Gas Powered Outboard Motor Market to Reach US$ 5.56 Billion by 2031, Supported by Strong Recreational Boating Demand and Ongoing Engine Technology Advancements | QY Research

Market Summary -
The global market for Gas Powered Outboard Motor was estimated to be worth US$ 4,439 million in 2024 and is forecast to reach a readjusted size of US$ 5,561 million by 2031, expanding at a steady CAGR of 3.4% during the forecast period 2025-2031.

According to QY Research, the newly released report titled "Gas Powered Outboard Motor Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" delivers a comprehensive, data-driven assessment of the global gas powered outboard motor market. The study provides detailed insights into market size evolution, competitive structure, pricing trends, production volumes, regional demand patterns, and future growth opportunities for manufacturers, suppliers, distributors, and institutional buyers across the global marine industry.

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Trade Policy Impact and Supply Chain Assessment -
The potential shifts in the 2025 U.S. tariff framework pose moderate volatility risks to the global Gas Powered Outboard Motor market. This report provides a comprehensive evaluation of recent tariff adjustments and international strategic countermeasures affecting cross-border manufacturing footprints, capital investment decisions, regional trade dependencies, and marine equipment supply chains.

The analysis highlights how raw material sourcing-particularly aluminum alloys, stainless steel, electronic ignition systems, and high-pressure fuel components-may be influenced by evolving trade policies. This assessment enables industry participants to anticipate policy-driven cost fluctuations, mitigate supply risks, and optimize global sourcing and production strategies in a dynamic trade environment.

Product Definition and Market Overview -
A Gas Powered Outboard Motor is a self-contained marine propulsion system mounted externally on a boat's transom, integrating an internal combustion engine, gearbox, and propeller or jet drive. These motors provide both propulsion and steering control and are widely used across recreational, commercial, and government marine applications.

Gas powered outboard motors primarily operate on gasoline, with increasing adoption of propane (LPG) and compressed natural gas (CNG) variants in environmentally sensitive areas. Compared with inboard engines, outboard motors offer advantages such as ease of maintenance, removability, flexible power ranges, and reliable long-distance performance, making them the preferred propulsion solution for small- to medium-sized vessels.

Market Drivers and Demand Fundamentals -
The Gas Powered Outboard Motor market continues to be driven by strong recreational boating demand, particularly in North America and Europe, where boating is deeply embedded in lifestyle and leisure culture. Rising disposable income, increasing participation in outdoor and water-based activities, and post-pandemic recovery in tourism have all supported sustained demand for leisure boats and associated propulsion systems.

Gas-powered engines remain dominant due to their high power output, reliability, extended operating range, and cost-effectiveness compared with electric alternatives. Technological advancements such as electronic fuel injection (EFI), improved combustion efficiency, and lower-emission four-stroke designs have further enhanced performance while addressing regulatory requirements. In 2024, global production reached approximately 752.2 million units, with an average market price of around US$ 5,901 per unit.

Market Structure and Key Insights -
► Global market size reached US$ 4.44 billion in 2024
► Market projected to exceed US$ 5.56 billion by 2031
► North America accounts for approximately 39% of global demand, driven by recreational boating
► Recreational boats represent the largest application segment
► Gross profit margins typically range between 25% and 40%, depending on horsepower and fuel type

Gas powered outboard motors continue to serve recreational boats, fishing vessels, commercial workboats, and government patrol and rescue fleets, maintaining their relevance despite emerging electric propulsion technologies.

Technology Trends and Industry Development -
From a technology perspective, manufacturers are focusing on fuel efficiency optimization, emission reduction, noise control, and digital engine management systems. Modern EFI systems have replaced traditional carburetors, delivering better throttle response, improved fuel economy, and reduced emissions.

While electric outboard motors are gaining traction in niche applications, gas powered engines remain essential for high-horsepower, long-range, and heavy-duty marine operations. Ongoing R&D investments are expected to extend the lifecycle of gas powered technologies through cleaner combustion, hybridization potential, and improved compliance with evolving environmental standards.

