In accordance with this study, the Global Smart Helmet Market value registered in 2022 was close to USD 668.9 MN and is predicted to outstretch revenue by USD 2514.3 MN in 2030 with a CAGR of 18% during the period of 2023-2030.
Smart helmets are categorized under protective gears used to protect the head and are embedded with sensors to collect the data & aids users. The smart helmet consists of a micro HD camera, flexible inner display, GPS system, Bluetooth, and inner headphones that operates with the help of an internet-enabled smartphone. These helmets are also well designed with an accident alert system that sends emergency messages to listed contacts during accident. Further, these helmets are used in sports such as cycling, which measures calorie consumption and also monitors heart rate.
Market Dynamics
The increasing concerns regarding safety and security for the motorcyclist and worker at across various industries, as smart helmets provide technical guidelines, is strengthening the demand of smart helmets market. Additionally, the rising number of accidental deaths by head injuries is further pushing the market growth. On the flip side, the high cost of smart helmets hinders the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of smart helmet.
Market Segmentation
The study offers a decisive view of the global smart helmet market by segmenting it in terms of product, accessories, and end-user. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Type
- Full Face
- Half Face
- Hard Hat
By Component
- Communication
- Navigation
- Camera
- Others (Audio Systems, Health Monitoring, Lighting, Safety Features)
By End-Use
- Consumer
- Manufacturing
- Construction
- Others (Healthcare, Mining, Disaster Prevention)
Regional Analysis
This section covers Smart Helmet market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global smart helmet market along with the individual application segment across all the prominent region.
Global Smart Helmet Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Smart Helmet market are Beijing BaBaALi Technology Co. Ltd, Crosshelmet, Bell Helmets, Forcite Helmet Systems, Intelligent Cranium Helmets LLC (ICH), JARVISH INC, LIVALL Tech Co. Ltd., H&H Sports Protection USA Inc. (TORC), Sena Technologies Inc., Lumos Helmet US. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.