Kayak Trolling Motor Market: Overview
To operate kayak manually or with paddle has been termed as considerably tedious for which drivability of kayak in a more convenient manner as well as high degree of travel speed for kayaks has been desired by the end users. To address this criteria, installation of trolling motors has been sought by the kayak operators. A Kayak based Trolling motor is generally attached to the rear side of Kayak in order to ease in drive that features a motor, propeller, and controls. Moreover, trolling motor does not create very large sound like large propeller engine, therefore these motors are consider as very economic for water aquaculture. The trolling motor attached kayak can easily operate through remote without any difficulties.
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In the global kayak trolling motor market, leading players are striving to roll out high performance, low in energy consumption kayak trolling motor at an affordable price. Moreover, leading manufacturers are listing its product in online websites such as Amazon, Industry buying, among others, in a bid to foray in the competitive market.
Kayak Trolling Motor Market: Dynamics
Increasing recreational activity coupled with significant fishing activity around the world has been instrumental in driving the global kayak trolling motor market over a considerable time since inception. Furthermore, technological advancement in boat drive technology is also expected to result in sales upsurge of kayak trolling motor market during the forecast period.
Kayak trolling motor manufacturer are providing innovative features such as LED light battery indicator which shows the percentage battery, in a bid to take a mark position in the competitive kayak trolling motor market. Moreover, this technology is opted by most of the manufacturer to withstand in the global competition. Most of the kayak trolling motor’s leading manufacturers are also providing adjustable shaft with kayak trolling motor, which provides easy driving and handling therefore increasing eclectic innovations in the trolling motors shaft is estimated to fillip the global sales of kayak trolling motor market in the coming decades. Furthermore some vital properties of kayak trolling motor for instance high battery backup, lightweight, good built quality, among other are also enabling the growth of the kayak trolling motor in the respective business territories.
Instead of benefits of kayak trolling motor, after installation of trolling motor overall weight of the kayak will increase which in turn is expected to increase the overall efficiency of kayak as well as can also affect the speed of kayak owing to trolling motor are attached with battery, shaft, among other.
Kayak Trolling Motor Market: Regional Outlook
Europe is expected to grow with vital share in the global kayak trolling motor market attributed to increasing demand for recreational boating coupled with rising income of middle class population over the coming years. North America is representing sizable potential for the global kayak trolling motor due to increasing fishing activities coupled with technological advancement in the boat operation technology which in turn is projected to provide positive potential to the global kayak trolling motor market over the stipulated time period. Asia Pacific region is anticipated to grow with relatively sluggish growth rate in the kayak trolling motor market. However, China and India are estimated to grow with healthy growth rate due to penetration of automation in the motor drive technology in the coming decades. Middle East & Africa region is radiating significant potential for kayak trolling motor market in consequence of growing marine industry which in turn provide a spike to the sales of kayak trolling motor over the assessment period.
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Kayak Trolling Motor Market: Key Participants
The global kayak trolling motor market is characterized as consolidated owing to presence of limited manufacturer. However, some of the participants are identified across the value chain:
- Ningbo Haibo Group Co., Ltd.
- MINN KOTA
- Torqeedo GmbH
- Jarvis Walker Pty Ltd.
- Newport Vessels
- Haswing USA
- Marine Tech Products