Protective Motorbike Riding Gear Market size to grow by USD 4,457.03 million from 2022 to 2027; The increasing number of road accidents globally to boost market growth

Jan 29, 2024

NEW YORK, June 7, 2023 /PRNewswire/ -- The protective motorbike riding gear market size is forecast to increase by USD 4,457.03 million from 2022 to 2027, at a CAGR of 5.97%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing number of road accidents, growing focus on innovations in protective motorbike riding gears, and regulatory mandates for using motorcycle helmets. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Alpinestars USA Inc., ARAI Helmet Ltd., Belstaff International Ltd., Caberg Spa, Dainese Spa, FLY Racing, Leatt Corp., REVIT Sport International BV, RYNOX GEARS, Schuberth GmbH, Sena Technologies Inc., SHOEI Co. Ltd., Shot Race Gear USA, Spidi Sport Srl, SULLIVANS Inc., Vale Brothers Ltd., Vega Auto Accessories Pvt. Ltd., Vista Outdoor Inc., Youngone Corp., and ZEUS MOTORCYCLE GEAR

Key Benefits for Industry Players & Stakeholders –

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.

It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.

The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Protective Motorbike Riding Gear Market - Segmentation

The market is segmented by Product (Helmets, Apparels, and Others), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and Middle East and Africa).

· The market share growth by the helmets segment will be significant during the forecast period. Motorcyclists of varying types wear it for their daily commute, travel, road trips, and sports activities. There are several different helmets available on the market that are appropriate for various uses. These helmets meet several local criteria. Hence, such factors drive segment growth during the forecast period.

· By geography, the market is APAC, North America, Europe, South America, and Middle East and Africa. APAC is estimated to contribute 81% to the growth of the global protective motorbike riding gear market during the forecast period. With the increasing adoption of motorcycles, countries such as India, China, Indonesia, and Thailand also contribute to the demand for protective clothing for motorcycles due to high sales volume of these protective equipment.

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Protective Motorbike Riding Gear Market - Market Dynamics

Key Drivers

The increasing number of road accidents is one of the key factors driving the protective motorbike riding gear market growth. The rise in traffic accidents brought on by inadequate road infrastructure and growth in the number of cars on the road is one of the major problems for motorcyclists. Drivers are frequently injured in traffic accidents, which can result in chronic health complications that lead to various disabilities.

Road accidents also frequently result in long-term health issues that cause a range of disabilities. Therefore, educating people about the consequences of road accidents will encourage them to raise their awareness and adopt different protective equipment for motorcycles. In order to reduce distractions, motorcycle riders all around the world are increasingly employing various add-on items, including visors and helmet screens. All these factors will accelerate the adoption of motorcycle protective equipment and drive the growth of the market during the forecast period.

Major Trends

The growing popularity of Smart Helmets is a key trend in the market. The increased demand and popularity of smart products around the world due to factors including smart technology advancements and growing consumer awareness have compelled market players to innovate and introduce smart helmets. Although smart helmets are slightly more expensive than standard helmets, demand is being driven by their features and comfort. Additionally, the helmet manufacturer is installing wireless technology into its latest products to make them compatible with currently available smart devices. The features which are present in smart helmets features include ambient audio capabilities, advanced noise control, built-in speakers and microphones, and audio multitasking. Hence, these smart helmets are coupled with various features, and the growing preference for connected devices is expected to drive the market's expansion during the forecast period.

Significant Challenges

Fluctuations in raw material prices are challenging the growth of the market. Motorcyclist protective equipment such as knee pads, helmets, boots, and elbow pads are made from various raw materials which depend on their individual function. Thermoplastic shells, advanced fiberglass shells, Kevlar and carbon composite shells, and various expanded polystyrene (EPS) foams are the commonly used raw materials for helmets.

The clothing which is used to make protective helmets is made of textile or leather. While leather is the most used material for motorcycle protective gear, technological advances are encouraging the use of durable synthetic leather riding suits with proper padding and safety measures. The popularity of these riding suits is increasing due to their lightweight and low price. Depending on the price of oil, prices for these materials can change and fluctuate. These factors will affect the growth of the market during the forecast period.

