North America Biker Helmet Market was valued at US$ 238.70 million in 2019 and is projected to reach US$ 315.93 million by 2027; it is expected to grow at a CAGR of 6.07% from 2020 to 2027.
The continuous technological advancements, along with the development of innovative solutions to complement the overall riding experience, have significantly enhanced the quality of helmets than those that weremanufactured two decades earlier. Helmet manufacturers have introduced several features that augment bike visual aesthetics, ventilation, and efficiencies, along with other performance indicators. Almost all motorcycle helmets conform to specific national and, occasionally, international standards. The primary function of helmets is to reduce the deceleration injury of the skull. This is done by pressing the soft material included into the helmet. The second function is to spread the impact in order to reduce its reach to the skull, thereby preventing forces being concentrated on delicate areas of the head. Finally, it avoids direct contact between the skull and the impacting object. The mandatory helmet rule has been enforced in the North American countries to prevent serious injuries due to accidents. This factor is propelling the demand for helmets in the region.
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Factors such as an increase in the demand for motorcycles and all-terrain vehicles (ATVs), coupled with the rise in disposable income of individuals, hashad a profound positive influence over the North America Biker Helmet market growth in recent years. Furthermore, the growing middle-class income group, especially in several fast-growing states, has positively impacted the market growth, in turn,offering various profitable business opportunities for the market players in the region. Presently, the companies operating in the helmet market offer product such as half-face, full-face, off-road, and open-face styles of helmets. Moreover, the integration of Bluetooth in helmets hasenabledbikers to connect earphones, microphones, and cameras for vlogging and effective communication. Thus, the helmet market is poised to offer several profitable business opportunities for market players during the coming years. However, the strong competition from four vehicles and increasing financing options to remain a valuable substitute to a lot of bikers operating in the region.
Impact of COVID-19 Pandemic on Biker Helmet Market
COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread across the globe at a rapid pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among countries that have been the worst affected by this pandemic, in terms confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis is also affecting the growth of the biker helmet marketdue to shutting down of factories, discontinuation of supply chain, and downturn in the world economy.Though the complete impact of COVID-19 is still unidentified, the impact across the manufacturing value chain will probably be far-reaching—and strongly affecting parties involved with manufacturing industries. COVID-19 is underlining the possible risks and vulnerability of present manufacturing value chain model as well as challenging the manufacturing industry to consider altering itssupply chain model.
North America Biker Helmet Strategic Insights
Strategic insights for the North America Biker Helmet provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Biker Helmet Report Scope
| Report Attribute | Details |
| Market Size in 2019 | US$ 238.70 Million |
| Market Size by 2027 | US$ 315.93 Million |
| Global CAGR (2020 – 2027) | 6.07% |
| Historical Data | 2017-2018 |
| Forecast Period | 2020-2027 |
| Segments Covered (By Type) | Full-Face, Half-Face, Open-Face, Off-Road |
| Segments Covered (By Application) | Men, Women, Kids |
| Distribution Channels | Offline, Online |
| Regions Covered | North America (US, Canada, Mexico) |
| Key Companies | Arai, Bell, Caberg, Dainese, HJC, LS2, Shoei, Lazersport, STUDDS, Vega Helmet USA |
North America Biker Helmet Regional Insights
The geographic scope of the North America Biker Helmet refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Increasing motorcycle sales and fatality rate
Motorcycles can provide a less expensive and more sustainable form of transport than cars. They are often the primary or most abundant form of transportation among low-income individuals. Since 1945, the markets for motorcycles have rapidly developed in the North American countries. They have typically developed through imports, followed by production in local assembly plants, finally leading to full manufacturing of motorcycles and motorcycle equipment. The rate of market development varies with local circumstances. Once the production firm is located in a country, the sales and number of bikes in use, i.e., the ‘fleet’ proliferates. However, a motorcycle isnot saferthan a car. The fatality rate of motorcycle accidents is much higher than that of cars.
Type-Based MarketInsights
The biker helmet market, based on type,issegmented into full-face, half-face, open-face, and off-road. The full-face bikerhelmet segment accounted for the largest share of the market in 2019. Owing to itsoverall protection, safer and durable for both on-road and off-road applications,full-face helmets havegained a wide spread popularity among several professionals and motorcycle enthusiasts across different regions. Moreover, the availability of versatile benefits across different motorcycle riding experiences and notably a large number of product offerings across all manufacturers havegreatly influenced the significant penetration of the segment in the overall market by type.
North America Biker Helmet Strategic Insights
Strategic insights for the North America Biker Helmet provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Biker Helmet Regional Insights
The geographic scope of the North America Biker Helmet refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Akshay
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