Avalanche Airbags Market Revenues to Expand at a CAGR of 2.6% During 2018-2028
Verfasser: ashwani_kailiya on Friday, 20 December 2019Fact.MR’s report on Global Avalanche Airbags Market
Global sales of avalanche airbags are likely to total 132,400 units by the end of 2018, up from 129,273 units in 2017. This will represent a market valuation in the excess of US$ 80 million, according to a research study by Fact.MR. Gains will be driven by growing participation in skiing and snowboarding as recreational activities. Focus on safety measures and mainstream media coverage of avalanche mishaps is also driving adoption. According to Colorado Avalanche Information Center, 925 avalanche fatalities have been recorded in the US since 1950. In Europe, Austria has seen avalanche related fatalities toll rise to 37. Fact.MR opines that global demand for avalanche airbags will grow at 2.6% during 2018-2028.
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global Avalanche Airbags market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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