Global Outboard and Inboard Engines Market Growth 2024-2030
Outboard engines are marine propulsion systems mounted on the outside of a boat, featuring an engine, gearbox, and propeller, and are easily portable. They are commonly used for smaller vessels. Inboard engines, on the other hand, are situated within the hull of the boat and consist of an engine and transmission system. Inboards are typically employed in larger watercraft and provide advantages such as improved weight distribution and reduced maintenance exposure to corrosive marine elements. Both outboard and inboard engines serve the purpose of powering boats, each with its set of advantages and applications depending on the size and type of the vessel.
The global Outboard and Inboard Engines market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Outboard and Inboard Engines Industry Forecast” looks at past sales and reviews total world Outboard and Inboard Engines sales in 2023, providing a comprehensive analysis by region and market sector of projected Outboard and Inboard Engines sales for 2024 through 2030. With Outboard and Inboard Engines sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outboard and Inboard Engines industry.
This Insight Report provides a comprehensive analysis of the global Outboard and Inboard 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 Outboard and Inboard Engines portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Outboard and Inboard Engines market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outboard and Inboard 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 Outboard and Inboard Engines.
The market for outboard and inboard engines in the marine industry has witnessed significant growth, driven by factors such as increasing recreational boating activities, a rising demand for water sports, and the growth of the boating and fishing industries. Outboard engines, known for their portability and easy maneuverability, have gained popularity, especially in the small to medium-sized boat segment. Inboard engines, on the other hand, are favored for larger vessels and offer advantages like fuel efficiency and reduced noise. Future developments in the industry are expected to focus on technological advancements, including more fuel-efficient and environmentally friendly engines, integration of smart technologies for navigation and diagnostics, and lightweight materials to enhance overall performance. Additionally, regulatory shifts towards cleaner and sustainable marine propulsion solutions are likely to influence the development of both outboard and inboard engines in the coming years.
This report presents a comprehensive overview, market shares, and growth opportunities of Outboard and Inboard Engines market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Outboard Engines
Inboard Engines
Segmentation by application
Personal Boat
Commercial Boat
Government Enforcement Boat
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.
Yamaha Outboards
Mercury Marine
Honda Marine
Suzuki Marine
Volvo Penta
Crusader Engines
Indmar Marine Engines
PCM (Pleasurecraft Marine Engines)
Tohatsu Outboards
Evoy
OXE Marine
Mariner Outboards
Marine Power
Ilmor
Parsun Power Machine
Key Questions Addressed in this Report
What is the 10-year outlook for the global Outboard and Inboard Engines market?
What factors are driving Outboard and Inboard Engines market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Outboard and Inboard Engines market opportunities vary by end market size?
How does Outboard and Inboard Engines break out type, application?
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