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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215473

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215473

Global Outboard Engines Market Size study & Forecast, by Engine Type, by Power, by Application, by Fuel Type and Regional Analysis, 2022-2029

PUBLISHED: February 8, 2023

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DELIVERY TIME: 2-3 business days

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Global Outboard Engines Market is valued at approximately USD 9.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3 % over the forecast period 2022-2029. An outboard motor is a system for boats consisting of gears, motors, propellers, and jets. Outboards are widely used in the recreational sector because they are slightly cheaper, more flexible, have higher seating capacity, and are easier to maintain. The increasing use of outboard motors in fishing vessels and shipping activities is expected to increase the demand for such motors. The global outboard motor industry is highly integrated, highly competitive and dominated by the top five companies. Yamaha Motor Co., Ltd., as one of the top players, holds almost 40% market share. The increasing expansion of travel and tourism industry and growing watersports and boating activities are key factors accelerating the market growth.

The growing expansion of travel and tourism sector is contributing towards the growth of Global Outboard Engines Market. For instance, as per Statista - as of 2022, the revenue in the Travel & Tourism market is estimated at USD 734.60 billion, and the revenue is projected to show an annual growth rate of 6.70% between 2022 and 2027, to reach a market volume of USD 1,016 billion by 2027. Also, high demand for advanced outboard engines and increasing investment in the tourism industry would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Outboard Engines stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Outboard Engines Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and increasing popularity of water sports activities in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of tourism industry in post covid era and increasing penetration of leading market players in the region.

Major market players included in this report are:

Yamaha Motor Co. Limited

Brunswick Corporation (Mercury Marine)

Suzuki Motor Corporation

Honda Motor Co. Inc.

Bombardier Recreational Products Inc

Tohatsu Corporation

AB Volvo

Suzhou Parsun Power Machine Co. Ltd

Hidea Power Machinery Co. Ltd.

Recent Developments in the Market:

In February 2021, Mercury Marine launched a 600 hp outboard engine. This new engine has 600 hp power and a volume of 7.6 liters.

Global Outboard Engines Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Engine Type, Power, Application, Fuel Type, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Engine Type

2-Stroke

4-Stroke

By Power

75 kW

75-110 kW

110-150 kW

>150 kW

By Application

Commercial

Recreational and Special Purposes

By Fuel Type

Diesel

Gasoline

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Outboard Engines Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Outboard Engines Market, by Engine Type, 2019-2029 (USD Billion)
- 1.2.3. Outboard Engines Market, by Power, 2019-2029 (USD Billion)
- 1.2.4. Outboard Engines Market, by Application, 2019-2029 (USD Billion)
- 1.2.5. Outboard Engines Market, by Fuel Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Outboard Engines Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Outboard Engines Market Dynamics

3.1. Outboard Engines Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing expansion of travel and tourism industry
  - 3.1.1.2. Growing watersports and boating activities
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Outboard Engines
- 3.1.3. Market Opportunities
  - 3.1.3.1. High demand for advanced outboard engines
  - 3.1.3.2. Increasing investment in tourism industry

Chapter 4. Global Outboard Engines Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Outboard Engines Market, by Engine Type

6.1. Market Snapshot
6.2. Global Outboard Engines Market by Engine Type, Performance - Potential Analysis
6.3. Global Outboard Engines Market Estimates & Forecasts by Engine Type 2019-2029 (USD Billion)
6.4. Outboard Engines Market, Sub Segment Analysis
- 6.4.1. 2-Stroke
- 6.4.2. 4-Stroke

Chapter 7. Global Outboard Engines Market, by Power

7.1. Market Snapshot
7.2. Global Outboard Engines Market by Power, Performance - Potential Analysis
7.3. Global Outboard Engines Market Estimates & Forecasts by Power 2019-2029 (USD Billion)
7.4. Outboard Engines Market, Sub Segment Analysis
- 7.4.1. 75 kW
- 7.4.2. 75-110 kW
- 7.4.3. 110-150 kW
- 7.4.4. >150 kW

Chapter 8. Global Outboard Engines Market, by Application

8.1. Market Snapshot
8.2. Global Outboard Engines Market by Application, Performance - Potential Analysis
8.3. Global Outboard Engines Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Outboard Engines Market, Sub Segment Analysis
- 8.4.1. Commercial
- 8.4.2. Recreational and Special Purposes

Chapter 9. Global Outboard Engines Market, by Fuel Type

9.1. Market Snapshot
9.2. Global Outboard Engines Market by Fuel Type, Performance - Potential Analysis
9.3. Global Outboard Engines Market Estimates & Forecasts by Fuel Type 2019-2029 (USD Billion)
9.4. Outboard Engines Market, Sub Segment Analysis
- 9.4.1. Diesel
- 9.4.2. Gasoline

Chapter 10. Global Outboard Engines Market, Regional Analysis

10.1. Outboard Engines Market, Regional Market Snapshot
10.2. North America Outboard Engines Market
- 10.2.1. U.S. Outboard Engines Market
  - 10.2.1.1. Engine Type breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Power breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. Fuel Type breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Outboard Engines Market
10.3. Europe Outboard Engines Market Snapshot
- 10.3.1. U.K. Outboard Engines Market
- 10.3.2. Germany Outboard Engines Market
- 10.3.3. France Outboard Engines Market
- 10.3.4. Spain Outboard Engines Market
- 10.3.5. Italy Outboard Engines Market
- 10.3.6. Rest of Europe Outboard Engines Market
10.4. Asia-Pacific Outboard Engines Market Snapshot
- 10.4.1. China Outboard Engines Market
- 10.4.2. India Outboard Engines Market
- 10.4.3. Japan Outboard Engines Market
- 10.4.4. Australia Outboard Engines Market
- 10.4.5. South Korea Outboard Engines Market
- 10.4.6. Rest of Asia Pacific Outboard Engines Market
10.5. Latin America Outboard Engines Market Snapshot
- 10.5.1. Brazil Outboard Engines Market
- 10.5.2. Mexico Outboard Engines Market
- 10.5.3. Rest of Latin America Outboard Engines Market
10.6. Rest of The World Outboard Engines Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Yamaha Motor Co. Limited
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Brunswick Corporation (Mercury Marine)
- 11.2.3. Suzuki Motor Corporation
- 11.2.4. Honda Motor Co. Inc.
- 11.2.5. Bombardier Recreational Products Inc
- 11.2.6. Tohatsu Corporation
- 11.2.7. AB Volvo
- 11.2.8. Suzhou Parsun Power Machine Co. Ltd
- 11.2.9. Hidea Power Machinery Co. Ltd.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Outboard Engines Market, report scope
TABLE 2. Global Outboard Engines Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Outboard Engines Market estimates & forecasts by Engine Type 2019-2029 (USD Billion)
TABLE 4. Global Outboard Engines Market estimates & forecasts by Power 2019-2029 (USD Billion)
TABLE 5. Global Outboard Engines Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Outboard Engines Market estimates & forecasts by Fuel Type 2019-2029 (USD Billion)
TABLE 7. Global Outboard Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Outboard Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Outboard Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Outboard Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Outboard Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Outboard Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Outboard Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Outboard Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Outboard Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Outboard Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Outboard Engines Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Outboard Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Outboard Engines Market
TABLE 72. List of primary sources, used in the study of global Outboard Engines Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered