The global market for Boat Electric Outboard Motor was estimated to be worth US$ 263 million in 2024 and is forecast to a readjusted size of US$ 393 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
Boat Electric Outboard Motor is an alternative propulsion system for boats that uses electricity to power a motor located at the rear (stern) of the boat. Unlike traditional gasoline-powered outboard motors, electric outboard motors generate less noise, produce zero emissions, and offer smoother operation. They are used in various watercraft, from small recreational boats to fishing vessels, contributing to more environmentally friendly boating.
The Boat Electric 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. Boat Electric 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.
Regional Market Insights
North America remains the largest consumer market for Boat Electric Outboard Motors, accounting for approximately 39% of the global market share. The United States and Canada, in particular, have seen significant growth in the adoption of electric boating solutions, driven by a combination of environmental regulations, technological innovation, and consumer demand for sustainable products. Additionally, the growing trend of "green" tourism, as well as government incentives for adopting eco-friendly technologies, has spurred interest in Boat Electric Outboard Motors in the region.
Other regions, such as Europe and Asia-Pacific, are also contributing to the growth of the market. In Europe, strong environmental policies and a preference for sustainable solutions in marine transport are fueling demand for Boat Electric Outboard Motors. The Asia-Pacific region is witnessing an increase in demand due to the growing boating culture and rising environmental concerns.
Conclusion
In conclusion, the Boat Electric 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 Boat Electric 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 Boat Electric 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.
This report aims to provide a comprehensive presentation of the global market for Boat Electric Outboard Motor, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Boat Electric Outboard Motor by region & country, by Type, and by Application.
The Boat Electric Outboard Motor market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Boat Electric Outboard Motor.
Market Segmentation
By Company
- Minn Kota
- Torqeedo
- Mercury (MotorGuide)
- ePropulsion Technology
- CSM Tech
- Pure Watercraft
- AquaWatt
- Haibo
- Krautler Elektromaschinen
- Aquamot
- Elco Motor Yachts
- Ray Electric Outboards
- ACEL Power Inc
- Evoy AS
- Parsun Power
Segment by Type
- Outboard Electric Propulsion Motor
- Outboard Electric Trolling Motor
Segment by Application
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Boat Electric Outboard Motor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Boat Electric Outboard Motor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Boat Electric Outboard Motor in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Boat Electric Outboard Motor Product Introduction
- 1.2 Global Boat Electric Outboard Motor Market Size Forecast
- 1.2.1 Global Boat Electric Outboard Motor Sales Value (2020-2031)
- 1.2.2 Global Boat Electric Outboard Motor Sales Volume (2020-2031)
- 1.2.3 Global Boat Electric Outboard Motor Sales Price (2020-2031)
- 1.3 Boat Electric Outboard Motor Market Trends & Drivers
- 1.3.1 Boat Electric Outboard Motor Industry Trends
- 1.3.2 Boat Electric Outboard Motor Market Drivers & Opportunity
- 1.3.3 Boat Electric Outboard Motor Market Challenges
- 1.3.4 Boat Electric Outboard Motor Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Boat Electric Outboard Motor Players Revenue Ranking (2024)
- 2.2 Global Boat Electric Outboard Motor Revenue by Company (2020-2025)
- 2.3 Global Boat Electric Outboard Motor Players Sales Volume Ranking (2024)
- 2.4 Global Boat Electric Outboard Motor Sales Volume by Company Players (2020-2025)
- 2.5 Global Boat Electric Outboard Motor Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Boat Electric Outboard Motor Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Boat Electric Outboard Motor Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Boat Electric Outboard Motor
- 2.9 Boat Electric Outboard Motor Market Competitive Analysis
