Market Overview:
The global MIPS bicycle helmets market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commuter and recreational helmets, and sport games helmets. In terms of type, the MTB helmet segment is expected to lead the global MIPS bicycle helmets market during the forecast period, followed by road and sport helmet segments. In terms of application, the commuter & recreation segment is expected to lead the global MIPS bicycle helmets market during the forecast period, followed by sport games segment. Region-wise, North America is estimated to hold a major share of the global MIPS bicycle helmets market in 2018 owing to high adoption rate of advanced technologies in this region.
Product Definition:
MIPS Bicycle Helmets are designed to protect the head and brain in the event of a crash. The helmets are equipped with a system that allows them to rotate slightly upon impact, which helps to diffuse some of the energy that would otherwise be absorbed by the head and brain. This can help reduce the risk of serious injury.
MTB Helmets:
MTB Helmets, also known as Mountain Bike Helmets or Bicycle helmets are used by bikers and cyclists for protection from injuries during riding. MTB is an off-road bicycle racing sport in which the participants ride bicycles over a variety of terrains including sand, rock gardens, forest paths and even snow. The increasing popularity of MTB worldwide is expected to drive the demand for mountain bike helmets over the forecast period.
Road Helmets:
Road helmets are designed primarily for use by cyclists, motorcyclists and passengers in the event of a road traffic collision. They are not mandatory in most countries but highly recommended as an effective safety device. MIPS bicycle helmets also fall under this category and have been designed to meet stringent European Union standards.
MIPS technology is an internal stiffener that works by directing energy away from the brain to reduce the impact of force on the head during a crash.
Application Insights:
MIPS bicycle helmets are majorly used for two purposes, namely, as a safety gear for daily commute and recreational riding. As per the MIPS study, daily commuters represented over 70% of the total market in 2017. These people ride a bike to reach work or school everyday and hence need a helmet that provides comfort along with protection in case of accidents or mishaps on roads. Furthermore, sports games also attract huge number of players across the world every year which contributes to high demand for sport games thereby driving up usage rate among adults as well as kids above 14 years old.
MIPS is an advanced impact absorption system developed by the United States Department of Transportation (DOT) under grant funding from The National Safety Council (NSC). It is designed and approved by governing bodies such as U.S.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing awareness about bicycle safety and riding habits in countries such as China, Japan, and India. Furthermore, rising disposable income levels in these countries will boost the product demand further.
North America is estimated to be the second-largest regional market for MIPS bicycle helmets after Europe due its high concentration of cycling population along with increased focus on road safety initiatives by government organizations such as Vision Zero Canada (Zero Road Injuries) and U.S Department of Transportation (DOT). These factors are anticipated to drive product demand over the forecast period.
Latin America has also witnessed significant growth in recent years owing its large population base along with improved economic conditions which have ledto an increasein middle class populations across Brazil, Argentina, Colombia etc.
Growth Factors:
- Increasing demand for bicycles for fitness and leisure activities
- Rising awareness about the importance of safety while cycling
- Technological advancements in bicycle helmet design and construction
- Growing popularity of cycling as a mode of transportation
- Government initiatives to promote safe cycling
Scope Of The Report
Report Attributes
Report Details
Report Title
MIPS Bicycle Helmets Market Research Report
By Type
MTB Helmets, Road Helmets, Sport Helmets
By Application
Commuter & Recreation, Sport Games
By Companies
Giro, Smith, ABUS, BELL, POC, Giant, Lazer, Limar, Scott, Uvex, ETTO, Fox, MET, Trek, Specialized, Mavic, RUDY, Bern
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global MIPS Bicycle Helmets Market Report Segments:
The global MIPS Bicycle Helmets market is segmented on the basis of:
Types
MTB Helmets, Road Helmets, Sport Helmets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commuter & Recreation, Sport Games
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Giro
- Smith
- ABUS
- BELL
- POC
- Giant
- Lazer
- Limar
- Scott
- Uvex
- ETTO
- Fox
- MET
- Trek
- Specialized
- Mavic
- RUDY
- Bern
Highlights of The MIPS Bicycle Helmets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- MTB Helmets
- Road Helmets
- Sport Helmets
- By Application:
- Commuter & Recreation
- Sport Games
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MIPS Bicycle Helmets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MIPS Bicycle Helmets are a type of bicycle helmet that is designed to protect cyclists from head injuries. MIPS stands for Multi-directional Impact Protection System, and the helmets use a variety of sensors to monitor how the helmet is impacting the head in different directions. This information is then used to create an adjustable fit that ensures maximum protection.
