Kayak Trolling Motor Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0186603
  • Format: Electronic (PDF)
  • Number of Pages: 219
  • Author(s): Joshi, Madhavi

Report Overview

The Kayak Trolling Motor Market size was estimated at USD 450 million in 2023 and is projected to reach USD 1.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 18.50% during the forecast period (2024-2030).

Kayak Trolling Motor Market

(Market Size)
$450 million
$1.5 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 18.50%
2023 Market Size USD 450 million
2030 Market Size USD 1.5 billion
Key Players Minn Kota, Newport Vessels, Watersnake, Haswing, MotorGuide

Market Summary

The kayak trolling motor market represents a specialized segment within the broader marine and automotive transportation industry, catering primarily to the growing community of kayak anglers and outdoor enthusiasts. This market focuses on the development, manufacturing, and distribution of electric motors specifically engineered for kayak propulsion. These motors are designed to enhance the kayaking experience by providing hands-free operation, improved maneuverability, and extended range, allowing users to cover greater distances with less physical exertion. The increasing popularity of kayak fishing as a recreational activity is a fundamental driver for this niche market. Manufacturers are continuously innovating to produce lightweight, efficient, and powerful motors that integrate seamlessly with various kayak designs. The market is characterized by a blend of established marine propulsion companies and specialized newer entrants, all competing on factors such as battery life, thrust power, ease of installation, and overall durability. The adoption of advanced materials and brushless motor technology is a key trend, aimed at reducing weight and increasing operational efficiency. The market's evolution is closely tied to trends in outdoor recreation and the broader push towards electrification in the marine sector, positioning it for sustained interest and development.

Key Highlights

The kayak trolling motor market is distinguished by several critical highlights that underscore its dynamic nature and technological progression. A primary highlight is the significant shift towards brushless motor technology, which offers users enhanced efficiency, greater reliability, and longer operational life compared to traditional brushed motors. This technological advancement results in less power consumption for equivalent thrust, directly translating to longer battery life on the water. Another key highlight is the intense focus on integration and user experience. Leading products are designed for tool-free mounting systems, universal compatibility with a wide array of kayak models, and intuitive wireless remote control operation, providing unparalleled convenience. The market is also witnessing a trend towards modular systems where the motor, battery, and control unit are offered as integrated packages, simplifying the purchasing process for consumers. Furthermore, the emphasis on durability and corrosion resistance is paramount, with manufacturers utilizing high-grade materials like composite plastics and anodized aluminum to ensure product longevity in harsh marine environments. The competitive landscape is another highlight, featuring active participation from both dedicated kayak accessory brands and major players in the fishing and marine industry, fostering a healthy environment of innovation and product diversification.

Drivers, Opportunities & Restraints

The growth trajectory of the kayak trolling motor market is influenced by a distinct set of drivers, opportunities, and restraints. A powerful driver is the surging global interest in recreational fishing and kayaking, which has expanded the consumer base seeking to enhance their on-water capabilities and efficiency. The proliferation of social media and fishing tournaments has further popularized the use of powered kayaks, creating a aspirational demand for trolling motors. Concurrently, the overarching trend towards electrification across the transportation sector provides a supportive macro-environment, encouraging innovation in battery technology and electric propulsion. A significant opportunity lies in technological convergence, such as integrating GPS and chartplotter functionalities directly into motor control systems, creating smart, connected propulsion solutions. The development of more affordable and entry-level products also presents an opportunity to tap into a broader market segment. However, the market faces notable restraints. The high cost of advanced trolling motor systems can be a barrier to entry for some enthusiasts. Regulatory frameworks concerning the use of motorized vessels, which can vary significantly by region and body of water, also pose a challenge and may limit usage in certain areas. Additionally, the limited energy density of current battery technology restricts runtime, representing a key area for future innovation to overcome.

Concentration Insights

The concentration of the kayak trolling motor market reveals a competitive arena with a mix of established marine industry giants and agile, specialized firms. The market is not dominated by a single entity but is rather fragmented, with several key players holding significant shares. These leading companies have built strong brand recognition and distribution networks within the fishing and outdoor recreation sectors. Their dominance is often reinforced by extensive product portfolios that cater to various price points and performance requirements, from basic transom-mounted models to sophisticated integrated bow-mount systems with spot-lock technology. Alongside these established players, there is a vibrant presence of smaller companies and startups that concentrate exclusively on the kayak segment. These niche players often compete through innovation, offering unique mounting solutions, ultra-compact designs, or direct-to-consumer sales models that provide competitive pricing. Geographically, product development and manufacturing activities are concentrated in regions with strong marine industries, but the consumer base is global, driven by widespread interest in kayak fishing. This structure fosters continuous competition, driving advancements in product features, durability, and user-centric design.

