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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%.
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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.
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.
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The types of smart helmet available in the industry are:
By components, the smart helmet market can be divided into:
The smart helmet market can be broadly categorised based on its end-use segments into:
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.
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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.
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:
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.
| 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:
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| Breakup by Type |
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| Breakup by Component |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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