About Motorcycle Helmets
The motorcycle helmet is used for motorcycle driver safety to protect the head. Rising concerns regarding road traffic injuries increasing the number of motorcycle helmets demand in the market. The regulatory authorities across the world are enforcing stringent traffic safety regulations regarding the usage of helmets, leading to a rise in the acceptance of motorcycle helmets.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Japan and Italy Vendors will contribute the maximum growth to Global Motorcycle Helmets 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.
Bell (United States), Schuberth (Germany), Nolan (Italy), OGK Kabuto (Japan), Shoei (Japan), Suomy (Italy), HJC (France), AGV (Italy), Arai (Japan), Shark (France) and Airoh (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Studds (India), LAZER (Europe), Pengcheng Helmets (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Helmets market by Type (Full face helmet, Open Face Helmet and Half Helmet), Application (Motorcycle, Scooter and Step-Through) and Region.
On the basis of geography, the market of Motorcycle Helmets 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 Material , the sub-segment i.e. Kevlar will boost the Motorcycle Helmets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price, the sub-segment i.e. Low Price will boost the Motorcycle Helmets market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Smart Helmets
Market Growth Drivers:
Rising awareness regarding road safety and increasing number of motorbikes
Challenges:
Availability of Substitutes in the Market
Opportunities:
Sale of two-wheelers is increasing across the world and Increasing Government Regulations on the Use of Motorcycle Helmets
Market Leaders and their expansionary development strategies
In January 2024, The world of action cameras and motorcycles go hand-in-hand, which seems to have led to the world’s largest action camera brand, GoPro, wanting a bigger footprint in the segment via the acquisition of the motorcycle helmet manufacturer Forcite.
In June 2023, Helmet manufacturer SteelBird has partnered with Transformers: Rise of the Beast to introduce a unique collection of officially licensed helmets. The new range of Transformers Helmets by SteelBird will be available for purchase exclusively on e-commerce platform, Flipkart.
Key Target Audience
Manufacturers of Motorcycle Helmets, Suppliers of Motorcycle Helmets Parts, Wholesalers, Distributors, and Retailers of Motorcycle Helmets, Governmental Bodies, Research Firms 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.