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Global Gas Powered Outboard Motor Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

Publisher GlobalInfoResearch
Published Jan 08, 2026
Length 93 Pages
SKU # GFSH20702207

Description

According to our (Global Info Research) latest study, the global Gas Powered Outboard Motor market size was valued at US$ 4693 million in 2025 and is forecast to a readjusted size of US$ 5868 million by 2032 with a CAGR of 3.3% during review period.

An outboard motor is a propulsion system for boats, consisting of a self-contained unit that includes engine, gearbox and propeller or jet drive, designed to be affixed to the outside of the transom. They are the most common motorised method of propelling small watercraft. As well as providing propulsion, outboards provide steering control, as they are designed to pivot over their mountings and thus control the direction of thrust. The skeg also acts as a rudder when the engine is not running. Unlike inboard motors, outboard motors can be easily removed for storage or repairs.

A Gas Powered Outboard Motor is a marine propulsion system that uses gaseous or liquid fuels—primarily gasoline, propane (LPG), or natural gas (CNG)—to drive an internal combustion engine mounted externally on the stern of a boat.

In 2024, global Gas Powered Outboard Motors production reached approximately 752.2 million units, with an average global market price of around US$ 5901 per unit.

The upstream raw materials primarily include aluminum alloys used in the engine block, mounting brackets, and propeller housing; stainless steel for shafts, connecting rods, and fasteners; copper and electronic components for ignition and fuel control systems; and engineering plastics such as ABS and nylon for covers, handles, and fuel system housings. For propane and CNG models, specialized high-pressure fuel tanks, regulators, and valves made from steel composites and reinforced polymers are essential. Major raw material and component suppliers include Alcoa and Norsk Hydro for aluminum, Nippon Steel and Outokumpu for stainless steel, Sumitomo Electric, Bosch, and Denso for ignition and electronic modules, Luxfer Gas Cylinders and Worthington Industries for high-pressure storage cylinders, and ExxonMobil, Chevron, and Shell for lubricants and additives. These suppliers form the global supply base that supports the manufacturing of both gasoline and propane outboard systems.

Downstream applications of Gas Powered Outboard Motors include recreational boats, fishing and commercial boats, and municipal or official vessels. Recreational boats constitute the largest market segment, driven by the growing popularity of boating, yachting, and water sports in coastal regions across North America, Europe, and Asia-Pacific. Commercial applications include small ferries, fishing fleets, and aquaculture workboats that rely on medium-power engines for reliability and efficiency. Propane-fueled outboards are increasingly used in eco-sensitive zones and by marinas aiming to reduce carbon emissions. The municipal and government sectors use such engines for patrol, coast guard, rescue, and inspection boats, where safety, endurance, and environmental compliance are critical. Major manufacturers and brand owners include Yamaha Motor, Mercury Marine (Brunswick Corporation), Suzuki Marine, Honda Marine, Tohatsu, Parsun Power, Lehr Marine, and OXE Marine, while key institutional users include the U.S. Coast Guard, Japan Coast Guard, European marine enforcement agencies, and large marina operators worldwide.

The gross profit margin of Gas Powered Outboard Motors typically ranges from 25% to 40%, depending on fuel type, horsepower range, and production scale.

The Gas Powered Outboard Motor market is experiencing steady growth, with North America being the largest consumer market. This is largely driven by the high demand for recreational boats, particularly in the U.S. and Canada, where boating is a popular activity. Gas-powered outboard motors are widely used in recreational, commercial, and governmental applications, offering flexibility, ease of maintenance, and durability.

North America is home to a large number of boating enthusiasts, contributing significantly to the demand for outboard motors. The market is dominated by gas-powered engines, which remain a popular choice due to their power, cost-effectiveness, and established performance history. However, the industry is also seeing increasing interest in electric outboard motors, particularly among environmentally-conscious consumers.

Market Driving Factors

Strong Demand for Recreational Boating: The most significant driver of the gas-powered outboard motor market is the growth in recreational boating. The U.S. and Canada have a long history of boating culture, with millions of people using boats for fishing, leisure, and sports. With the increasing disposable income and growing interest in outdoor and water-based activities, more people are purchasing boats and, consequently, outboard motors.

Popularity of Gas-Powered Engines: Gas-powered outboard motors remain the dominant technology in the market due to their high power output and ease of use. Gas engines offer the power needed for larger boats, making them suitable for both recreational and commercial purposes. They are favored by boat owners for their reliability, especially for long-range trips and high-performance requirements. Unlike electric motors, which have limited battery life, gas-powered engines allow users to travel for extended periods without worrying about recharging.

North America’s Boating Culture: North America, particularly the U.S., is home to a large boating community. Boating is not only a popular recreational activity but is also a part of the culture in many regions, especially in coastal and lake areas. North America accounts for approximately 39% of the global market, making it the largest consumer market for outboard motors. This region’s strong demand is driven by a combination of factors, including the availability of waterways, high-income levels, and a deep-rooted interest in boating.

Technological Advancements: Gas-powered outboard motors have seen several technological advancements in recent years. Manufacturers have focused on improving fuel efficiency, reducing emissions, and enhancing the performance of these engines. Modern gas-powered outboard motors are now equipped with features such as electronic fuel injection (EFI), which offers better fuel efficiency and reduced emissions compared to older two-stroke engines. These improvements make gas-powered outboards more attractive to both recreational and commercial boat owners.

