DUBLIN--(BUSINESS WIRE)--The "Global Marine Outboard Engines Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global marine outboard engines market to grow at a CAGR of 4.54% during the period 2018-2022.

Outboard engines consist internal combustion engines and gasoline-powered spark-ignition engines. They are used in marine propulsion for all types of recreational light boats and commercial boats.

One trend in the market is growing demand of outboard engines. The rise in recreational boating is achieved due to advancements in the power of marine outboard engines. The growing participation in boat shows across all regions has also played a critical role for the overwhelming prevalence of marine outboard engines.

One driver in the market is rising sales of boats. The global marine outboard engines market is heavily dependent on the demand for powerboats like pontoon boats, personal watercraft, ski boats, and wakeboards. Globally, the sales of such boats increased in 2016. Economic factors, strong consumer confidence, high employment, and growing disposable income are the key factors driving the demand for these boats.

The report states that one challenge in the market is economic factors affecting sales of boats. The demand for outboard engines is positively correlated with the sales of boats. The performance of the global economy is a critical factor affecting the boating industry. Crucial economic factors affecting the boating industry are the performance of the global economy, job market prospects, sales opportunities, performance of the boating industry, the disposable income of consumers, and the number of people participating in boat shows.

Companies Mentioned

  • Honda Motor
  • Mercury Marine
  • SUZUKI MOTOR
  • Volvo Penta
  • Yamaha Motor

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Introduction

5: Market Landscape

6: Market Sizing

7: Five Forces Analysis

8: Customer Landscape

9: Market Segmentation By Engine Power

10: Regional Landscape

11: Decision Framework

12: Drivers And Challenges

13: Market Trends

14: Vendor Landscape

15: Vendor Analysis

16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/dcjhrz/global_marine?w=4

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Related Topics: Shipbuilding and Ship Parts