Global Premium Motorcycle Helmets Market, By Type (Full Face, Open Face, Flip-Up, Others), Material Type (Kevlar, Fiber Glass, Carbon Fiber, Plastics, Others), Technology (Conventional Premium Helmets, Smart Helmets), Application (Scooters, Motorcycles, Step-Through, Others), End-User (Commuters, Racers), Distribution Channel (Offline, Online), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Premium Motorcycle Helmets Market
The premium motorcycle helmets market is expected to be growing at a growth rate of 8.80% in the forecast period of 2022 to 2029 and is likely to reach the USD 475.15 million by 2029.
A motorcycle helmet is a type of protective equipment worn by riders to protect them from head injuries in the event of an accident. Premium helmets are made from high-quality materials including carbon fiber, polymers, fiberglass and synthetic fibers, which provide increased tensile strength and security. They're also lighter, smaller, and have a more streamlined design, as well as removable, washable, and changeable internal padding that wicks sweat away faster than traditional alternatives. In comparison to inexpensive helmets, they come with capabilities like Bluetooth connectivity and a global positioning system (GPS) that allow the rider to make calls and receive navigation feedback while on the road.
The increase in the preference towards high quality safety gears is likely to drive the demand of premium motorcycle helmets market. The rising level of disposable income of people and expanding automotive industry are some of the factors driving the premium motorcycle helmets market. Other significant factors such as the rise in the awareness among people about the significance of wearing helmets and strict government regulations linked with use of helmets will accelerate the market growth rate. Furthermore, upsurge in the strong demand for various end-use industries will positively impact the market’s growth rate. Additionally, increase in the demand for helmets because of the use of superior quality material which is easy to remove as well as wash and hence will further cushion the growth rate of market. Also, rising popularity of customized options for bike racing and superbikes will further increase the demand of premium motorcycle helmets market.
Moreover, the rise in number of clubs as well as communities of bikers and the addition of add on features including health trackers and various connectivity features in premium helmets will create lucrative market growth opportunities in the forecast period of 2022-2029. Also, technological advancement and emerging new markets will escalate the growth rate of market in future.
However, high cost linked with premium motorcycle helmets and complexities in sustainability will hamper the market growth rate. Additionally, the negative impact of COVID-19 on supply chain will hinder the market growth. Limited customer base and the lack of awareness in developing economies will further challenge the market in the forecast period mentioned above.
This premium motorcycle helmets market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on premium motorcycle helmets market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Premium Motorcycle Helmets Market Scope and Market Size
The premium motorcycle helmets market is segmented on the basis of type, material type, technology, end-user, distribution channel and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, premium motorcycle helmets market is segmented into full face, open face, flip-up, and others.
- Based on material type, premium motorcycle helmets market is segmented into kevlar, fiber glass, carbon fiber, plastics, and others.
- On the basis of technology, premium motorcycle helmets market is segmented into conventional premium helmets, and smart helmets.
- Based on end-user, premium motorcycle helmets market is segmented into commuters, and racers.
- On the basis of distribution channel, premium motorcycle helmets market is segmented into offline, and online. Offline has been further segmented into motorcycle showrooms, helmet manufacturer showrooms, and aftermarket.
- The application segment for premium motorcycle helmets market includes scooters, motorcycles, step-through, and others.
Premium Motorcycle Helmets Market Country Level Analysis
The premium motorcycle helmets market is analysed and market size insights and trends are provided by country, type, material type, technology, end-user, distribution channel and application as referenced above.
The countries covered in the premium motorcycle helmets market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region is predicted to continue a dominant position among other regions worldwide. This is attributable to the presence of major key players, technical innovations and continuous increase in motorcycle sales will stimulate the growth of premium motorcycle helmets market in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to the rising consumer preference of consumer towards sportier and powerful engines in this region.
The country section of the premium motorcycle helmets market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Premium Motorcycle Helmets Market Share Analysis
The premium motorcycle helmets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to premium motorcycle helmets market.
Some of the major players operating in the premium motorcycle helmets market are Shoei Co., Ltd., Schuberth GmbH, Shark SAS, JMD Helmets Pvt. Ltd., Dainese S.p.A, Arai Helmet (Europe) B.V., HJC Helmets, Shark Helmets, BELL HELMET., Nolan Helmets, LAZER HELMETS, OGK KABUTO., SUOMY Motosport s.r.l., AIROH, and Turtle Helmet Company, among others.