North America Biker Helmet Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Type (Full-Face, Half-Face, Open-Face, and Off-Road); Application (Men, Women, and Kids), Distribution Channel (Offline and Online)
The biker helmet marketwas 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.
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.
Lucrative Region for Biker Helmet Market
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Market Insights
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.
Biker Helmet Market, by Type– 2019and 2027
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Application-Based MarketInsights
The biker helmet market, based on application,is segmentedinto men, women, and kids.In 2019, the mensegment accounted for the largest share ofthe market, whereas the womensegment is expected to register the fastest CAGR during the forecast period. The notable number of male automotive enthusiasts across North American has contributed significantly in the leading market share owing to the major number of market players providing biker helmets designed for men. Furthermore, the considerably larger availability of product portfolio, along with participation of men in competitive and leisure two-wheeler automobileactivities, has greatly contributed to the market share of the men segment in the biker helmet market, by application.
Distribution Channel-Based MarketInsights
The biker helmet market, based on distribution channel,is segmented into offline and online.In 2019, the offline segment dominated the North America biker helmet market, whereas the online segment is expected to register the highest CAGR during 2019–2027.The offline-based distribution channels such as physical stores, retailers, and showrooms dominated the market owing to their early market introduction and significant number of physical stores operating across North America. Additionally, the availability of international helmet brands and growing number of manufacturers in the region over the years havefurther boosted the number of retailers, suppliers, and distributors in the region.
Strategic Insights
Product developmentis the commonly adopted strategy by companies to expand their product portfolio. Arai Helmet, Inc. (Arai), Vista Outdoor Inc. (Bell), CabergS.p.a, Dainese S.p.A, HJC Corp, LS2 HELMETS USA (TECH DESIGN TEAM, S.L.), Shoei Safety Helmet Corporation (Shoei Co., Ltd.), Lazersport (Shimano Inc.), STUDDS Accessories Ltd, and Vega Helmet USAare among the market players implementing this strategyto enlarge the customer base and gain significant market share, which, in turn, permits them maintain their brand name in the North America biker helmet market.
Report Spotlights
- Progressive industry trends in the North America biker helmet marketthat help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the North America biker helmet marketfrom 2018 to 2027
- Estimation of North America biker helmet marketdemand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the market competition anddemand
- Market trends and outlook, coupled with factors driving and restraining the growth of the North America biker helmet market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the North America biker helmet market
- North America biker helmet marketsize at various nodes of market
- Detailed overview and segmentation of the North America biker helmet market, as well as its dynamics in the industry
- North America biker helmet marketsize in various regions with promising growth opportunities
North America Biker Helmet Market Segmentation:
By Type
- Full-Face
- Half-Face
- Open-Face
- Off-Road
By Application
- Men
- Women
- Kids
By Distribution Channel
- Offline
- Online
Company Profiles
- Arai Helmet, Inc. (Arai)
- Vista Outdoor Inc. (Bell)
- CabergS.p.a
- Dainese S.p.A
- HJC Corp
- LS2 HELMETS USA (TECH DESIGN TEAM, S.L.)
- Shoei Safety Helmet Corporation (Shoei Co., Ltd.)
- Lazersport (Shimano Inc.)
- STUDDS Accessories Ltd
- Vega Helmet USA
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Biker Helmet Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert opinion
5. Biker helmet Market –Market Dynamics
5.1 Market Drivers
5.1.1 Increasing motorcycle sales and fatality rate
5.1.2 Increasing ATV fatality rate
5.2 Market Restraints
5.2.1 Shift to four-wheeler/car
5.3 Market Opportunities
5.3.1 Entry of electric bikes
5.4 Future Trends
5.4.1 HUD in biker helmet
5.5 Impact Analysis of Drivers and Restraints
6. Biker Helmet Market – North America Analysis
6.1 Biker Helmet Market – Revenue and Forecast to 2027 (US$ Million)
7. Biker Helmet Market Analysis – By Type
7.1 Overview
7.2 Biker Helmet Market, By Type (2019 and 2027)
7.3 Off-Road
7.3.1 Overview
7.3.2 Off-Road: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Open Face
7.4.1 Overview
7.4.2 Open Face: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
7.5 Full Face
7.5.1 Overview
7.5.2 Full Face: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
7.6 Half Face
7.6.1 Overview
7.6.2 Half Face: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
8. Biker Helmet Market Analysis – By Application
8.1 Overview
8.2 Biker Helmet Market, By Application (2019 and 2027)
8.3 Men
8.3.1 Overview
8.3.2 Men: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Women
8.4.1 Overview
8.4.2 Women: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Kids
8.5.1 Overview
8.5.2 Kids: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
9. Biker Helmet Market Analysis – By Distribution Channel
9.1 Overview
9.2 Biker Helmet Market, By Distribution Channel (2019 and 2027)
9.3 Online
9.3.1 Overview
9.3.2 Online: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
9.4 Offline
9.4.1 Overview
9.4.2 Offline: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
10. Biker Helmet Market – Geographic Analysis
10.1 Overview
10.1.1 North America: Biker Helmet Market, by Key Country
10.1.1.1 US: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.1.1 US: Biker Helmet Market, by Type
10.1.1.1.2 US: Biker Helmet Market, by Application
10.1.1.1.3 US: Biker Helmet Market, by Distribution Channel
10.1.1.2 Canada: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.2.1 Canada: Biker Helmet Market, by Type
10.1.1.2.2 Canada: Biker Helmet Market, by Application
10.1.1.2.3 Canada: Biker Helmet Market, by Distribution Channel
10.1.1.3 Mexico: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
10.1.1.3.1 Mexico: Biker Helmet Market, by Type
10.1.1.3.2 Mexico: Biker Helmet Market, by Application
10.1.1.3.3 Mexico: Biker Helmet Market, by Distribution Channel
11. Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 Pandemic On Global Biker Helmet Market
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiatives and Business Strategies
13. Company Profiles
13.1 Arai Helmet, Inc. (Arai)
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Vista Outdoor Inc. (Bell)
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Caberg S.p.a.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Dainese S.p.A
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 HJC Corp.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 LS2 HELMETS USA (TECH DESIGN TEAM, S.L.)
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Shoei Safety Helmet Corporation (Shoei Co., Ltd.)
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Lazersport (Shimano Inc.)
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 STUDDS Accessories Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vega Helmet USA
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Biker helmet Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. US: Biker Helmet Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. US: Biker Helmet Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 4. US: Biker Helmet Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 5. Canada: Biker Helmet Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada: Biker Helmet Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada: Biker Helmet Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico: Biker Helmet Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico: Biker Helmet Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Mexico: Biker Helmet Market, by Distribution Channel –Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. Biker Helmet Market Segmentation
Figure 2. Biker Helmet Market Segmentation – By Country
Figure 3. North America Biker Helmet Market Overview
Figure 4. Biker Helmet Market by Type
Figure 5. Biker Helmet Market by Application
Figure 6. Biker Helmet Market by Distribution Channel
Figure 7. North America Biker Helmet Market by Country
Figure 8. North America: PEST Analysis
Figure 9. Expert Opinion
Figure 10. Biker helmet Market Impact Analysis of Drivers and Restraints
Figure 11. Biker helmet Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Biker Helmet Market Revenue Share, by Type (2019 and 2027)
Figure 13. Off-Road: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Open Face: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Full Face: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Half Face: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Biker Helmet Market Revenue Share, by Application (2019 and 2027)
Figure 18. Men: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Women: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Kids: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Biker Helmet Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 22. Online: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Offline: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. North America: Biker Helmet Market Revenue Share, by Key Country (2019 and 2027)
Figure 25. US: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Canada: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Mexico: Biker Helmet Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic in North American Country Markets
The List of Companies - Biker Helmet Market
- Arai Helmet, Inc. (Arai)
- Vista Outdoor Inc. (Bell)
- Caberg S.p.a.
- Dainese S.p.A
- HJC Corp
- LS2 HELMETS USA (TECH DESIGN TEAM, S.L.)
- Shoei Safety Helmet Corporation (Shoei Co., Ltd.)
- Lazersport (Shimano Inc.)
- STUDDS Accessories Ltd
- Vega Helmet USA
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America Biker Helmetmarket, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to components, aircraft type, and end-users.