Some of the key players operating in the mips bicycle helmets market are Giro, Smith, ABUS, BELL, POC, Giant, Lazer, Limar, Scott, Uvex, ETTO, Fox, MET, Trek, Specialized, Mavic, RUDY, Bern.
The mips bicycle helmets market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MIPS Bicycle Helmets Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 MIPS Bicycle Helmets Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 MIPS Bicycle Helmets Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the MIPS Bicycle Helmets Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global MIPS Bicycle Helmets Market Size & Forecast, 2018-2028 4.5.1 MIPS Bicycle Helmets Market Size and Y-o-Y Growth 4.5.2 MIPS Bicycle Helmets Market Absolute $ Opportunity
Chapter 5 Global MIPS Bicycle Helmets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 MIPS Bicycle Helmets Market Size Forecast by Type
5.2.1 MTB Helmets
5.2.2 Road Helmets
5.2.3 Sport Helmets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MIPS Bicycle Helmets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 MIPS Bicycle Helmets Market Size Forecast by Applications
6.2.1 Commuter & Recreation
6.2.2 Sport Games
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MIPS Bicycle Helmets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MIPS Bicycle Helmets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America MIPS Bicycle Helmets Analysis and Forecast
9.1 Introduction
9.2 North America MIPS Bicycle Helmets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America MIPS Bicycle Helmets Market Size Forecast by Type
9.6.1 MTB Helmets
9.6.2 Road Helmets
9.6.3 Sport Helmets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America MIPS Bicycle Helmets Market Size Forecast by Applications
9.10.1 Commuter & Recreation
9.10.2 Sport Games
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe MIPS Bicycle Helmets Analysis and Forecast
10.1 Introduction
10.2 Europe MIPS Bicycle Helmets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe MIPS Bicycle Helmets Market Size Forecast by Type
10.6.1 MTB Helmets
10.6.2 Road Helmets
10.6.3 Sport Helmets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe MIPS Bicycle Helmets Market Size Forecast by Applications
10.10.1 Commuter & Recreation
10.10.2 Sport Games
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific MIPS Bicycle Helmets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MIPS Bicycle Helmets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific MIPS Bicycle Helmets Market Size Forecast by Type
11.6.1 MTB Helmets
11.6.2 Road Helmets
11.6.3 Sport Helmets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific MIPS Bicycle Helmets Market Size Forecast by Applications
11.10.1 Commuter & Recreation
11.10.2 Sport Games
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America MIPS Bicycle Helmets Analysis and Forecast
12.1 Introduction
12.2 Latin America MIPS Bicycle Helmets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America MIPS Bicycle Helmets Market Size Forecast by Type
12.6.1 MTB Helmets
12.6.2 Road Helmets
12.6.3 Sport Helmets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America MIPS Bicycle Helmets Market Size Forecast by Applications
12.10.1 Commuter & Recreation
12.10.2 Sport Games
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) MIPS Bicycle Helmets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MIPS Bicycle Helmets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) MIPS Bicycle Helmets Market Size Forecast by Type
13.6.1 MTB Helmets
13.6.2 Road Helmets
13.6.3 Sport Helmets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) MIPS Bicycle Helmets Market Size Forecast by Applications
13.10.1 Commuter & Recreation
13.10.2 Sport Games
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MIPS Bicycle Helmets Market: Competitive Dashboard
14.2 Global MIPS Bicycle Helmets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Giro
14.3.2 Smith
14.3.3 ABUS
14.3.4 BELL
14.3.5 POC
14.3.6 Giant
14.3.7 Lazer
14.3.8 Limar
14.3.9 Scott
14.3.10 Uvex
14.3.11 ETTO
14.3.12 Fox
14.3.13 MET
14.3.14 Trek
14.3.15 Specialized
14.3.16 Mavic
14.3.17 RUDY
14.3.18 Bern