Marine and Maritime Outboard Engines Market Report – Research, Industry Analysis Reports and Market Demands

Global Marine and Maritime Outboard Engines Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Marine and Maritime Outboard Engines Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Internal Combustion Outboard Engines
- 1.3.3 Electric Outboard Engines
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Marine and Maritime Outboard Engines Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Recreation Boat
- 1.4.3 Commercial Boat
- 1.4.4 Others
1.5 Global Marine and Maritime Outboard Engines Market Size & Forecast
- 1.5.1 Global Marine and Maritime Outboard Engines Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Marine and Maritime Outboard Engines Sales Quantity (2020-2031)
- 1.5.3 Global Marine and Maritime Outboard Engines Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Marine and Maritime Outboard Engines by Manufacturer

3.1 Global Marine and Maritime Outboard Engines Sales Quantity by Manufacturer (2020-2025)
3.2 Global Marine and Maritime Outboard Engines Revenue by Manufacturer (2020-2025)
3.3 Global Marine and Maritime Outboard Engines Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Marine and Maritime Outboard Engines by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Marine and Maritime Outboard Engines Manufacturer Market Share in 2024
- 3.4.3 Top 6 Marine and Maritime Outboard Engines Manufacturer Market Share in 2024
3.5 Marine and Maritime Outboard Engines Market: Overall Company Footprint Analysis
- 3.5.1 Marine and Maritime Outboard Engines Market: Region Footprint
- 3.5.2 Marine and Maritime Outboard Engines Market: Company Product Type Footprint
- 3.5.3 Marine and Maritime Outboard Engines Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Marine and Maritime Outboard Engines Market Size by Region
- 4.1.1 Global Marine and Maritime Outboard Engines Sales Quantity by Region (2020-2031)
- 4.1.2 Global Marine and Maritime Outboard Engines Consumption Value by Region (2020-2031)
- 4.1.3 Global Marine and Maritime Outboard Engines Average Price by Region (2020-2031)
4.2 North America Marine and Maritime Outboard Engines Consumption Value (2020-2031)
4.3 Europe Marine and Maritime Outboard Engines Consumption Value (2020-2031)
4.4 Asia-Pacific Marine and Maritime Outboard Engines Consumption Value (2020-2031)
4.5 South America Marine and Maritime Outboard Engines Consumption Value (2020-2031)
4.6 Middle East & Africa Marine and Maritime Outboard Engines Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Marine and Maritime Outboard Engines Sales Quantity by Type (2020-2031)
5.2 Global Marine and Maritime Outboard Engines Consumption Value by Type (2020-2031)
5.3 Global Marine and Maritime Outboard Engines Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Marine and Maritime Outboard Engines Sales Quantity by Application (2020-2031)
6.2 Global Marine and Maritime Outboard Engines Consumption Value by Application (2020-2031)
6.3 Global Marine and Maritime Outboard Engines Average Price by Application (2020-2031)

