5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 24 Small Marine Engines Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Surge in Demand for Outdoor Recreation and Personal Mobility
5.2.1.2 Growth of Fishing Industry
Figure 25 Distribution of World's Fishing Vessels, by Continent, 2020
5.2.1.3 Emphasis on Coastal Security and Defense
5.2.2 Restraints
5.2.2.1 Stringent Environmental Regulations for Decarbonization
Figure 26 Imo Global Sulfur Cap
Figure 27 Global Energy-Related Co2 Emissions, 2010 to 2021
5.2.2.2 Lack of Marine Infrastructure in Developing Economies
5.2.3 Opportunities
5.2.3.1 Increase in Installation of Offshore Energy Facilities
Table 2 Policies Targeting at Least 10 Gw of Offshore Wind by 2030
Figure 28 Installed Renewable Energy Capacity, 2016-2021
5.2.3.2 Growing Investments in Electrification Projects for Marine Applications
5.2.4 Challenges
5.2.4.1 High Lead Times
5.3 Trends/Disruptions Impacting Customers’ Businesses
5.3.1 Revenue Shift and New Revenue Pockets for Small Marine Engine Providers
Figure 29 Revenue Shift for Small Marine Engines Providers
5.4 Market Map
Figure 30 Market Map: Market
Table 3 Market: Ecosystem
5.5 Value Chain Analysis
Figure 31 Market: Value Chain Analysis
5.5.1 Raw Material Providers/Suppliers
5.5.2 Component Manufacturers
5.5.3 Marine Engine Manufacturers/Assemblers
5.5.4 Distributors (Buyers)/End-Users
5.5.5 Post-Sales Service Providers
5.6 Technology Analysis
5.6.1 IoT-Connected Small Marine Engines
5.6.2 Dual-Fuel and Hybrid Small Marine Engines
5.7 Pricing Analysis
5.7.1 Average Selling Prices of Small Marine Engines, by Displacement
Table 4 Average Selling Prices of Small Marine Engines, 2021
Table 5 Average Selling Prices of Small Marine Engines, by Displacement, of Key Players (2021)
Figure 32 Average Selling Prices of Offerings of Key Players, by Displacement
5.8 Key Conferences & Events, 2022-2023
Table 6 Market: Detailed List of Conferences & Events
5.9 Tariff and Regulatory Landscape
5.9.1 Tariffs Related to Small Marine Engines
Table 7 Import Tariffs for Hs Code 840810 Marine Propulsion Engines in 2019
Table 8 Import Tariffs for Hs Code 840729 Marine Propulsion Spark-Ignition Engines in 2019
5.10 Trade Analysis
5.10.1 Trade Analysis for Hs 840810 Marine Propulsion Engines, Diesel
5.10.1.1 Export Scenario
Table 9 Export Scenario for Hs Code 840810, by Country, 2019-2021 (USD)
5.10.1.2 Import Scenario
Table 10 Import Scenario for Hs Code 842129, by Country, 2019-2021 (USD)
5.10.2 Trade Analysis for Hs 840729 Marine Propulsion Spark-Ignition Engines
5.10.2.1 Export Scenario
Table 11 Export Scenario for Hs Code 840729, by Country, 2019-2021 (USD)
5.10.2.2 Import Scenario
Table 12 Import Scenario for Hs Code 840729, by Country, 2019-2021 (USD)
5.10.3 Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Rest of World: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.10.4 Codes and Regulations Related to Small Marine Engines
Table 17 Small Marine Engines: Codes and Regulations
5.11 Innovations and Patent Registrations
Table 18 Small Marine Engines: Innovations and Patent Registrations, March 2018-January 2022
5.12 Porter's Five Forces Analysis
