Global Motorcycle Safety Gear Market Growth 2023-2029

Global Motorcycle Safety Gear Market Growth 2023-2029

The global Motorcycle Safety Gear 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 safety gear provides protection and security in an accident or adverse weather conditions. Motorcycle riders face a disproportionately high risk of death, severe injury, and disability due to traffic accidents, particularly those involving the head and neck. Wearing proper motorcycle gear protects riders from head to toe. As people become more aware of the significance of taking precautions to avoid significant injuries, the demand for motorcycle gear and other safety equipment has skyrocketed. Scratches, road burns, and cuts are preventable with suitable clothing. Riding boots shield the legs and feet from harm while out on the trail.

LPI (LP Information)' newest research report, the “Motorcycle Safety Gear Industry Forecast” looks at past sales and reviews total world Motorcycle Safety Gear sales in 2022, providing a comprehensive analysis by region and market sector of projected Motorcycle Safety Gear sales for 2023 through 2029. With Motorcycle Safety Gear sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motorcycle Safety Gear industry.

This Insight Report provides a comprehensive analysis of the global Motorcycle Safety Gear 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 Safety Gear portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Motorcycle Safety Gear market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motorcycle Safety Gear 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 Safety Gear.

This report presents a comprehensive overview, market shares, and growth opportunities of Motorcycle Safety Gear 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 Safety Gear market?

What factors are driving Motorcycle Safety Gear market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Motorcycle Safety Gear market opportunities vary by end market size?

How does Motorcycle Safety Gear 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.