Abstract
Summary
LPI (LP Information)' newest research report, the “Outboard Motors Industry Forecast” looks at past sales and reviews total world Outboard Motors sales in 2022, providing a comprehensive analysis by region and market sector of projected Outboard Motors sales for 2023 through 2029. With Outboard Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outboard Motors industry.
This Insight Report provides a comprehensive analysis of the global Outboard Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Outboard Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Outboard Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outboard Motors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Outboard Motors.
The global Outboard Motors market size is projected to grow from US$ 4378.5 million in 2022 to US$ 5403.2 million in 2029; it is expected to grow at a CAGR of 5403.2 from 2023 to 2029.
United States market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Outboard Motors players cover Torqeedo, Minn Kota, MotorGuide, AquaWatt, CSM Tech, Elco Motor Yachts, Krautler Elektromaschinen, Ray Electric Outboards and Aquamot, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Outboard Motors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Power (below 10 HP)
Medium Power (10-35 HP)
Large Power (Above 35 HP)
Segmentation by application
Smaller Boats
Kayak
Commercial and Pleasure Craft
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Torqeedo
Minn Kota
MotorGuide
AquaWatt
CSM Tech
Elco Motor Yachts
Krautler Elektromaschinen
Ray Electric Outboards
Aquamot
Suzhou Parsun Power Machine
EPropulsion Technology
Ray Electric Outboards
Key Questions Addressed in this Report
What is the 10-year outlook for the global Outboard Motors market?
What factors are driving Outboard Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Outboard Motors market opportunities vary by end market size?
How does Outboard Motors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
This Insight Report provides a comprehensive analysis of the global Outboard Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Outboard Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Outboard Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outboard Motors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Outboard Motors.
The global Outboard Motors market size is projected to grow from US$ 4378.5 million in 2022 to US$ 5403.2 million in 2029; it is expected to grow at a CAGR of 5403.2 from 2023 to 2029.
United States market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Outboard Motors is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Outboard Motors players cover Torqeedo, Minn Kota, MotorGuide, AquaWatt, CSM Tech, Elco Motor Yachts, Krautler Elektromaschinen, Ray Electric Outboards and Aquamot, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Outboard Motors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Power (below 10 HP)
Medium Power (10-35 HP)
Large Power (Above 35 HP)
Segmentation by application
Smaller Boats
Kayak
Commercial and Pleasure Craft
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Torqeedo
Minn Kota
MotorGuide
AquaWatt
CSM Tech
Elco Motor Yachts
Krautler Elektromaschinen
Ray Electric Outboards
Aquamot
Suzhou Parsun Power Machine
EPropulsion Technology
Ray Electric Outboards
Key Questions Addressed in this Report
What is the 10-year outlook for the global Outboard Motors market?
What factors are driving Outboard Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Outboard Motors market opportunities vary by end market size?
How does Outboard Motors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Outboard Motors Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Outboard Motors by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Outboard Motors by Country/Region, 2018, 2022 & 2029
2.2 Outboard Motors Segment by Type
2.2.1 Low Power (below 10 HP)
2.2.2 Medium Power (10-35 HP)
2.2.3 Large Power (Above 35 HP)
2.3 Outboard Motors Sales by Type
2.3.1 Global Outboard Motors Sales Market Share by Type (2018-2023)
2.3.2 Global Outboard Motors Revenue and Market Share by Type (2018-2023)
2.3.3 Global Outboard Motors Sale Price by Type (2018-2023)
2.4 Outboard Motors Segment by Application
2.4.1 Smaller Boats
2.4.2 Kayak
2.4.3 Commercial and Pleasure Craft
2.5 Outboard Motors Sales by Application
2.5.1 Global Outboard Motors Sale Market Share by Application (2018-2023)
2.5.2 Global Outboard Motors Revenue and Market Share by Application (2018-2023)
2.5.3 Global Outboard Motors Sale Price by Application (2018-2023)
3 Global Outboard Motors by Company
3.1 Global Outboard Motors Breakdown Data by Company
3.1.1 Global Outboard Motors Annual Sales by Company (2018-2023)
3.1.2 Global Outboard Motors Sales Market Share by Company (2018-2023)
3.2 Global Outboard Motors Annual Revenue by Company (2018-2023)
3.2.1 Global Outboard Motors Revenue by Company (2018-2023)
3.2.2 Global Outboard Motors Revenue Market Share by Company (2018-2023)
3.3 Global Outboard Motors Sale Price by Company
3.4 Key Manufacturers Outboard Motors Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Outboard Motors Product Location Distribution
3.4.2 Players Outboard Motors Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Outboard Motors by Geographic Region
4.1 World Historic Outboard Motors Market Size by Geographic Region (2018-2023)
4.1.1 Global Outboard Motors Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Outboard Motors Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Outboard Motors Market Size by Country/Region (2018-2023)
4.2.1 Global Outboard Motors Annual Sales by Country/Region (2018-2023)
