Press release
Electric Outboard Motors Market Report 2024: Trend Analysis and Future Prospects
Outboard electric motor is a kind of propulsion system for boats which uses electric as power. Outboard electric motor, commonly referred to as "trolling motor" or "electric Outboard motor", is generally used on very small craft or on small lakes where gasoline motor is prohibited or used as a secondary means of propulsion on larger craft, and can also be used as repositioning thrusters while fishing.
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https://www.qyresearch.com/reports/2663263/electric-outboard-motors
According to the new market research report "Electric Outboard Motors- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Electric Outboard Motors market size is projected to reach USD 0.3 billion by 2030, at a CAGR of 5.6% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Electric Outboard Motors include Minn Kota, Torqeedo, ePropulsion Technology, CSM Tech, MotorGuide, Pure Watercraft, AquaWatt, Haibo, Aquamot, Elco Motor Yachts, etc. In 2023, the global top 10 players had a share approximately 84% in terms of revenue.
Market Drivers:
Industry policy support
Environmental Concerns: Increasing awareness about environmental issues and the need for sustainable solutions is a significant driver for the electric outboard motors market. Electric motors produce zero emissions during operation, reducing air and water pollution compared to traditional gasoline engines. Governments and regulatory bodies are also implementing stricter emission standards, further driving the demand for electric propulsion systems.
Restraint:
Raw material price fluctuation
Competition from low-end Electric Outboard Motors manufacturers is bad for industrial upgrading
Lack of support from upstream/downstream partners as a new entry to the market
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Electric Outboard Motors market is segmented as below:
By Company
Minn Kota
Torqeedo
MotorGuide
ePropulsion Technology
CSM Tech
Pure Watercraft
AquaWatt
Haibo
Krautler Elektromaschinen
Aquamot
Elco Motor Yachts
Ray Electric Outboards
Segment by Type
Below 20hp
20hp-50hp
Above 50hp
Segment by Application
Recreation Boat
Commercial Boat
Municipal and Official Boat
Each chapter of the report provides detailed information for readers to further understand the Electric Outboard Motors market:
Chapter 1: Introduces the report scope of the Electric Outboard Motors report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Electric Outboard Motors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Electric Outboard Motors market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Electric Outboard Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Electric Outboard Motors in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Electric Outboard Motors competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Electric Outboard Motors comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Electric Outboard Motors market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global and China Electric Outboard Motors Market Report & Forecast 2024-2030
Electric Outboard Motors- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Electric Outboard Motors Market Research Report 2024
Global Electric Outboard Motors Industry Research Report, Growth Trends and Competitive Analysis 2024-2030
Global Electric Outboard Motors Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Electric Outboard Motors - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global and Japan Boat Electric Outboard Motor Market Report & Forecast 2024-2030
Boat Electric Outboard Motor- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Boat Electric Outboard Motor Market Insights, Forecast to 2030
Global Boat Electric Outboard Motor Market Research Report 2024
Boat Electric Outboard Motor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Electric Outboard Motor for Boats Market Insights, Forecast to 2030
Electric Outboard Motor for Boats - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Electric Outboard Motor for Boats Market Research Report 2024
Electric Outboard Motors - Global Market Insights and Sales Trends 2024
Global Electric Outboard Motors Market Research Report 2023
Global Electric Outboard Motors Sales Market Report 2023
Global Electric Outboard Motors Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Electric Outboard Motors Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Boat Electric Outboard Motor - Global Market Insights and Sales Trends 2024
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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