Leisure Boat Engine Market size was valued at USD 5.25 Bn. in 2021 and the Leisure Boat Engine market revenue is expected to grow at 6.2 % from 2022 to 2029, reaching nearly USD 8.49 Bn.

Market Scope:

We investigated the Leisure Boat Engine Market from every angle, including both primary and secondary research methods. This improved our grasp of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, consumer behaviours, and so on. Following that, the data is collated and evaluated using a variety of market estimation and data validation approaches. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.

Leisure Boat Engine Market Overview:

The market research study Leisure Boat Engine examines and evaluates the market's position during the predicted period. It is a thorough investigation that focuses on fundamental and secondary drivers, market dominance, key segments, and geographical analysis. The research also looks at key individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and business strategy.


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Segmentation:

By Fuel

During the projection period, the petrol segment is expected to increase at the fastest CAGR. Nowadays, petrol is one of the most used fuel sources. It is mostly used as fuel in internal combustion engines with spark ignition. There are several applications for various grades of petrol. The octane number is a statistic used to assess how well petrol performs. The use of petrol increases engine durability and operability while lowering pollutants. Recent standards and regulations, such as Euro VI and BS-IV, have improved gasoline quality while lowering emissions.

By Purpose
During the projection period, the Personal segment is expected to grow at the fastest CAGR. Personal leisure boat engines are small boats used for water sports in which the user sits on top of the boat rather than within. Jet skis, water scooters, and customised adventure sports boats are among examples. The majority of boats can carry two or more passengers. A single-rider stand-up boat is a second design that is more commonly used for stunts, racing, and water sports events around the world. The majority of these boats are powered by inboard motors and can seat one, two, or even four persons. Most modern automobiles can travel up to 100 km on a single tank of gas. These boats are small, fast, manageable, and affordable because they lack external propellers.

By Boat Type
During the projected period, the motor yacht segment is expected to develop at the fastest CAGR. The increasing preference of tourists for luxury travel, personalised service, and exclusive travel are the primary drivers of motor yacht sales. Manufacturers prioritise luxury aspects in order to provide clients with superior performance qualities. There have also been substantial advancements in the processes used to build boats in recent years. Motor yachts were built using wood and fiber-reinforced polymers. However, the use of composites has grown in popularity due to benefits like as corrosion resistance, lower maintenance costs, and higher strength-to-weight qualities.


Key Players:

Primary and secondary research is used to identify market leaders, while primary and secondary research is used to determine market revenue. Primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals. Secondary research included a review of the leading manufacturers' annual and financial reports, whereas primary research included in-depth interviews with key opinion leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using historical data. The players highlighted in this report are as follows:

1. Yanmar
2. Volvo Penta
3. Brunswick Corporation
4. Yamaha Motors Co. Ltd.
5. Cummins
6. Barrus
7. Caterpillar
8. Malibu Boats Inc.
9. Mitsubishi Marine Engines
10. Yamaha Motor Company Limited
11. Bavaria Yachts GmbH
12. Johnson Outdoors Watercraft, Inc.
13. Azimut Yachts
14. Malibu Boats Inc.
15. Beneteau Group
16. Ferretti S.p.A.
17. MasterCraft
18. Hyundai Heavy Industries
19. Groupe Beneteau
20. Brunswick Corporation



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Regional Analysis:

The study provides an in-depth look at the area industry, covering both qualitative and quantitative data. It provides an overview and forecast of the global Leisure Boat Engine market by segment. It also provides market size and forecast estimations for five main regions from 2021 to 2027, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The Leisure Boat Engine market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.




COVID-19 Impact Analysis on Leisure Boat Engine Market:

We thoroughly researched and analyzed the Global Leisure Boat Engine Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the global Leisure Boat Engine industry's potential, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.



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Key Questions Answered in the Leisure Boat Engine Market Report are:

What are the most potential high-growth prospects in the worldwide Leisure Boat Engine industry, broken down by product category, End User, and Region?
Which Leisure Boat Engine market categories will grow the most rapidly, and why?
Which regions will grow faster, and why?
What are the major factors impacting Leisure Boat Engine market dynamics? What are the Leisure Boat Engine market's major drivers and challenges?
What are the business risks and dangers in the Leisure Boat Engine market?
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