Trolling Motors Market Report 2025 (Global Edition)

Global Trolling Motors Market Report 2025 Market Size Split by Type Outlook: (Bow Mount Trolling Motors, Transom Mount Trolling Motors, Engine Mount Trolling Motors), by Application Outlook: (Saltwate...

Trolling Motors Market Report Description

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Trolling Motors Market Insights Video

Competitive Landscape of the Trolling Motors Market

The trolling motors market is highly competitive, with key players focusing on innovation, offering products with advanced features like GPS, Bluetooth connectivity, and enhanced battery life. Regional players also cater to local needs, driving competition based on pricing and customization. To maintain their market position, leading brands invest in research and development, focusing on improving motor efficiency, durability, and eco-friendly solutions. Strategic partnerships and acquisitions are also common in this dynamic market.

Top Companies Market Share in Trolling Motors Industry: (In no particular order of Rank)

• Ningbo Haibo Group Co.
• Ltd.
• MINN KOTA
• Torqeedo GmbH
• Jarvis Walker Pty Ltd.
• Newport Vessels
• Haswing USA
• Marine Tech Products
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Trolling Motors Market

Which Region Dominates the Trolling Motors Market in 2024?

According to Cognitive Market Research, North America currently dominates the Trolling Motors market, and the region is expected to have significant growth during the projected period. This is due to the region's strong boating culture, high demand for recreational fishing, and widespread access to water bodies like lakes and rivers.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to increasing participation in recreational boating and fishing activities and rising disposable incomes.

The current report Scope analyzes Trolling Motors Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Trolling Motors

According to Cognitive Market Research, the global Trolling Motors market size was estimated at USD XX Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Trolling Motors market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 2.0% during the forecast period due to the technological advancements in electric trolling motors.
• The Canada Trolling Motors market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period due to the growing preference for eco-friendly boating solutions.
• The Mexico Trolling Motors market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.

Europe Trolling Motors

According to Cognitive Market Research, the global Trolling Motors market size was estimated at USD XX Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

• The United Kingdom Trolling Motors market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. In the UK, Trolling Motors sales witness an upswing due to the increasing adoption of electric trolling motors for environmental compliance.
• The France Trolling Motors market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German Trolling Motors market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 2.7% during the forecast period. In Germany, Trolling Motors surged due to the technological advancements in motor efficiency and battery integration.
• The Italy Trolling Motors market is projected to witness growth at a CAGR of 1.9% during the forecast period, with a market size of USD XX million in 2024.
• The Russia Trolling Motors market is projected to witness growth at a CAGR of 1.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Trolling Motors market is projected to witness growth at a CAGR of 1.6% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg Trolling Motors market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal Trolling Motors market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD XX million in 2024.
• The Greece Trolling Motors market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Europe's Trolling Motors market is projected to witness growth at a CAGR of 1.2% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Trolling Motors

According to Cognitive Market Research, the global Trolling Motors market size was estimated at USD XX Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Trolling Motors market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Trolling Motors surged in China due to the increasing coastal and inland water tourism.
• The Japan Trolling Motors market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024.
• The India Trolling Motors market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period due to the rising adoption of electric and eco-friendly marine technologies .
• The South Korean Trolling Motors market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD XX million in 2024.
• The Australian Trolling Motors market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia Trolling Motors market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Trolling Motors market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD XX million in 2024.

South America Trolling Motors

According to Cognitive Market Research, the global Trolling Motors market size was estimated at USD XX Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Trolling Motors market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Trolling Motors flourished in Brazil due to the growing adoption of electric-powered boats.
• Argentina's Trolling Motors market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period due to the increasing investments in marine tourism and water sports .
• Colombia Trolling Motors market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD XX million in 2024.
• Peru Trolling Motors market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• Chile's Trolling Motors market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America's Trolling Motors market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.

Middle East Trolling Motors

According to Cognitive Market Research, the global Trolling Motors market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031..

• The GCC Countries Trolling Motors market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024. Trolling Motors sales flourish due to the expansion of coastal tourism and boating industries.
• The Egypt Trolling Motors market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa Trolling Motors market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD XX million in 2024. Trolling Motors sales flourished in South Africa due to the rising adoption of eco-friendly electric trolling motors.
• The Turkey Trolling Motors market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria Trolling Motors market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA Trolling Motors market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.

Trolling Motors Market Analysis

How are Segments Performing in the Global Trolling Motors Market?

Trolling Motors Market Type Segment Analysis

According to Cognitive Market Research, transom mount trolling motors are likely to dominate the Trolling Motors Market over the forecast period due to their versatility, ease of installation, and affordability. They are ideal for small to medium-sized boats, offering reliable propulsion for fishing and recreational boating. Their widespread use, especially among casual boaters and anglers, drives their market leadership.

The bow mount trolling motors are the fastest-growing segment in the Trolling Motors Market due to their superior control, stability, and manoeuvrability, making them ideal for precision fishing and navigating in various water conditions. Their advanced features, such as GPS integration and wireless control, cater to the increasing demand for high performance, convenience, and accuracy in boating.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Trolling Motors Industry. Request a Free Sample PDF!

Trolling Motors Market Application Segment Analysis

According to Cognitive Market Research, the saltwater use segment holds the largest share of the market due to the growing popularity of coastal and offshore fishing. Saltwater trolling motors are designed for durability and corrosion resistance, attracting anglers who fish in salty environments. This demand drives innovation in motor technology, enhancing performance and longevity in saltwater conditions.

In the Trolling Motors Market, the freshwater use sector has been expanding at a rapid pace due to the increasing popularity of freshwater fishing activities in lakes, rivers, and reservoirs. Anglers prefer trolling motors for their quiet, efficient performance in calm waters, driving demand for specialized motors designed for freshwater environments over saltwater use.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Trolling Motors Motor Type Outlook: Segment Analysis

Trolling Motors Market Motor Type Segment Analysis

According to Cognitive Market Research, the electric trolling motors segment holds the largest market share due to their quiet operation, energy efficiency, and eco-friendly nature compared to traditional gasoline-powered motors. They offer precise control, making them ideal for fishing and low-speed cruising while also reducing environmental impact by eliminating emissions, thus meeting the growing demand for sustainable boating solutions.

In the Trolling Motors market, the rapidly growing sector is the electric trolling motors category due to their eco-friendly nature, low noise levels, and improved battery efficiency. Increasing consumer demand for quieter, sustainable boating options, along with advancements in electric motor technology, makes electric trolling motors a preferred choice for recreational boaters and anglers.

• Electric
• Gasoline Powered

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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