HUD Helmet Companies | Forecast by 2033


20 Sep 2024

The global HUD helmet market surpassed USD 169.03 million in 2023 and is projected to cross around USD 2,333.75 million by 2033, poised to grow at a CAGR of 30.02% during the forecast period. The growing demand of motorcycles by the consumers and a technological progress to pull off safety, convenience, situational awareness and innovation are the principal drivers of the HUD helmet market.

HUD Helmet Market Statistics

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Market Overview

The HUD technology presents an information regarding navigation directions, speed, gear indicators and even smartphone notifications directly in the rider’s line of sight. It provides an easy access to an essential data without any safety issues.

The direct impactful growth factors for HUD helmets are the racing professionals and the racing amateurs. The expanding innovations in different display types of HUD helmets such as OLED, LCOS, LCD and LED that hold prominent positions in the market across the globe.

North America, especially the United States, are playing an important role with their leading companies and the vast innovation strategies in the research and development of HUD helmets. This is creating ample growth opportunities for the market. Europe is also doing the best job in terms of discoveries and recommendable market shares.

Considering the contribution of AI in the industry, there are multiple parameters that boost the market’s growth. The smart helmets stand out as the protective helmets featuring an infrared camera, a power source, a processing hub and a near-eye augmented reality display. The processing hub runs object recognition AI algorithms along with other sensors and applications.

  • With an enhancing adoption of strategies by major players, the market is expected to grow over the projected horizon.
  • The use of automotive HUD helmets open doors to the consumers to navigate without the smartphone and notice the blind spots while driving, which reduces the chances of accidents.
  • Light emitting diodes and liquid crystal display provide transparent and bright images on the windshield which increases the demand of the automotive HUD helmets which are expected to boost the growth of the market.

Popular Types of HUD Helmets

Characteristics Types
Connectivity Tethered and Embedded
Component Hardware and Software
Display OLED, LCOS, LCD, LED
Outer Shell Material Carbon Fiber, Kevlar and Plastic, Glass Fiber
Power Supply Rechargeable Batteries
Solar-Powered System
Vehicle Battery Powered
Technology Convectional HUD
AR HUD
End User Racing Professionals
Personal Use
Functional Navigation
Communication
Performance monitoring

 

Indian Government Norms to set up Legally Sustainable Helmet Manufacturing Businesses in India Boosting the Growth Rate of the HUD Helmet Market

BIS, Bureau of Indian Standards functions under the support of the Indian Ministry of Consumer Protection, Food & Public Distribution. BIS certification is granted after comprehensive product testing and on-site inspection of the plant. According to the Factory Act, 1948, it is a legal compulsion for the factory owners to avail factory license for their premises from the local government authority before commencing the business operation.

The Chief Inspector of Labour Commissioner has the required authority vested by aforesaid law to grant this license. It is mandatory to Obtain the Consent from State pollution Control board. They should Get the Import Export Code and MSME registration.

The new norms from the Indian government about banning non-ISI helmets will only boost the sales for organized helmets manufacturers. All in all, the future of the helmet manufacturing business in India seems remarkably bright.

Challenges deal with the concern associated with improper distance measurement. High cost and concern related to optical contrast and perceptual tunnelling is one of the restraints. Majority of the people cannot afford such modern devices due to poverty or inconvenience to health.

HUD Helmet Market Top Companies by Country

  • REYEDR
  • BIKESYSTEMS
  • DigiLens
  • NUVIZ
  • SKULLY Technologies
  • JARVISH
  • Japan Display
  • BMW Motorrad
  • Reevu
Country Presence of Major Players
Germany Robert Bosch GmbH
Continental AG
ZF Friedrichshafen AG
Japan DENSO Corporation
Pioneer Corporation
Panasonic Corporation
Marelli Holdings Co., Ltd
Mitsubishi Electric Corporation
TOSHIBA CORPORATION
ALPS ALPINE CO.LTD
Clarion
Mitsubishi Electric Corporation
Canada Magna International Inc
U.S. NVIDIA Corporation
Garmin Ltd
HARMAN International
Texas Instruments Incorporated
Visteon Corporation 
China LG Display Co, Ltd 
France Valeo 

Recent Developments by NUVIZ

Company Name NUVIZ
Headquarters San Diego, CA
Recent Development Recently, the best innovation award was honoured to NUVIZ in the annual Consumer Electronics Show (CES). This company stands out as the leading manufacturers of the first ever fully integrated Head-Up Display device to offer a great riding experience to the motorcycle riders. 

