"Assisting You in Establishing Data Driven Brands"

Helmets Market Size, Share & Industry Analysis, By Product Type (Full Face Helmets, Half Face Helmets, Open Face Helmets, Others), By End-User (Commuters, Sports & Recreational Purposes, Military, Others), By Distribution Channel (Offline Stores, Online Stores) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103862 | Status : Ongoing

 

KEY MARKET INSIGHTS

The helmets market is expected to be driven by key trends is rising awareness regarding road safety and a growing population of motorcycle enthusiasts. This is leading to a greater demand for helmets, which are essential for protecting riders in the event of an accident. Secondly, the popularity of motorbikes and sports bikes is on the rise. This, coupled with growing concerns about traffic injuries worldwide, is expected to drive the adoption of two-wheeler helmets throughout the forecast period.


Helmets are essentially used to protect the head from severe injury while driving activity. A helmet provides an additional protective layer to the head which helps to absorb the pressure during the incidence of an accident. The growing incidences of road accidents along with the necessities for road safety wearable have given rise to the demand for such products. According to the report 'global status on road safety 2018 Survey', presented by the World Health Organisation (WHO), global annual cases of road traffic deaths reached 1.35 million in 2018.

Designing a helmet is a crucial factor for the companies to provide a perfect fit helmet to a user that can enable protection from accidental impacts as well as provide comfort. Manufacturers are keenly focusing on the utilization of polycarbonate, expanded polystyrene, foam, and nylon materials to offer lightweight and protective helmets to the consumers. Additionally, they are focusing on providing a tech-enabled head cover to the user by embedding various AI, and digital connectivity features in the design of the helmets. For instance, in January 2020, JARVISH Inc., a Taiwanese tech start-up launched helmets integrated with AI-enabled communication modules for high-security standard features.

Increasing demand for motorcycle and other vehicles results in the higher consumption of the helmets. Additionally, governmental policies regarding vehicle safety measures influence people to purchase such products in order to adhere to these government policies. Growing trends of sports & recreational activities have increased the participation rates for the various motorcycle & other recreational sports events which thereby, has surged the demand of the athlete helmets. For instance, in July 2019, the participation rate for the USA National Cycling Championship increased by almost 32% with 1,600 total riders as compared to that of 2018.

Moreover, helmets made up of different colours and style, attract the commuters and sports athletes to purchase them. Also, growing necessities for the head protection wearable for the various aerospace, military & defense applications is driving the growth of the helmets industry.

However, the higher cost of premier helmets is anticipated to restrain the growth of the helmets market. Additionally, the uncertain occurrence of COVID-19 pandemic has made people to stay at home for infection prevention purposes, this has resulted in a temporary decline in the peoples’ leisure activities and thereby the demand for helmets.

Up Arrow

Key Market Driver -

Rising demand for motorcycle and other two-wheeler vehicles is expected to drive market growth.

Down Arrow

Key Market Restraint -

The higher cost of the helmets as well as its comfort issues are anticipated to restrain the growth of the market


Key Players Covered:



  • JBM Gear

  • Arai helmet Ltd.

  • Shoei Co. Ltd.

  • DAINISE

  • Shark Helmets

  • HJC Corp.

  • Caberg S.p.A.

  • Nolan Helmets S.p.A.

  • Spartan ProGear Co.

  • Atomic Defence

  • AIROH

  • Tech Design Team S.L.


Segmentation:


The global helmets market is segmented by product type, end-user, distribution channels, and geography.

By product type, the market is segmented into full-face helmets, half face helmets, open face helmets, and others. The full-face segment is expected to hold a major share of the helmets market as they are considered as the safest type of helmet which entirely covers the head & face of the body. Additionally, they minimize the need to use eye wears for eye protection purposes.

Based on end-user, the helmets industry is segmented into commuters, sports & recreational purposes, military, and others. Commuters segment is anticipated to hold the largest share of the market owing to the increasing population of the daily commuters across the globe which has resulted in the large consumption of the products. According to the UN Global Pulse Organisation research data, in 2017, more than 1.38 million people were commuting daily around greater Jakarta.   

By distribution channels, the global helmet market is segmented into offline and online stores. The offline segment includes motorcycle specialty stores, manufacturer’s showrooms, and others. The offline segment is expected to hold a prominent position in the global market as bike riders can touch & see the product physically and make a purchase decision for a better-quality helmet.

Regional Helmets Market Analysis:


By geography, the global helmets market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

The dominance of the Asia Pacific region is attributed to the large consumption of motorcycles & bicycles in the emerging markets such as China and India which results in a higher demand for the commute & sports helmets. According to the data published by Seconded European Standardisation Expert in India (SESEI), two-wheeler sales in India is increased by 14.8% and reached 20.19 million units in 2017-18 as compared to that of the financial year of 2016-17.

The large manufacturing base of prominent companies such as Vega Helmet corporation, STUDDS Accessories Ltd., Wenzhou Leiden Helmet Manufacturing Co., and others has immensely supported the consumption of such products in the region. 

North American helmets market is likely to witness the fastest growth during the forecast period of 2020-2027 owing to the increasing incidences of road deaths due to accidents in the countries such as the United States, and Canada which further give rise to the consumption of safety securing smart helmets in the region. According to the Bicycle Helmet Safety Institute, in 2018, 857 bicyclists died on the US roads, and the number was increased by 6.3% over 2017.

Additionally, increasing usage of the helmets by the motorcyclists in the region has provided ease in the growth of the helmets market. According to the ‘motorcyclists helmet use in 2018’ Survey published by, U.S. Department of Transportation, National Highway Traffic Safety Administration, in 2018, usage of helmets among motorcyclists on surface streets increased to the percentage point of 70.1% up from 55.0% in 2017.

To gain extensive insights into the market, Request for Customization


Segmentation Analysis:


























 ATTRIBUTE

  DETAILS

By Product Type



  • Full Face Helmets

  • Half Face Helmets

  • Open Face Helmets

  • Others



By End-User



  • Commuters

  • Sports & Recreational Purposes

  • Military

  • Others



By Distribution Channel



  • Offline Stores

  • Online Stores



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In December 2019, OMP Racing S.p.A., a leading motorsports safety equipment company acquired Bell Sports Inc., to expand the manufacturing & distribution of the wide range of more than 2000 product line of Bell sports Inc. in Bahrain.

  • In December 2019, Pininfarina S.p.A., an Italian high performing car maker in collaboration with the Roux Helmets, developed helmets that use water cooling technology to reduce the heat generated while racing activity. It also uses features such as a built-in drinking tube microphone & noise-cancelling speaker system.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Consumer Goods Clients
Asahi
Health Canada
SPG
Oecc
Edenred
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X