PUBLISHER: QYResearch | PRODUCT CODE: 1078194
PUBLISHER: QYResearch | PRODUCT CODE: 1078194
Due to the COVID-19 pandemic, the global motorcycle helmet market size is estimated to be worth US$ 2,400.34 million in 2022 and is forecast to a readjusted size of US$ 3,374.48 million by 2028 with a CAGR of 5.84% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Full Face Helmet accounting for 60.18% of the Motorcycle Helmet global market in 2021, is projected to value US$ 1847.42 million by 2028, growing at a revised 4.40% CAGR from 2022 to 2028. The COVID-19 epidemic has accelerated the expansion of online sales channels; the online segment is expect altered to an 9.98 % CAGR throughout this forecast period.
20 May 2020, China's government is kicking off a "One Helmet, One Belt" campaign to promote the use of helmets and seat belts; the policy result to a surge demand of helmet and prices soaring, China motorcycle helmet market size was US$ 919.45 million in 2021, while Europe was US$ 514.78 million. The proportion of the china was 40.77% in 2021, while Europe's percentage was 22.83%, and it is predicted that China market share will reach 44.45% in 2028, trailing a CAGR of 7.13 % through the analysis period. As for the Asia, the notable markets are India and Japan, CAGR is 7.25 % and 3.16 % respectively for the next 6-year period.
The motorcycle helmet market is less concentrated market; key players include Shoei, Bell Helmet, Shark, HJC, Arai, JDS, Studds, Schuberth, YOHE, Nolan Group, YEMA, AGV, Airoh, Pengcheng Helmets; the revenue of top ten manufacturers accounts about 57.86% of the total revenue in 2022. The high-end products mainly come from Japan and Europe.
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.