About Cycling Helmet
A cycling helmet is an important accessory that prevents head injury in case of accidents among bicyclers and are compulsory in most cycling events. Cycling helmets sit securely over the head and can be secured with a strap under the chin. With the latest technology, cycling helmets nowadays are lightweight, with improved aerodynamics, and offer better ventilation. Stringent road safety regulations and strict government rules around the world is expected to drive the cycling helmet market during the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Cycling helmet market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Cycling Helmet market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Vista Outdoor Inc. (United States), Trek Bicycle Corporation (United States), Giant Manufacturing Co. Ltd. (Taiwan), LIVALL Tech Co., Ltd (United States), Mavic (France), Scott Sports (Switzerland), KASK (Italy), MET-Helmets (Italy), OGK KABUTO (Japan), Uvex (Germany) and POC Sports (Sweden) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Moon Helmet (China), Urge Bike Products (France), Orbea (Spain) and LAS helmets (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Cycling Helmet market by Type (MTB Helmets, Road Helmets and Sport Helmets), Application (Commuter & Recreation and Sport Games) and Region.
On the basis of geography, the market of Cycling Helmet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online (e-Commerce Websites, Company Websites) will boost the Cycling Helmet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Nylon will boost the Cycling Helmet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Women will boost the Cycling Helmet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Lightweight Helmets and Growing Adoption of Specialized Aerodynamic and Ventilation Design
Market Growth Drivers:
Rising Environmental Concerns have led to growth in the Number of Cyclists across the Globe and Increasing Bicycle Riding Events and Rising Popularity of the Cycling
Challenges:
Presence of Unorganized Players
Restraints:
High-cost Associated Cycling Helmet
Opportunities:
Technological Advancement and Development in Design and Material for Safety
Market Leaders and their expansionary development strategies
In June 2020, Thousand has launched the new Chapter helmet. Designed specifically with urban mobility and performance in mind, the Chapter helmet offers modern safety and innovative technology features for cyclists at all levels.
In January 2020, LIVALL has today announced the U.S. product launch and the debut of the BH51M Neo to their current line of award-winning smart and safe helmets at the 2020 International CES.
Key Target Audience
Cycling Helmet Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.