December 21, 2020

How many hours do outboard boat motors last?

The outboard motors are lightweight and compact and are designed to be affixed to the stern of the boats. It is used as propulsion systems for boats, which include engine, gearbox, and propeller. It is the most common motorized method of propelling small and medium watercraft. Increasing the adoption of outboard motors for small and medium watercraft due to ease in boat handling and enhanced fuel efficiency supports the growth of the outboard motors market.

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Increase spending on tourism, adventure sports, and recreational activities worldwide are growing demand for boats, which positively impacts the growth of the outboard motors market. Moreover, rising government funding for infrastructure development of the marine sector, increasing production and sales of boats, and the emergence of fishing and shipping activities are expected to fuel the growth of the outboard motors market growth in the coming years.

The List of Companies

1. Cox Powertrain Limited
2. Honda Motor Co., Ltd.
3. Mercury Marine (Brunswick Corporation)
4. Powertec Outboards
5. Suzuki Marine
6. Tohatsu Corporation
7. Torqeedo GmbH
8. Volvo Penta
9. Yamaha Motor Co., Ltd.
10. YANMAR Marine International

The global outboard motors market is segmented on the basis of engine type, power, ignition type, application. On the basis of engine type the market is segmented as 2-stroke, 4-stroke. On the basis of power the market is segmented as low, mid, high. On the basis of ignition type the market is segmented as electric, manual. On the basis of application the market is segmented as commercial, recreational, military.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global outboard motors market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The outboard motors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.