Affordability and Cost-Effectiveness: Gas-powered outboard motors are more affordable compared to their electric counterparts, which is a significant factor in their widespread adoption. While electric motors have lower operational costs, the initial purchase price of gas-powered motors is generally lower, making them a more economical choice for consumers, particularly in markets where price sensitivity is a concern.

Market Restraining Factors

Environmental Concerns: Gas-powered outboard motors are subject to increasing scrutiny due to their environmental impact. Traditional two-stroke engines, which are still prevalent in the market, tend to produce more emissions and consume more fuel than modern four-stroke engines or electric alternatives. In many regions, stricter environmental regulations are being introduced, which could limit the use of older, more polluting gas-powered outboard motors. Environmental concerns may drive consumers toward more eco-friendly alternatives like electric outboard motors, which offer zero emissions and quieter operation.

Regulatory Pressures: Stringent emissions regulations in key markets like North America and Europe are pushing the industry toward cleaner alternatives. For example, California has implemented regulations that limit the use of high-emission two-stroke engines in certain areas, particularly around lakes and national parks. As governments continue to introduce stricter regulations aimed at reducing emissions and promoting sustainability, gas-powered outboard motors could face increasing restrictions. This may limit their usage in specific locations and lead to a shift toward electric or hybrid engines.

Fuel Price Volatility: The price of gasoline can fluctuate significantly due to global oil market dynamics. High fuel prices can make gas-powered outboard motors more expensive to operate, which could lead to a shift in consumer preference toward more fuel-efficient or electric alternatives. In times of high oil prices, boat owners may feel the financial strain of operating gas-powered engines, which could limit their appeal, especially in comparison to the lower operational costs of electric motors.

Technological Advancements in Electric Motors: One of the primary challenges facing gas-powered outboard motors is the rapid development of electric outboard motors. Electric engines offer several advantages, including lower emissions, quieter operation, and lower maintenance costs. As battery technology continues to improve, the performance gap between gas and electric motors is narrowing, particularly for smaller boats used in recreational activities. Many consumers, particularly in environmentally-conscious markets, are shifting toward electric motors as a greener, more sustainable option.

Consumer Awareness and Preference Shifts: As awareness of environmental issues continues to grow, consumers are becoming more inclined to choose sustainable alternatives. The increasing popularity of electric vehicles, hybrid technology, and green energy solutions is influencing purchasing decisions in the boating industry as well. Consumers are now more aware of the ecological benefits of electric outboard motors, which do not emit harmful pollutants into the water or atmosphere. This shift in consumer preference poses a challenge for the gas-powered outboard motor market.

In conclusion, the gas-powered outboard motor market continues to be driven by strong demand in North America, where recreational boating remains popular. The affordability, power, and reliability of gas-powered engines ensure their continued dominance in the market. However, the market is facing growing pressure from environmental concerns, regulatory changes, and advancements in electric motor technology. These factors could limit the growth of gas-powered outboard motors, especially in markets with stringent environmental regulations and rising consumer demand for eco-friendly alternatives.

As the market evolves, manufacturers will need to balance the demand for powerful, cost-effective gas engines with the need to reduce emissions and improve environmental sustainability. The future of the outboard motor market will likely see a gradual transition toward hybrid or electric-powered engines, particularly in regions with strong environmental policies and a growing interest in sustainable boating practices. Nonetheless, gas-powered outboard motors will continue to play a significant role in the global boating industry for the foreseeable future.

This report is a detailed and comprehensive analysis for global Gas Powered Outboard Motor 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 Gas Powered Outboard Motor market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032

Global Gas Powered Outboard Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032

Global Gas Powered Outboard Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032

Global Gas Powered Outboard Motor market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026

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 Gas Powered Outboard Motor

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 Gas Powered Outboard Motor 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 Mercury, Yamaha, Suzuki, Honda, Evinrude Outboard Motors, Tohatsu, Suzhou Parsun Power Machine, Selva, Hidea Power Machinery, etc.

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

Market Segmentation

Gas Powered Outboard Motor market is split by Type and by Application. For the period 2021-2032, 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
Below 10 HP
10.1-30 HP
30.1-100 HP
100.1-200 HP
Above 200 HP

Market segment by Fuel Type
Gasoline Outboard Motors
Propane Outboard Motors
Others

Market segment by Combustion Cycle
Two-Stroke Outboard Engines
Four-Stroke Outboard Engines

Market segment by Boat Type
Small Boats
Large Boats

Market segment by Application
Fishing Boats
Transportation Boats
Leisure Boats
Others

Major players covered
Mercury
Yamaha
Suzuki
Honda
Evinrude Outboard Motors
Tohatsu
Suzhou Parsun Power Machine
Selva
Hidea Power Machinery

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 Gas Powered Outboard Motor product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Gas Powered Outboard Motor, with price, sales quantity, revenue, and global market share of Gas Powered Outboard Motor from 2021 to 2026.

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

Chapter 4, the Gas Powered Outboard Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.

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 2021 to 2032.

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 2021 to 2026.and Gas Powered Outboard Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.

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 Gas Powered Outboard Motor.

Chapter 14 and 15, to describe Gas Powered Outboard Motor sales channel, distributors, customers, research findings and conclusion.

Table of Contents

93 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Gas Powered Outboard Motor by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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