Global Premium Motorcycle Helmets Market to Reach $851 Million by 2015

Off the Wire News
General News GIA announces the release of a strategic global report on Motorcycle Helmets markets. The world market for motorcycle helmets is projected to reach $851 million by the year 2015. Increase in number of countries implementing mandatory motorcycle helmet laws, rise in new motorcycle registrations, and increase in replacement sales are providing ample growth opportunities for motorcycle helmets market.
San Jose, California (PRWEB) February 9, 2010 -- Premium Motorcycle helmets are those, which are priced in the range of US$375-800, are fashionable and offer improved safety. The target market for premium helmets constitutes people who have relatively high disposable income and ride motorcycles for recreational or leisure activities. As such, the developed markets, Europe, North America, and Japan are the major markets for premium helmets worldwide.
Europe is the single largest market for premium motorcycle helmets market, accounting for about half of the global market in terms of value as stated by the new market research report on motorcycle helmets. Asia-Pacific is expected to emerge as the fast growing regional market for premium motorcycle helmets, with rising income levels and implementation of mandatory helmets laws in many countries across the region.
Motorcycle helmet use witnessed substantial growth in recent years in countries such as India, Vietnam and the US. Much of the growth in usage of motorcycle helmets in India and Vietnam is ascribed to implementation of mandatory helmet wearing laws in these countries. On the other hand, helmet usage in the US continued to rise over the years despite topsy-turvy helmet usage law environment, with different states enacting and withdrawing helmet laws. Overall, rise in Motorcycle registrations, and enactment and enforcement of Helmet laws are providing significant market potential for manufacturers of helmets worldwide.
The global marketplace for motorcycle helmets is characterized by participants such as Shoei Co. Ltd., Arai Helmet Ltd., ABUS August Bremicker Söhne KG, Chih Tong Helmet Co., Ltd., Bell Bike Helmets, HJC America, Inc., LAZER Helmets, Nolan Group, NZI Helmets SA, and Vega Helmet Corp.
The report titled "Motorcycle Helmets: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as the US, Canada, Japan, Europe, Asia-pacific and Rest of World.
For more details about this comprehensive market research report, please visit -
http://www.strategyr.com/Motorcycle_Helmets_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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