- 2.9.1 Boat Electric Outboard Motor Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Boat Electric Outboard Motor Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Boat Electric Outboard Motor as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Outboard Electric Propulsion Motor
- 3.1.2 Outboard Electric Trolling Motor
- 3.2 Global Boat Electric Outboard Motor Sales Value by Type
- 3.2.1 Global Boat Electric Outboard Motor Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Boat Electric Outboard Motor Sales Value, by Type (2020-2031)
- 3.2.3 Global Boat Electric Outboard Motor Sales Value, by Type (%) (2020-2031)
- 3.3 Global Boat Electric Outboard Motor Sales Volume by Type
- 3.3.1 Global Boat Electric Outboard Motor Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Boat Electric Outboard Motor Sales Volume, by Type (2020-2031)
- 3.3.3 Global Boat Electric Outboard Motor Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Boat Electric Outboard Motor Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Small Ship
- 4.1.2 Large Ship
- 4.2 Global Boat Electric Outboard Motor Sales Value by Application
- 4.2.1 Global Boat Electric Outboard Motor Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Boat Electric Outboard Motor Sales Value, by Application (2020-2031)
- 4.2.3 Global Boat Electric Outboard Motor Sales Value, by Application (%) (2020-2031)
- 4.3 Global Boat Electric Outboard Motor Sales Volume by Application
- 4.3.1 Global Boat Electric Outboard Motor Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Boat Electric Outboard Motor Sales Volume, by Application (2020-2031)
- 4.3.3 Global Boat Electric Outboard Motor Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Boat Electric Outboard Motor Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Boat Electric Outboard Motor Sales Value by Region
- 5.1.1 Global Boat Electric Outboard Motor Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Boat Electric Outboard Motor Sales Value by Region (2020-2025)
- 5.1.3 Global Boat Electric Outboard Motor Sales Value by Region (2026-2031)
- 5.1.4 Global Boat Electric Outboard Motor Sales Value by Region (%), (2020-2031)
- 5.2 Global Boat Electric Outboard Motor Sales Volume by Region
- 5.2.1 Global Boat Electric Outboard Motor Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Boat Electric Outboard Motor Sales Volume by Region (2020-2025)
- 5.2.3 Global Boat Electric Outboard Motor Sales Volume by Region (2026-2031)
- 5.2.4 Global Boat Electric Outboard Motor Sales Volume by Region (%), (2020-2031)
- 5.3 Global Boat Electric Outboard Motor Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Boat Electric Outboard Motor Sales Value, 2020-2031
- 5.4.2 North America Boat Electric Outboard Motor Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Boat Electric Outboard Motor Sales Value, 2020-2031
- 5.5.2 Europe Boat Electric Outboard Motor Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Boat Electric Outboard Motor Sales Value, 2020-2031
- 5.6.2 Asia Pacific Boat Electric Outboard Motor Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Boat Electric Outboard Motor Sales Value, 2020-2031
- 5.7.2 South America Boat Electric Outboard Motor Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Boat Electric Outboard Motor Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Boat Electric Outboard Motor Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Boat Electric Outboard Motor Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Boat Electric Outboard Motor Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Boat Electric Outboard Motor Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.3.2 United States Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.4.2 Europe Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.5.2 China Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.6.2 Japan Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.7.2 South Korea Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.8.2 Southeast Asia Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Boat Electric Outboard Motor Sales Value, 2020-2031
- 6.9.2 India Boat Electric Outboard Motor Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Boat Electric Outboard Motor Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Minn Kota
- 7.1.1 Minn Kota Company Information
- 7.1.2 Minn Kota Introduction and Business Overview
- 7.1.3 Minn Kota Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Minn Kota Boat Electric Outboard Motor Product Offerings
- 7.1.5 Minn Kota Recent Development
- 7.2 Torqeedo
- 7.2.1 Torqeedo Company Information
