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Europe Electric Outboard Engines Market Size By Applications, By Power, By Control, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 - 2027


Europe electric outboard engines market is poised for robust period of growth due to rising prevalence of recreational boating activities and increasing production as well as sales of yachts. Europe was recently listed as the world's second most prominent tourist destination by Travel & Tourism Competitive Index. This determinant is majorly responsible for driving the demand for recreational  activities across the continent. 
Meanwhile, increasing disposable income and mounting number of high-net worth individuals throughout Europe are further bringing out more investments in the region's outdoor recreational activities. 
Shifting consumer preference towards renewable-energy-powered equipment will influence product demand greatly. Growing awareness about the negative impacts of burning fossil fuels in an uncontrolled setting is leading to the rapid adoption of electric engines. This trend is significantly driving the use of electric outboard engines for cruisers, tender boats, fishing boats, pontoons, and recreational boats. 
Based on power, the below 25kW electric engine segment made up a substantial share to the total market. This is majorly attributed to surging usage of the product in recreational as well as fishing boats for short distance travels. In recent years, number of people partaking in water sport events has been growing at a notable pace, favoring the market demand. Numerous key industry players are increasingly investing in efforts to address the rising demand for high-power electric motors for people with high income-net-worth.
With respect to control, the tiller control system segment accounted for more than 60% of the overall market share in 2020. The segment is forecast to witness business growth at a rapid pace over the projected period owing to the cost-efficiency, operational flexibility, as well as simpler design of the tiller control systems. 
These systems are majorly used in small flatboats, Jon boats, and skiffs. It is also one of the most preferred choice for Pango boats that are known to be below 25 ft in length. Watercraft boats are also a key application segment of tiller control systems, where it is generally installed with the rudder post to provide leverage to the helmsman in order to pilot the rudder more conveniently.
In terms of applications, in 2020, the recreational boating segment accounted for more than 70% of the overall market share. The surging number of competitive racing, boating events, and trade shows across various countries have considerably driven the demand for electric outboard engines. Subsequently, improving coastal as well as marine tourism is attracting a greater number of visitors, making Europe one of the top tourist destinations. In addition to this, favorable government norms that support the development of the coastal infrastructure and increasing customer spending on various tourist attractions will boost the demand for electric outboard engines.
Combi Outboards, Kr??utler Elektromaschinen GmbH, Aquawatt, Electro-Mobile Scandinavia Ab, Torqeedo GmbH, E'dyn, Parsun Power, HURACAN S.R.L., EPROPULSION, Aquamot GmbH, Electro-Mobile Scandinavia Ab, Evoy, Bellmarine - Transfluid North Europe B.V., and E-Tech among many others are some of the key players operating in the Europe electric outboard engine market.
Apart from strategic initiatives like M&A, joint ventures, and product expansion, prominent market participants are heavily investing in research and development projects. For instance, in November 2020, Torqeedo GmbH, reportedly launched novel products, like Saildrives, Travel 603 motor, and TorqLink interface, to grow their revenue stream and strengthen their market share.
Table of Content:

