The Reports and Insights, a leading market research company, has recently releases report titled “Electric Ice Auger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Electric Ice Auger Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Electric Ice Auger Market?
The global electric ice auger market size reached US$ 612.8 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 849.8 million in 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
What are Electric Ice Auger?
An electric ice auger is a powered device designed for drilling holes in ice, commonly used for activities like ice fishing on frozen bodies of water. Unlike traditional hand-cranked augers, electric models operate using rechargeable batteries or electric motors, offering enhanced convenience and user-friendliness. Typically featuring a rotating shaft with a drill bit, these augers efficiently penetrate the ice, enabling users to create holes of varying sizes quickly and easily. Renowned for their portability, speed, and reliability, electric ice augers are favored by ice anglers and outdoor enthusiasts seeking efficient and effortless ice drilling solutions.
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What are the growth prospects and trends in the Electric Ice Auger industry?
The electric ice auger market growth is driven by various factor. The Electric Ice Auger Market encompasses a selection of motorized tools tailored for drilling holes in ice, primarily serving ice anglers and outdoor enthusiasts. Witnessing significant growth fueled by the increasing popularity of ice fishing and the demand for convenient ice drilling solutions, this market offers a diverse array of electric augers powered by rechargeable batteries or electric motors. Key players in this market provide innovative products boasting improved performance, durability, and user-friendliness, catering to a wide range of preferences and needs. With an emphasis on portability, speed, and reliability, electric ice augers are increasingly preferred by users seeking efficient and effortless ice drilling experiences, thus propelling market expansion. Hence, all these factors contribute to electric ice auger market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
- Handheld Electric Ice Augers
- Powerhead Electric Ice Augers
By Ice Fishing Application:
- Recreational Ice Fishing
- Commercial Ice Fishing
By Distribution Channel:
- Online Retailers
- Specialty Stores
- Sports and Outdoor Retailers
- Others
Market Segmentation By Region:
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
Middle East Africa
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
Who are the key players operating in the industry?
The report covers the major market players including:
- StrikeMaster Ice Augers
- Jiffy Ice Drills
- Eskimo Ice Augers
- Ion Electric Ice Augers
- Clam Outdoors Ice Augers
- Rapala Electric Ice Drills
- Trophy Strike Ice Augers
- K-Drill Ice Augers
- HT Enterprises Ice Augers
- Milwaukee Tool Ice Augers
- Nitro Electric Ice Augers
- Nils Master Ice Augers
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