Motorcycle Helmets Market - Snapshot

Safety is an important concern for bike riders, and helmets play a crucial role in ensuring safety. A motorcycle crash may result in head injuries, as a result of either excessive acceleration–deceleration or through a direct contact with hard objects. In the event of a traffic crash, motorcycle helmets provide the best protection from head injury to motorcyclists. The motorcycle helmet is manufactured to minimize the risk of all kinds of head injuries. Helmet regulations and standards have been developed globally to test the effectiveness of helmets in providing protection. In many low-middle and low income countries, motorcycles are the main form of motorized transport. In some of these countries, economic progress has caused sharp increase in number of motorcycles in use. Helmets are the only safety measure proven to save lives, with no negative health effects from its use. Motorcycle helmets do not limit a rider’s ability to see a vehicle in the next lane or to hear important sounds.

motorcycle helmets market

The global motorcycle helmets market is expected to reach around US$ 3,516.5 Mn by 2027. The Asia Pacific motorcycle helmets market garnered the highest share, accounting for US$ 978.4 Mn in 2017. The market dynamics of the global motorcycle helmets market are subject to factors mainly related to the increase in sale of two wheelers across the world and enforcement of traffic laws & road safety regulations. Asia Pacific and Europe dominate the motorcycle helmets market. Sale of two wheelers is increasing across the world. According to European Association of Motorcycle Manufacturers (ACEM), the number of motorcycles registered in the EU was 830,694 units in the first nine months of 2018. In Asia Pacific, sale of two wheelers especially in India (which has emerged as the largest two wheeler market in the world) has increased. In India, as per Society of Indian Automobile Manufacturers (SIAM), the domestic sale of two wheelers increased from 1.3 million in 2012-13 to 2 million in 2017-18 at a CAGR of 7.9%. Hence, rise in motorcycle sales is expected to propel the growth of the motorcycle helmets market over the forecast period. Moreover, regulatory authorities across the world are enforcing stringent traffic safety regulations regarding the usage of helmets, leading to rise in acceptance of motorcycle helmets and other safety accessories to prevent fatal injuries. The impact of this driver on the motorcycle helmets market is expected to be high during the forecast period. 

One of the major challenges affecting the growth of the motorcycle helmets market is the lack of awareness about road safety in emerging economies. Globally, the number of road traffic deaths is increasing; however, road traffic awareness among drivers is still lacking. As per WHO, globally the number of road traffic deaths have increased from 1.15 million in 2000 to 1.35 million in 2016. The lack of road traffic awareness is higher in developing regions and least developed countries. In 2016, the vehicle share in low-income countries was 1% but its road traffic death share was 13.0%.In India, wearing helmets while riding a motorcycle is ridiculed. As per UN reports, wearers of low quality helmets get more severely injured in case of accidents. Thus, lack of road safety awareness in developing and low-income countries is a major hindrance to the growth of branded driving protection gear products. 

Increase in demand for luxury motorbikes across the globe and rising popularity of motorcycle racing events & championships are the key factors anticipated to create good growth opportunity for motorcycle helmets manufacturers. Rapid increase in demand for luxury motorbikes has created huge opportunity for helmet manufacturers worldwide. The Asia Pacific region has seen a rise in sale of luxury motorbikes over the last few years. Furthermore, the popularity of motorsports and national & international level racing championships is rapidly increasing across the world. Leading automobile manufacturers such as Honda, Suzuki, Ducati, Yamaha, and Repsol Honda play a vital role in the success of the sport through dealer promotion, advertising, and also by offering financial and technological support to teams, riders, and track operators. 

Some of the key players profiled in the global motorcycle helmets market are ARAI Helmets, Bell Helmet, Dainese S.p.A (AGV), Manufacturas Tomas SA, HJC Helmets, Nolan Helmets SpA, Schuberth GmbH, Shark Helmets, Shoei Co. Ltd., and Studds Accessories Ltd.

The motorcycle helmets market is segmented as below. 

By Product

  • Full Face Helmet
  • Half Face Helmet
  • Open Face Helmet 

By Price Points

  • Low Price (Less than US$ 50)
  • Medium Price (US$ 50 – US$ 200)
  • High Price (More than US$ 200) 

By Application

  • On-Road
  • Off-Road 

By Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

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Motorcycle Helmets Market - Overview

The motorcycle helmets market report provides the market size and forecast (value & volume) for the global market and its segments for the period from 2016 to 2027 along with the growth rate (CAGR) from 2019 to 2027, considering 2017 as the base year. Actual data is for April - December 2018 and estimated for January - March 2019. The report covers all the major driving factors and key trending topics impacting the growth of the motorcycle helmets market over the forecast period. It also highlights the restraints and opportunities expected to influence the market during the aforesaid period. The study provides a comprehensive outlook on the growth of the motorcycle helmets market throughout the forecast period in terms of revenue (in US$ Mn) and volume (Thousand Units), across different geographies, including Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).

The report covers the entire overview of the market including the market dynamics such as drivers, restraints, opportunities, and trends that are predicted to leverage the existing nature and prospective status of this market. The relationship between diverse industries is explained under the ecosystem analysis. Furthermore, the several internal and external factors affecting the motorcycle helmets market are studied through the industry SWOT analysis. The competitive position of the motorcycle helmets market is studied through the Porter’s Five Forces Analysis. Additionally, current indicators of diverse macro-economic factors are contextualized under key market indicators. 

The motorcycle helmets market has been provided in (US$ Mn) in terms of revenue and (Thousand Units) in terms of volume, as well as the CAGR (%) for the forecast period 2019 to 2027. The motorcycle helmets market is a global report studied on the basis of product, price points, application, and region. Additionally, under the regional sections, the price trend has been incorporated to ascertain the regional impact of the same. The incremental opportunity analysis has been figured out in order to determine the most attractive segment in the coming years. 

The report also highlights the competitive landscape of the motorcycle helmets market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive motorcycle helmets market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the growth of the motorcycle helmets market. Besides, competition matrix and market share analysis has been included under the competitive landscape to understand the top players’ contribution to the motorcycle helmets market. Each company is studied on the basis of basic information, financial highlights, revenue highlights of regional contribution and segment contribution, and product portfolio. Additionally, the company strategy and recent developments if any are also incorporated under each company profile section. 

The global motorcycle helmets market report has profiled the top players having a global presence such as ARAI Helmets, Bell Helmet, Dainese S.p.A (AGV), Manufacturas Tomas SA, HJC Helmets, Nolan Helmets SpA, Schuberth GmbH, Shark Helmets, Shoei Co. Ltd., and Studds Accessories Ltd. 

The motorcycle helmets market is segmented as below. 

By Product

  • Full Face Helmet
  • Half Face Helmet
  • Open Face Helmet 

By Price Points

  • Low Price (Less than US$ 50)
  • Medium Price (US$ 50 – US$ 200)
  • High Price (More than US$ 200) 

By Application

  • On-Road
  • Off-Road 

By Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America
.