Global Outboard Engines Market Research Report 2023(Status and Outlook)

Global Outboard Engines Market Research Report 2023(Status and Outlook)

Report Overview

Outboard Engine is a detachable propulsion system for boats installed outside of the hull (ship), consisting of a self-contained unit that includes engine, gearbox and propeller or jet drive, designed to be affixed to the outside of the transom. With features of simple structure, light weight, easy disassembly and operation, low noise, it is suitable for use in the river, lakes and coastal waters.

Europe is likely to emerge as the largest region in the global outboard engine market during the forecast period 2018-2025. Presence of the key market players and increasing participation in the water recreational activities are some of the factors contributing towards the growth of the market in Europe. Meanwhile, North America is also expected to witness growth, owing to the increasing preference for high power outboard engine.

The Global Outboard Engines Market Size was estimated at USD 6181.20 million in 2022 and is projected to reach USD 11742.12 million by 2029, exhibiting a CAGR of 9.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Outboard Engines market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Outboard Engines Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Outboard Engines market in any manner.

Global Outboard Engines Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Yamaha

Brunswick

Deutz AG

Honda

BRP

Suzuki

Tohatsu

Parsun

Hidea

Weimin

Krautler Elektromaschinen

Market Segmentation (by Type)

Fuel-Oil Outboard

Electric Outboard

Market Segmentation (by Application)

Precision Polishing

Catalyst

UV Absorber

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Outboard Engines Market

Overview of the regional outlook of the Outboard Engines Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors