Smart Helmet Market Progresses for Huge Profits During 2017 – 2025
Smart helmets are embedded with sensors and additional mounted devices 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. Smart helmets consist of action cameras and GPS navigation systems that assist users. The smart helmet can be connected to internet to perform wide range of functions such as traffic monitoring, GPS guidelines, In-built headphones etc. Smart helmet contains flexible inner layer which becomes hard during an accidental situation along with this the device is designed to provide complete safety measures which includes sending an emergency message to friends and family in critical situations with a single press. Smart helmets are gaining popularity in various sports events as well as by bike riders across the globe. Smart helmets have multiple features such as engine control system, inbuilt cooling fan, inbuilt Bluetooth system, accidental alert system, cell phone charging with the solar power use. These features are attracting the consumer’s interest towards the adoption of smart helmet technology, the product is designed to provide security, safety and comfort journey to the rider. Smart helmets for cycling is a basic workout monitor, measuring heart rate and calorie consumption. It connects via Bluetooth to smart watches or apps to monitor the statistics.
Smart Helmet Market: Drivers and Challenges
Increasing safety and security concerns along with the technological advancements in smart devices is 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 advanced safety devices across the globe.
Adoption of smart helmet technology in construction industry is positively driving the global smart helmet market. The helmets are featured with 360 degrees wireless camera, allowing a full view of worker surrounding. Key market players such as DAQRI are focused on designing construction wearable featured with geo-fencing and collision detection systems; this will boost the demand for smart helmets in construction industry over the forecast period. Introduction of lighter weight smart helmets which are manufactured by advanced material combination of carbon fiber and fiberglass reinforced plastic and integration of electronics in helmets are major technological factors which are anticipated to propel the market growth
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High cost associated with the product, lack of awareness regarding smart helmets in developing countries is major factors that may hinder the growth of smart helmet market over the next few years.
Smart Helmet Market: regional outlook
By regions, smart helmet market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
North America and Western Europe smart helmet market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Smart helmet market in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Smart helmet market in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.
Smart Helmet Market Segmentation
By Product Full Helmet Half Helmet Smart Hard Hat (for construction workers)
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By Accessories Motorcycle Bluetooth communication system Motorcycle Bluetooth HD cameras
By End User Cycling Motorcycling Construction Sector Industrial Sector
Smart Helmet market: competition landscape:-
Key vendors in Smart helmet market include Nand Logic Corp, Forcite Helmet System Pvt. Ltd., Lifebeam Technologies Ltd., 360fly Inc., Fusar Technologies Inc., Daqri LLC, Sena Technologies Inc, Jarvish Inc, Jager HelmX Smart Helmets, Babaali
The report covers exhaustive analysis on:
Smart Helmet Market Segments Smart Helmet Market Dynamics Historical Actual Market Size, 2012 – 2016 Smart Helmet Market Size & Forecast 2017 to 2027 Supply & Demand Value Chain Smart Helmet Market Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain Smart Helmet Market Drivers and Restraints
Regional analysis for Smart Helmet Market includes the development of these systems in the following regions: North America US Canada Latin America Brazil, Mexico, Others Europe Western Europe Germany France U.K. Spain Italy Nordic BENELUX Rest of Western Europe Eastern Europe Russia Poland Rest of Eastern Europe Asia Pacific Excluding Japan Australia and New Zealand (ANZ) Greater China India ASEAN Rest of Asia Pacific Japan Middle East and Africa GCC Countries Other Middle East North Africa South Africa Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights: Detailed overview of parent market Changing market dynamics of the industry In-depth market segmentation Historical, current, and projected market size regarding value Recent industry trends and developments Competitive landscape Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards market performance Must-have information for market players to sustain and enhance their market footprint
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