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Outboard Engines Market Growth Potential & Forecast, 2027

The usage of additive manufacturing for producing engine components has increased the production of outboard engines. This method can easily produce complex and cost-effective components whilst minimizing wastage.

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Outboard Engines Market Growth Potential & Forecast, 2027

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  1. Outboard Engines Market Regional Trend 2021 | Growth Projections to 2027

  2. Industry Insights: • The outboard engines market is predicted to exceed over USD 13 billion by the end of 2027. The leisure boating industry has received a significant boost in recent times. This is mainly owing to the interest of tourists to explore the seas and the oceans. Such a growing demand from tourists has made manufacturers emphasize developing efficient vessels that can provide an optimum experience to tourists. These factors are responsible for the augmented demand of the outboard engines market. • Developing nations like China, Australia and India are investing in the recreational boating industry owing to increased interest from visiting tourists is one of the key factors responsible for the increased consumption of outboard engines.

  3. The usage of additive manufacturing for producing engine components has increased the production of outboard engines. This method can easily produce complex and cost-effective components whilst minimizing wastage. With strict emission norms and changes in the weight requirements, the key players are forced to invest heavily in research and development activities. Such investments will promote industry growth. • Technological advancements like twist-grip throttle designed for easy maneuverability have made it possible for industry players to develop motors that function effectively in all climatic conditions. This is the primary reason for the high demand for manual ignition outboard engines. • Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4386 • With increased integration of outboard engines in rigid inflatable boats, the military segment will probably exhibit a CAGR of 4.5% over the forecasted timeframe. Military applications prefer diesel outboard engines over their petrol counterparts due to additional safety features

  4. Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/industry-analysis/outboard-engines-market Chapter 4 Outboard Engines Market, By Engine Type 4.1 Global outboard engines market insights, by engine type 4.2 2-stroke 4.2.1 Global market estimates and forecasts, 2017 - 2027 4.2.2 Market estimates and forecast, by region, 2017 - 2027 4.3 4-stroke 4.3.1 Global market estimates and forecasts, 2017 - 2027

  5. 4.3.2 Market estimates and forecast, by region, 2017 - 2027 4.4 Electric 4.4.1 Global market estimates and forecasts, 2017 - 2027 4.4.2 Market estimates and forecast, by region, 2017 – 2027 Chapter 5 Outboard Engines Market, By Fuel Type 5.1 Global outboard engines market insights, by fuel type 5.2 Diesel 5.2.1 Global market estimates and forecasts, 2017 - 2027 5.2.2 Market estimates and forecast, by region, 2017 - 2027

  6. Region: • The Europe market for outboard engines accounted for a revenue share of over 20% in 2020. This can be credited to growing tourism coupled with a rising number of boat makers established in the region. In addition, increased number of boat shows like the Düsseldorf International Boat Show will help manufacturers in promoting their prototypes and upcoming products, thereby boosting the growth of the outboard engines market.

  7. Key Players • LEHR LLC. • Mercury Marine Inc. • Mudd Hog Mud Motors LLC. • Powertec Group • Suzuki Marine • Tohatsu Corporation • Torqeedo GmbH • Volvo Penta • Yamaha Motor Co.Ltd. • YANMAR CO. LTD

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