The Helment manufacturing industry is growing with increase in consumer spending and demand for safer helmets due to rising number of road accidents in India, sales of bike helmets are forecast to continue growing across the country in the coming years. It is illegal in India to drive a two-wheeler without wearing a helmet, after the recent amendment of Motor Vehicle Act, and a commuter caught driving without a helmet is fined INR 1,000 (instead of old INR 100).Every year, more than 20 Million two-wheelers are sold in India, indicating the prowess of India’s helmet industry. There is a lot of scope for growth and success for startups in the ever-rising helmet market in India.
A helmet is a form of protective gear worn to protect the head. More specifically, a helmet complements the skull in protecting the human brain. Ceremonial or symbolic helmets without protective function are sometimes worn. Soldiers wear combat helmets, often made from Kevlar or other lightweight synthetic fibers. The Helmet is used in dangerous work activities such as construction, mining, riot police, military aviation, and in transportation for e.g. motorcycle helmets and bicycle helmets. Full-face helmets are the top choice for commuters because they provide complete protection in various weather conditions. Open-face helmets follow; they are popular among female riders and are the go-to choice in states where pillion rider helmet use is mandatory. Helmet shell design, color, and graphic options are key considerations in a purchase decision today. Smart helmets are fitted with sensors and other mounted tools that capture data and details as well as assist people. They are primarily being used by construction workers and firefighters, aside from those used by motorcyclists and bicyclists. These helmets are made up of video cameras and GPS mapping devices that assist users. A smart type of helmet may be wired to the internet to conduct a broad variety of tasks, such as traffic monitoring, GPS navigation built-in headphones, and even a heart rate monitor. It features a durable inner coating that is reinforced during an accidental scenario and is built to include full protective precautions, including delivering an instant alert to friends and relatives in critical situations with a simple click of a button.
Two-wheeler helmets are used by motorcycle and scooter riders. The primary goal of two-wheeler helmet is to protect the rider’s head during impact, thereby preventing or reducing head injury and saving the rider’s life. India being the world’s biggest two-wheeler market is also the biggest market for scooter and motorcycle helmets. There are 20 Million two-wheelers sold annually and more than 250 Million two-wheeler plying on Indian roads. Therefore, India helmet market is world’s biggest. India being the world’s biggest two-wheeler market is also the biggest market for scooter and motorcycle helmets. After sales reached a peak in 2018 with 21 Million unit sales, the sales dropped for 2 straight years drastically and ended at 18.5 M units in 2019 and 13.9M units in 2020.
There are more than 250 Million two-wheelers playing on Indian roads. Therefore, India helmet market is world’s biggest. The increased focus on decreasing cell phone use while riding has provided a significant opportunity for the development and sale of creative, feature-rich, and advanced smart helmets. Growing product uptake among bike riders, combined with rising motorcycle sales, is expected to provide considerable market growth prospects in the near future. The smart helmets market is growing due to rising safety and security concerns, as well as technological improvements in smart gadgets. It has been reported head injuries are the leading cause of death among motorcyclists. Increased motorcycle manufacturing, along with an increase in the number of people dying as a result of head injuries, will drive demand for sophisticated safety equipment such as the smart helmet around the world.
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