Global Outboard Motors Market Growth 2023-2029

Global Outboard Motors Market Growth 2023-2029

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

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

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

The global Outboard Motors market size is projected to grow from US$ 4378.5 million in 2022 to US$ 5403.2 million in 2029; it is expected to grow at a CAGR of 5403.2 from 2023 to 2029.

United States market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Outboard Motors players cover Torqeedo, Minn Kota, MotorGuide, AquaWatt, CSM Tech, Elco Motor Yachts, Krautler Elektromaschinen, Ray Electric Outboards and Aquamot, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Low Power (below 10 HP)
Medium Power (10-35 HP)
Large Power (Above 35 HP)

Segmentation by application
Smaller Boats
Kayak
Commercial and Pleasure Craft

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.
Torqeedo
Minn Kota
MotorGuide
AquaWatt
CSM Tech
Elco Motor Yachts
Krautler Elektromaschinen
Ray Electric Outboards
Aquamot
Suzhou Parsun Power Machine
EPropulsion Technology
Ray Electric Outboards

Key Questions Addressed in this Report

What is the 10-year outlook for the global Outboard Motors market?

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

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

How do Outboard Motors market opportunities vary by end market size?

How does Outboard Motors 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.