Global Avalanche Safety Gear Market Overview:
There are a vast number of adventure sports activities being conducted across the globe. In order to ensure the safety of participants in such events, the need had been felt to lay down the minimum acceptable standards in terms of equipment. The demand for avalanche safety gear has increased due to the growing adventure tourism industry and the increasing participation rates in adventure sports. Further, the popularity of hard adventure sports activities is gaining momentum worldwide.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
New Product Developments to Enhance User Convenience, Experience, and Safety
Market Growth Drivers:
Increase in Skiing and Snowboarding Activities across the Globe and Growth in the adventure tourism industry
Challenges:
Availability of Counterfeit Product
Restraints:
High Cost and Volatility in Raw Material Prices
Opportunities:
Growing Popularity of Trips to Mountainous Ranges and Increasing Online Sales Channel
Competitive Landscape:
The key player in the avalanche safety gear is largely focusing on new product developments in a bid to improve user convenience, experience, and safety. There are various players are entering this market to capture market growth opportunities.
Some of the key players profiled in the report are Black Diamond (United States), K2 Sports (United States), Mammut (Switzerland), ORTOVOX (Germany), ABS (United States), Arva (United States), Brooks-Range Mountaineering equipment (United States), G3 (United States), HMK (United States) and Stubai (Austria). Analyst at AMA Research see United States Vendors to retain maximum share of Global Avalanche Safety Gear market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Avalanche Safety Gear market. Considering Market by End User, the sub-segment i.e. Snowmobiling will boost the Avalanche Safety Gear market.
Latest Market Insights:
In November, 2021, Black Diamond create a three part Backcountry Beta series partnered with Black Diamond athlete, Mike Barney. This strategic move helped company to increase awareness about company in market
In Jan 2019, Black Diamond Equipment introduces its Fall 2019 product collection showcasing innovations in its snow safety and apparel categories. Its new JetForce Pro avalanche airbag pack is now smaller and lighter than previous JetForce packs and features Bluetooth capabilities for easy updates. In addition to the JetForce Pro, Black Diamond will offer two other avalanche airbag packs for Fall 2019 including the new ultra-light JetForce UL and the current JetForce Tour 26L.
FAA’s Hazardous Materials Regulations state that avalanche rescue backpacks are not allowed in baggage in the U.S. unless the gas cylinder is empty and there is no explosive charge. JetForce Avalanche Airbags do NOT contain a compressed gas cartridge, explosive charges, or an explosive trigger (squib).
What Can be Explored with the Avalanche Safety Gear Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Avalanche Safety Gear Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Avalanche Safety Gear
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Avalanche Safety Gear market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Avalanche Safety Gear market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Avalanche Safety Gear Manufacturers, Raw Material Suppliers, Dealers, Traders, and Distributors, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.