Type Insights

The kayak trolling motor market is segmented by type, primarily distinguished by mounting style and motor technology, which directly influence performance and application. The main types include transom-mounted motors and bow-mounted motors. Transom-mounted motors are the most common and universally compatible type. They are attached to the stern (back) of the kayak and are generally easier to install and remove. They are favored for their simplicity and cost-effectiveness, making them a popular choice for beginners and those with a diverse range of kayaks. Bow-mounted motors are fixed to the front of the kayak and are often associated with more advanced systems. This placement allows for superior maneuverability and control, as it pulls the kayak through the water rather than pushing it, enabling precise positioning which is critical for anglers. In terms of motor technology, the market is divided into brushed and brushless motors. Brushed motors are a traditional, more economical option but tend to be less efficient and have a shorter lifespan due to physical wear on the brushes. Brushless motors represent the technological forefront, offering higher efficiency, greater power-to-weight ratios, longer life, and quieter operation, albeit at a higher initial cost.

Application Insights

Application insights for the kayak trolling motor market are predominantly centered on recreational fishing, which is the primary use case driving demand. Kayak anglers utilize trolling motors to maintain position in current or wind, silently maneuver into ideal fishing spots without spooking fish, and cover large bodies of water without the fatigue associated with paddling. This application demands motors with features like precise speed control, quiet operation, and often, anchoring functions such as GPS spot-lock. Beyond fishing, there is a growing application in recreational touring and exploration. Kayakers who are not exclusively fishing use trolling motors to extend their range on lakes, rivers, and coastal waters, making longer trips more accessible and enjoyable. This user group often prioritizes factors like battery life, ease of use, and overall weight. A smaller but notable application exists within the realms of photography, wildlife observation, and hunting, where silent and stable propulsion is necessary to approach subjects without disturbance. The requirements across these applications vary, influencing product design towards versatility, with manufacturers developing systems that can be adapted for multiple recreational purposes beyond just angling.

Regional Insights

Regional demand for kayak trolling motors exhibits clear patterns influenced by geography, culture, and economic factors. North America represents the largest and most mature market, driven by a deeply ingrained culture of recreational fishing and a vast network of lakes, rivers, and coastal waterways. The United States, in particular, is a hub of innovation and consumption, with a high density of manufacturers and a very active consumer base. Europe follows as a significant market, with strong demand in countries like the United Kingdom, Germany, and Scandinavia, where kayaking and outdoor activities are popular. The European market often emphasizes compact and portable designs due to the types of water bodies commonly used. The Asia-Pacific region is identified as a high-growth market, with increasing disposable income and growing interest in western-style recreational fishing, particularly in Australia, Japan, and South Korea. Markets in South America and other regions are emerging, with growth potential linked to economic development and the expansion of tourism and outdoor recreation industries. Regional regulatory differences regarding the use of motorized watercraft also play a crucial role in shaping market dynamics and product adoption rates.

Company Insights

The competitive landscape of the kayak trolling motor market features a roster of companies ranging from large corporations with diverse marine portfolios to specialized firms focused solely on kayak accessories. Minn Kota, a brand under Johnson Outdoors, is a preeminent leader known for its high-quality, innovative motors with features like iPilot GPS integration and Spot-Lock technology. Newport Vessels has carved out a significant position by offering a range of powerful and affordable motors, appealing to a broad segment of the market. Motorguide, another established brand, is recognized for its durable and efficient designs, often competing directly with Minn Kota. Beyond these majors, companies like Bixpy and Haswing have gained traction by focusing on niche innovations, such as ultra-compact jet-driven motors or value-oriented brushless options. These players compete intensely on product features including thrust power, battery efficiency, control systems, and mounting solutions. The strategic focus for most companies involves continuous research and development to enhance motor performance, reduce weight, and integrate smart technologies, while also expanding their distribution channels to reach a global audience of kayak enthusiasts.

