Albany, NY -- (SBWIRE) -- 05/09/2017 -- Marine inboard engines are mainly used in yachts and in some powerboats. More than one inboard engines are equipped in yachts as engines with more power and torque are required to drive yachts. Powerboats are equipped either with inboard or outboard engines. More than 80% of powerboats are equipped with outboard engines, making the presence of outboard engines more dominant in powerboats. There has been a growing trend of lightweight yachts to enhance speed and efficiency, and it has also been observed that lightweight yachts have lower maintenance and consumes less energy to manufacture.

The global marine inboard engines market to grow at a CAGR of 2.31% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global marine inboard engines market for 2017-2021. To calculate the market size, the report considers the bottom-up approach where the volume of the vehicles equipped with inboard engines has been taken into consideration.

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The market is divided into the following segments based on geography:
Europe
ROW
US

Technavio's report, Global Marine Inboard Engines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Mercury Marine
Caterpillar
Cummins
Volvo Penta
Other prominent vendors
Yamaha
Honda
Suzuki

Market driver
Strong revival of the US and European economies.
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Market challenge
Less participation from younger generation in water-related recreational activities.
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Market trend
Growing pursuit for alternative fuel propulsion technology.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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