GLOBAL ELECTRIC OUTBOARD MOTOR MARKET

The viability of electric propulsion rests on the notion that a smaller motor can achieve the same power, torque and efficiency as a gas/ diesel motor.

 

infographic: Electric Outboard Motor Market, Electric Outboard Motor Market Size, Electric Outboard Motor Market trends and forecast, Electric Outboard Motor Market Market Risks, Electric Outboard Motor Market report

The torque characteristics of electric are much better than diesel. A diesel engine develops peak torque between 1,600-2,000rpm, whereas electric motors delivers it from 0 RPM making it far more efficient.

The high initial torque from electric motors facilitates usage of slimmer, higher efficiency propellers that are more steeply pitched.

 

GLOBAL ELECTRIC OUTBOARD MOTOR MARKET DYNAMICS

Stealth E18KW is to offer an all-in-one complete electric outboard system to power most smaller lightweight boats at planning speeds of 18-20MPH for at least an hour.

Torqeedo offers a broad selection of outboard motors ranging from 1HP to 80HP. It has continuously innovated and improved its products and also offers a complete package including batteries and other power electronics for complete boat electrification

Norway’s Evoy is about to complete development of one of the most powerful electric outboard motors on the market. The electric Evoy Pro is rated at 150 HP

 

GLOBAL ELECTRIC OUTBOARD MOTOR MARKET SEGMENTATION

By Power output

  • Under 25hp
  • 25hp-50hp
  • More than 50hp

By Yacht length

  • Under 35 ft
  • 36-60ft
  • More than 60 ft

By Region

  • US
  • Europe
  • Asia
  • Rest of the world

 

 

GLOBAL ELECTRIC OUTBOARD MOTOR MARKET SIZE AND FORECAST

The global Electric Outboard Motor market is estimated at $XX Billion in 2020, growing at –% CAGR till 2025.

 

 

COVID IMPACT ON ELECTRIC OUTBOARD MOTOR MARKET

As boat sales have been going up in US and EU due to pandemic, we expect a similar growth in interest for electric outboard motors.

 

GLOBAL ELECTRIC OUTBOARD MOTOR COMPETITIVE LANDSCAPE

There are more than 15 players in electric outboard motor market and most of them are based in Europe. The competitive landscape of this market is lot more fragmented than gasoline powered marine outboard engine market.

Yamaha, the global market leader in gasoline powered outboard engine market has already started sea trials of its twin electric boat motor unit with an integrated steering control system.

Seattle, US based Pure Watercraft is pursuing a strategy of partnering with well-known hull manufacturers to attract boaters who want electric propulsion but not sure whether how it will play out in real world.

UK`s Equipmake supplies its APM line of electric motors and drive trains to various auto and transportation OEMs, and sees a lot of opportunity in marine electrification. UK based another company called Lynch Motors when coupled with a large diameter slow-running propeller – is capable of providing very economical cruising, the thrust is comparable to a 10HP 4-stroke petrol outboard.

 

 

COMPANY PROFILES

  1. Torqeedo
  2. Yamaha Motor
  3. Pure Watercraft
  4. Oceanvolt
  5. KARVIN
  6. FLOREN MARINE TECHNIK
  7. Elva Electric Boat Motors
  8. Bellmarine
  9. Aquamot
  10. BIxpy
  11. Stealth Motors
  12. Parsun
  13. Navigaflex
  14. Combi Outboards
  15. e’dyn
  16. Elco Motor Yachts
  17. E-Propulsion

 

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. Market Size and Forecast (2020-2025), Units and $M
  2. Market split by region, end use segment and generator Power output
  3. Market share of leading vendors, 2020
  4. COVID impact on Electric Outboard Motor market and suppliers` earnings
  5. Electric Outboard Motor Technology trends

 

 

 

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
18Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21Product installation rate by OEM, 2020
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2020
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix

 

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