Smart Helmets Market Revenue To Beat $1.2 Billion By 2025 “The global smart helmets market size is projected to reach USD 1.2 billion by 2025, growing at a CAGR of 18.6% during the forecast period from 2019 to 2025. Increasing adoption of smart helmets across various applications such as construction, manufacturing, riding and adventure sports is a key factor to drive the market growth.”
The Global Smart Helmets Market Report offers details on current and future growth trends pertaining to the business besides information on numerous regions across the geographical landscape of the Smart Helmets Market. The study includes global, regional, and country-level market size, shares, growth rate analysis (include the causes of highest and lowest peak industry analysis), product launches, latest trends, the impact of covid19 on worldwide. Smart Helmets Market Research Methodology overview consists of primary and secondary research, company share analysis, model (including Demographic data, Macroeconomic indicators, and Industry indicators i.e. Expenditure, infrastructure, sector growth, and facilities, etc), Research Limitations, and Revenue Based Modelling. Comprehensive analysis of Smart Helmets Market based on current & future analysis depending on historic data also featured in this Report. The global smart helmets market size is projected to reach USD 1.2 billion by 2025, growing at a CAGR of 18.6% during the forecast period from 2019 to 2025. Increasing adoption of smart helmets across various applications such as construction, manufacturing, riding and adventure sports is a key factor to drive the market growth. Smart helmets provide comfort, security and enhance safety. Rising adoption of smart wearable devices, road safety regulations and stringent workplace safety by governments across the globe coupled with increasing awareness about personal safety regulations is anticipated to drive the market growth in the near future. Smart helmets comprise multiple sensors and perform various functions like air quality monitoring, temperature monitoring and heart rate monitoring. The sensors help to collect data in real-time and enable users to access data about navigation, environmental & health attributes and various interactions.
Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-smart-helmet-market/request-sample
Navigation feature plays an important role in smart helmets. It helps to get highly accurate navigation by several satellite networks like Global Positioning System (GPS), Galileo Positioning System, Indian Regional Navigation Satellite System (IRNSS), Navigation Satellite System (GLONASS), and BeiDou Navigation Satellite System. Smart helmets also help to provide utility, communication and safety features by using microphones, built-in speakers, cooling fans, health monitoring sensors, solar chargers, and rear-facing cameras. In addition, manufacturers are engaged in developing lightweight helmets with high strength. Growing adoption of new technologies such as Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) is expected to propel the demand for smart helmets. Factors like development of wireless communication, strict road safety norms, and growth in production of the motorcycle are anticipated to surge the smart helmet market growth in developing regions.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-smart-helmet-market
Further key findings from the report suggest: • Navigation segment is projected to have fastest growth over the forecast period due to rising adoption of smart helmet by bike riders for cross country and in-country navigation. • Full face segment is estimated to grow at CAGR of more than 18.0% over the forecast period. This growth is attributed to rising adoption of full face helmet for superior safety by cycle commuters and motorcycle. • Asia Pacific is projected to grow with fastest CAGR during the forecast period due to construction and industrial projects and increasing sales of two-wheelers.
• Consumer end-use is expected to have substantial growth during the forecast period due to rising adoption of smart helmets in Europe and North America. 2-wheelers are adopting these helmets to commute due to heavy traffic, which is expected to drive the market growth. • The major players include in this market are Sena Technologies Inc.; Forcite Helmet System Pvt. Ltd.; Babaali; Fusar Technologies Inc.; Lifebeam Technologies Ltd.; 360fly Inc.; JagerHelmX Smart HelmetsDaqri LLC; Nand Logic Corp.; and Jarvish Inc.
Million Insights has segmented the global smart helmets market on the basis of type, component, end use and region: Smart Helmet Type Outlook (Revenue, USD Million, 2017 - 2025) • Full Face • Half Face • Hard Hat Smart Helmet Component Outlook (Revenue, USD Million, 2017 - 2025) • Communication • Navigation • Camera • Others Smart Helmet End Use Outlook (Revenue, USD Million, 2017 - 2025) • Consumer • Manufacturing • Construction • Others Smart Helmet Regional Outlook (Revenue, USD Million, 2017 - 2025) • North America
• U.S. • Canada • Europe • U.K. • Germany • Asia Pacific • China • India • Japan • Latin America • Brazil • Middle East & Africa Table of Contents:Chapter 1 Methodology and Scope Chapter 2 Executive Summary Chapter 3 Smart Helmets: Market Variables, Trends & Scope Chapter 4 Smart Helmets: Product Estimates & Trend Analysis Chapter 5 Smart Helmets: Application Estimates & Trend Analysis Chapter 6 Smart Helmets: End-use Estimates & Trend Analysis Chapter 7 Smart Helmets: Industrial End-use Estimates & Trend Analysis Chapter 8 Smart Helmets: Regional Estimates & Trend Analysis Chapter 9 Competitive Landscape Chapter 10 Smart Helmets: Manufacturers Company Profiles
See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/computing-and-technology
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.
Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com
Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose, CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com
Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892