How Has The Computer Vision in Motorcycle Racing Apparel Market Size Evolved In Recent Years?
The motorcycle racing apparel market has seen considerable growth due to a variety of factors.
• There has been a significant enhancement in the size of the motorcycle racing apparel market in the last few years. It is projected to increase from $2.11 billion in 2024 to $2.25 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%.
The notable development during the historical period is due to factors like the advent of e-sports, surge in motorsport culture, globalization leading to market proliferation, rider inclinations and comfort, as well as evolution of fashion and style.
How Does the Forecast Look for the Motorcycle Racing Apparel Market?
The motorcycle racing apparel market is expected to maintain its strong growth trajectory in upcoming years.
• There is a significant growth anticipated in the motorcycle racing apparel market in the coming years. It is projected to reach $2.96 billion in 2029, with a compound annual growth rate (CAGR) of 7.2%.
Factors such as material science innovations, demand for customized products, safety regulations and standards, fashion and design trends, and economic conditions contribute to the growth predicted for the forecast period. Key trends for this period will be marketing and branding strategies, product customization and personalization, safety measures and protection, aesthetics and design inclinations, as well as ergonomics and comfort.
What Are The Essential Drivers Behind The Growth Of The Motorcycle Racing Apparel Market?
The growth of the motorcycle racing apparel market is being fuelled by the rising number of accidents. The major causes of these accidents are speeding/reckless driving, along with other factors like the lack of safe practices, disregard for traffic rules, inadequate road lighting, and encroachments. Motorcyclists and their passengers are at a higher risk of accidents, owing to their greater exposure to weather conditions and road hazards compared to drivers in closed vehicles. For example, in 2023, The Transport Accident Commission, a governmental agency based in Australia, reported a total of 295 fatalities on Victorian roads, indicating a 22.4% rise (54 more fatalities) compared to the previous year in 2022. There was also an increase in fatal crashes, with 261 recorded, an increase of 22 (9%) from the 239 recorded in 2022. Thus, the escalating number of accidents is propelling the growth of the motorcycle racing apparel market.
How Are The Segments Defined Within The Global Motorcycle Racing Apparel Market?
The motorcycle racing apparel market covered in this report is segmented –
1) By Type: Clothing, Footwear, Protection Gear
2) By Distribution Channel: Non-Store, Store Built
3) By Application: Competitive Race, Recreation
Subsegments:
1) By Clothing: Racing Suits, Jerseys, Pants, Base Layers
2) By Footwear: Racing Boots, Riding Shoes, Adventure Boots
3) By Protection Gear: Helmets, Gloves, Body Armor (Back Protectors, Chest Protectors), Knee and Elbow Pads
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How Are New Trends Expected To Influence The Growth Of The Motorcycle Racing Apparel Market?
The incorporation of advanced technology is a rapidly emerging trend in the motorcycle racing apparel sector. The sector is experiencing an influx of state-of-the-art technologies in racing gear such as GPS-linked devices, head-up displays, smart sensor helmets, automated airbags and more, all aimed at reducing accidents and fatalities during rides. Big players in the motorcycle racing apparel market are focusing their efforts on offering advanced tech gear to solidify their market standing. As an example, Alpinestars, an Italian manufacturer specializing in motorsport and action sports apparel and protective wear, launched Tech-Air 10 in April 2022. Designed with feedback from Alpinestars’ MotoGP riders, Tech-Air 10 is a cutting-edge autonomous slim airbag designed to offer full upper body and hip protection to racers, track and road riders. This new airbag features an active electronic system equipped with 12 sensors and an AI-driven crash detection algorithm, to effectively manage airbag deployment in case of an accident, thus enhancing rider safety.
Who Are the Key Players in the Motorcycle Racing Apparel Market?
Major companies operating in the motorcycle racing apparel market include:
• Alpinestars
• Dainese S.p.A.
• Fox Racing Inc.
• REV'IT! Sport International B.V.
• KLIM
• Arai Helmet Ltd.
• Shoei Co. Ltd.
• AGV SpA
• Bell Helmets
• Fly Racing
• Leatt Corporation
• O'Neal USA
• Troy Lee Designs
• Spidi Sport S.r.l.
• Held GmbH
• Icon Motosports
• Thor MX
• RST-Moto
• Schuberth GmbH
• Shark Helmets
• Scorpion Sports Inc.
• LS2 Helmets
• X-Lite
• Macna
• HJC Helmets
• Suomy Helmets
• Alpinestars Boots
• Rukka
• Bering
• Arlen Ness
What Is The Most Dominant Region In The Motorcycle Racing Apparel Market?
North America was the largest region in the motorcycle racing apparel market in 2024. The regions covered in the motorcycle racing apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
