Bicycle Helmet Market Will Generate Massive Revenue in Future with Keyplayers - Trek Bicycle Corporation, Specialized Bicycle Components, Uvex Group, Limar, ABUS August Bremicker Söhne Kg, Hardnutz Ltd., Shenzhen ShenghongSports Co.

Bicycling is a type of sport, which is carried out for fitness purpose or as a fun activity. Wearing helmet while riding a bicycle is advised to prevent head injuries caused due to accidents. Bicycle helmets are classified based on its use such as helmet for road cycling, helmet for mountain cycling, and fitness cycling applications.

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Increasing incidence of deaths caused due to bicycle accidents is expected to drive growth of the bicycle helmet market over the forecast period. For instance, according to the traffic safety facts published by the U.S. Department of Transportation - National Highway Traffic Safety Administration (NHTSA), in March 2017, 818 pedalcyclists died in motor vehicle traffic crashes in the U.S. in 2015, which increased from 729 in 2014 and 45,000 pedalcyclists were injured in 2015.

Rising awareness about safety gears is expected to drive growth of the bicycle helmet market over the forecast period. According to a research study, ‘Bicycle helmets – To wear or not to wear? A meta-analyses of the effects of bicycle helmets on injuries’ published by journal of Accident Analysis and Prevention in 2018, use of bicycle helmets was found to reduce head injury by 48%, serious head injury by 60%, traumatic brain injury by 53%, face injury by 23%, and the total number of cyclists that died or who were seriously injured by 34%.

Key players:

Key players operating in the global bicycle helmet market include Trek Bicycle Corporation, Specialized Bicycle Components, Uvex Group, Limar, ABUS August Bremicker Söhne Kg, Hardnutz Ltd., Shenzhen ShenghongSports Co., Ltd., Airoh Helmet –Locatelli S.p.A, OrbeaS. Coop, and S.EL.EV. S.r.l.

Market Taxonomy:

On the basis of product type, the global bicycle helmet market is segmented into:

Road Cycling Helmet
Mountain Cycling Helmet
Others (Fitness Cycling, etc.)

On the basis of distribution channel, the global bicycle helmet market is segmented into:

Hypermarket & Supermarket
Sports Store
Online Channel
Others (Departmental Store, Convenience Store, etc.)

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