Press release
Global Surfboarding Hydrofoil Market projected to Reach USD 2,275 Million by 2026
Findings from Facts and Factors report "Surfboarding Hydrofoil Market By Mechanism (E-Foiling and Hydrofoil), By Distribution Channel (Online Channel (Manufacturer's Website and Third-party Website) and Offline Channel (Specialty Sports Stores (Single Brand Retail Outlets) and Multi-Brand Sports Stores/Outlets), By Material (Aluminum, Carbon, and Others), and By Application (Wind Foiling, Kite Foiling, Wing Foiling, Surf Foiling, Standup Paddle Boarding (SUP) Foiling, and Wake Foiling): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Surfboarding Hydrofoil market in 2019 was approximately USD 1,635 Million. The market is expected to grow at a CAGR of 4% and is anticipated to reach around USD 2,275 Million by 2026.
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Example pages from the report.
FnF research methodology.
A surfboard hydrofoil is a surfboard with a hydrofoil extending below the board into the water. This causes the board to leave the surface of the water at several speeds. A hydrofoil surfboard consists of a wing-like structure underwater that lifts the hull above water in speed. Surfboard hydrofoil could be distributed offline as well as online. It is made of several materials such as aluminum, carbon, etc. Applications of surfboard hydrofoil include wind foiling, kite foiling, wake foiling, etc.
The increasing popularity of surfing has augmented the target market growth. In addition, individuals consider surfing as a leisure and sports activity. Moreover, the establishment of surf parks with artificial wave technology has been propelling the target market growth. However, unregulated crowds riding different equipment coupled with unskilled rider may hamper the target market growth over the forecast period. Nevertheless, the installation of multiple surf parks, as well as wave pools, nowadays is anticipated to create lucrative opportunities for the target market growth.
In terms of mechanism, the target market is categorized as e-foiling and hydrofoil. Among these, the hydrofoil category is the leading category. A hydrofoil operates in water. A hydrofoil surfboard is like a hydrofoil boat, with a wing-like structure.
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In terms of the distribution channels, the target market is categorized as an online channel and offline channel. Online channel is further sub-categorized as manufacturer's website and the third-party website. Whereas, the offline channel is sub-categorized as specialty sports stores and multi-brand sports stores. Among these, categories, offline channel dominates the segment. Multi-brand sports stores are the major leading category. Individuals or consumers mostly prefer purchasing surfboard hydrofoil through multi-brand sports stores. These stores involve the selling of surfboard hydrofoils irrespective of the brand.
In terms of material, the target market is categorized as aluminum, carbon, and others. Among these, carbon is the dominating category as surfboard made with carbon has several benefits such as they are easy packing to the beach, they are lightweight, stronger. Also, they are less cavitation at high speeds as well as they are more slip than aluminum.
In terms of application, the target market is categorized as wind foiling, kite foiling, wing foiling, surf foiling, standup paddleboarding (SUP) foiling, and wake to foil. Among these categories, surf foiling is the leading revenue generator. Foil surfing is different than riding a standard surfboard. Surf foiling is mostly used to cruise around and for racing.
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(This report can be customized to meet the client's requirements. Please connect with our sales team, to customize your report according to research needs).
In terms of region, the target market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, North America is expected to be the dominating region owing to the popularity of surfing in the region. Moreover, individuals of North America consider surfing as a sports activity.
Some of the key players operating in target market are AXIS Kiteboarding, AirushKiteboarding, BOARDS & MORE GmbH, Fliteboard, FLY 4 ALL SA (TAAROA), Foil Smart, Go Foil, Inc., GONG, Lift Foils, Liquid Force Wakeboards, LOKEFOIL, MAUI FIN COMPANY, Melos Hydrofoil Factory, Moses HF, Naish International, Cabrinha Kites, Pau Hana Surf Supply, VeConcepts, and others.
This report segments the Surfboarding Hydrofoil market as follows:
Global Surfboarding Hydrofoil Market: By Mechanism Segmentation Analysis
E-Foiling
Hydrofoil
Global Surfboarding Hydrofoil Market: By Distribution Channel Segmentation Analysis
Online Channel
Manufacturer's Website
Third-party Website
Offline Channel
Specialty Sports Stores
Multi-Brand Sports Stores
Global Surfboarding Hydrofoil Market: By Material Segmentation Analysis
Aluminium
Carbon
Others
Global Surfboarding Hydrofoil Market: By Application Segmentation Analysis
Wind Foiling
Kite Foiling
Wing Foiling
Surf Foiling
Standup Paddle Boarding (SUP) Foiling
Wake Foiling
Global Surfboarding Hydrofoil Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Contact Us:
Facts & Factors
Global Headquarters
Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Request to Access Free Sample @ http://bit.ly/2IMBSOi
(The sample pages of this report is immediately accessible on demand).
This Free report sample includes:
The report covers present status and future prospects.
The report analyses market trends, size, and forecast in different geographically.
The report provides market competition overview among the Top companies.
The report provides a complete analysis of the current and emerging market trends and opportunities.
Example pages from the report.
FnF research methodology.
A surfboard hydrofoil is a surfboard with a hydrofoil extending below the board into the water. This causes the board to leave the surface of the water at several speeds. A hydrofoil surfboard consists of a wing-like structure underwater that lifts the hull above water in speed. Surfboard hydrofoil could be distributed offline as well as online. It is made of several materials such as aluminum, carbon, etc. Applications of surfboard hydrofoil include wind foiling, kite foiling, wake foiling, etc.
The increasing popularity of surfing has augmented the target market growth. In addition, individuals consider surfing as a leisure and sports activity. Moreover, the establishment of surf parks with artificial wave technology has been propelling the target market growth. However, unregulated crowds riding different equipment coupled with unskilled rider may hamper the target market growth over the forecast period. Nevertheless, the installation of multiple surf parks, as well as wave pools, nowadays is anticipated to create lucrative opportunities for the target market growth.
In terms of mechanism, the target market is categorized as e-foiling and hydrofoil. Among these, the hydrofoil category is the leading category. A hydrofoil operates in water. A hydrofoil surfboard is like a hydrofoil boat, with a wing-like structure.
Make An Inquiry About This Report @ http://bit.ly/2wasukL
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
In terms of the distribution channels, the target market is categorized as an online channel and offline channel. Online channel is further sub-categorized as manufacturer's website and the third-party website. Whereas, the offline channel is sub-categorized as specialty sports stores and multi-brand sports stores. Among these, categories, offline channel dominates the segment. Multi-brand sports stores are the major leading category. Individuals or consumers mostly prefer purchasing surfboard hydrofoil through multi-brand sports stores. These stores involve the selling of surfboard hydrofoils irrespective of the brand.
In terms of material, the target market is categorized as aluminum, carbon, and others. Among these, carbon is the dominating category as surfboard made with carbon has several benefits such as they are easy packing to the beach, they are lightweight, stronger. Also, they are less cavitation at high speeds as well as they are more slip than aluminum.
In terms of application, the target market is categorized as wind foiling, kite foiling, wing foiling, surf foiling, standup paddleboarding (SUP) foiling, and wake to foil. Among these categories, surf foiling is the leading revenue generator. Foil surfing is different than riding a standard surfboard. Surf foiling is mostly used to cruise around and for racing.
Explore Complete TOC/ Ask for Customization @ http://bit.ly/38Unm1i
(This report can be customized to meet the client's requirements. Please connect with our sales team, to customize your report according to research needs).
In terms of region, the target market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, North America is expected to be the dominating region owing to the popularity of surfing in the region. Moreover, individuals of North America consider surfing as a sports activity.
Some of the key players operating in target market are AXIS Kiteboarding, AirushKiteboarding, BOARDS & MORE GmbH, Fliteboard, FLY 4 ALL SA (TAAROA), Foil Smart, Go Foil, Inc., GONG, Lift Foils, Liquid Force Wakeboards, LOKEFOIL, MAUI FIN COMPANY, Melos Hydrofoil Factory, Moses HF, Naish International, Cabrinha Kites, Pau Hana Surf Supply, VeConcepts, and others.
This report segments the Surfboarding Hydrofoil market as follows:
Global Surfboarding Hydrofoil Market: By Mechanism Segmentation Analysis
E-Foiling
Hydrofoil
Global Surfboarding Hydrofoil Market: By Distribution Channel Segmentation Analysis
Online Channel
Manufacturer's Website
Third-party Website
Offline Channel
Specialty Sports Stores
Multi-Brand Sports Stores
Global Surfboarding Hydrofoil Market: By Material Segmentation Analysis
Aluminium
Carbon
Others
Global Surfboarding Hydrofoil Market: By Application Segmentation Analysis
Wind Foiling
Kite Foiling
Wing Foiling
Surf Foiling
Standup Paddle Boarding (SUP) Foiling
Wake Foiling
Global Surfboarding Hydrofoil Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Contact Us:
Facts & Factors
Global Headquarters
Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
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