Global Electric Outboard Engines Market Growth 2024-2030

Global Electric Outboard Engines Market Growth 2024-2030

Electric Outboard Engine or Electric outboard 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.

The global Electric Outboard Engines market size is projected to grow from US$ 209 million in 2024 to US$ 294 million in 2030; it is expected to grow at a CAGR of 5.9% from 2024 to 2030.

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

This Insight Report provides a comprehensive analysis of the global Electric Outboard Engines 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 Electric Outboard Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Outboard Engines market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Outboard Engines 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 Electric Outboard Engines.

United States market for Electric Outboard Engines is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Electric Outboard Engines is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Electric Outboard Engines is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Electric Outboard Engines players cover Minn Kota, Torqeedo, MotorGuide, ePropulsion Technology, CSM Tech, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

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

Segmentation by Type:
Below 20hp
20hp-50hp
Above 50hp

Segmentation by Application:
Recreation Boat
Commercial Boat
Municipal and Official Boat

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 Electric Outboard Engines market?

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

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

How do Electric Outboard Engines market opportunities vary by end market size?

How does Electric Outboard Engines break out by Type, by Application?

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