Global Marine Engines Market 2017-2021

Global Marine Engines Market 2017-2021

  • November 2017 •
  • 67 pages •
  • Report ID: 5192439 •
  • Format: PDF
About Marine Engines

Marine engines are used for propelling boats. They are categorized into two parts: Marine outboard engines, and Marine inboard engines. Outboard engines are mostly used in small and mid-sized boats. There are several benefits of outboard engines such as low maintenance cost, affordability, environmental compatibility, and high engine performance. Marine inboard engines are mainly present in yachts and few of the powerboats. Yachts are generally equipped with multiple inboard engines, since they require more power and torque.

Technavio’s analysts forecast the global marine engines market to grow at a CAGR of 4.20% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global marine engines market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Europe
• US

Technavio’s report, Global Marine Engines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Caterpillar
• Cummins
• Volvo Penta
• Mercury Marine

Other prominent vendors
• Suzuki
• Yamaha
• MAN Diesel & Turbo
• Honda

Market driver
• Increasing sales of boats
• For a full, detailed list, view our report

Market challenge
• Rise in compliance cost due to stringent emission norms
• For a full, detailed list, view our report

Market trend
• Increase in popularity of pontoon boats
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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