In 2021, the outboard boat motor market is valued at $ 91 billion and is expected to reach $ 130 billion by 2028, registering an average annual record of about 3% during the forecast period. An outboard boat motor is a system used in boats consisting of a gearbox, engine, propeller and jet. Outboard boat motors are slightly less expensive, allow for more flexibility, more seating capacity, and are therefore easier to maintain and are common in recreational use. The use of outboard motors in fishing vessels and the emergence of ship activity is expected to increase the demand for such engines. The world’s outboard industry is highly integrated and competes with the top 5 players to dominate it. One of the top players of Yamaha Motor Co., Ltd. holds nearly 40% of the market share. These market rulers are expanding their feet in Europe, North America and the Asia-Pacific region to increase overseas sales. The outboard engine market mainly consists of three fuel types of engines, including diesel, gasoline and electric. Gasoline engines occupy the largest part of outboard motors.
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Company Profile
- Yamaha
- Brunswick
- Deutz AG
- Honda
- BRP
- Suzuki
- Tohatsu
- Parsun
Market Segmentation
By Engine Type
- 2-stroke
- 4-stroke
By Engine Power Type:
- 75 kW
- 75-110
- 110-150
- >150 kW
By Application:
- Commercial
- Recreational
- Special Purposes
Scope of the Report
The research study analyzes the Outboard Boat Motors Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Outboard Boat Motors Market Report
- What was the Outboard Boat Motors Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Outboard Boat Motors Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Outboard Boat Motors Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Outboard Boat Motors market.
- The market share of the Outboard Boat Motors market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Outboard Boat Motors market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Outboard Boat Motors market.
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