Global Bike Helmet Market: Information by Type (Road Helmets, Sports Helmets and MTB Helmets), Application (Daily Transportation and Sports/Adventure) and Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa) Industry Forecast till 2024
Bike helmets are designed to protect riders from head injuries.
Stringent safety standards by the governments in various countries are driving the growth of the market.
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Key Findings of the Study:
The global bike helmet market is projected to reach USD 1,118.8 million by 2024 at a 5.35% CAGR during the review period of 2019 to 2024.
It also contains forecasts using a suitable set of expectations and approaches.
The report determines with the profiles of foremost players in the global.
The major market players are estimated on various factors such as company overview, product selection, and revenue of ‘Global Spinning Bikes Market’.
‘Global Spinning Bikes Market’ Report covers market appearances, size and progress, segmentation, provincial collapses, competitive background, market shares, tendencies and strategies for this market.
Significant financial deals which have molded the market in the previous years are recognized.
The tendencies and strategies section highlights the expected future developments in the ‘Global Spinning Bikes Market’ and recommends approaches.
An Advanced Combat Helmet (ACH) is used by homeland security, military, and law enforcement agencies as a protective combat helmet to enhance a soldier's ballistic and impact protection. Although the structure of an ACH reduces the area of coverage, it is also used as a platform to mount electronics such as communication and night vision devices. Thus, contributing towards improving the field of vision and hearing, leading to better situational awareness over the current helmets used. The market determinants having a huge impact on the global advanced combat helmet market are rise in warfare, armed conflicts, cross-border conflicts, costly head gears, and malfunctioning of few integrated technologies. The key vendors in the global market have adopted mergers and acquisitions coupled with collaborations with alliance partners as key marketing strategies, in order to sustain in the market
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In one of the recent releasesof research report insights states that the competitive landscape of the global advanced combat helmet market is likely to hold strong rivalries over the coming years. The scope of entry for new players is extremely low due to the massive initial investments and the stringent regulatory framework surrounding the safety protocol followed, apart from the trust and recognition that the current leaders have already gathered. In terms of revenue, the global advanced combat helmet market was calculated to reach US$1.88 billion by the end of 2016. The market’s revenue is anticipated to reach US$ 3070 Million by the end of 2024, after expanding at a CAGR of 6.3% from 2016 to 2024.
Soldier Safety Top Concern for Defense Sector
“Currently, the global advanced combat helmet market is receiving a lot of revenue generation opportunities from the increasing concern shown by nations over the safety of their soldiers. As opposed to the conventional soldier helmets that protect the head from incoming attacks, modern combat helmets have quickly become an integral part of a soldier’s method of defense as well as attack. The kind of material needed to protect heads from advanced artillery and shrapnel, as well as the incorporation of technology that grants soldiers enhance vision and uninterrupted communications, is the big bundle that the global advanced combat helmet market provides today.
In terms of using these helmets, the global advanced combat helmet market is also driven by the growing volume of threat soldiers and defense personnel are exposed to under today’s high level of insurgencies and the growing chances of urban warfare.
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High Costs Several Regions from Adopting Advanced Combat Helmets
One of the top restraints currently experienced by players of all sizes in the global advanced combat helmet market is the significantly higher cost of their products when compared to conventional safety helmets. The incorporation of tactical gear into combat helmets puts their price much higher than what a lot of agencies and countries can afford for their personnel. These issues are highly likely to reduce over time, however, as advancements are likely to bring about reduction in cost of manufacturing over time.
“The future for the global advanced combat helmet market lies in the improvement of materials used and the addition of more advantages that users can gain. Of the many that may be incorporated, the immediate future is likely to have players introduce helmets that are much lighter in weight. With the addition of a lot of tactical gear, helmets are bound to become bulky and cumbersome, as unwanted trait for soldiers in the middle of combat. Building lighter helmets that provide similar or even better capabilities are expected to gain a large amount of favor from clients over the coming years. Helmets that may hold fire-retardant properties are also likely to see a very high demand over the coming years.
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8 Nov 2018 – Global Battery Market is expected to reach USD 132.55 billion by 2024.It is made up of three key constituents like electrolyte, anode, and cathode.
Batteries that must be thrown away after use are termed as primary batteries; whereas the batteries that can be recharged are termed secondary batteries.
The Battery Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
Low cost of raw materials, growth in need for security of energy supply, emerging several novel applications for batteries, technological enhancement, and growing disposable income are documented as major factors of Battery Market that are estimated to enhance the growth in the years to come.
However, presence of alternatives like diesel generators and fuel cells may restrain overall Battery Market growth in the coming years.
Global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.
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There have been many technological innovations and advancements taking place in the medical aesthetics market. The latest advancements in the laser technology have led to an increased number of its applications in medical aesthetics. These advancements in laser provide benefits such as, small incisions, decrease in the intensity of pain and fast recovery after the procedure. There has been a notable increase in the application of laser technology for various aesthetic treatments, such as hair removal, skin rejuvenation and body contouring, which is bolstering the global medical aesthetics market.
Some of the other key players in the market include Allergan Plc, Valeant Pharmaceuticals International, Inc., ZELTIQ Aesthetics, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd., Merz GmbH & Co. KGaA, Galderma S.A., Syneron Medical Ltd., Cynosure, Inc., Photomedex, Inc. and Lumenis Ltd.
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