7 North America

7.1 North America Marine and Maritime Outboard Engines Sales Quantity by Type (2020-2031)
7.2 North America Marine and Maritime Outboard Engines Sales Quantity by Application (2020-2031)
7.3 North America Marine and Maritime Outboard Engines Market Size by Country
- 7.3.1 North America Marine and Maritime Outboard Engines Sales Quantity by Country (2020-2031)
- 7.3.2 North America Marine and Maritime Outboard Engines Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Marine and Maritime Outboard Engines Sales Quantity by Type (2020-2031)
8.2 Europe Marine and Maritime Outboard Engines Sales Quantity by Application (2020-2031)
8.3 Europe Marine and Maritime Outboard Engines Market Size by Country
- 8.3.1 Europe Marine and Maritime Outboard Engines Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Marine and Maritime Outboard Engines Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Marine and Maritime Outboard Engines Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Marine and Maritime Outboard Engines Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Marine and Maritime Outboard Engines Market Size by Region
- 9.3.1 Asia-Pacific Marine and Maritime Outboard Engines Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Marine and Maritime Outboard Engines Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Marine and Maritime Outboard Engines Sales Quantity by Type (2020-2031)
10.2 South America Marine and Maritime Outboard Engines Sales Quantity by Application (2020-2031)
10.3 South America Marine and Maritime Outboard Engines Market Size by Country
- 10.3.1 South America Marine and Maritime Outboard Engines Sales Quantity by Country (2020-2031)
- 10.3.2 South America Marine and Maritime Outboard Engines Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Marine and Maritime Outboard Engines Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Marine and Maritime Outboard Engines Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Marine and Maritime Outboard Engines Market Size by Country
- 11.3.1 Middle East & Africa Marine and Maritime Outboard Engines Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Marine and Maritime Outboard Engines Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Marine and Maritime Outboard Engines Market Drivers
12.2 Marine and Maritime Outboard Engines Market Restraints
12.3 Marine and Maritime Outboard Engines Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Marine and Maritime Outboard Engines and Key Manufacturers
13.2 Manufacturing Costs Percentage of Marine and Maritime Outboard Engines
13.3 Marine and Maritime Outboard Engines Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Marine and Maritime Outboard Engines Typical Distributors
14.3 Marine and Maritime Outboard Engines Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Marine and Maritime Outboard Engines market size was valued at US$ 5504 million in 2024 and is forecast to a readjusted size of USD 6346 million by 2031 with a CAGR of 3.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
An Marine and Maritime Outboard Engines or outboard motor is a self-contained propulsion system mounted on the stern of a boat, typically comprising an internal combustion engine, electric motor, transmission system, and propeller.
Internal combustion Marine and Maritime Outboard Engines dominate the global market, accounting for approximately 96% of the market share. These engines are prevalent in various applications, including recreational boats, commercial vessels, and fishing boats. Electric Marine and Maritime Outboard Engines, while emerging, are gaining traction due to advancements in battery technology and increasing environmental awareness.
Recreational Boats accounting for approximately 45% of the global market share. This segment includes fishing boats, yachts, and personal watercraft.
Regional Market
North America: The largest consumer market, accounting for about 40% of global revenue. The U.S. leads in both production and consumption, driven by a strong recreational boating culture and commercial maritime activities.
Asia-Pacific: A rapidly growing market, especially in countries like China, Japan, and India, due to expanding coastal tourism and fishing industries.
Europe: Notable for its emphasis on environmental sustainability, with increasing adoption of electric Marine and Maritime Outboard Engines in countries like Norway and the Netherlands.
Market Drivers
Growth in Recreational Boating
The rise in leisure activities such as fishing, water sports, and cruising has significantly increased the demand for outboard motors. The National Marine Manufacturers Association (NMMA) reported that U.S. recreational boating sales reached approximately $59.3 billion in 2022, with over 85 million Americans participating in boating activities annually.
Environmental Regulations
Stricter emission standards and environmental regulations are pushing the industry towards cleaner propulsion technologies. Electric Marine and Maritime Outboard Engines, which produce zero emissions, are becoming more appealing to environmentally conscious consumers and regulatory agencies.
Technological Advancements
Advancements in battery technology, particularly lithium-ion batteries, have improved the performance and affordability of electric Marine and Maritime Outboard Engines. These innovations are making electric propulsion systems more practical for various uses, including commercial and recreational boating.
Government Incentives
Several governments are offering subsidies, tax breaks, and rebates to encourage the adoption of electric outboard motors. These financial incentives are playing a significant role in accelerating the transition to cleaner marine propulsion systems.
Market Restraints
High Initial Costs
Electric outboard motors generally have higher upfront costs compared to their internal combustion counterparts. The expense of advanced battery systems and electric propulsion technology can be a barrier for price-sensitive consumers.
Limited Range and Power
While electric Marine and Maritime Outboard Engines are suitable for short-distance travel, their range and power output are currently limited compared to internal combustion engines. This limitation restricts their use in long-distance and high-power applications.
Charging Infrastructure
The availability of charging stations for electric outboard motors is still limited, especially in remote or rural areas. The lack of widespread charging infrastructure can hinder the adoption of electric propulsion systems.
Consumer Awareness
There is a need for increased consumer education regarding the benefits and capabilities of electric Marine and Maritime Outboard Engines. Misconceptions about performance and reliability can deter potential buyers.
Conclusion
The outboard motor market is experiencing significant growth, driven by advancements in technology, environmental regulations, and changing consumer preferences. While internal combustion engines currently dominate the market, electric and hybrid propulsion systems are gaining traction and are expected to play a larger role in the future. Manufacturers need to focus on innovation, sustainability, and consumer education to capitalize on these emerging trends and meet the evolving demands of the market.
This report is a detailed and comprehensive analysis for global Marine and Maritime Outboard Engines market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Marine and Maritime Outboard Engines market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Marine and Maritime Outboard Engines market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Marine and Maritime Outboard Engines market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Marine and Maritime Outboard Engines market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Marine and Maritime Outboard Engines
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Marine and Maritime Outboard Engines market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mercury Marine, Yamaha, Suzuki, Honda, Evinrude Outboard Motors, Tohatsu, Torqeedo, ePropulsion Technology, Minn Kota, ACEL Power Inc, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Marine and Maritime Outboard Engines market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Internal Combustion Outboard Engines
Electric Outboard Engines
Market segment by Application
Recreation Boat
Commercial Boat
Others
Major players covered
Mercury Marine
Yamaha
Suzuki
Honda
Evinrude Outboard Motors
Tohatsu
Torqeedo
ePropulsion Technology
Minn Kota
ACEL Power Inc
AquaWatt
Elco Motor Yachts
CSM Tech
Haibo
Evoy AS
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Marine and Maritime Outboard Engines product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Marine and Maritime Outboard Engines, with price, sales quantity, revenue, and global market share of Marine and Maritime Outboard Engines from 2020 to 2025.
Chapter 3, the Marine and Maritime Outboard Engines competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Marine and Maritime Outboard Engines breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Marine and Maritime Outboard Engines market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Marine and Maritime Outboard Engines.
Chapter 14 and 15, to describe Marine and Maritime Outboard Engines sales channel, distributors, customers, research findings and conclusion.

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