Global Driving Protection Gear Market, By Product Type (Helmet, Armor, Gloves, Knee Protection, Elbow Protection, Others), Material (Leather, Synthetic, Natural Fibers), Vehicle Type (Two Wheelers, Four Wheelers), Consumer Group (Men, Women), Distribution Channel (Online, Offline) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Driving Protection Gear Market
The driving protection gear market is expected to be growing at a growth rate of 5.80% in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the factors responsible for fostering the growth of Driving Protection Gear market. The driving protection gear market report examines the current growth, which is being driven by the increasing demand for superbikes.
Driving protection gear is a type of protective clothing that is worn while driving. It typically consists of items worn on the head, hands, and feet to protect against injury in the event of an accident or if the vehicle rolls onto its side, among other things. Â In most cases, it can be classified as "safety" or "protective gears." Driving safety equipment protects the wearer from injuries or death that may occur as a result of a car accident. Head, knee, and elbow protectors, gloves, boots, and other types of safety equipment are available.
The rising popularity of motorsports, rising two-wheeler death rates, rising disposable income of the people, surging worldwide sales of motorcycles, and rising rate of accidents and mishaps have led to improved driving safety, as a result of which the government has authorised the wearing of personal protective equipment such as helmets and protective clothing are some of the factors that are fueling the growth of the driving protection gear market in the future. Moreover, rising innovations and advancements in manufacturing processes to achieve protection gears utilising inventive technologies will bring numerous new opportunities that will lead to the growth of the driving protection gear market during the forecast period.
Increasing disposable income and a higher standard of living are creating opportunities in the market for driving safety equipment. The fitness craze has influenced the use of cycling safety equipment such as knee pads, bike knee pads, elbow pads, knee guards, and elbow guards.
However, the unorganised sector's fierce competition for driving apparel is stifling market growth. The market is expected to be driven by innovations and developments in manufacturing methods to obtain protection gear using innovative technologies in the coming years.
This driving protection gear market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Driving Protection Gear market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Driving Protection Gear Market Scope and Market Size
Driving protection gear market is segmented on the basis of product type, material, vehicle type, consumer group and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the driving protection gear market is segmented into helmet, armor, gloves, knee protection, elbow protection and others.
- On the basis of material, the driving protection gear market is segmented into leather, synthetic and natural fibers.
- Based on vehicle type, the driving protection gear market is segmented into two wheelers and four wheelers.
- The consumer group segment for driving protection gear market includes men and women.
- Based on distribution channel, the driving protection gear market is segmented into online and offline.
Driving Protection Gear Market Country Level Analysis
Driving protection gear market is segmented on the basis of product type, material, vehicle type, consumer group and distribution channel.
The countries covered in the driving protection gear market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Asia-Pacific dominates the driving protection gear market as a result of rising disposable income, a growing millennial population, and a shift in lifestyle in India, which is driving up demand for premium motorcycles. Due to the increasing sale of premium motorcycles and sports cars in the region, the Europe region is expected to have the highest growth rate over the forecast period.
The country section of the driving protection gear market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Driving Protection Gear Market Share Analysis
The driving protection gear market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Driving Protection Gear market.
Some of the major players covered in the driving protection gear market report are Alpinestars, Dainese, Fox Head Inc., Leatt Corporation, SCOTT Sports SA, Lemans Corporation, Sparco S.p.A, EVS Sports, Troy Lee Designs, and OMP Racing S.p.A., K2 Sports, Head, Volcom, American Athletic Shoe, Franklin Sports Inc.a, and Graf among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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