About Kayak Trolling Motor
A kayak is a narrow, compact boat driven by a double-bladed paddle or an electric kayak trolling engine. Kayak trolling motor is the name of the engine that propels the kayak. The kayak trolling motor is an essential piece of kayaking equipment for both sea and freshwater kayaking. A Kayak-based trolling motor, which includes a motor, propeller, and controls, is usually attached to the backside of the kayak to make it easier to drive. The worldwide kayak trolling motor market has been driven by rising leisure activity combined with increasing fishing activity around the world. Customers' increasing demand for better products, combined with advancing technologies in kayak trolling motors, is creating a healthy growth environment for the industry. Manufacturers are also concentrating their efforts on emerging markets for kayak trolling motors, which are likely to offer significant growth potential.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Kayak Trolling Motor market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Newport Vessels (United States), Johnson Outdoors Inc. (United States), Jarvis Walker Pty Ltd (Australia), Torqeedo GmbH (Germany), Seamax Marine (India), MotorGuide(United States), Outsunny(United States), Haswing USA(United States), Marine Tech Products (United States) and The Coleman Company, Inc.(United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Kayak Trolling Motor market by Type (Bow Mount, Transom Mount and Engine Mount), Application (Saltwater and Freshwater) and Region.
On the basis of geography, the market of Kayak Trolling Motor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Thrust of Motors, the sub-segment i.e. Less than 30 lbs will boost the Kayak Trolling Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
LED Light Battery Indicator Features
Market Growth Drivers:
Increased Growth of Adventure Sports. and Increased Importance on Safety and use of Proper Tools
Restraints:
High Cost of Products and Market Limited to a Certain Area
Opportunities:
Growing Investment in R&D of new Products and Growth of the Organized Retail Sector in Developing Countries
Market Leaders and their expansionary development strategies
In October 2023, Johnson Outdoors Inc., a leading global innovator of outdoor recreation equipment and technology, announced that it is exiting its Eureka product lines. The product lines will be available for sale as it winds down operations and plans on fulfilling all customer requirements through the end of 2024.
In January 2021, Traveling farther and covering more water in one day just got easier for kayak anglers. Introducing the NK-180S electric motor by Newport Vessels. This new kayak motor launched today after two years of development with engineers and passionate anglers.
Key Target Audience
Manufacturers of Kayak Trolling Motors, Suppliers of Kayak Trolling Motors, Wholesalers, Distributors and Retailers of Kayak Trolling Motors, Raw Material Providers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.