Regional Market Outlook -
► North America (U.S., Canada, Mexico) - largest and most mature market, driven by recreational boating culture
► Europe - steady demand supported by leisure boating and commercial marine operations
► Asia Pacific (China, Japan, Southeast Asia, India) - growing market supported by fishing, transportation, and emerging leisure boating
► South America and Middle East & Africa - developing markets with gradual adoption linked to tourism and coastal development

Competitive Landscape -
The global Gas Powered Outboard Motor market is characterized by strong brand concentration and high technological barriers, with leading manufacturers benefiting from scale, dealer networks, and long-term customer trust.

Key companies profiled in the report include:
► Mercury
► Yamaha
► Suzuki
► Honda
► Evinrude Outboard Motors
► Tohatsu
► Suzhou Parsun Power Machine
► Selva
► Hidea Power Machinery

The report provides detailed analysis of company market share, product portfolios, horsepower coverage, pricing strategies, and competitive positioning.

Market Segmentation Highlights -

By Power Output
► Below 10 HP
► 10.1-30 HP
► 30.1-100 HP
► 100.1-200 HP
► Above 200 HP

By Application
► Fishing Boats
► Transportation Boats
► Leisure Boats
► Others

Each segment is evaluated in terms of sales volume, revenue contribution, growth dynamics, and future demand potential.

Reasons to Procure This Report -
► Access accurate global and regional market forecasts (2020-2031)
► Understand company market share, ranking, and competitive concentration
► Evaluate trade policy impacts and supply chain risks
► Identify high-growth regions, power ranges, and application segments
► Support investment planning, capacity expansion, and strategic positioning

Key Questions Answered in the Report -
► What is the current and future size of the global Gas Powered Outboard Motor market?
► Which regions and applications are driving sustained demand?
► How competitive is the market, and who are the leading manufacturers?
► How are environmental regulations influencing engine technology evolution?
► What role will gas powered motors play amid growing electric propulsion adoption?

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Table of Content:

1 Market Overview
1.1 Gas Powered Outboard Motor Product Introduction
1.2 Global Gas Powered Outboard Motor Market Size Forecast
1.2.1 Global Gas Powered Outboard Motor Sales Value (2020-2031)
1.2.2 Global Gas Powered Outboard Motor Sales Volume (2020-2031)
1.2.3 Global Gas Powered Outboard Motor Sales Price (2020-2031)
1.3 Gas Powered Outboard Motor Market Trends & Drivers
1.3.1 Gas Powered Outboard Motor Industry Trends
1.3.2 Gas Powered Outboard Motor Market Drivers & Opportunity
1.3.3 Gas Powered Outboard Motor Market Challenges
1.3.4 Gas Powered Outboard Motor Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Gas Powered Outboard Motor Players Revenue Ranking (2024)
2.2 Global Gas Powered Outboard Motor Revenue by Company (2020-2025)
2.3 Global Gas Powered Outboard Motor Players Sales Volume Ranking (2024)
2.4 Global Gas Powered Outboard Motor Sales Volume by Company Players (2020-2025)
2.5 Global Gas Powered Outboard Motor Average Price by Company (2020-2025)
2.6 Key Manufacturers Gas Powered Outboard Motor Manufacturing Base and Headquarters
2.7 Key Manufacturers Gas Powered Outboard Motor Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Gas Powered Outboard Motor
2.9 Gas Powered Outboard Motor Market Competitive Analysis
2.9.1 Gas Powered Outboard Motor Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Gas Powered Outboard Motor Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Gas Powered Outboard Motor as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Below 10 HP
3.1.2 10.1-30 HP
3.1.3 30.1-100 HP
3.1.4 100.1-200 HP
3.1.5 Above 200 HP
3.2 Global Gas Powered Outboard Motor Sales Value by Type
3.2.1 Global Gas Powered Outboard Motor Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Gas Powered Outboard Motor Sales Value, by Type (2020-2031)
3.2.3 Global Gas Powered Outboard Motor Sales Value, by Type (%) (2020-2031)
3.3 Global Gas Powered Outboard Motor Sales Volume by Type
3.3.1 Global Gas Powered Outboard Motor Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Gas Powered Outboard Motor Sales Volume, by Type (2020-2031)
3.3.3 Global Gas Powered Outboard Motor Sales Volume, by Type (%) (2020-2031)
3.4 Global Gas Powered Outboard Motor Average Price by Type (2020-2031)
4 Segmentation by Fuel Type
4.1 Introduction by Fuel Type
4.1.1 Gasoline Outboard Motors
4.1.2 Propane Outboard Motors
4.1.3 Others
4.2 Global Gas Powered Outboard Motor Sales Value by Fuel Type
4.2.1 Global Gas Powered Outboard Motor Sales Value by Fuel Type (2020 VS 2024 VS 2031)
4.2.2 Global Gas Powered Outboard Motor Sales Value, by Fuel Type (2020-2031)
4.2.3 Global Gas Powered Outboard Motor Sales Value, by Fuel Type (%) (2020-2031)
4.3 Global Gas Powered Outboard Motor Sales Volume by Fuel Type
4.3.1 Global Gas Powered Outboard Motor Sales Volume by Fuel Type (2020 VS 2024 VS 2031)
4.3.2 Global Gas Powered Outboard Motor Sales Volume, by Fuel Type (2020-2031)
4.3.3 Global Gas Powered Outboard Motor Sales Volume, by Fuel Type (%) (2020-2031)
4.4 Global Gas Powered Outboard Motor Average Price by Fuel Type (2020-2031)
5 Segmentation by Combustion Cycle
5.1 Introduction by Combustion Cycle
5.1.1 Two-Stroke Outboard Engines
5.1.2 Four-Stroke Outboard Engines
5.2 Global Gas Powered Outboard Motor Sales Value by Combustion Cycle
5.2.1 Global Gas Powered Outboard Motor Sales Value by Combustion Cycle (2020 VS 2024 VS 2031)
5.2.2 Global Gas Powered Outboard Motor Sales Value, by Combustion Cycle (2020-2031)
5.2.3 Global Gas Powered Outboard Motor Sales Value, by Combustion Cycle (%) (2020-2031)
5.3 Global Gas Powered Outboard Motor Sales Volume by Combustion Cycle
5.3.1 Global Gas Powered Outboard Motor Sales Volume by Combustion Cycle (2020 VS 2024 VS 2031)
5.3.2 Global Gas Powered Outboard Motor Sales Volume, by Combustion Cycle (2020-2031)
5.3.3 Global Gas Powered Outboard Motor Sales Volume, by Combustion Cycle (%) (2020-2031)
5.4 Global Gas Powered Outboard Motor Average Price by Combustion Cycle (2020-2031)
6 Segmentation by Boat Type
6.1 Introduction by Boat Type
6.1.1 Small Boats
6.1.2 Large Boats
6.2 Global Gas Powered Outboard Motor Sales Value by Boat Type
6.2.1 Global Gas Powered Outboard Motor Sales Value by Boat Type (2020 VS 2024 VS 2031)
6.2.2 Global Gas Powered Outboard Motor Sales Value, by Boat Type (2020-2031)
