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Outboard Motors

The marine outboard motors market is comprised of the production, sales, and distribution of outboard engines used in various watercraft. Over the past decade, this market has witnessed steady growth due to increasing water-based recreational activities and commercial boating. North America is expected to be fastest growing region with high demand for leisure boating, growing tourism, growth in boat rentals, and increasing disposable income of consumers. Several variables will likely influence the market’s evolution over the next decade. Technological advancements will play a pivotal role, with a shift towards more efficient, eco-friendly, and quieter outboard motors. The adoption of electric and hybrid outboard engines is anticipated to rise, driven by environmental concerns and regulations promoting cleaner energy sources. Furthermore, improvements in battery technology will impact the feasibility and performance of electric outboards.

Key trends in the outboard motors market

Market trends suggest a growing demand for smaller, portable outboard motors, particularly for recreational boating and smaller watercraft. Additionally, global economic conditions, fluctuations in fuel prices, and geopolitical factors influencing trade and manufacturing will affect the market’s trajectory. Emerging markets in Asia-Pacific and Latin America may experience increased demand due to rising disposable incomes and expanding leisure boating activities.

Overall, the marine outboard motors market’s transformation over the next decade will be shaped by technological innovations, environmental considerations, consumer preferences, economic conditions, and geopolitical factors. Adaptation to these changes will be crucial for manufacturers and stakeholders to remain competitive and meet evolving consumer needs.

How do we add value?

Our Ball Bearings with Giga Protection® have a proprietary coating that provides reliable performance through all environmental elements. By using us as your trusted supplier for ball bearings with patented GP material, you will increase your outboard motor’s life span and differentiate your outboard motors from the competition. We also offer custom precision mechanical assemblies, which can include machined components such as magnets, gears,  plastic parts, die cast parts, and special materials precisely designed with our precision GP ball bearings. Talk to one of our helpful engineers today and learn more about how we can add value to your end products.

Products in use

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Giga Protection®Bearings

Patented blend of steel that resists corrosion up to 200 times more than standard stainless steel.

Ball Bearings

Used in drive shaft, propeller shaft or crank shaft, and the actuator.

Precision Mechanical Bearing Assemblies

Machined components such as magnets, gears, plastic parts, die cast parts, and special materials.

About NMB Technologies Corp

NMB Technologies Corporation is a MinebeaMitsumi Group company; a global leader in the design and production of miniature ball bearings, precision components, electromechanical components, and semiconductor components. Our precision manufacturing expertise also includes backlights, lighting products, advanced technology components for smart cities, medical devices, automotive manufacturers, and industrial manufacturers.

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