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Global Motorcycle Connected Helmet Market to Report a Healthy 18.54% CAGR between 2016 and 2020

Press Release   •   Nov 23, 2016 05:04 EST

MarketResearchReports.Biz presents this most up-to-date research on “ Global Motorcycle Connected Helmet Market 2016-2020 "

The report, titled “Global Motorcycle Connected Helmet Market 2016–2020,” provides a comprehensive assessment of this market, emphasizing on significant trends, driving forces, restraining factors, lucrative opportunities, and growth prospects.

According to the study, the global motorcycle connected helmet market is likely to witness a sturdy rise in the coming years, thanks to the growing concerns of people regarding their safety when riding a motorbike. The increasing implementation of government regulations, mandating the usage of helmets is also projecting to boost this market considerably over the next few years. Researchers project this market to progress at a healthy CAGR of 18.54% during the period from 2016 to 2020.

The research report, further states that the rising uptake of head-up display (HUD) helmets will emerge as the key trend in the worldwide market for motorcycle connected helmets over the forecast period and will drive this market considerably. Although the advancement in motorcycle infotainment systems have allowed bikers to enjoy a combination of entertainment, communication, and information while riding, they also create a great distraction as the display unit is positioned only in the motorcycle console. With HUD displays information, such as speed, GPS, and traffic reports on the helmet visor, the distraction level will reduce significantly, notes the market study.

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In this research study, the worldwide market for motorcycle connected helmets has been broadly analyzed on the basis of its geographical reach. The Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC) have been identified as the prime regional markets for motorcycle connected helmets across the world. In 2015, the EMEA region emerged as the leading regional market for motorcycle connected helmets and is likely to retain its dominance over the forecast period. The increased demand for heavyweight motorcycles in EMEA is likely to boost this market remarkably in the years to come, reports the research study.

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The research report also offers an assessment of the competitive landscape of the global motorcycle connected helmet market. As per the study, the market is characterized by a number of ongoing technological innovations. Currently, it includes a limited number of original equipment manufacturers (OEMs) and the leading vendors in the market are likely to increase their investments for the development of innovative features and design of these helmets in the coming years.

O’Neal, BMW Motorrad, Sena Technologies, and Schuberth are some of the leading manufacturers of motorcycle connected helmets profiled in this market study. Other prominent market players mentioned in this research report are LifeBEAM, Intelligent Cranium Helmets, LiveMap, Nuviz, Nolan Communication System, and Reevu.