Marine Outboard Engine Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Published on : Nov-2019 | List of Tables : 30 | List of Figures : 205 | No. of Pages : 170 | Report Code : FACT4339MR | Format : ppt pdf Excel Word

Sales Soar for Large Capacity Marine Outboard Engines, 100HP Engines Grow by Leaps and Bounds

Marine outboard engines with higher horsepower are thriving, owing to the increasing demand from heavier boats. Most of these boats are powered by engines above 100 HP.  An uptick in the demand for fast, sporty weekend cruisers and day boats with substantial deck space is fueling the growth of marine outboard engines market

The market segment of above 100HP is projected to experience a growth of 1.3X and will cross the US$ 2.5 Bn mark by the end of the forecast period (2019-2029). However, the mid-range segment i.e. 30 HP to 100 HP marine outboard engine will see a profitable, above average growth rate through the forecast period.

Noteworthy Traction in High Performance Diesel Outboards

Currently, the market for diesel marine outboard engines appears to be nascent. However, the multiple benefits such as higher efficiency, improved torque and enhanced acceleration are foreseen to propel the adoption of diesel marine outboard engines in the overall market. Owing to their proliferating adoption, the Four Stroke Electronic Fuel Injection marine outboard engines are foreseen to cross US$ 2 Bn mark by the end of the decade and will contribute over 40% in the overall value opportunity.

 On the other hand, Carbureted Electronic Fuel Injection and Direct Injection Two Stroke marine outboard engines are expected to capture a market share below 30% by the end of the forecast period. Power to weight ratio is one of the prominent factors which will keep the Carbureted, Electronic Fuel Injection and Direct Injection Two Stroke marine outboard engines in demand across the forecast period.

 Recreational Vessels to Capture 30% Market Share, Marine Tourism Gets a Boost

Marine tourism via recreational vehicles is enticing a wide range of customers while earlier it appealed only to the wealthy. Undeniably, marine tourism is one of the prominent factors propelling the demand for recreational vessels which is further expected to heighten the marine outboard engine demand. Recreational vessels will capture over 30% of the overall marine outboard engine market share by the end of 2029. On the other hand, the demand for marine outboard engines for fishing vessels is foreseen to be prolific across the forecast period, by creating a value opportunity of around US$ 500 Mn by the end of the forecast period.

marine outboard engine market absolute opportunity share by boat

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Sizable Shift from Two to Four Stroke Marine Outboard Engines is Projected in Developing Nations

Fact.MR’s research report propounds that the sizable shift from two stroke to four stroke marine outboard engine appears to be the one of the prominent contributing factors in developing regions. Currently, North America alone contributes over three fourth market share in the global marine outboard engine market. Markets in South Asia, Oceania and MEA are showing resilient growth scenarios which in turn is foreseen to auger well for the growth of global marine outboard engine market.

 Owing to better efficiency and lower emissions, significant adoption of four stroke marine outboard engines is anticipated in the developing regions. Collectively, East Asia, South Asia and Oceania are estimated to account for over 45% of the overall incremental opportunity by the end of the forecast period.

marine outboard engine market analysis and forecast

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Product Innovation will be Market Imperative and Growth Lever

Industry leaders are continuously focusing on launching enhanced marine outboard engines with more reliability and improved efficiency.

  • For instance, In January 2017, Honda Motor Co., Ltd. expanded its product offerings by introducing BF75, BF90, and BF100 outboard motors.
  •  In May 2018, Yamaha Motor announced the launch of F425A/FL425A outboard motor with 425 horsepower in North America.
  • In addition, companies are also focusing on alternative fuels. For instance, In February 2019 DEUTZ AG DEUTZ expanded its activity in the field of alternative fuels and has started looking at natural gas.
  •  Product innovation by effective integration of latest technology and workflow is foreseen to leverage profitability over the forecast period.

Request research methodology of this report.

Marine Outboard Engine Market - Scope of the Report

Fact.MR recently published a market study on the global market for marine outboard engine. The study provides detailed assessment on key market dynamics, including drivers, trends, opportunities restraints, and detailed information about the marine outboard engine market structure. The market study presents exclusive information about how the market will grow during the forecast period of 2019-2029.

Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain, supply chain analysis, and Compounded Annual Growth Rate (CAGR) are explained in the Fact.MR study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the Marine Outboard Engine market during the forecast period.

The study is relevant for stakeholders in the marine outboard engine market, including manufacturers and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the marine outboard engine market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in the Fact.MR study.

The study also includes statistics as well as facts related to the macro as well as microeconomic factors that are impacting developments in the marine outboard engine market. It also offers actionable insights based on future trends in the marine outboard engine market. Moreover, small businesses and new entrants in the market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

Key Segments of the Marine Outboard Engine Market

Fact.MR’s study on the marine outboard engine market offers information classified into five important segments: power, engine, ignition, boat, and region. This market report proposes comprehensive data and information about the important market changing aspects and evolution structures related to these categories.

Power

Engine

Ignition

Boat

Region

Less than 30 HP

Two Stroke Carbureted

Electric

Fishing Vessel

North America

30 HP to 100 HP

Two Stroke Electronic Fuel Injection

Manual

Recreational Vessel

Latin America

Above 100 HP

Two Stroke Direct Injection System

 

Special Purpose Boats

Europe

 

Four Stroke Carbureted

 

 

South Asia

 

Four Stroke Electronic Fuel Injection

 

 

East Asia

 

 

 

 

Oceania

 

 

 

 

Middle East

and Africa

 

 

 

 

Caribbean

Key Questions Answered in Fact.MR Marine Outboard Engine Market Report

  • Which regions will continue to remain the most profitable regional markets for marine outboard engine market players?
  • Which factors will induce a change in the demand for marine outboard engine during the assessment period?
  • How will changing trends impact the marine outboard engine market?
  • How can market players capture the low-hanging opportunities in the marine outboard engine market in developed regions?
  • Which companies are leading the marine outboard engine market?
  • What are the winning strategies of stakeholders in the marine outboard engine market to upscale their position in this landscape?
  • Which boat will hold the largest value share in the marine outboard engine market?

Marine Outboard Engine Market: Research Methodology

In Fact.MRs study, a unique research methodology is utilized to conduct extensive research on the growth of the marine outboard engine market, and reach conclusions on the foreseeable growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of conclusions.

Secondary resources referred to analysts in the marine outboard engine market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who contribute to the development of this report as a primary resource.

Comprehensive information acquired from primary resources and secondary resources act as a validation from companies in the marine outboard engine market, and makes Fact.MR’s projection on growth prospects of the marine outboard engine market more accurate and reliable.

1. Global Marine Outboard Engine Market - Executive Summary

    1.1. Global Market Overview

    1.2. Global Marine Outboard Engine Market – Regional Overview

    1.3. Demand Side Trend

    1.4. Supply Side Trend

    1.5. Travel & Tourism Sector Regional Performance

    1.6. Fact.MR Analysis & Recommendation

2. Global Marine Outboard Engine Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Key Market Trends

4. Key Success Factors

5. Global Marine Outboard Engine Market Demand (Units) Analysis 2014- 2018 and Forecast, 2019-2029

    5.1. Historical Market Volume (Units) Analysis, 2014-2018

    5.2. Current and Future Market Volume (Units) Projections, 2019-2029

        5.2.1. Y-o-Y Growth Trend Analysis

6. Global Marine Outboard Engine Market – Price Point Analysis

    6.1. Price Point Assessment by Region and Power Type

7. Global Marine Outboard Engine Market Demand (US$ Mn) Analysis 2014-2018 and Forecast, 2019-2029

    7.1. Historical Market Value (US$ Mn) Analysis, 2014-2018

    7.2. Current and Future Market Value (US$ Mn) Projections, 2019-2029

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro - Economic Factors

    8.2. Comparative Analysis for Global Marine Outboard Engine Market Dashboard

    8.3. Fishing Industry Outlook

    8.4. Marine and Coastal Tourism

    8.5. Marine Outboard Engine Emission Standard

    8.6. Porter’s Five Forces Analysis

    8.7. Forecast Factors: Relevance and Impact

    8.8. Supply Chain Analysis

    8.9. Market Dynamics

        8.9.1. Drivers

        8.9.2. Restraints

        8.9.3. Opportunity Analysis

9. Global Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029, by Power Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Power Type, 2014 - 2018

