Global Gas Powered Outboard Motor Market Growth 2023-2029

Global Gas Powered Outboard Motor Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Gas Powered Outboard Motor Industry Forecast” looks at past sales and reviews total world Gas Powered Outboard Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Gas Powered Outboard Motor sales for 2023 through 2029. With Gas Powered Outboard Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Powered Outboard Motor industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Powered 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 Gas Powered Outboard Motor.

The global Gas Powered Outboard Motor market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Mercury Marine and Yamaha are the top 2 companies in United States gas powered outboard motor market and account for about 80% of total market share. In terms of power, above 200 HP segment account for about 30% of the United States share. In terms of application, 40% of the gas powered outboard motor are for leisure boats.

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

Market Segmentation:

Segmentation by type
Below 10 HP
10.1-30 HP
30.1-100 HP
100.1-200 HP
Above 200 HP

Segmentation by application
Fishing Boats
Transportation Boats
Leisure Boats
Others

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 analyzing the company's coverage, product portfolio, its market penetration.
Mercury Marine
Yamaha
Suzuki
Honda
Evinrude Outboard Motors

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gas Powered Outboard Motor market?

What factors are driving Gas Powered Outboard Motor market growth, globally and by region?

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

How do Gas Powered Outboard Motor market opportunities vary by end market size?

How does Gas Powered Outboard Motor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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