Press release
Avalanche Airbags Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis by 2028
The global avalanche airbags market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028).Avalanche airbags are the safety equipment or systems that keep the user on the surface during an avalanche. The major factor attributing to the growth of the global avalanche airbags market includes the increasing application of avalanche airbags due to the growing adventure tourism industry across the globe. According to an article published by the World Travel Trade Association (ATTA) in August 2021, the global adventure tourism industry generated around $112 billion in 2020. It is estimated that the global adventure tourism industry will generate $1,169.09 billion by 2028. Thus, increasing the demand for avalanche airbags by the people interested in snow adventure sports.
Click Here to Get a Free Sample Report of the Avalanche Airbags Market @ https://orionmarketreports.com/request-sample/?id=112054&submit=Request+Sample%0D%0A
The application of avalanche airbags is also increasing by sportspersons due to the advantages provided by avalanche airbags. These advantages include bringing the person on top of the surface in case of an avalanche, creating an air pocket for respiration if a person gets buried under the snow, and many others. Thus propelling the growth of the global avalanche airbags market.
Get 15% Discount on Buying this Report: https://orionmarketreports.com/request-discount/?id=112054&submit=Request+Discount
The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instances-
• In July 2021, Arcteryx, a provider of high-performance outdoor equipment expanded its service of climbing, skiing, and alpine technologies by opening a new retail store in New York City.
• In July 2021, Mammut, a Swiss-based premium outdoor equipment manufacturer has been awarded the "German Prize for Sustainability Projects 2021". Mammut secured the place and became the winner in the "Recycling Process" category due to its circular economy project called "Close the Loop".
• In December 2020, ABS Peter Aschauer GmbH, a German-based safety equipment manufacturer of adventure sports partnered with Hotel Adula located in the freeride destination of LAAX, Switzerland. With this partnership, ABS Peter Aschauer will provide its safety equipment including avalanche airbags for the tourist & visitors of LAAX, Switzerland.
A full report of Global Avalanche Airbags Market is available at: https://orionmarketreports.com/avalanche-airbags-market/112054/
Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Black Diamond Equipment Ltd., ABS Peter Aschauer GmbH, Mammut Sports Group AG, Backcountry.com LLC, and Ortovox Sportartikel GmbH, among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Avalanche Airbags Market Report by Segment
By Type
• Canister-Based Airbags
• Fan-Based Airbags
By Application
• Skiing
• Mountaineering
• Hiking
• Other Snow Activities
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Avalanche Airbags Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis by 2028 here
News-ID: 2646040 • Views: …
More Releases from Orion Market Reports
Module Power Supply Market to see Huge Growth by 2031
The Module Power Supply Market is experiencing substantial growth, fueled by increasing demand for efficient, compact, and reliable power solutions across a wide range of industries. These power supplies, which convert electrical power to a suitable form for specific applications, are essential in sectors like telecommunications, automotive, medical devices, and consumer electronics. With technological advancements and rising energy efficiency needs, the market is expected to continue expanding, driven by innovations…
Plasma Spray Guns Market to see Rapid Growth by 2031
The Plasma Spray Guns Market is witnessing significant growth, driven by the rising demand for surface coating and thermal spray applications across industries such as aerospace, automotive, manufacturing, and electronics. Plasma spray guns are widely used for depositing coatings on substrates to enhance their properties, including wear resistance, corrosion resistance, and thermal protection. As industries continue to focus on improving product performance and durability, the plasma spray gun market is…
Plasma Surface Treatment Machine Market Will Generate Record Revenue by 2031
The Plasma Surface Treatment Machine Market is witnessing significant growth as industries increasingly adopt plasma surface treatment technology for enhancing the properties of materials. Plasma surface treatment machines are used to modify the surface characteristics of materials like metals, plastics, and ceramics, offering improvements in adhesion, corrosion resistance, and wear resistance. As the demand for advanced surface treatments rises across automotive, electronics, packaging, and manufacturing sectors, the market for plasma…
Plasma Torch Market Value Projected to Expand by 2031
The Plasma Torch Market is experiencing rapid growth, driven by the increasing demand for high-precision cutting and welding technologies in industries such as manufacturing, automotive, aerospace, and construction. Plasma torches are essential tools in thermal cutting applications, offering fast and accurate cuts on various materials, including metals, plastics, and composites. With advancements in plasma cutting technology and the growing need for energy-efficient solutions, the market for plasma torches continues to…
More Releases for Airbags
Front Airbags: The Cornerstone of Safety and Opportunity in the Automotive Airba …
The automotive airbags market is a critical pillar of vehicle safety, constantly evolving to meet increasingly stringent safety regulations and consumer demands. Within this vital sector, the front airbag segment remains a high-opportunity area, serving as the foundational safety feature in virtually every modern vehicle.
Market Dynamics and Growth Drivers
Front airbags, designed to protect drivers and front passengers in frontal collisions, have become indispensable safety components. Their ability to mitigate severe…
Airbags and Vehicle Electrification: Integration and Compatibility
According to a new report published by Allied Market Research, titled, "Airbag Market," by Module, by Type, by Vehicle Type, by Material, by Sales Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030," The airbag market was valued at $27.6 billion in 2020, and is estimated to reach $47.0 billion by 2030, growing at a CAGR of 5.7% from 2021 to 2030.
An airbag is a vehicle safety device consisting of a…
Automotive Airbags and Seatbelts Market Forecast to 2028 COVID-19 Impact and Glo …
The "Global Automotive Airbags and Seatbelts Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive airbags and seatbelts market with detailed market segmentation by airbags type, seatbelts type, vehicle class, and geography. The report provides key statistics on the market status of the…
Automotive Side Airbags Market Trends and Dynamic 2028
Automotive Side Airbags Market Introduction
Automotive side airbags are inflatable devices deployed in automobiles to protect occupants or passengers and the driver from head and chest injuries in a side-impact crash. Previously, automotive side airbags were limited to premium and luxury cars. However, growing awareness about automotive safety features is increasing needs for automotive side airbags in mid-range or entry-level vehicles. Furthermore, many governing bodies across the world have imposed rules…
Automotive Airbags & Seatbelts Market - Opportunities and Challenges
The Automotive Airbags & Seatbelts Market is estimated to be USD 55.77 billion in 2017 and is projected to reach 135.43 billion by 2025, at a CAGR of 11.97% during the forecast period. Increasing demand for safe, more efficient driving experiences, and growing stringency of safety regulations across the globe are playing a key role for driving airbags & seatbelts market. The base year considered for the study is…
Avalanche airbags Market: Competitive Dynamics & Global Outlook 2024
Market Research Report Store offers a latest published report on Avalanche airbags Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Avalanche Airbags market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 253.3 million by 2024, from US$ 200.1 million in 2019. In…
