Kayak Trolling Motor Market (2023 to 2029) – Growth, Trends, COVID-19 Impact and Forecast

Kayak Trolling Motor Market was valued at US$ 666.64 Mn in 2022. The Kayak Trolling Motor Market size is estimated to grow at a CAGR of 4% over the forecast period.
Kayak Trolling Motor Market Overview:
The report explores the Kayak Trolling Motor market's segments (Product Type, Thrust of Motors, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2022. The report investigates the Kayak Trolling Motor market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Kayak Trolling Motor market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Kayak Trolling Motor Market Dynamics:
Technological advancements are increasing that is leading to increased sales of Kayak Trolling Motor Market:

There is an increase in leisure activities with fishing activities has been the main activities for the surge of the Kayak Trolling Motor Market. The technological advancement in the boat drive technology is further going to boost the sale of the Kayak Trolling Motor Market. The Kayak Trolling Motor Market manufacturers are offering some special features such as Battery indicating Battery Life, which shows the percentage battery charge. These features are propelling the overall growth of the Kayak Trolling Motor Market Share. There are also some other features of the Kayak Trolling Motor Market are as an adjustable shaft, which allows easy handling and driving. As a result, an enhanced trolling motor shaft is expected to surge the demand of the sales of the kayak trolling motor market during the forecast period. Also, traditional features like high battery backup, lightweight, and good build quality, and some others are enhancing the market growth.

Some enhanced features associated with the Kayak Trolling Motor market:

In today’s time, Kayak Trolling Motor Market is one of the major water sports around the globe. The increasing popularities of kayaking is creating a worldwide demand for kayaks and their equipment in the worldwide market. Moreover, due to technological advancements, the kayak trolling motor market creating a rising demand for kayak products from the customer is shaping the growth of the market positively. These factors are forming a very strong base for the growth of the kayak Trolling Motor Marketing globally during the forecast period. Also, the major market players are focusing on enhancing their product portfolio and also launching new and innovative products that serve the fluctuating demand from the customer in the market. Additionally, the manufacturers of the market are also focusing on upcoming markets for the kayak trolling markets. There is an increase in the recreational activities that are coupled with the activities like fishing as it has been instrumental in driving the market growth. Due to technological advancements, the boat drive technology is expected to drive the market’s sales. Also, the factors like lightweight, battery backups, and good built quality among others are enabling the overall market growth of the kayak trolling motor market during the forecast period.

High cost associated with the Kayak Trolling Motor products manufacturing and the fluctuating demands:

There is a high cost associated with the Kayak Trolling Motor products and the fluctuating customers required are the major troubles of the Kayak Trolling Motor Market. There are high investments required for the manufacturing of the Kayak Trolling Motor products. These are the factors that can restrain the Kayak Trolling Motor market’s growth during the forecast period.
Kayak Trolling Motor Market Trends:
The technological advancement of Kayak Trolling Motor one of the products i.e. boat drive technology is further going to boost the sale of the Kayak Trolling Motor Market. The Kayak Trolling Motor Market manufacturers are offering some special features such as Battery indicating Battery Life, which shows the percentage battery charge. Also, the major market players are focusing on enhancing their product portfolio and also launching new and innovative products that serve the fluctuating demand from the customer in the market There are also some other features of the Kayak Trolling Motor Market are as an adjustable shaft, which allows easy handling and driving. These factors are forming a very strong base for the growth of the kayak Trolling Motor Marketing globally during the forecast period. the factors like lightweight, battery backups, and good built quality among others are enabling the overall market growth of the kayak trolling motor market during the forecast period.
Kayak Trolling Motor Market Segment Analysis:
Based on product types, the Kayak Trolling Market is segmented into Bow Mount, Transom Mount, and Engine mount. The Bow Mount holds the maximum market share of the Kayak Trolling Motor Market as the Bow Mount provides significantly better control when compared to a transom mount motor. This is because a bow mount motor pulls the boat through the water, as opposed to pushing it from behind, and makes steering much more precise. Hence the Bow Mount holds the maximum market share of the Kayak Trolling Motor Market.Based on the Application, the Kayak Trolling Market is segmented into salt saltwater and freshwater. The saltwater segment constitutes the maximum market share of the kayak Trolling Motor Market as Saltwater continues at 97% all over the globe. The saltwater segment is dominating with a maximum percent of surface area, hence Saltwater segment constitutes the maximum market share of the kayak Trolling Motor Market.
Kayak Trolling Motor Market Regional Insights:
The European region held the largest market share accounting for 35% in 2022. Owing to tremendous sales of kayak trolling motors and expanding demand for recreational boating and rising middle-class income. Also, increased fishing activities and technological advancements in boat operation technology. These factors are increasing the sales in the European region.

The North American region is expected to witness significant growth at a CAGR of 4% through the forecast period. This is due to modernization the North American region is investing in the development of recreational boating and fishing activities. These factors are increasing the demand for kayak trolling motors Market.

The objective of the report is to present a comprehensive analysis of the global Kayak Trolling Motor Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Kayak Trolling Motor Market dynamic, and structure by analyzing the market segments and projecting the Kayak Trolling Motor Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Kayak Trolling Motor Market make the report investor’s guide.
Kayak Trolling Motor Market Scope: Inquiry Before Buying



Kayak Trolling Motor Market


 Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US$ 666.64 Mn.


Forecast Period 2023 to 2029 CAGR:
4%
Market Size in 2029:
US$ 877.25 Mn.


 Segments Covered:
by Product
• Bow mount
• Transom mount
• Engine mount


by Type
• Less than 30 lbs.
• 30 – 50 lbs.
• 50 – 70 lbs.
• Above 70 lbs.


by Application
• Saltwater
• Freshwater



Kayak Trolling Motor Market, by Region:
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Kayak Trolling Motor Market Key Players are:
• Newport Vessels
• Johnson Outdoors Inc.
• Jarvis Walker Pty Ltd.
• Torqeedo GmbH
• Seamax Marine
• MotorGuide
• Outsunny
• Haswing USA
• The Coleman Company, Inc.
• Prowler
• Ningbo Haibo Group Co., Ltd.
• MINN KOTA
• Torqeedo GmbH
• Jarvis Walker Pty Ltd.
• Newport Vessels
• Haswing USA
• Marine Tech Products

Frequently Asked Questions:

1) What segments are covered in the Kayak Trolling Motor Market report?
Ans. The segments covered in the Kayak Trolling Motor Market report are based on Product Type, the thrust of motors, And Application

2) Which region holds the highest share in the Kayak Trolling Motor Market?
Ans. The Europe region is expected to hold the highest share in the Kayak Trolling Motor Market.

3) What is the market size of the Kayak Trolling Motor Market by 2029?
Ans. The market size of the Kayak Trolling Motor Market by 2029 is US$ 877.25 Mn.

4) What is the forecast period for the Kayak Trolling Motor Market?
Ans. The Forecast period for the Kayak Trolling Motor Market is 2023-2029.

5) What was the market size of the Kayak Trolling Motor Market in 2022?
Ans. The market size of the Kayak Trolling Motor Market in 2022 was US$ 666.64 Mn.