Petrol Outboard Motor Market
Petrol Outboard Motor Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Petrol Outboard Motor Market Size and Growth
The Petrol Outboard Motor market is experiencing growth driven by increasing recreational boating activities and advancements in engine technology. The global market size is projected to surpass $3 billion by 2025, with a notable rise in demand for lightweight and fuel-efficient models, influenced by environmental regulations and consumer preferences.
Companies Covered
(Covid 19 Impact Covered)
◍ Torqeedo
◍ Suzuki
◍ Yamaha
◍ Tohatsu
◍ Honda
◍ Mercury Marine
◍ Evinrude
The petrol outboard motor market features key players like Torqeedo, Suzuki, Yamaha, Tohatsu, Honda, Mercury Marine, and Evinrude. These companies innovate and expand their product lines, enhancing fuel efficiency and performance, thus driving market growth.
Sales Revenue Examples:
- Yamaha: $1.5 billion
- Honda: $1.2 billion
- Mercury Marine: $800 million.
Market Segmentation
By Application
◍ Civil Entertainment
◍ Municipal Application
◍ Commercial Application
◍ Other Application
By Product
◍ Low Power (below 10 HP)
Medium Power (10-35 HP)
Large Power (Above 35 HP)
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Market Growth
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$ X Billion USD
