Global sales of avalanche airbags are likely to total 132,400 units by the end of 2018, up from 129,273 units in 2017. This will represent a market valuation in the excess of US$ 80 million, according to a research study by Fact.MR.
Gains will be driven by growing participation in skiing and snowboarding as recreational activities. Focus on safety measures and mainstream media coverage of avalanche mishaps is also driving adoption. According to Colorado Avalanche Information Center, 925 avalanche fatalities have been recorded in the US since 1950. In Europe, Austria has seen avalanche related fatalities toll rise to 37.
To provide an in-detailed analysis of the potential opportunities, the research report takes into consideration of the several growth factors across different regional segments. The important geographical segments of the global avalanche airbags market are as follows:
- North America
- Latin America
The detailed research report on the global avalanche airbags market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market. The report also offers an in-depth analysis of how the projected growth factors will shape the market dynamics in the coming years of the forecast period. Moreover, it also gives meaningful as well as actionable insights on the key trends that are developing the current market scenario and which will be lucrative for the future of the global avalanche airbags market.
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The research report on the global avalanche airbags market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market. Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into. To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global avalanche airbags market. Some of the key players mentioned in the research report are
- K-2 Sports
- Black Diamond Equipment
- The North Face
- Osprey Packs
- Mystery Ranch
- Scotts Sports
The research study profiles avalanche airbag manufacturers, supply-chain players, and other stakeholders in this market. The product strategies, historical sales, and future projections are included in the study. Innovation and extension of safety features is a prime focus area for manufacturers. Inclusion of removable airbag system and protection airbags system, combined with addressing current limitation of avalanche airbags is a key focus area for manufacturers.
Increasing the number of deployments per battery charge is another focus area for manufacturers. Lightweighting and improved protection against trauma are among other key innovations in avalanche airbags that are likely to gain traction in the near future.
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