Global Riding Gear Market Analysis of Growth, Trends Progress & Challenges 2018-2023 - ResearchAndMarkets.com

May 15, 2018

DUBLIN--(BUSINESS WIRE)--May 15, 2018--The “Global Riding Gear Market - Analysis of Growth, Trends Progress and Challenges (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The riding gear market is anticipated to register a CAGR of 8.47% over the forecast period.

In 2013, motorcycle accidents almost accounted for almost 20% of road fatalities in Australia and had been on a steady incline since. The number of skin burns from people falling off their bikes has also doubled between 2012 and 2014. Lack of awareness and lack of better riding gear alternatives has been a point of concern for most countries. There has been a recent instance, of Marc Marquez, the World Champion of MotoGP racer, who had recently walked away from a 209.9mph crash without a scratch.

Motorcycle accidents have always been the direct result of riders not wearing the proper motorcycle protective clothing, which makes the driver susceptible to physical bruises and injuries. Injuries like skin abrasions and lacerations, fractured ankles are all the result of improper motorcycle clothing, commonly associated with two-wheeler driving. In countries like India, where it becomes unpredictable to judge sudden situations which has led to the growing need riding gears.

Increased improvement in product features like helmets integrated with Bluetooth capability, which enables an individual to answer phone calls, listen to music, and even get driving directions, have also helped in the increased demand of these gears. Moreover, it is by law in most of the countries like that of Canada, parts of the United States, United Kingdom and India to mandatorily use helmets while riding a bike.

Companies Mentioned

AGV Alipnestars FLY Racing Jackets Fox Racing Inc. HKM Sports Equipment GmbH Joe Rocket Jackets Klim Kushitani Macna Ride Icon Royal Enfield Gear S.A.tan Pro Gear Rynox Gears

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview and Trends

4. Market Dynamics

5. Riding Gear Market, Segmented by Type

6. Riding Gear Market, Segmented by Geography

7. Competitive Landscape

8. Company Profiles

9. Future Outlook of the Market

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/486j7x/global_riding?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180515005674/en/

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Related Topics:Belt and Chain Drives



SOURCE: Research and Markets

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PUB: 05/15/2018 04:37 AM/DISC: 05/15/2018 04:37 AM


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