The Global Outboard Motor Market is projected to grow from USD 5.75 billion in 2024 to USD 5.98 billion by 2033, driven by increasing recreational boating, marine transportation demand, and technological advances. Rising tourism and water sports popularity, along with a surge in the need for fuel-efficient outboard motors, are set to boost market growth globally. The market favors outboard motors due to their compact design, ease of maintenance, and efficiency. Key market players include Honda, Yamaha, and Mercury Marine, with significant growth expected in regions like North America, Europe, and emerging markets such as India and Saudi Arabia.
The Global Outboard Motor Market is projected to grow from USD 5.75 billion in 2024 to USD 5.98 billion by 2033, driven by increasing recreational boating, marine transportation demand, and technological advances. Rising tourism and water sports popularity, along with a surge in the need for fuel-efficient outboard motors, are set to boost market growth globally. The market favors outboard motors due to their compact design, ease of maintenance, and efficiency. Key market players include Honda, Yamaha, and Mercury Marine, with significant growth expected in regions like North America, Europe, and emerging markets such as India and Saudi Arabia.
VANCOUVER, BC, June 25, 2025 /CNW/ -- The Taiwan Tourism Administration is proud to present the 2025 Solar Festival, a series of events celebrating Taiwan's...
LOUDON, Tenn., June 24, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU), a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, announced today that Melanie Cook, former Chief Operating Officer of GE Appliances, has been appointed to the Company’s Board of Directors as an independent director, effective immediately. Ms. Cook will serve on the Audit Committee and the Nominating and Governance Committee.
Malibu Boats names Chevrolet the Official Vehicle Brand, expanding their GM partnership to power innovation, performance & experiences on land and water.