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The outboard motor market is forecasted to grow by USD 1.25 bn during 2023-2028, accelerating at a CAGR of 4.46% during the forecast period. The report on the outboard motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in world boat championship programs, growing demand for recreational boating activities worldwide, and expansion of marina infrastructure and waterfront developments.
The outboard motor market is segmented as below:
By Type
- Electric
- Manual
By Application
- Commercial
- Recreational
- Military
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the outboard motor market covers the following areas:
- Outboard motor market sizing
- Outboard motor market forecast
- Outboard motor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global outboard motor market: AB Volvo, Bombardier Recreational Products Inc., Brunswick Corp., Cox Powertrain Ltd., DEUTZ AG, Elco Motor Yachts, Golden Motor Technologies Co. Ltd., Hangzhou Hidea Power Machinery Co. Ltd., Honda Motor Co. Ltd., Johnson Outdoors Inc., Kraeutler Elektromaschinen GmbH, LEHR Holdings LLC, Oxe Marine AB, Power Tec Outboards, Ray Electric Outboards Inc., Selva SpA, Suzhou Parsun Power Machine Co. Ltd., Suzuki Motor Corp., Tohatsu Corp., and Yamaha Motor Co. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increase in launches and collaboration in outboard motor industry.'
According to the report, one of the major drivers for this market is the rise in world boat championship programs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Bombardier Recreational Products Inc.
- Brunswick Corp.
- Cox Powertrain Ltd.
- DEUTZ AG
- Elco Motor Yachts
- Golden Motor Technologies Co. Ltd.
- Hangzhou Hidea Power Machinery Co. Ltd.
- Honda Motor Co. Ltd.
- Johnson Outdoors Inc.
- Kraeutler Elektromaschinen GmbH
- LEHR Holdings LLC
- Oxe Marine AB
- Power Tec Outboards
- Ray Electric Outboards Inc.
- Selva SpA
- Suzhou Parsun Power Machine Co. Ltd.
- Suzuki Motor Corp.
- Tohatsu Corp.
- Yamaha Motor Co. Ltd.