Global Spinnaker Pole Market Overview:
Spinnaker pole is an aluminum pole of fixed length. The pole has fittings at each end that attach it to the guy and the pole. On smaller boats, (under approximately 35 feet) the ends are the same, allowing the pole to be gybed end for end. The pole is rigged and "flown" on the windward side of the boat. It is used to help shape the chute and hold it in a way to properly use the wind to create lift and power. Some of the key players profiled in the study are Forespar (United States), Seldén Mast AB (Sweden), Ceilidh Composite Technologies B.V. (Netherlands), Offshore Spars Co. (United States), AG+ SPARS (France), Allen Brothers (United States), Axxon Composites (Romania), Competition Composites Inc. (Canada), CST Composites (Australia), Hall Spars (Netherlands) and Heol Composites (France).
On the basis of geography, the market of Spinnaker Pole 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 Material Type, the sub-segment i.e. Aluminum will boost the Spinnaker Pole market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand from Professional Sports
- Growing Demand of Marine Support Equipments
Market Trend
- Safety Aspects of Spinnaker Pole
Restraints
- High Cost of Spinnaker Pole
Opportunities
- Advancement in Spinnaker Pole Manufacturing
Challenges
- Fluctuations in Raw Material Prices
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 competitive advantage through combined synergies.
Target Audience:
Manufacturers of Spinnaker Pole, Suppliers of Spinnaker Pole, Wholesalers, Distributors and Retailers of Spinnaker Pole, Marine Industry and Governmental Bodies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Spinnaker Pole market on the basis of product [Carbon Pole, Tapered Pole and Parallel Pole] , application [Symmetrical Spinnakers and Asymmetrical Spinnakers], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Spinnaker Pole market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Spinnaker Pole industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Spinnaker Pole market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.