Outboard Engines Market is expected to reach USD 14.65 Bn at a CAGR of 5% during the forecast period 2029.
Outboard engine is a system used for boats, which consist of gearbox, engine, propeller, and jet. Outboard motors are slightly less expensive, allow more flexibility, more seating capacity, and are easier to maintain, hence they are common in recreational use. Emergence in use of outboard engines in fishing boats and shipping activities are projected to raise demand for such engines. The global outboard industry is highly consolidated and competitive with top five players ruling it. Yamaha motors co ltd. being one of the top players holds almost 40% of the market share. These market dominants are expanding their feet in Europe, North America, and Asia-Pacific to increase overseas sales. Outboard engines is mainly comprised of three fuel type of engines which include diesel, gasoline, and electrical. Gasoline engines hold largest share of outboard engines.
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This report examines all the key factors influencing growth of global Outboard Engines , including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Outboard Engines unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Outboard Engines Market: Major Players
Torqeedo GmbH
Cox Powertrain,
Yamaha Motor
Honda Motor Co., Ltd.
Suzuki Marine
Mercury Marine, Inc.
Global Outboard Engines Market: Types
Diesel
gasoline
Electric
Global Outboard Engines Market: Applications
Commercial
Recreational
Military
Global Outboard Engines Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Outboard Engines market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase the Outboard Engines Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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