Carbon Fiber Bicycle Helmet Market Trend, Opportunity, and Forecast Analysis, 2024-2032
Carbon Fiber Bicycle Helmet Market
Carbon Fiber Bicycle Helmet Market is segmented by Type, Application, and by Region. KDMI analyst foresees market revenue to cross USD 0.4 Billion by 2032 by growing with a CAGR of 2.1% during 2024-2032.
Carbon Fiber Bicycle Helmet Market Highlights
The global carbon fiber bicycle helmet market is expected to cross a value of USD 0.4 billion by the end of 2032. The market was valued at USD 0.2 billion in 2023 and is expected to expand at a CAGR of 2.1% between 2024-2032.
- Over the mid-term, the growing participation in cycling activities is the primary factor anticipated to drive the global carbon fiber bicycle helmet market.
- The high cost of carbon fiber is a major factor to challenge the market growth.
- The Europe carbon fiber bicycle helmet market is projected to dominate the global market.
Carbon Fiber Bicycle Helmet Market: Report Scope |
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Base Year |
2023 |
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Base Year Market Size |
USD 0.2 Billion |
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Forecast Year |
2024-2032 |
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Forecast Year Market Size |
USD 0.4 Billion |
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CAGR Value |
2.1% |
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Carbon Fiber Bicycle Helmet Market Key Trends/Major Growth Drivers |
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Restraint Factors |
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Carbon Fiber Bicycle Helmet Market Segmentation |
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Carbon Fiber Bicycle Helmet Market Key Players |
Aurora Sports, Dorel, Fox Racing, Giant, Jabil, KAV Sports, Lazer, Limar, Merida, NEXX Helmets, Oxeon, Specialized, Trek Bicycle, Vista Outdoor, and others. |
Carbon Fiber Bicycle Helmet Market Outlook
The cycling helmet manufactured using carbon fiber composite material is known as carbon fiber bicycle helmet. These helmet are known to have lightweight and strong material properties as these are made using carbon fiber composites.
According to our experts at KD Market Insights, one of the primary growth factors associated with the growth of the global carbon fiber bicycle helmet market is the growing participation in cycling activities globally. As per our researchers, there are about 1 billion cycles globally, while over 110 million bicycles are manufactured annually worldwide. With an increase in participation in cycling activities, the demand for high-quality bicycle helmets is on the rise, which is expected to fuel the market growth during the forecast period. Aurora Sports, Dorel, and Fox Racing are some of the significant parties in the global market for carbon fiber bicycle helmet.
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Carbon Fiber Bicycle Helmet Market Drivers – Analyst’s Observation
According to the analysts at KD Market Insights, some key growth drivers for the global carbon fiber bicycle helmet market are:
- Growing Focus on Safety Accessories for Bicycling Purposes: Cycling accidents is a major cause of concern among bicyclists. According to the National Highway Traffic Safety Administration (NHTSA), 966 bicyclists were killed in motor-vehicle traffic crashes in the United States alone in the year 2021. Owing to this rising concern, the focus on developing stringent safety regulations and standards that govern the manufacturing and sale of bicycle helmets to prevent these accidents have been on the rise. Carbon fiber helmets are known to exceed safety standards that are set by the regulatory bodies, thereby enhancing its appeal to cyclists who seek maximum protection. Such a factor is therefore projected to drive the demand for carbon fiber bicycle helmets.
- Increasing Technological Advancements in Carbon Fiber Manufacturing Processes: Backed by the rapid advancements in manufacturing technologies, the manufacturers of bicycle helmets are increasingly working upon developing lighter, stronger, and more aerodynamic bicycle helmets. Modern carbon fiber manufacturing processes allow helmet designers to add innovative features to the helmet, such as integrated ventilation systems, adjustable fit systems, and impact-absorbing liners that enhance rider comfort, performance, and safety.
Which Probable Factors Could Hamper the Growing Carbon Fiber Bicycle Helmet Market Trend?
As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of carbon fiber bicycle helmet are:
- High Cost of Carbon Fiber: The price of carbon fiber itself is very high and hence, the overall cost of manufacturing the helmets are usually very high. Hence, the adoption of these helmets among cyclists who are on a tight budget or casual riders may be challenging, which is expected to lower the market growth.
- Concern for Product Durability: Although carbon fiber is a strong material, yet, the helmets manufactured using this material are susceptible to damage from impacts, scratches, and UV exposure over time. These concerns for product durability is therefore expected to limit the market growth.
How is the Global Carbon Fiber Bicycle Helmet Market Segmented?
Our experts at KD Market Insights have segmented the global Carbon Fiber Bicycle Helmet market as:
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By Type |
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By Application |
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By Region |
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What are the Probable Factors Influencing the Europe Carbon Fiber Bicycle Helmet Market Forecast?
The Europe carbon fiber bicycle helmet market is majorly driven by the presence of a strong cycling culture in the region and the growing emphasis of riders on safety. The bicycle riders in the European region are increasingly aware of the importance of wearing helmets for protection of their heads, driven by the rising concerns about road safety, growing urban congestion, and for the promotion of active transportation. On the other hand, Europe has a high level of participation in recreational cycling, competitive cycling events, and increasing preference for commuting by bike. As the popularity of cycling events and races across the region increases, the sales of high-performance cycling gear would also increase, which is expected to contribute to the market growth.
As per our analysts at KD Market Insights, the following five players lead the Europe carbon fiber bicycle helmet market growth:
- KASK S.p.A.
- MET Helmets
- Lazer Sport NV
- POC Sports AB
- ABUS August Bremicker Sohne KG
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Key Countries to Watch for in Europe Carbon Fiber Bicycle Helmet Market |
Key Insights |
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Netherlands Carbon Fiber Bicycle Helmet Market to Register the Largest Regional Market Share in 2032 |
USD 0.048 Billion |
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Switzerland Carbon Fiber Bicycle Helmet Market to Grow with the Highest CAGR During 2024-2032 |
2.6% |
Which Key Players Top the Global Carbon Fiber Bicycle Helmet Market Share?
As per our analysts at KD Market Insights, the competitive landscape of global carbon fiber bicycle helmet market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with carbon fiber bicycle helmet market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global carbon fiber bicycle helmet market share:
- Aurora Sports
- Dorel
- Fox Racing
- Giant
- Jabil
- KAV Sports
- Lazer
- Limar
- Merida
- NEXX Helmets
- Oxeon
- Specialized
- Trek Bicycle
- Vista Outdoor
What are the Recent Developments Observed in the Carbon Fiber Bicycle Helmet Market?
Over the years, the experts at KD Market Insights have been observing the recent developments associated with global carbon fiber bicycle helmet market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.
For instance, KASK S.p.A. stated that they have launched a new carbon fiber helmet model designed especially for professional cyclists and enthusiasts.
Further, POC Sports entered into a partnership with a professional cycling team for developing carbon fiber helmets.
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- Publication date: 23rd April 2024
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel
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