Global Helmet Market is Projected to Reach US$ 5.5 Billion by 2023

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New report published by QY Research which offers insights on the global Helmet market. The Helmet market has been experiencing steady growth graph since past years. In 2017 the global Helmet market was valued at US$ 5.1 Billion and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 5.5 Billion growing at a value CAGR of 4% throughout the period of forecast.

Global Helmet Marketby Type

A helmet is a form of protective gear worn to protect the head from injuries. All helmets attempt to protect the user’s head by absorbing mechanical energy and protecting against penetration.In this report, Sports helmets (football, ski, etc.), Bicycle helmets, Motor vehicle helmets and Smart helmets are analyzed.

Smart helmets are combinations of ordinary helmets and high technologies, and they have a variety of intellectual functions according to diverse applications. But the development of smart helmets is still in initial stage, the number of smart helmets is very small compared with ordinary helmets, so in the report, we just give some introduction about the current situation of smart helmets and forecast the development trend of smart helmets market in the next few years.

The main types are Motorcycle helmets, Bicycle helmets and other helmets.

Global Helmet Market: Market Driver and Restraint

Helmet is used in Transportation, Sport and Dangerous Work Activities.

Bicycle and Motor vehicle is the most common application with more than 50% the market and sport is the second common application with nearly 40%of the market. Dangerous Work Activities accounts for the smallest market.

Global Helmet Market: Forecast by Region

USA, Europe, Japan and China are the regions that are included in this report. China is the dominant market in the global Helmet market in terms of value. USA is the second largest market. The Europe market is also expected to expand at a fast rate in terms of revenue over the forecast period due to the steadily increasing demand of Helmet.

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Global Helmet Market: Key Players

BRG Sports, Schuberth, Nolan, Rudy Project, YOHE, HJC, Limar, AGV (Dainese), Hehui Group, Pengcheng Helmets, AIROH, Yema, Trek Bicycle Corporation, Safety Helmets MFG, Dorel, MET, Nanhai Xinyuan Helmets, Jiujiang Jiadeshi, Zhejiang Jixiang, OGK Kabuto, Orbea, Studds and PT Tarakusuma Indah.

Smart helmets are combinations of ordinary helmets and high technologies, and they have a variety of intellectual functions according to diverse applications. But the development of smart helmets is still in initial stage, the number of smart helmets is very small compared with ordinary helmets, so in the report, we just give some introduction about the current situation of smart helmets and forecast the development trend of smart helmets market in the next few years.

For industry structure analysis, the Helmets industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 29.12% of the revenue market. Regionally, Europe is the biggest production value area of valves, also the leader in the whole Helmets industry.

China occupied 30.67% of the production market in 2015. It is followed by Europe and USA, which respectively account for around 23.35% and 17.37% of the global total industry. Other countries have a small amount of production. Geographically, China was the largest consumption market in the world, which took about 29.20% of the global consumption volume in 2015.

Bicycle and Motor vehicle is the most common application with more than 50% the market and sport is the second common application with nearly 40%of the market. Dangerous Work Activities accounts for the smallest market.

The Helmet market has been experiencing steady growth graph since past years. In 2017 the global Helmet market was valued at US$ 5.1 Billion and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 5.5 Billion growing at a value CAGR of 4% throughout the period of forecast.

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