The Europe Motorcycle Helmet Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
Motorcycle helmets are essential safety gear for riders, protecting the head in the event of accidents or collisions. Many motorcycle riders view helmets as crucial pieces of protective gear. Additionally, many motorcycle helmet producers have emerged with high-end characteristics to entice customers to wear helmets. Few manufacturers have integrated augmented reality (AR) helmets that can show the speedometer and GPS maps on the helmet's visor.
Demand for the product will increase as people become more mindful of road safety. The widespread use of two-wheeler helmets is also anticipated to increase throughout the forecast period due to a rise in the number of motorbikes as well as sports bike fans and growing worries about traffic injuries. In terms of efforts and identifying long-term solutions for practical prevention, road traffic accidents have grown to be a significant concern for public authorities. The United Nations Economic Commission for Europe reports that motorcyclists have a mortality risk that is twenty-six times higher than drivers of passenger cars when it comes to being involved in a collision on the road. This data was published in the United Nations Motorcycle Helmet Study. Wearing a suitable helmet increases riders' odds of survival by 42% and contributes to reducing injury rates by 69%.
Europe is a popular destination for motorcycle touring and hosts various motorcycle events, rallies, and races that draw riders worldwide. Held in the picturesque town of Faak am See, Austria, the European Bike Week is one of the largest Harley-Davidson gatherings in Europe. The Isle of Man TT is among the world's most famous and challenging motorcycle races. Riders compete on public roads, navigating the island's treacherous and iconic Mountain Course. The event attracts racers and spectators from across the globe.
Similarly, the Stelvio International Motorcycle Rally (Italy) offers riders breathtaking mountain scenery, challenging roads, and a festive atmosphere. It's a popular gathering for adventure and sport-touring motorcycle enthusiasts. Some other famous motorcycle tours include Picos & Pyrenees Motorcycle Tour (Spain), Elefantentreffen (Elephant Rally, Germany), Dragon Rally (Wales, UK), Adriatic Moto Tours (Balkan Region), Tour de France Moto (France), Faro Motorcycle Rally (Portugal), and Scottish Motorcycle Show (Scotland, UK). Therefore, the regional market will expand in the coming years owing to increasing motorcycle tourism and safety regulations.
The Germany market dominated the Europe Motorcycle Helmet Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $114.3 Million by 2030. The UK market is experiencing a CAGR of 5.7% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 7.4% during (2023 - 2030).
Free Valuable Insights: The Global Motorcycle Helmet Market will Hit $3.6 Billion by 2030, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dainese S.p.A, HJC Helmets, SHOEI Co., Ltd., Alpinestars, Schuberth GmbH, STUDDS Accessories Limited, Caberg S.p.a., Fox Racing, Inc. (Vista Outdoor, Inc.), Manufacturas Tomas helmets (MT Helmets), and Shark SAS.
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