Product Code: 4942
Title:
Electric Outboard Engines Market Size By Power (Below 25kW, 25 to 50 kW, 50 to 150 kW), By Control (Tiller, Remote), By Application (Commercial, Recreational, Military), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Landscape & Forecast, 2021 - 2027.
The electric outboard engines market is anticipated to witness a lucrative growth over the forthcoming years due to increasing product adoption across defense organizations, and commercial watercrafts and ongoing improvements in coastal infrastructure as well as expanding tourism activities. Similar to automobiles, boat engines are considered extremely essential tropic when it comes to maintaining, selling, and buying a boat.
Of late, high end electric outboard engines have been witnessing notable demand as they provide extraordinary thrust as well as speed. In fact, the maximum speed of the electric outboard motors differs greatly between working environments and boats. It also makes electric propulsion a real substitute to petrol engines. Subsequently, strong brushless motors or AC are majorly used in water skiing activities. These types of engines provide sustainable and clean operation along with extremely low maintenance costs.
Electric outboard engines also offer a feasible alternative to combustion motors, making them as one of the best options for numerous boats including sailboats, canoe, kayaks, inflatables, and dinghies.
The electric outboard engines market is segmented in terms of power, control, application, and regional landscape.
With respect to power, the electric outboard engines market is classified into 50 to 150 kW, 25 to 50 kW, and below 25 kW. The 50 to 150 kW segment will witness robust growth over the coming time period owing to its wide adoption for commercial watercrafts.
In terms of application, the overall electric outboard engines market is bifurcated into military, recreational, and commercial. Among these, the military segment will exhibit a CAGR of around 5% over the forecast time period. This estimated growth is ascribed to the increasing product availability for defense organizations.
From a regional frame of reference, Latin America is expected to show considerable growth in the electric outboard engines market due to expanding tourism activities coupled with improving coastal infrastructure. Increasing marine programs, such as Miami International Boat Show, along with a large coastline area and presence of electric outboard engine production facilities in Brazil, Mexico, and Argentina will further support the market growth over the projected timeframe.
The global tourism sector has been hit the hardest during the COVID-19 pandemic. However, with the start of vaccine administration drives all across the globe, the sector is slated to steadily recover and is expected to witness a gradual uptick in consumer confidence. In fact, recently in Sao Paulo, which is one of the highest tourism revenue generators for Brazil, bars, restaurants, and other public facilities have been opened for business purposes already. While international tourism segment is still likely to remain cold, domestic tourism is expected to pick up the slack.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market definitions
- 1.2 Base estimation & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific (APAC)
- 1.2.4 Latin America (LATAM)
- 1.2.5 Middle East & Africa (MEA)
- 1.3 Forecast calculations
- 1.3.1 COVID-19 impact calculations on industry forecast
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
Chapter 2 Executive Summary
- 2.1 Electric outboard engines industry 360 degree synopsis, 2017-2027
- 2.1.1 Business trends
- 2.1.2 Power trends
- 2.1.3 Control trends
- 2.1.4 Application trends
- 2.1.5 Regional trends
Chapter 3 Electric Outboard Engines Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry ecosystem analysis
- 3.2.1 Profit margin analysis
- 3.2.2 Value addition analysis
- 3.2.3 Distribution channel analysis
- 3.2.4 Vendor matrix
- 3.3 Pricing analysis (with impact of COVID-19)
- 3.4 Cost structure analysis
- 3.5 Technology landscape
- 3.6 Regulatory landscape
- 3.7 Patent analysis
- 3.8 Industry impact forces
- 3.8.1 Growth driver
- 3.8.1.1 Increasing recreational boating activities
- 3.8.1.2 Growing marine regulation to drive electric penetration in outboard engines
- 3.8.1.3 Growing marine tourism
- 3.8.2 Industry pitfall & challenges
- 3.8.2.1 High product cost and complex technology
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 Competitive landscape
- 3.11.1 Top players overview
- 3.11.2 Strategy dashboard
- 3.12 PESTEL analysis
- 3.13 Impact of COVID-19
- 3.13.1 Marine industry
- 3.13.2 Recreational boating industry
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
- 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
- 5.3.2 Market estimates and forecast, by region, 2017-2027
Chapter 6 Electric Outboard Engines Market, By Application
- 6.1 Global electric outboard engines market application insights
- 6.2 Commercial
- 6.2.1 Market estimates and forecasts, 2017-2027
- 6.2.2 Market estimates and forecast, by region, 2017-2027
- 6.3 Recreational
- 6.3.1 Market estimates and forecasts, 2017-2027
- 6.3.2 Market estimates and forecast, by region, 2017-2027
- 6.4 Military
- 6.4.1 Market estimates and forecasts, 2017-2027
- 6.4.2 Market estimates and forecast, by region, 2017-2027
Chapter 7 Electric Outboard Engines Market, By Region
- 7.1 Global electric outboard engines market regional insights
- 7.2 North America
- 7.2.1 Market estimates and forecast, 2017-2027
- 7.2.2 Market estimates and forecast by power, 2017-2027
- 7.2.3 Market estimates and forecast by control, 2017-2027
- 7.2.4 Market estimates and forecast by application, 2017-2027
- 7.2.5 U.S.
