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Safety Concerns and Revival of Growth in Developed Markets Drive the Global Motorcycle Helmets Market


Published: July 2017

REPORT STATISTICS


  • Code: MCP-5044
  • Pages: 149
  • Tables: 56
  • Companies: 52


MOTORCYCLE HELMETS: A RESEARCH BRIEF

The global market for Premium Motorcycle Helmets is projected to reach US$387 million by 2024, driven by the growth in motorcycle ownership, stringent enforcement of safety regulations, and emphasis on personal safety. While safety regulations have long been in existence, growth in the market is being driven by the fairly recent trend of making violation of safety norms a penalizable offense. The market is also forecast to benefit from the increase in sales of luxury motorcycles, rise in the number of fashion-conscious riders with high disposable incomes, and increased adoption of motorcycling sports as a hobby. Europe represents the largest market worldwide, supported by the continuous rise in the number of motorcycle permits in several European countries and growing number of “born-again” middle aged bikers. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 7% over the analysis period led by rising demand for lightweight street motorcycles as a convenient and affordable personal mobility solution in both urban and rural areas and growing popularity of premium motorcycles among higher income consumers in countries such as China and India. 

    Summary of Findings

  • Strict Enforcement of Helmet Laws Coupled with Growing Safety Awareness and Launch of Campaigns Supporting Voluntary Helmet Use Drive Demand Growth
  • Bluetooth Enabled Motorcycle Helmets that Offer Smart Connectivity with GPS, Smartphones and Media Devices; A Key Technology Trend
  • Increased Participation in Motorcycle Sports in Developed Markets Spurs Market Growth
  • Rise in Traffic Congestion in Cities in Developing Countries Fuels Preference for Motorcycle Transport
  • Multi-Directional Cushioning Helmets Engineered to Withstand High Velocity Impact: A Key Innovation

    Timeline for Analysis

  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific, and Rest of World

MAJOR PLAYERS

  • Arai Helmet Ltd.
  • Chih Tong Helmet Co., Ltd.
  • HJC America, Inc.
  • LAZER SA
  • Nolangroup SpA
  • NZI Helmets SA

KEY RESEARCH DELIVERABLES

  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable