Motocross Gears Market Trends | Segmentation, Outlook, Industry Report 2031

 

According to a recent report by Future Market Insights (FMI), the motocross gears market is expected to surpass a valuation of US$ 12.5 Bn at a CAGR of over 7.5% through 2031.Expansion of automobile industry and growing popularity of off-road and motocross sports are propelling the sales of motocross gears.

Over the years, increase in motocross and dirt-bike racing activities has fueled motocross gears sales. As awareness of safe riding is increasing among the riders, demand for riding gear such as jerseys, jackets, and pants is also aiding market growth.

With rising cases of fatal accidents, helmets have become the preferred choice of riders in gears. Furthermore, stringent government rules regarding the consequences of not wearing a helmet are being seriously considered by motocross riders, leading to spike in the sales of motocross gears. .

Extremity injuries are common in motocross accidents, according to a survey published by the Digital Common Organization. According to the National Centre for Biotechnology Information (NCBI), the overall incidence of motocross injuries is more than 90 per thousand.

Such findings are assisting in improving awareness among motocross riders. This also is spurring the demand for protective gears. Backed by these factors, the market is set to witness substantial growth over the coming years, reaching a shipment of 57,326 units through 2031.

Key Takeaways from the Motocross Gears Market Study

In terms of product type, helmets are expected to dominate the market, registering growth at 15.7% CAGR through 2031.The U.S. will lead the North America market, which will continue to be the focal centre of the world’s largest motocross gears market.Increased demand for protective gear such as armoured jackets, back protectors, and other similar items will help manufacturers thrive.

Germany is expected to maintain its dominance as the world’s second largest motocross gear marketAsia Pacific will emerge as the world’s fastest-growing motocross gear market, with India and China leading the region’s growth.The U.K., France, Canada, and Japan will be in the spotlight for motocross gear industry stakeholders.Men’s demand for motocross gear is surging, propelling sales across the globe.

“As there has been a notable surge in number of professional motocross riders, extensive adoption of a wide range of riding and protective gear is on cards. This trend is spurring the sales of motocross gears across the globe. Additionally, manufacturers are adding fashionable items to their portfolios in order to woo riders, which is create impressive scope for expansion,” says an FMI analyst.

Click For More Info: https://www.futuremarketinsights.com/reports/motocross-gears-market

 

Comments

Post a Comment

Popular posts from this blog

Infrared Imaging Market Current and Future Trends, Leading Players, and Regional Forecast By 2027

  Infrared Imaging Market  is rapidly growing in many enterprises. As many enterprises are using infrared imaging system for the security check, and surveillance of the enterprise important equipment. Initially infrared imaging is developed for military applications such as gun lights, binoculars and night vision camera’s, now it is used heavily in many commercial purpose due to its technology advancement. As closed circuit television (CCTV) camera technologies cannot give the proper detection of image in complete darkness, so Infrared imaging technology is used to detect the high-contrast image in complete darkness. Infrared imaging system can pass through smoke, dust, fog and even in the worst lighting conditions it can capture the image. Infrared Imaging Market: Drivers and Challenges The key driver growth for the infrared imaging market is rising demand in industrial and commercial use because of fast development in high speed infrared cameras with advanced features, and
Read more

Metal Deactivators Market Application, Region Wise Trend, Participants, analysis report 2027

  Metal deactivators are oil and fuel additives used as highly efficient solution to stabilize fluids by disabling the non-ferrous metal-ions. Metal deactivators reduces the negative effects in the lubricants such as corrosion and staining which is occurs mainly due to the oxidation process. To avoid this oxidation and metal contamination, special additives namely antioxidants are being used. However, cost of antioxidant chemicals is very high. Hence, for the reduction of the cost and usage of antioxidants, a very small quantity of metal deactivators are used. Selection of metal deactivators is also an important part, it is based on a number of factors including the metal to be protected, the base stock used, frequency of the application, length of time it needs to be effective and any additional properties needed for the application. The metal deactivator market is a very niche segment as compared to other additives; owing to its treat rate and its minute applications but this in
Read more

Minimally Invasive Lung Cancer Surgery Growth Analysis Report, Forecast to 2029

  The Minimally Invasive Lung Cancer Surgery holds nearly 10% of the US$ 12 Bn cancer surgery market in 2021. The global Lung Cancer Surgery Market was valued at US$ 1.23 Bn in 2021 and is expected to reach US$ 1.98 Bn by 2029, finds Future Market Insights (FMI) in a recent market survey. Lung cancer refers to the growth of abnormal cells in the lung tissue. Non-small cell lung cancer (NSCLC) and small cell lung cancer (SCLC) are the two major types of lung cancer. Treatment options for lung cancer usually includes various types of therapies such as chemotherapy, radiation therapy, immunotherapy, targeted drug therapy and surgery. Attempts to cure the disease with surgery involve the removal of the tumour, the surrounding lung tissue, and lymph nodes in the tumour area. Surgery is considered the treatment of choice for localized cancer, including carcinoid tumours. The rising level of air pollution in developing economies and the increasing research and development activities
Read more