Smart Helmet Market is estimated to be US$ 1926.0 million by 2032; Rising Incidence of Accidental Cases to Foster the Industrial Growth


Smart Helmet is protective headgear used by riders to provide safety, which makes them safer than before. In smart helmets, technology such as a single-board microcontroller (Arduino) with various sensors for detecting motorcyclist’s heartbeats and alcohol is used. Smart helmets have evolved into an intelligent and dependable wearable device that contributes to the safety of drivers and construction workers by detecting accidents immediately and supporting rescue requests in emergency situations.

Rising awareness about safe driving among people has become a major factor in smart helmet market growth. Advanced features of smart helmet such as accident identification, alcohol detection, fall detection, location tracking, and a high level of safety are expected to boost market growth over the forecast period.

The report “Smart Helmet Market, By Type (Half-Face, Full-Face, Hard-Hat), By Component (Camera, Navigation, Communication, and Others), By End-Users (Healthcare, Industrial, Construction, Consumer, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Highlights:

  • In February 2020, Lumos has launched new Smart Helmet “Lumos Matrix” at Apple stores worldwide. Newly launched “Lumos Matrix” has around 1,000 lumens of lighting which make riders visible everywhere they go with use of helmet’s responsive turn signals that indicate direction by button press.
  • In May 2016, BRG Sports and 360fly has announced brand new smart line of helmets in Las Vegas of 2016 Consumer Electronics Show (CES). New product line includes, Bell Moto 9Flex with 360fly, Bell Star with 360fly, Giro Edit with 360fly and Bell Super 2R with 360fly for sports helmet.

Analyst View:

People wanted to see more discipline and safe driving, which resulted in the purchase of more effective smart helmets that provided them with a high level of safety. Rising incidents of accidents, technological advancement, and adoption of smart wearable devices are expected to propel market growth over the forecast period. Furthermore, the use of lightweight materials and parts in the development of smart helmets is highly recommended in order to reduce the weight of the helmet and make it more comfortable for the user, which is expected to boost the growth of the smart helmet market in future.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Smart Helmet Market, By Type (Half-Face, Full-Face, Hard-Hat), By Component (Camera, Navigation, Communication, and Others), By End-Users (Healthcare, Industrial, Construction, Consumer, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Smart-Helmet-Market-5070

Key Market Insights from the report

Smart Helmet Market accounted for US$ 434.9 Million in 2022 and is estimated to be US$ 1926.0 Million by 2032 and is anticipated to register a CAGR of 15.1%. The Smart Helmet Market is segmented based on Type, Component, End-Users, and Region.

  • Based on Type, Smart Helmet Market is segmented into Half-Face, Full-Face, Hard-Hat.
  • Based on Component, Smart Helmet Market is segmented into Camera, Navigation, Communication, and Others.
  • Based on End-Users, Smart Helmet Market is segmented into Healthcare, Industrial, Construction, Consumer, and Others.
  • By Region, the Smart Helmet Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Smart Helmet Market:

The prominent players operating in the Smart Helmet Market includes, Forcite Helmet System Pty. Ltd., Daqri LLC., Nand Logic Corp., LIVALL Tech Co. Ltd.,  Sena Technologies Inc., Fusar Technologies Inc., 360fly Inc., Lifebeam Technologies Ltd., JARVISH Inc., Lumos Helmet World, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

To know more

Contact Us:

Sales

Prophecy Market Insights

  1 860 531 2701

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

Comments

Post a Comment

Popular posts from this blog

Stock Music Market is estimated to be US$ 2.9 billion by 2032; Rise in Individual Content Creators to Fuel Market Growth

Image
  Music has become incredibly important as it elevates mood, helps in reducing stress, relieves symptoms of depression, and also helps in stimulating memories. Stock music is less expensive and has two types: royalty-free stock music, which is of lower costs and covers ongoing royalties and can be used on Facebook, YouTube videos, brand-sponsored content, and Instagram.  The growing adoption of digital technologies with newly launched music platforms has contributed to market growth. High demand for smartphones and the internet has enabled stock music to reach a global market or audience by making it easier to access music for content creators from different cultural backgrounds and regions, which is expected to fruitful the demand for  Stock Music Market  growth.  The report  “ Stock Music Market, By Type (Licensed Stock Music and Royalty-free Stock Music), By Application (Advertising, Gaming, Film Soundtracks, Television & Radio Broadcasts, and Others), By End-Users (Small &a
Read more

Human Machine Interface Market is estimated to be US$ 11.54 billion by 2030 and is anticipated to register a CAGR of 9.8%.

Image
  The report  " Human Machine Interface Market,   By Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI), By Configuration Type (Stand-Alone HMI and Embedded HMI), By End User (Process Industries and Discrete Industries) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)  - Global Forecast to 2029" .  The Human Machine Interface Market size is projected to grow from US$ 3.85 billion in 2018 to US$ 9.48 billion by 2028. The global human machine interface market is expected to register lucrative growth over the forecast period. This is attributed growing need for monitoring of production and responding to the changing demands through enhanced diagnostics is expected to drive the human machine interface market. Furthermore, development in wireless technology have open-up a new avenues for the human machine interface market. Moreover, the technologies li
Read more

Data Analytics Outsourcing Market is estimated to be US$ 19.35 billion by 2030 with a CAGR of 22.1% during the forecast period

Image
  Data Analytics Outsourcing Market accounted for US$ 2.6 billion in 2020 and is estimated to be US$ 19.35 billion by 2030 and is anticipated to register a CAGR of 22.1%  Data analytics outsourcing is a partnership model in which a corporation entrusts its data to a service provider in exchange for intelligent reporting. At the same time, the supplier handles infrastructure setup and support, as well as data management and analysis .   To arrive at a final conclusion, data is extracted and categorised in order to recognise and evaluate data trends. Data analytics outsourcing refers to the acquisition of data analytics services such as data science, data visualisation, data management, and statistical research in order to improve operational efficiency and meet high revenue goals. The report   "  Global Data Analytics Outsourcing Market, By Type (Business Analytics Outsourcing, CRM Analytics Outsourcing, Supply Chain Analytics Outsourcing, Risk Analytics Outsourcing, and Others),
Read more