Top Companies in Bicycle & Motorcycle Helmets Market | Top Key Players of Industry Market Analysis, Opportunities, Supply and Demand, Price Analysis | Comprehensive Report by Vantage Market Research
The growing number of bicycle riders is driving the growth of the global demand for bicycle helmets.
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Market Overview:
The Global Bicycle & Motorcycle Helmets Market was valued at USD 7.1 Billion in 2021 and is forecast to reach a value of USD 15.5 Billion by 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 13.9% over the forecast period. Governments strictly regulate helmet use in both developed and developing countries around the world. To promote traffic safety, the Indian government has implemented legislation requiring the usage of helmets in Tier II and Tier III cities. The market for motorcycle helmets is predicted to rise as low- and middle-income nations' sales of electric motorbikes and bicycles increase. The growing popularity of motorcycles during racing events and competitions and the growing desire for luxury bikes are some of the primary reasons driving consumer demand and expanding the potential for bike helmet producers. Bicycle & Motorcycle Helmets Market expansion is projected to be fueled by increased awareness and efforts to promote driving safety.
A primary driver is the expanding consumer preference for the booming automotive industry and high-quality safety systems. In addition, consumers are becoming more aware of luxury motorcycle helmets' greater comfort and safety, which drives sales. Throughout the projected period, these factors are expected to fuel market expansion. Sports bikes are growing increasingly popular among young people due to the availability of a wide range of product modification choices. The racing event, as well as numerous clubs and cyclist groups, provide a venue for cyclists to show off their skills and represent the community while emphasizing ethical driving and road safety. This highlights the significance of wearing a helmet. These factors are propelling the Bicycle & Motorcycle Helmets market forward.
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Some of the key players operating in the Bicycle & Motorcycle Helmets Market are listed below:
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Shark is a French motorcycle helmet manufacturer that was created in 1986 in Marseille, France. 2R Holdings is the owner of Shark Helmets. Nolan Helmets, an Italian helmet maker, has also been acquired by 2R Holdings. SHARK helmets are supplied by over 5 thousand sales shops, employing over six hundred people.
Arai Helmet Limited is a Japanese firm that creates motorcycle and other motorsports helmets. The company began with hat manufacture around the turn of the century, then moved on to military headgear from 1930 onwards, industrial safety helmets during WWII, and eventually motorcycle helmets from 1952 onwards. Each fiber-reinforced plastic shell combining many reinforcing pieces set onto a spherical base (known as a "bird's nest") is hand-built by Arai.
Headquartered in Spain, Manufactures Tomas SA was founded in 1978. The company has been making goods for the two-wheeled world for the past 53 years. Currently, the company specializes in the production of safety helmets for motorcyclists that are compliant with current European laws (ECE-22.05).
Headquartered in Italy, Nolan Helmets S. P. A. is an entrepreneur in the motorcycle and car accessories industries, created Nolan Helmets S. P. A. in 1972 as an Italian motorcycle helmet company. All the components for Nolan's helmets are made in-house. The company also produces the X-Lite brand of helmets, as well as the Grex value line of helmets for beginning riders.
Headquartered in Japan, Shoei Co. Ltd. helmets have been created and built in Japan since the company's inception, even though they are distributed and sold worldwide. In the mid-1970s, Shoei was one of the first helmet manufacturers to introduce lightweight carbon-fiber helmets.
Headquartered in the U.S., Bell Sports is a cycling and motorcycle helmet manufacturer based in the United States. The Bell Star MIPS (Multi-directional Impact Protection System) motorcycle helmet is the entry-level model in the Bell Star range. A slip-plane design and a foam EPS lining are used to create it. The EPS liner is meant to deal with primary impact forces, while the MIPS reduces rotating forces to avoid brain injuries like concussions.
Headquartered in India, Studds Accessories Limited is India's and the world's top maker of helmets and motorbike accessories. Studds has a presence in more than fifty countries around the globe, including Europe, Asia, Latin America, and the Middle East, and offers a comprehensive selection of two-wheeler helmets and accessories. Studds is one of the top helmet and riding gear manufacturers in India and internationally, with over fifty million customers.
Schuberth GmbH is a German safety helmet manufacturer that makes combat helmets for the Bundeswehr (Gefechtshelm M92) and protective headgear for Formula One drivers, motorcyclists, and factory workers. In addition, personal protective equipment, such as facial protection, ear defenders, and freezing weather gear, is also produced by the company. The company began making safety helmets in 1922 in Braunschweig, Lower Saxony and has been doing so for the past 90 years. Schuberth is headquartered in Magdeburg and employs over three hundred people, producing 1.5 million helmets annually.
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