Motorcycle Connected Helmet Market to Grow with a CAGR of 4.53% in Europe through to 2028
The
major drivers for the Europe Motorcycle Connected Helmet Market include the
increasing emphasis on rider safety through advanced technologies, the rising popularity
of motorcycle commuting, and the growing demand for smart and connected
features in helmets for navigation and communication.
According to
TechSci Research report, “Europe Motorcycle Connected Helmet Market -
Industry Size, Share, Trends, Competition Forecast & Opportunities,
2028”, the Europe Motorcycle Connected Helmet Market stood at USD 6.2 million
in 2022 and is anticipated to grow with a CAGR of 4.53% in the forecast period,
2024-2028. The Europe Motorcycle Connected Helmet Market is experiencing
significant growth, driven by various factors. One of the primary drivers is
the increasing awareness of road safety among motorcyclists. As riders become
more conscious of the risks involved, they are seeking advanced and comfortable
riding gear that offers better communication features. This trend is leading to
a higher demand for connected helmets in the market.
Additionally,
the integration of smart technologies such as GPS, Bluetooth, and rider
assistance systems in helmets is further fueling the growth of the market.
These features provide riders with enhanced navigation capabilities, seamless
communication, and improved safety measures while riding.
Furthermore,
government initiatives to enforce the use of safety helmets are playing a
crucial role in the expansion of the Europe Motorcycle Connected Helmet Market.
As authorities prioritize road safety, regulations are being put in place to
promote the mandatory use of helmets. This has a direct impact on the market,
as it drives the demand for connected helmets that comply with safety
standards.
Overall, the
combination of increasing road safety awareness, the demand for advanced
features, and government regulations is fostering the growth of the Europe
Motorcycle Connected Helmet Market. As more motorcyclists recognize the
importance of safety and seek enhanced riding experiences, the market is
expected to continue its upward trajectory.
Browse over 26
market data Figures spread through 91 Pages and an in-depth TOC on "Europe Motorcycle Connected Helmet Market”
The Europe
Motorcycle Connected Helmet market is experiencing a consistent and notable
growth trajectory. This growth can be attributed to several key factors,
including the increasing number of motorcycle owners, growing concerns about
safety, and advancements in communication technology. These innovative smart
helmets, equipped with features such as Bluetooth connectivity, GPS navigation,
and integrated sound systems, are revolutionizing the riding experience for
enthusiasts. Moreover, they are making significant contributions to improving
road safety by providing real-time information, enhancing communication, and
promoting situational awareness for riders. As a result, these state-of-the-art
helmets are gaining popularity among motorcyclists across Europe, ensuring a
safer and more enjoyable journey on the roads.
The increasing
popularity of motorcycle sports and leisure activities in Europe has
significantly contributed to the growth of the Connected Helmet market. As more
and more individuals engage in recreational motorcycle riding, the demand for
advanced safety gear has witnessed a substantial rise. In particular, connected
helmets have emerged as a sought-after choice among riders who prioritize both
safety and technological integration. These helmets offer a seamless
connectivity experience, allowing riders to stay connected, access navigation
systems, and even make hands-free calls while on the road. With their
innovative features and enhanced safety measures, connected helmets have
revolutionized the way riders approach safety and convenience in the motorcycle
industry.
Countries such
as Germany, France, Italy, and the UK are leading the market in Europe. These
countries have a prevalent motorcycle culture, coupled with high awareness for
road safety, which positively impacts the market growth.
The market is
being further propelled by the active involvement of well-established helmet
manufacturers and leading technological firms. These companies are not only
emphasizing on integrating cutting-edge technology into their helmet designs,
but also striving to deliver superior functionality and an enhanced rider
experience. By incorporating advanced features such as smart sensors, augmented
reality displays, and intelligent communication systems, they are
revolutionizing the way helmets are perceived and used. This combination of
innovation and user-centric design is driving the market forward, as more and
more riders seek helmets that not only provide safety, but also offer a
seamless and immersive riding experience.
However, the
high cost of these helmets might hinder market growth. Affordability remains a
significant concern, especially among younger riders and those from countries
where disposable income levels are relatively lower.
The current
demographic trend also favours the market growth. With more young adults
getting into motorcycling, the demand for connected helmets, seen as a symbol
of modernity and style, is likely to increase.
The market is
anticipated to exhibit further growth as technological advancements continue.
Developments in IoT, AI, and V2X communications are expected to reshape the
market, offering more sophisticated connected helmet models.
Legislation and
regulation play a vital role too. As European governments tighten road safety
laws and promote the use of protective gear, the demand for connected helmets
is expected to climb.
Despite
potential hurdles, such as regulatory challenges and competition, the Europe
Motorcycle Connected Helmet market holds promising prospects for growth and
profitability. Market players who are willing to invest in continuous
innovation, including advanced features and connectivity options, while also
considering affordability, will be well-positioned to tap into the growing
demand effectively. By offering cutting-edge technology, enhanced safety
features, and seamless integration with other devices, these market players can
cater to the evolving needs and preferences of motorcycle enthusiasts, ultimately
gaining a competitive edge in this dynamic market.
In summary, the
Europe Motorcycle Connected Helmet market is on a growth trajectory, fueled by
factors such as rising motorcycle ownership, safety consciousness,
technological advancements, and favorable demographics. This trend is likely to
continue, opening up exciting opportunities for manufacturers and technology
firms alike.
Major companies
operating in Europe Motorcycle Connected Helmet Market are:
- Dainese SpA
- HJC Europe S.A.R.L
- Shoei Co. Ltd
- Arai Helmet Ltd.
- Alpine Stars S.p.A
- Schuberth GmbH
- BELL HELMET
- FOX
- STUDDS Accessories Limited
- Royal Enfield
Download Free Sample Report
Customers can
also request for 10% free customization on this report.
“The major
drivers for the Europe Motorcycle Connected Helmet Market can be attributed to
several factors. Primarily, the increasing awareness of road safety among
motorcyclists and the growing adoption of advanced, comfortable riding gear
with better communication features are boosting the market. Moreover, the
integration of smart technologies such as GPS, Bluetooth, and rider assistance
system in helmets is rising, which is further propelling demand. Lastly,
government initiatives to enforce the use of safety helmets while riding are
also strongly contributing to the growth of the Europe Motorcycle Connected
Helmet Market.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based management consulting firm.
“Motorcycle
Connected Helmet Market – Europe Industry Size, Share, Trends, Opportunity,
and Forecast, 2018-2028, Segmented Market By
Helmet Type (Full Face, Half Face & Open Face), By Country, Competition”,
has evaluated the future growth potential of Europe Motorcycle Connected Helmet
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Europe Motorcycle Connected
Helmet Market.
Contact
Mr. Ken Mathews
708 Third
Avenue,
Manhattan, NY,
New York 10017
Tel:
+1-646-360-1656
Email: [email protected]
Website: www.techsciresearch.com