Global Electric Outboard Generator Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Electric Outboard Generator market size was valued at US$ 271 million in 2024 and is forecast to a readjusted size of USD 401 million by 2031 with a CAGR of 5.6% during review period.

Electric Outboard Generator is a kind of propulsion system for boats which uses electric as power. Outboard electric motor, commonly referred to as “trolling motor” or “electric Outboard motor”, is generally used on very small craft or on small lakes where gasoline motor is prohibited or used as a secondary means of propulsion on larger craft, and can also be used as repositioning thrusters while fishing.

The Electric Outboard Generator market is experiencing significant growth, driven by advancements in battery technology, increasing demand for environmentally friendly marine propulsion solutions, and evolving consumer preferences. Electric Outboard Generators 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.

Product Types

The Electric Outboard Generator market can be segmented into different product categories based on their power output.

Among these categories, Above 100hp is the fastest-growing product type. This growth is primarily due to the increasing need for high-power electric motors that can handle larger boats and commercial applications, where more power is required for long-distance cruising or heavy-duty use. As battery technology continues to improve, more powerful electric motors are being developed to meet the needs of larger vessels. These motors offer higher torque and extended range, which make them suitable for recreational boats, commercial boats, and even larger municipal and official boats.

In contrast, motors in the 10hp and Below and 10.1-35hp segments continue to dominate in the recreational boating sector, where the demand for smaller, more energy-efficient motors is high. These motors are ideal for small to medium-sized boats, which are commonly used for leisure activities like fishing, family outings, and short-distance travel.

Applications

The Electric Outboard Generator market has a wide range of applications across various boat types, including: Recreation Boats, Commercial Boats, Municipal and Official Boats.

Recreation Boats: Electric Outboard Generators are widely used in recreational boating, where quiet operation, eco-friendliness, and ease of use are highly valued. These boats account for a substantial portion of the market, with Recreation Boats holding around 65% of the global market share. The demand for Electric Outboard Generators in this segment is fueled by the growing popularity of outdoor recreational activities and the increasing environmental awareness of consumers. The ability to operate without noise and exhaust emissions makes electric motors an attractive option for individuals who enjoy fishing, cruising, or other water activities.

Regional Market Insights

North America remains the largest consumer market for Electric Outboard Generators, 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 Electric Outboard Generators 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 Electric Outboard Generators. The Asia-Pacific region is witnessing an increase in demand due to the growing boating culture and rising environmental concerns.

Conclusion

In conclusion, the Electric Outboard Generator 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 Electric Outboard Generators 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 Electric Outboard Generators, 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 is a detailed and comprehensive analysis for global Electric Outboard Generator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Electric Outboard Generator market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Electric Outboard Generator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Electric Outboard Generator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Electric Outboard Generator market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electric Outboard Generator

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electric Outboard Generator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Minn Kota, Torqeedo, Mercury (MotorGuide), ePropulsion Technology, CSM Tech, Pure Watercraft, AquaWatt, Haibo, Krautler Elektromaschinen, Aquamot, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electric Outboard Generator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Outboard Trolling Generator
Outboard Propulsion Generator

Market segment by Application
Personal
Municipal
Leisure and Entertainment
Other

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electric Outboard Generator product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Outboard Generator, with price, sales quantity, revenue, and global market share of Electric Outboard Generator from 2020 to 2025.

Chapter 3, the Electric Outboard Generator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Outboard Generator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electric Outboard Generator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Outboard Generator.

Chapter 14 and 15, to describe Electric Outboard Generator sales channel, distributors, customers, research findings and conclusion.