Smart Motorcycle Helmet Market Revenue and Growth Rate 2019-2026

Posted by Swati Tamhankar on June 12th, 2019

The primary role of the motorcycle helmet is to provide safety to the rider. Now-a-days, the motorcycle helmet market is improvising and has taken a new step toward making smart motorcycle helmets. These helmets refer to the intelligent helmets, which are equipped with the technology as well as a better material to secure the rider during accidents. It is safer to ride two-wheeler by merging technology and novel material into the helmet. The smart helmets manufacturers are shifting toward using new and innovative outer as well as inner material. The new form of outer material, which are being used include carbon fiber and polycarbonate. Carbon fiber materials are used because of its high strength-to-weight ratio. Polycarbonate finds wide application in smart motorcycle helmets owing to its high mouldability without compromising strength. Styrofoam and Koroyd are the materials, which are implanted at the inner shell of the helmet. Koroyd is a new form of material and gains huge traction amongst helmet manufacturers owing to its high durability.

Smart motorcycle helmets are available at plethora of sales channels. Retail stores are a prominent platform to offer these helmets. However, online sales channels are gaining huge traction for the sales of smart motorcycle helmets. Smart helmet manufacturers around the world are offering different size of helmets according to the need of the consumers. Smart motorcycle helmets are categorized in three parts—small, medium, and large. Smart helmets are equipped with different tech features such as glass display of GPS, speedometer display, Bluetooth connectivity for smart phones, Bluetooth speakers, mic, and camera. Smart motorcycle helmets are of two types, full face helmet and half helmet.

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Increase in safety concern among the people boosts the demand for smart motorbike helmet. People are prefer using smart motorcycle helmets as new materials are being used to make these helmets. Also, these helmets are light weight as compared to old generation helmets. On the other hand, lack of awareness regarding these helmets in the developing countries possess major challenge to the smart motorcycle helmet market.
The smart motorcycle helmet market is segmented based on its product type, material type, size, distribution channel, and region. Based on product type, it is classified into full face helmet and half face helmet. Based on material, it is bifurcated into carbon fiber and polycarbonate. Based on size, it is categorized into small, medium, and large. Based on distribution channel, it is classified into retail store, supermarket, and online sale channel. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

North America is one of the largest consumers base for the smart motorcycle helmets owing to the personnel safety concerns among the users followed by the Europe, which is also having good market share due to stringent government rules and regulations. Asia-Pacific is expected to become fastest growing and emerging region for the smart motorcycle helmets in the upcoming years.

The major key players profiled in the smart motorcycle helmet market include JARVISH Inc., Nand Logic Corp., 360fly Inc., FUSAR Technologies Inc., DAQRI LLC., Life BEAM Technologies, Forcite Helmet System Pvt. Ltd., Sena Technologies Ltd, BABAALI, Jager HelmX Smart Helmets, LIVALL Tech Co. Ltd., LUMOS HELMET, and Nexsys Controls Pvt. Ltd.

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