Smart Helmet Market Size, Share, Industry Trends, Growth Factors and Forecast 2024-2032

IMARC Group, a leading market research company, has recently releases report titled  “Smart Helmet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032″, The study provides a detailed analysis of the industry, including the global smart helmet market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the smart helmet market?

The global smart helmet market size reached US$ 869.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,704.5 Million by 2032, exhibiting a growth rate (CAGR) of 17.37% during 2024-2032.

What is Smart Helmet?

A smart helmet represents a protective headgear with advanced technological features that offer additional safety and functionality. It is equipped with communication systems, displays, lighting, cameras, microphone, speaker, and various sensors, such as magnetometers, accelerometers, and gyroscopes. A smart helmet is widely used for bicycling, skiing, snowboarding, adventure sports, motorcycling, construction activities, mining, and medical applications. It is a functional, versatile, safe, and highly efficient product that reduces the risk of accidents, improves user experience, enhances safety, increases overall productivity, provides better connectivity, and detects potential health issues. In addition, a smart helmet also offers real-time monitoring and data analysis capabilities that supply valuable insights and enable users to improve performance and make necessary adjustments. As a result, it finds extensive applications across several sectors, including automotive, defense, healthcare, manufacturing, and construction.

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What are the growth prospects and trends in the smart helmet industry?

The extensive product utilization by customers riding two-wheelers, such as bicycles, sports bikes, motorcycles, scooters, and electric bikes, as it improves the overall riding experience and enhances safety, is primarily driving the smart helmet market. Besides this, the escalating demand for this headgear, owing to its various features, including navigation, rearview camera, built-in voice assistance, Bluetooth connectivity, intelligent visor, and emergency notification which enhance situational awareness, is further augmenting the market growth. Moreover, the growing popularity of smart helmets across the construction and manufacturing industries to improve efficiency in hazardous environments, reduce the risk of miscommunication, enhance worker safety, optimize workflow, and detect potential hazards, such as harmful gases, falling objects, and electrical shocks, is also catalyzing the global market. Apart from this, the launch of several policies by the government bodies to mandate the use of headgear during certain activities, including adventure sports, mountain biking, and paragliding, is anticipated to propel the smart helmet market over the forecasted period.

Smart Helmet Market 2024-2032 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the smart helmet market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Babaali
• Forcite Helmet System Pty Ltd.
• Jarvish Inc.
• Livall Tech Co Ltd.
• Lumos Helmet
• Nexsys. Co., Ltd.
• Sena Technologies Inc.

Key Market Segmentation:

The report has segmented the global smart helmet market based on component, type, technology, end user and region

Breakup by Component:

• Communication
• Navigation
• Camera
• Others

Breakup by Type:

• Full Face
• Half Face
• Hard Hat

Breakup by Technology:

• Integrated Communication System
• Integrated Video Camera
• Contactless Temperature Measurement
• Bluetooth Connectivity
• Signal Indicator and Brake Function
• Others

Breakup by End User:

• Consumer
• Industrial
• Healthcare
• Construction

Breakup by Region:

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
• Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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