Global Smart Helmet Market  Future Growth, Competitive Analysis and Forecast 2027


Smart Helmet Market was valued US$ 629.85 Mn in 2021 and is expected to reach US$ 1,825.92 Mn by 2027 at a CAGR of 19.41 % over the forecast period 2022-2027.

Smart Helmet Market Overview:

The Smart Helmet Market report analysis provides a comprehensive analysis of current trends and future market dynamics in the Smart Helmet Market, assisting customers in determining potential business opportunities and building market strategies. Key rivals, industries network structure, market overview, governmental policies impact, planning analysis, and the most recent dynamic analysis are all included in the Smart Helmet market analysis. The report concentrated on the market's overall drivers, opportunities, challenges, and restraints. The Smart Helmet market study also investigates the impact of these primary drivers, trends, and constraints on market demand during the forecast period.

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Smart Helmet Market Scope:

The Smart Helmet Market is a comprehensive analysis of the primary customer and market application sectors, significant regions and consumption, key manufacturers, distributors, raw material suppliers, and equipment vendors, as well as contact information and an industry chain relationship analysis. This research also covers product specifications, manufacturing processes, cost structure, and data information organized by location, technology, and application. Key firms' goods and services, revenue, economic position in the global market, investment plan, growth strategy, and regional presence are all investigated. Recent acquisitions and mergers, as well as business strategic orientations and cooperative partnership information, give a realistic picture of the Smart Helmet Market's competitive landscape.

Smart Helmet Market Research Methodology:

Quantitative and qualitative research approaches were utilized to collect data, and bottom-up approaches were used to validate the findings. Secondary data was gathered from a number of sources to ensure that the results were consistent. Official databases from various organizations and government websites, industry periodicals and newspapers, enormous company annual reports, manufacturer and supplier publications, and paid databases are some examples. Surveys, questionnaire administration, and phone interviews with industry experts, market leaders, entrepreneurs, and marketing professionals are used to obtain primary data. SWOT analysis was used to study significant organizations' strengths and weaknesses, while PORTER and PESTLE were utilized to investigate various economic difficulties. Finally, the research looks at the Smart Helmet market in depth.

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Smart Helmet Market Dynamics:

Smart helmets are equipped with sensors and additional mounted devices such as GPS guidelines, in-built headphones that collect data and information as well as assist users. Smart helmets are increasingly being used by motorcyclists and bicyclists, apart from their use by industrial workers and fire-fighters.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Increasing safety and security concerns along with the technological advancements in smart devices are strengthening the demand for smart helmets across the globe. It has been notified that motorcycles are considered as an economical convenience of mobility and head injury is the primary cause of death in motorcyclists. Increasing production of motorcycles coupled with the rising figures of accidental death by head injuries will further propel the demand for smart helmet market across the globe.

Smart Helmet Market Segmentation:

By types, the market is classified into full helmet, half helmet. The full helmet held 55% market share in 2020 and is expected to keep its dominance over forecast period on account of increasing penetration and adoption of smart helmets by bike riders. Additionally, increasing use of the product in adventure sports is expected to drive their adoption over the forecast period.

By end user, the consumer end user segment expected to hold 35% market share over forecast period owing to growing safety concerns coupled with rising sales of 2-wheelers. Smart helmet is an effective safety technology that helps enhance situational awareness and road safety. In the consumer segment, smart helmets are rapidly gaining popularity mainly due to the product features such as integrated communication systems, real-time navigation, and enhanced safety. Consumer end use segment is followed by Construction. Adoption of smart helmet technology in the construction industry is boosting the global smart helmet market. The helmets are featured with 360 degrees wireless camera, allowing a full view of worker surrounding.

Key Players:

The major players covered in the Smart Helmet market report are

• Babaali
• Bell Helmets
• DAQRI
• Forcite Helmet Systems
• Livall Tech Co,Ltd.
• LUMOS HELMET
• Nand Logic
• Nexsys
• Sena Technologies
• Lifebeam Technologies Ltd.
• 360fly Inc.
• Fusar Technologies Inc.
• Daqri LLC
• JarvishInc
• JagerHelmX Smart Helmets.
• Qwake Tech Inc.

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Key Questions Answered in the Smart Helmet Market Report are:

  • What is Smart Helmet Market?
  • What is the growth rate of the Smart Helmet Market during the forecast period?
  • What is the nature of competition in the Smart Helmet Market industry in developed economies and developing economies?
  • Who are the key players in the Smart Helmet Market?
  • Who are the market leaders in the Smart Helmet Market in Europe?
  • Who are the market leaders in the Smart Helmet Market in USA and Canada?
  • Who are the market leaders in the Smart Helmet Market in India, China, Japan, and South Korea?
  • What are the factors affecting growth in the Smart Helmet Market?
  • Who held the largest market share in the Smart Helmet Market?
  • What are the factors for the growth of the Asia-Pacific region in the Smart Helmet Market?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by major segmentation and region.
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2
Pune Banglore Highway, Narhe, Pune
411041
India
Phone : +91 9607365656
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Published in

Automotive , Vehicle

Published on

Nov 28, 2022

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