PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1826636
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1826636
Boat Trolling Motor Market Introduction and Overview
According to SPER market research, 'Global Boat Trolling Motor Market Size- By Thrust Level, By Mounting- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Boat Trolling Motor Market is predicted to reach 1.86 billion by 2034 with a CAGR of 3.13%.
A boat trolling motor is an electrically powered propulsion device that is often mounted on the engine shaft, bow, or stern of a small to medium-sized boat. It's quiet, accurate, and effective movement at slower speeds makes it particularly popular for leisure boating activities like fishing, when control and stealth are crucial. Short-range navigation, precise placement, and keeping a steady course in the water are the key uses for trolling motors, as opposed to outboard motors, which are employed for swift and long-distance transport.
Restraints: A number of obstacles could affect the boat trolling motor market's rate of expansion. The expensive initial cost of high-quality trolling motors is a major obstacle that could put off budget-conscious buyers, especially in underdeveloped nations with inadequate infrastructure and knowledge. Furthermore, electric trolling motors' short battery life and range can be a disadvantage, particularly for larger boats that need to run for longer periods of time.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Thrust Level, By Mounting
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Garmin, Haswing, Lowrance, Mercury Marine, Minn Kota, MotorGuide, Newport Vessels, Power-Pole, Rhino, Torqeedo.
Global Boat Trolling Motor Market Segmentation:
By Thrust Level: Based on the Thrust Level, Global Boat Trolling Motor Market is segmented as; Below 55 lbs, 55 lbs to 100 lbs, above 100 lbs.
By Mounting: Based on the Mounting, Global Boat Trolling Motor Market is segmented as; Bow mount, Transom mount, Engine mount
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.