Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Global smart helmet market estimated to captures the market due to technology advancement and security concerns for the users
The global smart helmet market expected to grow with a significant rate over the forecast period, 2020-2027. Due to the increasing demand for smart helmets in automation, construction, and industrial purposes, which provide heightened security protection from a fatal accident on roads and construction sites. Additionally, the growing adoption of the smart helmet in developed nations, and the surge in demand for safety and protection against accidents of cyclists, motorcyclists, and workers working on constructional sites across the globe will accelerate the growth of the global smart helmet market.
Smart helmets are manufacture by advanced carbon fiber and fiberglass technology, light in weight, and provide thin layers in a helmet, which becomes hard when the user hits the ground and thus, provides safety from a head injury. Adoption of smart helmets will increase the demand due to 360-degree full view wireless camera fitted on the helmet allowing full view of the surrounding.
Smart helmet manufacturers are keeping in mind the personal security and safety features such as in-built Bluetooth, and cell phone charger, GPS facility, intercom technology, turn scale indicator, brake function, and music technology.
Product type Overview in the Global smart helmet Market
Based on the product, the global smart helmet market bifurcated into the full-face helmet and half Face helmet. The full-face helmet expected to lead the market, due to its benefits such as embedded master control design, open speaker sound, and stable stereo sound, one-touch answer facility helps in attracting the consumers looking for a safer mountain trekking and any other sports.
Application Overview in the Global smart helmet Market
Based on the application, the global smart helmet classified into industrial, constructional, and automation. Automation application features are likely to witness a higher demand in the market. On account of the drunken and driven detection system, a fingerprint authentication system prevent theft. The smart helmet helps in warning the rider when there is a hazard on the road ahead. Additionally, the smart helmet used for industrial purposes, where action cameras and GPS navigation systems in fitted in it for the safety of firefighters and workers.
Regional Overview in the Global smart helmet Market
By geography, the global smart helmet Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America anticipated to dominate the market owing to the rising concern for the safety of the workers, and other users, along with countries like the USA, have started investing in the smart, lightweight helmet, which will capture the large share of the market in the future.
Global Smart Helmet Market:
Competitive Landscape
Companies such as Nand Logic Corp., LifeBEAM Technologies Ltd., 360fly Inc., FUSAR Technologies Inc., Forcite Helmet System Pvt. Ltd., DAQRI LLC, Sena Technologies Inc., JARVISH Inc., Jager HelmX Smart Helmets, BABAALI and other prominent players in the global smart helmet market.