Bike Helmet Market Significant Demand by 2021 | Top Companies are Vista Outdoor, Specialized, Dorel, Trek Bicycle, MET, Limar, Giant, POC, Orbea, KASK, Uvex, Rudy Project, SCOTT Sports, Locatelli, HardnutZ, Merida, and ABUS

Bike Helmet Market Size and Growth Rate:

According to our Report, the Global Bike Helmet Market Size was valued at USD XX.XX Million in 2017 and was expected to Reach USD XX.XX Million by 2021, with increasing at a CAGR of XX.X% during the forecast period 2017-2021.

Bike Helmet Market Overview:

Helmets are useful and essential as safety equipment to prevent or minimize injuries to the head and brain in an uncontrolled environment when using a motorcycle or a two-wheeled vehicle. According to the US Consumer Product Safety Commission approximately 900 people, including more than 200 children, die each year from road accidents, and approximately 60% of these deaths are due to head injuries. Helmets can protect from any accidental impacts and save the life. The high-end helmets for motorcycles are made of a superior quality material, which is much more comfortable for the driver compared to the material used in basic helmets. It has several features such as Bluetooth and GPS.

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Bike Helmet Market Growth Drivers and Restraints:

Several factors support the growth of the global market for motorcycle helmets. The increased risk of accidents and the increasing use of two-wheeled vehicles is driving market growth. Most countries have made the use of helmets compulsory during driving, resulting in a more promising demand for the planned years. The growing interest of children and young adults in driving bicycles and bikes is fueling the market. In addition, road safety promotions, celebrity announcements and interests in safe driving, support market growth. The increase in disposable income and per capita income also contribute to the growth of the market in developing countries.

Geographic Segmentation of the Bike Helmet Market:

Based on geography, the world market for bike helmets is segmented into regions such as North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region. Europe is the leading region of this market, with a share of almost 35.42% in 2017. After Europe, the United States is the second largest consumer market with a market share of 30.18%. In addition, it is estimated that the Asia-Pacific region will grow faster with a decent compound annual growth rate over the years, due to the presence of the region's main economies, such as India and China.

Key Players of the Bike Helmet Market:

Major players competing in the global market include Vista Outdoor, Specialized, Dorel, Trek Bicycle, MET, Lamar, Giant, POC, Orbea, KASK, Uvex, Rudy Project, SCOTT Sports, Locatelli, HardnutZ, Merida, and ABUS and others.

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Bike Helmet Market Key Segmentation:

By Type:

• MTB Helmet
• Road Helmet
• Sport Helmet

By Applications:

• Commuter & Recreation
• Sport Game

By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

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