The driving protection gear market is estimated to be valued at USD 8.4 billion in 2023 and is expected to reach USD 13.0 billion by 2033. The adoption of driving protection gear is likely to advance at a CAGR of 4.9% during the forecast period 2023 to 2033.
Key Market Trends and Highlights
| Attributes | Key Insights |
|---|---|
| Driving Protection Gear Market Estimated Size in 2023 | USD 8.4 billion |
| Projected Market Value in 2033 | USD 13.0 billion |
| Value-based CAGR from 2023 to 2033 | 4.9% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The scope for driving protection gear rose at a 2.7% CAGR between 2018 and 2022. The global market for driving protection gear is anticipated to grow at a moderate CAGR of 4.9% over the forecast period 2023 to 2033.
| Report Attribute | Details |
|---|---|
| Market Value in 2018 | USD 7.2 billion |
| Market Value in 2022 | USD 8.1 billion |
| CAGR from 2018 to 2022 | 2.7% |
There has been a surge in bike riding, and the rapid infiltration of superbikes and cruiser bikes in emerging economies have ignited demand for driving safety gear. The surge has also led to a spike in road fatalities, prompting governments to enforce stricter safety regulations, propelling the driving protective gear market.
Elevated disposable income and improved living standards are creating opportunities in the driving safety equipment market. The fitness trend has also influenced the adoption of cycling protection gear such as kneepads, elbow guards, and more.
Advances in material technology, including lightweight and durable materials, are anticipated to escalate market prospects, with the development of more comfortable as well as effective driving protection gear.
Principal Consultant
The below table showcases the growth rates in terms of the top 5 leading countries, spearheaded by the China and Japan. These two countries are expected to lead the market through 2033, with CAGRs of 7.9% and 6.8%, respectively.
Forecast CAGRs from 2023 to 2033
| Countries | CAGR |
|---|---|
| China | 7.9% |
| Japan | 6.8% |
| India | 6.1% |
| Malaysia | 5.4% |
| The United States | 2.3% |
The United States is known for adopting cutting-edge technologies. The integration of advanced features such as smart helmets and wearable technology can attract tech-savvy riders.
Active motorcycle clubs, events, and rallies foster a sense of community and drive demand for specialized and themed protection gear. The growing popularity of electric motorcycles presents an opportunity for manufacturers to create protection gear tailored to the specific needs of electric bike riders.
Participation in motorcycle trade shows and expos provides exposure to a large audience of enthusiasts, aiding in brand visibility and sales.
Continued innovation in safety features such as impact-resistant materials, airbag technology, and improved ventilation enhances the appeal of protective gear. The country is expected to expand at a CAGR of 2.3% from 2023 to 2033.
Expanding urbanization and population growth in China have led to a surge in two-wheeler ownership, including motorcycles, scooters, and e-bikes. The increasing rider base directly drives the demand for driving protection gear.
The rise of urban mobility solutions, such as e-bike sharing programs and ride-hailing services, has created a need for reliable and safe driving protection gear among commuters and delivery personnel, which in turn, fuels the market prospects in the country.
Stricter enforcement of safety regulations and helmet-wearing mandates by the Chinese government has created a legal requirement for riders to use protective gear, driving the demand for helmets and other protection gear. The country is expected to expand at a CAGR of 7.9% from 2023 to 2033.
Japanese consumers often prioritize high-quality products and innovative technology, which encourages the adoption of advanced and technologically equipped driving protection gear.
The Japanese culture places significant emphasis on safety and well-being. The awareness has translated into a culture of responsible riding and the use of protective gear.
Japan has a strong motorcycle enthusiast community, which includes sportbike riders, touring enthusiasts, and off-road riders. The community drives demand for specialized and performance-oriented protection gear.
Japanese consumers value aesthetics and customization. The trend of personalizing vehicles extends to driving protection gear, driving demand for unique and stylish options. The country is expected to expand at a CAGR of 6.8% from 2023 to 2033.
India is one of the largest markets for two-wheelers, including motorcycles and scooters. The growing ownership of these vehicles directly drives the demand for driving protection gear.
The growth of local manufacturing and the 'Make in India' initiative contribute to the availability of a variety of driving protection gear options.
The growth of e-commerce and online marketplaces makes it easier for consumers to access a wide range of driving protection gear, increasing market reach.
India's diverse landscapes and cultural attractions attract tourists who seek appropriate protection gear for motorcycle tourism and adventure riding.
Government-led initiatives to improve road safety and reduce accidents also encourage the use of protective gear among motorcyclists. The country is expected to expand at a CAGR of 6.1% from 2023 to 2033.
