The outboard engines market size is poised to grow by USD 18.12 billion by 2033 from USD 10.58 billion in 2023, exhibiting a CAGR of 5.53% during the forecast period 2024-2033.
Key Points
- In 2023, North America held the largest share of the global outboard engines market.
- Asia Pacific is observed to be the fastest-growing region during the forecast period.
- By engine type, the 2-stroke segment held the largest share in the outboard engines market in 2023.
- By ignition type, the electric segment held the largest share of the market in 2023.
- By fuel type, the diesel segment held the largest market share in 2023.
- By application, the commercial segment held the largest share of the market.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Outboard engines market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Outboard engines Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Outboard Engines Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 5.53% |
Global Market Size in 2023 | USD 10.58 Billion |
Global Market Size by 2033 | USD 18.12 Billion |
U.S. Market Size in 2023 | USD 4.28 Billion |
U.S. Market Size by 2033 | USD 7.34 Billion |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Engine Type, By Ignition Type, By Fuel Type, and By Application |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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The empirical study on the global Outboard engines market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Outboard engines Market. Our market report for the Outboard engines market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Outboard Engines Market Companies
- Yamaha Motor Co. Ltd.
- Honda Marine.
- Suzuki Motor Corporation.
- Tohatsu Corporation.
- Brunswick Corporation.
Data Sources and Methodology
To gather comprehensive insights on the Global Outboard engines Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Outboard engines Market.
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- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2024 to 2033.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Engine Type
- 2 – Stroke
- 4 – Stroke
By Ignition Type
- Electric
- Manual
By Fuel Type
- Diesel
- Gasoline
- Electric
By Application
- Commercial
- Recreational
- Military
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Outboard engines market.
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Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Outboard Engines Market
5.1. COVID-19 Landscape: Outboard Engines Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Outboard Engines Market, By Engine Type
8.1. Outboard Engines Market Revenue and Volume Forecast, by Engine Type, 2024-2033
8.1.1. 2 – Stroke
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. 4 – Stroke
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. Global Outboard Engines Market, By Ignition Type
9.1. Outboard Engines Market Revenue and Volume Forecast, by Ignition Type, 2024-2033
9.1.1. Electric
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Manual
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. Global Outboard Engines Market, By Fuel Type
10.1. Outboard Engines Market Revenue and Volume Forecast, by Fuel Type, 2024-2033
10.1.1. Diesel
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Gasoline
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
10.1.3. Electric
10.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. Global Outboard Engines Market, By Application
11.1. Outboard Engines Market Revenue and Volume Forecast, by Application, 2024-2033
11.1.1. Commercial
11.1.1.1. Market Revenue and Volume Forecast (2021-2033)
11.1.2. Recreational
11.1.2.1. Market Revenue and Volume Forecast (2021-2033)
11.1.3. Military
11.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 12. Global Outboard Engines Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.1.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.1.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.1.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.1.5.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.1.5.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.1.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.1.6.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.1.6.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.1.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.2.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.2.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.2.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.2.5.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.2.5.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.2.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.2.6.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.2.6.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.2.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.2.7.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.2.7.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.2.7.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.2.8.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.2.8.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.2.8.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.3.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.3.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.3.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.3.5.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.3.5.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.3.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.3.6.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.3.6.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.3.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.3.7.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.3.7.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.3.7.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.3.8.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.3.8.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.3.8.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.4.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.4.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.4.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.4.5.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.4.5.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.4.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.4.6.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.4.6.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.4.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.4.7.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.4.7.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.4.7.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.4.8.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.4.8.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.4.8.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.5.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.5.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.5.5.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.5.5.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.5.5.4. Market Revenue and Volume Forecast, by Application (2021-2033)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Engine Type (2021-2033)
12.5.6.2. Market Revenue and Volume Forecast, by Ignition Type (2021-2033)
12.5.6.3. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)
12.5.6.4. Market Revenue and Volume Forecast, by Application (2021-2033)
Chapter 13. Company Profiles
13.1. Yamaha Motor Co. Ltd.
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Honda Marine.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Suzuki Motor Corporation.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Tohatsu Corporation.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Brunswick Corporation.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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