- 7.2.2 Torqeedo Introduction and Business Overview
- 7.2.3 Torqeedo Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Torqeedo Boat Electric Outboard Motor Product Offerings
- 7.2.5 Torqeedo Recent Development
- 7.3 Mercury (MotorGuide)
- 7.3.1 Mercury (MotorGuide) Company Information
- 7.3.2 Mercury (MotorGuide) Introduction and Business Overview
- 7.3.3 Mercury (MotorGuide) Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Mercury (MotorGuide) Boat Electric Outboard Motor Product Offerings
- 7.3.5 Mercury (MotorGuide) Recent Development
- 7.4 ePropulsion Technology
- 7.4.1 ePropulsion Technology Company Information
- 7.4.2 ePropulsion Technology Introduction and Business Overview
- 7.4.3 ePropulsion Technology Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 ePropulsion Technology Boat Electric Outboard Motor Product Offerings
- 7.4.5 ePropulsion Technology Recent Development
- 7.5 CSM Tech
- 7.5.1 CSM Tech Company Information
- 7.5.2 CSM Tech Introduction and Business Overview
- 7.5.3 CSM Tech Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 CSM Tech Boat Electric Outboard Motor Product Offerings
- 7.5.5 CSM Tech Recent Development
- 7.6 Pure Watercraft
- 7.6.1 Pure Watercraft Company Information
- 7.6.2 Pure Watercraft Introduction and Business Overview
- 7.6.3 Pure Watercraft Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Pure Watercraft Boat Electric Outboard Motor Product Offerings
- 7.6.5 Pure Watercraft Recent Development
- 7.7 AquaWatt
- 7.7.1 AquaWatt Company Information
- 7.7.2 AquaWatt Introduction and Business Overview
- 7.7.3 AquaWatt Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 AquaWatt Boat Electric Outboard Motor Product Offerings
- 7.7.5 AquaWatt Recent Development
- 7.8 Haibo
- 7.8.1 Haibo Company Information
- 7.8.2 Haibo Introduction and Business Overview
- 7.8.3 Haibo Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Haibo Boat Electric Outboard Motor Product Offerings
- 7.8.5 Haibo Recent Development
- 7.9 Krautler Elektromaschinen
- 7.9.1 Krautler Elektromaschinen Company Information
- 7.9.2 Krautler Elektromaschinen Introduction and Business Overview
- 7.9.3 Krautler Elektromaschinen Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Krautler Elektromaschinen Boat Electric Outboard Motor Product Offerings
- 7.9.5 Krautler Elektromaschinen Recent Development
- 7.10 Aquamot
- 7.10.1 Aquamot Company Information
- 7.10.2 Aquamot Introduction and Business Overview
- 7.10.3 Aquamot Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Aquamot Boat Electric Outboard Motor Product Offerings
- 7.10.5 Aquamot Recent Development
- 7.11 Elco Motor Yachts
- 7.11.1 Elco Motor Yachts Company Information
- 7.11.2 Elco Motor Yachts Introduction and Business Overview
- 7.11.3 Elco Motor Yachts Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Elco Motor Yachts Boat Electric Outboard Motor Product Offerings
- 7.11.5 Elco Motor Yachts Recent Development
- 7.12 Ray Electric Outboards
- 7.12.1 Ray Electric Outboards Company Information
- 7.12.2 Ray Electric Outboards Introduction and Business Overview
- 7.12.3 Ray Electric Outboards Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Ray Electric Outboards Boat Electric Outboard Motor Product Offerings
- 7.12.5 Ray Electric Outboards Recent Development
- 7.13 ACEL Power Inc
- 7.13.1 ACEL Power Inc Company Information
- 7.13.2 ACEL Power Inc Introduction and Business Overview
- 7.13.3 ACEL Power Inc Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 ACEL Power Inc Boat Electric Outboard Motor Product Offerings
- 7.13.5 ACEL Power Inc Recent Development
- 7.14 Evoy AS
- 7.14.1 Evoy AS Company Information
- 7.14.2 Evoy AS Introduction and Business Overview
- 7.14.3 Evoy AS Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Evoy AS Boat Electric Outboard Motor Product Offerings
- 7.14.5 Evoy AS Recent Development
- 7.15 Parsun Power
- 7.15.1 Parsun Power Company Information
- 7.15.2 Parsun Power Introduction and Business Overview
- 7.15.3 Parsun Power Boat Electric Outboard Motor Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Parsun Power Boat Electric Outboard Motor Product Offerings
- 7.15.5 Parsun Power Recent Development
8 Industry Chain Analysis
- 8.1 Boat Electric Outboard Motor Industrial Chain
- 8.2 Boat Electric Outboard Motor Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Boat Electric Outboard Motor Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Boat Electric Outboard Motor Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer