An outboard motor is basically a propulsion system for boats that includes a self-contained unit comprising of engine, gearbox and propeller. This setup is designed to be deployed to the outside of the transom. Over the years, the maritime industry has experienced significant changes, primarily driven by a shifting pattern in consumer demand from cruisers to day boats. Stressing on excellent versatility as a factor, most of the small vessels are now equipped with marine outboard engines. Fact.MR has recently published a new study titled “Marine Outboard Engine Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029”, which enlighten readers about the growing inclination for marine outboard engines and striking innovations set to impact the global market arena.
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