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

The Smart Helmets Market was valued at $0.8 billion in 2023. This market is expected to reach $2.3 billion by 2031 from an estimated $0.9 billion in 2024, at a CAGR of 15.4% during the forecast period 2024–2031.

Smart Helmets Market Size & Forecast

The growth of the smart helmets market is driven by stringent road traffic rules and rising safety & security concerns. However, the high prices of smart helmets restrain the growth of this market.

Consumers’ growing inclination toward smart technologies and technological advancements in wearable devices are expected to create growth opportunities for market stakeholders. However, the lack of awareness regarding the importance of helmets is a major challenge impacting market growth.

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Smart Helmets Market Growth Drivers

Stringent Road Traffic Rules Driving the Demand for Smart Helmets

The increasing enforcement of road traffic regulations is a key factor driving the demand for smart helmets. With increasing government focus on road safety, stringent rules, penalties, and awareness campaigns are encouraging riders to adopt safer riding practices. According to the National Highway Traffic Safety Administration (U.S.), as of October 2021, 18 U.S. States and the District of Columbia had helmet laws that required all motorcycle riders to wear a helmet while riding. Moreover, global associations are also focusing on increasing road safety. For instance, in April 2023, the World Health Organization (WHO) launched a new manual for authorities to increase the use of helmets among motorcycle riders. The second edition of the Helmets Manual offers guidance to help leaders implement the laws, regulations, and actions needed to increase the use of safe, quality helmets in order to save lives.

Moreover, many jurisdictions are mandating the incorporation of safety features in helmets, such as emergency SOS, headlights, turn signals, and brake lights. Smart helmets seamlessly integrate such intelligent features, making them a suitable choice for riders. Smart helmets with advanced features are emerging as a compelling solution to meet these new regulatory requirements and enhance overall rider safety. Hence, stringent road traffic rules and growing government efforts to promote road safety are driving the demand for helmets, including smart variants.

Rising Safety & Security Concerns Driving the Smart Helmets Market

The increasing number of road fatalities, accidents, and traffic rule violations are raising road safety concerns, mainly due to risky driving behaviors, including speeding, cutting off other motorists, tailgating vehicles, and drunk driving. According to the World Health Organization (Switzerland), approximately 1.19 million lives are lost each year as a result of road accidents. In addition, more than half of all road traffic deaths are among more vulnerable road users, including pedestrians, cyclists, and motorcyclists. The use of helmets plays a crucial role in road safety and can significantly improve the chances of survival in a crash. Moreover, industries, including manufacturing and construction, are witnessing increased demand for safety helmets due to the growing importance of employee safety. Several key players are focusing on the development of smart helmets with the integration of technologies such as Bluetooth, communication systems, and smart lights.

Head trauma is the leading cause of fatalities in road accidents as well as industrial spaces, and safe, quality helmets reduce the risk of death by over six times and the chances of brain injury by up to 74%. Smart helmets also help reduce road safety concerns by using technology to inform users about traffic conditions through integrated speakers, helping riders navigate through roads, and alerting others through lighting. Hence, the growing need for improved road safety and the increasing importance of employee safety across sectors are increasing the adoption of helmets, including smart variants, driving the growth of this market.

Smart Helmets Market Opportunities

Consumers’ Growing Inclination Toward Smart Technologies Expected to Generate Opportunities for Market Players

Consumers are increasingly adopting smart tech devices due to the convenience, connectivity, and enhanced experiences offered. Several empirical studies have shown that consumers have a positive attitude toward the use of smart technologies due to benefits such as convenience, enhanced safety, and cost & time savings.

Smart helmets, with the combination of safety and smart features, have become a part of this consumer trend, which is creating opportunities for the growth of the smart helmets market. Youngsters are early adopters of smart technologies. Smart helmets offer features such as Bluetooth connectivity, music playback, and voice commands and provide convenience while riding which is expected to further boost the demand for smart helmets during the forecast period.

