Smart Helmets Market Size Worth $3,171.26 Million By 2032 | CAGR: 17.00%

Smart Helmets Market Size Worth $3,171.26 Million By 2032 | CAGR: 17.00%


The global smart helmets market size is expected to reach USD 3,171.26 million by 2032, according to a new study by Polaris Market Research. The report “Smart Helmets Market Share, Size, Trends, Industry Analysis Report, By Type (Full Face, Half Face, Hard Hat); By Component (Communication, Navigation, Camera); By End-use; By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

One of the primary drivers is the growing adoption of advanced wearable technology across various industries. Smart helmets offer a range of features and functionalities that enhance safety, productivity, and communication for users. This has led to their increased acceptance in industries such as construction, manufacturing, mining, and transportation, where worker safety and efficiency are crucial.

Furthermore, governments worldwide have imposed safety regulations and laws that mandate the use of helmets in various activities, such as riding motorcycles and bicycles. These regulations have created a favorable environment for the smart helmet industry, as users seek helmets that not only provide traditional protection but also incorporate advanced features and technologies to enhance safety.

Versatility and adaptability of smart helmets contribute to their growing scope and popularity across industries. They not only provide safety and security but also offer features such as connectivity, real-time data collection, GPS navigation, and augmented reality interfaces. These features enable users to access information, communicate, and perform tasks hands-free, enhancing convenience, efficiency, and overall productivity.

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Smart helmet technology providers are continuously engaged in product innovation and expanding their range of offerings. Sena Technology, which introduced Rumba, a multi-sport Bluetooth helmet, in April 2021. Rumba is designed to cater to the needs of skaters and bicyclists, offering advanced features like a two-way Bluetooth intercom and smartphone connectivity for GPS, phone calls, and music. These strategic product launches contribute significantly to the growth and development of the smart helmet market, ensuring its positive trajectory in the forecast period.

The COVID-19 pandemic initially had a negative impact on the growth of the smart helmet market due to government-imposed lockdowns. However, smart helmets played a crucial role during the pandemic, particularly in the hands of police and health officials. These helmets were equipped with thermal scanning features, enabling quick and accurate temperature checks of large groups of people, thus helping to reduce the spread of the virus. This increased the demand for smart helmets with such capabilities. As the world gradually recovers from the challenges posed by the pandemic, the demand for smart helmets is expected to further increase, driving the growth of the market.

Smart Helmets Market Report Highlights

  • Navigation segment expected to witness steady growth rate, owing to the rise in cross country of the bike riders
  • Full face segment registered significant growth rate, this is primarily due to enhanced safety features
  • Asia Pacific is the fastest growing region, due to presence of people with 2-wheeler and huge un-tapped market
  • The global key market players include Beijing BaBaALi Technology, Crosshelmet, Bell Helmets, Forcite Helmet Systems, Intelligent Cranium Helmets, JARVISH, LIVALL Tech, H&H Sports Protection, Sena Technologies, and Lumos Helmet

Polaris Market Research has segmented the smart helmets market report based on type, component, end use, and region:

Smart Helmets, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Full Face
  • Half Face
  • Hard Hat

Smart Helmets, Component Outlook (Revenue - USD Million, 2019 - 2032)

  • Communication
  • Navigation
  • Camera
  • Others (Audio Systems, Health Monitoring, Lighting, Safety Features)

Smart Helmets, End Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Consumer
  • Manufacturing
  • Construction
  • Others (Healthcare, Mining, Disaster Prevention)

Smart Helmets, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Smart Helmets Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 904.98 million

Revenue forecast in 2032

USD 3,171.26 million

CAGR

17.00% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2024 to 2032

Segments covered

By Type, By Component, By End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Beijing BaBaALi Technology, Crosshelmet, Bell Helmets, Forcite Helmet Systems, Intelligent Cranium Helmets, JARVISH, LIVALL Tech, H&H Sports Protection, Sena Technologies, and Lumos Helmet

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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