Smart Helmet Market to Grow Gradually by Achieving a Valuation of USD 2,641.9 million by 2032 at a CAGR of 16.5% during the Forecast Period

The smart helmet market size is projected to grow from USD 672.2 million in 2023 to projected to grow from USD 779.1 million in 2024 to USD 2,641.9 million by 2032. As per a report by Fortune Business Insights™ titled,” Smart Helmet Market Size, Share & COVID-19 Impact 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”. It is set to exhibit a CAGR of 16.5% during 2024-2032.

Growing Demand for Temperature Screening Solutions in Helmets during COVID-19 Pandemic 

The COVID-19 pandemic presents many obstacles for helmet manufacturers, particularly those who rely on staff whose jobs cannot be carried out remotely. The productivity disruption triggered by COVID-19 has severe social, operational, and financial implications. The increasing demand for helmet escalated the smart helmet market growth.

Strict Government Safety Regulations and Rules to Propel Growth

Bicycles or motorcycles are lesser safe than cars in case of an accident. The helmet’s goal is to reduce the risk of brain and head trauma by force or head injury. The effectiveness of motorcycle helmets in reducing head trauma is partially attributed to the quality of the helmets. New strict regulations have encouraged the use of helmets to minimize the risk of head injury in case of accidents. Hence, the smart helmet market share is estimated to drive market growth.

Oakley’s Launched Helmet with Smart Technology to Drive the Market Growth

Oakley’s, in partnership with twICEme, a Swedish safe-tech company, will introduce smart technology that allows users to store personal safety information. The helmets will incorporate twICEme technology, allowing users to upload data such as allergies, emergency contacts, and insurance information with the twICEme app.

Competitive Landscape:

Prominent Players Augment their Product Offerings and Implement Partnership Strategies to Back their Position in the Market

Companies continuously indulge to develop advanced, unique, and innovative products and grow their product portfolios, focusing on improving the efficiency of smart helmet and enhancing the customer experience.

Notable Industry Development:

• March 2023: TVS, a Hosur-based company, launched 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.

List of the Companies Profiled in the Report:

• 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.)

Further Report Findings:

• In North America, governments and NGOs in the region have initiated educational campaigns to promote and educate people on using helmets. The research and development activities undertaken by helmet manufacturers in the region to ensure road safety are estimated to drive market growth over the projected period.


• In Asia Pacific, the regional motorcycle industry adds a subsequent share and represents a large share in the sale of motorcycles and bicycles. India emerged as the largest economy in adopting two-wheelers, contributing a subsequent market share.

Table of Segmentation: