The global market for Electric Propulsion Outboard Motors was valued at US$ 165 million in the year 2024 and is projected to reach a revised size of US$ 289 million by 2031, growing at a CAGR of 8.0% during the forecast period.

Electric Propulsion Outboard Motors Market

Outboard electric motor is a kind of propulsion system for boats which uses electric as power. Outboard electric motor, commonly referred to as “trolling motor” or “electric Outboard motor”. They are the most common motorized method of propelling small watercraft. As well as providing propulsion, outboards provide steering control, as they are designed to pivot over their mountings and thus control the direction of thrust. The skeg also acts as a rudder when the engine is not running. Unlike inboard motors, outboard motors can be easily removed for storage or repairs.

This report mainly studies Outboard Electric Propulsion Motor market. An Outboard Electric Propulsion Motor is a kind of outboard Motor which is a propulsion system for boats.

The Electric Propulsion Outboard Motors market is experiencing significant growth, driven by advancements in battery technology, increasing demand for environmentally friendly marine propulsion solutions, and evolving consumer preferences. Electric Propulsion Outboard Motors are seen as a viable alternative to traditional gasoline-powered outboard motors, offering lower emissions, reduced noise pollution, and more efficient energy use, making them particularly attractive for recreational boating and commercial marine applications.

Product Types

The Electric Propulsion Outboard Motor market can be segmented into different product categories based on their power output.

Among these categories, Above 100hp is the fastest-growing product type. This growth is primarily due to the increasing need for high-power electric motors that can handle larger boats and commercial applications, where more power is required for long-distance cruising or heavy-duty use. As battery technology continues to improve, more powerful electric motors are being developed to meet the needs of larger vessels. These motors offer higher torque and extended range, which make them suitable for recreational boats, commercial boats, and even larger municipal and official boats.

In contrast, motors in the 10hp and Below and 10.1-35hp segments continue to dominate in the recreational boating sector, where the demand for smaller, more energy-efficient motors is high. These motors are ideal for small to medium-sized boats, which are commonly used for leisure activities like fishing, family outings, and short-distance travel.

Driving Factors

Environmental Awareness and Sustainability Trends One of the most significant factors driving the growth of the electric propulsion outboard motors market is the increasing global awareness regarding environmental issues. Climate change concerns, rising carbon emissions, and the environmental degradation of marine ecosystems have prompted both consumers and industries to seek eco-friendly alternatives. Electric outboard motors, with their zero-emission operation, significantly reduce the environmental footprint of recreational, commercial, and municipal boating. This has made electric motors a preferred choice for consumers who are prioritizing sustainability and environmental preservation.

As governments around the world tighten environmental regulations, especially in regions like Europe and North America, the demand for electric propulsion systems that meet stringent emissions standards is increasing. This trend is further supported by consumer awareness campaigns and the growing shift toward greener technologies across various industries.

Technological Advancements Continuous improvements in battery technology and motor efficiency are fueling the growth of the electric propulsion outboard motors market. Advances in lithium-ion battery technology have led to batteries that are lighter, longer-lasting, and more energy-dense, thus enabling longer boating trips and greater motor performance. These technological advancements make electric motors more viable for a wide range of applications, from small recreational boats to large commercial vessels.

Moreover, the integration of smart features like real-time performance monitoring, navigation support, and energy management systems is enhancing the user experience. With these advancements, electric propulsion systems are becoming increasingly reliable, efficient, and attractive for both recreational and commercial boaters. As battery costs decrease and energy densities improve, the cost of electric motors continues to become more competitive with traditional gasoline-powered engines.

Cost Savings The cost savings associated with the use of electric propulsion outboard motors are another key driver for market growth. Electric motors generally have fewer moving parts compared to internal combustion engines, which leads to lower maintenance costs and a longer lifespan. Furthermore, electric motors are more energy-efficient, and the cost of electricity for charging is often lower than the price of gasoline or diesel fuel. This makes electric propulsion systems an attractive option for both recreational boaters and commercial users who want to reduce operational costs in the long term.

Government Incentives and Regulations The growing presence of government incentives and stricter regulations are further pushing the adoption of electric propulsion outboard motors. Many countries offer subsidies, tax breaks, and grants to encourage the adoption of electric boats and outboard motors. These incentives reduce the upfront cost of electric motors, making them more accessible to consumers. Additionally, as governments implement increasingly stringent regulations around emissions and environmental performance in the marine sector, businesses are being pushed to adopt cleaner propulsion technologies, including electric outboard motors, to comply with these regulations.

In conclusion, the Electric Propulsion Outboard Motor market is witnessing rapid growth, with significant advances in motor power and battery technology. The Above 100hp category is the fastest-growing segment, driven by the increasing demand for high-powered motors for larger boats and commercial vessels. Recreation Boats continue to hold the largest market share, with the demand for Electric Propulsion Outboard Motors in this segment fueled by environmental concerns and the desire for quieter, cleaner boating experiences. North America remains the largest consumer market, but other regions such as Europe and Asia-Pacific are also showing strong growth potential.

As the industry continues to innovate and improve the performance and efficiency of Electric Propulsion Outboard Motors, the market is expected to expand further, offering more opportunities for both manufacturers and consumers. The shift toward electric propulsion in the boating industry aligns with broader trends in sustainability and eco-consciousness, providing a clear path for continued growth in the coming years.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Propulsion Outboard Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Propulsion Outboard Motors.

The Electric Propulsion Outboard Motors market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electric Propulsion Outboard Motors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Electric Propulsion Outboard Motors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Electric Propulsion Outboard Motors Market Report

Report Metric	Details
Report Name	Electric Propulsion Outboard Motors Market
Accounted market size in year	US$ 165 million
Forecasted market size in 2031	US$ 289 million
CAGR	8.0%
Base Year	year
Forecasted years	2025 - 2031
by Type	Below 10 HP 10-35 HP 35.1-70 HP Above 70 HP
by Application	Civil Entertainment Municipal Application Commercial Application Other
Production by Region	North America Europe China
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Torqeedo, ePropulsion Technology, Mercury, ACEL Power Inc, AquaWatt, Elco Motor Yachts, Evoy AS, Aquamot, Parsun Power, Ray Electric Outboards
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Propulsion Outboard Motors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Propulsion Outboard Motors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Propulsion Outboard Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Electric Propulsion Outboard Motors Market growing?

Ans: The Electric Propulsion Outboard Motors Market witnessing a CAGR of 8.0% during the forecast period 2025-2031.

What is the Electric Propulsion Outboard Motors Market size in 2031?

Ans: The Electric Propulsion Outboard Motors Market size in 2031 will be US$ 289 million.

Who are the main players in the Electric Propulsion Outboard Motors Market report?

Ans: The main players in the Electric Propulsion Outboard Motors Market are Torqeedo, ePropulsion Technology, Mercury, ACEL Power Inc, AquaWatt, Elco Motor Yachts, Evoy AS, Aquamot, Parsun Power, Ray Electric Outboards

What are the Application segmentation covered in the Electric Propulsion Outboard Motors Market report?

Ans: The Applications covered in the Electric Propulsion Outboard Motors Market report are Civil Entertainment, Municipal Application, Commercial Application, Other

What are the Type segmentation covered in the Electric Propulsion Outboard Motors Market report?

Ans: The Types covered in the Electric Propulsion Outboard Motors Market report are Below 10 HP, 10-35 HP, 35.1-70 HP, Above 70 HP

1 Electric Propulsion Outboard Motors Market Overview

1.1 Product Definition

1.2 Electric Propulsion Outboard Motors by Type

1.2.1 Global Electric Propulsion Outboard Motors Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Below 10 HP

1.2.3 10-35 HP

1.2.4 35.1-70 HP

1.2.5 Above 70 HP

1.3 Electric Propulsion Outboard Motors by Application

1.3.1 Global Electric Propulsion Outboard Motors Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Civil Entertainment

1.3.3 Municipal Application

1.3.4 Commercial Application

1.3.5 Other

1.4 Global Market Growth Prospects

1.4.1 Global Electric Propulsion Outboard Motors Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Electric Propulsion Outboard Motors Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Electric Propulsion Outboard Motors Production Estimates and Forecasts (2020-2031)

1.4.4 Global Electric Propulsion Outboard Motors Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Electric Propulsion Outboard Motors Production Market Share by Manufacturers (2020-2025)

2.2 Global Electric Propulsion Outboard Motors Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Electric Propulsion Outboard Motors, Industry Ranking, 2023 VS 2024

2.4 Global Electric Propulsion Outboard Motors Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Electric Propulsion Outboard Motors Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Electric Propulsion Outboard Motors, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Electric Propulsion Outboard Motors, Product Offered and Application

2.8 Global Key Manufacturers of Electric Propulsion Outboard Motors, Date of Enter into This Industry

2.9 Electric Propulsion Outboard Motors Market Competitive Situation and Trends

2.9.1 Electric Propulsion Outboard Motors Market Concentration Rate

2.9.2 Global 5 and 10 Largest Electric Propulsion Outboard Motors Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Electric Propulsion Outboard Motors Production by Region

3.1 Global Electric Propulsion Outboard Motors Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Electric Propulsion Outboard Motors Production Value by Region (2020-2031)

3.2.1 Global Electric Propulsion Outboard Motors Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Electric Propulsion Outboard Motors by Region (2026-2031)

3.3 Global Electric Propulsion Outboard Motors Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Electric Propulsion Outboard Motors Production Volume by Region (2020-2031)

3.4.1 Global Electric Propulsion Outboard Motors Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Electric Propulsion Outboard Motors by Region (2026-2031)

3.5 Global Electric Propulsion Outboard Motors Market Price Analysis by Region (2020-2025)

3.6 Global Electric Propulsion Outboard Motors Production and Value, Year-over-Year Growth

3.6.1 North America Electric Propulsion Outboard Motors Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Electric Propulsion Outboard Motors Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Electric Propulsion Outboard Motors Production Value Estimates and Forecasts (2020-2031)

4 Electric Propulsion Outboard Motors Consumption by Region

4.1 Global Electric Propulsion Outboard Motors Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Electric Propulsion Outboard Motors Consumption by Region (2020-2031)

4.2.1 Global Electric Propulsion Outboard Motors Consumption by Region (2020-2025)

4.2.2 Global Electric Propulsion Outboard Motors Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Electric Propulsion Outboard Motors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Electric Propulsion Outboard Motors Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Electric Propulsion Outboard Motors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Electric Propulsion Outboard Motors Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Electric Propulsion Outboard Motors Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Electric Propulsion Outboard Motors Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Electric Propulsion Outboard Motors Production by Type (2020-2031)

5.1.1 Global Electric Propulsion Outboard Motors Production by Type (2020-2025)

5.1.2 Global Electric Propulsion Outboard Motors Production by Type (2026-2031)

5.1.3 Global Electric Propulsion Outboard Motors Production Market Share by Type (2020-2031)

5.2 Global Electric Propulsion Outboard Motors Production Value by Type (2020-2031)

5.2.1 Global Electric Propulsion Outboard Motors Production Value by Type (2020-2025)

5.2.2 Global Electric Propulsion Outboard Motors Production Value by Type (2026-2031)

5.2.3 Global Electric Propulsion Outboard Motors Production Value Market Share by Type (2020-2031)

5.3 Global Electric Propulsion Outboard Motors Price by Type (2020-2031)

6 Segment by Application

6.1 Global Electric Propulsion Outboard Motors Production by Application (2020-2031)

6.1.1 Global Electric Propulsion Outboard Motors Production by Application (2020-2025)

6.1.2 Global Electric Propulsion Outboard Motors Production by Application (2026-2031)

6.1.3 Global Electric Propulsion Outboard Motors Production Market Share by Application (2020-2031)

6.2 Global Electric Propulsion Outboard Motors Production Value by Application (2020-2031)

6.2.1 Global Electric Propulsion Outboard Motors Production Value by Application (2020-2025)

6.2.2 Global Electric Propulsion Outboard Motors Production Value by Application (2026-2031)

6.2.3 Global Electric Propulsion Outboard Motors Production Value Market Share by Application (2020-2031)

6.3 Global Electric Propulsion Outboard Motors Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Torqeedo

7.1.1 Torqeedo Electric Propulsion Outboard Motors Company Information

7.1.2 Torqeedo Electric Propulsion Outboard Motors Product Portfolio

7.1.3 Torqeedo Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Torqeedo Main Business and Markets Served

7.1.5 Torqeedo Recent Developments/Updates

7.2 ePropulsion Technology

7.2.1 ePropulsion Technology Electric Propulsion Outboard Motors Company Information

