Global Leisure Boat Engine Market

By Author: Rupali Dagade
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Global Leisure Boat Engine Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 6.3% from 2019 to 2027, reaching nearly US$ XX Bn.

Global Leisure Boat Engine Market

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The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Leisure Boat Engine Market : Market Overview

Leisure boat is a recreational boat used for pleasure and tourism. The leisure boat engine is an internal combustion engine that provides power to run the leisure boat. The leisure boat engine delivers rapid acceleration and reliable performance with low emission which attracts customers. The leisure boat engine gets powered by gasoline, diesel, or by an alternative source. Each of the fuel has its specific qualities and is used according to applications and boat type. Leisure boats are usually used for spending vacations or spending quality time with family, fishing, ...
... and recreational sports.
Global Leisure Boat Engine Market : Market Dynamics

Disposal income of people of developing nations who can spend on recreational activities have resulted in the growing demand for the leisure boats, also the expansion in the tourism industry is expected to increase the demand for leisure boats; thus, directly creating substantial opportunities for leisure boat engine manufacture. Adoption of advanced technology which provides more pleasure to customers, marine & coastal tourism are gaining popularity among the tourist and are the major factors which help to drive the leisure boat engine market during the forecast period. In addition, the increase in usage of leisure boat for a family outing, fishing activities is increasing the demand for leisure boat engines.

However, the diesel engines are majorly used in a leisure boat, which is banned in many nations due to high emission and pollutants which hinder the growth of the market. The storage of fuel in the boat is a major concern. Due to the impact of the Covid-19 pandemic, several economies are largely disruptive, so manufacturers are not focusing on Research & Development which influences the market dynamics. The safety of customers is also a major factor that hampers the growth of the leisure boat market during the forecast period. Thus, the hybrid which is a renewable alternative is in the growing stage.
Leisure Boat Engine Market: Market Segmentation

Leisure Boat Engine market is segmented by fuel, by boat type, by purpose and by region.

Based on fuel, the leisure boat engine market is segmented into gasoline and diesel. The gasoline segment is expected to grow at the highest CAGR during the forecast period as diesel is banned by many nations around the world.

On the basis of Purpose, the leisure boat engine market is segmented into personal, fishing, and tourism. The tourism segment is expected to grow the leisure boat engine market during the forecast period.

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Global Leisure Boat Engine Market : Regional Analysis

The regional analysis of worldwide Leisure Boat Engine market is segregated across North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Currently, North America and Europe are the major area for manufacturing of leisure boat engine, led by the presence of key leisure boat manufacturers. The Asia Pacific is prominent region of the market owing to the major developing nations and rise in spending, which led to the production of new leisure boats in this region.

The objective of the report is to present a comprehensive analysis of the Global Leisure Boat Engine Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Leisure Boat Engine Market dynamics, structure by analyzing the market segments and projects the Global Leisure Boat Engine Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Leisure Boat Engine Market make the report investor’s guide.
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Global Leisure Boat Engine Market, by Fuel

• Gasoline
• Diesel
Global Leisure Boat Engine Market, by Purpose

• Personal
• Fishing
• Tourism
Global Leisure Boat Engine Market, by Boat Type

• Motor yacht
• Powerboat
• Sailboat
Global Leisure Boat Engine Market, by Region

• Asia Pacific
 India
 China
 Japan
 ASEAN
 Rest of Asia
• North America
 U.S.
 Canada
• Europe
 U.K
 Germany
 France
 Russia
 Spain
 Italy
 Sweden
• South America
 Mexico
 Brazil
 Rest of South America
• Middle East & Africa
 GCC
 South Africa
 Rest of MEA
Leisure Boat Engine Market, Key Players

• Yanmar
• Volvo Penta
• Brunswick Corporation
• PCM Engines
• Cummins
• Barrus
• Caterpillar
• Malibu Boats Inc.
• Mitsubishi Marine Engines
• Yamaha Motor Company Limited
• Bavaria Yachts GmbH
• Johnson Outdoors Watercraft, Inc.
• Azimut Yachts
• Malibu Boats Inc.
• Beneteau Group
• Ferretti S.p.A.
• MasterCraft
• Hyundai Heavy Industries

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