Marine Outboard Engines Market to Grow at a CAGR of 4.06% During the Period 2016-2020

Marine outboard engines are generally used in powerboats. Almost all powerboats are now equipped with either inboard or outboard engines. The demand for outboard engines is more than inboard engines. In Europe, 80% of the total engines used are outboard engines.

In the US, the demand for outboard engines is on the same line as in Europe. In Europe, the demand for diesel engines is more, whereas the American market is dominated by gasoline engines.

Another major difference between these markets is that consumers in the European market prefer low power output outboard engines, whereas consumers in the US prefer high power output outboard engines.

The report analysts forecast the global marine outboard engines market to grow at a CAGR of 4.06% during the period 2016-2020.

Covered in this report:

The report covers the present scenario and the growth prospects of the global marine outboard engines market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of marine outboard engines.

The market is divided into the following segments based on geography:

• Europe
• ROW
• US

Marine Outboard Engines market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors ?operating in this market.

Key vendors

• Honda
• Suzuki
• Yamaha
• Mercury

Market driver

• Strong revival of US and European markets
• For a full, detailed list, view our report

Market challenge

• Highly volatile and unpredictable consumer demand
• For a full, detailed list, view our report

Market trend

• Increased use of advanced automotive technologies
• For a full, detailed list, view our report

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Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors ?
• What are the strengths and weaknesses of the key vendors ?