Advancements in Eco-Friendly Watercraft & Electric Outboard Motors to Propel Market Growth
Global electric outboard engine market is anticipated to grow at a CAGR of 6.2% during the forecast period (2025-2035). Small boats, kayaks, and pontoons are used for eco-friendly tourism in leisure and water sports. It additionally finds other commercial applications such as military and government missions, aquaculture, and marine research. Eco-friendly, quiet, and low-emission vehicles are commonly used in sports and events for short-distance travel.
Browse the full report description of “Electric Outboard Engines Market Size, Share & Trends Analysis Report by Power (Less Than 3 kW, 3 – 6 kW, 7 – 10 kW, 11 – 15 kW, 16 kW – 25 kW, 26 - 50 kW, 51 - 150 kW, 151- 200 kW, and Above 200 kW), by Application (Fishing, Cruising, Sailing, Transportation, Rescue and Safety, and Military) and by Boat Type (Open Motorboats, Personal Watercrafts, Cabin Motorboats, Sailboats, Dinghies, Pontoon Boats, Fishing Boats, Deck boats, Kayaks/ Canoes, and Others) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/electric-outboard-engine-market
Recent Developments
- In January 2024, Mercury introduced electric outboard motors, the Avator 7.5e and 75e. The new models double the power of any previous Avatar product, adding new on-water performance capabilities. The 75e and 110e offer up to 7.5 kW and 11 kW, respectively, and integrate with the Avator ecosystem, sharing custom propellers, tiller, color display, remote controls, and Mercury Marine app functionality.
- In October 2023, ePropulsion introduced the X40 Electric Outboard. The outboard offers 40 kW of power and equivalent performance to a 60 HP fossil fuel outboard. The X40's hydrodynamic efficiency is achieved through a proprietary algorithm, resulting in smoother rides and lower energy consumption.
- In November 2024, Evoy Vita partnered with Axopar to launch the AX/E electric boat sub-brand in the US. The sub-brand features the Evoy Storm 300+ HP motor, which offers excellent acceleration, torque, and rapid charging while minimizing environmental impact.
Market Coverage
• The market number available for – 2024-2035
• Base year- 2024
• Forecast period- 2025-2035
• Segment Covered-
o By Power
o By Application
o By Boat Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape -Brunswick Corp., Evoy AS, ePropulsion, Tohatsu Corp., and others.
Key questions addressed by the report.
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Electric Outboard Engines Market Report Segment
By Power
- Less Than 3 kW
- 3 – 6 kW
- 7 – 10 kW
- 11 – 15 kW
- 16 kW – 25 kW
- 26 - 50 kW
- 51 - 150 kW
- 151- 200 kW
- Above 200 kW
By Application
- Fishing
- Cruising
- Sailing
- Transportation
- Rescue and Safety
- Military
By Boat Type
- Open Motorboats
- Personal Watercrafts
- Cabin Motorboats
- Sailboats
- Dinghies
- Pontoon Boats
- Fishing Boats
- Deck boats
- Kayaks/ Canoes
- Other (Rigid Inflatable Boats, etc)
Global Electric Outboard Engines Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Russia
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia and New Zealand
• ASEAN Economies
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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