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Global Portable Outboard Motors Market Share, Size, Key Trends, Competitive Analysis and Projection Analysis for year 2023-2030 : Cognitive Market Research
Global Portable Outboard Motors Market Share, Size, Key Trends, Competitive Analysis and Projection Analysis for year 2023-2030 :
- A portable outboard motor is a small, self-contained device that can be connected to the transom of a boat. It is made up of an engine, propeller, and gearbox that are firmly attached to the boat. Portable outboard motors generally range in horsepower (HP) rating from 2 to 15 horses, with costs ranging from less than $1000 to over $7500. They can be powered by gasoline or electricity, with gasoline variants often being less expensive.
Summary:
- The portable outboard motors market is segmented based on the type and application. The portable outboard motors market is majorly driven by rising watersports and boating activities. Similarly, rising tourism industry drives the market growth in the future.
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Market Dynamics
- The portable outboard motors market is majorly driven by rising watersports and boating activities. There are around 140 million people who actively participate in boating and water sports around the world. Similarly, the data report of the Outdoor Foundation and Recreational Boating & Fishing Foundation shows that there was a net increase of 4.6 million fishing participants from 2019 to 2020 which accounts for 54.7 million of total participants in 2020. Thus, the demand for the portable outdoor motor is rising. However, these motors are used for small boats as larger boats cannot rely on one outboard motor. They are also large in size giving fewer areas for other purposes. Nonetheless, the rising tourism industry is expected to provide enormous opportunities for the growth of the market.
Market Segmentation:
- Type
• 2-5hp
• 5-10hp
• 10-20hp
• 20hp
• above
- Application
• Diving
• Fishing
• Commercial
• Special Operation
• Recreational Boats
The Major Players in Portable Outboard Motors Market are:
Honda,Tohatsu,Yamaha,Suzuki,Mercury Marine,BRP (Evinrude),Torqeedo,Lehr,Others
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Regional Analysis:
- Geographically, the global Portable outboard motors market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the portable outboard motors market. According to the National Marine Manufacturers Association's (NMMA) annual Outboard Engine Sales Trends study, US outboard engine sales will hit a 20-year high in 2020. Outboards have been increasing in value since 2011, with a 17.6% rise in 2020 compared to 2019. This equates to 329,500 units sold, the highest yearly total since 2000. Retail engine sales were a stunning $3.4 billion.
News:
- In August 2022, Yamaha introduces click-and-collect. Yamaha Marine UK says a new click and collect service will make it easier for consumers to buy its portable and electric drive outboards. This implies that the outboards may be bought on Yamaha's website but picked up at the customer's preferred dealer. Yamaha has restocked all portable and electric drive models centrally to facilitate the launch of an exciting new click & collect service.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Portable Outboard Motors Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Portable Outboard Motors Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Portable Outboard Motors Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Portable Outboard Motors Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Portable Outboard Motors Market Regional Analysis
• 10.1 Detailed Qualitative Analysis
• 10.2 Global Portable Outboard Motors Market Revenue by Region (2018-2030)
• 10.2 Global Portable Outboard Motors Market Share (%) by Region (2018-2030)
Chapter 11 North America Portable Outboard Motors Market Outlook (2018 - 2030)
Chapter 12 Europe Portable Outboard Motors Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Portable Outboard Motors Market Outlook (2018 - 2030)
Chapter 14 Latin America Portable Outboard Motors Market Outlook (2018 - 2030)
• 14.1 Latin America
14.1.1 Latin America Portable Outboard Motors Market by Country, 2018-2030
14.1.2 Latin America Portable Outboard Motors Market Attractiveness Analysis by Country
• 14.2 Latin America Portable Outboard Motors Market Size (2018-2030)
14.2.1 Latin America Portable Outboard Motors Market Share and Revenue (USD Million) by Type (2018-2030)
14.2.2 Latin America Portable Outboard Motors Market Share and Revenue (USD Million) by Application (2018-2030)
Chapter 15 Middle East and Africa Portable Outboard Motors Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Portable Outboard Motors Market TOC click here:https://www.cognitivemarketresearch.com/portable-outboard-motors-market-report#table_of_contents
Related Reports:
• Outboard Motor Market - https://www.cognitivemarketresearch.com/outboard-motors-market-report
• Electric Outboard Motors Market - https://www.cognitivemarketresearch.com/electric-outboard-motors-market-report
• Marine Engines Market - https://www.cognitivemarketresearch.com/marine-engines-market-report
• Marine Inboard Engines Market - https://www.cognitivemarketresearch.com/marine-inboard-engines-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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