Global Motorcycle Helmet Heads-up Display Market 2017-2021
About Motorcycle Helmet Heads-up Display
A motorcycle helmet heads-up display (HUD) is a technology that integrates multiple functions and features into one device, i.e., the helmet. This technology enables the rider to access real-time information about the motorcycle's performance and running condition, including on-road conditions, by displaying them on the helmet's glass. Access to all the important information will not only reduce distractions while riding but also help the rider to enjoy more comfort and convenience.
Technavio’s analysts forecast the global motorcycle helmet heads-up display market to grow at a CAGR of 12.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global motorcycle helmet heads-up display market for 2017-2021. To calculate the market size, the report considers the aftermarket players offering HUD for helmets.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Motorcycle Helmet Heads-up Display Market 2017-2021
Technavio recognizes the following companies as the key players in the global motorcycle helmet heads-up display market: BMW Motorrad, NUVIZ, BIKESYSTEMS, Sena Technologies, Schuberth, and O'Neal
Other Prominent Vendors in the market are: CrossHelmet, DigiLens, REYEDR, REEVU, LIVEMAP, Intelligent Cranium Helmets, LAZER SPORT, and Nolan Communication System.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of NUVIZ: fully integrated HUD. The global motorcycle industry is witnessing the development of advanced technologies, most which fall under motorcycle ADAS. These developments have made modern motorcycles highly advanced, whether in terms of powertrain or safety and comfort. The future of autonomous, self-driving cars and vehicle-to-vehicle (V2V) communication in the global automotive industry has had its effects on the global motorcycle industry as well. This is leading to the development of intuitive technologies for motorcycle applications also.”
According to the report, one of the major drivers for this market is Increasing on-road accidents due to distracted riding. Two-wheelers are the most vulnerable vehicles when it comes to on-road accidents and collisions. The high probability of motorcyclists getting severe injuries due to lack of proper safety equipment makes the availability of on-board ADAS and other safety systems much crucial in nature. Though there have been various initiatives focusing on the need for attentive and distraction-free riding, they have not been able to make a significant impact overall.
Further, the report states that one of the major factors hindering the growth of this market is Helmet HUD technology is expensive. Motorcycle helmet HUD technology is one of the promising upcoming technologies for motorcyclists/riders. Motorcycle helmet HUD, along with connected helmet technology, is expected to reduce the fatality rates in the global motorcycle market owing to its safety advantages. The HUD technology integrated into a helmet that was first presented in 2016 caused limited awareness among consumers. Moreover, the global motorcycle helmet HUD market has a handful of vendors working on the development of this technology.
BMW Motorrad, NUVIZ, BIKESYSTEMS, Sena Technologies, Schuberth, O'Neal, CrossHelmet, DigiLens, REYEDR, REEVU, LIVEMAP, Intelligent Cranium Helmets, LAZER SPORT, and Nolan Communication System.