Figure 33 Market: Porter's Five Forces Analysis
Table 19 Market: Porter's Five Forces Analysis
5.12.1 Threat of Substitutes
5.12.2 Bargaining Power of Suppliers
5.12.3 Bargaining Power of Buyers
5.12.4 Threat of New Entrants
5.12.5 Intensity of Competitive Rivalry
5.13 Key Stakeholders & Buying Criteria
5.13.1 Key Stakeholders in Buying Process
Figure 34 Influence of Key Stakeholders in Buying Process for Top 3 Applications
Table 20 Influence of Key Stakeholders in Buying Process for Top 3 Applications
5.14 Buying Criteria
Figure 35 Influence of Key Stakeholders in Buying Process for Top 3 Applications
Table 21 Key Buying Criteria for Top 3 Applications
5.15 Case Study Analysis
5.15.1 Yanmar Launches Marine Engines for Application in Fishing Boats
5.15.1.1 Problem Statement: March 2020
5.15.1.2 Solution
5.15.2 Yanmar Provides Marine Diesel Engines for Reliable and Smooth Operations
5.15.2.1 Problem Statement: September 2021
5.15.2.2 Solution
8 Small Marine Engines Market, by Placement
8.1 Introduction
Figure 38 Market, by Placement, 2021
Table 38 Market, by Placement, 2020-2027 (USD Million)
Table 39 Market, by Placement, 2020-2027 (Thousand Units)
8.2 Outboard
8.2.1 Are Easy to Use and Require Low Maintenance
Figure 39 Outboard Market, by Model, 2021
Table 40 Outboard: Market, by Region, 2020-2027 (USD Million)
Table 41 Outboard: Market, by Region, 2020-2027 (Thousand Units)
Table 42 Outboard: Market, by Model, 2020-2027 (USD Million)
Table 43 Outboard: Market, by Model, 2020-2027 (Thousand Units)
Table 44 Outboard: Gasoline Type Market, by Region, 2020-2027 (USD Million)
Table 45 Outboard: Gasoline Type Market, by Region, 2020-2027 (Thousand Units)
Table 46 Outboard: Diesel Type Market, by Region, 2020-2027 (USD Million)
Table 47 Outboard: Diesel Type Market, by Region, 2020-2027 (Thousand Units)
Table 48 Outboard: Electric Type Market, by Region, 2020-2027 (USD Million)
Table 49 Outboard: Electric Type Market, by Region, 2020-2027 (Thousand Units)
8.3 Inboard
8.3.1 Designed for Vessels Requiring High Horsepower and Torque
Figure 40 Inboard Market, by Model, 2021
Table 50 Inboard: Market, by Region, 2020-2027 (USD Million)
Table 51 Inboard: Market, by Region, 2020-2027 (Thousand Units)
Table 52 Inboard: Market, by Model, 2020-2027 (USD Million)
Table 53 Inboard: Market, by Model, 2020-2027 (Thousand Units)
Table 54 Inboard: Gasoline Type Market, by Region, 2020-2027 (USD Million)
Table 55 Inboard: Gasoline Type Market, by Region, 2020-2027 (Thousand Units)
Table 56 Inboard: Diesel Type Market, by Region, 2020-2027 (USD Million)
Table 57 Inboard: Diesel Type Market, by Region, 2020-2027 (Thousand Units)
Table 58 Inboard: Electric Type Market, by Region, 2020-2027 (USD Million)
Table 59 Inboard: Electric Type Market, by Region, 2020-2027 (Thousand Units) 8.4 Others
Figure 41 Others Market, by Model, 2021
Table 60 Others: Market, by Region, 2020-2027 (USD Million)
Table 61 Others: Market, by Region, 2020-2027 (Thousand Units)
Table 62 Others: Market, by Model, 2020-2027 (USD Million)
Table 63 Others: Market, by Model, 2020-2027 (Thousand Units)
Table 64 Others: Gasoline-Type Market, by Region, 2020-2027 (USD Million)
