Inboard Electric Motor Market Report: Trends, Forecast and Competitive Analysis to 2030

Inboard Electric Motor Trends and Forecast

The future of the global inboard electric motor market looks promising with opportunities in the civil entertainment and municipal markets. The global inboard electric motor market is expected to reach an estimated $7.95 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are high demand for low-emission vehicle, growing need for heating and cooling in places of residence, business, and industry, and rising usage of electrical equipment and machinery in various sectors.

A more than 150-page report is developed to help in your business decisions.

Inboard Electric Motor by Segment

The study includes a forecast for the global inboard electric motor by type, application, and region.

Inboard Electric Motor Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Low Power (Below 10 HP)
• Medium Power (10-35 HP)
• Large Power (Above 35 HP)

Inboard Electric Motor Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Civil Entertainment
• Municipal
• Others

Inboard Electric Motor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Inboard Electric Motor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies inboard electric motor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the inboard electric motor companies profiled in this report include-

• Krautler Elektromaschinen
• Elco Motor Yachts
• TEMA
• Transfluid
• Torqeedo
• Oceanvolt
• Piktronik
• Star Investments
• Ingeteam Power Technology
• Aquamot

Inboard Electric Motor Market Insights

Lucintel forecasts that lower power (below 10 HP) is expected to witness highest growth over the forecast period because it is inexpensive to purchase and maintain, reduced emissions, reduced noise, and reduced maintenance.

APAC is expected to witness highest growth over the forecast period due to increasing demand in end markets including power, automotive, and industrial in nations like China and India, and growing consumer demand for electric automobiles in this region.

Features of the Global Inboard Electric Motor Market

Market Size Estimates: Inboard electric motor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Inboard electric motor market size by type, application, and region in terms of value ($B).

Regional Analysis: Inboard electric motor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the inboard electric motor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the inboard electric motor market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the inboard electric motor market size?

Answer: The global inboard electric motor market is expected to reach an estimated $7.95 billion by 2030.

Q.2 What is the growth forecast for inboard electric motor market?

Answer: The global inboard electric motor market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the inboard electric motor market?

Answer: The major drivers for this market are high demand for low-emission vehicle, growing need for heating and cooling in places of residence, business, and industry, and rising usage of electrical equipment and machinery in various sectors.

Q4. What are the major segments for inboard electric motor market?

Answer: The future of the global inboard electric motor market looks promising with opportunities in the civil entertainment and municipal markets.

Q5. Who are the key inboard electric motor market companies?

Answer: Some of the key inboard electric motor companies are as follows:

• Krautler Elektromaschinen
• Elco Motor Yachts
• TEMA
• Transfluid
• Torqeedo
• Oceanvolt
• Piktronik
• Star Investments
• Ingeteam Power Technology
• Aquamot

Q6. Which inboard electric motor market segment will be the largest in future?

Answer: Lucintel forecasts that lower power (below 10 HP) is expected to witness highest growth over the forecast period because it is inexpensive to purchase and maintain, reduced emissions, reduced noise, and reduced maintenance.

Q7. In inboard electric motor market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increasing demand in end markets including power, automotive, and industrial in nations like China and India, and growing consumer demand for electric automobiles in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the inboard electric motor market by type (low power (below 10 HP), medium power (10-35 HP), and large power (above 35 HP)), application (civil entertainment, municipal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?