Global Smart Helmet Market 2017-2021

This industry research report identifies Babaali, Bell Helmets, DAQRI, Forcite Helmet Systems, JARVISH, LIVALL, LUMOS HELMET, Nand Logic, Nexsys, and Sena Technologies as the key vendors in the global smart helmet market. This industry research report also presents a comprehensive analysis of the market by end user (motorcycle and bicycle, industrial, and firefighting) and by geography (the Americas, APAC, and EMEA).

Overview of the global smart helmet market

Technavio’s market study identifies the increase in number of accidents to be one of the primary growth factors for the smart helmet market. There is a signficant increase in the number of bicycle production and bicycle activities across the globe. This will increase the demand for smart helmets since they provide outdoor recreational enthusiasts protection and additional information through incorporated sensors. Sensors integrated in the helmet provides data regarding the immediate surrounding along the pathway to prevent accidents and collisions. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 16% by 2021.

Smart wearables are devices connected to the Internet that are worn on the body as an accessory and as a part of clothing. Smart wearables facilitate data sharing between network and device, and consists of smart glasses, smart helmets, smart watches, smart rings, smart bands, and smart clothing. Consumers are increasingly adopting smart helmets as protection in outdoor recreational activities. These helmets are embedded with sensors that detect and collect data from the user and provide biometric data on muscle activity, breathing rate, and heart activity. According to this industry research report, the augmented usage of smart wearables will be one of the key trends that will gain traction in the smart helmet market during the next few years.

Competitive landscape and key vendors

The smart helmet market is concentrated with the presence of a limited number of vendors who offer specialized set of products. The competition among the smart helmet manufacturers will intensify due to significant investments in R&D by vendors, product innovation, and new product development. Vendors are also engaging in strategic partnerships to develop innovative products with enhanced features. To attain a competitive advantage, the vendors are focusing on offering smart helmets for a wide range of applications.

The leading vendors in the market are

• Babaali
• Bell Helmets
• DAQRI
• Forcite Helmet Systems
• JARVISH
• LIVALL
• LUMOS HELMET
• Nand Logic
• Nexsys
• Sena Technologies

The other prominent vendors in the market are FUSAR, GE, Honeywell, and Qwake.

Segmentation by end user and analysis of the smart helmet market

• Motorcycle and bicycle
• Industrial
• Firefighting

Motorcycle and bicycle users are increasingly adopting smart helmets as protection against accidents and collisions. The increase in outdoor recreation activities such as off-road and on-road cycling, and motorcycling, and growing motorcycle production will contribute to the growth of this market in the motorcycle and bicycle segment.

Geographical segmentation and analysis of the smart helmet market

• Americas
• APAC
• EMEA

The American countries, primarily the US and Canada, witness an increase in the participation of motorcyclists in off-road recreational activities and a high adoption of smart helmets by firefighters. Additionally, the growth of the end-user industries and the increasing incorporation of IoT applications, will also contribute to the growth of the smart helmet market in the Americas.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global smart helmet market?
• What are the key market trends impacting the growth of the global smart helmet market?
• What are the challenges to market growth?
• Who are the key vendors in the global smart helmet market?
• What are the market opportunities and threats faced by the vendors in the global smart helmet market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global smart helmet market?

Technavio also offers customization on reports based on specific client requirement.