- 7.2.5.1 Market estimates and forecast, 2017-2027
- 7.2.5.2 Market estimates and forecast by power, 2017-2027
- 7.2.5.3 Market estimates and forecast by control, 2017-2027
- 7.2.5.4 Market estimates and forecast by application, 2017-2027
- 7.2.6 Canada
- 7.2.6.1 Market estimates and forecast, 2017-2027
- 7.2.6.2 Market estimates and forecast by power, 2017-2027
- 7.2.6.3 Market estimates and forecast by control, 2017-2027
- 7.2.6.4 Market estimates and forecast by application, 2017-2027
- 7.3 Europe
- 7.3.1 Market estimates and forecast, 2017-2027
- 7.3.2 Market estimates and forecast by power, 2017-2027
- 7.3.3 Market estimates and forecast by control, 2017-2027
- 7.3.4 Market estimates and forecast by application, 2017-2027
- 7.3.5 Germany
- 7.3.5.1 Market estimates and forecast, 2017-2027
- 7.3.5.2 Market estimates and forecast by power, 2017-2027
- 7.3.5.3 Market estimates and forecast by control, 2017-2027
- 7.3.5.4 Market estimates and forecast by application, 2017-2027
- 7.3.6 UK
- 7.3.6.1 Market estimates and forecast, 2017-2027
- 7.3.6.2 Market estimates and forecast by power, 2017-2027
- 7.3.6.3 Market estimates and forecast by control, 2017-2027
- 7.3.6.4 Market estimates and forecast by application, 2017-2027
- 7.3.7 France
- 7.3.7.1 Market estimates and forecast, 2017-2027
- 7.3.7.2 Market estimates and forecast by power, 2017-2027
- 7.3.7.3 Market estimates and forecast by control, 2017-2027
- 7.3.7.4 Market estimates and forecast by application, 2017-2027
- 7.3.8 Italy
- 7.3.8.1 Market estimates and forecast, 2017-2027
- 7.3.8.2 Market estimates and forecast by power, 2017-2027
- 7.3.8.3 Market estimates and forecast by control, 2017-2027
- 7.3.8.4 Market estimates and forecast by application, 2017-2027
- 7.3.9 Netherlands
- 7.3.9.1 Market estimates and forecast, 2017-2027
- 7.3.9.2 Market estimates and forecast by power, 2017-2027
- 7.3.9.3 Market estimates and forecast by control, 2017-2027
- 7.3.9.4 Market estimates and forecast by application, 2017-2027
- 7.3.10 Norway
- 7.3.10.1 Market estimates and forecast, 2017-2027
- 7.3.10.2 Market estimates and forecast by power, 2017-2027
- 7.3.10.3 Market estimates and forecast by control, 2017-2027
- 7.3.10.4 Market estimates and forecast by application, 2017-2027
- 7.3.11 Russia
- 7.3.11.1 Market estimates and forecast, 2017-2027
- 7.3.11.2 Market estimates and forecast by power, 2017-2027
- 7.3.11.3 Market estimates and forecast by control, 2017-2027
- 7.3.11.4 Market estimates and forecast by application, 2017-2027
- 7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2017-2027
- 7.4.2 Market estimates and forecast by product, 2017-2027
- 7.4.3 Market estimates and forecast by power, 2017-2027
- 7.4.4 Market estimates and forecast by aircraft, 2017-2027
- 7.4.5 China
- 7.4.5.1 Market estimates and forecast, 2017-2027
- 7.4.5.2 Market estimates and forecast by power, 2017-2027
- 7.4.5.3 Market estimates and forecast by control, 2017-2027
- 7.4.5.4 Market estimates and forecast by application, 2017-2027
- 7.4.6 India
- 7.4.6.1 Market estimates and forecast, 2017-2027
- 7.4.6.2 Market estimates and forecast by power, 2017-2027
- 7.4.6.3 Market estimates and forecast by control, 2017-2027
- 7.4.6.4 Market estimates and forecast by application, 2017-2027
- 7.4.7 Japan
- 7.4.7.1 Market estimates and forecast, 2017-2027
- 7.4.7.2 Market estimates and forecast by power, 2017-2027
- 7.4.7.3 Market estimates and forecast by control, 2017-2027
- 7.4.7.4 Market estimates and forecast by application, 2017-2027
- 7.4.8 Australia
- 7.4.8.1 Market estimates and forecast, 2017-2027
- 7.4.8.2 Market estimates and forecast by power, 2017-2027
- 7.4.8.3 Market estimates and forecast by control, 2017-2027
- 7.4.8.4 Market estimates and forecast by application, 2017-2027
- 7.4.9 New Zealand
- 7.4.9.1 Market estimates and forecast, 2017-2027
- 7.4.9.2 Market estimates and forecast by power, 2017-2027
- 7.4.9.3 Market estimates and forecast by control, 2017-2027
- 7.4.9.4 Market estimates and forecast by application, 2017-2027
- 7.4.10 Thailand
- 7.4.10.1 Market estimates and forecast, 2017-2027
- 7.4.10.2 Market estimates and forecast by power, 2017-2027
- 7.4.10.3 Market estimates and forecast by control, 2017-2027
- 7.4.10.4 Market estimates and forecast by application, 2017-2027
