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Outboard Electric Trolling Motors Market Research Report 2023 | Valuates Reports
Outboard Electric Trolling Motors MarketOutboard electric motor is a kind of propulsion system for boats which uses electric as power. Outboard electric motor, commonly referred to as "trolling motor" or "electric Outboard motor". They are the most common motorized method of propelling small watercraft. As well as providing propulsion, outboards provide steering control, as they are designed to pivot over their mountings and thus control the direction of thrust. The skeg also acts as a rudder when the engine is not running. Unlike inboard motors, outboard motors can be easily removed for storage or repairs.
Outboard Electric Trolling Motors market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Outboard Electric Trolling Motors market research.
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By Type
• Less than 1HP
• 1-4HP
By Application
• Civil Entertainment
• Municipal Application
• Commercial Application
Key Players
Torqeedo, Minn Kota, MotorGuide, CSM Tech, Haibo
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