Outboard Electric Motors Market Booming Worldwide with Latest Trend and Future Scope by 2029

The global outboard electric motors market is anticipated to grow at a CAGR of 5.1% during the forecast period. Growing interest toward recreational water sports activities and rising water-based tourism are the major drivers for recreational boating market growth which has boosted the demand for outboard electric motors for boats. Various types of recreational boats are used for recreational boating, including runabouts, towboats, fishing boats, sailboats, pontoon boats, sterndrive powerboats, jet boats, personal watercraft, propulsion systems, and cabin cruisers. Continuous technological advancement in boats & boat motors are some of the factors expected to offer lucrative opportunities for market growth during the forecast period.

Get Free Sample link @ https://www.omrglobal.com/request-sample/outboard-electric-motors-market

In January 2023, Brunswick launches all-electric marine outboard. The Avator 7.5e will be the first in Mercury Marine’s full line of electric outboard motors. Further, in February 2022, Brunswick corp (Mercury Marine) announced the launching of an electric outboard motor called Avator at the Miami International Boat Show. The motor is designed for smaller boats and has a removable and interchangeable battery system that allows for easy and fast recharging. Additionally, the motor has a screen display that displays the battery level.

full report of Outboard Electric Motors Market available @ https://www.omrglobal.com/industry-reports/outboard-electric-motors-market

  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Outboard Electric Motors Market Report Segment

By Motor Type

  • Propulsion Motors
  • Trolling Motors

By Power

  • Below 25kW
  • 25 to 50kW
  • 50 to 150kW

By Application

  • Military
  • Commercial
  • Recreational

Global Outboard Electric Motors Market Report by Region

North America

  • US
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/outboard-electric-motors-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 780-304-0404