The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Inboard Engines Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Inboard Engines Market:
https://www.thebusinessresearchcompany.com/report/inboard-engines-global-market-report
According to The Business Research Company’s Inboard Engines Global Market Report 2024, The inboard engines market size has grown strongly in recent years. It will grow from $1.32 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to marine leisure industry growth, regulatory compliance, global economic expansion, consumer trends toward larger vessels, globalization of boat manufacturing.The inboard engines market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.
The expansion of the tourism sector is expected to drive the growth of the inboard engine market in the future. The tourism sector encompasses various activities and services related to travel, accommodations, and attractions, contributing significantly to economic development and cultural exchange in different regions. Inboard engines play a crucial role in the tourism sector by powering boats and vessels used for scenic tours and transportation, ensuring reliability and safety in water-based activities. For example, according to the Office for National Statistics, overseas tourist visits to the UK increased from 2.8 million in May 2022 to 3 million in June 2022, with visitors spending a total of $3.42 billion (£2.7 billion) in the UK. Therefore, the growing tourism sector is a key driver of the inboard engine market’s growth.
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The inboard engines market covered in this report is segmented –
1) By Power Source: Diesel, Electric, Gasoline, Other Power Sources
2) By Power: Low, Medium, High
3) By Ignition: Electric, Manual
4) By Engine: IC Engine, Electric Engine
5) By Application: Commercial, Boating, Others Applications
Top Major Players
Honda Motor Co Ltd.,
Caterpillar Inc.,
John Deere Power Systems,
Mitsubishi Heavy Industries Ltd.,
Suzuki Motor Corporation
The inboard engines market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Inboard Engines Market, Segmentation By Power Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Inboard Engines Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Inboard Engines Market, Segmentation By Ignition, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………….
Table 76: Honda Motor Co Ltd. Financial Performance
Table 77: Caterpillar Inc. Financial Performance
Table 78: John Deere Power Systems Financial Performance
Table 79: Mitsubishi Heavy Industries Ltd. Financial Performance
Table 80: Suzuki Motor Corporation Financial Performance
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