Recent Developments

The kayak trolling motor market has witnessed several pivotal recent developments highlighting its innovative and rapidly evolving nature. A prominent trend is the accelerated integration of digital technology and connectivity. New product launches increasingly feature wireless remote controls with extended range, Bluetooth connectivity for smartphone app integration, and advanced GPS functionalities for features like automated anchoring and route tracking. There has been a marked industry-wide shift towards brushless motor technology across all price segments, driven by consumer demand for greater efficiency and longevity. Manufacturers are also focusing on sustainability, with developments in battery technology, including the adoption of Lithium Iron Phosphate chemistry, which offers improved safety and more charge cycles compared to traditional lead-acid or other lithium-ion batteries. Furthermore, design developments have led to more lightweight and compact motors without sacrificing power, improving portability and ease of use. Strategic partnerships and acquisitions have also been observed, as larger marine companies seek to acquire innovative startups to bolster their technology portfolios and capture a larger share of the growing kayak accessory market.

Report Segmentation

This comprehensive market report on the kayak trolling motor industry is meticulously segmented to provide a detailed and granular analysis of the market dynamics. The segmentation is structured along several key axes to cater to strategic business decision-making. The report is first segmented by type, providing in-depth analysis and forecasts for transom-mounted trolling motors and bow-mounted trolling motors, detailing the adoption trends, technological advancements, and consumer preferences unique to each category. Further segmentation is conducted by application, distinctly analyzing the demand and specific product requirements for recreational fishing versus general recreational use, which includes touring and exploration. The report also includes a critical segmentation by motor technology, examining the market for brushed DC motors and brushless DC motors, highlighting the shift towards the latter. Geographically, the report offers a thorough regional analysis, breaking down the market into key regions and major countries within each region to identify growth hotspots, regulatory landscapes, and competitive environments. This multi-faceted segmentation allows stakeholders to pinpoint opportunities and challenges within very specific niches of the overall market.

FAQs

What is the best trolling motor for a kayak? The best trolling motor depends on individual needs such as kayak type, desired features, and budget. Key considerations include thrust power for your kayak's weight, battery life, mounting system compatibility, and preferred control method like hand-operated tiller or wireless remote.

How do you mount a trolling motor on a kayak? Mounting typically involves attaching a motor bracket to the kayak's stern for transom mounts or the bow for bow mounts. Many modern systems are designed for tool-free installation using quick-release clamps or rails specifically engineered for kayak compatibility, ensuring a secure and stable fit.

What is the difference between a brushed and brushless trolling motor? Brushed motors use physical carbon brushes to transfer power, are generally less expensive but less efficient and have a shorter lifespan. Brushless motors use an electronic controller, offering higher efficiency, more power, longer life, and quieter operation, though at a higher initial cost.

How long does a kayak trolling motor battery last? Battery runtime varies significantly based on motor thrust setting, battery capacity (Ah), water conditions, and kayak load. On average, a fully charged battery can last anywhere from a few hours to a full day of intermittent use. Lithium batteries typically offer longer runtimes and more cycles than lead-acid.

Can you use a regular trolling motor on a kayak? While possible, regular trolling motors designed for larger boats are often too heavy, powerful, and difficult to mount on a kayak, potentially affecting stability. It is highly recommended to use a motor specifically engineered for kayaks to ensure proper weight distribution, compatibility, and safety.

What is spot lock on a trolling motor? Spot lock is an advanced GPS-enabled feature that automatically maintains the kayak's position over a specific waypoint. It uses the motor to counteract wind and current, allowing the angler to stay on a productive fishing spot without manually operating the motor, greatly enhancing convenience and effectiveness.

Citius Research has developed a research report titled “Kayak Trolling Motor Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Kayak Trolling Motor Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Kayak Trolling Motor Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Kayak Trolling Motor Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Kayak Trolling Motor Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Kayak Trolling Motor Market
• Research Methodology
• Executive Summary
• Market Dynamics of Kayak Trolling Motor Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Kayak Trolling Motor Market
• Cost and Gross Margin Analysis of Kayak Trolling Motor Market
• Kayak Trolling Motor Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Kayak Trolling Motor Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Kayak Trolling Motor Market Key Stakeholders

Below are the key stakeholders for the Kayak Trolling Motor Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Kayak Trolling Motor Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Kayak Trolling Motor Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Kayak Trolling Motor Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Kayak Trolling Motor Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Kayak Trolling Motor Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Kayak Trolling Motor Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Kayak Trolling Motor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Kayak Trolling Motor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Kayak Trolling Motor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Kayak Trolling Motor Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Kayak Trolling Motor Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Kayak Trolling Motor Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Kayak Trolling Motor Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Kayak Trolling Motor Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Kayak Trolling Motor Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Kayak Trolling Motor Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Kayak Trolling Motor Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports