Global Motorcycle Protective Equipment Market Growth 2023-2029
The global Motorcycle Protective Equipment market size is projected to grow from US$ 3717.4 million in 2022 to US$ 4941.2 million in 2029; it is expected to grow at a CAGR of 4.1% from 2023 to 2029.
As the number of accidents continues to rise at an alarming rate, more and more cyclists are becoming cautious. Motorcycle helmet sales have increased as consumers become increasingly willing to invest in their safety. Motorcycles lack the stability of four-wheeled automobiles. Motorcyclists are also much more exposed to the elements and other road hazards than people in enclosed vehicles. There is a strong correlation between the level of safety and precautions taken and the incidence of accidents and fatalities. Therefore, increasing concerns about rider safety has increased spending on protective gear like motorcycle helmets. Increasing disposable income of the urban people, coupled with a desire to travel and live a fulfilled life, has led to an increase in spending on motorcycle protective gear. Nowadays, motorbike riding gears such as helmet, gloves, jackets, knee and elbow guard, spine guard, pant, and footwear are used for protective purposes while riding a bike. Moreover, these protective gears are thicker than conventional clothing with waterproof closures and pockets, zips, higher collars, and are even fitted out with armor.
Motorcycle protective equipment refers to the equipment and accessories that are specifically designed for long-distance motorcycle travel. This gear is intended to provide comfort, protection, and convenience to riders during extended trips. It include motorcycle helmet, gloves, protective, gears, jackets and pants, etc.
LPI (LP Information)' newest research report, the “Motorcycle Protective Equipment Industry Forecast” looks at past sales and reviews total world Motorcycle Protective Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Motorcycle Protective Equipment sales for 2023 through 2029. With Motorcycle Protective Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motorcycle Protective Equipment industry.
This Insight Report provides a comprehensive analysis of the global Motorcycle Protective Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Motorcycle Protective Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Motorcycle Protective Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motorcycle Protective Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Motorcycle Protective Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Motorcycle Protective Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Helmets
Gloves
Protective Gears
Jackets
Pants
Others
Segmentation by application
Leisure Riding
Professional Riding
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shoei
Bell
Shark
HJC
Arai
JDS
Studds
Schuberth
AlpineStar
Dainese
Jiujiang Jiadeshi
Kido Sport
Rev’it
Belstaff
Hehui Group
Scoyco
YOHE
Nolan Group
YEMA
AGV
Airoh
JIX helmets
Tarakusuma
OGK Kabuto
LAZER
Chin Tong Helmets
Nanhai Xinyuan Helmets
NZI
Suomy
Key Questions Addressed in this Report
What is the 10-year outlook for the global Motorcycle Protective Equipment market?
What factors are driving Motorcycle Protective Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Motorcycle Protective Equipment market opportunities vary by end market size?
How does Motorcycle Protective Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.