Splitboard Binding Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Splitboard Binding Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Retail

Report Description

Splitboard bindings are designed specifically for cross-country or touring usage, and these bindings are usually lighter and more robust than regular snowboard bindings. Materials such as carbon fiber and aircraft-grade aluminum are utilized in manufacturing the binding in order to improve robustness and reduce weight. These kind of splitboard bindings allow increased range of motion while going upwards, and low profile designs to reduce hang ups when stepping down. Splitboard bindings allow to lock the heel and skate, and allow a user to ride easily. Ease of usage, price, and overall performance are key features that individuals are likely to consider while buying a splitboard binding. Splitboard bindings can function in diverse terrain and snow conditions.

The various types of splitboard bindings include baseplate, high back, straps, heelcup, and chassis. The baseplate on splitboard bindings needs to be light in weight. Most baseplates are cored out or laser cut to offer the rider optimum board feel and performance at considerably low weight. High back materials are expected to differ, depending upon the particular binding model; however materials such as carbon fiber, dupont zytel, and fiberglass are common. Splitboard high backs should be lightweight, supportive, and easy to control for a person to get the finest performance in both touring and riding modes. Splitboard binding straps differ from traditional binding straps in terms of weight and interference. The toe strap appears thin and is less bulky than the regular bindings in order to reduce weight. However, the modern bindings enable locking of the feet on the board. The heelcup and chassis are connected to the baseplate, straps, and high back to keep the binding together. Standard snowboard bindings are often made of nylon/carbon material, as compared to Splitboard bindings, which are typically made of aluminum/titanium in order to achieve maximum strength and reduce weight.

Expansion of the splitboard binding market is fueled by factors such as rising interest of people in adventure sports all over the world and the comfort and versatility that bindings provide. Splitboard bindings are lightweight and easier to maneuver when hiking/touring. All the factors mentioned above are boosting the splitboard binding market. Major restraining factors for the splitboard bindings market include high cost and complexity of splitboard bindings. Spiltboard bindings which are designed for mounting on and ski stance and snowboard stance are expected to provide substantial opportunities to the market in next few years.

The Splitboard binding market can be segmented based on riding style, end-user, type, and region. Based on riding style, the market can be segregated into free ride, all mountain, and type II. In terms of end-user, the Splitboard binding market can be classified into men, women, boys, and girls. Based on type, the market can be segregated into hardboot and softboot. In terms of region, the market can be segmented into South America, Asia Pacific, Europe, North America, and Middle East & Africa (MEA). Europe and the Americas are estimated to hold major shares of the global Splitboard binding market. The market in these regions is expanding, as people in these regions are more inclined toward adventurous sports on weekends and holidays.

Key players operating in the global Splitboard binding market include Splitboardmag, Union Binding Company, Voilé Manufacturing, Burton Snowboards, Karakoram, Spark R&D, Phantom Splitboard Bindings, SPLITBOARDING.EU, Splitsticks, and SP Bindings. Key players are implementing advanced features in their current products in order to remain competitive in the market. Moreover, the companies are focusing on offering advanced features to the customer at the same cost in order to maintain customer base in the near future.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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