Market Overview:
The global fuel-oil outboard engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for personal boats, commercial boats, and government enforcement boats across the globe. Additionally, rising awareness about environment-friendly and fuel-efficient engines is also contributing to the growth of this market. Based on type, the global fuel-oil outboard engine market can be segmented into less than 30 HP, 30HP to 100 HP, and above 100 HP segments. The less than 30 HP segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. This growth can be attributed to increasing demand for small fishing vessels and recreational boats across regions such as North America and Europe. Based on application, the global fuel-oil outboard engine market can be divided into personal boat, commercial boat, government enforcement boat segments.
Product Definition:
A fuel-oil outboard engine is a marine engine that uses fuel oil as its primary source of power. These engines are often used in commercial and recreational vessels, and can be either diesel or gasoline-powered. They are typically more expensive than their gasoline counterparts, but offer greater reliability and efficiency.
Less than 30 HP:
The less than 30 HP fuel-oil outboard engine market is expected to witness significant growth over the forecast period. The demand for these engines is increasing owing to factors such as ease of use, compact size, and maintenance cost.
These engines are widely used in personal watercraft including jet skis and hydrofoils owing to their high power-to-weight ratio which helps them run on lower fuel grades with higher efficiency.
30HP to 100 HP:
30HP to 100 HP is the range of engine power to be used in outboard marine engines. It is a standard formula for rating the power output of outboard marine engines.
It was created by combining two simple factors, namely horse power and shaft horsepower, using both terms where applicable.
Application Insights:
The commercial boat segment accounted for the largest share of over 60.0% in 2017 and is anticipated to witness significant growth over the forecast period. The growing tourism industry, particularly in Europe and North America, is expected to drive demand for commercial boats with fuel-oil outboard engines over the forecast period.
Personal boat application is projected to be one of the fastest-growing segments at an estimated CAGR of XX% from 2018 to 2030 owing to increasing disposable income among consumers globally coupled with rising awareness regarding recreational activities such as fishing and boating among other leisure activities has resulted in increased sales of personal watercrafts or jet skis which are propelled by fuel-oil outboard engines thereby driving demand for FBOEs worldwide.
Government enforcement boats are used on navigable waterways for patrolling against illegal immigration, smuggling, drug trafficking.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, coupled with rising recreational spending by individuals and corporate entities in countries such as China, India, Thailand and Singapore. Furthermore, government initiatives encouraging marine recreational activities are projected to fuel product demand in this region. For instance; In December 2017; Government of India launched ‘Vasco da Gama Marine National Park’ which will protect around 34000 hectares of area along with 12 fishing ports from poachers and illegal fishers off the coast of Goa state.
Europe was estimated at USD X million in 2016 owing to high popularity for water based activities such as boating and fishing among individuals living in Western European countries including U.K.
Growth Factors:
- Increasing demand for fuel-oil outboard engines from the marine sector as a result of the growth in global trade and tourism.
- The increasing popularity of fuel-oil outboard engines among recreational boat owners, due to their low emissions and high efficiency.
- The development of more advanced technologies that improve the performance and reduce the environmental impact of fuel-oil outboard engines.
- Regulations encouraging the use of fuel-oil outboard engines over traditional gasoline or diesel powered engines, in order to reduce emissions levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel-oil Outboard Engine Market Research Report
By Type
Less than 30 HP, 30HP to 100 HP, Above 100 HP
By Application
Personal Boat, Commercial Boat, Government Enforcement Boat
By Companies
Yamaha, Brunswick, Honda, BRP, Suzuki, Tohatsu, Parsun, Hidea, Parsun Power Machine, Volvo Penta, Yamaha
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Fuel-oil Outboard Engine Market Report Segments:
The global Fuel-oil Outboard Engine market is segmented on the basis of:
Types
Less than 30 HP, 30HP to 100 HP, Above 100 HP
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Boat, Commercial Boat, Government Enforcement Boat
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yamaha
- Brunswick
- Honda
- BRP
- Suzuki
- Tohatsu
- Parsun
- Hidea
- Parsun Power Machine
- Volvo Penta
- Yamaha
Highlights of The Fuel-oil Outboard Engine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less than 30 HP
- 30HP to 100 HP
- Above 100 HP
- By Application:
- Personal Boat
- Commercial Boat
- Government Enforcement Boat
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel-oil Outboard Engine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fuel-oil outboard engine is a type of marine engine that uses fuel oil as its primary source of power. These engines are typically used in larger boats, such as yachts and cruise ships, and are often more powerful than gasoline or diesel engines.