Recent Developments by DigiLens

Company Name DigiLens
Headquarters Sunnyvale, California
Recent Development The company has developed a patented optical platform and photopolymer technology that deliver best-in-class solutions using a unique, low-cost contact-copy manufacturing process.  The company announced the world’s first full-colour eyeglass display using robust plastic substrates. They have designed a high-quality lens prototype from sturdy plastic and glass that can be made at a fraction of the cost. 

Recent Developments by SKULLY Technologies

Company Name SKULLY Technologies
Headquarters Atlanta, GA
Recent Development SKULLY Technologies announced the launch of a new version of the FENIX AR: 2.1.0. Among other elements, this version improves the performance of music and voice commands and the text-to-speech module which makes the FENIX more efficient in its use.

Regional Insights

Asia Pacific held the largest share of the HUD helmet market in 2023. With the discovery of new materials and product launches, the region is observed to sustain the position in the upcoming period. In the area, specific usage of HUD helmets varies based on individual country regulations. The rising importance of content marketing in brand strategy fuels the need for precise HUD helmets research and implementation.

Rapid digitalization and mobile-first strategies. Diverse political landscape with varying digital regulations. Rapid economic growth and increasing internet users. Young, tech-savvy population driving digital trends. Rapid adoption of new technologies and mobile internet.

On the other hand, North America is observed to grow at the fastest rate in the HUD helmet market during the forecast period. It has highly adopted advanced technologies, strong e-commerce presence. Stable political environment with supportive digital policies. There is high consumer spending on digital services. Advanced technological infrastructure and innovation hubs.

Market Potential

Integration of technology for motorcycle communication system will offer lucrative opportunity

The integration of 5G technology in the motorcycle helmet is observed to offer a set of promising opportunities to the market. HUD helmets are widely used for enhancing situational awareness and communication in military operations. When advanced technologies are integrated into helmets for navigation and vehicle information display, they offer precise solutions for consumers. Utilized in activities such as motorcycling and cycling for navigation and performance data, the expansion of automotive industry is also observed to support the market’s potential.

HUD Helmet Market Highlights

Report Attribute Key Statistics
Market Revenue in 2024 USD 219.77 Million
Market Revenue by 2033 USD 2,333.75 Million
CAGR 30.02%
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market North America
Base Year 2023
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

HUD Helmet Market News

  • SpaceX recently revealed spacesuit with display inside the helmet. This suit’s helmet is composed of 3D parts that allow astronauts to keep track of the suit's pressure, temperature, and relative humidity without having to glance down at their wrists or take their gaze away from the Earth below. It can also show a mission clock to gauge the duration of various EVA tasks.

Key Features of All-in-One Head-Up-Display Helmets by NUVIZ

  • Statistical Review of riding
  • Designed Wireless Handlebar Controller
  • Hardware with USB Cable
  • Vehicle identification number (VIN) Decoder

Market Segmentation

By Connectivity

  • Tethered
  • Embedded

By Display

  • OLED
  • LCOS
  • LCD & LED

By Technology

  • Conventional HUD
  • AR HUD

By Outer Shell Material

  • Carbon Fiber
  • Kevlar
  • Plastic & Glass Fiber

By Power Supply

  • Rechargeable Batteries
  • Solar-Powered System
  • Vehicle Battery Powered

By End-user

  • Racing Professionals
  • Personal Use

By Function

  • Navigation
  • Communication
  • Performance Monitoring

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