Marine Outboard Engines Market Size, Share, Trends, Forecast, & Competitive Analysis: 2020-2025

The marine outboard engines market is estimated at US$ 5.11 Billion in 2019 and is expected to grow at a CAGR of 5.8% during the forecast period to reach US$ 5.58 Billion in 2025. Marine outboard engines, commonly referred to as outboard motors or simply outboards, are propulsion systems designed specifically for boats. They are self-contained units consisting of an engine, gearbox, and propeller, mounted on the stern (back) of the boat. Outboard engines are typically used on smaller watercraft, such as fishing boats, pleasure boats, and small recreational vessels.