Very much disagree on the stagnation - there's a lot going on in foil biz and innovation. There are no huge changes in the industry, but there are huge changes on the water this year. There are a LOT more foilers riding in 2020, with the majority of remaining full-time twintipper folk "giving in" this year. I'm sure many of you see it in your local spot.
For a few years now, a lot of people in various parts of the world have been putting solid hours on the foil and are now pushing the envelope, giving the industry new angles on what to catch up on.
This year, mainstream companies seem to be finally looking at board shapes and weight. Maybe cottage board shapers like Temavento, Ketos and Groove made enough of a dent to rethink the role of the board. Naish, Slingy and Duotone are starting to add concave and convex parts on top, other companies are playing with double concave bottoms, lighter materials, smaller boards, better rails, more pronounced rocker, etc. Cottage is innovating faster than mainstream, but that's how it usually goes.
Wings are changing too. Someone said wings are getting "slightly smaller than huge". It's true, but that's due to refinement. Moses is fine-tuning the 633 wing while adding bigger, yet more efficient wings that are better balanced with slightly smaller footprint. Hopefully carbon wings/masts and lighter foil-specific kites will find its way into mainstream in 2021. Not just in racing. The new Core Xlite kites are fantastic for foiling, try them out. May even give BRM Clouds some competition in a year or two.
Speaking of – BRM is always evolving Cloud kites and CCS bars at a good, steady pace, along with rock solid service and a cheerful personality.
e-foil is here to stay, but it won't change the kitefoil industry, at least not for now. Personally, I had the chance to ride Lift's e-foil for a full day and absolutely loved it. Got decent at carving and even jumped it a bit. It's not difficult. That said, it's a big and heavy board to carve tight, even the Lift's lightest offering. The current non-folding motor doesn't allow you to coast or ride waves (Lift already has a folding version). It's prohibitively expensive, and even if it wasn't, it just doesn't have that adrenaline/soul/simplicity combination of kite foiling. Last but not least is the limited range - you need to have a 2nd or a 3rd battery for a serious 3+ hour session, which makes it a $16-18K foil... In a few years the batteries will get smaller and a lot more efficient, resulting in more range while enabling the board to be smaller and lighter. Then things may be different. But even then, the dynamic, physical and worry-free analog power of a kite on a foil is not something the efoil can probably ever replace.
Maybe monofoils will take off in a few years. Mainstream drone foiling in 2025?
Foiling is doing very well, we're still at the early phase, IMO.