Smart Helmet Market Size, Share & Industry Analysis, By Type (Full-face, Open-face, and Half-head), By Technology (Integrated Communication System, Integrated Video Camera, Contactless Temperature Measurement, Bluetooth Connectivity, Signal Indicator and Brake Type, and Others), By End-user (Consumer, Industrial, Healthcare, and Construction), and Regional Forecast, 2024-2032

The global smart helmet market size was valued at USD 672.2 million in 2023. The market is projected to be worth USD 779.1 million in 2024 and reach USD 2,641.9 million by 2032, exhibiting a CAGR of 16.5% during the forecast period (2024-2032). The U.S. smart helmet Market is anticipated to grow significantly, reaching an estimated value of USD 298.9 million by 2032, driven by Stringent Government Rules and Safety Regulations.

Smart helmets enhance individuals' safety when using automobiles or working on construction sites. These helmets incorporate advanced features such as GPS, map navigation, health monitoring (including skin temperature monitoring), sensor data collection, humidity air quality checks, live streaming cameras, and connectivity with other devices. Market leaders are introducing innovative solutions with exclusive features. For instance,

Smart helmet technology providers are investing heavily in research and development activities to expand their respective product portfolios and develop innovative products. The new product launch is specifically aimed at increasing the efficiency of smart helmets and providing a better customer experience. Traffic accidents are a major public safety problem and a leading cause of disability and death worldwide. According to the World Health Organization (WHO), approximately 1.2 million people die each year in road accidents. The most common causes of motorcycle accidents were speeding, alcohol and drug impairment, distracted driving, and improper lane use. Due to the increase in road accidents, governments across the globe are mandating the use of helmets, creating significant growth opportunities for the smart helmet industry.

The COVID-19 pandemic presents many challenges for helmet manufacturers, particularly those who rely on staff whose jobs cannot be carried out remotely. Approximately 80% of manufacturers anticipate the pandemic to have direct economic consequences on their companies, according to a new report published by the National Association of Manufacturers (NAM) in March 2020. The productivity disruption triggered by COVID-19 has severe operational, social, and financial implications. This obliges market companies to reconsider crisis control and backup measures, workplace protection procedures, and innovative operating methods simultaneously.

Smart Helmet Market Trends

Technological Advancement in Wearable Devices is Trending in the Market

Smart helmets have sensors and other mounted tools that capture data and details and assist people. They are primarily used by construction workers and firefighters, aside from motorcyclists and bicyclists. These helmets are made up of video cameras and GPS mapping devices that assist users. These helmets may be wired to the internet for various tasks, such as traffic monitoring, GPS navigation, built-in headphones, and a heart rate monitor. It features a durable inner coating reinforced during an accidental scenario. It is built to include full protective precautions, including delivering an instant alert to friends and relatives in critical situations with a simple button click. Thus, the aforementioned factors are expected to fuel the market throughout the forecast period.

Smart Helmet Market Growth Factors

Stringent Government Rules and Safety Regulations to Drive Market Growth

Motorcycles or bicycles are lesser safe than cars in case of an accident. The helmet's goal is to minimize the likelihood of severe head and brain trauma by force or head injury. Policy improvements to reduce road traffic accidents during the last few years differ significantly across various areas and countries. Wearing a motorcycle helmet will minimize the risk of death by almost 40% and the risk of serious injury by more than 70%. The effectiveness of motorcycle helmets in reducing head trauma is partially attributed to the quality of the helmets. Requiring helmets to conform to an accepted protection requirement is necessary to ensure that helmets can minimize the risk of a head injury in case of an accident. In turn, expanded policy legislation to encourage the use of helmets for safeguards has also provided a range of incentives for helmet suppliers to produce advanced helmets.

According to a study published by the Global Road Safety Report 2018, traffic deaths increased to 1.35 million in 2016. Head injuries caused by road traffic accidents are also the leading cause of death for children and young adults aged 5–29. This has further elevated the need to change the national helmet policy. According to the census of 2017, 33% of road deaths in India include people driving motorcycles without a helmet. In compliance with Section 129 of the Motor Vehicle Act 1989, headgear safety is mandatory. In violation of section 129 of the Motor Vehicle Amendment Act, the penalty for failure to wear a casket is payable with a three-month suspension of the driver's license under Section 194D of the Modification Act 2019.

RESTRAINING FACTORS

High Cost Associated with these Helmets to Hinder Market Growth

Relatively high production costs associated with designing advanced helmets are the key factors impeding this market's growth. These devices incorporate night vision goggles, head-up screens, communication, and video camera unit that are very expensive relative to other helmets. Moreover, hardware and software compatibility issues are significant factors restraining key manufacturers and software developers from launching efficient solutions.

Smart Helmet Market Segmentation Analysis

By Type Analysis

Full-Face Helmet to Register Strong Growth due to its Safety Features

The market is segmented based on type into full-face, open-face, and half-head.

The full-face helmet segment accounted for the largest smart helmet market share and is expected to continue its dominance over the forecast period. Wearing a full-face helmet lets users keep their heads safe from road hazards or accidents. With its articulating face mask, the full-face helmet helps prevent the wind and dirt from touching your eyes and potentially obstructing the view. The open-face helmet is expected to grow at the highest CAGR during the forecast period. The growth of the open-face helmet segment is mainly attributed to its increased usage among riders and bicyclists due to better visibility and flexibility.

By Technology Analysis

The Integrated Communication System Segment Dominated the Market in 2022 due to its Voice Control Feature.

The market is segmented based on technology into integrated communication systems, integrated video cameras, contactless temperature measurement, Bluetooth connectivity, signal indicator and brake type, and others.

Smart helmets incorporate an Integrated Communication System (ICS) that allows nearly all types and applications to be controlled via voice order. This ensures that anytime someone connects a phone to a helmet device, they can perform several hands-free types simply by talking to the operator through the helmet microphone, such as finding directions, making calls, and others.

The contactless temperature measurement segment is expected to grow at the highest CAGR during the forecast period. Smart head-covering devices integrated with thermal imaging solutions offer many advantages and enable governments and healthcare authorities to check elevated body temperatures and better mitigate the spread of coronavirus. For instance, in May 2020, the Hamad International Airport (HIA), Qatar, implemented helmets with built-in thermal screening capabilities and robotics to improve passenger and employee health readiness for post-COVID-19 travel.

By End-user Analysis

Healthcare Industry to Witness Widespread Adoption of Smart Helmets Amid COVID-19 Pandemic

The market is divided into consumer, industrial, healthcare, and construction based on end-user.

The consumer segment accounted for a significant share in 2022 and is expected to dominate during the forecast period. This segment's growth is mainly due to the increased road fatalities, growing safety concerns, and rise in sales of two-wheelers.

The adoption of advanced helmets in the healthcare industry will be high during the forecast period. Governments and public authorities are adopting advanced technologies and applying best practices to strengthen the fight against COVID-19. Chinese, the UAE and Italian authorities have also adopted fast-screening fever detector helmets. Representing the next wave of thermal imaging cameras and helping to shorten waiting times and potentially screen body temperatures, the industry's leading players are creating smart types of helmets as an innovative way to check people for COVID-19. For instance, DP World, an innovative security solutions provider in Dubai, launched KC N901, an advanced helmet for the contactless detection of people infected with COVID-19.

REGIONAL INSIGHTS

Adopting these helmets in North America has witnessed tremendous growth in recent years.

Government and NGOs in the region are initiating educational campaigns to promote and educate people on using helmets. With changing trends in the motorcycle industry, motorcycle manufacturers in the area have started launching bikes at affordable prices. This has given helmet manufacturers an unprecedented opportunity to widen their portfolio and meet the continuously changing consumer demands. The research and development activities undertaken by helmet manufacturers in the region to ensure road safety are expected to propel the market growth over the forecast period.

In Asia Pacific, the regional motorcycle industry contributes a significant share and represents a major share in the sale of bicycles and motorcycles. Increased sales of two-wheelers, rapid urbanization in emerging economies such as India and China, and the increasing manufacturing sector in the area are projected to be the key drivers strengthening the region’s hold on the market share. India emerged as the largest economy in adopting two-wheelers, contributing a significant stake in this market. Upsurge in consumer spending for safety devices while driving and many motorcycles in the region have fueled the market growth. Moreover, the growing adoption of advanced wearable technology among construction workers and firefighters has positively impacted the market. Similar trends are expected to drive the market in the Middle East & Africa as well.  

