Outboard Motor Market Size and Growth 2021-2028 | Key players – Honda Motor Co. Ltd., Mercury Marine Suzuki Marine, Yamaha Motor Co. Ltd., Powertech Group, Mudd Hog Mud Motors, LLC, Torqeedo GmbH, Cox

New Jersey, United States, – The Outboard Motors Market Size and forecast to 2028, this report provides an analysis of the impact of the COVID19 epidemic on the key points influencing the growth of the market. In addition, the outboard motors market segments (by major players, types, applications and major regions) outlook, business valuation, competitive scenario, trends and forecasts for the coming years. The study of the Outboard Motors report is carried out on the basis of a substantial research methodology, which enables analytical inspection of the global market by means of different segments in which the industry is also alienated in summary, an increase in the size of the market due to the different possibilities of prospects. The report also gives a 360-degree view of the competitive landscape industries. SWOT analysis has been used to understand the strengths, weaknesses, opportunities and threats of businesses. This will help businesses understand the threats and challenges they face. The outboard motor market is showing steady growth and the CAGR is expected to improve during the forecast period.

The outboard motor market was valued at USD 8.82 billion in 2020 and is expected to reach USD 14.37 billion by 2028, growing at a CAGR of 5.6% from 2021 to 2028.

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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

Honda Motor Co. Ltd., Mercury Marine Suzuki Marine, Yamaha Motor Co. Ltd., Powertech Group, Mudd Hog Mud Motors, LLC, Torqeedo GmbH, Cox, Powertrain, among others.

Outboard Motor Market Segmentation

Outboard Motors Market, By Fuel Type

• Diesel
• Gasoline
• Electric

Outboard Motors Market, By Engine Type

• Two stroke
• Four stroke
• Electric

This report provides in-depth Outboard Motors analysis, current trends as well as comprehensive analysis based on type, application, and players. The report includes detailed analysis of competitors, SWOT analysis, industry structure and production process view. The report explains that the outboard motor market is fueled by several factors. This study underlines how important it is to carry out in-depth analyzes and how much this has a strong impact on the quality of the information made available to readers. Further, the report examines the impact on the Outboard Motors market of the COVID-19 pandemic and provides a clear assessment of the market trends for the forecast period.

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Scope of Outboard Motors Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2020
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2028
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of the report (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of personalized shopping options to meet your exact research needs. Explore purchasing options

Geographic segment covered in the report:

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

Key questions answered in the report:

  • What is the growth potential of the outboard motors market?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a pioneer in the years to come?
  • Which application segment will experience strong growth?
  • What growth opportunities might arise in the outboard motor industry in the years to come?
  • What are the most significant challenges that the outboard motor market could face in the future?
  • Who are the leading companies in the outboard motor market?
  • What are the main trends that are positively impacting the growth of the market?
  • What growth strategies are players considering to stay in the outboard motor market?

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