The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Electric Outboard Motors Market Research Report 2025
Synopsis
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.
The global Electric Outboard Motors market was valued at US$ 132.5 million in 2023 and is anticipated to reach US$ 221.1 million by 2030, witnessing a CAGR of 7.5% during the forecast period 2024-2030.
Global electric outboard motors key players include Minn Kota, Torqeedo, MotorGuide, CSM Tech, AquaWatt, etc. Global top 2 manufacturers hold a share about 45%. Europe is the largest market, with a share about 40%, followed by United States, have a share over 26 percent.
This report aims to provide a comprehensive presentation of the global market for Electric 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 Outboard Motors.
Report Scope
The Electric Outboard Motors market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric 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 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
By Company
Minn Kota
Torqeedo
MotorGuide
CSM Tech
AquaWatt
Haibo
Epropulsion Technology
Suzhou Parsun Power Machine
Elco Motor Yachts
Krautler Elektromaschinen
Aquamot
Ray Electric Outboards
Segment by Type
by Type
Outboard Electric Propulsion Motor
Outboard Electric Trolling Motor
by Power
Below 25kW
25kW-50kW
50-150kW
Segment by Application
Civil Entertainment
Municipal Application
Commercial Application
Other
Production by Region
North America
Europe
China
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 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 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 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.
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.
The global Electric Outboard Motors market was valued at US$ 132.5 million in 2023 and is anticipated to reach US$ 221.1 million by 2030, witnessing a CAGR of 7.5% during the forecast period 2024-2030.
Global electric outboard motors key players include Minn Kota, Torqeedo, MotorGuide, CSM Tech, AquaWatt, etc. Global top 2 manufacturers hold a share about 45%. Europe is the largest market, with a share about 40%, followed by United States, have a share over 26 percent.
This report aims to provide a comprehensive presentation of the global market for Electric 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 Outboard Motors.
Report Scope
The Electric Outboard Motors market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric 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 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
By Company
Minn Kota
Torqeedo
MotorGuide
CSM Tech
AquaWatt
Haibo
Epropulsion Technology
Suzhou Parsun Power Machine
Elco Motor Yachts
Krautler Elektromaschinen
Aquamot
Ray Electric Outboards
Segment by Type
by Type
Outboard Electric Propulsion Motor
Outboard Electric Trolling Motor
by Power
Below 25kW
25kW-50kW
50-150kW
Segment by Application
Civil Entertainment
Municipal Application
Commercial Application
Other
Production by Region
North America
Europe
China
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 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 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 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.
Index1 Electric Outboard Motors Market Overview
1.1 Product Definition
1.2 Electric Outboard Motors Segment by Type
1.2.1 Global Electric Outboard Motors Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Outboard Electric Propulsion Motor
1.2.3 Outboard Electric Trolling Motor
1.3 Electric Outboard Motors Segment by Application
1.3.1 Global Electric Outboard Motors Market Value Growth Rate Analysis by Application: 2023 VS 2030
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 Outboard Motors Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Outboard Motors Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Outboard Motors Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Outboard Motors Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Outboard Motors Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Outboard Motors Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Outboard Motors, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Outboard Motors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Outboard Motors Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Outboard Motors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Outboard Motors, Product Offered and Application
2.8 Global Key Manufacturers of Electric Outboard Motors, Date of Enter into This Industry
2.9 Electric Outboard Motors Market Competitive Situation and Trends
2.9.1 Electric Outboard Motors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Outboard Motors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Outboard Motors Production by Region
3.1 Global Electric Outboard Motors Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Outboard Motors Production Value by Region (2019-2030)
3.2.1 Global Electric Outboard Motors Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Outboard Motors by Region (2025-2030)
3.3 Global Electric Outboard Motors Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Outboard Motors Production by Region (2019-2030)
3.4.1 Global Electric Outboard Motors Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Outboard Motors by Region (2025-2030)
3.5 Global Electric Outboard Motors Market Price Analysis by Region (2019-2024)
3.6 Global Electric Outboard Motors Production and Value, Year-over-Year Growth
3.6.1 North America Electric Outboard Motors Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Outboard Motors Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Outboard Motors Production Value Estimates and Forecasts (2019-2030)
3.6.4 South Korea Electric Outboard Motors Production Value Estimates and Forecasts (2019-2030)
4 Electric Outboard Motors Consumption by Region
4.1 Global Electric Outboard Motors Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Outboard Motors Consumption by Region (2019-2030)
4.2.1 Global Electric Outboard Motors Consumption by Region (2019-2024)
4.2.2 Global Electric Outboard Motors Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Outboard Motors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Outboard Motors Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Outboard Motors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Outboard Motors Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Outboard Motors Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Outboard Motors Consumption by Region (2019-2030)
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 Outboard Motors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Outboard Motors Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Outboard Motors Production by Type (2019-2030)
5.1.1 Global Electric Outboard Motors Production by Type (2019-2024)
5.1.2 Global Electric Outboard Motors Production by Type (2025-2030)
5.1.3 Global Electric Outboard Motors Production Market Share by Type (2019-2030)
5.2 Global Electric Outboard Motors Production Value by Type (2019-2030)
5.2.1 Global Electric Outboard Motors Production Value by Type (2019-2024)
5.2.2 Global Electric Outboard Motors Production Value by Type (2025-2030)
5.2.3 Global Electric Outboard Motors Production Value Market Share by Type (2019-2030)
5.3 Global Electric Outboard Motors Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Outboard Motors Production by Application (2019-2030)
6.1.1 Global Electric Outboard Motors Production by Application (2019-2024)
6.1.2 Global Electric Outboard Motors Production by Application (2025-2030)
6.1.3 Global Electric Outboard Motors Production Market Share by Application (2019-2030)
6.2 Global Electric Outboard Motors Production Value by Application (2019-2030)
6.2.1 Global Electric Outboard Motors Production Value by Application (2019-2024)
6.2.2 Global Electric Outboard Motors Production Value by Application (2025-2030)
6.2.3 Global Electric Outboard Motors Production Value Market Share by Application (2019-2030)
6.3 Global Electric Outboard Motors Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Minn Kota
7.1.1 Minn Kota Electric Outboard Motors Corporation Information
7.1.2 Minn Kota Electric Outboard Motors Product Portfolio
7.1.3 Minn Kota Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Minn Kota Main Business and Markets Served
7.1.5 Minn Kota Recent Developments/Updates
7.2 Torqeedo
7.2.1 Torqeedo Electric Outboard Motors Corporation Information
7.2.2 Torqeedo Electric Outboard Motors Product Portfolio
7.2.3 Torqeedo Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Torqeedo Main Business and Markets Served
7.2.5 Torqeedo Recent Developments/Updates
7.3 MotorGuide
7.3.1 MotorGuide Electric Outboard Motors Corporation Information
7.3.2 MotorGuide Electric Outboard Motors Product Portfolio
7.3.3 MotorGuide Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.3.4 MotorGuide Main Business and Markets Served
7.3.5 MotorGuide Recent Developments/Updates
7.4 CSM Tech
7.4.1 CSM Tech Electric Outboard Motors Corporation Information
7.4.2 CSM Tech Electric Outboard Motors Product Portfolio
7.4.3 CSM Tech Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.4.4 CSM Tech Main Business and Markets Served
7.4.5 CSM Tech Recent Developments/Updates
7.5 AquaWatt
7.5.1 AquaWatt Electric Outboard Motors Corporation Information
7.5.2 AquaWatt Electric Outboard Motors Product Portfolio
7.5.3 AquaWatt Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.5.4 AquaWatt Main Business and Markets Served
7.5.5 AquaWatt Recent Developments/Updates
7.6 Haibo
7.6.1 Haibo Electric Outboard Motors Corporation Information
7.6.2 Haibo Electric Outboard Motors Product Portfolio
7.6.3 Haibo Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Haibo Main Business and Markets Served
7.6.5 Haibo Recent Developments/Updates
7.7 Epropulsion Technology
7.7.1 Epropulsion Technology Electric Outboard Motors Corporation Information
7.7.2 Epropulsion Technology Electric Outboard Motors Product Portfolio
7.7.3 Epropulsion Technology Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Epropulsion Technology Main Business and Markets Served
7.7.5 Epropulsion Technology Recent Developments/Updates
7.8 Suzhou Parsun Power Machine
7.8.1 Suzhou Parsun Power Machine Electric Outboard Motors Corporation Information
7.8.2 Suzhou Parsun Power Machine Electric Outboard Motors Product Portfolio
7.8.3 Suzhou Parsun Power Machine Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Suzhou Parsun Power Machine Main Business and Markets Served
7.7.5 Suzhou Parsun Power Machine Recent Developments/Updates
7.9 Elco Motor Yachts
7.9.1 Elco Motor Yachts Electric Outboard Motors Corporation Information
7.9.2 Elco Motor Yachts Electric Outboard Motors Product Portfolio
7.9.3 Elco Motor Yachts Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Elco Motor Yachts Main Business and Markets Served
7.9.5 Elco Motor Yachts Recent Developments/Updates
7.10 Krautler Elektromaschinen
7.10.1 Krautler Elektromaschinen Electric Outboard Motors Corporation Information
7.10.2 Krautler Elektromaschinen Electric Outboard Motors Product Portfolio
7.10.3 Krautler Elektromaschinen Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Krautler Elektromaschinen Main Business and Markets Served
7.10.5 Krautler Elektromaschinen Recent Developments/Updates
7.11 Aquamot
7.11.1 Aquamot Electric Outboard Motors Corporation Information
7.11.2 Aquamot Electric Outboard Motors Product Portfolio
7.11.3 Aquamot Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Aquamot Main Business and Markets Served
7.11.5 Aquamot Recent Developments/Updates
7.12 Ray Electric Outboards
7.12.1 Ray Electric Outboards Electric Outboard Motors Corporation Information
7.12.2 Ray Electric Outboards Electric Outboard Motors Product Portfolio
7.12.3 Ray Electric Outboards Electric Outboard Motors Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Ray Electric Outboards Main Business and Markets Served
7.12.5 Ray Electric Outboards Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Outboard Motors Industry Chain Analysis
8.2 Electric Outboard Motors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Outboard Motors Production Mode & Process
8.4 Electric Outboard Motors Sales and Marketing
8.4.1 Electric Outboard Motors Sales Channels
8.4.2 Electric Outboard Motors Distributors
8.5 Electric Outboard Motors Customers
9 Electric Outboard Motors Market Dynamics
9.1 Electric Outboard Motors Industry Trends
9.2 Electric Outboard Motors Market Drivers
9.3 Electric Outboard Motors Market Challenges
9.4 Electric Outboard Motors Market Restraints
10 Research Finding 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
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
