Press release
Why the Outboard Engines Market Is Set To Explode? | Global Players are Cox Powertrain Limited, American Honda Motor Company, Inc., Mercury Marine, Powertec, Torqeedo, Volvo Penta, Yamaha Motor Corporation, USA, YANMAR America
Moreover, the deployment of outboard engines allows the boat manufacturers to provide wide interior space to the customers and enhanced engine acceleration characteristics. Global outboard engines market size is estimated to exceed USD 17 billion by the end of 2025.
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Mounting concerns pertaining to emission of hazardous gases and substances have consequently resulted in development of highly energy-efficient alternatives such as electric fuel type outboard motors. Low-power electric motors are gradually emerging as a potential substitute for gasoline-driven motors and engines. Electric fuel type outboard engines market share will register a healthy 8.5% CAGR over 2019-2025.
High-power outboard engines market is projected to generate revenues in excess of USD 9.5 billion over the projected timeframe. This growth can be mainly attributed to positive application outlook in larger boats and yachts which are facing robust demand worldwide. Manufacturers are aiming to expand and upgrade their existing motor production facilities and making investments to develop high-power motors to keep up with the global demand.
Military represents a key application segment driving global outboard engines industry trends. These engines find widespread use in rescue boats and inflatable boats. Surging demand for outboard motors by the U.S. Coast Guard will further fuel the product demand, bolstering outboard engines market outlook. North America outboard engines industry size will witness unprecedented growth in the coming years mainly due to the presence of prominent boat manufacturers along with motor distributors.
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In terms of geographical expansion, North America could emerge as a promising revenue ground for outboard engines market share in the coming years. High purchasing power in the region along with rising spending on boating and recreational activities will complement product penetration.
Table of Contents (ToC) of the report:
Chapter 4. Outboard Engines Market, By Engine Type
4.1. Global outboard engines industry share by engine type, 2018 & 2025
4.2. 2-Stroke
4.2.1. Global market estimates and forecasts, 2013 - 2025
4.2.2. Market estimates and forecast, by region, 2013 - 2025
4.3. 4-Stroke
4.3.1. Global market estimates and forecasts, 2013 - 2025
4.3.2. Market estimates and forecast, by region, 2013 - 2025
4.4. Electric
4.4.1. Global market estimates and forecasts, 2013 - 2025
4.4.2. Market estimates and forecast, by region, 2013 - 2025
4.5. UAV
4.5.1. Global market estimates and forecasts, 2013 - 2025
4.5.2. Market estimates and forecast, by region, 2013 - 2025
Chapter 5. Outboard Engines Market, By Fuel Type
5.1. Global outboard engines industry share by fuel type, 2018 & 2025
5.2. Diesel
5.2.1. Global market estimates and forecasts, 2013 - 2025
5.2.2. Market estimates and forecast, by region, 2013 - 2025
5.3. Gasoline
5.3.1. Global market estimates and forecasts, 2013 - 2025
5.3.2. Market estimates and forecast, by region, 2013 - 2025
5.4. Electric
5.4.1. Global market estimates and forecasts, 2013 - 2025
5.4.2. Market estimates and forecast, by region, 2013 - 2025
Chapter 6. Outboard Engines Market, By Power
6.1. Global outboard engines industry share by power, 2018 & 2025
6.2. Low
6.2.1. Global market estimates and forecasts, 2013 - 2025
6.2.2. Market estimates and forecast, by region, 2013 - 2025
6.3. Mid
6.3.1. Global market estimates and forecasts, 2013 - 2025
6.3.2. Market estimates and forecast, by region, 2013 - 2025
6.4. High
6.4.1. Global market estimates and forecasts, 2013 - 2025
6.4.2. Market estimates and forecast, by region, 2013 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/outboard-engines-market
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