Outboard Engine is a detachable propulsion system for boats installed outside of the hull (ship), 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. With features of simple structure, light weight, easy disassembly and operation, low noise, it is suitable for use in the river, lakes and coastal waters.
The downstream industries of outboard engine products are personal boat, commercial boat and government enforcement boat. In the recent years, with the recovery of global economic, the development of emerging countries and the growth of recreation expense, the consumption increase of outboard engine will be obvious. In the foreseeable future, the outboard engine products will show an optimistic upward trend.
Although sales of outboard engine products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the outboard engine field hastily.
According to this study, over the next five years the Outboard Engine market will register a 9.7% CAGR in terms of revenue, the global market size will reach US$ 8290 million by 2024, from US$ 4770 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Outboard Engine business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Outboard Engine market by product type, application, key manufacturers and key regions and countries.
This study considers the Outboard Engine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Fuel-oil outboard
Electric outboard
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Personal Boat
Commercial Boat
Government Enforcement Boat
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Yamaha
Brunswick
Honda
BRP
Suzuki
Tohatsu
Parsun
Hidea
Weimin
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Outboard Engine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Outboard Engine market by identifying its various subsegments.
Focuses on the key global Outboard Engine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Outboard Engine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Outboard Engine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
