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Motorcycle Helmet Market Revenue To Touch $5.10 Billion By 2025 Due To Rising Concerns of Road Accidents And Increasing Awareness Regarding Safety | Million Insights

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Motorcycle Helmet Market Revenue To Touch $5.10 Billion By 2025 Due To Rising Concerns of Road Accidents And Increasing Awareness Regarding Safety | Million Insights

July 19
07:20 2021
Motorcycle Helmet Market Revenue To Touch $5.10 Billion By 2025 Due To Rising Concerns of Road Accidents And Increasing Awareness Regarding Safety | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global motorcycle helmets industry report offers the most up-to-date data on current market scenario, trends and future outlook. This study provides numerous opportunities for market players to invest for research and development in the market.

The global Motorcycle Helmet Market size is projected to touch USD 5.10 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 6.9% through the forecast period of 2019-2025. Increasing awareness regarding safety while driving to avoid road accidents is expected to propel the growth of the market. Additionally, stringent rules regarding wearing helmets by the riders as well as their pillions is expected to further drive the demand of the product.

Full face helmets in the product category is anticipated to grow at the fastest CAGR of 7% over the forecast period. Key manufacturers like Caberg S.p.a., Arai Helmet Ltd, HJC Europe S.A.R.L, Dainese SpA, Shoei Co. Ltd, Schuberth GmbH, and FOX are constantly introducing new products to capture a large consumer base. For example, Shoei Co. Ltd., a Japanese helmet manufacturer, had announced in February 2019 to introduce a Head-up Display (HUD) equipped motorbike helmet by 2020. This special feature would help riders in navigation by displaying directions, distance, lanes, weather and traffic in the HUD, as more information would tend to distract the rider from driving.

To download the sample pdf of Motorcycle Helmet Market Report “Please” click here: https://www.millioninsights.com/industry-reports/global-motorcycle-helmet-market/request-sample

U.S. motorcycle helmet market

Asia Pacific is anticipated to grow at the fastest CAGR of 7.2% over the forecast period due to large number of two-wheeler owners present in countries like India, Indonesia, Malaysia and China. Moreover, over the last few years key manufacturers are adopting marketing strategies like launching innovative products, focusing on e-commerce, exclusive stores and celebrity endorsements to meet the increasing demand for technologically advanced products. For example, Steelbird Helmets introducedSBA-1 HF helmet in January 2019, which has an in-built hands-free Bluetooth connectivity for allowing riders to answer calls and listen to music while they are driving.

Key manufacturers functioning in the motorcycle helmets market include BELL HELMET, Royal Enfield, Alpinestars S.p.A, STUDDS, Caberg S.p.a.,Arai Helmet Ltd, HJC Europe S.A.R.L, Dainese SpA, Shoei Co. Ltd,Schuberth GmbH, and FOX. These companies continuously launch new products that attributes for their success in this industry.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-motorcycle-helmet-market

Global motorcycle helmet market

Further key findings from the report suggest:

• North America accounted for over USD 500 million in the total revenue generated in 2018

• Full face helmets is anticipated to dominate the motorcycle helmet market with over 70% of share in the total global revenue by 2025

• Online distribution channel is anticipated to grow at the fastest CAGR of 7.4% over the forecast period

Million Insights has segmented the global motorcycle helmets market on the basis of product, distribution channel, and region:

Motorcycle Helmets Product Outlook (Revenue, USD Million, 2015 – 2025)
    • Full Face
    • Half Face
    • Open Face

Motorcycle Helmets Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)
    • Offline
    • Online

Motorcycle Helmets Regional Outlook (Revenue, USD Million, 2015 – 2025)
    • North America
        • U.S.
    • Europe
        • Germany
        • U.K.
        • France
    • Asia Pacific
        • India
        • China
    • Central & South America
        • Brazil
    • Middle East & Africa

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-motorcycle-helmet-market


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