Nov 24, 2020 (The Expresswire) -- Global " Cycling Helmet Market " size is projected to reach USD 787.5 million by 2026, from USD 667.3 million in 2020, at a CAGR of 2.8% During 2020-2026.Â360 Research Reports provides key analysis on the global market in a report, titled "Cycling Helmet Market by Types (MTB Helmets, Road Helmets, Recreational Helmets), Applications (Commuter and Recreation, Sport Games) and Region - Global Forecast to 2026" Browse Market data Tables and Figures spread through 143 Pages and in-depth TOC on Cycling Helmet Market.
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The Global Cycling Helmet Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
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The research covers the current Cycling Helmet market size of the market and its growth rates based on 6-year records with company outline of Key players/manufacturers:
Short Description About Cycling Helmet Market:
Cycling Helmets are useful as safety gear to prevent or minimize injuries to the head and brain in an uncontrolled environment during riding a bike. According to the US Consumer Product Safety Commission, about 900 people, including more than 200 children are killed annually in bicycle related incidents, and about 60 percent of these deaths involve a head injury. Cycling Helmets can help absorb impacts and save their life. A typical helmet has two main parts: a hard outer shell and a soft inner liner. The hard shell is designed to spread the force of an impact over a broader area so riderâs skull is less likely to fracture, while the soft liner is meant to squeeze inward and absorb the impact energy, so less of it is transmitted to riderâs head. Shells of Cycling Helmets are typically made of composite materials like fiberglass or lightweight carbon fiber, or very hard plastics such as polycarbonate or ABS. And liners are usually about 20cm (0.8 inches) thick and made of two layers of foam: a soft, bouncy layer that absorbs small bashes and bumps and a stiff layer that permanently deforms to absorb very hard impacts.
The classification of bike helmet are MTB helmets, road helmets and recreational helmets, and the proportion of MTB helmets in 2019 is about 44.5%, road helmets account for over 33.5% of market.
Bike helmet is widely used in commuter and recreation and sport games. The most proportion of bike helmet is commuter and recreation, and proportion in 2019 is about 83.3%.
Europe is the largest consumption place, with a consumption market share over 34.6% in 2019. Following Europe, North America is the second largest consumption place with the consumption market share about 31.9%.
Market competition is intense. Vista Outdoor, Dorel, Giant, Trek Bicycle, KASK, Mavic, Merida, Specialized are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. Vista Outdoor is absolutely the largest player holding 27.11% of market in 2019. Top 10 players account for over 60% of the total market.
Market Analysis and Insights: Global Cycling Helmet Market
The global Cycling Helmet market size is projected to reach USD 787.5 million by 2026, from USD 667.3 million in 2020, at a CAGR of 2.8% during 2021-2026.
Global Cycling Helmet Scope and Market Size
The global Cycling Helmet market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cycling Helmet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.