Global outboard engines market will grow at a steady rate because of a strong increase in recreational activities. Boating activities saw an unprecedented demand among travelers during the COVID-19 pandemic in 2020, so much so that yacht manufacturing companies were running out of inventory.
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.
Speaking of marine tourism, a report by Ocean Wealth suggests that over 350 million people around the world travel to coral reef coast. Water sports have become a major attraction for marine leisure and entertainment industry. With the growing inclination of youth towards leisure water activities, such as watersports, sailing and fishing trips is propelling the adoption of electric outboard engines for boats.
More Information @ http://bit.ly/2Bl7PJA High-power outboard engines market is projected to generate revenues in excess of USD 9.5 billion over the projected timeframe. This growth can be mainly attributed to positive application outlook in larger boats and yachts which are facing robust demand worldwide.
North American Outboard Engines Market size is poised to hit USD 7.6 billion by 2027, according to a latest forecast report by Graphical Research. Growth of the industry is supported by the consecutive year-on-year growth for the recreational boating sector coupled with the increasing demand for outboard engines for commercial applications.
Global recreational boats market is expected to register a steady CAGR of 4.50% in the forecast period of 2019-2026. This report includes the data of base year 2018 and historic year of 2017. This rise in market value can be attributed to the increasing tourism in the global economy.
North America Electric Outboard Engines Market To Hit USD 60 Mn By 2027. North America electric outboard engines market outlook is making consistent advances, thanks to the region's expanding recreational boating activities and marine tourism. Market players are investing in R&D in order to provide cutting-edge electric outboard motors that will appeal to a younger demographic.
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.
Visit Here: https://www.grandresearchstore.com/manufacturing-and-construction/global-marine-outboard-engines-sales-market-report-2018 In this report, the global Marine Outboard Engines market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
The Global And China Marine Outboard Engines Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Marine Outboard Engines industry.
[225 Pages Report] The small marine engines market is expected to grow from an estimated USD 7.8 billion in 2022 to USD 10.3 billion by 2027, at a CAGR of 5.5% during the forecast period. The small marine engines market growth is dependent significantly on the development of the boat manufacturing industry, as commissioning of boats would result in an increase in the number of orders for small marine engines for those boats/vessels. Retrofitting of existing vessels with newer engines as emission regulations become more stringent may also lead to an increase in the number of orders for small marine engines.
Download Free Sample@ https://bit.ly/2V9ttew #Market #MarketAnalysis #Chemicals #ChemicalsAndMaterial Outboard Gear Oil is a marine environment extreme pressure gear lubricant suitable for use in the gearboxes of a majority of boats fitted with an outboard engine, stern drive unit, and other marine uses.
More Information @ http://bit.ly/2NogMYb With magnetic sensors being applied across a multitude of automotive components, the sector has emerged as a major application ground for magnetic sensor market.
North American Recreational Boating Market size is predicted to surpass USD 35 billion by 2026, according to a latest forecast report by Graphical Research. Strong focus on strategic partnerships and collaborations by market players is supporting the industry growth.
More Information @ https://bit.ly/2OGjN64 Increasing disposable income coupled with the rising watercraft sports activities across multiple states is primarily driving the U.S. recreational boating market share over the forecast period.
Outboard Engine is a detachable propulsion system for boats installed outside of the hull (ship), consisting of a self-contained unit that includes engine, gearbox and propeller or jet drive, designed to be affixed to the outside of the transom
Purchase a copy of this “The U.S. Powerboat Market With Focus on Ski Boats: 2016-2020” research report at http://www.marketreportsonline.com/contacts/purchase.php?name=492479.
Marketreportsonchina.com presents a report on “Marine Propulsion Engine Market in China to 2020”. http://www.marketreportsonchina.com/industry-mfg-market-research-reports-1722/marine-propulsion-engine-china.html This report offers the most up-to-date industry data on the actual market situation, and future outlook for marine propulsion engines in China.
Recreational Boats Market by Boat Type (Outboard boats, Inboard boats/stern type, Sail boats/Yachts, Personal Watercraft, Inflatable), Power source, Activity Type (Watersports+Cruising, Fishing), Distribution Channel, and Region - Global Forecast to 2027
The engine, turbine and power transmission equipment manufacturing market size is expected to reach $790 billion by 2022, significantly growing at a CAGR of around 3.5% during the forecast period. The growth in the engine, turbine and power transmission equipment manufacturing market is due to increased global economic activity, and investment in the manufacturing industry and low fuel prices. Read Report https://www.thebusinessresearchcompany.com/report/engine-turbine-and-power-transmission-equipment-manufacturing-global-market-report
The global electric boat and ship market size was USD 4.9 billion in 2021 and is estimated to reach USD 12.6 billion by 2030, growing at a CAGR of 12.6% during the forecast period (2022-2030). Electric boats and ships carry off marine operations through batteries rather than the fuel. They utilize batteries similar to electric vehicles; they need larger batteries that last for long periods for operating smoothly.
Engine, Turbine, And Power Transmission Equipment Manufacturing Global Market Report 2019 is the latest research report added to The Business Research Company database. The report is covered in 300 pages covering 10 major players in the industry.
Big Market Research provides new report "Marine Propulsion Engine Market in Italy- Size,Share,Trends,Forecasts, Analysis,Segmentation, Situation, data, Future outlook 2018" Get Complete Report At: http://www.bigmarketresearch.com/marine-propulsion-engine-in-italy-to-2018-size-trends-and-forecasts-market This research includes historic market data from 2007 to 2013 and forecasts until 2018 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs. Enquire About This Report At: http://www.bigmarketresearch.com/report-enquiry/1744
The marine propeller market size is estimated to be USD 4.73 billion in 2017 and is projected to reach USD 5.37 billion by 2022, at a CAGR of 2.56% from 2017 to 2022.
Recreational boats are the type of craft boats which are designed for pleasure activities on the water surface with family and friends. The materials used in the construction of the boats consist of coated fabric, aluminum and plastics. Also, it includes many water sports such as sailing, boat racing and fishing.
The global engine, turbine, and power transmission equipment manufacturing market was valued at above $688 billion in 2017. Asia Pacific was the largest region in the engine, turbine, and power transmission equipment manufacturing market in 2017, accounting for above 37% market share. Read Report https://www.thebusinessresearchcompany.com/report/engine-turbine-and-power-transmission-equipment-manufacturing-global-market-report-2018
The industry data report package Marine Propulsion Engine Markets in Asia to 2018 - Market Size, Trends, and Forecasts offers the most up-to-date market data on the actual market situation, trends, and future outlook for marine propulsion engines in Asia. The package includes country reports from the following countries: China, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Lebanon, Malaysia, Oman, Pakistan, Philippines, Singapore, South Korea, Thailand, Vietnam The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
Tohatsu is known for their commitment to providing boat motors that are, easy to use and of outstanding quality. When you are buying tohatsu outboards for sale, always look for a quality and specification. ZACK OUTBOARD MOTORS LTD will help you find one of the best Tohatsu outboard motors online to fit your boat. Checkout:https://zackoutboardmotors.com/product-category/tohatsu-outboards-motors-for-sale/
Complete report spread across 107 pages available @ http://www.reportsnreports.com/reports/276005-china-gasoline-engine-industry-report-2013-2017.html .
More Information @ https://bit.ly/2yauPLN Rising disposable income has resulted in increased travel and tourism activities across the globe, primarily driving the industry growth.
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