- Electric outboard engines, offering cleaner and quieter alternatives to traditional fuel-based engines, are gaining traction in marine propulsion systems due to their environmental benefits, cost efficiency, and compatibility with renewable energy sources
- The demand for electric outboard engines is fueled by stringent emission regulations, growing adoption of green technologies in the marine industry, and increasing consumer awareness of sustainable boating practices
- North America dominated the electric outboard engines market with the largest revenue share of 38.5% in 2024, driven by early adoption of green marine technologies, high disposable incomes, and the presence of leading manufacturers
- Europe is expected to be the fastest-growing region during the forecast period, propelled by stringent environmental policies, rising investments in electric marine infrastructure, and increasing demand for sustainable recreational boating
- The electric segment dominated the largest market revenue share of 45% in 2024, driven by advancements in battery technology and increasing demand for zero-emission propulsion systems in recreational and commercial applications
