Press release
Bike Helmets Market Growth, Trends, Key Players And Forecast To 2028
Precision Business Insights published a research report on "Bike Helmets Market: By Product Type (Full-face, Modular, Open-face, Half-helmets, Off-road, Dual-sports, and Others), By End User (Adults and Kids), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, E-commerce, and Others) - Global/Region/Country Forecast to 2028"Bike helmets are safety gear for use while riding a bicycle or motorbike, with the primary purpose of protecting the user's head. Helmets help to avoid or reduce the severity of potential head injuries caused by unplanned events also including falls, tumbles, and car accidents. Helmets protect the human brain and skull from impact and are required to be worn when driving in many nations. Helmets also have features like ventilator slats as well as air entry holes, face shields and visors, ear protection, and a built-in intercom system, among others.
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The growing incidence of traffic accidents each year, particularly in developing and underdeveloped economies, is raising safety concerns and supporting or pushing the usage of helmets. Demand for helmets is projected to continue to be driven by stringent regulatory regulations and government based on contextual to road safety. In many developed and developing countries, wearing a helmet that meets pre-requisite requirements and regulations is also required for both the driver and the pillion passenger. More new and efficient and sturdy helmets are being designed as well as introduced in the market as a result of the rising of two-wheeler and three-wheeler models being crafted, developed, and introduced in the global market due to the popularity of off-roading for pleasure and also a professional sport. These are only a few of the primary elements projected to propel the target market forward. The expansion of the consumer base is also aided by rising disposable income. Another driver is improving economic conditions and increased consumer per-capita income in developing countries.
On the basis of type, the Bike Helmets market is segregated into MTB helmets, Road helmets, Sport helmets. On the basis of application, the Bike Helmets market is classified into Commuter and recreation Sport games.
Owing to the significant improvements in the vehicle sector and increased production of safety gear & accessories, Europe is expected to account for the highest revenue share in the global market. Due to an increase in two-wheeler sales, particularly in countries like china and India, the market in Asia Pacific is likely to grow at a faster CAGR over the forecast period. Development in disposable income in these countries is projected to be one of the most important drivers driving market expansion.
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There are several industry players working in the Bike Helmets Market, which include Vista Outdoor Operations LLC (US), Trek Bicycle Corporation, Specialized Bicycle Components (US), MET-Helmets (Italy), Orbea (Spain)
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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
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