Global Outboard Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
An outboard motor is a propulsion system for boats, 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. They are the most common motorised 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 our (Global Info Research) latest study, the global Outboard Motor market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.
The major manufacturers that provide outboard motors in the United States include Mercury Marine, etc. The largest manufacturer occupies about 50% of the market share. Among them, more than 200 horsepower and 100.1-200 horsepower accounted for 28% and 27% respectively. The most applications are leisure and business, accounting for 64% and 21% respectively.
This report is a detailed and comprehensive analysis for global Outboard Motor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Power and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Outboard Motor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Outboard Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Outboard Motor market size and forecasts, by Power and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Outboard Motor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Outboard Motor
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Outboard Motor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mercury Marine, Yamaha, Suzuki, Honda, Torqeedo, Elco Motor Yachts, Suzhou Parsun Power Machine, Ray Electric Outboards, Aquamot, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Outboard Motor market is split by Power and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Power, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Power
Below 10 HP
10.1-30 HP
30.1-100 HP
100.1-200 HP
Above 200 HP
Market segment by Application
Recreational Boats
Commercial Boats
Others
Major players covered
Mercury Marine
Yamaha
Suzuki
Honda
Torqeedo
Elco Motor Yachts
Suzhou Parsun Power Machine
Ray Electric Outboards
Aquamot
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Outboard Motor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Outboard Motor, with price, sales quantity, revenue, and global market share of Outboard Motor from 2019 to 2024.
Chapter 3, the Outboard Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Outboard Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Power and by Application, with sales market share and growth rate by Power, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Outboard Motor market forecast, by regions, by Power, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Outboard Motor.
Chapter 14 and 15, to describe Outboard Motor sales channel, distributors, customers, research findings and conclusion.