Table 65 Others: Gasoline-Type Market, by Region, 2020-2027 (Thousand Units)
Table 66 Others: Diesel-Type Market, by Region, 2020-2027 (USD Million)
Table 67 Others: Diesel-Type Market, by Region, 2020-2027 (Thousand Units)
Table 68 Others: Electric-Type Market, by Region, 2020-2027 (USD Million)
Table 69 Others: Electric-Type Market, by Region, 2020-2027 (Thousand Units)
9 Small Marine Engines Market, by Application
9.1 Introduction
Figure 42 Market, by Application, 2021
Table 70 Market, by Application, 2020-2027 (USD Million)
Table 71 Market, by Application, 2020-2027 (Thousand Units)
9.2 Recreational Boats
Table 72 Recreational Boats: Market, by Region, 2020-2027 (USD Million)
Table 73 Recreational Boats: Market, by Region, 2020-2027 (Thousand Units)
9.2.1 Yachts
9.2.1.1 Majorly Driven by Inboard Small Marine Engines
9.2.2 Cruiser Boats
9.2.2.1 Require Less Maintenance
9.2.3 Others
9.3 Support Vessels
Table 74 Support Vessels: Market, by Region, 2020-2027 (USD Million)
Table 75 Support Vessels: Market, by Region, 2020-2027 (Thousand Units)
9.3.1 Fire Boats
9.3.1.1 Mainly Operated by Diesel-Based Small Marine Engines
9.3.2 Rescue Boats
9.3.2.1 Employ Petrol-Driven Outboard Small Marine Engines
9.3.3 Others
9.4 Coastal Boats
Table 76 Coastal Boats: Market, by Region, 2020-2027 (USD Million)
Table 77 Coastal Boats: Market, by Region, 2020-2027 (Thousand Units)
9.4.1 Patrol Boats
9.4.1.1 Used to Perform Rescue Operations and Ensure Coastal Security
9.4.2 Others
9.5 Fishing Boats
9.5.1 Spurt in Global Fish Production to Drive Market
Table 78 Fishing Boats: Market, by Region, 2020-2027 (USD Million)
Table 79 Fishing Boats: Market, by Region, 2020-2027 (Thousand Units)
9.6 Others
Table 80 Other Applications: Market, by Region, 2020-2027 (USD Million)
Table 81 Other Applications: Market, by Region, 2020-2027 (Thousand Units)
10 Small Marine Engines Market, by Region
10.1 Introduction
Figure 43 Small Marine Engines Market Share, by Region, 2021 (%)
Figure 44 Market in Asia-Pacific to Register Highest CAGR from 2022 to 2027
Table 82 Market, by Region, 2020-2027 (USD Million)
Table 83 Market, by Region, 2020-2027 (Thousand Units)
10.2 North America
Figure 45 North America: Market Snapshot
10.2.1 by Model
Table 84 North America: Market, by Model, 2020-2027 (USD Million)
Table 85 North America: Market, by Model, 2020-2027 (Thousand Units)
10.2.2 by Displacement
Table 86 North America: Market, by Displacement, 2020-2027 (USD Million)
Table 87 North America: Market, by Displacement, 2020-2027 (Thousand Units)
10.2.3 by Placement
Table 88 North America: Market, by Placement, 2020-2027 (USD Million)
Table 89 North America: Market, by Placement, 2020-2027 (Thousand Units)
Table 90 North America: Outboard Market, by Model, 2020-2027 (USD Million)
Table 91 North America: Outboard Market, by Model, 2020-2027 (Thousand Units)
Table 92 North America: Inboard Market, by Model, 2020-2027 (USD Million)
Table 93 North America: Inboard Market, by Model, 2020-2027 (Thousand Units)
Table 94 North America: Others Market, by Model, 2020-2027 (USD Million)
Table 95 North America: Others Market, by Model, 2020-2027 (Thousand Units)
10.2.4 by Application
