The Global HUD Helmet Market was worth US$ 0.13 billion in 2022 and is anticipated to reach a valuation of US$ 0.56 billion by 2028 and is predicted to register a CAGR of 27.38% during 2023-2028.
A heads-up display (HUD) helmet is an advancement that integrates many features and functions into one gadget. This technology helps the driver to access real-time data about the bike's performance and running condition, including on-road conditions, by presenting them on the helmet's glass. Access to all the essential data will not only lessen distractions while on the bike but also aid the driver in enjoying more convenience and comfort. HUD Helmets have the ability to serve as a solution to various difficulties. With the rising preference of consumers to invest in advanced onboard and aftermarket frameworks and because of the availability of helmet HUDs in the aftermarket, the key manufacturers are concentrating on increasing HUD packages and modules that can be factory-fitted to helmets.
A global rise in luxury bike sales and the increasing use of advanced technology by bike enthusiasts are the primary elements driving the global HUD helmet market. With the growing interest in high-performance bikes, there is an increase in the interest for advanced frameworks, for example, anti-lock braking systems (ABS), tire pressure monitoring systems (TPMS), and traction control systems (TCS). This will, at the same time, develop the electronic content in bikes, boosting the market's growth aspects.
Market Drivers:
Upcoming patterns, for example, the improvement of smarter helmets are picking up pace because of the expanding safety mindfulness, transferring data to the rider, and the requirement for better execution and added highlights. Such factors will bring about the necessity for constant improvement in the motorcycle HUD helmet market bringing about the advancement of smart helmets that permit the extraction of information from bikes and outside sources, for example, cell phones, and present them before the rider's eyes. Motorcycles are the most helpless vehicles with regard to on-road accidents and impacts. The high probability of motorcyclists getting extreme injuries because of the absence of appropriate safety equipment makes the accessibility of onboard ADAS and other security systems much more urgent in nature. In spite of the fact that there have been different activities concentrating on the requirement for attentive and distraction-free riding, they have not been able to make a remarkable effect overall.
Market Restraints:
HUD technology in helmets is costly. Motorcycle HUD helmet innovation is one of the promising upcoming advancements for riders. Motorcycle HUD helmet, alongside associated technology, is required to diminish the fatality rates in the worldwide motorcycle market attributable to its safety circumstances. The HUD technology coordinated into a helmet that was first introduced in 2016 caused constrained awareness among buyers. Also, the global motorcycle HUD helmet market has less number of sellers dealing with the advancement of this technology.
Market Recent Developments:
NUVIZ announces the First All-In-One Head-Up Display for riders. Shipments start for mainly Anticipated HUD that appends to a bike Helmet and Features Integrated Navigation, Camera, Communication, and Music in a single gadget.
DigiLens declared that its MonoHUD waveguide augmented reality (AR) show will be incorporated into Sena's Momentum smart head protector. The latest helmet will furnish bike and bicycle riders with interruption-free head-up display content gushed directly into their view, so they can keep their eyes concentrated on the road ahead.
Skully AR-1 is a soon-to-be propelled bike helmet, which highlights head-up-display innovation on the transparent visor. The insane helmet idea accompanies a 180-degree back view camera, turn-by-turn GPS route framework, and smartphone pairing to aid in streaming music and calling hands-free from your smartphone. This is all shown on the semi-transparent HUD unit.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2022 – 2028 |
|
Base Year |
2022 |
|
Forecast Period |
2023 - 2028 |
|
CAGR |
27.38% |
|
Segments Covered |
By Connectivity, Component, Display, Outer shell material, Power supply, Technology, Function, and Region. |
|
Various Analyses Covered |
Global, Regional and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
NUVIZ, Inc. (US), DigiLens Inc. (US), SKULLY Technologies (US), BMW Motorrad (Germany), Reevu (UK), JARVISH (Taiwan)., and Others. |
Market Segmentation:
Tethered connectivity is anticipated to be the most significant fragment, by connectivity type, of the global HUD helmet market. The market predominance of tethered connectivity can be ascribed to the expanding pattern of connected vehicles and improved execution of HUD capacities, including navigation and communication.
The hardware segment of HUD helmets is relied upon to hold the biggest market share during the estimated time frame. A HUD helmet needs top-notch equipment to improve the safety of the bike rider. The utilization of sensors, for example, radar, camera sensor, and ultrasonic, can generously reduce the expense of HUD helmets. Hence, the hardware is projected to be the most significant section of the HUD helmet market, by component type.
The properties of carbon fibre, for example, high tensile strength, capacity to assimilate high effects, and lightweight, make it appropriate for the assembling of HUD helmets. As it is lightweight, carbon fibre improves safety and comfort.
Market Reginal Analysis:
The Global HUD Helmet Market Report includes the segmentation of regions:
Europe is anticipated to hold the biggest market share during the conjectured time frame. Factors, for example, an expansion in luxury motorcycle sales, racing society, developed infrastructure, and improving road traffic guidelines have added to the development of the HUD helmet market in this area.
The market development in Asia Pacific can be credited to the expanding purchasing intensity of customers in nations like India, China, Indonesia, and Thailand. Rising sales of motorcycles and developing interest in the security of bike riders in India and China are projected to drive the HUD helmet market in the locale. Japan is anticipated to lead the Asia Pacific HUD helmet market.
Market Key Players:
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1800
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region