End-user (Rider, Passenger)
Rider segment is predicted to dominate over 89.1% motorcycle helmet market share by 2037. The segment drives the market through increased motorcycle use, growing safety awareness, demand for specialized and technologically advanced helmets, and evolving rider preferences. As per estimates, the motorcycle industry is estimated to reach USD 10.07 billion by 2029. Riders often seek helmets tailored to specific needs, such as racing helmets, adventure helmets, or helmets with integrated communication systems. This demand encourages manufacturers to develop and market specialized products.
Product (Full Face, Open Face, Off-Road/Racing)
By the end of 2037, full face segment is expected to account for more than 60.1% motorcycle helmet market share on account of the safety offered by full face helmets, which are composed of lightweight materials such as fiberglass-reinforced plastic and carbon fiber. It has been found that full-face motorcycle helmets offer 45.3% more safety than other available helmets. They provide total facial protection by covering the largest area of the head and also provide defense against weather-related hazards and debris while riding. Full-face motorcycle helmets are better than other helmet styles in terms of comfort and noise reduction as they let in the least amount of wind noise.
The open face helmets segment is anticipated to increase at a profitable rate in the coming years as they appear to be becoming increasingly popular among young people. Compared to bulky full-face helmets, open-face helmets are significantly lighter and allow one to hear what other riders and pillions are saying more clearly and converse with them more easily. In addition, the design of open face helmets provides a better ventilation system that might aid in keeping the rider's head cool even on warm days.
Distribution Channel (Offline, Online)
The online segment is estimated to be the fastest-growing segment with a significant CAGR. Online platforms allow brands to reach a global audience beyond geographical limitations, increasing market access. Customers can easily compare products, read reviews, and make purchases from the comfort of their homes, enhancing user experience. Moreover, digital advertising and social media campaigns can target specific demographics and interests, effectively reaching motorcycle enthusiasts. E-commerce websites like Amazon and eBay have seen significant sales in motorcycle helmets.
Our in-depth analysis of the motorcycle helmet market includes the following segments:
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Author Credits: Parul Atri
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