According to the recent research report titled ‘North America Electric Outboard Engines Market Forecast 2027 By Power, By Control, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share; available with MarketStudyReport, North America electric outboard engines market is expected to value over USD 60 million by 2027. Advancement in technology in marine and shipping systems, expanding recreational boating activities and marine tourism, and surging investments in R&D activities to provide cutting-edge motors for youth appeal are some of the major factors driving the North America electric outboard engines market growth. Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4229232/   It is worth noting that the United States is one of the world's largest industries for electric outboard engines. The country’s prospects are brightening, thanks to rising investments in the construction of boats and navy vessels in both the United States and Canada. Furthermore, the region's expanding popularity of water activities is garnering industry participants' attention. The North America electric outboard engines marketplace is segmented on the basis of power type, control type, application spectrum, and geographical overview. By power type, the market is studied in terms of 50-150 kW, 25-50 kW, and below 50kW. By 2027, the 25-50 kW segment is estimated to account for more than 15% of the total industry share. This can be attributed to the growing demand for commercial electric outboard systems that offer exceptional performance, easy operations, and better safety. By control type, the market is split into tiller and remote-control segments. The application landscape of this business space involves recreational, commercial, and military segments. The recreational application segment is anticipated to capture 70% market share by 2027, primarily due to increasing boating and racing events as well as trade exhibitions. The geographical overview of the North America electric outboard engines industry spreads across the U.S and Canada. Among these, the U.S market is estimated to register remunerative growth through the forecast duration owing to increasing interest in outdoor recreation activities. Elco Motor Yachts, Bellmarine, Torqeedo GmbH, Pure Watercraft, Minn Kota, Epropulsion, Combi Outboards, and Stealth Electric Outboards are the major companies operating in North America electric outboard engines market.