6.2.3 Global Gas Powered Outboard Motor Sales Value, by Boat Type (%) (2020-2031)
6.3 Global Gas Powered Outboard Motor Sales Volume by Boat Type
6.3.1 Global Gas Powered Outboard Motor Sales Volume by Boat Type (2020 VS 2024 VS 2031)
6.3.2 Global Gas Powered Outboard Motor Sales Volume, by Boat Type (2020-2031)
6.3.3 Global Gas Powered Outboard Motor Sales Volume, by Boat Type (%) (2020-2031)
6.4 Global Gas Powered Outboard Motor Average Price by Boat Type (2020-2031)
7 Segmentation by Application
7.1 Introduction by Application
7.1.1 Fishing Boats
7.1.2 Transportation Boats
7.1.3 Leisure Boats
7.1.4 Others
7.2 Global Gas Powered Outboard Motor Sales Value by Application
7.2.1 Global Gas Powered Outboard Motor Sales Value by Application (2020 VS 2024 VS 2031)
7.2.2 Global Gas Powered Outboard Motor Sales Value, by Application (2020-2031)
7.2.3 Global Gas Powered Outboard Motor Sales Value, by Application (%) (2020-2031)
7.3 Global Gas Powered Outboard Motor Sales Volume by Application
7.3.1 Global Gas Powered Outboard Motor Sales Volume by Application (2020 VS 2024 VS 2031)
7.3.2 Global Gas Powered Outboard Motor Sales Volume, by Application (2020-2031)
7.3.3 Global Gas Powered Outboard Motor Sales Volume, by Application (%) (2020-2031)
7.4 Global Gas Powered Outboard Motor Average Price by Application (2020-2031)
8 Segmentation by Region
8.1 Global Gas Powered Outboard Motor Sales Value by Region
8.1.1 Global Gas Powered Outboard Motor Sales Value by Region: 2020 VS 2024 VS 2031
8.1.2 Global Gas Powered Outboard Motor Sales Value by Region (2020-2025)
8.1.3 Global Gas Powered Outboard Motor Sales Value by Region (2026-2031)
8.1.4 Global Gas Powered Outboard Motor Sales Value by Region (%), (2020-2031)
8.2 Global Gas Powered Outboard Motor Sales Volume by Region
8.2.1 Global Gas Powered Outboard Motor Sales Volume by Region: 2020 VS 2024 VS 2031
8.2.2 Global Gas Powered Outboard Motor Sales Volume by Region (2020-2025)
8.2.3 Global Gas Powered Outboard Motor Sales Volume by Region (2026-2031)
8.2.4 Global Gas Powered Outboard Motor Sales Volume by Region (%), (2020-2031)
8.3 Global Gas Powered Outboard Motor Average Price by Region (2020-2031)
8.4 North America
8.4.1 North America Gas Powered Outboard Motor Sales Value, 2020-2031
8.4.2 North America Gas Powered Outboard Motor Sales Value by Country (%), 2024 VS 2031
8.5 Europe
8.5.1 Europe Gas Powered Outboard Motor Sales Value, 2020-2031
8.5.2 Europe Gas Powered Outboard Motor Sales Value by Country (%), 2024 VS 2031
8.6 Asia Pacific
8.6.1 Asia Pacific Gas Powered Outboard Motor Sales Value, 2020-2031
8.6.2 Asia Pacific Gas Powered Outboard Motor Sales Value by Region (%), 2024 VS 2031
8.7 South America
8.7.1 South America Gas Powered Outboard Motor Sales Value, 2020-2031
8.7.2 South America Gas Powered Outboard Motor Sales Value by Country (%), 2024 VS 2031
8.8 Middle East & Africa
8.8.1 Middle East & Africa Gas Powered Outboard Motor Sales Value, 2020-2031
8.8.2 Middle East & Africa Gas Powered Outboard Motor Sales Value by Country (%), 2024 VS 2031
9 Segmentation by Key Countries/Regions
9.1 Key Countries/Regions Gas Powered Outboard Motor Sales Value Growth Trends, 2020 VS 2024 VS 2031
9.2 Key Countries/Regions Gas Powered Outboard Motor Sales Value and Sales Volume
9.2.1 Key Countries/Regions Gas Powered Outboard Motor Sales Value, 2020-2031
9.2.2 Key Countries/Regions Gas Powered Outboard Motor Sales Volume, 2020-2031
9.3 United States
9.3.1 United States Gas Powered Outboard Motor Sales Value, 2020-2031
9.3.2 United States Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.3.3 United States Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
9.4 Europe
9.4.1 Europe Gas Powered Outboard Motor Sales Value, 2020-2031
9.4.2 Europe Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.4.3 Europe Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
9.5 China
9.5.1 China Gas Powered Outboard Motor Sales Value, 2020-2031
9.5.2 China Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.5.3 China Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
9.6 Japan
9.6.1 Japan Gas Powered Outboard Motor Sales Value, 2020-2031
9.6.2 Japan Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.6.3 Japan Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
9.7 South Korea
9.7.1 South Korea Gas Powered Outboard Motor Sales Value, 2020-2031
