of 2019-2025.
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.
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. 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.
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.
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 helmets 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.
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