Helmet Market To Experience Robust Growth Owing to Increasing Safety Awareness Among People And Strict Regulations By Government Till 2022 | Million Insights

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According to new report available with Million Insights, A helmet is used to protect riders from stark injuries and decease the effect of accidents. New innovations and developments towards product developments in helmet industry including multi directional cushioning helmet which are made to withstand high impact of velocity are estimated to fuel market growth in next eight years.

A Helmet is used to protect riders from stark injuries and decease the effect of accidents. Various studies conducted by several agencies claim that using a helmet decreases intensity of impact and defends rider from fatal injuries. Superior quality material is used for premium motorcycle helmets which for rider is more comfortable when compared to material employed in making basic helmets. These helmets are equipped with different features including GPS and Bluetooth. Premium motorcycle helmets cost more than USD 250.  Premium motorcycle helmets provide high tensile strength and are light in weight as they are made of materials including carbon fiber. Demand towards premium helmets across the world is on rise due to increase in number of riders. Road traffic injurie is a primary factor affecting public health and a prominent cause of injury and death across the world Every year close to 1.2 million people lose their life’s and millions more get disabled or injured resulting from road crashes. The scenario is generally seen in middle and low income countries. Road accidents create high social costs to communities, families and individuals.

Full Research Report On Global Helmet Market Analysis available at: https://www.millioninsights.com/industry-reports/helmet-market

There is an increase in motorcycle ownership across the world due various factors such as economic developments in third world or under developed counties. This increased automobile sale in this region having a direct positive impact on helmet sales thus driving market growth. There is strict implementation of helmet laws by various government across the world as a result of increase in number of people getting injured and loosing life’s in road accidents. These rules and regulations are expected to increase sales of helmets in specified regions.  Bluetooth enabled motorcycle vehicles is a latest innovation which is commercialized lately. These Bluetooth enabled helmets are likely to boost market growth in near future. There is a trend of increased participation in motorcycle sports in developed regions, various motorcycle companies have increased their promotional activities combining with a motorsport which is having a direct impact on sales of motorcycles and helmets. Preference towards motorcycles is increasing in many urban areas and densely populated cities. Increased traffic jams result in loss of valuable human hours, concerns regarding fuel consumption are likely to boost the sales of automobile across the world having a positive effect on market growth.

New innovations and developments towards product developments in helmet industry including multi directional cushioning helmet which are made to withstand high impact of velocity are estimated to fuel market growth in next eight years. Europe is the biggest market globally with highest market share across the world. This trend is expected to continue over the forecast period. Increase in motorcycle permits in this region is a primary boosting factor for market growth in this region. Increase in number of born again middle aged riders in this region is also backing market growth of this region. Asia Pacific is the fastest growing market and is expected to grow at an estimated CAGR of over 10% for the forecast years.  Key players in industry follow various strategies including research and development and innovation towards product development and cost efficient production. Primary players in market include Vega Helmet Corporation, SHOEI CO. LTD., NZI Helmets SA, Nolan Group S.p.A, LAZER SA, HJC America Inc., Chih Tong Helmet Co. LTD., Bell Helmets and Arai Helmets Ltd.,  Global helmet market is prepared by an in-depth market analysis along with industry experts inputs. Report covers market landscape and growth opportunities in coming years. it also includes detailed description of key vendors functioning in market. Detailed description of products by technology and applications along with upstream proposals, industry development trends, marketing channels, downstream client survey, equipment and raw materials is mentioned in this report. Market is segmented by regions as Asia Pacific, North America, South America, Europe and Middle-East & Africa.

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Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Helmet in these regions, from 2012 to 2022 (forecast), covering

• North America

• Europe

• China

• Japan

• Southeast Asia

• India

Global Helmet market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• 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

• PT Tarakusuma Indah

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Motorcycle Helmets

• Bicycle Helmets

• Other Helmets

Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/consumer-goods

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Helmet for each application, including

• Transportation

• Sport

• Dangerous Work Activities

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