Table 96 North America: Market, by Application, 2020-2027 (USD Million)
Table 97 North America: Market, by Application, 2020-2027 (Thousand Units)
10.2.5 by Country
Table 98 North America: Market, by Country, 2020-2027 (USD Million)
Table 99 North America: Market, by Country, 2020-2027 (Thousand Units)
10.2.6 US
10.2.6.1 Surge in Recreation Activities
Table 100 Us: Market, by Displacement, 2020-2027 (USD Million)
Table 101 Us: Market, by Displacement, 2020-2027 (Thousand Units)
10.2.7 Canada
10.2.7.1 Spurt in Boating Activities
Table 102 Canada: Market, by Displacement, 2020-2027 (USD Million)
Table 103 Canada: Market, by Displacement, 2020-2027 (Thousand Units)
10.2.8 Mexico
10.2.8.1 Large-Scale Exploration of Oil and Gas
Table 104 Mexico: Market, by Displacement, 2020-2027 (USD Million)
Table 105 Mexico: Market, by Displacement, 2020-2027 (Thousand Units)
10.3 Europe
Figure 46 Europe: Market Snapshot
10.3.1 by Model
Table 106 Europe: Market, by Model, 2020-2027 (USD Million)
Table 107 Europe: Market, by Model, 2020-2027 (Thousand Units)
10.3.2 by Displacement
Table 108 Europe: Market, by Displacement, 2020-2027 (USD Million)
Table 109 Europe: Market, by Displacement, 2020-2027 (Thousand Units)
10.3.3 by Placement
Table 110 Europe: Market, by Placement, 2020-2027 (USD Million)
Table 111 Europe: Market, by Placement, 2020-2027 (Thousand Units)
Table 112 Europe: Outboard Market, by Model, 2020-2027 (USD Million)
Table 113 Europe: Outboard Market, by Model, 2020-2027 (Thousand Units)
Table 114 Europe: Inboard Market, by Model, 2020-2027 (USD Million)
Table 115 Europe: Inboard Market, by Model, 2020-2027 (Thousand Units)
Table 116 Europe: Others Market, by Model, 2020-2027 (USD Million)
Table 117 Europe: Others Market, by Model, 2020-2027 (Thousand Units)
10.3.4 by Application
Table 118 Europe: Market, by Application, 2020-2027 (USD Million)
Table 119 Europe: Market, by Application, 2020-2027 (Thousand Units)
10.3.5 by Country
Table 120 Europe: Market, by Country, 2020-2027 (USD Million)
Table 121 Europe: Market, by Country, 2020-2027 (Thousand Units)
10.3.5.1 Germany
10.3.5.1.1 Increase in Fish Imports
Table 122 Germany: Market, by Displacement, 2020-2027 (USD Million)
Table 123 Germany: Market, by Displacement, 2020-2027 (Thousand Units)
10.3.5.2 Italy
10.3.5.2.1 Surge in Boatbuilding Activities
Table 124 Italy: Market, by Displacement, 2020-2027 (USD Million)
Table 125 Italy: Market, by Displacement, 2020-2027 (Thousand Units)
10.3.5.3 UK
10.3.5.3.1 Increase in Trade Activities
Table 126 Uk: Market, by Displacement, 2020-2027 (USD Million)
Table 127 Uk: Market, by Displacement, 2020-2027 (Thousand Units)
10.3.5.4 France
10.3.5.4.1 Digitalization of Major Seaports
Table 128 France: Market, by Displacement, 2020-2027 (USD Million)
Table 129 France: Market, by Displacement, 2020-2027 (Thousand Units)
10.3.5.5 Rest of Europe
Table 130 Rest of Europe: Market, by Displacement, 2020-2027 (USD Million)
Table 131 Rest of Europe: Market, by Displacement, 2020-2027 (Thousand Units)
10.4 Asia-Pacific
10.4.1 by Model
Table 132 Asia-Pacific: Market, by Model, 2020-2027 (USD Million)
Table 133 Asia-Pacific: Market, by Model, 2020-2027 (Thousand Units)