    9.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast by Power Type, 2019 - 2029

        9.3.1.  Less than 30 HP

        9.3.2.  30 - 100 HP

        9.3.3.  Above 100 HP

    9.4. Market Attractiveness Analysis by Power Type

10. Global Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029, by Engine Type

    10.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Engine Type, 2014 - 2018

    10.2. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast by Engine Type, 2019 - 2029

        10.2.1. Two Stroke Carbureted

        10.2.2. Two Stroke Electronic Fuel Injection

        10.2.3. Two Stroke Direct Injection System

        10.2.4. Four Stroke Carbureted

        10.2.5. Four Stroke Electronic Fuel Injection

    10.3.  Market Attractiveness Analysis by Engine Type

11. Global Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029, by Ignition Type

    11.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Ignition Type, 2014 - 2018

    11.2. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast by Ignition Type, 2019 - 2029

        11.2.1. Electric 

        11.2.2. Manual

    11.3. Market Attractiveness Analysis by Ignition Type

12. Global Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029, by Boat 

    12.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Boat Type, 2014 - 2018

    12.2. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast by Boat Type, 2019 - 2029

        12.2.1. Fishing Vessel

        12.2.2. Recreational Vessel

        12.2.3. Special Purpose Boats

    12.3. Market Attractiveness Analysis by Boat Type

13. Global Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029, by Region

    13.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Region, 2014 - 2018

    13.2. Current Market Size (US$ Mn) and Volume (Units) Analysis and Forecast by Region, 2019 - 2029

        13.2.1. North America

        13.2.2. Latin America

        13.2.3. Europe

        13.2.4. South Asia

        13.2.5. East Asia

        13.2.6. Oceania

        13.2.7. Middle East & Africa (MEA)

        13.2.8. Caribbean

    13.3. Market Attractiveness Analysis by Region

14. North America Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    14.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        14.3.1. by Country

            14.3.1.1. U.S.

            14.3.1.2. Canada

        14.3.2. by Power Type

        14.3.3. by Engine Type

        14.3.4. by Ignition Type

        14.3.5. by Boat Type

    14.4. Market Attractiveness Analysis

        14.4.1. by Country

        14.4.2. by Power Type

        14.4.3. by Engine Type

        14.4.4. by Ignition Type

        14.4.5. by Boat Type

    14.5. Key Manufacturer Market Presence

    14.6. Drivers & Restraints Impact Analysis

15. Latin America Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    15.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        15.3.1. by Country

            15.3.1.1. Brazil

            15.3.1.2. Mexico

            15.3.1.3. Rest of Latin America

        15.3.2. by Power Type

        15.3.3. by Engine Type

        15.3.4. by Ignition Type

        15.3.5. by Boat Type

    15.4. Market Attractiveness Analysis

        15.4.1. by Country

        15.4.2. by Power Type

        15.4.3. by Engine Type

        15.4.4. by Ignition Type

    15.5. Key Manufacturer Market Presence

    15.6. Drivers & Restraints Impact Analysis

16. Europe Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    16.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        16.3.1.  by Country

            16.3.1.1. Germany

            16.3.1.2. Italy

            16.3.1.3. France

            16.3.1.4. U.K.

            16.3.1.5. Spain

            16.3.1.6. Sweden

            16.3.1.7. Russia

            16.3.1.8. Rest of Europe

        16.3.2. by Power Type

        16.3.3. by Engine Type

        16.3.4. by Ignition Type

        16.3.5. by Boat Type

    16.4. Market Attractiveness Analysis

        16.4.1. by Country

        16.4.2. by Power Type

        16.4.3. by Engine Type

        16.4.4. by Ignition Type

        16.4.5. by Boat Type

    16.5. Key Manufacturer Market Presence

    16.6. Drivers & Restraints Impact Analysis

17. Europe Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    17.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        17.3.1.  by Country