Consumers in Malaysia value well-made, durable products, which is a major factor that drives the demand for high-quality driving protection gear.
Rising economic prosperity and disposable income levels in Malaysia enable more individuals to afford quality driving protection gear.
Like other markets, the trend of personalization and customization extends to driving protection gear, with consumers seeking unique and stylish options.
Motorcycle racing and motorsports are gaining popularity in Malaysia, which attracts participants and enthusiasts who invest in specialized gear.
Consumers in Malaysia are becoming more aware of international brands and their products, leading to a growing interest in high-quality protection gear. The country is expected to expand at a CAGR of 5.4% from 2023 to 2033.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The below table highlights how helmet is projected to lead the market in terms of product type, growing at 2.8% CAGR through 2033.
The synthetic segment is likely to spearhead sales based on material type, and is anticipated to witness a CAGR of 4.1% through 2033.
| Category | CAGR from 2023 to 2033 |
|---|---|
| Helmet | 2.8% |
| Synthetic | 4.1% |
Based on product type, the helmet segment is expected to continue dominating the driving protection gear industry with a CAGR of 2.8% from 2023 to 2033. Helmets equipped with advanced technology such as built-in communication systems, augmented reality displays, and smart sensors enhance the overall riding experience and attract tech-savvy consumers.
The helmet manufacturers are investing in research and development to create helmets that provide better comfort, ventilation, and customizable fit, encouraging riders to wear helmets more consistently.
The use of innovative materials like carbon fiber, Kevlar, and impact-resistant polymers results in helmets that are lightweight, strong, and capable of absorbing impact forces effectively. Helmets designed specifically for motorcycle sports and racing enthusiasts include additional safety features and aerodynamic designs, catering to a niche market.
By material, synthetic is expected to emerge as a prominent segment. A CAGR of 4.1% is projected from 2023 to 2033. Synthetic materials, such as high-performance fabrics and polymers, are continuously evolving with advancements in material science, leading to improved durability, flexibility, and protection.
Synthetic materials are engineered to withstand wear and tear, ensuring that protective gear remains functional and effective over an extended period of use. Synthetic materials can be designed to offer superior impact absorption, contributing to better protection against crashes and collisions.
Synthetics are known for their lightweight properties, reducing the overall weight of protective gear and enhancing rider comfort during extended use. Compatibility with Technological Integrations: Many synthetic materials can accommodate technological integrations such as communication systems, ventilation features, and wearable technology.
The driving protection gear market thrives within a dynamic competitive landscape, where industry leaders and innovative newcomers vie for prominence. Established players, armed with legacy and brand recognition, consistently introduce advanced technologies, setting the bar higher for safety and performance.
Emerging entrants bring fresh perspectives, often focusing on eco-friendly materials and smart integration. Collaboration with fashion houses, motorsports partnerships, and R&D investments define the race for market dominance.
Key Developments
| Report Attribute | Details |
|---|---|
| Market Value in 2023 | USD 8.4 billion |
| Market Value in 2033 | USD 13.0 billion |
| Growth Rate | CAGR of 4.9% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD billion and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product, Material, Vehicle, Consumer Group, Distribution Channel, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa |
| Key Countries Profiled |
The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Alpinestars S.p.A; Dainese S.p.A; Fox Head Inc.; Lemans Corporation; EVS Sports |
| Customization& Pricing | Available upon Request |
The driving protection gear market is likely to reach USD 8.4 billion in 2023.
Driving protection gear sales are expected to record a CAGR of 4.9% through 2033.
A 2.8% CAGR is expected for the helmet segment until 2033.
China leads in driving protection gear, projecting 7.9% CAGR by 2033.
The driving protection gear market is poised to reach USD 13.0 billion by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product 5.1. Helmets 5.2. Armors 5.3. Gloves 5.4. Knee Protection 5.5. Elbow Protection 5.6. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 6.1. Leather 6.2. Synthetic 6.3. Natural Fiber 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle 7.1. Two Wheelers 7.2. Four Wheelers 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Consumer Group 8.1. Men 8.2. Women 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 9.1. Online Sales 9.2. Offline Sales 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. South Asia and Pacific 10.6. East Asia 10.7. Middle East and Africa 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Alpinestars S.p.A 20.2. Dainese S.p.A 20.3. Fox Head Inc. 20.4. Lemans Corporation 20.5. EVS Sports 20.6. OMP Racing S.p.A. 20.7. Troy Lee Designs 20.8. Leatt Corporation 20.9. Sparco Spa 20.10. Lemans Corporation 20.11. SCOTT Sports SA 21. Assumptions & Acronyms Used 22. Research Methodology
Explore Consumer Product Insights
View Reports
Driving Protection Gear Market
