Global Overview of the Marine Inboard Engines Market to 2021 May 2017

Global Marine Inboard Engines Market 2017-2021
The report, Global Marine Inboard Engines Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. This report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
Key vendors
The key players in the Marine Inboard Engines Market are Mercury Marine, Caterpillar, Cummins,
Volvo Penta.
Other Prominent Vendors
Other Prominent Vendors in the market are Yamaha, Honda, Suzuki.
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Marine inboard engines are mainly used in yachts and in some powerboats. More than one inboard
engines are equipped in yachts as engines with more power and torque are required to drive yachts.
Powerboats are equipped either with inboard or outboard engines. More than 80% of powerboats are
equipped with outboard engines, making the presence of outboard engines more dominant in
powerboats.
There has been a growing trend of lightweight yachts to enhance speed and efficiency, and it has also
been observed that lightweight yachts have lower maintenance and consumes less energy to
manufacture. The analysts forecast global Marine Inboard Engines Market to grow at a CAGR of 2.31%
during the period 2017-2021.
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This report covers the present scenario and the growth prospects of the global Marine Inboard Engines
Market for 2017-2021. To calculate the market size, the report considers the bottom-up approach
where the volume of the vehicles equipped with inboard engines has been taken into consideration. The
market is divided into the Europe, ROW, US segments based on geography.
Market driver
Strong revival of the US and European economies.
Market challenge
Less participation from younger generation in water-related recreational activities.
Market trend
Growing pursuit for alternative fuel propulsion technology.
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inboard-engines-market-2017-2021.html