The research study conducted by Report Ocean on the “ Smart Helmet Market ” spans over 100+ pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.
Global Smart Helmet Market is valued approximately at USD 666.9 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 17.0% over the forecast period 2023-2030. A smart helmet is a type of protective headgear used by a rider which makes bike driving safer. Safety is the primary objective of the helmet and this is achieved by utilising cutting-edge features including fall detection, location monitoring, alcohol detection, accident recognition, and hands-free use. This makes it a smart bike feature as well as a smart helmet. The Smart Helmet market is expanding because of factors such as increased adoption of bicycles and motorcycles and rising safety and security concerns. However, rising safety and security concerns and technological advancements in smart wearables. Smart helmets are designed to provide safety and comfort to riders . Its importance has progressively increased during the last few decades.
Request To Download Free Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bw7261
According to a report by the World Health Organization (WHO), almost 1.3 million people die every year globally as a result of road accidents and around 30-40 million people suffer serious injuries that result in life-long disability. Motorcycle helmets are reported to be 37% successful in the reduction of serious accidents to motorcycle riders. Smart helmets are designed to provide safety and comfort to riders. The increasing safety and security concerns along with the technological advancements in smart devices is strengthening the demand for smart helmets across the globe. According to the National Highway Traffic Safety Administration (NHTSA), a department of the U.S. Department of Transportation agency, there were 5,579 motorcycle fatalities and 82,528 motorcycle injuries in 2020. Governments all over the world are mandating the use of helmets due to the rising number of traffic accidents, which is propelling the smart helmet market to substantial growth. In addition, Significant development potential are being created for the smart helmet market by electronic motorcycles and emerging safety measures would create lucrative growth opportunity. However, the high cost of Smart Helmet and hardware and software compatibility issues stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Smart Helmet Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the smart helmet industry in 2022, the U.S. market is relatively mature, and consumers in the U.S. are early adopters of emerging technologies. Additionally, smart helmet also focusing on developing and enhancing their product portfolios in this region. Asia Pacific is expected to fastest growing region during the forecast period owing to factors such as the growing adoption of advanced wearable technology among construction workers is creating significant growth for this region.
Major market players included in this report are:
Nand Logic Corp
Lifebeam Technologies Ltd
Forcite Helmet System Pvt. Ltd
Fusar Technologies Inc.
360fly Inc.
Daqri LLC
Jarvish Inc.
Sena Technologies Inc.
Jager Helmx Smart Helmets.
LIVALL Tech Co., Ltd.
Recent Developments in the Market:
In April 2020, LIVALL, a leading developer of helmet solutions, has unveiled the BH51M Neo, a smartphone-connected cycling safety helmet, for bikers and outdoor enthusiasts. One such innovation is the recently introduced BH51M Neo, a robust, waterproof smart head protection with voice navigation, hands-free operation, smart illumination, an SOS alarm, fall detection, and other features.
In May 2020, To promote passenger and crew health and prepare for emergencies, the Hamad International Airport (HIA), in Qatar, introduced robotics and helmets with built-in thermal screening capabilities.
Global Smart Helmet Market Report Scope:
Historical Data: 2020 – 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Technology, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Full-face
Open-face
Half-head
By Technology:
Integrated Communication System
Integrated Video Camera
Contactless Temperature Measurement
Bluetooth Connectivity
Signal Indicator
Brake Function
Others
By End-User:
Consumer
Industrial
Healthcare
Construction
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?
Growth Hampering Factors in the Market:
- Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
- Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
- Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
- Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
- Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
- Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
- Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
- Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
- Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
Request full Report
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.