Market Dynamics
Factors such as the growing popularity of boat shows and marine recreational events and rising disposable household incomes will drive the growth of the marine powerboats batteries market. However, hazards associated with lithium-ion-powered batteries might hamper the market growth.
The decline in fuel prices will have a positive impact on the growth of vendors. On the other hand, the increasing sales of pre-owned boats are expected to reduce the growth potential in the market.
Company Profiles
The marine powerboats batteries market report includes information on the product launches, sustainability, and prospects of leading vendors including C and D Technologies Inc., Corvus Energy, East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, GS Yuasa Corp., Johnson Controls International Plc, Kokam Co. Ltd., Master Alliance Investment Ltd., and TotalEnergies SE.
Competitive Analysis
The competitive scenario provided in the marine powerboats batteries market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
- By engine type, the market is classified into outboard engines, sterndrive engines, and inboard engines. The market is expected to witness maximum growth in the outboard engines segment over the forecast period.
- By Geography, the market is analyzed across North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market.
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Marine Powerboats Batteries Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of over 8% |
Market growth 2021-2025 |
670.17 thousand units |
Market structure |
Fragmented |
YoY growth (%) |
7.64 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 33% |
Key consumer countries |
US, Australia, Finland, Germany, and Brazil |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
C and D Technologies Inc., Corvus Energy, East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, GS Yuasa Corp., Johnson Controls International Plc, Kokam Co. Ltd., Master Alliance Investment Ltd., and TotalEnergies SE |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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