Bike Helmet Market Share | Size, Value Demand, Leading Players Review, Future Growth, Covid-19 Analysis and Forecast to 2024

Bike Helmet Market Global Information by Type (Road Helmets, Sports Helmets and MTB Helmets), Application (Daily Transportation and Sports/Adventure) and Region

Market Overview

Global Bike Helmet Market has become a necessary part of human wellness and road safety. However, in some regions, people are still not serious about their safety, which is somehow damaging the market’s growth. Secondly, the presence of low-quality standards is not only risking human lives but are also decreasing the revenue generation and growth of this market.

A bike helmet is an essential role player when it comes to human life’s safety. It protects the skull against any impacts and prevents serious injuries. Growing adoption of bikes because they are eco-friendly, less expensive, and have man health benefits, which has increased the demands for helmets around the globe. On observing the current market trends, the global bike helmet market is projected to touch a 06 % annual growth mar during the survey period. Helmets are also capable of protecting the biker against weather conditions and holding communication devices.

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Bikes are not only confined for on-road usage but are also used for outdoor and off-road activities, which possess more danger to the rider. Therefore, to protect the rider, a helmet is necessary, and with growing awareness, the bike helmets are being used vastly by them. With the introduction of fast motorbikes, the demands for helmets has also increased due to rigid regulations and demands for different types of helmets has increased, which is helping the market in getting more robust with time.

Key Players

The Prominent Players in the Global Bike Helmet Market are Vista Outdoor Operations LLC (US), Specialized Bicycle Components (US), Dorel Sports (Canada), Uvex Sports (Germany), Trek Bicycle Corporation (US), MET-Helmets (Italy), Limar Srl (Italy), Orbea (Spain), SCOTT Sports SA. (Switzerland), and KASK S.p.a. (Italy).

Recent Industry News

The global bike helmets market is an ever-growing market but is facing challenges against the counterfeit products and less awareness among the masses regarding their safety. The authorities are working towards spreading awareness and introducing regulations to enhance road safety, which is a piece of good news for this market. The European market is leading the herd presently, whereas the Asia Pacific region will emerge as the fastest growing market due to increased disposable incomes and increasing awareness. The companies are looking forward to making helmets safer and with additional features to keep the customers attracted.

Market Segment

Global Bike Helmets Market is segmented into three parts which are: Types: Open face, full face, and half face helmets are present in the market. Pricing: Based on pricing, the helmets pricings are low, medium, and high. Applications: The helmets are used for off-road and on-road applications.

Regional Market Summary

Europe, Asia Pacific, North America, and the Middle East & Africa are the regions observed for the global bike helmet market.

The European region is the current market leader due to awareness among people for maintaining road safety and human lives. The Asia Pacific region is the next biggest market but will emerge as the fastest-growing due to increasing population, implementation of stringent rules, adoption of two-wheelers, and others. The American region it the third biggest market, with North America, the major shareholder. The companies are looking for alternative materials to make helmets safer and smarter.

The rest of the regions are very far behind in this race due to very little awareness among the masses.

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