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Marine Outboard Engines Market Report 2023 - Size, Trends, Outlook And Forecast 2032 | Brunswick Corporation, Deutz AG, Honda Motor Co.Ltd., Suzuki Motor Corporation, Bombardier Recreational Products Inc
Marine Outboard Engines Market
Marine Outboard Engines Market Size, Growth Rate, And Forecast
The global marine outboard engines market size is expected to grow from $4.23 billion in 2022 to $4.41 billion in 2023 at a compound annual growth rate (CAGR) of 4.19%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global marine outboard engines market size is expected to reach $4.96 billion in 2027 at a CAGR of 2.98%.
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Marine Outboard Engines Market Drivers
The surging demand for marine transportation is expected to propel the growth of the marine outboard engine market going forward. Maritime transport refers to a mode of transport in which goods or people are transported via sea routes. Marine outboard engines are primarily attached to marine transportation boats which increase the boat's speed and allow the boat to slice through the water more easily.
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Marine Outboard Engines Market Segments
• By Engine Type: Two Stroke Carbureted, Two Stroke Electronic Fuel Injection, Two Stroke Direct Injection System, Four Stroke Carburetted, Four Stroke Electronic Fuel Injection.
• By Boat Type: Fishing Vessel, Recreational Vessel, Special Purpose Boats.
• By Power: Less Than 30 HP, 30 HP To 100 HP, Above 100 HP.
• By Ignition Type: Electric, Manual.
• By Application: Military, Civilian.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Marine Outboard Engines market.
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Marine Outboard Engines Market Key Players
Major competitors in the marine outboard engines market include Brunswick Corporation, Deutz AG, Honda Motor Co.Ltd., Suzuki Motor Corporation, Bombardier Recreational Products Inc., Yamaha Motor Co. Ltd., Mahindra And Mahindra Limited, Johnson Outdoors Inc.
The Business Research Company's "Global Marine Outboard Engines Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Marine Outboard Engines Market Include:
1. Executive Summary
2. Marine Outboard Engines Market Characteristics
3. Marine Outboard Engines Market Trends And Strategies
4. Marine Outboard Engines Market - Macro Economic Scenario
5. Marine Outboard Engines Market Size And Growth
……
26. Africa Marine Outboard Engines Market
27. Marine Outboard Engines Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Marine Outboard Engines Market
29. Marine Outboard Engines Market Future Outlook and Potential Analysis
30. Appendix
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