7.2.2 ePropulsion Technology Electric Propulsion Outboard Motors Product Portfolio

7.2.3 ePropulsion Technology Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.2.4 ePropulsion Technology Main Business and Markets Served

7.2.5 ePropulsion Technology Recent Developments/Updates

7.3 Mercury

7.3.1 Mercury Electric Propulsion Outboard Motors Company Information

7.3.2 Mercury Electric Propulsion Outboard Motors Product Portfolio

7.3.3 Mercury Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Mercury Main Business and Markets Served

7.3.5 Mercury Recent Developments/Updates

7.4 ACEL Power Inc

7.4.1 ACEL Power Inc Electric Propulsion Outboard Motors Company Information

7.4.2 ACEL Power Inc Electric Propulsion Outboard Motors Product Portfolio

7.4.3 ACEL Power Inc Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.4.4 ACEL Power Inc Main Business and Markets Served

7.4.5 ACEL Power Inc Recent Developments/Updates

7.5 AquaWatt

7.5.1 AquaWatt Electric Propulsion Outboard Motors Company Information

7.5.2 AquaWatt Electric Propulsion Outboard Motors Product Portfolio

7.5.3 AquaWatt Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.5.4 AquaWatt Main Business and Markets Served

7.5.5 AquaWatt Recent Developments/Updates

7.6 Elco Motor Yachts

7.6.1 Elco Motor Yachts Electric Propulsion Outboard Motors Company Information

7.6.2 Elco Motor Yachts Electric Propulsion Outboard Motors Product Portfolio

7.6.3 Elco Motor Yachts Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Elco Motor Yachts Main Business and Markets Served

7.6.5 Elco Motor Yachts Recent Developments/Updates

7.7 Evoy AS

7.7.1 Evoy AS Electric Propulsion Outboard Motors Company Information

7.7.2 Evoy AS Electric Propulsion Outboard Motors Product Portfolio

7.7.3 Evoy AS Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Evoy AS Main Business and Markets Served

7.7.5 Evoy AS Recent Developments/Updates

7.8 Aquamot

7.8.1 Aquamot Electric Propulsion Outboard Motors Company Information

7.8.2 Aquamot Electric Propulsion Outboard Motors Product Portfolio

7.8.3 Aquamot Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Aquamot Main Business and Markets Served

7.8.5 Aquamot Recent Developments/Updates

7.9 Parsun Power

7.9.1 Parsun Power Electric Propulsion Outboard Motors Company Information

7.9.2 Parsun Power Electric Propulsion Outboard Motors Product Portfolio

7.9.3 Parsun Power Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Parsun Power Main Business and Markets Served

7.9.5 Parsun Power Recent Developments/Updates

7.10 Ray Electric Outboards

7.10.1 Ray Electric Outboards Electric Propulsion Outboard Motors Company Information

7.10.2 Ray Electric Outboards Electric Propulsion Outboard Motors Product Portfolio

7.10.3 Ray Electric Outboards Electric Propulsion Outboard Motors Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Ray Electric Outboards Main Business and Markets Served

7.10.5 Ray Electric Outboards Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Electric Propulsion Outboard Motors Industry Chain Analysis

8.2 Electric Propulsion Outboard Motors Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Electric Propulsion Outboard Motors Production Mode & Process Analysis

8.4 Electric Propulsion Outboard Motors Sales and Marketing

8.4.1 Electric Propulsion Outboard Motors Sales Channels

8.4.2 Electric Propulsion Outboard Motors Distributors

8.5 Electric Propulsion Outboard Motors Customer Analysis

9 Electric Propulsion Outboard Motors Market Dynamics

9.1 Electric Propulsion Outboard Motors Industry Trends

9.2 Electric Propulsion Outboard Motors Market Drivers

9.3 Electric Propulsion Outboard Motors Market Challenges

9.4 Electric Propulsion Outboard Motors Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Ray Electric Outboards

EPropulsion Technology

List of Tables

Table 1. Global Electric Propulsion Outboard Motors Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Electric Propulsion Outboard Motors Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Electric Propulsion Outboard Motors Production Capacity (Units) by Manufacturers in 2024

Table 4. Global Electric Propulsion Outboard Motors Production by Manufacturers (2020-2025) & (Units)

