openPR Logo
Press release

Bike Helmet Market: Global Market Growth Trends, Size, Share, Opportunities, Revenue & Forecast Up to 2028

10-27-2022 12:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Bike Helmet Market

Bike Helmet Market

Market overview:

The global bike helmet market was worth USD 2,444.5 million in 2020 and is expected to grow to USD 1.12 billion by 2028, at a CAGR of 5.35%.

The Bike Helmet Market is experiencing rising trends due to the public's preference for cycling to stay fit. Cycling as a habit can help to reduce obesity rates and improve health. As a result, the demand for safety equipment and clothing is increasing. The government is also promoting the use of bicycle safety equipment. The rules are now mandatory to follow, which benefits the market. The rise in environmental concerns has increased the number of global cyclists. Cycling helmet sales increase during the forecast period, causing the market to gain a higher share value. Growing disposable income increases purchasing power, which boosts bicycle riding activities. This has increased bike sales worldwide. Furthermore, product enhancements and advanced safety features improve product appearance and drive the Bike Helmet Market. 

Technological advancements have aided market participants in introducing smart helmets to the market. Smart helmets have advanced features that assist riders in riding safely and efficiently while avoiding road accidents. GPS connectivity, tracking systems, cameras, voice assistance, Bluetooth connectivity, Wi-Fi connectivity, and emergency buttons are among the features of smart helmets. Smartphones can communicate with smart helmets. This allows the rider to make, accept, and reject phone calls. Smart helmets will also help to reduce head injuries in traffic accidents. As a result, introducing multi-functional smart motorcycle helmets will provide the market with lucrative growth opportunities. The COVID-19 pandemic negatively impacted the motorcycle helmet market, but sales are expected to increase in the coming period.  

Get a Free Sample PDF File: https://www.marketresearchfuture.com/sample_request/8022

What segments are covered in bike helmet market?

The worldwide Bike Helmet Market is segmented by:

By Product Type

Full-face
Open-face
Modular
Off-road
Half-helmets
Dual-sports
Others

By End User:

Kids
Adults

By Distribution Channel:

E-commerce
Specialty Stores
Supermarkets & Hypermarkets
Others

Purchase this report: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=8022

Regional analysis:

The global economy has been geographically described in four major regions: Asia Pacific, North America, Europe, and the rest of the world. Because of ready funding and investment, the European region is seeing a significant increase in research and development. The European bike helmet market is expected to be the largest during the forecast period, which ends in 2028. The region accounted for 36.35 percent of the total market share during the historic forecast period, which ended in 2019. During this period, the market is expected to grow at a CAGR of 7.46 percent, with Italy, as part of the European market, expected to be the fastest-growing country-level market during the forecast period. Manufacturing firms and Production units invest in research and development departments to create new products such as smart helmets. The new helmet invention consists of LEDs on helmets that aid in visibility at night and, as a result, are responsible for excellent market growth during the period.

For further information on this report, please visit: https://www.marketresearchfuture.com/reports/bike-helmet-market-8022

Recent developments:

In 2022, Royal Enfield partnered with the non-profit organization Helmet for India. With its list of collaborations and partnerships, the Royal Enfield company is currently focusing on merchandise and riding gear for road safety promotion. This collaboration will raise public awareness about the importance of wearing a helmet to protect themselves from hazards such as accidents.
In 2021, Telstra and Arenberg, a Sydney-based cycling brand, collaborated to create a prototype 5G connected helmet. This will improve cyclists' on-road safety.

Read More Blogs:

Motorcycle Apparel Market: https://www.marketresearchfuture.com/reports/motorcycle-apparel-market-7990

Bicycle Apparels & Accessories Market: https://www.marketresearchfuture.com/reports/bicycle-apparels-accessories-market-10572

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact:

Market Research Future®

99 Hudson Street, 5Th Floor

New York, New York 10013

United States of America

Email: sales@marketresearchfuture.com

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets, and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts' team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bike Helmet Market: Global Market Growth Trends, Size, Share, Opportunities, Revenue & Forecast Up to 2028 here

News-ID: 2779873 • Views: 434

More Releases from Market Research Future

CAS9 technology Market Projected to Hit USD 6.72 Billion at a 11.30% CAGR by 203 …
Market overview: The overall CAS9 technology industry is expected to grow over the future years because of its significant economic nature and expanding use opportunities. During 2018- 2030, the industry is anticipated to develop at a compound yearly rate of economic development of 11.30 %. Genetic engineering has advanced with the advent of genomics and genetic manipulation using designed nucleases. As a method for genomics, the CAS9 technique is swiftly gaining
Cloud Billing Market Projected to Hit USD 13.23 Billion at a 16.40% CAGR by 2030 …
Market Overview: The value of the Cloud Billing Market is anticipated to be USD 13.23 billion by the year 2030, growing at a CAGR of 16.40% during the period of forecasting from 2020 to 2030. Cloud billing creates invoices using valuable informational data following previously established billing standards. A cloud-based billing feature serves as a conduit for generating consumption invoices. There will be growth in the cloud billing market in the next
Thermal Paper Market Size 2021: Industry Analysis, Share, Segmentation, Price Tr …
Overview The thermal paper market is anticipated to grow rapidly at a CAGR of 4.87% during the forecast period. The global thermal paper market is driven by increased demand for thermal paper for POS application. These factors have helped shape the thermal paper market and are expected to boost the growth. Companies in the thermal paper market could also face challenges such as increasing demand for paperless billing and volatility in
Dry Bulk Shipping Market 2022 , Share, Size, Growth, Top Manufacturers, Segmenta …
Market Overview Market research indicates that the global market of Dry Bulk Shipping Market Revenue is going to reach up to USD 5,400 Million (approx) within the forecast period 2022-2030 with a CAGR of 4%. Get sample copy of report at: https://www.marketresearchfuture.com/sample_request/8308 Dry Bulk Shipping is the transportation of bulk commodities such as grains, iron ore, coal, lumber, sand, gravel, steel products like rods, plates, coils, and others using vessels. According to

All 5 Releases


More Releases for Helmet

Global Motorcycle Helmet market: Market Indicators Showing Positive Outlook | Sh …
" The Motorcycle Helmet global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other key factors.
Automotive Smart Helmet Market Competitive Analysis By 2025 - Babaali, Bell Helm …
A smart helmet used in automotive is specifically built for the safety of the rider. Smart helmet helps to curb riding without helmet by ensuring that the rider mandatorily wears the helmet while riding. The technologies embedded into smart helmet are different than the conventional helmets. These are implemented using GSM and GPS technology. The advanced technology of calling ambulance directly through the microcontroller board is attracting the use of smart
Smart Helmet Market 2019 Key Players - Bell Helmets, Sena Technologies, Daqri, F …
The report provides a comprehensive analysis of the Global Smart Helmet Market by types, applications, players and regions. This report also displays the 2013-2025 production, Consumption, revenue, Gross margin, Cost, Gross, market share, CAGR, and Market influencing factors of the Smart Helmet industry in USA, EU, China, India, Japan and other regions. Request a sample of this report @ https://www.orbisresearch.com/contacts/request-sample/2475099 Smart Helmet Market Analysis by Players: This report includes following
Global Smart Helmet Market 2019 - Daqri, Forcite Helmet Systems, Jarvish, Livall …
Smart helmets are embedded with sensors and additional mounted devices that collect data and information as well as assist users. Smart helmets are increasingly being used by motorcyclists and bicyclists, apart from their use by industrial workers and firefighters. Smart helmets consist of action cameras and GPS navigation systems that assist users. Smart helmets are used to protect users from any head injury. These helmets are powered by augmented reality
Smart Helmet Market 2019 By Bell Helmets, Sena Technologies, Daqri, Forcite Helm …
Global Smart Helmet Market 2019-2025: This report presents the worldwide Smart Helmet market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Smart helmets are embedded with sensors and additional mounted
Global Smart Helmet Market 2018 - Bell Helmets, Sena Technologies, Daqri, Forcit …
A new report titled Global Smart Helmet Market report is a comprehensive study in the market it tells about what the market status in the forecast period of 2018-2025. Smart Helmet Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This Smart Helmet market study also analyzes the market status, market share, growth rate, future trends, market drivers,