Driving Protection Gear Market Scope
Motorcycles are the fastest-growing segment of the global automobile industry, accounting for the bulk of fleets in many low- and middle-income countries. Their increased involvement on the roads is reflected in the rising number of motorcycle accident fatalities in both low and high-income countries. Motorcyclists are more likely than car drivers to be killed or seriously injured in accidents. Although clothing cannot prevent major high-impact accidents, there is evidence that the use of appropriate protective clothing may have minimized or stopped half of all motorcycle injuries. Impact protectors (also known as "Driving Gear") are shields worn within the clothing that absorb and distribute the force of a direct hit. They can be worn over the wrists, elbows, hips, and knees to reduce the chance of fractures and joint injury.
The Driving Protection Gear market study is segmented and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States & Italian Vendors will contribute to the maximum growth of Global Driving Protection Gear market throughout the predicted period.
Alpinestars S.p.A (Italy), Rynox Gears HQ (India), First Manufacturing Co Inc (United States), Dainese S.p.A (Italy), Klim (United States), Sparco S.p.A. (Italy), EVS Sports (United States), Troy Lee Designs (United States), Spartan ProGear Co. (India) and Spidi Sport S.r.l (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Leatt Corporation (South Africa), Ixon (United States), Royal Enfield (India), K1 RaceGear (United States) and Urban Armor Gear, LLC (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Driving Protection Gear market by Type, Application and Region.
On the basis of geography, the market of Driving Protection Gear 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).
On 23rd October, 2020 - Royal Enfield launched New Riding Jackets with KNOX Armour, These CE certified riding jackets come with Class A protection under Personal Protective Equipment regulations.
India, Motor Vehicle Act 2019 – According to the Act it is Mandatory for Every Two-Wheeler Diver to Strictly Wear Full Coverage ISO Certified Helmet Across the Country. Any Violator is Charged Minimum Fine of Rs 1000 Which Varies States wise. and European Union, Regulation (EU) 2016/425 “Personal protective equipment (PPE)” – Motorcycle Riders are Required to Wear Protective Gloves, Boots and Helmet as Protective Gear on all Roads. Protective Gear Must be Meet Standards Accepted by European Union, Which Offer a Level of Safety and Protection Equivalent to BS 6658:1985.
- High Investments in Celebrity Endorsement
- Prevalence of Biking as a Hobby
- Increasing Number of Professional Racers
- Growing Demand for Super Bikes
- Rising Number of Biker Groups in Emerging Regions
- Growth in International Ecommerce Shopping
- Regulations Promoting Mandatory Use of Driving Protection
- Entry Barriers including Tariffs and Customs
- Presence of Counterfeit Products
- Establishing Brand Image
Key Target Audience
Driving Protection Gear Manufactures, New Entrants and Investors, Driving Protection Gear Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others