Small Marine Engines Market Size to Hit $10.3 billion by 2027 | Yamaha Motor Co., Ltd. , Yanmar Co. Ltd., Brunswick Corporation, Suzuki Motor Corporation, Honda Motor Co., Ltd.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=244572295
4-6 L segment by displacement are expected to occupy majority of the small marine engines market share
Small marine engines market has been segmented based upon type into up to 2 L, 2-4 L, and 4-6 L. The displacement range of about 6 L and below is used for small marine engines that are installed in recreational boats, support vessels, coastal boats, etc. The 4-6 L segment is projected to hold the highest market share during the forecast period because engines of 4-6 L feature common-rail fuel injection, double overhead camshafts, and turbo. They offer high reliability, exceptional fuel efficiency, and low maintenance cost.
Recreational boats by application is expected to dominate the market
Recreational boats include yachts, cruiser boats, and others (sailboats and catamaran). The recreational boating sector focusing on reducing the carbon emissions with the related practices for disposing boats once they reach their end of operating life. Europe and North America are expected to generate high demand for recreational boats during the forecast period because the commercial adoption of boats has increased significantly in these regions. Other countries such as Belgium and Croatia have observed a significant growth in the recreational boat market.
North America likely to emerge as the largest small marine engines market
The recreational boating industry especially in the US is mostly focused on the coastal areas. Government investments in recreational boating activities and infrastructural activities for economic recovery are likely to drive the small marine engines market in North America. The recreational boat market in North America is expected to be the largest market across the world due to high demand for leisure boating and water-sports in the region.
Ask Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=244572295
Yamaha Motor Co., Ltd. (Japan), Yanmar Co. Ltd. (Japan), Brunswick Corporation (US), Suzuki Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan) are the key players in the global small marine engines market.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Small Marine Engines Market Size to Hit $10.3 billion by 2027 | Yamaha Motor Co., Ltd. , Yanmar Co. Ltd., Brunswick Corporation, Suzuki Motor Corporation, Honda Motor Co., Ltd. here
News-ID: 3227120 • Views: 306
More Releases from MarketsandMarkets
Diaphragm Pumps Market Forecast to Surpass $7.6 billion by 2027 with a CAGR of 4 …
According to a new market research report, the global diaphragm pumps market is expected to grow from an estimated USD 6.1 billion in 2022 to USD 7.6 billion by 2027, at a CAGR of 4.5% during the forecast period. The growth of water and wastewater treatment industry and the spurt in oil & gas activities are main drivers for the diaphragm pumps market. Growth in pharmaceutical industry is expected to
Transformer Monitoring Market worth $3.7 Billion by 2028
The Transformer Monitoring Market is expected to reach USD 3.7 billion by 2028 from USD 2.4 billion in 2023 at a CAGR of 9.1% during the 2023-2028 period according to a new report by MarketsandMarkets™. Transformer monitoring is critical for guaranteeing power transformer reliability and performance. It enables real-time monitoring of critical factors like temperature, oil condition, and electrical parameters. Early diagnosis of possible problems allows for initiative-taking maintenance, reduces
C4ISR Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The C4ISR market is projected to grow from USD 113.4 Billion in 2022 to USD 154.0 Billion by 2028, at a CAGR of 5.2% during the forecast period The increased demand for carrying out surveillance activities along conflict areas, the rising defense expenditure of emerging economies, the increasing incidence of terror attacks, and the growing number of ongoing intercountry conflicts have led to the growth of the C4ISR market across
More Releases for America
Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on