Allied Market Research

2025

Electric Outboards Market

Electric Outboards Market Size, Share, Competitive Landscape and Trend Analysis Report, by Power Output, by Application and, by Propulsion Type : Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Sonia Mutreja
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The report provides a detailed analysis of the Electric outboards market on the global and regional level. The study further offers insights based on the key determinants of the market, including drivers and challenges along with their relative impact on the global, regional, and country levels. In addition, the report examines the potential opportunities for the players to enter the Electric outboards market.

The report describes competitive landscape of the major market players to boost their shares and remain competitive in the industry. The study includes Porter’s five forces model and PESTEL analysis to understand the competitive scenario of the industry. The study covers the top investment pockets for investor to capitalize in the approaching time. These analysis frameworks are benchmarked on the basis of their relative market share, CAGR, and market attractiveness. The competition section of the report provides comprehensive assessment on company offering financials, business strategies, and developments. The section further contains data on regional penetration of local companies in the market along with their relative market share globally.

The company profiles in the report cover strategic developments such as acquisitions & mergers, agreements, partnerships, product/service launch, collaborations, joint ventures, research & development investment, and regional expansion of major companies in the market at global and regional level.

Key players identified in this report are Suzuki, Yamaha Motor Co., Ltd., Cummins Inc., Mercury Marine, Tohatsu Corporation, Honda Marine, Minn Kota Motors, LLC, John Deere and Company, Evinrude Outboard Motors, Volvo Penta

Electric Outboards Market Report Highlights

Aspects Details
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By Power Output
  • Below 10 HP
  • 10 HP to 30 HP
  • 30 HP to 50 HP
  • Above 50 HP
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By Application
  • Leisure Boat
  • Commercial Boats
  • Others
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By Propulsion Type
  • Brushless DC Motor
  • UL Stepper Motors
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Honda Marine, Suzuki, Tohatsu Corporation, Volvo Penta, Yamaha Motor Co., John Deere and Company, Mercury Marine, Evinrude Outboard Motors, Minn Kota Motors, Cummins Inc., LLC

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Electric Outboards Market

Opportunity Analysis and Industry Forecast, 2023-2032