What is Cycling Helmet Market Scope?
A cycling helmet is an important accessory that prevents head injury in case of accidents among bicyclers and are compulsory in most cycling events. Cycling helmets sit securely over the head and can be secured with a strap under the chin. With the latest technology, cycling helmets nowadays are lightweight, with improved aerodynamics, and offer better ventilation. Stringent road safety regulations and strict government rules around the world is expected to drive the cycling helmet market during the forecast period.
Influencing Trend:
Rising Demand for Lightweight Helmets and Growing Adoption of Specialized Aerodynamic and Ventilation Design
Market Growth Drivers:
Rising Environmental Concerns have led to growth in the Number of Cyclists across the Globe and Increasing Bicycle Riding Events and Rising Popularity of the Cycling
Challenges:
Presence of Unorganized Players
Restraints:
High-cost Associated Cycling Helmet
Opportunities:
Technological Advancement and Development in Design and Material for Safety
The Cycling Helmet market study is being classified by Type (MTB Helmets, Road Helmets and Sport Helmets), by Application and major geographies with country level break-up.
Cycling helmet market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge Analysts at AMA predicts that Vendors from European will contribute to the maximum growth of Global Cycling Helmet market throughout the predicted period.
Vista Outdoor Inc. (United States), Trek Bicycle Corporation (United States), Giant Manufacturing Co. Ltd. (Taiwan), LIVALL Tech Co., Ltd (United States), Mavic (France), Scott Sports (Switzerland), KASK (Italy), MET-Helmets (Italy), OGK KABUTO (Japan), Uvex (Germany) and POC Sports (Sweden) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Moon Helmet (China), Urge Bike Products (France), Orbea (Spain) and LAS helmets (Italy).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Cycling Helmet market by Type, Application and Region.
On the basis of geography, the market of Cycling Helmet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In June 2020, Thousand has launched the new Chapter helmet. Designed specifically with urban mobility and performance in mind, the Chapter helmet offers modern safety and innovative technology features for cyclists at all levels.
In January 2020, LIVALL has today announced the U.S. product launch and the debut of the BH51M Neo to their current line of award-winning smart and safe helmets at the 2020 International CES.
Key Target Audience
Cycling Helmet Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Cycling Helmet Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Cycling Helmet Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Cycling Helmet industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.