The Outboard Motor Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The Outboard Motor market was valued at USD 5.45 billion in 2021 and is expected to reach USD 6.84 Billion by 2027, registering a CAGR of about 3.79% during the forecast period (2022 – 2027).
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Top Leading Companies of Global Outboard Motor Market are Mercury Marine, Yamaha, Suzuki, Honda, Torqeedo, Elco Motor Yachts, Suzhou Parsun Power Machine, Ray Electric Outboards, Aquamot, Honda Marine and others.
In December 2021, Torqeedo announced the upgrade of its market-leading motors product line. In addition, this new lineup shall consist of 3 kW, 6 kW, and 12 kW outboard and pod motors powered by lithium-ion batteries.
In December 2021, Honda Marine announced its partnership with Spear Life, the TV spear fishing adventure series; fans of the popular series will see Honda Marine outboards powering the action during season 3. Honda Marine, a division of American Honda Motor Co. Inc., markets a complete range of four-stroke marine outboard motors ranging from 2.3-250 horsepower (hp).
Global Outboard Motor Market Split by Product Type and Applications:
This report segments the global Outboard Motor market based on Types are:
Below 10 HP
Above 200 HP
Based on Application, the Global Outboard Motor market is segmented into:
Global Outboard Motor Market: Regional Analysis
The report offers an in-depth assessment of the growth and other aspects of the Outboard Motor market in important regions, including the U.S., Canada, Germany, France, the U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
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Important Sections from the Table of Contents:
o Global Outboard Motor Market Overview
o Economic Impact on Industry
o Market Competition by Manufacturers
o Production, Revenue (Value) by Region
o Supply (Production), Consumption, Export, Import by Regions
o Production, Revenue (Value), Price Trend by Type
o Market Analysis by Application
o Manufacturing Cost Analysis
o Industrial Chain, Sourcing Strategy and Downstream Buyers
o Marketing Strategy Analysis, Distributors/Traders
o Market Effect Factors Analysis
o Global Outboard Motor Market Forecast
The research includes historic data from 2016 to 2021 and forecasts until 2028 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Outboard Motor Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Outboard Motor industry report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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