openPR Logo
Press release

Global Smart Helmet Market to Reach US$ 2603.53 Mn by 2029 with 19.41% CAGR - Babaali Leads Innovation

05-30-2024 09:44 AM CET | Advertising, Media Consulting, Marketing Research


Global Smart Helmet Market

Global Smart Helmet Market

The Smart Helmet Market experienced significant growth in recent years, with a valuation of US$ 752.10 million in 2022. This growth trajectory is expected to continue, with forecasts indicating a substantial increase to US$ 2603.53 million by 2029, representing a notable compound annual growth rate (CAGR) of 19.41% during the forecast period of 2023-2029. This growth can be attributed to several factors, including the increasing focus on safety and the adoption of advanced technologies in various industries such as construction, manufacturing, and sports. Smart helmets offer a range of features, including communication capabilities, health monitoring, and augmented reality (AR) displays, making them a valuable asset for enhancing safety and efficiency in diverse environments. The market is expected to witness further expansion as technological advancements continue to drive innovation in smart helmet design and functionality.

Global Smart Helmet Market Report Scope and Research Methodology:

The Global Smart Helmet Market Report provides a comprehensive analysis of the market size, trends, growth drivers, and challenges. It offers insights into the competitive landscape, key players, and their strategies. The report covers various segments, including product types, applications, and geographic regions, to provide a holistic view of the market. The research methodology includes primary and secondary research, ensuring the accuracy and reliability of the data and analysis. The report aims to help stakeholders, including manufacturers, investors, and policymakers, make informed decisions and formulate effective strategies in the rapidly evolving smart helmet market landscape.

Get your Free Global Smart Helmet Marketsample Link:

Global Smart Helmet Market Dynamics:

The global smart helmet market is driven by increasing safety and security concerns, coupled with technological advancements in smart devices. Smart helmets, equipped with sensors and additional mounted devices such as GPS guidelines and in-built headphones, are experiencing rising demand not only from industrial workers and firefighters but also from motorcyclists and bicyclists. This trend is fueled by the alarming rate of head injuries among motorcyclists, where motorcycles are considered a convenient mode of transportation. The increasing production of motorcycles and the resulting rise in accidental deaths due to head injuries are expected to further boost the demand for smart helmets worldwide.

However, the market growth may face hindrances due to the high cost associated with smart helmets and a lack of awareness regarding their benefits, especially in developing countries. These factors could pose challenges to the widespread adoption of smart helmets over the next few years.

Inquiry before Purches Report:

Global Smart Helmet Market Regional Insight:

The global smart helmet market is segmented into several key regions, including North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America currently leads the global market, holding a significant market share over the forecast period. The region's leadership is attributed to its fast adoption of technology and stringent safety standards, such as those set by the Occupational Safety and Health Administration (OSHA) and regulations regarding Personal Protective Equipment (PPE) in the workplace, mandated by the U.S. government. These factors are driving the market growth in North America.

Following North America, Europe is expected to exhibit substantial market share over the forecast period. The region is known for its early adoption of emerging technologies, contributing to the growth of the smart helmet market.

Meanwhile, Asia Pacific is anticipated to emerge as the fastest-growing regional market for smart helmets. Factors such as the increasing sales of two-wheelers, rapid urbanization in developing economies like India and China, and the growing manufacturing sector in the region are expected to drive market growth. These factors collectively create a conducive environment for the adoption of smart helmets, thereby boosting the market in Asia Pacific over the forecast period.

Global Smart Helmet MarketSegmentation:

by Type

Full helmet
Half Helmet

by Application


by Technology

Integrated Video Camera
Bluetooth Intercom Technology
Turn Signal Indicators & Brake Function
Music Technology

In terms of types, the smart helmet market is classified into full helmet and half helmet. The full helmet segment accounted for 55% of the market share in 2022 and is expected to maintain its dominance over the forecast period. This is primarily due to the increasing penetration and adoption of smart helmets by bike riders. Moreover, the growing use of these helmets in adventure sports is also expected to drive their adoption in the coming years.

Regarding end-users, the consumer segment is expected to hold a 35% market share over the forecast period. This growth can be attributed to the rising safety concerns among consumers, coupled with the increasing sales of two-wheelers. Smart helmets are considered an effective safety technology that enhances situational awareness and road safety. In the consumer segment, smart helmets are gaining popularity due to their integrated communication systems, real-time navigation features, and enhanced safety measures.

