Small Marine Engines Market 2028 is Anticipated to Register Robust Growth
Rising Demand for recreational boating and advancements in engine technology are likely to drive the market in the forecast period. According to TechSci Research report, “ Small Marine Engines Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Small Marine Engines Market stood at USD 6.08 billion in 2022 and is anticipated to grow with a CAGR of 4.19% in the forecast period. One of the primary drivers propelling the global Small Marine Engines market is the surging demand for recreational boating. With rising disposable incomes and an increasing desire for outdoor leisure activities, recreational boating has gained immense popularity worldwide. Small marine engines play a pivotal role in powering a wide variety of vessels used for leisure activities, including speedboats, sailboats, personal watercraft, and pontoon boats. The COVID-19 pandemic further accelerated this trend as people sought safe and socially distanced o...