The latest report published by Fortune Business Insights states that the Smart Helmet Market Size 2022 is expected to grow steadily in the coming years. The report illustrated latest insights into market drivers, restraints, risks and opportunities in the global market. The Smart Helmet Market report shows the credible direction of the market in the coming years along with its estimates. A precise study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help the readers understand the key business strategies that large companies employ to maintain market stability.
The global smart helmet market size was $401.4 Mn in 2019 & is projected to reach $1,134.9 Mn by 2027, exhibiting a CAGR of 13.8% during forecast period
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Report Coverage-
- The report highlights information on various segments at the global, regional, and country level.
- The report contains various details like market share, growth rate, product and their pricing by region/country.
- The report elucidates the market dynamics that are expected to drive the market growth in the forthcoming years.
- The report encompasses the details in relation to application, distribution channel, product type, business strategies, etc.
- The report also covers the COVID-19 impact on the prospected market.
Companies Profiled in the Global Smart Helmet Market:
- 360fly, Inc.
- LUMOS HELMET
- JARVISH INC.
- LIVALL
- DAQRI
- Nexsys. Co., Ltd.
- TORC HELMETS
- BELL SPORTS INC.
- Forcite Helmet Systems
- Sena Technologies, Inc.
The global smart helmet market size is projected to reach USD 1,134.9 million by 2027, exhibiting a CAGR of 13.8% during the forecast period. Heightened need for mass screening of people amid the COVID-19 pandemic is causing a growth spurt in this market, states Fortune Business Insights™ in its report, titled “Smart Helmet Market Size, Share & COVID-19 Impact Analysis, By Type (Full-face, Open-face, Half-head), By Technology (Integrated Communication System, Integrated Video Camera, Contactless Temperature Measurement, Bluetooth Connectivity, Signal Indicator and Brake Function, and Others), By End-user (Consumer, Industrial, Healthcare, and Construction), and Regional Forecast, 2020-2027”.
Smart helmets are essentially functioning as portable thermal scanners that allow officials to screen multiple citizens in a few minutes. In July 2020, the Mumbai Municipal Corporation deployed hundreds of these helmets to augment screening and speed up the identification of potential cases in the city, especially in the slum areas. In Italy too, Rome’s Aeroporti di Roma-Fiumicino has been extensively utilizing these wearable thermal devices that are embedded with Augmented Reality (AR) capabilities and thermal scanning to screen visitors to the country and prevent sick people from boarding planes. Thus, the coronavirus pandemic has provided an opportunity for the market to expand its scope and for players to broaden their sales horizons.
An Overview of the Impact of COVID-19 on this Market:
This study specially analyses the impact of Covid-19 epidemic on the Cognitive Cloud Computing, covering the source restraint analysis, impact assessment to the Cognitive Cloud Computing market size growth rate in several scenarios, and the measures to be undertaken by Cognitive Cloud Computing companies in response to the COVID-19 epidemic.
Key Questions Answered in this Report
1) What were the pre and post-business impacts of COVID-19 on the Smart Helmet Market?
2) What is the market size, share of the Smart Helmet Market?
3) Who are the top market players in Smart Helmet Market?
4) What will be the future market of the Smart Helmet Market?
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