Motorcycle Helmets Market Industry Growth, Competitors
Analysis, New Technology, Trends and Forecast 2019 – 2027

According to a new market report published by Transparency
Market Research titled “Motorcycle Helmets Market – Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” the
global motorcycle
helmets market is expected to reach a value of US$ 3,516.5 Mn by 2027.
In terms of value, the market is estimated to expand at a CAGR of 5.0% during
the forecast period from 2019 to 2027.

In terms of volume, the market stood at around 17,997.0
thousand units in 2017. The Asia Pacific motorcycle helmets market is expected
to witness the highest growth during the forecast period both in terms of value
(US$ Mn) and volume (Units).  The market witnessed considerable growth in
the Asia Pacific region because of increasing demand for motorcycles in India,
Japan, and China.

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The motorcycle helmets market is influenced by market
dynamics with driving factors such as increase in sale of two wheelers across
the world and enforcement of traffic laws & road safety regulations. In
terms of product, the full face helmet segment is anticipated to gain the
largest share with total value of US$ 1,996.6 Mn by 2027 at a CAGR of 5.3%
annually. However, lack of awareness about road safety in emerging economies
and increase in usage of helmets manufactured by the unorganized sector are the
major challenges restraining the growth of the market. Nevertheless, the market
is anticipated to grow due to factors such as increasing demand for luxury
motorbikes across the globe and rising popularity of motorcycle racing events &
championships. 

In 2017, based on product, the full face helmet segment
accounted for market value of about US$ 1,231.9 Mn in the global motorcycle
helmets market. Full face helmets are the most widely used by consumers across
the world as full face helmets offer greater protection.

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By price points, the medium price (US $50 – US $200) segment
accounted for a relatively large market share in terms of value, as traffic
laws and motorcycle helmet laws are not very strict in developing countries.
Individuals are not ready to spend heavy amounts on purchasing expensive
helmets. The medium price (US $50 – US $200) segment is anticipated to reach
US$ 1,330.8 Mn at a CAGR of 4.8% by 2027. In terms of application, the on-road
segment is anticipated to reach US$ 3,309.0 Mn at a CAGR of 5.1% by 2027. On
the basis of application, the on-road segment is expected to dominate the
market in the near future.

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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. 

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