Smart Helmet Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Helmet Trends and Forecast

The future of the global smart helmet market looks promising with opportunities in the consumer, manufacturing, and construction markets. The global smart helmet market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 12.5% from 2024 to 2030. The major drivers for this market are growing worries about security and safety as well as technological developments in smart wearables, extensive product use in the manufacturing and construction sectors, and strict laws governing road safety that have been established by governments worldwide.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Smart Helmet by Segment

The study includes a forecast for the global smart helmet by type, component , end use, and region.

Smart Helmet Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Full Face
• Half Face
• Hard Hat

Smart Helmet Market by component [Shipment Analysis by Value from 2018 to 2030]:

• Communication
• Navigation
• Camera
• Others

Smart Helmet Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Consumer
• Manufacturing
• Construction
• Others

Smart Helmet Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Smart Helmet Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart helmet companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart helmet companies profiled in this report include-

• Beijing Babaali Technology
• CrossHelmet
• Bell Helmets
• Forcite Helmet Systems
• Intelligent Cranium Helmets
• JARVISH
• Sena Technologies

Smart Helmet Market Insights

Lucintel forecasts that full-face will remain the largest segment over the forecast period.

Within this market, consumer will remain the largest segment.

North America will remain the largest region over the forecast period due to fast technical breakthroughs, stricter government regulations, and consumers' growing purchasing power.

Features of the Global Smart Helmet Market

Market Size Estimates: Smart helmet market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Smart helmet market size by type, component , end use, and region in terms of value ($B).

Regional Analysis: Smart helmet market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, component , end use, and regions for the smart helmet market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart helmet market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the smart helmet market size?

Answer: The global smart helmet market is expected to reach an estimated $1.3 billion by 2030.

Q2. What is the growth forecast for smart helmet market?

Answer: The global smart helmet market is expected to grow with a CAGR of 12.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the smart helmet market?

Answer: The major drivers for this market are growing worries about security and safety as well as technological developments in smart wearables, extensive product use in the manufacturing and construction sectors, and strict laws governing road safety that have been established by governments worldwide.

Q4. What are the major segments for smart helmet market?

Answer: The future of the global smart helmet market looks promising with opportunities in the consumer, manufacturing, and construction markets.

Q5. Who are the key smart helmet market companies?

Answer: Some of the key smart helmet companies are as follows:

• Beijing Babaali Technology
• CrossHelmet
• Bell Helmets
• Forcite Helmet Systems
• Intelligent Cranium Helmets
• JARVISH
• Sena Technologies

Q6. Which smart helmet market segment will be the largest in future?

Answer: Lucintel forecasts that full-face will remain the largest segment over the forecast period.

Q7. In smart helmet market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to fast technical breakthroughs, stricter government regulations, and consumers' growing purchasing power.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the smart helmet market by type (full face, half face, and hard hat), component (communication, navigation, camera, and others), end use (consumer, manufacturing, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?