Global Electric Outboard Motors Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Electric Outboard Motors Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

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”. They are the most common motorized method of propelling small watercraft. As well as providing propulsion, outboards provide steering control, as they are designed to pivot over their mountings and thus control the direction of thrust. The skeg also acts as a rudder when the engine is not running. Unlike inboard motors, outboard motors can be easily removed for storage or repairs.
According to APO Research, The global Electric Outboard Motors market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Electric Outboard Motors is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Electric Outboard Motors is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Electric Outboard Motors is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Electric Outboard Motors include Minn Kota, Torqeedo, MotorGuide, CSM Tech, AquaWatt, Haibo, Epropulsion Technology, Suzhou Parsun Power Machine and Elco Motor Yachts, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Outboard Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Outboard Motors.
The Electric Outboard Motors market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Outboard Motors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Minn Kota
Torqeedo
MotorGuide
CSM Tech
AquaWatt
Haibo
Epropulsion Technology
Suzhou Parsun Power Machine
Elco Motor Yachts
Krautler Elektromaschinen
Aquamot
Ray Electric Outboards
Electric Outboard Motors segment by Type

by Type

Outboard Electric Trolling Motor
by Power
25kW-50kW
50-150kW
Electric Outboard Motors segment by Application

Civil Entertainment
Municipal Application
Commercial Application
Other
Electric Outboard Motors Segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Outboard Motors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Outboard Motors and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Outboard Motors.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces 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.
Chapter 3: Detailed analysis of Electric Outboard Motors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Electric Outboard Motors Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Electric Outboard Motors Sales Estimates and Forecasts (2019-2030)
1.3 Electric Outboard Motors Market by Type
1.3.1 by Type
1.3.2 by Power
1.4 Global Electric Outboard Motors Market Size by Type
1.4.1 Global Electric Outboard Motors Market Size Overview by Type (2019-2030)
1.4.2 Global Electric Outboard Motors Historic Market Size Review by Type (2019-2024)
1.4.3 Global Electric Outboard Motors Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Electric Outboard Motors Sales Breakdown by Type (2019-2024)
1.5.2 Europe Electric Outboard Motors Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Electric Outboard Motors Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Electric Outboard Motors Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Electric Outboard Motors Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Electric Outboard Motors Industry Trends
2.2 Electric Outboard Motors Industry Drivers
2.3 Electric Outboard Motors Industry Opportunities and Challenges
2.4 Electric Outboard Motors Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Electric Outboard Motors Revenue (2019-2024)
3.2 Global Top Players by Electric Outboard Motors Sales (2019-2024)
3.3 Global Top Players by Electric Outboard Motors Price (2019-2024)
3.4 Global Electric Outboard Motors Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Electric Outboard Motors Key Company Manufacturing Sites & Headquarters
3.6 Global Electric Outboard Motors Company, Product Type & Application
3.7 Global Electric Outboard Motors Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Electric Outboard Motors Market CR5 and HHI
3.8.2 Global Top 5 and 10 Electric Outboard Motors Players Market Share by Revenue in 2023
3.8.3 2023 Electric Outboard Motors Tier 1, Tier 2, and Tier 3
4 Electric Outboard Motors Regional Status and Outlook
4.1 Global Electric Outboard Motors Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Outboard Motors Historic Market Size by Region
4.2.1 Global Electric Outboard Motors Sales in Volume by Region (2019-2024)
4.2.2 Global Electric Outboard Motors Sales in Value by Region (2019-2024)
4.2.3 Global Electric Outboard Motors Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Electric Outboard Motors Forecasted Market Size by Region
4.3.1 Global Electric Outboard Motors Sales in Volume by Region (2025-2030)
4.3.2 Global Electric Outboard Motors Sales in Value by Region (2025-2030)
4.3.3 Global Electric Outboard Motors Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Electric Outboard Motors by Application
5.1 Electric Outboard Motors Market by Application
5.1.1 Civil Entertainment
5.1.2 Municipal Application
5.1.3 Commercial Application
5.1.4 Other
5.2 Global Electric Outboard Motors Market Size by Application
5.2.1 Global Electric Outboard Motors Market Size Overview by Application (2019-2030)
5.2.2 Global Electric Outboard Motors Historic Market Size Review by Application (2019-2024)
5.2.3 Global Electric Outboard Motors Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Electric Outboard Motors Sales Breakdown by Application (2019-2024)
5.3.2 Europe Electric Outboard Motors Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Electric Outboard Motors Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Electric Outboard Motors Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Electric Outboard Motors Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Minn Kota
6.1.1 Minn Kota Comapny Information
6.1.2 Minn Kota Business Overview
6.1.3 Minn Kota Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Minn Kota Electric Outboard Motors Product Portfolio
6.1.5 Minn Kota Recent Developments
6.2 Torqeedo
6.2.1 Torqeedo Comapny Information
6.2.2 Torqeedo Business Overview
6.2.3 Torqeedo Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Torqeedo Electric Outboard Motors Product Portfolio
6.2.5 Torqeedo Recent Developments
6.3 MotorGuide
6.3.1 MotorGuide Comapny Information
6.3.2 MotorGuide Business Overview
6.3.3 MotorGuide Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.3.4 MotorGuide Electric Outboard Motors Product Portfolio
6.3.5 MotorGuide Recent Developments
6.4 CSM Tech
6.4.1 CSM Tech Comapny Information
6.4.2 CSM Tech Business Overview
6.4.3 CSM Tech Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.4.4 CSM Tech Electric Outboard Motors Product Portfolio
6.4.5 CSM Tech Recent Developments
6.5 AquaWatt
6.5.1 AquaWatt Comapny Information
6.5.2 AquaWatt Business Overview
6.5.3 AquaWatt Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.5.4 AquaWatt Electric Outboard Motors Product Portfolio
6.5.5 AquaWatt Recent Developments
6.6 Haibo
6.6.1 Haibo Comapny Information
6.6.2 Haibo Business Overview
6.6.3 Haibo Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Haibo Electric Outboard Motors Product Portfolio
6.6.5 Haibo Recent Developments
6.7 Epropulsion Technology
6.7.1 Epropulsion Technology Comapny Information
6.7.2 Epropulsion Technology Business Overview
6.7.3 Epropulsion Technology Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Epropulsion Technology Electric Outboard Motors Product Portfolio
6.7.5 Epropulsion Technology Recent Developments
6.8 Suzhou Parsun Power Machine
6.8.1 Suzhou Parsun Power Machine Comapny Information
6.8.2 Suzhou Parsun Power Machine Business Overview
6.8.3 Suzhou Parsun Power Machine Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Suzhou Parsun Power Machine Electric Outboard Motors Product Portfolio
6.8.5 Suzhou Parsun Power Machine Recent Developments
6.9 Elco Motor Yachts
6.9.1 Elco Motor Yachts Comapny Information
6.9.2 Elco Motor Yachts Business Overview
6.9.3 Elco Motor Yachts Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Elco Motor Yachts Electric Outboard Motors Product Portfolio
6.9.5 Elco Motor Yachts Recent Developments
6.10 Krautler Elektromaschinen
6.10.1 Krautler Elektromaschinen Comapny Information
6.10.2 Krautler Elektromaschinen Business Overview
6.10.3 Krautler Elektromaschinen Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Krautler Elektromaschinen Electric Outboard Motors Product Portfolio
6.10.5 Krautler Elektromaschinen Recent Developments
6.11 Aquamot
6.11.1 Aquamot Comapny Information
6.11.2 Aquamot Business Overview
6.11.3 Aquamot Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Aquamot Electric Outboard Motors Product Portfolio
6.11.5 Aquamot Recent Developments
6.12 Ray Electric Outboards
6.12.1 Ray Electric Outboards Comapny Information
6.12.2 Ray Electric Outboards Business Overview
6.12.3 Ray Electric Outboards Electric Outboard Motors Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Ray Electric Outboards Electric Outboard Motors Product Portfolio
6.12.5 Ray Electric Outboards Recent Developments
7 North America by Country
7.1 North America Electric Outboard Motors Sales by Country
7.1.1 North America Electric Outboard Motors Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Electric Outboard Motors Sales by Country (2019-2024)
7.1.3 North America Electric Outboard Motors Sales Forecast by Country (2025-2030)
7.2 North America Electric Outboard Motors Market Size by Country
7.2.1 North America Electric Outboard Motors Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Electric Outboard Motors Market Size by Country (2019-2024)
7.2.3 North America Electric Outboard Motors Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Electric Outboard Motors Sales by Country
8.1.1 Europe Electric Outboard Motors Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Electric Outboard Motors Sales by Country (2019-2024)
8.1.3 Europe Electric Outboard Motors Sales Forecast by Country (2025-2030)
8.2 Europe Electric Outboard Motors Market Size by Country
8.2.1 Europe Electric Outboard Motors Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Electric Outboard Motors Market Size by Country (2019-2024)
8.2.3 Europe Electric Outboard Motors Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Electric Outboard Motors Sales by Country
9.1.1 Asia-Pacific Electric Outboard Motors Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Electric Outboard Motors Sales by Country (2019-2024)
9.1.3 Asia-Pacific Electric Outboard Motors Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Electric Outboard Motors Market Size by Country
9.2.1 Asia-Pacific Electric Outboard Motors Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Electric Outboard Motors Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Electric Outboard Motors Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Electric Outboard Motors Sales by Country
10.1.1 Latin America Electric Outboard Motors Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Electric Outboard Motors Sales by Country (2019-2024)
10.1.3 Latin America Electric Outboard Motors Sales Forecast by Country (2025-2030)
10.2 Latin America Electric Outboard Motors Market Size by Country
10.2.1 Latin America Electric Outboard Motors Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Electric Outboard Motors Market Size by Country (2019-2024)
10.2.3 Latin America Electric Outboard Motors Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Electric Outboard Motors Sales by Country
11.1.1 Middle East and Africa Electric Outboard Motors Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Electric Outboard Motors Sales by Country (2019-2024)
11.1.3 Middle East and Africa Electric Outboard Motors Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Electric Outboard Motors Market Size by Country
11.2.1 Middle East and Africa Electric Outboard Motors Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Electric Outboard Motors Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Electric Outboard Motors Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Electric Outboard Motors Value Chain Analysis
12.1.1 Electric Outboard Motors Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Electric Outboard Motors Production Mode & Process
12.2 Electric Outboard Motors Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Electric Outboard Motors Distributors
12.2.3 Electric Outboard Motors Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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