Integration of Electronic Components Intensifying Growth Prospects in the Global Premium Motorcycle Helmets Market: Technavio Report

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  • The key vendors in the Global Premium Motorcycle Helmets Market 2015-2019 are Arai Helmet Ltd., HJC America Inc., Lazer Helmets and Nolan Group SpA.

London, 31 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Premium Motorcycle Helmets Market 2015-2019.   Increase in online purchases is one of the key trends being witnessed in this market. Consumers have increasingly started purchasing commodities through their laptops, tablets, and smartphones. An increase in the usage of the internet is expected to improve the online sales of premium helmets.  The Global Premium Motorcycle Helmets market is expected to grow at a CAGR of 6.19 percent in terms of revenue during the forecast period of 2014-2019.

There is an upsurge in demand from emerging economies such as China, India, and Russia for premium motorcycle helmets. With rapid economic development and a rise in the purchasing power of consumers, motorcycles have taken a crucial place in the transportation needs of consumers. A rise in the number of motorcycle users has increased the demand for premium motorcycle helmets.

“Manufacturers of motorcycle helmets are exploring their premium helmet product lines to improve their market share. There has been an increase in the use of electronic components in the manufacturing of premium helmets,” says Faisal Ghaus, Vice President of TechNavio Research.

“Bluetooth-enabled premium helmets make it easier for riders to stay connected with fellow riders and other Bluetooth-enabled devices. Bluetooth-enabled helmets are popular among consumers as they offer a range of other features apart from connectivity, such as offering riders the opportunity to listen to music while riding.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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