Motor Cycle Helmet Market Synopsis
Motor Cycle Helmet Market Size Was Valued at USD 3.70 Billion in 2023, and is Projected to Reach USD 5.50 Billion by 2032, Growing at a CAGR of 4.5% From 2024-2032.
A motorcycle helmet is a protective cover designed for motorcyclists and other two-wheeled vehicles. This is a very important safety device that helps reduce the risk of head injury in the event of a crash, crash, or fall while riding a motorcycle. The main purpose of a motorcycle helmet is to protect the head and brain of the motorcyclist, who are vulnerable to accidents due to high speeds and the lack of external protection compared to closed vehicles.
- Mechanical progressions have made a difference advertise administrators to present shrewd head protectors into the worldwide advertise. Shrewd protective caps have progressed highlights to assist riders to ride effectively and effectively by maintaining a strategic distance from street mischances. A few of the keen helmet's highlights incorporate GPS network, voice help, following frameworks, cameras, Bluetooth, and Wi-Fi network.
- Smartphones can be associated to shrewd head protectors. This makes a difference riders make, get, and dismiss calls. Savvy head protectors can too aid diminish head wounds in activity mischances. Thus, the dispatch of a multifunctional savvy motorcycle helmet is anticipated to supply profitable development openings for the showcase.
- Expanding worldwide request for extravagance cruisers and the developing notoriety of bike events and championships are the key variables anticipated to form great development openings for protective cap producers. In expansion, the around the world notoriety of motorsports and hustling championships at national and worldwide levels is quickly expanding.
- Driving automakers such as Honda, Ducati, Suzuki, Yamaha, and Repsol Honda play an imperative part within the victory through merchant advancements, publicizing, and giving budgetary and specialized bolster to groups, riders, and track administrators. In spite of the life-saving benefits, a few motorcyclists do not incline toward riding with a protective cap. Agreeing to investigate distributed by the National Center for Biotechnology Data, the foremost common reasons for not employing a head protector are neck torment, constrained head development, suffocation, and physical distress due to the overwhelming weight of the protective cap.
Motor Cycle Helmet Market Trend Analysis
Rising Awareness of Road Safety
- Rising mindfulness of street security has altogether contributed to the developing selection of bike head protectors. As buyers gotten to be more educated around the basic part protective caps play in securing riders from genuine wounds and fatalities in mishaps, there's a discernible move towards broader protective cap utilize. This increased mindfulness is regularly driven by instructive campaigns, open benefit declarations, and promotion from security organizations, which emphasize the life-saving benefits of wearing head protectors.
- Indeed, in districts where protective cap controls are less entirely upheld, the expanded center on street security has incited more people to deliberately embrace protective cap utilize as a proactive degree. As a result, the generally advertise for cruiser head protectors is encountering development, with more customers recognizing the esteem of contributing in quality defensive equip for their individual security.
Opportunity
Introduction of Smart Helmets
- The presentation of keen head protectors speaks to a noteworthy headway in cruiser security and rider encounter, making a profitable opportunity for producers. These cutting-edge head protectors coordinated advances such as increased reality (AR), heads-up shows, and progressed communication frameworks, which upgrade the usefulness and request of conventional head protectors. AR highlights can give riders with real-time route, speed, and other basic data specifically inside their field of vision, whereas heads-up shows and coordinates communication frameworks encourage hands-free calls, music spilling, and interaction with route devices.
- Also, keen protective caps frequently come prepared with security sensors that screen and caution riders to potential dangers, progressing by and large security on the street. This merging of innovation and security caters to the developing request for associated gadgets, especially among more youthful and tech-savvy shoppers who look for imaginative and improved riding encounters. As a result, the shrewd head protector advertise is balanced for development, driven by the want for progressed highlights that offer both down to earth benefits and a high-tech offer.
Motor Cycle Helmet Market Segment Analysis:
- Motor Cycle Helmet market is segmented on the basis of Type, Distribution Channel and Region
By Type, Full-face helmets Segment Is Expected to Dominate the Market During the Forecast Period
- Full-face helmets rule the motorcycle helmet market due to their predominant security highlights and comprehensive assurance. These head protectors cover the complete head, counting the chin and face, giving greatest assurance within the occasion of an mishap. Riders and security specialists alike favour full-face protective caps since they offer improved affect resistance, decrease the hazard of facial wounds, and secure against wind, flotsam and jetsam, and climate conditions whereas riding. The developing mindfulness of street security, combined with stricter security directions in numerous districts, has driven more riders to prioritize full-face protective caps over other sorts, as they give the most noteworthy level of security.
