Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Smart Helmet Market Outlook

The global smart helmet market attained a value of USD 727.80 million in 2023. The smart helmet market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 18.3%.

Global Smart Helmet Market

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Full face is the leading type of smart helmet due to the rising adoption of smart helmets by bikers. The increasing use of full face smart helmets in adventure sports is expected to aid the segment growth further. The segment is expected to be the fastest-growing type of smart helmet in the industry in the forecast period. While communication is the leading component in the industry, navigation is expected to emerge as the fastest-growing component segment in the forecast period due to the rising demand for Global Navigation Satellite System (GNSS) based tracking, navigation, and positioning via smart helmets. By end-use, the consumer segment is projected to continue to lead the industry due to the growing sales of two-wheelers and rising safety concerns. North America, meanwhile, is the leading regional market for the product due to the stringent safety regulations, rising awareness regarding road safety, and growing disposable incomes in the region. The Asia Pacific, however, is expected to emerge as the fastest-growing market for smart helmets in the forecast period due to the rising adoption of smart helmets, growing sales of two-wheelers, and rapid urbanisation.

Global Smart Helmet Market Properties and Applications

Smart helmet has functionalities which gives the user a high level of safety by providing information about the surroundings. It also enables the user to access their phone’s applications through the use of their voice.

Global Smart Helmet Market By Component

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The types of smart helmet available in the industry are:

  • Full Face 
  • Half Face 
  • Hard Hat

By components, the smart helmet market can be divided into:

  • Communication 
  • Navigation
  • Camera 
  • Others

The smart helmet market can be broadly categorised based on its end-use segments into:

  • Cycling and Motorcycling
  • Industrial
  • Construction 
  • Others

The EMR report looks into the regional smart helmet markets like the Asia Pacific, Latin America, the Middle East and Africa, North America, and Europe.

Global Smart Helmet Market By Region

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Global Smart Helmet Market Analysis

The market is being driven by the growing urbanisations and rising disposable incomes across the globe. The growth of the market can also be attributed to the rising adoption of smart helmets by motorcyclists and bicyclists. The increasing sales of two-wheelers are also expected to aid the industry growth. The implementation of strict road safety regulations by governments is also projected to propel the market forward. The rising focus of regulatory authorities to curb mobile phone usage by drivers is expected to aid the industry growth further. The market is expected to be driven by the rising innovations and technological advancements in the industry in the coming years.

Global Smart Helmet Market Competitive Landscape

The report presents a detailed analysis of the following key players in the global smart helmet market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Skully Technologies Europe
  • Sena Technology, Inc.
  • Vozz Helmets
  • Jarvish Inc.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Component
  • End Use
  • Region
Breakup by Type
  • Full Face
  • Half Face
  • Hard Hat
Breakup by Component
  • Communication
  • Navigation
  • Camera
  • Others
Breakup by End Use
  • Cycling and Motorcycling
  • Industrial
  • Construction
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Skully Technologies Europe
  • Sena Technology, Inc.
  • Vozz Helmets
  • Jarvish Inc.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global smart helmet market attained a value of nearly USD 727.80 million.

The market is projected to grow at a CAGR of 18.3% between 2024 and 2032.

The industry is being driven by factors such as the increased usage of smart helmets by motorcyclists and bicyclists, growing sales of two-wheelers, implementation of stringent road safety standards, and the rapid innovations and technical advances in the sector.

The key trends responsible for the industry growth include the growing urbanisation and increased disposable incomes of consumers.

The major regions in the industry are North America, Latin America, Europe, the Middle East, and Africa, and the Asia Pacific.

The full-face type of helmet is the dominant type in the industry.

The communication type is the dominant component in the industry.

The consumer segment is the leading end use segment of the product.

The major players in the industry are Skully Technologies Europe, Sena Technology, Inc., Vozz Helmets, Jarvish Inc., and others.

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