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Global Driving Apparel Market By Product (Clothing, Footwear, Protection Gear), By Material (Leather, Synthetic, Natural Fiber), By Vehicle Type (Two wheeler, Four wheeler) Business Overview, Analysis and Industry Forecast 2019-2025.

  • Category:Automotive and Transportation
  • Published on:14 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 230462
  • Publisher:Genesis Market Insights

Overview

Global Driving Apparel Market was valued at USD 12713.9 Million in the year 2018. Global Driving Apparel Market is further estimated to grow at a CAGR of 4.92% from 2019 to reach USD 16960.1 Million by the year 2025. The North America region holds the highest market share in 2018 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At the country level, Germany is projected to grow strongly in the coming years due to increased investment by R&D.

Alpinestars S.p.a (Italy), Dainese (Italy), Fox Head, Inc. (US) are some of the key players in the Global Driving Apparel Market. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

Safety regulations imposed by authorities

Popularity of motorsports players. For e.g. Formula One

Restraints:

Innovations making accessories costly

Small scale manufacturers hindering the organized sector

Opportunities:

Increasing the number of driving enthusiasts

Surge in adoption of protection gear

Challenges:

Intense competition among the producers

The Global Driving Apparel Market is segmented as ?By Product, Material, Vehicle Type, and Region.

The Product segment is divided into three segments Clothing, footwear, and protection gear. Protection gear contributes to the highest market share as they are thicker and heavier than normal jackets with waterproof closures.

The Material segment is divided into leather, synthetic, natural fiber. Leather segment has the highest share in the market as a result of growing inclination towards a healthy and active lifestyle.

The Vehicle type segment is divided into two wheelers and four wheeler. The two wheeler segment contributes the most to the market share.

Among all, it is expected that the protective gear will be growing at a moderate CAGR of XX % in the assessment period.

Key Benefits for Stakeholders

Driving Apparel Manufacturers, Distributors, and Retailers

Automobile Manufacturers

Government agencies & authorities

By Product

Clothing

Footwear

Protection Gear

By Material

Leather

Synthetic

Natural Fiber

By Vehicle Type

Two wheeler

Four Wheeler

By Region

North America

Europe

Asia Pacific

RoW

Key Market Players

Alpinestars S.p.A

Dainese

Fox Head, Inc.

Scott Sports Sa

LeMans Corporation

Puma Se

Adidas AG

Baoxiniao Holding Co., Ltd.

Spartan ProGear Co.,

Solace Gears

(A brief information about 10 companies will also be provided in the report)



Research Methodology:

Genesis Market Insights follows in depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in house Data on a broad front.
Both Bottom Up and Top Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

  • Segment-level analysis by shielding type, thermal application, and application, along with market size predictions and estimates, detail key areas of industrial growth.

  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

  • Study of the effects of exogenous and endogenous factors affecting the global market; Among the macro-environmental factors shown in the extensive PESTLE analysis include demographics, economics and politics.

  • We use Porter's five force analysis to analyze competitive levels and business strategy development to study microenvironmental factors that determine the overall profitability of an industry.

  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

  • Competitive topographic analysis listing mergers, acquisitions, and collaborations in the field, along with major company new product launches, comparative financial research, and recent developments in the market

  • Summary omitting entire reports to help decision makers quickly become familiar with background information, concise analysis, and key conclusions

  • Professionally devise analyst overviews with investment opportunities to provide a strong financial foundation in the market for both individuals and organizations

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