Chapter 1   Methodology & Scope

1.1    Research Methodology

1.2    Market estimation & forecast parameters

1.3    List of Data sources

1.3.1    Primary

1.3.2    Secondary

Chapter 2   Executive Summary

2.1    Europe Electric Outboard Engines market snapshot

Chapter 3   Europe Electric Outboard Engines Industry Insights

3.1    Industry coverage

3.2    Industry size and forecast, 2017 - 2027

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.4    Future trends

3.4.1    Innovation Landscape

3.5    Raw material analysis

3.6    Regulatory norms & directives

3.7    Drivers & restraints

3.7.1    Drivers

3.7.2    Restraints

3.8    Application growth mapping

3.9    Industry analysis: Porter's

3.10    Competitive benchmarking

3.10.1    Strategy dashboard

3.11    PEST analysis

Chapter 4   Europe Electric Outboard Engines Market, By Power

4.1    Europe Electric Outboard Engines Market by Power, 2021 & 2027

4.2    Below 25kW

4.2.1    Market size, 2017 - 2027

4.2.2    Market size by country, 2017 - 2027

4.3    25 - 50 kW

4.3.1    Market size, 2017 - 2027

4.3.2    Market size by country, 2017 - 2027

4.4    50 - 150 kW

4.4.1    Market size, 2017 - 2027

4.4.2    Market size by country, 2017 - 2027

Chapter 5   Europe Electric Outboard Engines Market, By Control

5.1    Europe Electric Outboard Engines Market by Control, 2021 & 2027

5.2    Tiller

5.2.1    Market size, 2017 - 2027

5.2.2    Market size by country, 2017 - 2027

5.3    Remote

5.3.1    Market size, 2017 - 2027

5.3.2    Market size by country, 2017 - 2027

Chapter 6   Europe Electric Outboard Engines Market, By Application

6.1    Europe Electric Outboard Engines Market by Application, 2021 & 2027

6.2    Commercial

6.2.1    Market size, 2017 - 2027

6.2.2    Market size by country, 2017 - 2027

6.3    Recreational

6.3.1    Market size, 2017 - 2027

6.3.2    Market size by country, 2017 - 2027

6.4    Military

6.4.1    Market size, 2017 - 2027

Chapter 7   Europe Electric Outboard Engines Market, By Country

7.1    Europe Electric Outboard Engines Market by country, 2021 & 2027

7.2    Germany

7.2.1    Market size, 2017 - 2027

7.2.2    Market size by power, 2017 - 2027

7.2.3    Market size by control, 2017 - 2027

7.2.4    Market size by application, 2017 - 2027

7.3    UK

7.3.1    Market size, 2017 - 2027

7.3.2    Market size by power, 2017 - 2027

7.3.3    Market size by control, 2017 - 2027

7.3.4    Market size by application, 2017 - 2027

7.4    France

7.4.1    Market size, 2017 - 2027

7.4.2    Market size by power, 2017 - 2027

7.4.3    Market size by control, 2017 - 2027

7.4.4    Market size by application, 2017 - 2027

7.5    Italy

7.5.1    Market size, 2017 - 2027

7.5.2    Market size by power, 2017 - 2027

7.5.3    Market size by control, 2017 - 2027

7.5.4    Market size by application, 2017 - 2027

7.6    Netherlands

7.6.1    Market size, 2017 - 2027

7.6.2    Market size by power, 2017 - 2027

7.6.3    Market size by control, 2017 - 2027

7.6.4    Market size by application, 2017 - 2027

7.7    Norway

7.7.1    Market size, 2017 - 2027

7.7.2    Market size by power, 2017 - 2027

7.7.3    Market size by control, 2017 - 2027

7.7.4    Market size by application, 2017 - 2027

7.8    Russia

7.8.1    Market size, 2017 - 2027

7.8.2    Market size by power, 2017 - 2027

7.8.3    Market size by control, 2017 - 2027

7.8.4    Market size by application, 2017 - 2027

7.9    Rest of Europe

7.9.1    Market size, 2017 - 2027

7.9.2    Market size by power, 2017 - 2027

7.9.3    Market size by control, 2017 - 2027

7.9.4    Market size by application, 2017 - 2027

Chapter 8   Company Profiles

8.1    Torqeedo GmbH

8.1.1    Company overview

8.1.2    Financial information

8.1.3    Vehicle offerings

8.1.4    Key initiatives

8.1.5    SWOT

8.2    EPROPULSION

8.2.1    Company overview

8.2.2    Financial information

8.2.3    Vehicle offerings

8.2.4    Key initiatives

8.2.5    SWOT

8.3    Combi Outboards

8.3.1    Company overview

8.3.2    Financial information

8.3.3    Vehicle offerings

8.3.4    Key initiatives

8.3.5    SWOT

8.4    Evoy

8.4.1    Company overview

8.4.2    Financial information

8.4.3    Vehicle offerings

8.4.4    Key initiatives

8.4.5    SWOT

8.5    Aquawatt

8.5.1    Company overview

8.5.2    Financial information

8.5.3    Vehicle offerings

8.5.4    Key initiatives

8.5.5    SWOT

8.6    E-TECH

8.6.1    Company overview

8.6.2    Financial information

8.6.3    Vehicle offerings

8.6.4    Key initiatives

8.6.5    SWOT

8.7    Parsun Power

8.7.1    Company overview

8.7.2    Financial information

8.7.3    Vehicle offerings

8.7.4    Key initiatives

8.7.5    SWOT

8.8    Aquamot GmbH

8.8.1    Company overview

8.8.2    Financial information

8.8.3    Vehicle offerings

8.8.4    Key initiatives

8.8.5    SWOT

8.9    Bellmarine - Transfluid North Europe B.V.

8.9.1    Company overview

8.9.2    Financial information

8.9.3    Vehicle offerings

8.9.4    Key initiatives

8.9.5    SWOT

8.10    E'dyn

8.10.1    Company overview

8.10.2    Financial information

8.10.3    Vehicle offerings

8.10.4    Key initiatives

8.10.5    SWOT

8.11    Electro-Mobile Scandinavia Ab

8.11.1    Company overview

8.11.2    Financial information

8.11.3    Vehicle offerings

8.11.4    Key initiatives

8.11.5    SWOT

8.12    HURACAN S.R.L.

8.12.1    Company overview

8.12.2    Financial information

8.12.3    Vehicle offerings

8.12.4    Key initiatives

8.12.5    SWOT

8.13    Krautler Elektromaschinen GmbH

8.13.1    Company overview

8.13.2    Financial information

8.13.3    Vehicle offerings

8.13.4    Key initiatives

8.13.5    SWOT


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