Market Share of Riding Gear Industry
The global riding gear market is fragmented due to the presence of numerous regional and small local players. However, AGV, Alpinestars, FLY Racing Jackets, Fox Racing Inc., HKM Sports Equipment GmbH, Joe Rocket Jackets, Rynox Gears, and Spartan Pro Gear dominate the riding gear market. Alpinestars also produces race suits for Formula One World Championship Grand Prix.
In recent years, this industry has seen a number of innovations and collaborations. Recent innovations include airbag jackets and vests, HUD visors, and Bluetooth connectivity. Several start-ups are emerging in developing countries that are dedicated to providing high-quality equipment at reasonable prices. ViaTerra, Motoziel, and BluArmor are a few examples of Indian start-ups.
- November, 2022: 509, a power sports apparel brand, aims to disrupt the market with the introduction of a new product line for street motorcyclists. The "Mach V" helmet is designed for speed and features an aerodynamic shape, a wide field of vision, and a Venturi venting system (patent pending) that keeps the rider's attention on the road in aggressive riding and warmer weather.It additionally includes Fidlock, Spot and ECE 22.06 certificate.
Motorcycle Apparel Market Leaders
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AGV
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Fox Racing Inc.
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Alpinestars SPA
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Klim Technical Riding Gear
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Rynox Gears India Pvt. Ltd.
*Disclaimer: Major Players sorted in no particular order