Jun 25, 2020   SOURCE: BusinessWire

Global Marine Outboard Engines Market (2020 to 2025) - by Engine Power Type, Boat Type, and Region - ResearchAndMarkets.com

The "Marine Outboard Engines Market by Engine Power Type, by Boat Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Outboard engines are the brightest stars of the marine industry as they represent the lion's share of the marine engines market for the global recreational boating industry. In the USA itself, which is the biggest market for recreational boats, outboard engines account for more than 85% share of the total marine engines sold in the country. The history of marine outboard engines can be seen back in the early '90s and have come along a long path of more than 100 years.

The power of outboard engines gradually increased with the first 100 HP V-6 outboard engine was introduced in 1975. This gave the rise of 175- and 200-horsepower outboards on the market. In the past few years, the major push has been towards producing larger and more powerful outboard engines.

The Great Recession (2008-2009) greatly plunged the sales of marine outboard engines, throwing the sales even below to its previous decade level. (The USA: 275.5 thousand units in 2007 and 180.7 thousand units in 2009; EMEA (including Russia): 332.4 thousand units in 2007 and 204.7 thousand units in 2009. It took almost a decade to the USA to hit back its pre-recession sales level in 2018 (278.5 thousand units in 2018), whereas, till 2019, Europe even could not close to its pre-recession level.

The outbreak of COVID-19 destructively pressed the break-in engine sales, making the sales almost standstill in leading economies. It is estimated that the global marine outboard engine sales will experience a colossal decline in 2020, taking the engine sales to touch below the Great Recession Level in the year 2020. It is anticipated that there would be a gradual recovery in the sales of outboard engines post-pandemic. From 2022 onwards, the market is likely to mark speedy recovery in the sales of outboard engines across regions, assisting the outboard engine sales to mark a long-term growth.

The pandemic will imprint both short as well as long-term repercussions in the marine outboard engines market; however, the market will find some solace in the long-term scenario with some driving factors including expected growth in HNWI population, increasing boating participants, growing interest towards outboard boats from sterndrive or inboard boats, and increasing demand for high-power outboard engines. Healthy recovery in outboard engine sales from 2022 assist the industry stakeholders to push the global sales to marginally above 750 thousand units by 2025; however, it will be significantly lower than the 2019-sales figure.

Report Scope

  • Report Objectives
  • Research Methodology
  • Secondary Research
  • Key Information Gathered from Secondary Research
  • Primary Research
  • Key Information Gathered from Primary Research
  • Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
  • Data Analysis and Triangulation

1. Executive Summary

2. Marine Outboard Engines Market Overview and Segmentation

3. Marine Outboard Engines Market: The COVID-19 Impact Assessment

3.1. Publisher Insights

3.2. Marine Outboard Engines Market Trend and Forecast (Thousand Units and US$ Million)

3.3. Pre-COVID vs Post-COVID Market Assessment

3.4. Post-COVID Market Assessment: Scenario Analysis

3.5. Profitability Analysis

3.6. Market Segments' Analysis (Thousand Units and US$ Million)

3.7. Regional and Country-Level Analysis (Thousand Units and US$ Million)

3.8. Market Drivers

3.9. Market Challenges

4. Competitive Analysis

5. Marine Outboard Engines Market Trend and Forecast by Engine-Power Type (2014-2025)

5.1. Publisher Insights

5.2. < 75 kW: Regional Trend and Forecast (Thousand Units and US$ Million)

5.3. 75-110 kW: Regional Trend and Forecast (Thousand Units and US$ Million)

5.4. 110-150 kW: Regional Trend and Forecast (Thousand Units and US$ Million)

5.5. >150 kW: Regional Trend and Forecast (Thousand Units and US$ Million)

6. Marine Outboard Engines Market Trend and Forecast by Boat Type (2014-2025)

6.1. Publisher Insights

6.2. Fishing: Regional Trend and Forecast (Thousand Units and US$ Million)

6.3. Leisure: Regional Trend and Forecast (Thousand Units and US$ Million)

6.4. Sailing/Transport: Regional Trend and Forecast (Thousand Units and US$ Million)

6.5. Others: Regional Trend and Forecast (Thousand Units and US$ Million)

7. Marine Outboard Engines Market Trend and Forecast by Region (2014-2025)

7.1. Publisher Insights

7.2. North American Marine Outboard Engines Market: Country Analysis

7.3. EMEA's Marine Outboard Engines Market: Country Analysis

7.4. Asia-Pacific's Marine Outboard Engines Market: Country Analysis

7.5. South American Marine Outboard Engines Market Trend and Forecast (Thousand Units and US$ Million)

8. Strategic Growth Opportunities

8.1. Publisher Insights

8.2. Market Attractiveness Analysis

8.2.1. Market Attractiveness by Engine-Power Type

8.2.2. Market Attractiveness by Boat Type

8.2.3. Market Attractiveness by Region

8.2.4. Market Attractiveness by Country

8.3. Emerging Trends

8.4. Growth Matrix Analysis

8.5. Key Success Factors (KSFs)

9. Company Profile of Key Players (Profiling, Financial Information, Competition, Strategies, etc.)

9.1. AB Volvo (Volvo Penta)

9.2. Bombardier Recreational Products Inc.

9.3. Brunswick Corporation (Mercury Marine)

9.4. Hidea Power Machinery Co., Ltd.

9.5. Honda Motor Co. Inc.

9.6. Suzhou Parsun Power Machine Co., Ltd.

9.7. Suzuki Motor Corporation

9.8. Tohatsu Corporation

9.9. Yamaha Motor Co. Ltd.

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