4 Stroke Outboard Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.4 Billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030.
The global 4-stroke outboard market was valued at approximately USD 6.5 billion in 2022 and is projected to reach around USD 8.1 billion by 2027. This growth reflects a compound annual growth rate (CAGR) of 4.7% over the forecast period. The increase in market size is driven by the rising popularity of recreational boating, advancements in engine technology, and a shift towards more fuel-efficient and environmentally friendly outboard engines. The market is witnessing robust expansion due to innovations in engine performance, reduced emissions, and enhanced fuel economy, which are appealing to both recreational and commercial boaters.
Emerging markets present significant opportunities for growth in the 4-stroke outboard sector. Particularly, regions such as Asia-Pacific and Latin America are experiencing heightened demand due to increasing disposable incomes, growing recreational boating activities, and expanding marine tourism. These regions are expected to exhibit higher growth rates compared to mature markets. The expansion of the middle class in these areas and investments in maritime infrastructure are expected to drive the adoption of advanced outboard technologies, creating lucrative prospects for market players.
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Suzuki Motor Corporation
Yamaha Motor
Parsun
Brunswick Corporation
Hangzhou Hidea Power Machinery
Zhejiang Jianhang Power Machinery
American Honda Motor
ePropulsion
Temo
Pure Watercraft
Torqeedo
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global 4 Stroke Outboard Market
Yacht
Sailboat
Others
Based on Types the Market is categorized into Below types that held the largest 4 Stroke Outboard market share In 2023.
Manual
Electric
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global 4 Stroke Outboard Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 4 Stroke Outboard Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 4 Stroke Outboard Market, By Type
6. Global 4 Stroke Outboard Market, By Application
7. Global 4 Stroke Outboard Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global 4 Stroke Outboard Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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