Electric Outboard Engines Market Growth Potential & Forecast, 2027 - PowerPoint PPT Presentation

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Electric Outboard Engines Market Growth Potential & Forecast, 2027

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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. – PowerPoint PPT presentation

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Title: Electric Outboard Engines Market Growth Potential & Forecast, 2027


1
Electric Outboard Engines Market Regional Trend
2021 Growth Projections to 2027
2
Industry Insights
  • The electric outboard engines market size is
    projected to surpass USD 175 million by 2027.
    Marine tourism is expanding globally on account
    of enhanced coastal infrastructure and increasing
    government initiatives for developing coastal
    regions not just for trade but also for tourism.
    This is anticipated to provide a major impetus to
    electric outboard engines market over the
    upcoming years.
  • 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.

3
  • The electric outboard engines that are
    predominantly used for recreational activities
    lie in the power range of 50 150 kW as these
    engines are capable of hauling larger vessels
    such as luxury yachts, recreational yachts
    tugboats and cruisers. With significant
    technological advancements, engines with higher
    efficiency, lower environmental emissions are
    also widely available which is positively
    influencing the business space.
  • Get sample copy of this research report _at_
    https//www.gminsights.com/request-sample/detail/4
    942
  • Taking the mounting demand for engines in this
    power range into consideration, industry players
    are focusing on developing and delivering
    improved offerings to gain to effectively meet
    the consumer demand. Citing an instance, in 2020,
    Torqeedo signed an agreement with ZF to develop
    an electric sail drive system with steerable
    joystick docking which will be incorporated in
    Torqeedos Deep Blue propulsion system. According
    to the company, these 50- and 100-kW systems will
    provide joystick docking and maneuverability
    along with efficient hydro-generation
    performance.

4

Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/electric-outboard-engine-market Chapter
4 Electric Outboard Engines Market, By
Power 4.1 Global electric outboard engines
market power insights 4.2 Below 25 kW 4.2.1
Market estimates and forecasts,
2017-2027 4.2.2 Market estimates and
forecast, by region, 2017-2027 4.3 25 to 50
kW 4.3.1 Market estimates and forecasts,
2017-2027
5
4.3.2 Market estimates and forecast, by
region, 2017-2027 4.4 50 to 150 kW 4.4.1
Market estimates and forecasts, 2017-2027 4.4.2
Market estimates and forecast, by region,
2017-2027 Chapter 5 Electric Outboard Engines
Market, By Control 5.1 Global electric
outboard engines market control insights 5.2
Tiller 5.2.1 Market estimates and forecasts,
2017-2027 5.2.2 Market estimates and
forecast, by region, 2017-2027 5.3
Remote 5.3.1 Market estimates and forecasts,
2017-2027

6
Region
  • The elevating product demand for marine tourism
    and recreational activities is apparently the
    major reason for the considerable growth of
    electric outboard engines in Asia Pacific region.
    Growing disposable income in the regional
    countries has increased the consumer expenditure
    on recreational activities involving cruising and
    boating. Enhanced boating infrastructure coupled
    with favorable government policies promoting
    coastal tourism is complementing the product
    adoption further. Considering these factors, Asia
    Pacific electric outboard engines market is
    projected to register a robust CAGR of around 6
    through 2027.

7
Key Players
  • Aquawatt
  • MINN KOTA
  • ePropulsion
  • Combi outboards
  • Evoy
  • Pure Watercraft
  • Golden Motor
  • E-Tech
  • PARSUN POWER
  • Stealth Electric Outboards

8
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