The article cited AMA's Global Avalanche Air Bags Market Study explored substantial growth with CAGR of 5.9%. According the report, Increasing Avalanche Fatalities to Trigger Adoption of Avalanche Airbags
is one of the primary growth factors for the market. Increasing Popularity of Ski Touring and Freeriding
is also expected to contribute significantly to the Avalanche Air Bags market. Overall, Skiing
applications of Avalanche Air Bags, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Avalanche Air Bags market identified that the demand is rising in many different parts of the world as "Huge Demand from Emerging Countries Owing to Increasing Popularity". Furthermore, some recent industry insights like "In February 2022, ORTOVOX and Arc’teryx, two global leaders in mountain safety equipment and apparel, have teamed up to develop a boundary-pushing new avalanche airbag technology for Winter that is lightweight, intuitive, and reliable. Made possible by a special collaboration, LiTRIC technology enables both brands to produce airbag systems that weigh just 2.4 pounds and feature an electronic system run by supercapacitors and a long-lasting Lithium Ion battery that hold 60 hours of charge for at least two inflations." is constantly making the industry dynamic. One of the challenges that industry facing is "Growing Concern Related higher possibility of avalanche fatalities"
The Distribution Channel, such as Online, is boosting the Avalanche Air Bags market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Avalanche Air Bags market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Avalanche Air Bags market and other related sub-markets covered in the study.
o Key & emerging players in the Avalanche Air Bags market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Avalanche Air Bags market size is calculated using market estimation process, the Avalanche Air Bags market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Avalanche Air Bags market size has been validated using both top-down and bottom-up approaches.