Press release
Smart Helmet Market to Witness Growth Acceleration During 2022-2028
Smart Helmet Market
Smart helmets are quickly gaining popularity among bicyclists and motorcyclists for enhanced security, safety, and comfort which is likely to drive the smart helmet markets. They are also being broadly used in various sporting events as well as for military and firefighting purposes. Factors such as strict road safety regulations laid down by governments, growing adoption of advanced wearable technology, and awareness regarding personal safety are expected to drive the demand of smart helmet market.
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Companies Profiled in this report includes: 360fly Inc, Babaali, Daqri LLC, Forcite Helmet System Pvt, Fusar Technologies Inc, Jager HelmX Smart Helmets, Jarvish Inc, Lifebeam Technologies Ltd, Nand Logic Corp, Sena Technologies Inc
MARKET DYNAMICS
Rise in focus on minimizing the use of mobile phones while riding has created a major opportunity for the development and commercialization of innovative, feature-rich, and advanced smart helmets. Rising product adoption by bike riders coupled with increasing sales of motorbikes is anticipated to create significant growth opportunities for the smart helmet market in near future. Combination of video recording cameras and advanced sensors, such as optical heart-rate sensors and accelerometers, has allowed users to effectively monitor their vital statistics and surroundings. Also, the high price of smart helmets, high investments in product research and development, concerns regarding vision distraction, and lack of awareness regarding the benefits and safety features are some of the major factors that may hinder growth of smart helmet market over the forecast period.
MARKET SEGMENTATION
The global Smart Helmet market is segmented on the basis of product range, and application. On the basis of product range, market is segmented as Cloud, and On-Premise. On the basis of application, market is segmented as BFSI, Government, Energy and Utility, Healthcare, IT and Telecom, Manufacturing, Retail, others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Helmet market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Smart Helmet market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Smart Helmet market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Smart Helmet market in these regions. Business and customer base of market players. The market players from Smart Helmet market are anticipated
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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