Global Outboard Engine Sales Market Report 2020

Outboard Engine is a detachable propulsion system for boats installed outside of the hull (ship), consisting of a self-contained unit that includes engine, gearbox and propeller or jet drive, designed to be affixed to the outside of the transom. With features of simple structure, light weight, easy disassembly and operation, low noise, it is suitable for use in the river, lakes and coastal waters.
The downstream industries of outboard engine products are personal boat, commercial boat and government enforcement boat. In the recent years, with the recovery of global economic, the development of emerging countries and the growth of recreation expense, the consumption increase of outboard engine will be obvious. In the foreseeable future, the outboard engine products will show an optimistic upward trend.

Although sales of outboard engine products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the outboard engine field hastily.

Market Analysis and Insights: Global Outboard Engine Market
The global Outboard Engine market size is projected to reach US$ 5188.7 million by 2026, from US$ 4358.1 million in 2020, at a CAGR of 3.0% during 2021-2026.

Global Outboard Engine Scope and Market Size
The global Outboard Engine market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Outboard Engine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Outboard Engine market is segmented into
Fuel-oil outboard
Electric outboard
Fuel-Oil Outboard Engine is the most commonly used type, with about 97.39% market share in 2019.

Segment by Application, the Outboard Engine market is segmented into
Personal Boat
Commercial Boat
Government Enforcement Boat
Other

The Outboard Engine market is analysed and market size information is provided by regions (countries). Segment by Application, the Outboard Engine market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Outboard Engine Market Share Analysis
Outboard Engine market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Outboard Engine business, the date to enter into the Outboard Engine market, Outboard Engine product introduction, recent developments, etc.

The major vendors covered:
Yamaha
Brunswick
Honda
BRP
Suzuki
Tohatsu
Parsun
Hidea
Weimin