Press release
Global Motorcycle Racing Apparel Market 2024 - Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2033
Global Motorcycle Racing Apparel Market
As per the report, the motorcycle racing apparel market size has grown strongly in recent years. It will grow from $1.99 billion in 2023 to $2.12 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The motorcycle racing apparel market size is expected to see strong growth in the next few years. It will grow to $2.73 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=6881&type=smp
Rising Number Of Road Accidents To Drive Market Growth
The increasing number of accidents is driving the growth of the motorcycle racing apparel market. The number of accidents is increasing mainly due to speeding/reckless driving followed by other reasons such as the absence of safe procedures, open violation of the traffic rules by the drivers, poor road lighting increasing encroachment, and others. Motorcycles are more prone to accidents as motorcyclists and their passengers are more exposed to weather and road risks than drivers in enclosed automobiles. This rise in the number of accidents will create a huge demand for motorcycle racing apparel and gears that act as a protective shield to ensure the safety of riders and provide comfort during the ride. For instance, in December 2022, according to the Ministry of Road Transport and Highways, an India-based government department, in 2021, States/UTs in India reported a total of 153,972 road accident fatalities, surpassing the 2020 figure of 131,714. Therefore, the rising number of accidents will drive the growth of the motorcycle racing apparel market.
Technical Advancements Driving Innovations In Motorcycle Racing Apparel Market
Technological advancement is the key trend gaining popularity in the motorcycle racing apparel market. The market is witnessing the implementation of advanced technologies in motorcycle racing apparel such as GPS-connected devices, heads-up displays, intelligent sensor helmets, automated airbags, and others to decrease the accidents and fatalities during the rides. Major companies operating in motorcycle racing apparel are focusing on providing technologically advanced apparel to strengthen their market position. For instance, in April 2022, Alpinestars, an Italian manufacturer of apparel and protective gear for motorsports and action sports, introduced Tech-Air 10, a full upper-body and hips protection system created with Alpinestars' MotoGP riders. Tech-Air 10 is an innovative autonomous slim airbag covering the rider's shoulders, chest, full back, and hips to offer body protection to racers, track day riders, and road riders. The new airbag contains an active electronic system featuring 12 sensors with an AI (artificial intelligence) crash detection algorithm to monitor the deployment of the airbag in the event of a crash, enabling more safety and security during rides.
The motorcycle racing apparel market covered in this report is segmented -
1) By Type: Clothing, Footwear, Protection Gear
2) By Distribution Channel: Non-Store, Store Built
3) By Application: Competitive Race, Recreation
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=6881&type=discount
Major companies operating in the motorcycle racing apparel market report are Yamaha Motor Corporation, Fox Head Inc., Ferrari S.p.A, Dainese SpA, BMW SA, Alpinestars SpA, Scott Sports SA, FLY Racing Jackets, REV'IT!, OMP Racing S.p.A., Troy Lee Designs, Gerbing Heated, Klim Technical Riding Gear, Tucano Urbano, SIDI, Furygan, Vardenchi, Joe Rocket Jackets, ICON Motosports, ThorMX, Blackchrome Sportswear, FirstGear, AGVSport, HKM Sports Equipment GmbH, RST, Kushitani Hamamatsu Ride, Royal Enfield Gear, Spartan Pro Gear Co, Rynox Gears India Pvt Ltd., Helite, ScorpionEXO
Contents of the report:
1. Executive Summary
2. Motorcycle Racing Apparel Market Report Structure
3. Motorcycle Racing Apparel Market Trends And Strategies
4. Motorcycle Racing Apparel Market - Macro Economic Scenario
5. Motorcycle Racing Apparel Market Size And Growth
…..
27. Motorcycle Racing Apparel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/motorcycle-racing-apparel-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Global Motorcycle Racing Apparel Market 2024 - Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2033 here
News-ID: 3580771 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Racing
NASCAR Market Industry Dynamics and Contributions by Spire Motorsports, Germain …
The NASCAR market is experiencing a dynamic evolution, driven by a resurgence in fan engagement and the integration of technology within the racing landscape. This market, encompassing various forms of motorsport, provides thrilling entertainment, competitive platforms, and significant economic opportunities. The scope of the NASCAR market not only includes traditional racing events but also extends to merchandising, sponsorships, and driver development programs. As we progress into The market is witnessing…
IndyCar Market Industry Dynamics and Contributions by Dreyer & Reinbold Racing, …
The IndyCar market remains a vital segment of the automotive and motorsport industry, captivating audiences and enthusiasts globally. The market's relevance continues to grow, driven by innovations in vehicle technology, increasing viewership, and the strategic collaborations among racing teams, manufacturers, and sponsors. The IndyCar series, known for its high-speed, open-wheel racing, presents a unique platform for showcasing technological advancements while providing entertainment and excitement to millions of fans.
Recent developments have…
Horse Racing Market is Expected to Boom: Darley Stud, Baden Racing, Qatar Racing
The latest study released on the European Horse Racing Market by HTF MI evaluates market size, trend, and forecast to 2030. The Horse Racing market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Racing Tires Market - Auto Racing Tires and Motorcycle Racing Tires
The racing tires are the specialized tires, which find major application in auto racing and motorcycle racing. All car tires are built keeping in mind the tire performance, however there are a few differences such as durability, material used, the air filled inside the tire and other features that make racing car tires stand out from other tires. Racing tires are designed specifically to deliver superior performance, and, hence, they…
Motorsports Market Report 2018: Segmentation by Broadcasting (FOX sports, ABC, T …
Global Motorsports market research report provides company profile for Ferrari S.P.A., Force India F1, Mercedes AMG PETRONAS F1, Michelin Tyres PLC, MRF Limited, Pirelli & C. S.p.A., SAUBER F1 and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year…
Vivid Racing Reveals Two New Racing Wheels from Volk
Vivid Racing announces that Volk Racing of Japan is bringing more incredible, stylish wheels to their line up. First is their Volk Racing G12 line up for premium sport vehicles. Available in both 19 and 20 inch setups, the elongated 12 spoke design has a double machined matte black finish. With 19′s coming in 8.5 and 9.5 inch widths, this new wheel is perfect with many BMW…
