Market Overview:
The global small size electric fishing boat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric fishing boats for private and commercial use across different regions.
Product Definition:
A small size electric fishing boat is a type of boat that utilizes an electric motor to propel it. This type of boat is typically smaller in size than other types of boats, making it ideal for use in narrower waterways and smaller bodies of water. The importance of small size electric fishing boats lies in their ability to provide a more efficient and environmentally-friendly way for anglers to fish. Additionally, these boats are often less expensive than traditional gas-powered boats, making them an affordable option for those looking to get into fishing.
≤1 Ton:
1 Ton is equal to 1,000 kg. It's a unit of weight for measuring cargo or material capacity. A small size electric fishing boat has a loading capacity of up to 500 kg which makes it ideal for carrying passengers and their luggage as well as fish from one place to another. The most commonly used type of small size fishing boats in the market are outboard motors with capacities ranging from 1-4 tons and inboard motors with capacities ranging from 4-8 tons.
1-2 Ton:
The 1-2 ton is a small size engine used in electric fishing boats. It has the ability to produce up to 2,000 watts of power and has a top speed of over 7 miles an hour. The engine is very simple and easy to operate as it does not have many parts like other engines do, such as bearings or seals that can go bad causing the need for maintenance.
Application Insights:
The commercial use segment dominated the global small size electric fishing boat market in 2017, accounting for over 60% of the overall revenue share. The segment is expected to witness significant growth owing to rising demand from countries such as China, India and Brazil. In addition, factors such as growing tourism industry and increasing number of cruise ships are anticipated to boost product demand over the forecast period.
The private use segment accounted for a considerable share in 2017 due to rising disposable income among consumers across developing countries including China and India. Consumers prefer spending their extra money on luxury items like boats rather than other expensive equipment required for sports or leisure activities which encourages manufacturers¢â‚¬â„¢ participation in this segment development.
Regional Analysis:
North America dominated the global small size electric fishing boat market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030 owing to increasing awareness regarding marine sports and recreational activities, coupled with technological advancements in battery operated electric boats. Moreover, presence of major manufacturers such as Johnson Outboards and Mercury Marine in the region is anticipated to boost product sales over the forecast period.
Asia Pacific is expected to be one of the fastest growing regions due its large coastline line which makes it an ideal place for recreational fishing activities across various countries including China, India, South Korea and Japan among others. Increasing disposable income especially among middle-class population groups will drive regional demand further on account of rising popularity for water based recreation activities such as white-water rafting and kayaking which are also suitable for small size electric boats thus making them more eco-friendly alternative modes of transportation providing significant economic benefits at a minimal environmental cost.
Growth Factors:
- Increasing demand for seafood is expected to drive the growth of the small size electric fishing boat market over the forecast period.
- Rising disposable income of consumers in developing countries is anticipated to boost the demand for luxury items, including small size electric fishing boats, which in turn is projected to fuel market growth during the forecast period.
- Growing popularity of recreational activities such as fishing is expected to propel demand for small size electric fishing boats over the next few years.
- Technological advancements in manufacturing processes are likely to result in lower production costs of small size electric fishing boats, thereby propelling market growth during the forecast period. 5) Stringent regulations pertaining to emissions and noise from gasoline-powered engines are likely to create opportunities for development of more advanced and environment-friendly technologies used in manufacturing small size electric fishing boats, thereby driving market expansion over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Size Electric Fishing Boat Market Research Report
By Type
≤1 Ton, 1-2 Ton, 2-3 Ton, >3 Ton
By Application
Private Use, Commercial Use
By Companies
Freedom Electric Marine, Torqeedo, Ruban Bleu, PEHN Bootsbau, Linder Aluminiumbatar AB, Pure Watercraft, Lingalaid, Sun Dolphin Boats, Cremo Boats AB, Lindvart OU, Caravela Boatbuilders
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Small Size Electric Fishing Boat Market Report Segments:
The global Small Size Electric Fishing Boat market is segmented on the basis of:
Types
≤1 Ton, 1-2 Ton, 2-3 Ton, >3 Ton
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Private Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Freedom Electric Marine
- Torqeedo
- Ruban Bleu
- PEHN Bootsbau
- Linder Aluminiumbatar AB
- Pure Watercraft
- Lingalaid
- Sun Dolphin Boats
- Cremo Boats AB
- Lindvart OU
- Caravela Boatbuilders
Highlights of The Small Size Electric Fishing Boat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≤1 Ton
- 1-2 Ton
- 2-3 Ton
- >3 Ton
- By Application:
- Private Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Small Size Electric Fishing Boat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Small size electric fishing boat is a small recreational vessel that uses an electric motor to power its propeller. These boats are typically less than 30 feet in length and can be used for angling, trolling, or just cruising around. They are perfect for smaller lakes and ponds, or for those who want to get out on the water but don't have the space or budget for a larger boat.
