Powering the Future: Advanced Outboard Engine for Recreational Boating to Propel Market Growth

Published: Jun 2025

Outboard engine market size was $10,510 million in 2024 and is anticipated to reach $19,092 million in 20235, growing at a CAGR of 5.6% during the forecast period (2025-2035). The market is driven by the growing adoption of electric outboard engines due to environmental concerns, increasing demand for recreational boating, and the rise in commercial fishing activities and cruise holidays. Additionally, advancements in engine technology, such as improved fuel efficiency and reduced emissions, are further driving the market growth. The market is benefiting from the expansion of marine tourism and the increasing popularity of water sports.

Browse the full report description of “Outboard Engine Market Size, Share & Trends Analysis Report by Engine Type (2-Stroke, 4-Stroke, and Electric), by Fuel Type (Diesel, Gasoline, and Electric), by Ignition Type (Electric and Manual), and by Application (Commercial, Recreational, and Military) Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/outboard-engine-market

Outboard engine in the Recreational industry plays a crucial role in ensuring precision, quality, and efficiency-

  • 4-stroke outboard engine, owing to its superior fuel efficiency, lower emissions, and noiseless operation, components meet specifications for recreational boats.
  • Advancements in electric outboard motors ensure their eco-friendly nature, noiseless operation, and address environmental concerns, and renewable energy to meet government eco-friendly emission guidelines.

Market Coverage

The market numbers available for 2024-2035

Base year- 2024

Forecast period- 2025-2035

Segment Covered- 

o By Engine Type

o By Fuel Type

o By Ignition Type 

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape - American Honda Motor Co., Inc., Mercury Marine (Brunswick Corp.), Suzuki Marine USA, LLC, Tohatsu Corporation, Yamaha Motor Co., Ltd., 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 Outboard Engine Market Report Segment

By Engine Type

  • 2-stroke
  • 4-stroke
  • Electric

By Fuel Type

  • Diesel
  • Gasoline
  • Electric

By Ignition Type

  • Electric
  • Manual

By Application

  • Commercial
  • Recreational
  • Military

Global Outboard Engine 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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