            17.3.1.1. India

            17.3.1.2. ASEAN

            17.3.1.3. Rest of South Asia

        17.3.2. by Power Type

        17.3.3. by Engine Type

        17.3.4. by Ignition Type

        17.3.5. by Boat Type

    17.4. Market Attractiveness Analysis

        17.4.1. by Country

        17.4.2. by Power Type

        17.4.3. by Engine Type

        17.4.4. by Ignition Type

        17.4.5. by Boat Type

    17.5. Key Manufacturer Market Presence

    17.6. Drivers & Restraints Impact Analysis

18. East Asia Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    18.1. Introduction

    18.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    18.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        18.3.1.  by Country

            18.3.1.1. China

            18.3.1.2. Japan

            18.3.1.3. South Korea

        18.3.2. by Power Type

        18.3.3. by Engine Type

        18.3.4. by Ignition Type

        18.3.5. by Boat Type

    18.4. Market Attractiveness Analysis

        18.4.1. by Country

        18.4.2. by Power Type

        18.4.3. by Engine Type

        18.4.4. by Ignition Type

        18.4.5. by Boat Type

    18.5. Key Manufacturer Market Presence

    18.6. Drivers & Restraints Impact Analysis

19. Oceania Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    19.1. Introduction

    19.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    19.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        19.3.1.  by Country

            19.3.1.1. Australia

            19.3.1.2. New Zealand

        19.3.2. by Power Type

        19.3.3. by Engine Type

        19.3.4. by Ignition Type

        19.3.5. by Boat Type

    19.4. Market Attractiveness Analysis

        19.4.1. by Country

        19.4.2. by Power Type

        19.4.3. by Engine Type

        19.4.4. by Ignition Type

        19.4.5. by Boat Type

    19.5. Key Manufacturer Market Presence

    19.6. Drivers & Restraints Impact Analysis

20. Middle East and Africa Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    20.1. Introduction

    20.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    20.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        20.3.1.  by Country

            20.3.1.1. GCC Countries

            20.3.1.2. Turkey

            20.3.1.3. South Africa

            20.3.1.4. Rest of MEA

        20.3.2. by Power Type

        20.3.3. by Engine Type

        20.3.4. by Ignition Type

        20.3.5. by Boat Type

    20.4. Market Attractiveness Analysis

        20.4.1. by Country

        20.4.2. by Power Type

        20.4.3. by Engine Type

        20.4.4. by Ignition Type

        20.4.5. by Boat Type

    20.5. Key Manufacturer Market Presence

    20.6. Drivers & Restraints Impact Analysis

21. Caribbean Marine Outboard Engine Market Analysis 2014-2018 and Forecast 2019-2029

    21.1. Introduction

    21.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis by Market Taxonomy, 2014 - 2018

