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Press Release

Outboard Engines Market Perspective by Comprehensive Analysis Growth Prediction to 2026

An outboard engine is a system used in boats. It comprises of self-contained components including gearbox and jet drive.

This press release was orginally distributed by SBWire

Seattle, WA -- (SBWIRE) -- 10/08/2019 -- An outboard engine is a system used in boats. It comprises of self-contained components including gearbox and jet drive. These outboard engines are essential motorized method to drive small watercraft. It autonomously controls steering of the boat, in turn controlling the direction of driving.

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Outboard Engines market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.

The key factor associated with growth of the global outboard engines market mainly depends on the need for small and medium-powered boats. These are involved in activities such as fishing and transportation including holidays and relaxation. Sales of small and medium-sized boats are expected to make a positive impact on global outboard engines market. According to Coherent Market Insights analysis, in 2016, total sales of recreational boats were valued over US$ 3.5 billion. Within that value the sales in the U.S. individually valued over US$ 88 million in 2016. Coastal tourism activities in North America and Europe region has propelled the sales of boats, which is further expected to boost the growth of the global outboard engines market during the forecast period. Furthermore, advancement in technologies such as two-stroke indirect fuel injection, four-stroke fuel injection, four-stroke throttle body fuel injection, and electronic control modules to augment fuel economy benefits to the fleet owners of the ships.

Outboard Engines Market Taxonomy

On the basis of product type, the global outboard engines market is segmented into:
- Two Stroke Engine
- Four Stroke Engine

On the basis of engine type, the global outboard engines market is segmented into:
- Low power (>50 HP)
- Mid power (50 HP-150 HP)
- High power (<150 HP)

On the basis of fuel type, the global outboard engines market is segmented into:
- Gasoline Engine
- Diesel Engine

On the basis of boat type, the global outboard engines market is segmented into:
- Fishing
- Recreational
- Special purpose

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Outboard Engines Market: Competitive Background

Major players operating in the global outboard engines market include Yamaha Motor Company Ltd., Suzuki Motor Corporation, Honda Motor Co., Ltd., Tohatsu America Corp., Mudd Hog Mud Motors, LLC, Brunswick Corporation, Evinrude Outboard Motors, Torqeedo GmbH, Seven Marine LLC, Powertec Group, Hidea Power Machinery Co., Ltd., and Elco Motor Yachts, LLC.

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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Coherent Market Insights
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