The analysts forecast the global marine inboard engines market to grow at a CAGR of 2.31% during the period 2017-2021.
Global Marine Inboard Engines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is penetration of hybrid turbochargers. The marine industry has put substantial investment in R&D to cut down harmful emissions from boats, along with improving fuel economy and reducing operating cost.
The marine industry has seen many developments in the past mainly for developing waste energy recovery systems such as economizers, which perform the same function as exhaust gas recirculation (EGR) in automotive engines, and turbochargers.
One driver in market is strong revival of the US and European markets. The boating industry was adversely impacted by the 2008 recession. The recession remained for over 20 months and negatively affected consumer spending on recreational activities.
The financial downturn of 2008-2009 had a major impact on the sales of inboard engine sales in the US. Another factor contributing to the inboard motor sales is the creation of innovative, more versatile, and accessible boats that appeal to a variety of interests and budgets.
- Mercury Marine
Other prominent vendors
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Market segmentation by geography
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/vz22nq/global_marine