Increasing demand for luxury boat in Asia Pacific Make an inquiry for purchasing this report Efforts to adopt cleaner energy sources that are more efficient would promote the sales of electric-powered inboard engines. They are excellent substitutes for day cruisers and smaller boats. Electric engines create lesser noise and are comfortable to operate all while emitting fewer pollutants. The growing popularity of these engines is due to the improvements in battery technology and their widespread availability. The electric powered inboard engines market is expected to cross a valuation of USD 115 million by 2032. Widespread application of electric inboard engines Request for a sample of this research report Multiple developments in inboard engines along with the addition of features like less noise, longer lifespan, and a high aftermarket resale value, are likely to increase the industry demand. The imposition of strict emission and noise regulations by the European Union has created lucrative growth opportunities for electric boats and ship manufacturers. Countries such as France, Italy, Germany, and the UK are among the leader in yacht production in the region. The expanding recreational boating sector and demand for other water activities is expected to drive the production and sales of boats and yachts across Europe. Inboard Engines Market size is expected to cross a valuation of USD 2.5 billion by 2032, according to the recent research report by Global Market Insights Inc. Selbyville, Delaware, Ma(GLOBE NEWSWIRE). Major inboard engines market players are Torqeedo GmbH, Volvo Penta, Caterpillar Inc., Mitsubishi Marine Engines, Mercury Marine, Vetus, Rolls–Royce plc, Cummins Inc., YANMAR, and Indmar Products Inc.
0 Comments
Leave a Reply. |