2019 Statistical Abstract: Outboard Engine sales reach 13-year high
by National Marine Manufacturers Association 4 Feb 2020 04:52 PST
Outboard Engine Sales Trends © National Marine Manufacturers Association
The first section of NMMA's 2019 U.S. Recreational Boating Statistical Abstract, Outboard Engine Sales Trends report, is now available in the Statistics section of NMMA.org. The Outboard Engine Sales Trends report examines outboard engine retail sales, which increased for the eighth consecutive year in 2019, nearly reaching pre-recession levels with a 13-year high.
"We're seeing the trend in consumer demand for higher performance engines continue with outboard engine sales growth in 2019 led by engines 200hp+, accounting for 27 percent of sales, and sales of 300hp+ engines up 18 percent," said Vicky Yu, director of business intelligence for NMMA. "After a pick-up in nearly all high-volume categories in the fourth quarter, inventory turns are healthy and manufacturers are expanding capacity in anticipation of demand. We expect another growth year for outboard engines sales in 2020."
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