The global motorcycle apparel market is projected to grow at an exponential rate during the forecast year. Motorcycle protective clothing is vital for minimizing the risk of soft tissue damage, infection or other complication. “The European standards for motorcycle protective clothing and apparels have recently come into force and have successfully provided the first objective tests to reveal product efficiency and has revealed significant simulator failings under vehicular crash conditions.”
A growing level of awareness has presented new opportunities for local and international manufacturers to offer an array of fashion and style selections with incredible levels of protection in order to meet the requirements of all the different end-user segments of the motorcycle market. This has helped consumers to gain confidence in protective apparels and is highly investing in protective motorcycle accessories. Furthermore, several manufacturers are incessantly integrating modern-day electronics and advanced fiberglass plastic materials in manufacture of protection gear and development of helmets with head up displays, which is anticipated to surge the demand for these accessories in the upcoming years.
Market segmentation by end-users/applications type includes road motorcycle apparel and off-road motorcycle apparel. Based on product type, the market has been categorized into jackets, shoes, pants, gloves, protector, helmet, and base layers.
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Geographical segmentation has presented a detailed analysis of motorcycle apparel market growth prospects across the regions of North America, the Asia Pacific, Europe, the Middle East, and Africa, and Latin America. North America is set to hold the highest market share ascribed to the widespread deployment of latest and advanced technologies like ultra-reliable low-latency network communications systems.
The industry contenders have identified significant gaps in the motorcycle apparel market considering that appropriate protective accessories are not available for all styles of road riding. The local industry implications as per the European driving safety standards have implored the motorcycle apparel industry to undertake suitable manufacturing and marketing strategies. The competitive landscape showcases the profiles and business strategies
of the major players, along with their recent developments. Some of the dominant players operating in this market include Klim, Kido Sport, Chih-Tong, HANIL, HJC, YOHE, Pengcheng Helmets, Jiujiang Jiadeshi, Nanhai Xinyuan Helmets, Zhejiang Jixiang, Safety Helmets MFG, Yema, Soaring, Dragonrider, Duhan, Hehui Group, Scoyco, and Moto-boy among others.
The key players have identified current market dynamics in terms of its size, supply-demand value chain mechanism, prevailing trends, governing factors, drivers, challenges and opportunities, their competitive landscape and product innovation. Considering the changing competitive dynamics and the current scenario of the industry, it has set the motorcycle apparel market to grow at an exponential rate during the forecast years.
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