The market in Europe is anticipated to grow moderately during the forecast period. The growth in the region is mainly attributed to the widespread awareness regarding personal safety and the growing adoption of advanced wearable technology.

In some developing countries in Latin America and the Middle East, the affordability of motorcycles coupled with stringent government rules for using headgear contributes to the market's growth. Factors that fuel market growth include inadequate transport needs, increased traffic congestion in metropolitan areas, increased transport costs in other types, and easy access to motorcycle finance.

List of Key Companies in Smart Helmet Market

Key Players to Enrich their Product Offerings and Implement Partnership Strategies to Meet Ever-changing User Requirements

Companies continuously strive to develop innovative products and expand their product portfolios, focusing on improving the efficiency of these helmets and enhancing the customer experience. For instance,

• In November 2021, Huawei, a technology provider, introduced the Helmetphone BH51M Neo in China. This smart helmet offers advanced features such as voice commands and Bluetooth connectivity. It is powered by Huawei’s operating system, HarmonyOS, and is designed for various activities such as biking, skateboarding, roller skating, and electric bicycles.

These product launches significantly drive the market by offering new solutions to meet customer needs and expectations.

LIST OF KEY COMPANIES PROFILED:

• Sena Technologies, Inc. (U.S.)


• DAQRI (U.S.)


• Forcite Helmet Systems Pty Ltd. (Australia)


• TVS Motor Company (India)


• Hedkayse (U.K.)


• MapmyIndia (India)


• Livall (China)


• Jarvish Inc. (Taiwan)


• Torc Helmets (U.S.)


• Lumos Helmet (China)


• Nexsys. Co., Ltd. (Korea)


• 360fly, Inc. (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• In March 2023, TVS, a Hosur-based company, introduced the S20X and Smart Xonnect S10X helmet communication devices at MotoSoul2023 in Goa. These communication devices are designed to be mounted on helmets and have various features.


• In March 2023, Hedkayse revealed its plans to incorporate twICEme smart technology into its foldable helmets. Hedkayse helmets are renowned for their long-lasting durability and ability to withstand multiple impacts, earning them the reputation of being a “Helmet for life’. The Enkays liner material in these helmets is specifically engineered to offer equivalent protection levels to conventional cycle helmets. By simply tapping the twICEme symbol on the helmet with a smartphone, the integrated twICEme technology enables first responders to access crucial safety information.


• In February 2023, MapmyIndia, an Indian digital mapping and geospatial company, introduced its Mappls Gadgets designed for cars and bikes. These gadgets are specifically developed to provide an improved and safer driving experience. The product lineup includes vehicle GPS trackers, an in-dash attainment system, a dash camera, and smart helmet kits.


• In July 2022, Oakley’s helmet launch introduced smart technology that enables users to store personal safety information. Through a partnership with twICEme technology, a Swedish safe-tech company, the helmets will incorporate twICEme technology, allowing the users to upload data such as emergency contacts, insurance information, and allergies to their profile with the twICEme app. Respondents can conveniently access this information in an emergency by scanning the helmet’s twICEme symbol with a smartphone.


• In May 2022, SENA announced the availability of its Impulse and Stryker smart helmets in Europe. These helmets utilize Sena’s Mesh communication technology and are equipped with a microphone and speakers provided by audio company Harman Kardon. Notable features of these helmets include a magnetic Pogo charging point, voice command functionality available in eight languages, a retractable sun visor, an LED tail light, and access to voice-activated digital assistants such as Siri or Google.

REPORT COVERAGE

The global smart helmet market report provides comprehensive insights into the product, including qualitative and quantitative analysis. It offers a detailed market size and growth rate assessment across various segments. Furthermore, the report analyzes market dynamics, emerging trends, and competitive landscape in-depth. Key highlights of the report include the adoption trends of smart type of helmets in different segments, recent industry developments such as mergers and acquisitions, a consolidated SWOT analysis of key players, Porter’s five analysis, and the business strategies of the leading market players.

REPORT SCOPE & SEGMENTATION