Market Overview:
The global furling gear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the furling gear market can be attributed to the increasing demand for furling gears in various applications, such as booms and masts. Additionally, the growing popularity of sailing as a recreational activity is also contributing to the growth of the global furling gear market. The aluminum segment is expected to dominate the global furling gear market during the forecast period from 2018 to 2030. This can be attributed to its properties such as light weight and corrosion resistance that make it suitable for use in various applications, such as booms and masts.
Product Definition:
Furling gear is a mechanism used on sailing vessels to furl or roll up a sail. Furling gear is important because it allows the sailor to quickly and easily roll up the sail for storage, without having to climb up onto the mast.
Aluminum:
Aluminum is a metal, its main property is to expand by 50% of its size when it comes in contact with water. It also has the ability to withstand high temperatures and thus used in manufacturing Furling Gear.
Carbon:
Carbon fiber is a material consisting of carbon atoms organized in crystals aligned parallel to the fiber. Carbon fibers are used for manufacturing various products such as aramid fibers, carbons, and glass fibers. The primary difference among these types of fibers is their diameters; aramid and carbon have different diameters ranging from 3 to 6mm while glass has a much smaller diameter ranging from 1-2 mm.
Application Insights:
The masts segment dominated the global furling gear market in terms of revenue share in 2017. The rising demand for wind energy and growing investments by governments are expected to augment the growth of this segment over the forecast period. For instance, according to statistics published by China¢â‚¬â„¢s National Energy Administration (NEA), China has invested around USD 142 billion on clean energy from 2010 to 2015, which is expected to increase further till 2020 when it will reach nearly USD 175 billion. This investment amount is higher than that spent on fossil fuels during same period which shows a significant shift towards renewable sources such as wind power globally.
Furthermore, countries such as Brazil have also announced plans for increasing its installed capacity from around presently at least 85% up to 100% by 2030 and beyond that date depending upon future policies adopted by other governments across various regions including North America and Europe among others.
Regional Analysis:
North America dominated the global market in 2017, with a revenue share of over 35.0%. The growth is attributed to the presence of numerous fishing boats and growing recreational boating sector in U.S. Furthermore, increasing offshore drilling activities are expected to drive product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising investments by various governments for developing marine infrastructure such as ports and jetties along with growing commercial & recreational fishing industry in countries including China, Japan, South Korea, Indonesia among others will boost product demand significantly over next eight years from 2018 till 2030 time frame.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for furling gear in the marine industry as it helps in easy handling and deployment of sails.
- Growing popularity of sailing as a recreational activity, which is driving the demand for furling gear worldwide.
- Technological advancements in furling gear that are making them more efficient and reliable, thus increasing their adoption among consumers.
- Rising awareness about the benefits of using furling gears among sailors, which is helping to boost sales growth of these products globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Furling Gear Market Research Report
By Type
Aluminum, Carbon, Swivels, Other
By Application
Booms, Masts
By Companies
ARTE - BAMAR, Axxon Composites, C-Tech, Castro, Edson International, Facnor, Forespar, Formula Yacht, Furlboom, GMT Composites, Hall Spars & rigging, Jeckells, JSC Hampidjan Baltic, Karver Systems, leonis Ideae, Maxwell Marine, Nemo Industrie, Offshore Spars, Petersen Stainless, Profurl, Qingdao K-Wing Industry, Reckmann, Rondal, Selden Mast, Southern Spars, Sparcraft, Ultra Marine, Z-Spars
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Furling Gear Market Report Segments:
The global Furling Gear market is segmented on the basis of:
Types
Aluminum, Carbon, Swivels, Other
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
Booms, Masts
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:
- ARTE - BAMAR
- Axxon Composites
- C-Tech
- Castro
- Edson International
- Facnor
- Forespar
- Formula Yacht
- Furlboom
- GMT Composites
- Hall Spars & rigging
- Jeckells
- JSC Hampidjan Baltic
- Karver Systems
- leonis Ideae
- Maxwell Marine
- Nemo Industrie
- Offshore Spars
- Petersen Stainless
- Profurl
- Qingdao K-Wing Industry
- Reckmann
- Rondal
- Selden Mast
- Southern Spars
- Sparcraft
- Ultra Marine
- Z-Spars
Highlights of The Furling Gear 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:
- Aluminum
- Carbon
- Swivels
- Other
- By Application:
- Booms
- Masts
- 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 Furling Gear 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Furling gear is a type of sailboat rigging that uses a series of ropes to control the position and shape of the sails.