Some of the major companies in the small size electric fishing boat market are Freedom Electric Marine, Torqeedo, Ruban Bleu, PEHN Bootsbau, Linder Aluminiumbatar AB, Pure Watercraft, Lingalaid, Sun Dolphin Boats, Cremo Boats AB, Lindvart OU, Caravela Boatbuilders.
The small size electric fishing boat market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Small Size Electric Fishing Boat Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Small Size Electric Fishing Boat Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Small Size Electric Fishing Boat Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Small Size Electric Fishing Boat Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Small Size Electric Fishing Boat Market Size & Forecast, 2018-2028 4.5.1 Small Size Electric Fishing Boat Market Size and Y-o-Y Growth 4.5.2 Small Size Electric Fishing Boat Market Absolute $ Opportunity
Chapter 5 Global Small Size Electric Fishing Boat Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Small Size Electric Fishing Boat Market Size Forecast by Type
5.2.1 ≤1 Ton
5.2.2 1-2 Ton
5.2.3 2-3 Ton
5.2.4 >3 Ton
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Small Size Electric Fishing Boat Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Small Size Electric Fishing Boat Market Size Forecast by Applications
6.2.1 Private Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Small Size Electric Fishing Boat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Small Size Electric Fishing Boat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Small Size Electric Fishing Boat Analysis and Forecast
9.1 Introduction
9.2 North America Small Size Electric Fishing Boat Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Small Size Electric Fishing Boat Market Size Forecast by Type
9.6.1 ≤1 Ton
9.6.2 1-2 Ton
9.6.3 2-3 Ton
9.6.4 >3 Ton
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Small Size Electric Fishing Boat Market Size Forecast by Applications
9.10.1 Private Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Small Size Electric Fishing Boat Analysis and Forecast
10.1 Introduction
10.2 Europe Small Size Electric Fishing Boat Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Small Size Electric Fishing Boat Market Size Forecast by Type
10.6.1 ≤1 Ton
10.6.2 1-2 Ton
10.6.3 2-3 Ton
10.6.4 >3 Ton
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Small Size Electric Fishing Boat Market Size Forecast by Applications
10.10.1 Private Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Small Size Electric Fishing Boat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Small Size Electric Fishing Boat Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Small Size Electric Fishing Boat Market Size Forecast by Type
11.6.1 ≤1 Ton
11.6.2 1-2 Ton
11.6.3 2-3 Ton
11.6.4 >3 Ton
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Small Size Electric Fishing Boat Market Size Forecast by Applications
11.10.1 Private Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Small Size Electric Fishing Boat Analysis and Forecast
12.1 Introduction
12.2 Latin America Small Size Electric Fishing Boat Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Small Size Electric Fishing Boat Market Size Forecast by Type
12.6.1 ≤1 Ton
12.6.2 1-2 Ton
12.6.3 2-3 Ton
12.6.4 >3 Ton
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Small Size Electric Fishing Boat Market Size Forecast by Applications
12.10.1 Private Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Small Size Electric Fishing Boat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Small Size Electric Fishing Boat Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Small Size Electric Fishing Boat Market Size Forecast by Type
13.6.1 ≤1 Ton
13.6.2 1-2 Ton
13.6.3 2-3 Ton
13.6.4 >3 Ton
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Small Size Electric Fishing Boat Market Size Forecast by Applications
13.10.1 Private Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Small Size Electric Fishing Boat Market: Competitive Dashboard
14.2 Global Small Size Electric Fishing Boat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Freedom Electric Marine
14.3.2 Torqeedo
14.3.3 Ruban Bleu
14.3.4 PEHN Bootsbau
14.3.5 Linder Aluminiumbatar AB
14.3.6 Pure Watercraft
14.3.7 Lingalaid
14.3.8 Sun Dolphin Boats
14.3.9 Cremo Boats AB
14.3.10 Lindvart OU
14.3.11 Caravela Boatbuilders