Global Boat Electric Outboard Motor Market Growth 2024-2030

Global Boat Electric Outboard Motor Market Growth 2024-2030

Boat Electric Outboard Motor is an alternative propulsion system for boats that uses electricity to power a motor located at the rear (stern) of the boat. Unlike traditional gasoline-powered outboard motors, electric outboard motors generate less noise, produce zero emissions, and offer smoother operation. They are used in various watercraft, from small recreational boats to fishing vessels, contributing to more environmentally friendly boating.

The global Boat Electric Outboard Motor market size is projected to grow from US$ 212 million in 2024 to US$ 297 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Boat Electric Outboard Motor Industry Forecast” looks at past sales and reviews total world Boat Electric Outboard Motor sales in 2023, providing a comprehensive analysis by region and market sector of projected Boat Electric Outboard Motor sales for 2024 through 2030. With Boat Electric Outboard Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boat Electric Outboard Motor industry.

This Insight Report provides a comprehensive analysis of the global Boat Electric Outboard Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Boat Electric Outboard Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Boat Electric Outboard Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boat Electric Outboard Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Boat Electric Outboard Motor.

The Global key players of Cellulase include Minn Kota, Torqeedo, MotorGuide, etc. The top three players hold a share about 52%. North America is the largest market, and has a share about 38%. In terms of product type, Outboard Electric Trolling Motor is the largest segment, which occupied for a share of about 88%. For application, Small Ship is the largest segment, which has a share about 56%.

This report presents a comprehensive overview, market shares, and growth opportunities of Boat Electric Outboard Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Outboard Electric Propulsion Motor
Outboard Electric Trolling Motor

Segmentation by Application:
Small Ship
Large Ship

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Minn Kota
Torqeedo
MotorGuide
ePropulsion Technology
CSM Tech
Pure Watercraft
AquaWatt
Haibo
Krautler Elektromaschinen
Aquamot
Elco Motor Yachts
Ray Electric Outboards

Key Questions Addressed in this Report

What is the 10-year outlook for the global Boat Electric Outboard Motor market?

What factors are driving Boat Electric Outboard Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Boat Electric Outboard Motor market opportunities vary by end market size?

How does Boat Electric Outboard Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.