Table 5. Global Electric Propulsion Outboard Motors Production Market Share by Manufacturers (2020-2025)

Table 6. Global Electric Propulsion Outboard Motors Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Electric Propulsion Outboard Motors Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Electric Propulsion Outboard Motors, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Electric Propulsion Outboard Motors as of 2024)

Table 10. Global Market Electric Propulsion Outboard Motors Average Price by Manufacturers (USD/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Electric Propulsion Outboard Motors, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Electric Propulsion Outboard Motors, Product Offered and Application

Table 13. Global Key Manufacturers of Electric Propulsion Outboard Motors, Date of Enter into This Industry

Table 14. Global Electric Propulsion Outboard Motors Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Electric Propulsion Outboard Motors Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Electric Propulsion Outboard Motors Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Electric Propulsion Outboard Motors Production Value Market Share by Region (2020-2025)

Table 19. Global Electric Propulsion Outboard Motors Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Electric Propulsion Outboard Motors Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Electric Propulsion Outboard Motors Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Table 22. Global Electric Propulsion Outboard Motors Production (Units) by Region (2020-2025)

Table 23. Global Electric Propulsion Outboard Motors Production Market Share by Region (2020-2025)

Table 24. Global Electric Propulsion Outboard Motors Production (Units) Forecast by Region (2026-2031)

Table 25. Global Electric Propulsion Outboard Motors Production Market Share Forecast by Region (2026-2031)

Table 26. Global Electric Propulsion Outboard Motors Market Average Price (USD/Unit) by Region (2020-2025)

Table 27. Global Electric Propulsion Outboard Motors Market Average Price (USD/Unit) by Region (2026-2031)

Table 28. Global Electric Propulsion Outboard Motors Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 29. Global Electric Propulsion Outboard Motors Consumption by Region (2020-2025) & (Units)

Table 30. Global Electric Propulsion Outboard Motors Consumption Market Share by Region (2020-2025)

Table 31. Global Electric Propulsion Outboard Motors Forecasted Consumption by Region (2026-2031) & (Units)

Table 32. Global Electric Propulsion Outboard Motors Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Electric Propulsion Outboard Motors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 34. North America Electric Propulsion Outboard Motors Consumption by Country (2020-2025) & (Units)

Table 35. North America Electric Propulsion Outboard Motors Consumption by Country (2026-2031) & (Units)

Table 36. Europe Electric Propulsion Outboard Motors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 37. Europe Electric Propulsion Outboard Motors Consumption by Country (2020-2025) & (Units)

Table 38. Europe Electric Propulsion Outboard Motors Consumption by Country (2026-2031) & (Units)

Table 39. Asia Pacific Electric Propulsion Outboard Motors Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 40. Asia Pacific Electric Propulsion Outboard Motors Consumption by Region (2020-2025) & (Units)

Table 41. Asia Pacific Electric Propulsion Outboard Motors Consumption by Region (2026-2031) & (Units)

Table 42. Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 43. Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption by Country (2020-2025) & (Units)

Table 44. Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption by Country (2026-2031) & (Units)

Table 45. Global Electric Propulsion Outboard Motors Production (Units) by Type (2020-2025)

Table 46. Global Electric Propulsion Outboard Motors Production (Units) by Type (2026-2031)

Table 47. Global Electric Propulsion Outboard Motors Production Market Share by Type (2020-2025)

Table 48. Global Electric Propulsion Outboard Motors Production Market Share by Type (2026-2031)

Table 49. Global Electric Propulsion Outboard Motors Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Electric Propulsion Outboard Motors Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Electric Propulsion Outboard Motors Production Value Market Share by Type (2020-2025)

Table 52. Global Electric Propulsion Outboard Motors Production Value Market Share by Type (2026-2031)

Table 53. Global Electric Propulsion Outboard Motors Price (USD/Unit) by Type (2020-2025)

Table 54. Global Electric Propulsion Outboard Motors Price (USD/Unit) by Type (2026-2031)

Table 55. Global Electric Propulsion Outboard Motors Production (Units) by Application (2020-2025)

Table 56. Global Electric Propulsion Outboard Motors Production (Units) by Application (2026-2031)

Table 57. Global Electric Propulsion Outboard Motors Production Market Share by Application (2020-2025)

Table 58. Global Electric Propulsion Outboard Motors Production Market Share by Application (2026-2031)