10.4.2 by Displacement
Table 134 Asia-Pacific: Market, by Displacement, 2020-2027 (USD Million)
Table 135 Asia-Pacific: Market, by Displacement, 2020-2027 (Thousand Units)
10.4.3 by Placement
Table 136 Asia-Pacific: Market, by Placement, 2020-2027 (USD Million)
Table 137 Asia-Pacific: Market, by Placement, 2020-2027 (Thousand Units)
Table 138 Asia-Pacific: Outboard Market, by Model, 2020-2027 (USD Million)
Table 139 Asia-Pacific: Outboard Market, by Model, 2020-2027 (Thousand Units)
Table 140 Asia-Pacific: Inboard Market, by Model, 2020-2027 (USD Million)
Table 141 Asia-Pacific: Inboard Market, by Model, 2020-2027 (Thousand Units)
Table 142 Asia-Pacific: Others Market, by Model, 2020-2027 (USD Million)
Table 143 Asia-Pacific: Others Market, by Model, 2020-2027 (Thousand Units)
10.4.4 by Application
Table 144 Asia-Pacific: Market, by Application, 2020-2027 (USD Million)
Table 145 Asia-Pacific: Market, by Application, 2020-2027 (Thousand Units)
10.4.5 by Country
Table 146 Asia-Pacific: Market, by Country, 2020-2027 (USD Million)
Table 147 Asia-Pacific: Market, by Country, 2020-2027 (Thousand Units)
10.4.5.1 China
10.4.5.1.1 Standards and Regulations to Reduce Emissions
Table 148 China: Market, by Displacement, 2020-2027 (USD Million)
Table 149 China: Market, by Displacement, 2020-2027 (Thousand Units)
10.4.5.2 India
10.4.5.2.1 Huge Investments in Fishing Industry
Table 150 India: Market, by Displacement, 2020-2027 (USD Million)
Table 151 India: Market, by Displacement, 2020-2027 (Thousand Units)
10.4.5.3 Japan
10.4.5.3.1 Growing Adoption of Private Pleasure Boats
Table 152 Japan: Market, by Displacement, 2020-2027 (USD Million)
Table 153 Japan: Market, by Displacement, 2020-2027 (Thousand Units)
10.4.5.4 Australia
10.4.5.4.1 Increase in Recreational Fishing Activities
Table 154 Australia: Market, by Displacement, 2020-2027 (USD Million)
Table 155 Australia: Market, by Displacement, 2020-2027 (Thousand Units)
10.4.6 Rest of Asia-Pacific
Table 156 Rest of Asia-Pacific: Market, by Displacement, 2020-2027 (USD Million)
Table 157 Rest of Asia-Pacific: Market, by Displacement, 2020-2027 (Thousand Units)
10.5 Middle East & Africa
10.5.1 by Model
Table 158 Middle East & Africa: Market, by Model, 2020-2027 (USD Million)
Table 159 Middle East & Africa: Market, by Model, 2020-2027 (Thousand Units)
10.5.2 by Displacement
Table 160 Middle East & Africa: Market, by Displacement, 2020-2027 (USD Million)
Table 161 Middle East & Africa: Market, by Displacement, 2020-2027 (Thousand Units)
10.5.3 by Placement
Table 162 Middle East & Africa: Market, by Placement, 2020-2027 (USD Million)
Table 163 Middle East & Africa: Market, by Placement, 2020-2027 (Thousand Units)
Table 164 Middle East & Africa: Outboard Market, by Model, 2020-2027 (USD Million)
Table 165 Middle East & Africa: Outboard Market, by Model, 2020-2027 (Thousand Units)
Table 166 Middle East & Africa: Inboard Market, by Model, 2020-2027 (USD Million)
Table 167 Middle East & Africa: Inboard Market, by Model, 2020-2027 (Thousand Units)
Table 168 Middle East & Africa: Others Market, by Model, 2020-2027 (USD Million)
Table 169 Middle East & Africa: Others Market, by Model, 2020-2027 (Thousand Units)