- Whereas open-face and half-face head protectors offer more ventilation and a lighter feel, their decreased scope makes them less defensive, constraining their offer essentially to casual riders or those riding at lower speeds. Full-face head protectors, subsequently, stay the favoured choice for both every day commuters and bike devotees looking for most extreme security.
By Distribution Channel, Offline Segment Held the Largest Share In 2023
- Within the motorcycle helmet market offline distribution channels as of now rule due to the nature of the item and shopper obtaining behaviour. Numerous buyers’ favour to physically assess and attempt on head protectors before purchasing to guarantee the correct fit, consolation, and quality. This material involvement is particularly critical for protective caps, where security and consolation are basic variables that cannot continuously be precisely evaluated through online shopping. Brick-and-mortar stores, counting specialized cruiser equip shops and expansive retail outlets, give this opportunity, making offline channels the go-to choice for most buyers.
- Also, offline retailers frequently offer personalized benefit, master exhortation, and the capacity to compare diverse head protector models in individual, which improves the buying encounter. For these reasons, offline channels proceed to overwhelm the advertise, particularly for first-time buyers or those acquiring premium head protectors.
- Be that as it may, with the rise of e-commerce, online channels are picking up footing, especially among tech-savvy and rehash clients who are more recognizable with their head protector inclinations and brands. As online stages move forward in terms of item portrayals, client audits, and return arrangements, they are expected to capture a bigger share of the advertise within the future.
Motor Cycle Helmet Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast Period
- Asia-Pacific is the dominant region in the global motorcycle helmet market, primarily due to its high motorcycle ownership rates and rapid growth in motorcycle use across countries like China, India, and Southeast Asia. This region is characterized by a large population of motorcyclists, driven by both economic factors and the widespread use of motorcycles as a primary mode of transportation. Countries like China and India have significant motorcycle markets, with millions of new motorcycles sold annually, creating a substantial demand for helmets.
- The growing middle class and increasing disposable incomes in these countries are also contributing to higher sales of higher-quality helmets, as safety awareness rises. Additionally, local manufacturers such as LS2 Helmets and Zeus Helmets, along with global brands expanding their presence, cater to the diverse needs of the regional market. The implementation of stricter safety regulations and government mandates for helmet use in several countries is further driving market growth.
- Furthermore, the Asia-Pacific region's competitive manufacturing capabilities and cost-effective production also support its dominance in the market. This combination of high demand, growing safety standards, and robust local manufacturing makes Asia-Pacific the leading region in the motorcycle helmet market.
Motor Cycle Helmet Market Active Players
- AGV (Italy)
- Arai Helmets (Japan)
- Bell Helmets (United States)
- HJC Helmets (South Korea)
- LS2 Helmets (China)
- Shoei Co. Ltd. (Japan)
- Shark Helmets (France)
- Schuberth GmbH (Germany)
- Nolan Helmets (Italy)
- Studds Accessories Ltd. (India)
- Steelbird Hi-Tech India Ltd. (India)
- Caberg Helmets (Italy)
- Icon Motorsports (United States)
- Torc Helmets (United States)
- Nexx Helmets (Portugal)
- MT Helmets (Spain)
- X-Lite (Italy)
- Fly Racing Helmets (United States)
- Givi Helmets (Italy
- KBC Helmets (United States)
- LAZER Helmets (Belgium)
- Biltwell Inc. (United States)
- Airoh Helmets (Italy)
- THH Helmets (Taiwan)
- Scorpion EXO Helmets (South Korea), and Other Active Players.
Key Industry Developments in the Motor Cycle Helmet Market:
- In March 2024, Steelbird Hi-Tech India, a prominent helmet manufacturer, as part of its expansion plans, the helmet and accessories maker plans to invest USD 2.5 Billion in setting up a new manufacturing facility in Hosur, Tamil Nadu, to meet the growing demand from OEMs (Original Equipment Manufacturers) and aftermarket.
- In March 2024, NEXX introduced the third-generation X. WED3 adventure helmet, which is more refined, durable, and safer than its predecessor. According to NEXX, the new helmet has gone through rigorous testing, having done around 200,000 km in the most remote locations
- In February 2024, The Italian manufacturer Givi launched its latest flip-up motorcycle helmet in the form of the new Givi X.27 Tourer model. Givi’s X.27 off-road motorcycle helmet is the base for the new X.27 Tourer, which is aimed at adventure touring, mixing both on- and off-road capabilities with a design intended to remain comfortable over long distances.
Global Motor Cycle Helmet Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 3.70 Bn. |
Forecast Period 2024-32 CAGR: |
4.5% |
Market Size in 2032: |
USD 5.50 Bn. |
Segments Covered: |
By Type |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- MOTOR CYCLE HELMET MARKET BY TYPE (2017-2032)
- MOTOR CYCLE HELMET MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- FULL FACE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2032F)
- Historic And Forecasted Market Size in Volume (2017-2032F)
- Key Market Trends, Growth Factors and Opportunities
- Geographic Segmentation Analysis
- OPEN FACE
- HALF FACE
- MOTOR CYCLE HELMET MARKET BY DISTRIBUTION CHANNEL (2017-2032)
- MOTOR CYCLE HELMET MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- ONLINE
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017-2032F)
- Historic And Forecasted Market Size in Volume (2017-2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- OFFLINE
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Benchmarking
- Motor Cycle Helmet Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- AGV (ITALY)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- ARAI HELMETS (JAPAN)
- BELL HELMETS (UNITED STATES)
- HJC HELMETS (SOUTH KOREA)
- LS2 HELMETS (CHINA)
- SHOEI CO. LTD. (JAPAN)
- SHARK HELMETS (FRANCE)
- SCHUBERTH GMBH (GERMANY)
- NOLAN HELMETS (ITALY)
- STUDDS ACCESSORIES LTD. (INDIA)
- STEELBIRD HI-TECH INDIA LTD. (INDIA)
- CABERG HELMETS (ITALY)
- ICON MOTORSPORTS (UNITED STATES)
- TORC HELMETS (UNITED STATES)
- NEXX HELMETS (PORTUGAL)
- MT HELMETS (SPAIN)
- X-LITE (ITALY)
- FLY RACING HELMETS (UNITED STATES)
- GIVI HELMETS (ITALY
- KBC HELMETS (UNITED STATES)
- LAZER HELMETS (BELGIUM)
- BILTWELL INC. (UNITED STATES)
- AIROH HELMETS (ITALY)
- THH HELMETS (TAIWAN)
- SCORPION EXO HELMETS (SOUTH KOREA).
- COMPETITIVE LANDSCAPE
- GLOBAL MOTOR CYCLE HELMET MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Distribution Channel
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Motor Cycle Helmet Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 3.70 Bn. |
Forecast Period 2024-32 CAGR: |
4.5% |
Market Size in 2032: |
USD 5.50 Bn. |
Segments Covered: |
By Type |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Motor Cycle Helmet Market research report is 2024-2032.
Shoei Co., Ltd. (Japan), Arai Helmet Ltd. (Japan), Bell Helmets (Bell Powersports, Inc.) (USA), HJC Helmets (South Korea), AGV (AGV Sport s.r.l.) (Italy), Sena Technologies, Inc. (USA), KBC Helmets (South Korea), Shark Helmets (France), LS2 Helmets (China), Icon Motorsports (USA), ScorpionEXO (South Korea), Nolan Helmets (Italy), Biltwell Inc. (USA), Caberg Helmets (Italy), MT Helmets (Spain), Ruroc (UK), X-Lite Helmets (Italy), Vemar Helmets (Italy), Zeus Helmets (China), Suomy Helmets (Italy), BELL Helmets (USA), Bering Helmets (France), Premier Helmets (Italy), Shoei Helmets (Japan), AGV Helmets (Italy) and Other Active Players.
The Motor Cycle Helmet Market is segmented into Type, Distribution Channel, and region. By Type, the market is categorized into Full Face, Open Face, Half Face, Typed, By Distribution Channel, the market is categorized into Online, Offline. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A motorcycle helmet is a protective cover designed for motorcyclists and other two-wheeled vehicles. This is a very important safety device that helps reduce the risk of head injury in the event of a crash, crash, or fall while riding a motorcycle. The main purpose of a motorcycle helmet is to protect the head and brain of the motorcyclist, who are vulnerable to accidents due to high speeds and the lack of external protection compared to closed vehicles.
Motor Cycle Helmet Market Size Was Valued at USD 3.70 Billion in 2023, and is Projected to Reach USD 5.50 Billion by 2032, Growing at a CAGR of 4.5% From 2024-2032.