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Redding, California - October 4, 2024

Smart Helmets Market to Reach $2.3 Billion by 2031

Smart Helmets Market Size, Share, Forecast, & Trends Analysis by Type (Full-face, Open-face, Hard Hat), Technology (Integrated Communication System, Bluetooth System, Others), End User (Consumer, Industrial, Others) - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled ‘Smart Helmets Market—Global Opportunity Analysis and Industry Forecasts (2024-2031).’ According to this latest publication from Meticulous Research^®, the smart helmets market is expected to reach $2.3 billion by 2031, at a CAGR of 15.4% from 2024 to 2031.

Stringent road traffic rules and safety & security concerns are driving the smart helmets market. However, market growth is restrained by the high prices of smart helmets.

In addition, the growing consumer inclination toward smart technology and technological advances in wearable devices are expected to generate growth opportunities for market players. The low awareness about the safety of helmets is a major challenge in this market.

Key Players:

The smart helmets market is moderately competitive due to the presence of many large and small global, regional, and local players. The key players operating in the smart helmets market are Sena Technologies, Inc. (U.S.), Feher Helmet (Germany), Crosshelmet (Japan), Nexsys. Co., Ltd. (South Korea), H&H Sports Protection USA, Inc. (U.S.), LIVALL Tech Co., Ltd. (China), Intelligent Cranium Helmets LLC (U.S.), Forcite Helmet Systems Pty Ltd. (Australia), NEXX North America (U.S.), Steelbird Hi-Tech India Ltd. (India), STUDDS Accessories Limited (India), Lumos Labs Pte. Ltd. (Hong Kong), JARVISH (Taiwan), TVS Motor Company (India), Headkayse Ltd. (U.K.), HJC AMERICA, INC. (U.S.), and SHOEI Co., Ltd. (Japan).

The smart helmets market is segmented based on type, technology, and end user. The report also evaluates industry competitors and analyzes the smart helmets market at the regional and country levels.

Among the smart helmet types studied in this report, in 2024, the full-face segment is anticipated to dominate the smart helmets market, with a share of over 62.0%. The high coverage offered by full-face helmets and their ability to protect riders and the integrated technology components from environmental factors such as dust, rain, and wind are factors contributing to the segment’s dominant position in the smart helmets market.

Among the technologies studied in this report, in 2024, the integrated communication systems segment is anticipated to dominate the smart helmets market, with a share of over 41.0%. The rise in the manufacturing of helmets with built-in microphones and speakers, the rising demand for military helmets with communication systems for well-informed and efficient decision-making in military applications, and the growing emphasis of manufacturers on allowing riders to stay connected & entertained on rides are factors contributing to the segment’s dominant position in the smart helmets market.

Among the end users studied in this report, in 2024, the consumer segment is anticipated to dominate the smart helmets market, with a share of over 40.0%. The rapid growth in motorsports events, rising road safety concerns, rising road fatalities, and the growing adoption of helmets with smart features among consumers are factors contributing to the segment’s dominant position in the smart helmets market.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of the smart helmets market in North America (U.S. and Canada), Europe (U.K., Germany, France, Italy, Spain, Sweden, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Australia, Malaysia, and Rest of Asia-Pacific), Latin America (Mexico, Brazil, and Rest of Latin America), and the Middle East & Africa (UAE, Israel, and Rest of Middle East & Africa).

Among the geographies studied in this report, in 2024, North America is anticipated to dominate the smart helmets market, with a share of over 48.0%. Stringent safety regulations for motorcycle riders, the increased demand for helmets having advanced features in the military sector, the increased focus of industrial and construction businesses on employee safety, strong consumer demand for smart technology, the introduction of smart helmets featuring HUD technology, and rapid advances in wearable technology are factors contributing to the region’s dominant position in the smart helmets market.

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6012

Key Questions Answered in the Report:

What is the revenue generated from the sales of smart helmets?
At what rate is the global demand for smart helmets projected to grow for the next five to seven years?
What is the historical market size and growth rate for the smart helmets market?
What are the major factors impacting the growth of this market at the global and regional levels?
What are the major opportunities for existing players and new entrants in the market?
Which type, technology, and end-user segments are expected to create major traction for the manufacturers in this market?
What are the key geographic trends in this market? Which regions/countries are expected to offer significant growth opportunities for the organizations operating in the smart helmets market?
Who are the major players in the smart helmets market? What are their specific offerings in this market?
What are the recent key developments in the smart helmets market? What are the impacts of these strategic developments on the market?

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Redding, California - October 4, 2024

Smart Helmets Market to Reach $2.3 Billion by 2031

Smart Helmets Market Size, Share, Forecast, & Trends Analysis by Type (Full-face, Open-face, Hard Hat), Technology (Integrated Communication System, Bluetooth System, Others), End User (Consumer, Industrial, Others) - Global Forecast to 2031

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