The global export of marine outboard spark-ignition motors is predominantly led by Japan, holding over 66% of the market share in 2023, followed by the United States and China. Japan, the major player, and several other markets, including China, showed positive growth over the past year, while European countries like France and the United Kingdom experienced declines. Some emerging markets, like Senegal, showed substantial gains, reflecting tailored efforts to capture market share.
Future trends to watch include increased competition from Asian countries, driven by innovations and cost advantages. Sustainability and eco-friendly technology development might redefine competitive dynamics globally, affecting market shares and growth patterns among these countries.
Top countries in Export of Marine Outboard Spark-Ignition Motors Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 66.04 | 2023 | +2.43% | +2.19% | View data |
| 2 | 2 United States | 12.09 | 2023 | +1.6% | +1.51% | View data |
| 3 | 3 China | 5.91 | 2023 | +2.84% | +2.89% | View data |
| 4 | 4 Belgium | 5.83 | 2023 | +0.28% | -0.67% | View data |
| 5 | 5 Thailand | 3.09 | 2023 | +3.37% | +3.58% | View data |
| 6 | 6 Germany | 2.61 | 2023 | +2.87% | +2.94% | View data |
| 7 | 7 Italy | 0.74 | 2023 | +2.38% | +1.81% | View data |
| 8 | 8 France | 0.47 | 2023 | -7.94% | -8.01% | View data |
| 9 | 9 Spain | 0.28 | 2023 | +0.33% | -1.62% | View data |
| 10 | 10 Norway | 0.2 | 2023 | -1.19% | +11.82% | View data |
