The global Smart Helmet market worth US$ 1537.9 million by 2030, growing at a CAGR of 14.11%
.jpg "The Global Smart Helmet Market 2020-2030 (USD Million)")
Key factor driving the smart helmet market trends across the globe include growing security & safety concerns coupled with technological developments in smart devices. Moreover, motorcycles are considered as one of the most economical mode of transport and head injury is one of the major cause of death in motorcyclists. Thus, rising number of motorcycles production along with accidental death due to head injuries is further likely to boost the smart helmet market growth across the globe.
Furthermore, construction industry is increasingly adopting for smart helmet technology that is having positive impact over the global smart helmet industry. In addition, prominent players in the market like DAQRI are aiming at designing helmets especially that are wearable at construction site, that will consist of geo-fencing as well as collision detection systems. This will further bolster the product’s demand in construction industry over the forecast spell. Moreover, another major factor anticipated to impel the smart helmet market growth in upcoming years is the introduction of light weight smart helmets, manufactured with the combination of innovative material including carbon fiber, fiberglass reinforced plastic and integration of electronics. In addition, smart bicycle helmet market is also expected to maintain the optimistic growth over the forecast period along with other.
On the other hand, there are certain factors expected to restrain the growth of smart helmet market in upcoming years for instance, high cost of the product, lack of awareness about smart helmets among the people of developing economies.
The global market of smart helmet has been segmented by different product, accessories, end-user and geography. Further, product segment of the market has been bifurcated into full helmet, half helmet and smart hard hat (for construction workers). Likewise, accessories segment of the smart helmet market across the globe has been sub-segmented into motorcycle Bluetooth communication system and motorcycle Bluetooth HD cameras. Similarly, end-use segment has been sub- divided into cycling, motorcycling, construction sector and industrial sector.
Geographically, smart helmet market has been divided to several key regions covering Latin America, North America, Europe, Asia Pacific and Middle East & Africa. The smart helmet markets of North America and Europe are very much matured as compared to the markets of other region owing to rapid technological adoptions.
Some of the key players operating in the competitive landscape of smart helmet market across the global include Bell Helmets, Babaali, DAQRI, JARVISH, Forcite Helmet Systems, LIVALL, Nand Logic, LUMOS HELMET, Nexsys, Sena Technologies, FUSAR, Honeywell, GE and Qwake.
Smart Helmet Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | US$ 1537.9 million |
| Growth Rate | CAGR of 14.11 % during 2020-2030 |
| Segment Covered | By Technology, by Type, by End-User , Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | DAQRI, Sena Technologies Inc, Forcite helmet systems, Bell Sports Inc., TORC helmets, Lumos helmet |
Key segments of the global smart helmet market include:
- Product Segment (USD Million)
- Full Helmet
- Half Helmet
- Smart Hard Hat (for construction workers)
- Accessories Segment (USD Million)
- Motorcycle Bluetooth communication system
- Motorcycle Bluetooth HD cameras
- End User Segment (USD Million)
- Cycling
- Motorcycling
- Construction Sector
- Industrial Sector
Regional Overview (USD Million)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America
Frequently Asked Questions (FAQ) :
Adroit Market Research has segmented the smart helmet market By Technology, by Type, by End-User , Regions.
Bell Helmets, Babaali, DAQRI, JARVISH, Forcite Helmet Systems, LIVALL, Nand Logic, LUMOS HELMET, Nexsys, Sena Technologies, FUSAR, Honeywell, GE are a few major players in smart helmet market.
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