Securing your head is a general guideline while riding a motorcycle. Not just that it protects you, helmets have moved toward becoming more technical with various advances in the recent couple of years that gives a very shocking knowledge.
Smart helmets have optical heartrate sensors which are being developed by different vendors. Increase in sales luxury or premium segment motorcycles, high disposable incomes and adoption of motorcycling sports as a hobby is driving the Global Motorcycle Connected Helmets Market.
Global Motorcycle Connected Helmets Market is expected to grow at a CAGR of over 18% over the next five years backed by the factors such as rising awareness among consumers for safety and introduction of health and infotainment features in motorcycle helmets.
Some of the major players operating globally in Motorcycle Connected Helmets are O’Neal, BMW Motorrad, Sena Technologies, Schuberth, Intelligent Cranium Helmets, LiveMap, Nuviz, Reevu, LifeBEAM, Nolan Communication System etc.
LifeBEAM is a brilliant helmet that screens your heart rate, checks your calories, gives you a precise investigation and ensures your head. Optical heart-rate sensor is incorporated into the helmet. The feature of LifeBeam is that they started making items for the military and have gradually moved into the customer world.
The helmet is progressively turning into the way to an abundance of data about the rider’s security and comfort. Consequently, keen head protectors that have visual heartrate sensors are being produced by merchants like LifeBEAM.
What Drives the United States Connected Helmets Market:
According to Governors Highway Safety Association, in 2016, in crashes and fatalities more than 5200 motorcyclists lost their lives.
According to National Highway Traffic Safety Administration(NHTSA), in 2015, the helmets saved more than 1700 lives of motorcyclists. Motorcycle fatalities increased by 257 i.e. increased by over 5 percentage, the largest since 2008.
The number of passenger vehicle occupant fatalities increased by over 4 percent, which accounted for 54 percent of the overall increase in fatalities. Motorcyclist fatalities increased by over 5 percent.
The increasing number of fatalities is pushing government of country to main strict rules for motorcycle riders to wear helmets for their safety. Growing technological advancements and growing safety concerns among consumers is driving the motorcycle connected helmets market.
Growing IoT Services Market:
Growing healthcare infrastructure, rising patient awareness for monitoring systems along with government support, etc., is projected to drive demand for IoT services from the healthcare sector in the region during 2016-2021. Internet of Things enables centralized monitoring and controlling of all operations in healthcare organizations. In addition, IoT services increase safety and reduces time to provide better care. Thus, demand for IoT services from the healthcare sector in the region is projected to increase during 2016-2021. The helmet is progressively turning into the way to an abundance of data about the rider’s safety, security, and health. Consequently, connected helmets have optical heartrate sensors. Thus, growing IoT services market and increasing awareness among consumers for health drives the motorcycle connected helmet market.
Global Motorcycle Connected Helmets Market
- Increasing sales of two wheelers globally
The two-wheeler market is growing, in 2012 the sales of two-wheeler was at 61.02 Million Unites and in 2016, the two-wheeler segment crossed 65 Million units. In two-wheeler segment, maximum market share is of Motorcycle. Growing two-wheeler sales globally will drive the connected helmet market over the next five years as well.
- Increasing number of Road Accidents, globally:
According to World Health Organization, second highest road traffic deaths by type of road users is from motorcyclist with around 23 percent after car occupants.
Government of almost every country is in continuous process of making this percentage as lesser as possible. The government is taking necessary steps to minimise these road accidents. For safety and security, the government is charging penalties from consumers for not wearing helmets while riding.
Source: World Health Organization
Increasing awareness of advance technologies, easy riding due to availability of Bluetooth device in the smart helmets, ease of taking calls without using phone, safety and health benefits by using smart helmets, drives the motorcycle connected helmet market globally.
Conclusion: Global Motorcycle Connected Helmets Market is expected to grow at a CAGR of over 18% over the next five years backed by the factors such as rising awareness among consumers for safety and introduction of health and wellness features in motorcycle helmets. Smart helmets have optical heartrate sensors which are being developed by different vendors. Moreover, increase in sales luxury or premium segment motorcycles, high disposable incomes and adoption of motorcycling sports as a hobby is expected to drive the Global Motorcycle Connected Helmets Market during the forecast period as well.