Some of the key players operating in the fuel-oil outboard engine market are Yamaha, Brunswick, Honda, BRP, Suzuki, Tohatsu, Parsun, Hidea, Parsun Power Machine, Volvo Penta, Yamaha.
The fuel-oil outboard engine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fuel-oil Outboard Engine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fuel-oil Outboard Engine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel-oil Outboard Engine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fuel-oil Outboard Engine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fuel-oil Outboard Engine Market Size & Forecast, 2018-2028
4.5.1 Fuel-oil Outboard Engine Market Size and Y-o-Y Growth
4.5.2 Fuel-oil Outboard Engine Market Absolute $ Opportunity
Chapter 5 Global Fuel-oil Outboard Engine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fuel-oil Outboard Engine Market Size Forecast by Type
5.2.1 Less than 30 HP
5.2.2 30HP to 100 HP
5.2.3 Above 100 HP
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fuel-oil Outboard Engine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fuel-oil Outboard Engine Market Size Forecast by Applications
6.2.1 Personal Boat
6.2.2 Commercial Boat
6.2.3 Government Enforcement Boat
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fuel-oil Outboard Engine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fuel-oil Outboard Engine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fuel-oil Outboard Engine Analysis and Forecast
9.1 Introduction
9.2 North America Fuel-oil Outboard Engine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fuel-oil Outboard Engine Market Size Forecast by Type
9.6.1 Less than 30 HP
9.6.2 30HP to 100 HP
9.6.3 Above 100 HP
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fuel-oil Outboard Engine Market Size Forecast by Applications
9.10.1 Personal Boat
9.10.2 Commercial Boat
9.10.3 Government Enforcement Boat
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fuel-oil Outboard Engine Analysis and Forecast
10.1 Introduction
10.2 Europe Fuel-oil Outboard Engine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fuel-oil Outboard Engine Market Size Forecast by Type
10.6.1 Less than 30 HP
10.6.2 30HP to 100 HP
10.6.3 Above 100 HP
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fuel-oil Outboard Engine Market Size Forecast by Applications
10.10.1 Personal Boat
10.10.2 Commercial Boat
10.10.3 Government Enforcement Boat
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fuel-oil Outboard Engine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fuel-oil Outboard Engine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fuel-oil Outboard Engine Market Size Forecast by Type
11.6.1 Less than 30 HP
11.6.2 30HP to 100 HP
11.6.3 Above 100 HP
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fuel-oil Outboard Engine Market Size Forecast by Applications
11.10.1 Personal Boat
11.10.2 Commercial Boat
11.10.3 Government Enforcement Boat
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fuel-oil Outboard Engine Analysis and Forecast
12.1 Introduction
12.2 Latin America Fuel-oil Outboard Engine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fuel-oil Outboard Engine Market Size Forecast by Type
12.6.1 Less than 30 HP
12.6.2 30HP to 100 HP
12.6.3 Above 100 HP
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fuel-oil Outboard Engine Market Size Forecast by Applications
12.10.1 Personal Boat
12.10.2 Commercial Boat
12.10.3 Government Enforcement Boat
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fuel-oil Outboard Engine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fuel-oil Outboard Engine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fuel-oil Outboard Engine Market Size Forecast by Type
13.6.1 Less than 30 HP
13.6.2 30HP to 100 HP
13.6.3 Above 100 HP
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fuel-oil Outboard Engine Market Size Forecast by Applications
13.10.1 Personal Boat
13.10.2 Commercial Boat
13.10.3 Government Enforcement Boat
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fuel-oil Outboard Engine Market: Competitive Dashboard
14.2 Global Fuel-oil Outboard Engine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yamaha
14.3.2 Brunswick
14.3.3 Honda
14.3.4 BRP
14.3.5 Suzuki
14.3.6 Tohatsu
14.3.7 Parsun
14.3.8 Hidea
14.3.9 Parsun Power Machine
14.3.10 Volvo Penta
14.3.11 Yamaha
