India Bike Helmet Market to Grow During the Forecast Period

Rising demand of two wheelers and growing trends of bike riding for adventure and recreational activities are driving the India Bike Helmet market.

According to the TechSci Research report, “India Bike Helmet Market –By Region, Competition, Forecast, and Opportunities, 2019-2029F,” India bike helmet market is projected to grow during the forecasted period, owing to the rising two-wheeler sales and increasing number of road accidents.

India bike helmet market is expected to show robust growth owing to the strict government rules and regulation regarding the road and rider safety. The Indian government has mandated the use of helmet for rider and the person along with them due to safety concerns, which will correspondingly drive the bike helmet market in the upcoming years. India is one of the world's largest markets for the selling of two-wheelers, coming in at number two in terms of sales, worldwide. Given the country's expanding population, more people are riding bikes in India. Since more individuals now need protection while riding, this has increased the importance of helmets. Further emphasizing the necessity of helmets is the fact that the rise of bike riders has also been accompanied by a significant rise in accidents.

Augmented reality, a technology that provides an immersive experience of the real-world surroundings to the wearer, often spanning numerous sensory modalities, including aural, visual, somatosensory, tactile, and haptic, is a fascinating concept that is reshaping the bike helmet market. Many people are interested in this newest technology, which is becoming quite well-liked among bikers. Because of this, leading companies are already providing helmets with augmented reality. Bike helmets with AR and head-up displays were introduced by Skully Technologies Ltd., and these products have been positively embraced by customers. The SA-1, the first helmet in the world created especially for the Indian market, was unveiled by Steelbird Helmets in January 2019.

A significant barrier to the expansion of the bike helmet market is cost inflation. The production cost of the helmets is being impacted by the increase in demand and advancements in design for better safety. The price of these helmets, which includes features like night-vision goggles, is anticipated to restrain the growth of the bike helmet market over the forecast period.

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The India bike helmet market is segmented based on helmet type, distribution channel, by region, and competitional landscape. Based on type, the market is further fragmented full face, open face, half face, modular and motocross. Based on distribution channel, the market is segmented into offline and online. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among north, south, west & east.

On the basis of regional segmentation, North India holds the major market share in the India bike helmet market, owing to the region’s massive two-wheeler sales across the country and rising adventure and recreational activities.

Key market players operating in the Smartwatch market include:

         ·         STUDDS Accessories Limited

         ·         VEGA AUTO ACCESSORIES PVT. LTD.

         ·         Steelbird Helmets India.

         ·         SAI Group

         ·         Royal Enfield

         ·         Wrangler

         ·         Aaron Helmets Pvt Ltd

         ·         LS2

         ·         THH

         ·         Ergo

Due to the existence of well-known helmet brands in the nation, the market for bike helmets in India is expanding at an exponential rate. Helmets of high quality, style, and luxury are being offered by major companies in the sector. It is anticipated that the market growth in the nation will be driven by the standard quality provided by the major players and the rise in consumer awareness of road safety. The country's consumer base is also anticipated to grow as a result of improved product quality, safety, and perks including discounts and warranties.

SA-5 DOT full face was launched by Steel Bird with dual certification in November 2021.

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“India Bike Helmet market is expected to boost the automobile industry’s overall revenue with the addition of bike helmet in the market. Based on distribution channel segment, offline channel is leading the market, but online channel holds a higher growth rate in upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Bike Helmet Market By Helmet Type (Full Face, Open Face, Half Face, Modular and Motocross), By Distributor Channel (Offline (Dealers/Retailers, Two Wheeler Manufacturers, Institutional) and Online), By Region, Competition, Forecast & Opportunities, 2029F” has evaluated the future growth potential of India Bike Helmet Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Bike Helmet Market.

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