Global Outboard Electric Motors Market Overview
Outboard Electric Motors Market was valued at US$ 158.78 Million in 2024 and is projected to grow at a CAGR of 8.20% to reach US$ 346 Million by 2034.
Outboard electric motors market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
Outboard electric motors market report segments the market on the basis of type, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the outboard electric motors market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Key players in the outboard electric motors market includes:
- Torqeedo GmbH
- Minn Kota, Inc.
- Brunswick Corporation
- AquaWatt
- CSM Tech Co., Ltd
- Elco Motors, Inc
- Krautler Elektromaschinen GmbH
- Torqeedo GmbH
- Aquamot AG
- Suzhou Parsun Power Machine Co., Ltd.
Prophecy Market Insights offers required customization on this report according to specific business requirements.
Global Outboard Electric Motors Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Outboard Electric Propulsion Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Outboard Electric Trolling Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Civil Entertainment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Municipal Application
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Commercial Application
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Other Application
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Global Market, By Region, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Overview
- Latin America
- Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Torqeedo GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Minn Kota, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Brunswick Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AquaWatt
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CSM Tech Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Elco Motors, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Krautler Elektromaschinen GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Torqeedo GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Aquamot AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Suzhou Parsun Power Machine Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Outboard Electric Motors Market was valued at US$ 158.78 Million in 2024 and is projected to grow at a CAGR of 8.20% to reach US$ 346 Million by 2034.
The Outboard Electric Motors Market is segmented into basis of Type, Application and Region.
Market growth is driven by the increasing focus on sustainable marine propulsion, the transition towards electric and hybrid boat systems, and the demand for quieter, cleaner, and more energy-efficient outboard motors.
Challenges include high initial costs, limited charging infrastructure for electric boats, and concerns about battery range and durability, influencing the global Outboard Electric Motors Market.
The report considers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa as key areas for the Outboard Electric Motors Market.Europe is anticipated to dominate the market, driven by stringent environmental regulations, a strong boating culture, and the emphasis on sustainable and electric propulsion in the marine industry in the region.
The key players operating the target market includes Torqeedo GmbH, Minn Kota, Inc., Brunswick Corporation, AquaWatt, CSM Tech Co., Ltd, Elco Motors, Inc., Krautler Elektromaschinen GmbH, Torqeedo GmbH, Aquamot AG, Suzhou Parsun Power Machine Co., Ltd. and others.