Marine Outboard Engines Industry Global Key Vendors , Manufacturers , Suppliers and Analysis Market Report 2021
The analysts forecast the global marine outboard engines market to grow at a CAGR of 4.06 % during the period 2016-2020 .
Marine outboard engines are generally used in powerboats . Almost all powerboats are now equipped with either inboard or outboard engines . The demand for outboard engines is more than inboard engines . In Europe , 80 % of the total engines used are outboard engines . In the US , the demand for outboard engines is on the same line as in Europe . In Europe , the demand for diesel engines is more , whereas the American market is dominated by gasoline engines . Another major difference between these markets is that consumers in the European market prefer low power output outboard engines , whereas consumers in the US prefer high power output outboard engines .
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Covered in this report
The report covers the present scenario and the growth prospects of the global marine outboard engines market for 2016-2020 . To calculate the market size , the report considers the revenue generated from the sales of marine outboard engines .
The market is divided into the following segments based on geography :
• Europe
• ROW
• US
The report , Global Marine Outboard Engines 2016-2020 , has been prepared based on an in-depth market analysis with inputs from industry experts . The 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
• Honda
• Suzuki
• Yamaha
• Mercury
Market driver
• Strong revival of US and European markets
• For a full , detailed list , view our report
Market challenge
• Highly volatile and unpredictable consumer demand
• For a full , detailed list , view our report