- 7.4.11 Indonesia
- 7.4.11.1 Market estimates and forecast, 2017-2027
- 7.4.11.2 Market estimates and forecast by power, 2017-2027
- 7.4.11.3 Market estimates and forecast by control, 2017-2027
- 7.4.11.4 Market estimates and forecast by application, 2017-2027
- 7.4.12 South Korea
- 7.4.12.1 Market estimates and forecast, 2017-2027
- 7.4.12.2 Market estimates and forecast by power, 2017-2027
- 7.4.12.3 Market estimates and forecast by control, 2017-2027
- 7.4.12.4 Market estimates and forecast by application, 2017-2027
- 7.5 Latin America
- 7.5.1 Market estimates and forecast, 2017-2027
- 7.5.2 Market estimates and forecast by product, 2017-2027
- 7.5.3 Market estimates and forecast by power, 2017-2027
- 7.5.4 Market estimates and forecast by aircraft, 2017-2027
- 7.5.5 Brazil
- 7.5.5.1 Market estimates and forecast, 2017-2027
- 7.5.5.2 Market estimates and forecast by power, 2017-2027
- 7.5.5.3 Market estimates and forecast by control, 2017-2027
- 7.5.5.4 Market estimates and forecast by application, 2017-2027
- 7.5.6 Mexico
- 7.5.6.1 Market estimates and forecast, 2017-2027
- 7.5.6.2 Market estimates and forecast by power, 2017-2027
- 7.5.6.3 Market estimates and forecast by control, 2017-2027
- 7.5.6.4 Market estimates and forecast by application, 2017-2027
- 7.5.7 Argentina
- 7.5.7.1 Market estimates and forecast, 2017-2027
- 7.5.7.2 Market estimates and forecast by power, 2017-2027
- 7.5.7.3 Market estimates and forecast by control, 2017-2027
- 7.5.7.4 Market estimates and forecast by application, 2017-2027
- 7.5.8 Peru
- 7.5.8.1 Market estimates and forecast, 2017-2027
- 7.5.8.2 Market estimates and forecast by power, 2017-2027
- 7.5.8.3 Market estimates and forecast by control, 2017-2027
- 7.5.8.4 Market estimates and forecast by application, 2017-2027
- 7.5.9 Columbia
- 7.5.9.1 Market estimates and forecast, 2017-2027
- 7.5.9.2 Market estimates and forecast by power, 2017-2027
- 7.5.9.3 Market estimates and forecast by control, 2017-2027
- 7.5.9.4 Market estimates and forecast by application, 2017-2027
- 7.6 Middle East & Africa
- 7.6.1 Market estimates and forecast, 2017-2027
- 7.6.2 Market estimates and forecast by product, 2017-2027
- 7.6.3 Market estimates and forecast by power, 2017-2027
- 7.6.4 Market estimates and forecast by aircraft, 2017-2027
- 7.6.5 Algeria
- 7.6.5.1 Market estimates and forecast, 2017-2027
- 7.6.5.2 Market estimates and forecast by power, 2017-2027
- 7.6.5.3 Market estimates and forecast by control, 2017-2027
- 7.6.5.4 Market estimates and forecast by application, 2017-2027
- 7.6.6 Egypt
- 7.6.6.1 Market estimates and forecast, 2017-2027
- 7.6.6.2 Market estimates and forecast by power, 2017-2027
- 7.6.6.3 Market estimates and forecast by control, 2017-2027
- 7.6.6.4 Market estimates and forecast by application, 2017-2027
- 7.6.7 Israel
- 7.6.7.1 Market estimates and forecast, 2017-2027
- 7.6.7.2 Market estimates and forecast by power, 2017-2027
- 7.6.7.3 Market estimates and forecast by control, 2017-2027
- 7.6.7.4 Market estimates and forecast by application, 2017-2027
- 7.6.8 Turkey
- 7.6.8.1 Market estimates and forecast, 2017-2027
- 7.6.8.2 Market estimates and forecast by power, 2017-2027
- 7.6.8.3 Market estimates and forecast by control, 2017-2027
- 7.6.8.4 Market estimates and forecast by application, 2017-2027
Chapter 8 Company Profiles
- 8.1 Torqeedo GmbH
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 Elco Motor Yachts
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
- 8.3 MINN KOTA
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 EPROPULSION
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Combi Outboards
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
- 8.6 Evoy
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
- 8.7 Pure Watercraft
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
- 8.8 Aquawatt
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
- 8.9 E-TECH
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
- 8.10 Parsun Power
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis
- 8.11 Golden Motors
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 Strategic Outlook
- 8.11.5 SWOT Analysis
- 8.12 Stealth Electric Outboards
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 Strategic Outlook
- 8.12.5 SWOT Analysis