Table 59. Global Electric Propulsion Outboard Motors Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Electric Propulsion Outboard Motors Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Electric Propulsion Outboard Motors Production Value Market Share by Application (2020-2025)

Table 62. Global Electric Propulsion Outboard Motors Production Value Market Share by Application (2026-2031)

Table 63. Global Electric Propulsion Outboard Motors Price (USD/Unit) by Application (2020-2025)

Table 64. Global Electric Propulsion Outboard Motors Price (USD/Unit) by Application (2026-2031)

Table 65. Torqeedo Electric Propulsion Outboard Motors Company Information

Table 66. Torqeedo Electric Propulsion Outboard Motors Specification and Application

Table 67. Torqeedo Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 68. Torqeedo Main Business and Markets Served

Table 69. Torqeedo Recent Developments/Updates

Table 70. ePropulsion Technology Electric Propulsion Outboard Motors Company Information

Table 71. ePropulsion Technology Electric Propulsion Outboard Motors Specification and Application

Table 72. ePropulsion Technology Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 73. ePropulsion Technology Main Business and Markets Served

Table 74. ePropulsion Technology Recent Developments/Updates

Table 75. Mercury Electric Propulsion Outboard Motors Company Information

Table 76. Mercury Electric Propulsion Outboard Motors Specification and Application

Table 77. Mercury Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 78. Mercury Main Business and Markets Served

Table 79. Mercury Recent Developments/Updates

Table 80. ACEL Power Inc Electric Propulsion Outboard Motors Company Information

Table 81. ACEL Power Inc Electric Propulsion Outboard Motors Specification and Application

Table 82. ACEL Power Inc Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 83. ACEL Power Inc Main Business and Markets Served

Table 84. ACEL Power Inc Recent Developments/Updates

Table 85. AquaWatt Electric Propulsion Outboard Motors Company Information

Table 86. AquaWatt Electric Propulsion Outboard Motors Specification and Application

Table 87. AquaWatt Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 88. AquaWatt Main Business and Markets Served

Table 89. AquaWatt Recent Developments/Updates

Table 90. Elco Motor Yachts Electric Propulsion Outboard Motors Company Information

Table 91. Elco Motor Yachts Electric Propulsion Outboard Motors Specification and Application

Table 92. Elco Motor Yachts Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 93. Elco Motor Yachts Main Business and Markets Served

Table 94. Elco Motor Yachts Recent Developments/Updates

Table 95. Evoy AS Electric Propulsion Outboard Motors Company Information

Table 96. Evoy AS Electric Propulsion Outboard Motors Specification and Application

Table 97. Evoy AS Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 98. Evoy AS Main Business and Markets Served

Table 99. Evoy AS Recent Developments/Updates

Table 100. Aquamot Electric Propulsion Outboard Motors Company Information

Table 101. Aquamot Electric Propulsion Outboard Motors Specification and Application

Table 102. Aquamot Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 103. Aquamot Main Business and Markets Served

Table 104. Aquamot Recent Developments/Updates

Table 105. Parsun Power Electric Propulsion Outboard Motors Company Information

Table 106. Parsun Power Electric Propulsion Outboard Motors Specification and Application

Table 107. Parsun Power Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 108. Parsun Power Main Business and Markets Served

Table 109. Parsun Power Recent Developments/Updates

Table 110. Ray Electric Outboards Electric Propulsion Outboard Motors Company Information

Table 111. Ray Electric Outboards Electric Propulsion Outboard Motors Specification and Application

Table 112. Ray Electric Outboards Electric Propulsion Outboard Motors Production (Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)

Table 113. Ray Electric Outboards Main Business and Markets Served

Table 114. Ray Electric Outboards Recent Developments/Updates

Table 115. Key Raw Materials Lists

Table 116. Raw Materials Key Suppliers Lists

Table 117. Electric Propulsion Outboard Motors Distributors List

Table 118. Electric Propulsion Outboard Motors Customers List

Table 119. Electric Propulsion Outboard Motors Market Trends

Table 120. Electric Propulsion Outboard Motors Market Drivers

Table 121. Electric Propulsion Outboard Motors Market Challenges

Table 122. Electric Propulsion Outboard Motors Market Restraints

Table 123. Research Programs/Design for This Report

Table 124. Key Data Information from Secondary Sources

Table 125. Key Data Information from Primary Sources

Table 126. Authors List of This Report

List of Figures

Figure 1. Product Picture of Electric Propulsion Outboard Motors

Figure 2. Global Electric Propulsion Outboard Motors Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Electric Propulsion Outboard Motors Market Share by Type: 2024 VS 2031

