The Biker Helmet Market was 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 North America Biker Helmet Market is growing along with the Automotive and Transportation industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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.
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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.
These factors are expected to offer broad growth opportunities in the Automotive and Transportation industry and this is expected to cause the demand for immunochemistry assays in the market.
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North America Biker Helmet Market Segmentation:
By Distribution Channel
- Vista Outdoor Inc. (Bell)
- Dainese S.p.A
- LS2 HELMETS USA (TECH DESIGN TEAM, S.L.)
- Shoei Safety Helmet Corporation (Shoei Co., Ltd.)
- Lazersport (Shimano Inc.)
- STUDDS Accessories Ltd
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