The Inboard Engines Global Market Report 2023, provides comprehensive information on the inboard engines market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Inboard Engines Global Market Report 2023, the global inboard engines market is expected to grow from $1.21 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The inboard engines market is expected to reach $1.75 billion in 2027 at a CAGR of 7.4%.
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Product innovation is a key trend gaining popularity in the inboard engine market. Major companies operating in the inboard engine Market are developing innovative products to sustain their position in the market. For instance, in June 2021, Volvo Penta, a Sweden-based engine manufacturing company, launched the D13 Inboard engine with an in-line 6-cylinder and a high-pressure unit injector system. The engine’s stiff cast-iron cylinder block and cylinder head, which offer outstanding reliability and long-term endurance, are part of its robust design and construction.
The inboard engines market is segmented:
1) By Power Source: Diesel, Electric, Gasoline, Other Power Sources
2) By Power: Low, Medium, High
3) By Ignition: Electric, Manual
4) By Engine: IC Engine, Electric Engine
5) By Application: Commercial, Boating, Others Applications
Asia-Pacific was the largest region in the inboard engines market in 2022.
The table of contents in TBRC’s inboard engines market report includes:
- Executive Summary
- Inboard Engines Market Characteristics
- Inboard Engines Market Trends And Strategies
- Inboard Engines Market – Macro Economic Scenario
- Global Inboard Engines Market Size and Growth
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- Global Inboard Engines Market Competitive Benchmarking
- Global Inboard Engines Market Competitive Dashboard
- Key Mergers And Acquisitions In The Inboard Engines Market
- Inboard Engines Market Future Outlook and Potential Analysis
- Appendix
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