The Smart Helmet Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Smart Helmet market are 360fly Inc., Babaali, Daqri LLC, Forcite Helmet System Pvt. Ltd., Fusar Technologies Inc., JagerHelmX Smart Helmets, Jarvish Inc., Lifebeam Technologies Ltd., Nand Logic Corp, and Sena Technologies Inc. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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Market Dynamics
The increasing concerns regarding safety and security for the motorcyclist and worker at across various industries, as smart helmets provide technical guidelines, is strengthening the demand of smart helmets market. Additionally, the rising number of accidental deaths by head injuries is further pushing the market growth. On the flip side, the high cost of smart helmets hinders the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of smart helmet.
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Market Segmentation
The study offers a decisive view of the global smart helmet market by segmenting it in terms of product, accessories, and end-user. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Product
· Full Helmet
· Half Helmet
· Smart Hard Hat
By Accessories
· Motorcycle Bluetooth Communication System
· Motorcycle Bluetooth HD Cameras
By End-User
· Cycling
· Motorcycling
· Construction Sector
· Industrial Sector
Regional Analysis
This section covers Smart Helmet market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global smart helmet market along with the individual application segment across all the prominent region.
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The global smart helmet market size is expected to reach USD 1.20 billion by 2025, expanding at a CAGR of 18.6% from 2019 to 2025, according to a new study by Radiant Insights, Inc.
These protective headgears provide users with enhanced safety, security, and comfort.
Satellite aided navigation is one of the most vital features offered by smart helmets.
It enables highly accurate navigation capability by using multiple satellite networks such as Global Navigation Satellite System (GLONASS), Global Positioning System (GPS), Galileo Positioning System, BeiDou Navigation Satellite System, and Indian Regional Navigation Satellite System (IRNSS).
Further key findings from the study suggest: • Navigation segment is expected to emerge as the fastest-growing segment over the forecast period owing to the increasing adoption of smart helmets by bike riders for in-country and cross-country navigation • Full face segment is expected to expand at the highest CAGR of 18.8% over the forecast period.
Increased adoption of full face smart helmets by motorcycle and cycle commuters due to superior safety features is expected to drive the growth • Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period owing to the increasing sales of two-wheelers and rapidly growing industrial and construction projects • Consumer end use segment is expected to gain traction over the forecast period owing to increasing adoption of smart helmets in developed regions such as North America and Europe.
The global smart helmet market size is expected to reach USD 1.20 billion by 2025, expanding at a CAGR of 18.6% from 2019 to 2025, according to a new study by Radiant Insights, Inc.
These protective headgears provide users with enhanced safety, security, and comfort.
Download a Free Sample Report @ https://www.radiantinsights.com/research/smart-helmet-market/request-sample Satellite aided navigation is one of the most vital features offered by smart helmets.
It enables highly accurate navigation capability by using multiple satellite networks such as Global Navigation Satellite System (GLONASS), Global Positioning System (GPS), Galileo Positioning System, BeiDou Navigation Satellite System, and Indian Regional Navigation Satellite System (IRNSS).
Further key findings from the study suggest: • Navigation segment is expected to emerge as the fastest-growing segment over the forecast period owing to the increasing adoption of smart helmets by bike riders for in-country and cross-country navigation • Full face segment is expected to expand at the highest CAGR of 18.8% over the forecast period.
Increased adoption of full face smart helmets by motorcycle and cycle commuters due to superior safety features is expected to drive the growth • Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period owing to the increasing sales of two-wheelers and rapidly growing industrial and construction projects • Consumer end use segment is expected to gain traction over the forecast period owing to increasing adoption of smart helmets in developed regions such as North America and Europe.
The new report by Expert Market Research titled, ‘Global Smart Helmet Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global smart helmet market, assessing the market based on its segments like type, component, end-use, and major regions.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/smart-helmet-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Historical Market Size (2020): USD 439.6 MillionForecast CAGR (2021-2026): 18.3%Increasing urbanisation and rising disposable incomes around the world are driving the market demand.
Also, governments enforcing stringent road safety rules are also expected to drive the industry forward.
In the coming years, rising developments and technological advances in the industry are expected to drive the market.Industry Definition and Major SegmentsSmart helmets have features that provide the user with a high degree of protection by offering details about the environment.
It also allows the user to use their voice to control their phone's applications.On the basis of type, the smart helmet industry is segmented into:Full FaceHalf FaceHard HatBy component, the smart helmet market can be divided into:CommunicationNavigationCameraOthersThe smart helmet market can be categorised based on end-use into:Cycling and MotorcyclingIndustrialConstructionOthersRegionally, the smart helmet industry is classified into:North AmericaLatin AmericaEuropeMiddle East and AfricaExplore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/smart-helmet-marketMarket TrendsDue to their powerful and creative R capabilities, companies like Sena Technologies Inc., Fusar Technologies Inc., and Daqri LLC have gained significant market share.
These businesses are primarily focused on product innovations and the establishment of a global network of partners in countries such as the United States, India, China, and Brazil.Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours.