10.5.4 by Application
Table 170 Middle East & Africa: Market, by Application, 2020-2027 (USD Million)
Table 171 Middle East & Africa: Market, by Application, 2020-2027 (Thousand Units)
10.5.5 by Country
Table 172 Middle East & Africa: Market, by Country, 2020-2027 (USD Million)
Table 173 Middle East & Africa: Market, by Country, 2020-2027 (Thousand Units)
10.5.5.1 Uae
10.5.5.1.1 Increase in Yacht Manufacturing
Table 174 Uae: Market, by Displacement, 2020-2027 (USD Million)
Table 175 Uae: Market, by Displacement, 2020-2027 (Thousand Units)
10.5.5.2 Saudi Arabia
10.5.5.2.1 Demand from Tourism and Defense Sectors
Table 176 Saudi Arabia: Market, by Displacement, 2020-2027 (USD Million)
Table 177 Saudi Arabia: Market, by Displacement, 2020-2027 (Thousand Units)
10.5.5.3 South Africa
10.5.5.3.1 Government Support and Funds for Development of Fisheries Sector
Table 178 South Africa: Market, by Displacement, 2020-2027 (USD Million)
Table 179 South Africa: Market, by Displacement, 2020-2027 (Thousand Units)
10.5.5.4 Rest of Middle East & Africa
Table 180 Rest of Middle East & Africa: Market, by Displacement, 2020-2027 (USD Million)
Table 181 Rest of Middle East & Africa: Market, by Displacement, 2020-2027 (Thousand Units)
10.6 South America
10.6.1 by Model
Table 182 South America: Market, by Model, 2020-2027 (USD Million)
Table 183 South America: Market, by Model, 2020-2027 (Thousand Units)
10.6.2 by Displacement
Table 184 South America: Market, by Displacement, 2020-2027 (USD Million)
Table 185 South America: Market, by Displacement, 2020-2027 (Thousand Units)
10.6.3 by Placement
Table 186 South America: Market, by Placement, 2020-2027 (USD Million)
Table 187 South America: Market, by Placement, 2020-2027 (Thousand Units)
Table 188 South America: Outboard Market, by Model, 2020-2027 (USD Million)
Table 189 South America: Outboard Market, by Model, 2020-2027 (Thousand Units)
Table 190 South America: Inboard Market, by Model, 2020-2027 (USD Million)
Table 191 South America: Inboard Market, by Model, 2020-2027 (Thousand Units)
Table 192 South America: Others Market, by Model, 2020-2027 (USD Million)
Table 193 South America: Others Market, by Model, 2020-2027 (Thousand Units)
10.6.4 by Application
Table 194 South America: Market, by Application, 2020-2027 (USD Million)
Table 195 South America: Market, by Application, 2020-2027 (Thousand Units)
10.6.5 by Country
Table 196 South America: Market, by Country, 2020-2027 (USD Million)
Table 197 South America: Market, by Country, 2020-2027 (Thousand Units)
10.6.5.1 Brazil
10.6.5.1.1 Unprecedented Growth in Average Production of Boats
Table 198 Brazil: Market, by Displacement, 2020-2027 (USD Million)
Table 199 Brazil: Market, by Displacement, 2020-2027 (Thousand Units)
10.6.5.2 Argentina
10.6.5.2.1 Demand for Offshore Patrol Vessels from Navy
Table 200 Argentina: Market, by Displacement, 2020-2027 (USD Million)
Table 201 Argentina: Market, by Displacement, 2020-2027 (Thousand Units)
10.6.5.3 Rest of South America
Table 202 Rest of South America: Market, by Displacement, 2020-2027 (USD Million)
Table 203 Rest of South America: Market, by Displacement, 2020-2027 (Thousand Units)