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Driving Armor Market

Driving Armor Market: Global Industry Analysis 2015-2019 and Opportunity Assessment 2020-2030<br>

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Driving Armor Market

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  1. Demand for Driving Armor Market Set for a Massive Hit in and Post 2020, with Corona Virus Outbreak Projected to Threaten Global Market 2020-2030 August 2020 Report Id : REP-GB-12127 Status: Ongoing @futuremarketins I Category : Retail and Consumer Products www.futuremarketinsights.com I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare,and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the worldto distillit to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Developing list of respondents Channel study B Developments 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Market dynamics Data collection Products      Market participants C Conclusions Key strengths Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Product portfolio Data validation Mapping as per value chain Key focus segments 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Driving Armor Market Analysis Driving Armor Market: Overview Increased sales of motorcycles throughout the world has pushed the riders to adopt driving safety products such as driving armor. In recent past, an increased adoption of driving armor has been observed owing to safety consciousness among riders. The number of riding enthusiasts is increasing worldwide. The rise in sales of two-wheelers has gained momentum across the world. According to the European Association of Motorcycle Manufacturers (ACEM), the number of motorcycles registered in the EU was 830,694 units in the first nine months of 2018. Moreover, lower prices are proliferating sales of driving armor market across the world. Driving armors usage is limited to a particular group of consumers who ride high capacity motorcycles. Growing safety awareness has led the driving armor market forwards and pushes for higher sales across the globe. Download Methodology of this Report @ https://www.futuremarketinsights.com/askus/rep-gb-12127 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Driving Armor Market Analysis Driving Armor Market: Market Dynamics Motorcycle crash, injuries and deaths are considered as primary drivers for driving armor market. Rise in the sale of motorcycles around the globe has created demand for motorcycle safety products. Driving armors are considered as one of the major life saving product for motorcycle safety - market. Growing awareness of road safety has pushed the riders to wear driving armor. Moreover, motorcycle crash which leads to permanent injury or death, especially in case of superbikes, creates demand for driving armors in the market. Driving armors are often considered as the lifesaving motorcycle safety product. As per Insurance Institute for Highway Safety (IIHS), the number of motorcycles registered in the U.S. has increased from 8,047,435 in 2012 to 8,392,682 in 2017, increasing at a CAGR of less than 1% which in result, further creates demand for driving safety products such as driving armor. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Driving Armor Market Analysis The number of motorcyclists killed in crashes and accounted for 4,985 in 2018 in the U.S. only. The fatal injuries and deaths are very high in the global scenario. Motorcycle deaths are estimated as 28% of total accidents worldwide. Apart from the motorcycle sales, crash and death numbers another growth factor for driving armor is the increasing sales on online platforms. The preferential shift of consumers towards online platforms are primarily driven by competitive vendor prices and availability of products. Moreover, product delivery at doorstep also attracts consumers towards online platforms. To gain a competitive advantage over rivals, the driving armor manufacturers are focusing on product innovation and development. Advancement in technology also brings additional advantage to the manufacturers towards hi-tech product innovation which is expected to change the future landscape of the driving armor market. Most of the countries, especially European countries use CE approved driving armor such as jackets which are CE EN 1621-1 approved. Offline sale through physical stores hold the highest market share in driving armor market however online sales are expected to expand at a higher CAGR during the forecast. So on… www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Driving Armor Market Analysis Driving Armor Market: Market Segmentation The driving armor market is segmented into different categories based on the product type, material type, price, weight, sales channel and region. Based on Product Type • Full Protection • Half/Partial Protection Based on Material Type • PVC • Lycra fabric • Synthetic www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Driving Armor Market Analysis Based on Price • High Range • Low Range Based on Weight • 1-2 lbs • 2-3 lbs Based on Consumer Group • Men • Women www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Driving Armor Market Analysis Based on Sales Channel • Online • Offline • Hypermarkets/Supermarkets • Multi-Brand Stores • Specialty Stores • Others (Motorcycle Service Centers, Garages etc.) Click here to Order a free sample For more insights on the ASEAN Automotive Aftermarket, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

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