    21.3. Market Size (US$ Mn) and Volume (Units) Forecast by Market Taxonomy, 2019 - 2029

        21.3.1. by Power Type

        21.3.2. by Engine Type

        21.3.3. by Ignition Type

        21.3.4. by Boat Type

    21.4. Market Attractiveness Analysis

        21.4.1. by Power Type

        21.4.2. by Engine Type

        21.4.3. by Ignition Type

        21.4.4. by Boat Type

    21.5. Key Manufacturer Market Presence

    21.6. Drivers & Restraints Impact Analysis

22. Emerging Country Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

    22.1. Introduction

    22.2. Emerging Countries Marine Outboard Engine Market Analysis

    22.3. China Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

        22.3.1. Introduction

        22.3.2. PEST Analysis - China Market

        22.3.3. China Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

            22.3.3.1. by Power Type

            22.3.3.2. by Engine Type

            22.3.3.3. by Ignition Type

            22.3.3.4. by Boat Type

    22.4. South Africa Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

        22.4.1. Introduction

        22.4.2. PEST Analysis - South Africa Market

        22.4.3. South Africa Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

            22.4.3.1. by Power Type

            22.4.3.2. by Engine Type

            22.4.3.3. by Ignition Type

            22.4.3.4. by Boat Type

    22.5. ASEAN Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

        22.5.1. Introduction

        22.5.2. PEST Analysis - ASEAN Market

        22.5.3. ASEAN Marine Outboard Engine Market Analysis 2014–2018 and Forecast 2019–2029

            22.5.3.1. by Power Type

            22.5.3.2. by Engine Type

            22.5.3.3. by Ignition Type

            22.5.3.4. by Boat Type

23. Market Structure Analysis

    23.1. Global Marine Outboard Engines Market - A Dashboard View

    23.2. Global Marine Outboard Engines - Industry Structure

    23.3. Global Marine Outboard Engine Market Company Share Analysis

    23.4. Outboard Engine Market: Competitive Analysis – Domestic vs. Overseas Sales Share

    23.5. Global Marine Outboard Engine Market : Competitive Landscape

    23.6. Competitor Market Footprint Matrix

24. Company Profiles

    24.1. DEUTZ AG

        24.1.1. Company Overview

        24.1.2. Product overview

        24.1.3. Key Financials

        24.1.4. Presence across the Globe

        24.1.5. SWOT Analysis

        24.1.6. Key Developments

        24.1.7. Company Strategy 

    24.2. Honda Motor Co., Ltd.

        24.2.1. Company Overview

        24.2.2. Product overview

        24.2.3. Key Financials

        24.2.4. Presence across the Globe

        24.2.5. SWOT Analysis

        24.2.6. Key Developments

        24.2.7. Company Strategy 

    24.3. Brunswick Corporation

        24.3.1. Company Overview

        24.3.2. Product overview

        24.3.3. Key Financials

        24.3.4. Presence across the Globe

        24.3.5. SWOT Analysis

        24.3.6. Key Developments

        24.3.7. Company Strategy 

    24.4. Suzuki Motor Corporation

        24.4.1. Company Overview

        24.4.2. Product overview

        24.4.3. Key Financials

        24.4.4. Presence across the Globe

        24.4.5. SWOT Analysis

        24.4.6. Key Developments

        24.4.7. Company Strategy 

    24.5. BRP Inc.

        24.5.1. Company Overview

        24.5.2. Product overview

        24.5.3. Key Financials

        24.5.4. Presence across the Globe

        24.5.5. SWOT Analysis

        24.5.6. Key Developments

        24.5.7. Company Strategy 

    24.6. Yamaha Motors Co., Ltd.

        24.6.1. Company Overview

        24.6.2. Product overview

        24.6.3. Key Financials

        24.6.4. Presence across the Globe

        24.6.5. SWOT Analysis

        24.6.6. Key Developments

        24.6.7. Company Strategy 

    24.7. Mahindra and Mahindra

        24.7.1. Company Overview

        24.7.2. Product overview

        24.7.3. Key Financials

        24.7.4. Presence across the Globe

        24.7.5. SWOT Analysis

        24.7.6. Key Developments

        24.7.7. Company Strategy 

    24.8. Johnson Outdoors, Inc.

        24.8.1. Company Overview

        24.8.2. Product overview

        24.8.3. Key Financials

    24.9. Tohatsu Corporation

        24.9.1. Company Overview

        24.9.2. Product overview

        24.9.3. Key Developments

    24.10. Kräutler Elektromaschinen GmbH

        24.10.1. Company Overview

        24.10.2. SWOT Analysis

        24.10.3. Key Developments

    24.11. Parsun Power Machine Co., Ltd.

        24.11.1. Company Overview

        24.11.2. Product overview

        24.11.3. SWOT Analysis

        24.11.4. Key Developments

    24.12. Volvo Penta

        24.12.1. Company Overview

        24.12.2. Product overview

        24.12.3. SWOT Analysis

        24.12.4. Key Developments

    24.13. Yongkang Longxiao Industry & Trade Co., Ltd. (Earrow)

        24.13.1. Company Overview

        24.13.2. Product overview

        24.13.3. SWOT Analysis

    24.14. LEHR LLC.

        24.14.1. Company Overview

        24.14.2. Product overview

        24.14.3. SWOT Analysis

    24.15. Selva S.p.A.

        24.15.1. Company Overview

        24.15.2. Product overview

        24.15.3. SWOT Analysis

25. Research Methodology

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Marine Outboard Engine Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029