9.7.2 South Korea Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.7.3 South Korea Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
9.8 Southeast Asia
9.8.1 Southeast Asia Gas Powered Outboard Motor Sales Value, 2020-2031
9.8.2 Southeast Asia Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.8.3 Southeast Asia Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
9.9 India
9.9.1 India Gas Powered Outboard Motor Sales Value, 2020-2031
9.9.2 India Gas Powered Outboard Motor Sales Value by Type (%), 2024 VS 2031
9.9.3 India Gas Powered Outboard Motor Sales Value by Application, 2024 VS 2031
10 Company Profiles
10.1 Mercury
10.1.1 Mercury Company Information
10.1.2 Mercury Introduction and Business Overview
10.1.3 Mercury Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.1.4 Mercury Gas Powered Outboard Motor Product Offerings
10.1.5 Mercury Recent Development
10.2 Yamaha
10.2.1 Yamaha Company Information
10.2.2 Yamaha Introduction and Business Overview
10.2.3 Yamaha Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.2.4 Yamaha Gas Powered Outboard Motor Product Offerings
10.2.5 Yamaha Recent Development
10.3 Suzuki
10.3.1 Suzuki Company Information
10.3.2 Suzuki Introduction and Business Overview
10.3.3 Suzuki Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.3.4 Suzuki Gas Powered Outboard Motor Product Offerings
10.3.5 Suzuki Recent Development
10.4 Honda
10.4.1 Honda Company Information
10.4.2 Honda Introduction and Business Overview
10.4.3 Honda Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.4.4 Honda Gas Powered Outboard Motor Product Offerings
10.4.5 Honda Recent Development
10.5 Evinrude Outboard Motors
10.5.1 Evinrude Outboard Motors Company Information
10.5.2 Evinrude Outboard Motors Introduction and Business Overview
10.5.3 Evinrude Outboard Motors Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.5.4 Evinrude Outboard Motors Gas Powered Outboard Motor Product Offerings
10.5.5 Evinrude Outboard Motors Recent Development
10.6 Tohatsu
10.6.1 Tohatsu Company Information
10.6.2 Tohatsu Introduction and Business Overview
10.6.3 Tohatsu Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.6.4 Tohatsu Gas Powered Outboard Motor Product Offerings
10.6.5 Tohatsu Recent Development
10.7 Suzhou Parsun Power Machine
10.7.1 Suzhou Parsun Power Machine Company Information
10.7.2 Suzhou Parsun Power Machine Introduction and Business Overview
10.7.3 Suzhou Parsun Power Machine Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.7.4 Suzhou Parsun Power Machine Gas Powered Outboard Motor Product Offerings
10.7.5 Suzhou Parsun Power Machine Recent Development
10.8 Selva
10.8.1 Selva Company Information
10.8.2 Selva Introduction and Business Overview
10.8.3 Selva Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.8.4 Selva Gas Powered Outboard Motor Product Offerings
10.8.5 Selva Recent Development
10.9 Hidea Power Machinery
10.9.1 Hidea Power Machinery Company Information
10.9.2 Hidea Power Machinery Introduction and Business Overview
10.9.3 Hidea Power Machinery Gas Powered Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
10.9.4 Hidea Power Machinery Gas Powered Outboard Motor Product Offerings
10.9.5 Hidea Power Machinery Recent Development
11 Industry Chain Analysis
11.1 Gas Powered Outboard Motor Industrial Chain
11.2 Gas Powered Outboard Motor Upstream Analysis
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.2.3 Manufacturing Cost Structure
11.3 Midstream Analysis
11.4 Downstream Analysis (Customers Analysis)
11.5 Sales Model and Sales Channels
11.5.1 Gas Powered Outboard Motor Sales Model
11.5.2 Sales Channel
11.5.3 Gas Powered Outboard Motor Distributors
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

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About Us -
QY Research, established in 2007, is a globally recognized market research and consulting firm delivering syndicated and customized research solutions across automotive, marine equipment, industrial machinery, energy systems, and advanced manufacturing sectors. With more than 50,000 clients across over 80 countries, QY Research combines rigorous research methodologies, deep domain expertise, and actionable insights to support data-driven decision-making and long-term business growth.

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