Press release
Global Motorcycle Connected Helmet Market Size, Trends, Growth Analysis to 2025
Global Motorcycle Connected Helmet Market
There are lots of accidents and deaths happening around the world everyday due to not wearing helmets while driving two wheeler vehicles. Helmets provide safety while driving a two wheeler vehicles from fatal head injuries which may cause even death if any unfortunate accident is occurred. Also, there are smart helmets which support communication with other riders in surroundings and provide information about traffic, rare view and infotainment with safety precautions while driving. These helmets are gaining popularity throughout the globe, thus giving an opportunity of new industries to emerge in the market.
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Global Motorcycle Connected Helmet Market is estimated to be growing at a CAGR of 17.4% led by North America with market share about 45%.
Drivers and Restraints:
Global Motorcycle Connected Helmet Market is estimated to grow in forecasted period owing to supporting factors such as increasing risk of motorcycle accidents, government’s regulations and strict rules such as mandating of wearing helmet while driving a two wheeler vehicle throughout the globe, introduction of innovative technology, connectivity through WIFI and Bluetooth with smart devices such as mobiles and smartphones, more safety that offered by smart helmets over regular helmets are estimated to drive the market in forecasted years.
Geographic Segmentation
Based on geography the Global Motorcycle Connected Helmet Market primarily segmented into Europe, North America, Latin America, Middle East & Africa and North America. North America and Latin America are leading the Global Motorcycle Connected Helmet Market with nearly 45% of overall market share. Europe region is trailing right behind the North America region in terms of market share. In addition, Asia Pacific region is estimated to the quicker growing market with highest estimated individual CAGR in forecasted periods owing to increased concern over safety in two wheeler transportation and government regulations as well as strict rules of mandating usage of helmet in countries such as China and India. Also, increasing disposable incomes and per capita incomes are indirect supporting factors of the market in the region.
Key Players in Global Motorcycle Connected Helmet Market:
The major industries competing in the global market include Schuberth GmbH, O'Neal,H&H Sports Protection, HJC Inc., AGV Sports Group, Inc., SHOEI CO.,LTD, Bell Powersports, Inc., and Ivolution Sports Inc.
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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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