Get a holistic overview of the protective motorbike riding gear market by industry experts to evaluate and develop growth strategies. Download the Sample

What are the key data covered in this protective Motorbike Riding Gear Market report?

· CAGR of the market during the forecast period

· Detailed information on factors that will drive the growth of the protective motorbike riding gear market between 2023 and 2027

· Precise estimation of the size of the protective motorbike riding gear market and its contribution to the market in focus on the parent market

· Accurate predictions about upcoming trends and changes in consumer behavior

· Growth of the protective motorbike riding gear market across APAC, North America, Europe, South America, and Middle East and Africa

· A thorough analysis of the market's competitive landscape and detailed information about vendors

· Comprehensive analysis of factors that will challenge the growth of Protective Motorbike Riding Gear Market vendors.

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Protective Motorbike Riding Gear Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.97%

Market growth 2023-2027

USD 4,457.03 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.11

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 81%

Key countries

US, China, India, Indonesia, and Thailand

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alpinestars USA Inc., ARAI Helmet Ltd., Belstaff International Ltd., Caberg Spa, Dainese Spa, FLY Racing, Leatt Corp., REVIT Sport International BV, RYNOX GEARS, Schuberth GmbH, Sena Technologies Inc., SHOEI Co. Ltd., Shot Race Gear USA, Spidi Sport Srl, SULLIVANS Inc., Vale Brothers Ltd., Vega Auto Accessories Pvt. Ltd., Vista Outdoor Inc., Youngone Corp., and ZEUS MOTORCYCLE GEAR

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

· 1.1 Market overview

· Exhibit 01: Executive Summary – Chart on Market Overview

· Exhibit 02: Executive Summary – Data Table on Market Overview

· Exhibit 03: Executive Summary – Chart on Global Market Characteristics

· Exhibit 04: Executive Summary – Chart on Market by Geography

· Exhibit 05: Executive Summary – Chart on Market Segmentation by Product

· Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel

· Exhibit 07: Executive Summary – Chart on Incremental Growth

· Exhibit 08: Executive Summary – Data Table on Incremental Growth

· Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

· 2.1 Market ecosystem

· Exhibit 10: Parent market

· Exhibit 11: Market Characteristics

3 Market Sizing

· 3.1 Market definition

· Exhibit 12: Offerings of vendors included in the market definition.

· 3.2 Market segment analysis

· Exhibit 13: Market segments.

· 3.3 Market size 2022

· 3.4 Market outlook: Forecast for 2022-2027

· Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)

· Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)

· Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)

· Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

· 4.1 Global protective motorbike riding gear market 2017 - 2021

· Exhibit 18: Historic Market Size – Data Table on global protective motorbike riding gear market 2017 - 2021 ($ million)

· 4.2 Product Segment Analysis 2017 - 2021

· Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

· 4.3 Distribution channel Segment Analysis 2017 - 2021

· Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

· 4.4 Geography Segment Analysis 2017 - 2021

· Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

· 4.5 Country Segment Analysis 2017 - 2021

· Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

· 5.1 Five forces summary

· Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

· 5.2 Bargaining power of buyers

· Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

· 5.3 Bargaining power of suppliers

· Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

· 5.4 Threat of new entrants

· Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

· 5.5 Threat of substitutes

· Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

· 5.6 Threat of rivalry

· Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

· 5.7 Market condition

· Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

· 6.1 Market segments

· Exhibit 30: Chart on Product - Market share 2022-2027 (%)

· Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

· 6.2 Comparison by Product

· Exhibit 32: Chart on Comparison by Product

· Exhibit 33: Data Table on Comparison by Product

· 6.3 Helmets - Market size and forecast 2022-2027

· Exhibit 34: Chart on Helmets - Market size and forecast 2022-2027 ($ million)

· Exhibit 35: Data Table on Helmets - Market size and forecast 2022-2027 ($ million)

· Exhibit 36: Chart on Helmets - Year-over-year growth 2022-2027 (%)

· Exhibit 37: Data Table on Helmets - Year-over-year growth 2022-2027 (%)

· 6.4 Apparels - Market size and forecast 2022-2027

· Exhibit 38: Chart on Apparels - Market size and forecast 2022-2027 ($ million)

