Small Marine Engines Market Opportunities and Challenges - MarketsandMarkets Blog - 0 views
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Almira Coyne on 02 Jun 23The global small marine engines market is expected to reach USD billion 10.3 billion by 2027 from an estimated USD 7.8 billion in 2022, at a CAGR of 5.5% from 2022 to 2027. Recreational boats, fishing boats, coastal boats, and support vessels utilize small marine engines primarily for propulsion from one port to another. The primary reason for the growth of the market in the region is its growing recreational boating activities, which will increase the demand for boats and vessels and eventually drive the small marine engines market.