Marine Inboard Engines 2017 Global Market Expected to Grow at CAGR 2.31% and Forecast to 2021
The analysts forecast the global marine inboard engines market to grow at a CAGR of 2.31% during the period 2017-2021.
New York, NY -- (SBWire) -- 05/12/2017 --Global Marine Inboard Engines Market
Description
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 analysts forecast 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.
Get Sample Report @ https://www.wiseguyreports.com/sample-request/1254640-global-marine-inboard-engines-market-2017-2021
The market is divided into the following segments based on geography:
- Europe
- ROW
- US
The 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.
- For a full, detailed list, view our report
Market challenge
- Less participation from younger generation in water-related recreational activities.
- For a full, detailed list, view our report
Market trend
- Growing pursuit for alternative fuel propulsion technology.
- For a full, detailed list, view our report
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?
Complete Report Details @ https://www.wiseguyreports.com/reports/1254640-global-marine-inboard-engines-market-2017-2021
Table of Contents -Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global marine inboard engines market by application
- Global marine inboard engines market in powerboats
- Global marine inboard engines market in yachts
PART 07: Market segmentation by geography
- Global marine inboard engines market by geography
- Marine inboard engines market in US
- Marine inboard engines market in Europe
- Marine inboard engines market in ROW
PART 08: Key leading countries
- Key leading countries
PART 09: Market drivers
- Strong revival of US and European markets
- Fall in fuel prices
- Growth in boating industry
PART 10: Impact of drivers
PART 11: Market challenges
- Less participation from younger generation
- Highly volatile and unpredictable consumer demand
- Harmonization of laws
PART 12: Impact of drivers and challenges
PART 13: Market trends
- Rise in sales of pre-owned boats
- Penetration of hybrid turbochargers
- Growing pursuit for alternative fuel propulsion technology
- Key vendor analysis
- Competitive landscape
- Other prominent vendors
- Mercury Marine
- Caterpillar
- Cummins
- Volvo Penta
Buy Now @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=1254640
Media Relations Contact
Vivian Dsena
646-845-9349
https://www.wiseguyreports.com
View this press release online at: http://rwire.com/805513