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The Global Marine Outboard Engines market size is forecast to increase by USD 3.29 billion at a CAGR of 5.54% between 2023 and 2028. The market's vitality hinges largely on the demand for powerboats such as recreational boats, pontoon boats, personal watercraft, ski boats, and wakeboarding equipment. However, a major hurdle for the industry is the absence of consistent standards and regulations, which differ from one region to another. Moreover, alterations in environmental regulations exert a detrimental effect on the sales of marine outboard engines.
The market share of the low-power segment will be significant during the forecast period. Marine outboard engines used by previous generations that have been reduced in size fall under the low-power marine outboard engines market. The size of these marine engines is reduced by employing technologies like forced induction (turbocharger) and gasoline direct injection systems. The power and performance of these engines are similar to that of the marine engines of the previous generations. The emission of greenhouse gases by the marine industry is continuously increasing. For instance, about 2.5% of the total global greenhouse gases in Europe are emitted by the marine industry, and it is expected to increase to 5% by 2050.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Power Rating
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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