Following the consumer segment, the construction industry is another key end-user segment driving the global smart helmet market. The adoption of smart helmet technology in construction is bolstering market growth. These helmets are equipped with a 360-degree wireless camera, providing workers with a full view of their surroundings, thus enhancing safety on construction sites.

Request for sample here:

Global Smart Helmet Market Key Players:

2.Bell Helmets
4.Forcite Helmet Systems
5.Livall Tech Co,Ltd.
7.Nand Logic
9.Sena Technologies
10.Lifebeam Technologies Ltd.
11.360fly Inc.
12.Fusar Technologies Inc.
13.Daqri LLC
15.JagerHelmX Smart Helmets.
16.Qwake Tech Inc.

For more information about this report visit:

Table of content for the Smart Helmet Market includes:

Global Smart Helmet Market : Research Methodology
Global Smart Helmet Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Smart Helmet Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
Regulatory Landscape by region
North America
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:

Past Market Size and Competitive Landscape
Smart Helmet Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Smart Helmet Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Explore our top-performing reports on the latest trends:

Traction Elevators Market

Adeno Associated Virus Vector Manufacturing Market

RAN analytics and Monitoring Market

Bakery and Cereal Market

Remote Car Starter Market

Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India


Phone No.: +91 96071 95908, +91 9607365656


Maximize Market Research is a dynamic market research and consulting firm staffed by professionals from various industries. Our expertise spans across sectors such as medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems. We offer a comprehensive suite of services including market-verified industry forecasts, technical trend analysis, vital market research, strategic consulting, competitive analysis, production and demand studies, and customer impact assessments. Our goal is to provide insightful and actionable data to help businesses make informed decisions.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Smart Helmet Market to Reach US$ 2603.53 Mn by 2029 with 19.41% CAGR - Babaali Leads Innovation here

News-ID: 3519339 • Views:


Lithium Metal Market Projection: USD 7723.7 Million by 2029, Alpha-En Corporation in Focus
Lithium Metal Market Projection: USD 7723.7 Million by 2029, Alpha-En Corporatio …
Anticipated Growth in Revenue: Lithium Metal Market size was valued at USD 2071.5 Million in 2022 and the total Lithium Metal Market revenue is expected to grow at a CAGR of 20.7% from 2023 to 2029, reaching nearly USD 7723.7 Million. Lithium Metal Market Overview: In the realm of the lithium metal market, the substance stands as a pivotal element renowned for its lightweight and highly reactive nature. Its significance is underscored
Global Coordinate Measuring Machine Market (CMM) Projection: CAGR 8.3% (2029), Faro Technologies in Focus
Global Coordinate Measuring Machine Market (CMM) Projection: CAGR 8.3% (2029), F …
Anticipated Growth in Revenue: Coordinate Measuring Machine Market (CMM) size is expected to reach nearly US$ 6.26 Bn by 2029 with the CAGR of 8.3% during the forecast period. Global Coordinate Measuring Machine Market (CMM) Overview: The Global Coordinate Measuring Machine (CMM) Market report provides an in-depth analysis of the impact of the COVID-19 lockdown on market leaders, followers, and disruptors. The lockdown measures were implemented differently across regions and countries, resulting
Global Industrial Parts Washer Market Projected to Reach USD 38.85 Bn by 2029, Ecoclean Group Tops
Global Industrial Parts Washer Market Projected to Reach USD 38.85 Bn by 2029, E …
Anticipated Growth in Revenue: Industrial Parts Washer Market is anticipated to reach US$ 38.85 Bn by 2029 from US$ 25.84 Bn in 2022 at a CAGR of 6% during a forecast period. Global Industrial Parts Washer Market Overview: The Global Industrial Parts Washer Market presents a robust overview, driven by the essential role these washers play in removing contaminants such as carbon, paint, ink, metal chips, dirt, oil, corrosion, and grease from
Global Military Vehicle Electrification Market Revenue to Reach USD 13.05 Bn by 2029, Key Players Include Ballard Power Systems and General Dynamics
Global Military Vehicle Electrification Market Revenue to Reach USD 13.05 Bn by …
Anticipated Growth in Revenue: Military Vehicle Electrification Market size was valued at US$ 5.72 Bn. in 2022 and the total revenue is expected to grow at 12.5 % through 2023 to 2029, reaching nearly US$ 13.05 Bn. Global Military Vehicle Electrification Market Overview: The global defense sector encompasses over 8 million ground vehicles valued at more than USD 200 billion. Growing concerns about the environmental impact of these vehicles have led to

All 5 Releases

More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as