More Citizen Safety Initiatives by Government will Propel the Adoption of Smart Helmets Globally

The global smart helmet market is expected to witness a CAGR of over 15% during the forecast period, surpassing $800 million by 2025

Bangalore, India, July 17, 2019: With its recently published study “Global Smart Helmet Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025”, Infoholic Research infers that there will be huge adoption of smart helmets in the next 6 years, especially in the APAC region, mainly due to stringent government regulations on enhancing individual safety and security.

The smart helmet is predominantly used for providing safety to individuals, either when using vehicles or working in a construction site. New age helmets are integrated with high-tech systems, preferably termed as smart helmets. These helmets include built-in microphones, speakers, rear-facing cameras, and several other value-added features. Increasing adoption of smart helmets in the construction industry and adventure sports activity segment are boosting the growth of this market. Several organizations are significantly investing in developing smart helmets and are leveraging varied technologies to create a competitive advantage.

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Automobiles is among the significant contributors towards the smart helmet market. Vendors such as Skully Technologies have introduced motorcycle helmets with head-up displays and augmented reality. Its flagship product, Fenix AR helmet, consist of a rear-view camera with a 180-degree view on a head-up display as well as turn-by-turn navigation. These features enhance the rider’s safety. Few of the key companies that have established their prominence in the market include DAQRI, Forcite Helmet Systems, FUSAR Technologies, Jarvish, and LIVALL.

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North America is likely to lead the smart helmet market and will have a significant revenue contribution globally, owing to the high adoption of smart helmets in this region. Growing participation of motorcyclists in off-road activities and a high adoption of smart helmets by firefighters as well as several product launches by the vendors in this region will have a significant contribution towards the market revenue.

The growing adoption of smart helmets in areas such as firefighting and construction will steer the growth of smart helmet market globally.” pointed out Rahul Kumar Pandey, Research Analyst, Infoholic Research

Segmentation of the Report:

Smart Helmet Market Segmentation, By Type

  • Full Helmet
  • Half Helmet
  • Others

Smart Helmet Market Segmentation, By End-user

  • Automotive
  • Industrial
  • Firefighting
  • Construction
  • Others

Industry outlook: Market trends, drivers, restraints, and opportunities

Contact:
Ms. Sunanda Ganguli
Infoholic Research LLP
IND: 080-461-51400
USA: 1-661-210-1186
sunanda@infoholicresearch.com

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