Data Bridge Market research has recently released expansive research titled "Global Avalanche Airbags Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Avalanche Airbags market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Avalanche Airbags market report.
Market Analysis and Insights of Avalanche Airbags Market
Data Bridge Market Research analyses that the global avalanche airbags market will project a CAGR of 8.20% for the forecast period of 2022-2029. Growth and expansion of fast moving consumables goods industry especially in the developing economies, rising fondness among the youngsters to participate in adventure sports globally, growing awareness about the various brands and increasing personal disposable income are the major factors attributable to the growth of avalanche airbags. Therefore, the avalanche airbags market value, which was USD 201 million in 2021, would rocket up to USD 408.54 million by 2029.
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From the name itself, it is clear that the avalanche airbags are the safety gears that are used by the mountaineers to carry the backpack and survive in case of avalanche. Wearing an inflated avalanche airbag has proven to improve the survival rate by 50%.
Surging number of mountaineers, trekkers, and adventure enthusiasts and rising number of product innovations are the major factors fostering growth of the market. Rising awareness about the need to adopt airbags for safety purposes and surging number of fatalities will further create lucrative growth opportunities for the market. Rising number of offline distribution channels, growing number of celebrity brand endorsements and increasing penetration of e-commerce platforms are other important factors bolstering the market growth rate.
Key Market Players mentioned in this report: Mammut Sports Group AG, ABS, Amer Sports, Backcountry Access EU, Black Diamond Equipment, Ltd, NIC IMPEX, SAS., ORTOVOX Sportartikel GmbH, Osprey Packs, Inc., SCOTT Sports SA., THE NORTH FACE, Dakine, Osprey Packs, Inc., MYSTERY RANCH BACKPACKS, Millet SA, MOTORFIST., Deuter Sport GmbH, Clarus Corporation., Nike, Inc., Under Armour, Inc. and ASICS Asia Pte. Ltd.,
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Segmentation:- Avalanche Airbags Market
The avalanche airbags market is segmented on the basis of airbag type, activation type, system type, airbag size, price, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of airbag type, the avalanche airbags market is segmented into mono avalanche airbags and dual avalanche airbags.
- On the basis of activation type, the avalanche airbags market is segmented into canister/ cartridge powered avalanche bags and electric fan powered avalanche bags.
- On the basis of system type, the avalanche airbags market is segmented into integrated, base unit and removable systems.
- On the basis of airbag size, the avalanche airbags market is segmented into below 25 litres, between 25 - 35 litres, and Above 35 litres.
- On the basis of price, the avalanche airbags market is segmented into low [below US$ 500], medium [US$ 500 - US$ 800], and high [above US$ 800].
- On the basis of application, the avalanche airbags market is segmented into skiing, climbing, hiking, snowboarding, split boarding, snowmobile, and others.
- The avalanche airbags market is segmented in terms of market value, volume, market opportunities, and niches into multiple distribution channel. The distribution channel segment is segmented into online distribution channel, and offline distribution channel. Offline distribution channel has been further segmented into shopping mall, chain specialty store, sports variety stores and others. Online distribution channel has been further segmented into e-commerce platforms and company owned websites.
Avalanche Airbags Market, By Region:
The avalanche airbags market is segmented on the basis of airbag type, activation type, system type, airbag size, price, application and distribution channel.
The countries covered in the avalanche airbags market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America is dominating the market and will continue to owing to the rising popularity of winter sports among millennial and rise in consumer spending capacity to buy products that improve the safety quotient. Asia-Pacific will continue to undergo substantial gains during the forecast period and score the highest growth rate owing to the increased presence of consumer willingness to spend on recreational sports and improving personal disposable income.
The country section of the avalanche airbags market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Reasons to Consider This Report:
- Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Avalanche Airbags
- The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
- The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Avalanche Airbags Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
- Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Queries Resolved In This Report:
- Which will be the specialties at which Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own economy out and out and furthermore for each portion inside?
- Which will be the application and sorts and estimate joined intently by makers?
- What will be the dangers that will attack growth?
- The length of the global market opportunity?
- How does Market share advance vacillations their value from various assembling brands?
Table of Contents: Global Avalanche Airbags Market
Introduction
Market Segmentation
Executive Summary
Premium Insight
Market Overview
Covid-19 Impact on Avalanche Airbags in Healthcare Industry
Global Avalanche Airbags Market, by Product Type
Global Avalanche Airbags Market, by Modality
Global Avalanche Airbags Market, by Type
Global Avalanche Airbags Market, by Mode
Global Avalanche Airbags Market, by End User
Global Avalanche Airbags Market, by Geography
Global Avalanche Airbags Market, Company Landscape
Swot Analysis
Company Profiles
Questionnaire
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Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-avalanche-airbags-market
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