Press release
North America Biker Helmet Market is Expected to Witness a Steady Growth by 2030
The biker helmet market was valued at US$ 238.70 million in 2019 and is projected to reach US$ 315.93 million by 2027; it is expected to grow at a CAGR of 6.07% from 2020 to 2027.The continuous technological advancements, along with the development of innovative solutions to complement the overall riding experience, have significantly enhanced the quality of helmets than those that weremanufactured two decades earlier. Helmet manufacturers have introduced several features that augment bike visual aesthetics, ventilation, and efficiencies, along with other performance indicators. Almost all motorcycle helmets conform to specific national and, occasionally, international standards. The primary function of helmets is to reduce the deceleration injury of the skull.
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This is done by pressing the soft material included into the helmet. The second function is to spread the impact in order to reduce its reach to the skull, thereby preventing forces being concentrated on delicate areas of the head. Finally, it avoids direct contact between the skull and the impacting object. The mandatory helmet rule has been enforced in the North American countries to prevent serious injuries due to accidents. This factor is propelling the demand for helmets in the region.
MARKET INTRODUCTION
Motorcycles can provide a less expensive and more sustainable form of transport than cars. They are often the primary or most abundant form of transportation among low-income individuals. Since 1945, the markets for motorcycles have rapidly developed in the North American countries. They have typically developed through imports, followed by production in local assembly plants, finally leading to full manufacturing of motorcycles and motorcycle equipment. The rate of market development varies with local circumstances. Once the production firm is located in a country, the sales and number of bikes in use, i.e., the 'fleet' proliferates. However, a motorcycle isnot saferthan a car. The fatality rate of motorcycle accidents is much higher than that of cars.
The biker helmet market, based on distribution channel,is segmented into offline and online.In 2019, the offline segment dominated the North America biker helmet market, whereas the online segment is expected to register the highest CAGR during 2019-2027.The offline-based distribution channels such as physical stores, retailers, and showrooms dominated the market owing to their early market introduction and significant number of physical stores operating across North America. Additionally, the availability of international helmet brands and growing number of manufacturers in the region over the years havefurther boosted the number of retailers, suppliers, and distributors in the region.
List of Companies Profiled in the North America Biker Helmet Market Report are:
• Arai Helmet, Inc. (Arai)
• Vista Outdoor Inc. (Bell)
• CabergS.p.a
• Dainese S.p.A
• HJC Corp
• LS2 HELMETS USA (TECH DESIGN TEAM, S.L.)
• Shoei Safety Helmet Corporation (Shoei Co., Ltd.)
• Lazersport (Shimano Inc.)
• STUDDS Accessories Ltd
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Key Segmentation:
Progressive industry trends in the North America biker helmet market that help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the North America biker helmet marketfrom 2018 to 2027
• Estimation of North America biker helmet marketdemand across various industries
• PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the market competition anddemand
• Market trends and outlook, coupled with factors driving and restraining the growth of the North America biker helmet market
• Decision-making process by understanding strategies that underpin commercial interest with regard to the North America biker helmet market
• North America biker helmet marketsize at various nodes of market
• Detailed overview and segmentation of the North America biker helmet market, as well as its dynamics in the industry
• North America biker helmet marketsize in various regions with promising growth opportunities
Table of Contents
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Key Findings of the Research Study
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
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Contact person: Ankit Mathur
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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