Figure 4. Below 10 HP Product Picture

Figure 5. 10-35 HP Product Picture

Figure 6. 35.1-70 HP Product Picture

Figure 7. Above 70 HP Product Picture

Figure 8. Global Electric Propulsion Outboard Motors Market Value by Application, (US$ Million) & (2020-2031)

Figure 9. Global Electric Propulsion Outboard Motors Market Share by Application: 2024 VS 2031

Figure 10. Civil Entertainment

Figure 11. Municipal Application

Figure 12. Commercial Application

Figure 13. Other

Figure 14. Global Electric Propulsion Outboard Motors Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Electric Propulsion Outboard Motors Production Value (US$ Million) & (2020-2031)

Figure 16. Global Electric Propulsion Outboard Motors Production Capacity (Units) & (2020-2031)

Figure 17. Global Electric Propulsion Outboard Motors Production (Units) & (2020-2031)

Figure 18. Global Electric Propulsion Outboard Motors Average Price (USD/Unit) & (2020-2031)

Figure 19. Electric Propulsion Outboard Motors Report Years Considered

Figure 20. Electric Propulsion Outboard Motors Production Share by Manufacturers in 2024

Figure 21. Global Electric Propulsion Outboard Motors Production Value Share by Manufacturers (2024)

Figure 22. Electric Propulsion Outboard Motors Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 23. The Global 5 and 10 Largest Players: Market Share by Electric Propulsion Outboard Motors Revenue in 2024

Figure 24. Global Electric Propulsion Outboard Motors Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 25. Global Electric Propulsion Outboard Motors Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. Global Electric Propulsion Outboard Motors Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Figure 27. Global Electric Propulsion Outboard Motors Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 28. North America Electric Propulsion Outboard Motors Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Europe Electric Propulsion Outboard Motors Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. China Electric Propulsion Outboard Motors Production Value (US$ Million) Growth Rate (2020-2031)

Figure 31. Global Electric Propulsion Outboard Motors Consumption by Region: 2020 VS 2024 VS 2031 (Units)

Figure 32. Global Electric Propulsion Outboard Motors Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 33. North America Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 34. North America Electric Propulsion Outboard Motors Consumption Market Share by Country (2020-2031)

Figure 35. U.S. Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 36. Canada Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 37. Europe Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 38. Europe Electric Propulsion Outboard Motors Consumption Market Share by Country (2020-2031)

Figure 39. Germany Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 40. France Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 41. U.K. Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 42. Italy Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 43. Netherlands Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 44. Asia Pacific Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 45. Asia Pacific Electric Propulsion Outboard Motors Consumption Market Share by Region (2020-2031)

Figure 46. China Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 47. Japan Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 48. South Korea Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 49. China Taiwan Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 50. Southeast Asia Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 51. India Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 52. Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 53. Latin America, Middle East & Africa Electric Propulsion Outboard Motors Consumption Market Share by Country (2020-2031)

Figure 54. Mexico Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 55. Brazil Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 56. Turkey Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 57. GCC Countries Electric Propulsion Outboard Motors Consumption and Growth Rate (2020-2031) & (Units)

Figure 58. Global Production Market Share of Electric Propulsion Outboard Motors by Type (2020-2031)

Figure 59. Global Production Value Market Share of Electric Propulsion Outboard Motors by Type (2020-2031)

Figure 60. Global Electric Propulsion Outboard Motors Price (USD/Unit) by Type (2020-2031)

Figure 61. Global Production Market Share of Electric Propulsion Outboard Motors by Application (2020-2031)

Figure 62. Global Production Value Market Share of Electric Propulsion Outboard Motors by Application (2020-2031)

Figure 63. Global Electric Propulsion Outboard Motors Price (USD/Unit) by Application (2020-2031)

Figure 64. Electric Propulsion Outboard Motors Value Chain

Figure 65. Channels of Distribution (Direct Vs Distribution)

Figure 66. Bottom-up and Top-down Approaches for This Report

Figure 67. Data Triangulation

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