4.2.2 Global Outboard Motors Annual Revenue by Country/Region (2018-2023)
4.3 Americas Outboard Motors Sales Growth
4.4 APAC Outboard Motors Sales Growth
4.5 Europe Outboard Motors Sales Growth
4.6 Middle East & Africa Outboard Motors Sales Growth
5 Americas
5.1 Americas Outboard Motors Sales by Country
5.1.1 Americas Outboard Motors Sales by Country (2018-2023)
5.1.2 Americas Outboard Motors Revenue by Country (2018-2023)
5.2 Americas Outboard Motors Sales by Type
5.3 Americas Outboard Motors Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Outboard Motors Sales by Region
6.1.1 APAC Outboard Motors Sales by Region (2018-2023)
6.1.2 APAC Outboard Motors Revenue by Region (2018-2023)
6.2 APAC Outboard Motors Sales by Type
6.3 APAC Outboard Motors Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Outboard Motors by Country
7.1.1 Europe Outboard Motors Sales by Country (2018-2023)
7.1.2 Europe Outboard Motors Revenue by Country (2018-2023)
7.2 Europe Outboard Motors Sales by Type
7.3 Europe Outboard Motors Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Outboard Motors by Country
8.1.1 Middle East & Africa Outboard Motors Sales by Country (2018-2023)
8.1.2 Middle East & Africa Outboard Motors Revenue by Country (2018-2023)
8.2 Middle East & Africa Outboard Motors Sales by Type
8.3 Middle East & Africa Outboard Motors Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Outboard Motors
10.3 Manufacturing Process Analysis of Outboard Motors
10.4 Industry Chain Structure of Outboard Motors
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Outboard Motors Distributors
11.3 Outboard Motors Customer
12 World Forecast Review for Outboard Motors by Geographic Region
12.1 Global Outboard Motors Market Size Forecast by Region
12.1.1 Global Outboard Motors Forecast by Region (2024-2029)
12.1.2 Global Outboard Motors Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Outboard Motors Forecast by Type
12.7 Global Outboard Motors Forecast by Application
13 Key Players Analysis
13.1 Torqeedo
13.1.1 Torqeedo Company Information
13.1.2 Torqeedo Outboard Motors Product Portfolios and Specifications
13.1.3 Torqeedo Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Torqeedo Main Business Overview
13.1.5 Torqeedo Latest Developments
13.2 Minn Kota
13.2.1 Minn Kota Company Information
13.2.2 Minn Kota Outboard Motors Product Portfolios and Specifications
13.2.3 Minn Kota Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Minn Kota Main Business Overview
13.2.5 Minn Kota Latest Developments
13.3 MotorGuide
13.3.1 MotorGuide Company Information
13.3.2 MotorGuide Outboard Motors Product Portfolios and Specifications
13.3.3 MotorGuide Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 MotorGuide Main Business Overview
13.3.5 MotorGuide Latest Developments
13.4 AquaWatt
13.4.1 AquaWatt Company Information
13.4.2 AquaWatt Outboard Motors Product Portfolios and Specifications
13.4.3 AquaWatt Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 AquaWatt Main Business Overview
13.4.5 AquaWatt Latest Developments
13.5 CSM Tech
13.5.1 CSM Tech Company Information
13.5.2 CSM Tech Outboard Motors Product Portfolios and Specifications
13.5.3 CSM Tech Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 CSM Tech Main Business Overview
13.5.5 CSM Tech Latest Developments
13.6 Elco Motor Yachts
13.6.1 Elco Motor Yachts Company Information
13.6.2 Elco Motor Yachts Outboard Motors Product Portfolios and Specifications
13.6.3 Elco Motor Yachts Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Elco Motor Yachts Main Business Overview
13.6.5 Elco Motor Yachts Latest Developments
13.7 Krautler Elektromaschinen
13.7.1 Krautler Elektromaschinen Company Information
13.7.2 Krautler Elektromaschinen Outboard Motors Product Portfolios and Specifications
13.7.3 Krautler Elektromaschinen Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Krautler Elektromaschinen Main Business Overview
13.7.5 Krautler Elektromaschinen Latest Developments
13.8 Ray Electric Outboards
13.8.1 Ray Electric Outboards Company Information
13.8.2 Ray Electric Outboards Outboard Motors Product Portfolios and Specifications
13.8.3 Ray Electric Outboards Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Ray Electric Outboards Main Business Overview
13.8.5 Ray Electric Outboards Latest Developments
13.9 Aquamot
13.9.1 Aquamot Company Information
13.9.2 Aquamot Outboard Motors Product Portfolios and Specifications
13.9.3 Aquamot Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Aquamot Main Business Overview
13.9.5 Aquamot Latest Developments
13.10 Suzhou Parsun Power Machine
13.10.1 Suzhou Parsun Power Machine Company Information
13.10.2 Suzhou Parsun Power Machine Outboard Motors Product Portfolios and Specifications
13.10.3 Suzhou Parsun Power Machine Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Suzhou Parsun Power Machine Main Business Overview
13.10.5 Suzhou Parsun Power Machine Latest Developments
13.11 EPropulsion Technology
13.11.1 EPropulsion Technology Company Information
13.11.2 EPropulsion Technology Outboard Motors Product Portfolios and Specifications
13.11.3 EPropulsion Technology Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 EPropulsion Technology Main Business Overview
13.11.5 EPropulsion Technology Latest Developments
13.12 Ray Electric Outboards
13.12.1 Ray Electric Outboards Company Information
13.12.2 Ray Electric Outboards Outboard Motors Product Portfolios and Specifications
13.12.3 Ray Electric Outboards Outboard Motors Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 Ray Electric Outboards Main Business Overview
13.12.5 Ray Electric Outboards Latest Developments
14 Research Findings and Conclusion