· Exhibit 39: Data Table on Apparels - Market size and forecast 2022-2027 ($ million)

· Exhibit 40: Chart on Apparels - Year-over-year growth 2022-2027 (%)

· Exhibit 41: Data Table on Apparels - Year-over-year growth 2022-2027 (%)

· 6.5 Others - Market size and forecast 2022-2027

· Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)

· Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)

· Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)

· Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

· 6.6 Market opportunity by Product

· Exhibit 46: Market opportunity by Product ($ million)

· Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

· 7.1 Market segments

· Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)

· Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)

· 7.2 Comparison by Distribution Channel

· Exhibit 50: Chart on Comparison by Distribution Channel

· Exhibit 51: Data Table on Comparison by Distribution Channel

· 7.3 Offline - Market size and forecast 2022-2027

· Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 ($ million)

· Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 ($ million)

· Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)

· Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)

· 7.4 Online - Market size and forecast 2022-2027

· Exhibit 56: Chart on Online - Market size and forecast 2022-2027 ($ million)

· Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 ($ million)

· Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)

· Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)

· 7.5 Market opportunity by Distribution Channel

· Exhibit 60: Market opportunity by Distribution Channel ($ million)

· Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

· 8.1 Customer landscape overview

· Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

· 9.1 Geographic segmentation

· Exhibit 63: Chart on Market share by geography 2022-2027 (%)

· Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

· 9.2 Geographic comparison

· Exhibit 65: Chart on Geographic comparison

· Exhibit 66: Data Table on Geographic comparison

· 9.3 APAC - Market size and forecast 2022-2027

· Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)

· Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)

· Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)

· Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

· 9.4 North America - Market size and forecast 2022-2027

· Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)

· Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)

· Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)

· Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

· 9.5 Europe - Market size and forecast 2022-2027

· Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)

· Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)

· Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)

· Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

· 9.6 South America - Market size and forecast 2022-2027

· Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)

· Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)

· Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)

· Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

· 9.7 Middle East and Africa - Market size and forecast 2022-2027

· Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)

· Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)

· Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)

· Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

· 9.8 China - Market size and forecast 2022-2027

· Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)

· Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)

· Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)

· Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

· 9.9 India - Market size and forecast 2022-2027

· Exhibit 91: Chart on India - Market size and forecast 2022-2027 ($ million)

· Exhibit 92: Data Table on India - Market size and forecast 2022-2027 ($ million)

· Exhibit 93: Chart on India - Year-over-year growth 2022-2027 (%)

· Exhibit 94: Data Table on India - Year-over-year growth 2022-2027 (%)

· 9.10 Indonesia - Market size and forecast 2022-2027

· Exhibit 95: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)

· Exhibit 96: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)

· Exhibit 97: Chart on Indonesia - Year-over-year growth 2022-2027 (%)

· Exhibit 98: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)

· 9.11 US - Market size and forecast 2022-2027

· Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)

· Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)

· Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)

· Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

· 9.12 Thailand - Market size and forecast 2022-2027

· Exhibit 103: Chart on Thailand - Market size and forecast 2022-2027 ($ million)

· Exhibit 104: Data Table on Thailand - Market size and forecast 2022-2027 ($ million)

· Exhibit 105: Chart on Thailand - Year-over-year growth 2022-2027 (%)

· Exhibit 106: Data Table on Thailand - Year-over-year growth 2022-2027 (%)

· 9.13 Market opportunity by geography

· Exhibit 107: Market opportunity by geography ($ million)

· Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

· 10.1 Market drivers

· 10.2 Market challenges

· 10.3 Impact of drivers and challenges

· Exhibit 109: Impact of drivers and challenges in 2022 and 2027

· 10.4 Market trends

11 Vendor Landscape

· 11.1 Overview

· 11.2 Vendor landscape

· Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

· 11.3 Landscape disruption

· Exhibit 111: Overview on factors of disruption

· 11.4 Industry risks

· Exhibit 112: Impact of key risks on business

12 Vendor Analysis

· 12.1 Vendors covered

· Exhibit 113: Vendors covered

· 12.2 Market positioning of vendors

· Exhibit 114: Matrix on vendor position and classification

· 12.3 Alpinestars USA Inc.

· Exhibit 115: Alpinestars USA Inc. - Overview

· Exhibit 116: Alpinestars USA Inc. - Product / Service

· Exhibit 117: Alpinestars USA Inc. - Key offerings

· 12.4 ARAI Helmet Ltd.

· Exhibit 118: ARAI Helmet Ltd. - Overview

· Exhibit 119: ARAI Helmet Ltd. - Product / Service

· Exhibit 120: ARAI Helmet Ltd. - Key offerings

· 12.5 Belstaff International Ltd.

· Exhibit 121: Belstaff International Ltd. - Overview

· Exhibit 122: Belstaff International Ltd. - Product / Service

· Exhibit 123: Belstaff International Ltd. - Key offerings

· 12.6 Caberg Spa

· Exhibit 124: Caberg Spa - Overview

· Exhibit 125: Caberg Spa - Product / Service

· Exhibit 126: Caberg Spa - Key offerings

· 12.7 Dainese Spa

· Exhibit 127: Dainese Spa - Overview

· Exhibit 128: Dainese Spa - Product / Service

· Exhibit 129: Dainese Spa - Key offerings

· 12.8 FLY Racing

· Exhibit 130: FLY Racing - Overview

· Exhibit 131: FLY Racing - Product / Service

· Exhibit 132: FLY Racing - Key offerings

· 12.9 Leatt Corp.

· Exhibit 133: Leatt Corp. - Overview

· Exhibit 134: Leatt Corp. - Business segments

· Exhibit 135: Leatt Corp. - Key offerings

· Exhibit 136: Leatt Corp. - Segment focus

· 12.10 REVIT Sport International BV

· Exhibit 137: REVIT Sport International BV - Overview

· Exhibit 138: REVIT Sport International BV - Product / Service

· Exhibit 139: REVIT Sport International BV - Key offerings

· 12.11 Schuberth GmbH

· Exhibit 140: Schuberth GmbH - Overview

· Exhibit 141: Schuberth GmbH - Product / Service

· Exhibit 142: Schuberth GmbH - Key offerings

· 12.12 Sena Technologies Inc.

· Exhibit 143: Sena Technologies Inc. - Overview

· Exhibit 144: Sena Technologies Inc. - Product / Service

· Exhibit 145: Sena Technologies Inc. - Key offerings

· 12.13 SHOEI Co. Ltd.

· Exhibit 146: SHOEI Co. Ltd. - Overview

· Exhibit 147: SHOEI Co. Ltd. - Product / Service

· Exhibit 148: SHOEI Co. Ltd. - Key news

· Exhibit 149: SHOEI Co. Ltd. - Key offerings

· 12.14 Spidi Sport Srl

· Exhibit 150: Spidi Sport Srl - Overview

· Exhibit 151: Spidi Sport Srl - Product / Service

· Exhibit 152: Spidi Sport Srl - Key offerings

· 12.15 SULLIVANS Inc.

· Exhibit 153: SULLIVANS Inc. - Overview

· Exhibit 154: SULLIVANS Inc. - Product / Service

· Exhibit 155: SULLIVANS Inc. - Key offerings

· 12.16 Vista Outdoor Inc.

· Exhibit 156: Vista Outdoor Inc. - Overview

· Exhibit 157: Vista Outdoor Inc. - Business segments.

· Exhibit 158: Vista Outdoor Inc. - Key offerings

· Exhibit 159: Vista Outdoor Inc. - Segment focus

· 12.17 ZEUS MOTORCYCLE GEAR

· Exhibit 160: ZEUS MOTORCYCLE GEAR - Overview

· Exhibit 161: ZEUS MOTORCYCLE GEAR - Product / Service

· Exhibit 162: ZEUS MOTORCYCLE GEAR - Key offerings

13 Appendix

· 13.1 Scope of the report

· 13.2 Inclusions and exclusions checklist

· Exhibit 163: Inclusions checklist

· Exhibit 164: Exclusions checklist

· 13.3 Currency conversion rates for US$

· Exhibit 165: Currency conversion rates for US$

· 13.4 Research methodology

· Exhibit 166: Research methodology

· Exhibit 167: Validation techniques employed for market sizing

· Exhibit 168: Information sources

· 13.5 List of abbreviations

· Exhibit 169: List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com

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