Smart Helmets Market Analysis: Key Findings

By Type: The Full-face Segment to Dominate the Smart Helmets Market in 2024

Based on type, the smart helmets market is segmented into full-face helmets, open-face helmets, and hard hats. In 2024, the full-face segment is expected to account for the largest share of over 62.0% of the smart helmets market. The segment’s large market share is attributed to the high coverage offered by full-face helmets covering the head, face, and neck. These helmets also protect riders from the wind, dust, and rain.

However, the hard hats segment is projected to record the highest CAGR during the forecast period. The growth of this segment is driven by growing safety concerns in industrial workspaces, the increased adoption of smart hard hats among cyclists, and the growing demand for hard hats across industries, including construction, oil & gas, mining, and manufacturing.

By Technology: The Integrated Communication System Segment to Dominate the Smart Helmets Market in 2024

Based on technology, the smart helmets market is segmented into integrated video cameras, integrated communication systems, Bluetooth systems, integrated navigation systems, and other technologies. In 2024, the integrated communication systems segment is expected to account for the largest share of over 41.0% of the smart helmets market. The segment’s large market share is attributed to the increasing production of helmets with built-in microphones and speakers for communication, the increasing need for military helmets with communication systems to provide crucial information for well-informed and efficient decision-making in military operations and helmet manufacturers’ increasing emphasis on enabling riders to stay connected and entertained during rides.

However, the integrated navigation systems segment is projected to record the highest CAGR during the forecast period. The growth of this segment is driven by the growing use of smart helmets with navigation systems across military, mining, and oil & gas, among other applications to support live tracking, SOS alarm, and fall detection, and the development of smart helmets with GPS technology for hands-free navigation.

By End User: The Consumer Segment to Dominate the Smart Helmets Market in 2024

Based on end user, the smart helmets market is segmented into consumer, industrial, healthcare, construction, military & defense, and other end users. In 2024, the consumer segment is expected to account for the largest share of over 40.0% of the smart helmets market. The segment’s large market share is attributed to the growth in motorsports, rising road safety concerns, increasing road fatalities, and the growing adoption of helmets with smart features such as Bluetooth connectivity, smart lighting, and communication systems among consumers.

Moreover, the consumer segment is also projected to record the highest CAGR during the forecast period. The growth of this segment is driven by automotive manufacturers’ growing focus on the development of smart helmets, the increasing integration of helmet detection systems into motorcycles, and stringent traffic regulations enforced by transport authorities.

Geographic Analysis

North America Dominates the Smart Helmets Market

Based on geography, the smart helmets market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 48.0% of the smart helmets market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The large market share of this segment is attributed to stringent safety regulations for motorcycle riders, the increasing demand for helmets with advanced technologies in the military & defense sector, the increased focus on employee safety in the industrial and construction sectors, the growing consumer demand for smart technologies, the development of smart helmets with HUD technology, and advancements in wearable technologies.

However, Asia-Pacific is expected to record the highest CAGR of over 16.5% during the forecast period due to the growing preference for sports vehicles, rising disposable incomes, increased sales of 2-wheelers, rapid urbanization, market players increasing focus on developing helmets with smartphone connectivity, increased construction activities, and the strong focus on safety and technology adoption in the region.

Smart Helmets Market: Key Companies

The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of 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).

Smart Helmets Industry Overview: Latest Developments from Key Industry Players

• In March 2023, TVS Motor Company (India) launched its new Bluetooth communication devices, S10X & S20X. Both devices feature a mesh-style intercom system that allows for communication between 20 connected riders as far away as 1.2 kilometers. S10X and S20X also allow for mobile GPS navigation, allowing users to keep on riding without ever worrying about getting lost.
• In April 2022, Forcite Helmet Systems Pty Ltd. (Australia) launched the MK1S Smart Helmet, which features an inventive road alert ecosystem that provides riders with alerts for navigation, speed traps, mobile cameras, live traffic conditions, and more via Forcite’s smartphone app.

Smart Helmets Market Research Summary

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