PUBLISHER: TechNavio | PRODUCT CODE: 1253535
PUBLISHER: TechNavio | PRODUCT CODE: 1253535
Technavio has been monitoring the bike helmet market and is forecast to grow by USD 325.36 mn during 2022-2027, accelerating at a CAGR of 5.91% during the forecast period. Our report on the bike helmet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of mountain bicycle clubs and events, rise in government initiatives promoting cycling, and growing prominence of biking as an outdoor recreational activity.
Technavio's bike helmet market is segmented as below:
By Type
By Application
By Geography
This study identifies the rising prominence of online sales as one of the prime reasons driving the bike helmet market growth during the next few years. Also, the emergence of smart cycling helmets and increasing demand for customized cycling helmets will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the bike helmet market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bike helmet market vendors that include ABUS August Bremicker Sons KG, Casco International GmbH, Giant Bicycle India, Guangdong Senhai sporting goods Co. Ltd., Halfords Group Plc, KASK Spa, Limar Srl, Locatelli Spa, Louis Garneau, MAVIC Group, Merida Industry Co. Ltd., MET SPA, ORBEA S. COOP. LTDA, Rudy Project SpA, SCOTT Sports SA, Shenzhen GUB Bicycle Trading Co. Ltd., Shunde Moon Helmet Co. Ltd, Specialized Bicycle Components Inc., Trek Bicycle Corp., and ZhuHai Safety Helmets MFG Co. Ltd. Also, the bike helmet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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