Some of the major companies in the furling gear market are ARTE - BAMAR, Axxon Composites, C-Tech, Castro, Edson International, Facnor, Forespar, Formula Yacht, Furlboom, GMT Composites, Hall Spars & rigging, Jeckells, JSC Hampidjan Baltic, Karver Systems, leonis Ideae, Maxwell Marine, Nemo Industrie, Offshore Spars, Petersen Stainless, Profurl, Qingdao K-Wing Industry, Reckmann, Rondal, Selden Mast, Southern Spars, Sparcraft, Ultra Marine, Z-Spars.
The furling gear market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Furling Gear Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Furling Gear Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Furling Gear Market - Supply Chain
4.5. Global Furling Gear Market Forecast
4.5.1. Furling Gear Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Furling Gear Market Size (000 Units) and Y-o-Y Growth
4.5.3. Furling Gear Market Absolute $ Opportunity
5. Global Furling Gear Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Furling Gear Market Size and Volume Forecast by Type
5.3.1. Aluminum
5.3.2. Carbon
5.3.3. Swivels
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Furling Gear Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Furling Gear Market Size and Volume Forecast by Application
6.3.1. Booms
6.3.2. Masts
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Furling Gear Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Furling Gear Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Furling Gear Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Furling Gear Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Furling Gear Demand Share Forecast, 2019-2026
9. North America Furling Gear Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Furling Gear Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Furling Gear Market Size and Volume Forecast by Application
9.4.1. Booms
9.4.2. Masts
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Furling Gear Market Size and Volume Forecast by Type
9.7.1. Aluminum
9.7.2. Carbon
9.7.3. Swivels
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Furling Gear Demand Share Forecast, 2019-2026
10. Latin America Furling Gear Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Furling Gear Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Furling Gear Market Size and Volume Forecast by Application
10.4.1. Booms
10.4.2. Masts
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Furling Gear Market Size and Volume Forecast by Type
10.7.1. Aluminum
10.7.2. Carbon
10.7.3. Swivels
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Furling Gear Demand Share Forecast, 2019-2026
11. Europe Furling Gear Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Furling Gear Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Furling Gear Market Size and Volume Forecast by Application
11.4.1. Booms
11.4.2. Masts
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Furling Gear Market Size and Volume Forecast by Type
11.7.1. Aluminum
11.7.2. Carbon
11.7.3. Swivels
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By roduct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Furling Gear Demand Share, 2019-2026
12. Asia Pacific Furling Gear Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Furling Gear Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Furling Gear Market Size and Volume Forecast by Application
12.4.1. Booms
12.4.2. Masts
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Furling Gear Market Size and Volume Forecast by Type
12.7.1. Aluminum
12.7.2. Carbon
12.7.3. Swivels
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Furling Gear Demand Share, 2019-2026
13. Middle East & Africa Furling Gear Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Furling Gear Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Furling Gear Market Size and Volume Forecast by Application
13.4.1. Booms
13.4.2. Masts
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Furling Gear Market Size and Volume Forecast by Type
13.7.1. Aluminum
13.7.2. Carbon
13.7.3. Swivels
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Furling Gear Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Furling Gear Market: Market Share Analysis
14.2. Furling Gear Distributors and Customers
14.3. Furling Gear Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ARTE - BAMAR
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Axxon Composites
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. C-Tech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Castro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Edson International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Facnor
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Forespar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Formula Yacht
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Furlboom
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GMT Composites
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hall Spars & rigging
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jeckells
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JSC Hampidjan Baltic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Karver Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. leonis Ideae
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Maxwell Marine
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nemo Industrie
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Offshore Spars
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Petersen Stainless
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Profurl
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
