Cycling Helmet Market Research: Regional Demand, Top Competitors, and Forecast 2030


 Cycling Helmet Market -Overview

The increased reference for outdoor-based active lifestyles is estimated to promote the demand for the cycling helmet market. The market's report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. The market is anticipated to show a 3.2% CAGR by 2030.

The development of infrastructure for bicyclists in several regions is estimated to reinforce the cycling helmet market progress in the forecast period. The increased emphasis on ensuring safety standards for bicyclists is foreseen to spur the cycling helmet market share in the coming period.

Competitive Analysis

The activation of different avenues for development is estimated to kickstart the market development. The competition in the market is estimated to spur innovation in the market leading to the introduction of new products in the market. The swift changes in consumer preferences are predicted to motivate global market advancement. The focus on sustainability is also assessed to influence the long-term expansion of the market significantly. The favorable influence of global administration is estimated to promote global trade in the market. The discovery of new markets is likely further to enhance the chances for success in the forthcoming period. The upgrades in delivery strategies are anticipated to further boost the market progress in the near future. The foray of digitization-based strategies into operation management and forecasting is predicted to transform the global market in the forecast duration. The investment by market players towards developing the future potential for progress is likely to open up market potential. The establishment of strong research and development protocols is estimated to benefit the market in multiple ways in the future.

The outstanding companies in the cycling helmet market are Vista Outdoor Operations LLC (US), Orbea (Spain), Giant Manufacturing Co., Ltd (China), Specialized Bicycle Components (US), Dorel Sports (Canada), Polisport Plásticos SA (Portugal), Uvex Sports (Germany), Urge Bike Products (France), Trek Bicycle Corporation (US), Limar Srl (Italy), MET-Helmets (Italy), SCOTT Sports SA. (Switzerland), KASK S.p.a. (Italy), Merida & Centurion Germany GmbH (Germany), Amer Sports (Finland), POC Sweden AB (Sweden), and LAS helmets (Italy)

Segmental Analysis

The segmental study of the cycling helmet market research report is conducted on the basis of type, application, and region. The application segment of the cycling helmet market consists of sports, adventure, and daily transportation. The region segment of the cycling helmet market consists of Europe, the Middle East, Asia Pacific, South America, Africa, and North America. The type segment of the cycling helmet market consists of sports helmets, road helmets, and MTB helmets.

Regional Overview

The regional study of the cycling helmet market share consists of Europe, the Middle East, Asia Pacific, South America, Africa, and North America. The European cycling helmet market was the major market for cycling helmets in 2018, and the regional market is projected to uphold its authority during the forecast period. In the region of Europe, the cycling helmet market in Italy is projected to show the highest growth rate of 7.46% all through the forecast period. The North American cycling helmet market held a noteworthy market portion and was the second principal market for cycling helmets in 2018. The Asia Pacific cycling helmet market is projected to list the highest CAGR throughout the forecast period. The growing safety concerns concerning the rising instances of road accidents are an important factor in this region's cycling helmet market growth.

Industry Updates:

May 2021 LIVALL, the world's primary smart and safe cycling helmet brand, has taken the cycling world after presenting its novel EVO21 Smart Helmet on Indiegogo. Since being launched on the crowdfunding platform on May 13, the EVO21 Smart Helmet has drawn 1615 backers, with the financial backing of over USD 207,124. Vivid, lighter and safer than any other head covering on the market, the iF Gold-awarded EVO21 Smart Helmet presents unmatched active safety for cyclists on the road, aiding them to prevent collisions before they happen.

Dec 2020 Hexr, a Custom helmet brand, has introduced a novel smartphone app that lets customers 3D scan their heads at home before getting their bespoke helmet finished. The newest means in Machine Vision to take over 250,000 data points of a customer's head shape, delivers 600 million people globally access to its custom-made helmets, which it also asserts are 26% more likely to decrease brain injury than a normal foam helmet thanks to a cellular assembly. As soon as customers place their order, Hexr delivers a special fitting cap with a metal tag at the anterior, which the app senses and uses for adjustment. A luminous dome then materializes around the head, which is slowly 'painted' green by the individual working the app, who moves the smartphone about the cap wearer's head up until the whole dome is green.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Comments

Post a Comment

Popular posts from this blog

RTD Beverages Market Outlook: Competitor, Regional Revenue, and Forecast 2032

Image
  RTD Beverages Market Scope The RTD beverages market will touch around USD 47.357 billion by 2030, recording a CAGR 5.40% between 2023 and 2032, reveals Market Research Future (MRFR). Growth Boosters and Challenges Ready to drink beverages have gained massive demand worldwide, particularly among millennials. The demand is especially high for RTD juices, nectars, and smoothies, in line with the emerging trend of a healthier lifestyle among consumers. The mass across the globe is growing aware of the different beverages and food they consume and carry out comparisons of the products to gain the benefits. Surging consumer awareness, a heightened number of informed consumers with clearer expectations, and their willingness to buy healthy goods can enhance the RTD beverages market outlook in the years ahead. Additionally, mounting awareness level about the toxic impact of alcohol consumption among the consumers is compelling them to go for RTD non-alcoholic beverages instead of ...
Read more

Europe Herbal Cigarettes Market Outlook with Investment, Gross Margin, and Forecast 2032

Image
Herbal Cigarettes Market Overview Herbal Cigarettes market Size Anticipated to Reach at a CAGR of 5.90% By 2023 – 2032 The herbal cigarettes market in Europe is growing steadily, driven by stringent anti-smoking regulations and a high level of health consciousness among consumers. Countries like the UK, Germany, and France are leading the demand for herbal cigarettes, as more people seek alternatives to traditional tobacco products. Herbal cigarettes, free from nicotine and tobacco, offer a perceived healthier option, appealing to both smokers looking to quit and those seeking a less harmful social smoking experience. The market features a wide array of products made from ingredients such as hemp, green tea, and various herbs, with popular flavors including menthol, clove, and other exotic blends. The European market benefits from a strong trend towards organic and natural products, with consumers increasingly prioritizing health and wellness. Both online and offline distribution chan...
Read more

Organic Soybean Market Share, Top Competitor, Regional Portfolio, and Forecast 2030

Image
Organic Soybean Market Overview The Organic Soybean Market has observed continued demand during the last few years and is projected to reach USD 3.433 billion at a CAGR of 12.56 % by 2030. Market Dynamics Vegan lifestyles are becoming more popular in many parts of the world. The good marketing done around the consumption of organic food and non-food items has contributed to the growth of veganism. Furthermore, there is little disagreement regarding the importance of eating organic foods for people who desire to live a greener lifestyle. As a result of the retaliation for animal cruelty, numerous people have become interested in becoming vegans. In the years ahead, the worldwide organic soybean market share is expected to grow by a significant amount. The demand for organic soybeans in the worldwide market is expected to rise in the coming years. The use of this type of soybean in the development of new recipes and cuisines has produced a huge market demand. The culinary sector has pro...
Read more