Outboard Boat Motors Market

Outboard boat motors market: read new info secured by an Ai-driven market intelligence platform. Data provide market size, companies, market prices, exports, trade, consumption, production, and imports. There is a breakdown by region, including China, the Middle East, the U.K., Latin America, Russia, EU, the U.S., and Africa. Market dynamics and outlook to 2030 are also provided in the reports.

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Outboard Boat Motors - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Pakistan.

From 2018 to 2020, the average annual growth rate of value in China stood at +3.8%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-5.4% per year) and Pakistan (+7.1% per year).

Outboard Boat Motors Prices

Outboard Boat Motors - Top Importers

In value terms, the United States ($801M) constitutes the largest market for imported outboard motors for marine propulsion worldwide, comprising 29% of global imports. The second position in the ranking was occupied by the Netherlands ($211M), with a 7.7% share of global imports. It was followed by China, with a 7.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States totaled -16.0%. In the other countries, the average annual rates were as follows: the Netherlands (+230.8% per year) and China (+58.2% per year).

Outboard Boat Motors - Top Exporters

In value terms, Japan ($1.7B) remains the largest outboard boat motors supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by the United States ($439M), with a 16% share of global exports. It was followed by Belgium, with a 8.4% share.

From 2018 to 2020, the average annual growth rate of value in Japan stood at -9.6%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+6.9% per year) and Belgium (+12.8% per year).

Outboard Boat Motors - Market Forecast

Driven by rising demand for outboard boat motors worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Outboard Boat Motors - Top Companies

Weichai Power Co., Ltd., Cummins Inc., Wärtsilä Oyj Abp, Brunswick Corporation, Rolls-Royce Power Systems AG, YANMAR CO.,LTD., MAN Energy Solutions SE, MTU Friedrichshafen GmbH, CUMMINS LTD., Detroit Diesel Corporation, GE Hungary Ipari és Kereskedelmi Korlátolt Felelösségü Társaság, Wärtsilä Finland Oy, SIAM TOYOTA MANUFACTURING COMPANY LIMITED, GE ENERGY PRODUCTS FRANCE SNC, Briggs & Stratton Corporation, DEUTZ AG, PERKINS ENGINES COMPANY LIMITED, MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGER,LTD., JOHN DEERE SAS, Siemens Industrial Turbomachinery AB

Outboard Boat Motors - Product Coverage

• HS 840721 - Engines; outboard motors for marine propulsion, spark-ignition reciprocating or rotary internal combustion piston engines

Source: IndexBox Market Intelligence Platform