Avalanche Air Bags Market Growth Analyzed
Top Five Companies Account for Over 40% Share of the Overall Avalanche Air Bags Market
Top five companies involved in the manufacturing and distribution of avalanche airbags account for a significant revenue share of the overall avalanche airbags market. ABS Protection GmbH (now a SPIN Capital company), K-2 Sports (Backcountry Access), Mammut Sports Group AG, Arc’teryx and Black Diamond Equipment Ltd. – tier one manufacturers of avalanche airbags – collectively account for more than 40 percent share in the avalanche airbags market. Of these, ABS Protection GmbH and Mammut Sports Group AG are the top two players accounting for 13.2 percent and 10.2 percent share in the market.
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Increasing Skiing and Snowboarding Participation Influencing Sales of Avalanche Airbags
There has been a steady increase in skiing and snowboarding activities across the globe, which is expected to translate into an increase in demand for avalanche airbags. According to NSAA (National Ski Areas Association), 2017-2018 (Q3) timeline reflected participation of about 9.2 million people in skiing and snowboarding million, which is likely to increase in the coming years. Likewise, in EU, participation in skiing is likely to cross 6 million by 2018 end owing to skiing championships held in the region. For instance, the upcoming 2018/2019 Audi FIS Ski World Cup in Austria has attracted more than 200 participants, which is expected to augur well for the growth of the avalanche airbags market.
The report on avalanche airbags market covers detailed portfolio of key participants involved in the manufacturing of avalanche airbags. The competitive landscape section of the avalanche airbags market report covers key aspects such as SWOT analysis, avalanche airbags product portfolio assessment, developments and key strategies. Companies such as ABS Protection GmbH, Black Diamond Equipment Ltd., and Arc’tyrex have been profiled in the report.
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Companies in the avalanche airbags market are largely focusing on new product developments in a bid to enhance user convenience, experience and safety. For instance, Snowpulse has introduced new Highmark avalanche airbags that are incorporated with Snowpulse 3.0 deployment system. These avalanche airbags use both RAS (Removable Airbag System) and PAS (Protection Airbags System).
New acquisitions have taken place in the avalanche airbags marketplace, as new companies are entering the market by acquiring avalanche airbags manufacturers. For instance, SPIN Capital – a financial holding company – acquired 100% of ABS Peter Aschauer GmbH, a market leader in avalanche airbags sector. This acquisition by SPIN Capital was mainly to enter the sports business alongside promoting ABS brand name.
Avalanche airbags are safety gear used while skiing and mountaineering. The avalanche airbags system consists of an airbag incorporated in the backpack, which inflates when the user encounters an avalanche. Avalanche airbags are designed in a way that enhances their functionality of uplifting the user, maintaining his/her position above snow surface. There are different types of avalanche airbags available, including mono and dual avalanche airbags and are used across recreational activities such as skiing, hiking and ski-jumping.
About the Report
The report on “avalanche airbags market forecast, trend analysis and competition tracking – global market insights 2018-2028” is an analytical compilation of various aspects influencing sales of avalanche airbags. The avalanche airbags market report includes various insights on avalanche airbags sales and demand forecasts across key regions in the globe. The 150+ page report on avalanche airbags includes detailed analysis on various dynamics influencing growth in sales of avalanche airbags along with past avalanche airbags sales data, current avalanche airbags scenario and future demand for avalanche airbags for a 10 year timeline (2018-2028).
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The avalanche airbags market is segmented in detail to include very aspect of avalanche airbags and covering all angles of the market. The avalanche airbags market has been segmented on the basis of capacity type, airbag type, activation type, system type, sales channel, application and region. By capacity, avalanche airbags are classified into small (35L).
Avalanche airbags in terms of type are categorized into mono and dual avalanche airbags. In terms of activation, avalanche airbags are segmented by canister/cartridge and electric fan. By system type, avalanche airbags are categorized into integrated, base unit and removable systems. Applications of avalanche airbags are assessed including their use in skiing, hiking and adventure sports. By sales channel, avalanche airbags market is categorized into specialty stores, modern trade channel, sports variety stores, direct-to-customer and third party online channel. The market for avalanche airbags is assessed across regions such as North America, Latin America, Asia Pacific (APAC), Europe and Middle East and Africa (MEA).
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Additional Questions Answered
Apart from the above mentioned findings, the avalanche airbags market report provides answers to additional questions such as:
Which type of avalanche airbags are highly preferred across the globe?
Sales of which capacity of avalanche airbags has recorded a maximum in 2017?
What type of activation system do end users of avalanche airbags prefer the most?
Which region and country reflects higher attractiveness and lucrativeness in the avalanche airbags market?
Which is the most attractive channel for sales of avalanche airbags?
On what applications of avalanche airbags can stakeholders rely on to direct their marketing strategies to enhance avalanche airbags sales?
The report on avalanche airbags market has been designed using a unique combination of primary and secondary research along with information from external sources. The in-depth primary research on avalanche airbags along with extensive secondary research is compiled together with information from external sources such as press releases, company SEC filings, sports magazines, news and university papers. This compiled data is further triangulated to obtain a higher accurate estimate of avalanche airbags market.
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