Persistence Market Research released a new market study on the outboard engines market, which includes the global industry analysis 2014–2018 and forecast 2019–2029. The report studies the global outboard engines market and offers a deep analysis for the next ten years. The report on the global outboard engines market contains vital macroeconomic and forecast factors that are estimated to impact the growth of the global outboard engines market. The report on the outboard engines market also discusses restraints that are affecting the global market, drivers that are fueling the market growth, along with potential opportunities and latest trends in the market across the value chain and supply chain. As per the key insights of the research, the global outboard engines market is estimated a substantial growth during the forecast period, owing to factors such as growing marine tourism, advanced features of outboard engines, and relatively low costs.
The global outboard engines market generated a revenue to the tune of approximately US$ 3.5 Bn in 2014, which is expected to reach approximately US$ 4 Bn by the end of 2019. The outboard engines market is expected to grow at a CAGR of around 2% between 2019 and 2029, and is estimated to reach a global value of nearly US$ 5.5 Bn by the end of 2029.
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FACTS AT A GLANCE
Companies: Yamaha Motors Co., Ltd., Suzuki Motor Corporation, Honda Motor Co., Ltd, Brunswick Corporation, BRP Inc., Parsun Power Machine Co., Ltd, Tohatsu Corporation, and LEHR LLC., among others.
Coverage: All major geographies and key segments
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Segments: Outboard Engines Market Segmented By Two Stroke Carbureted, Two Stroke Electronic Fuel Injection, Two Stroke Direct Injection System, Four Stroke Carbureted, Four Stroke Electronic Fuel Injection Technology Type with Electric, Manual Start Type in Fishing Vessels, Recreational Vessels, Special Purpose Boats
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
The recently published report by Persistence Market Research (PMR) on the outboard engines market provides readers with an overall market outlook with the help of an extensive market analysis. The PMR report on the outboard engines market evaluates the historical and current market scenario and offers a forecast for the period, 2019-2029. The PMR study helps report readers gain a holistic idea of the market and aid in key business decisions with the help of vital findings and exclusive insights into the outboard engines market. The PMR report offers an assessment of the key dynamics of the outboard engines market which include the key market drivers, industry trends, and opportunities held by the market. The PMR report is divided in key sections that allows the report audience to gain a detailed understanding of individual aspects of the report on the outboard engines market.
PMR’s study on outboard engines market commences with an executive summary that sheds light on the various outboard engines market aspects covered in the report. The chapter discusses the global market outlook, demand and supply side trends, highlights the significance of the taking up the study and offers a product roadmap. This chapter involves the recommendations and analysis of the expert PMR analysts worked on the outboard engines market. The next chapter in the outboard engines market is the market overview that offers a glance into the outboard engines market in terms of the market scope, definition, and limitations. Following this is the market background which includes a detailed understanding of the macro-economic factors impacting the outboard engines market. The chapter studies the significant market dynamics including market drivers, trends, and restraints. This chapter also offers five forces analysis and value chain analysis.
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