NEWARK, DE / ACCESSWIRE / May 25, 2023 / The motocross gears market is predicted to be valued at US$ 7,042.3 million in 2023 and US$ 14,669.8 million by 2033. Over the projection period, sales in the motocross gears market are expected to increase at a CAGR of 7.6%.
There is a growing interest and participation of women in motocross sports. This presents an untapped market segment for motocross gear manufacturers to cater to the specific needs and preferences of female riders.
The rapid growth of e-commerce provides an opportunity for motocross gear manufacturers to expand their online presence and reach a wider global customer base. Creating user-friendly websites, offering personalized gear customization options, and providing seamless online shopping experiences can drive sales and customer loyalty.
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There is an increasing demand for sustainable and eco-friendly motocross gears. Manufacturers are exploring the use of recycled materials, eco-friendly production processes, and environmentally conscious packaging to align with consumer preferences and regulatory requirements.
Integration of advanced technologies such as impact-resistant materials, moisture-wicking fabrics, and improved ventilation systems is becoming prevalent in motocross gear designs. Smart gear with built-in sensors and communication capabilities is also gaining traction, offering enhanced safety and connectivity for riders.
Riders are seeking unique and personalized motocross gears that reflect their individual style and preferences. Customization options for color schemes, graphics, and personalized name/number plates allow riders to express their identity, opening up avenues for manufacturers to offer tailored products.
Continuous advancements in safety features, such as improved impact protection, neck braces, and airbag technology, are driving the motocross gear market. Manufacturers focusing on developing innovative safety solutions can gain a competitive edge and address the rising concern for rider safety.
Key Takeaways:
• In North America, it is projected that the United States will hold a dominant market share of 19.6% until 2023.
• Japan is anticipated to hold a significant market share of over 5.4% in East Asia until 2021.
• The demand for motocross gears in China is experiencing substantial growth, with an impressive CAGR of 8.0% in 2023.
• The helmets segment is expected to provide a boost to the market, with a market share of 48.9% in 2023.
"The motocross gears market is accelerating at full throttle, driven by a surge in demand, technological advancements, and the thrill-seeking spirit of riders worldwide," - remarks an analyst at FMI.
How Key Players are revolutionizing this market?
Key players in the motocross gears market are spearheading a revolution in manufacturing through innovative approaches and advanced technologies. They are investing in research and development to enhance product performance, durability, and safety features. Integration of lightweight and impact-resistant materials, such as carbon fiber and advanced polymers, is revolutionizing gear construction. Cutting-edge manufacturing processes, such as 3D printing and automated production lines, are streamlining the manufacturing of motocross gears, resulting in improved efficiency and cost-effectiveness. Key players are focused on customization options, allowing riders to personalize their gear for a unique and tailored experience. These efforts are shaping the industry and elevating the motocross gear manufacturing standards to new heights.
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Key Players:
- O'NEAL USA
- Scott Sports
- Aero Stitch
- Fox Racing
- Answer Racing
- AGVSports America LLC
- FLY Racing
- Joe Rocket Jackets
- Ride Icon
- Dainese
- Shift MX
- TacknRider
- Fox Head Inc.
- LeMans Corporation
- ACERBIS
- Alpinestars
- AXO
- LSD Industries, LLC
- KTM Sportmotorcycle GmbH
- Troy Lee Designs
Product Portfolio:
- Aero Stitch's product portfolio includes high-quality motorcycle touring gear such as riding suits, jackets, pants, gloves, and accessories. They specialize in durable, weather-resistant gear designed for long-distance rides.
- Fox Racing's product portfolio features a range of motocross gear, including helmets, jerseys, pants, gloves, boots, and protective equipment. Their products combine innovative designs, advanced materials, and cutting-edge technologies to deliver performance and protection for off-road riders.
More Insights Available:
Future Market Insights offers an unbiased analysis of the motocross gears market, providing historical data from 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the motocross gears market, the report is segmented on the basis of By Product Type (Helmets, Gloves, Protectors, Check Protectors, Elbow/knee Guards, Kidney Belts, Braces and Others), Over-ankle Boots, Goggles, Pants, Jerseys & Jackets and Others), By Size (Small, Medium, Large and Extra-Large), By End User (Men and Women), By Rider Type (Beginners and Professionals), By Sales Channel (Wholesalers/Distributors, Hypermarkets/Supermarkets, Exclusive/Specialty Stores, Multi-Brand Stores, Independent Sports Outlets, Online Retailers and Others), across 5 major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
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Market Segmentation:
By Product Type:
- Helmets
- Gloves
- Protectors
- Check Protectors
- Elbow/knee Guards
- Kidney Belts
- Braces
- Others
- Over-ankle Boots
- Goggles
- Pants
- Jerseys & Jackets
- Others
By Size:
- Small
- Medium
- Large
- Extra-Large
By End User:
- Men
- Women
By Rider Type:
- Beginners
- Professionals
By Sales Channel:
- Wholesalers/Distributors
- Hypermarkets/Supermarkets
- Exclusive/Specialty Stores
- Multi-Brand Stores
- Independent Sports Outlets
- Online Retailers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
About the Consumer Product at Future Market Insights (FMI):
The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
Table of Content (ToC:
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter's Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-13951
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