| Product Code: ETC5771255 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Between 2023 and 2024, Benin`s import trend for small marine engines experienced a decline of -26.53%. However, the compound annual growth rate (CAGR) from 2020 to 2024 stood at 53.41%. This fluctuation could be attributed to shifts in demand dynamics or changes in trade policies affecting the market.
The small marine engines market in Benin is influenced by the growth in recreational boating and commercial marine activities. Small marine engines are essential for powering boats and small vessels, valued for their reliability and performance. The market growth is supported by the increasing popularity of water sports and fishing activities. Challenges include the high cost of marine engines and competition from larger, more powerful engines. The market is expected to grow as marine activities continue to rise.
The small marine engines market in Benin is driven by the growth of the recreational boating and fishing industries. The demand for reliable and efficient engines for small boats and marine vessels supports market growth. Advances in marine engine technology, including improvements in fuel efficiency and emissions control, also contribute to the market`s expansion.
The Benin small marine engines market encounters challenges related to technological advancements and maintenance. Marine engines require regular maintenance and updates to meet performance and regulatory standards. The market also faces competition from more advanced and fuel-efficient engines, which can affect demand for older models.
The small marine engines market is influenced by policies aimed at supporting the maritime and fishing industries. The government provides incentives for local production and enforces regulations to ensure the reliability and environmental compliance of marine engines. Import tariffs are also applied to protect local manufacturers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Small Marine Engines Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Small Marine Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Small Marine Engines Market - Industry Life Cycle |
3.4 Benin Small Marine Engines Market - Porter's Five Forces |
3.5 Benin Small Marine Engines Market Revenues & Volume Share, By Model, 2021 & 2031F |
3.6 Benin Small Marine Engines Market Revenues & Volume Share, By Placement, 2021 & 2031F |
3.7 Benin Small Marine Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Benin Small Marine Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the fishing industry in Benin, leading to increased demand for small marine engines. |
4.2.2 Government initiatives promoting the use of small marine engines for coastal transportation and fishing activities. |
4.2.3 Advances in technology leading to more efficient and eco-friendly small marine engines. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on small marine engines, impacting affordability for consumers. |
4.3.2 Limited availability of skilled technicians for maintenance and repair of small marine engines. |
4.3.3 Environmental regulations and concerns regarding emissions and pollution from small marine engines. |
5 Benin Small Marine Engines Market Trends |
6 Benin Small Marine Engines Market Segmentations |
6.1 Benin Small Marine Engines Market, By Model |
6.1.1 Overview and Analysis |
6.1.2 Benin Small Marine Engines Market Revenues & Volume, By Gasoline, 2021-2031F |
6.1.3 Benin Small Marine Engines Market Revenues & Volume, By Diesel, 2021-2031F |
6.1.4 Benin Small Marine Engines Market Revenues & Volume, By Electric, 2021-2031F |
6.2 Benin Small Marine Engines Market, By Placement |
6.2.1 Overview and Analysis |
6.2.2 Benin Small Marine Engines Market Revenues & Volume, By Outboard, 2021-2031F |
6.2.3 Benin Small Marine Engines Market Revenues & Volume, By Inboard, 2021-2031F |
6.3 Benin Small Marine Engines Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Benin Small Marine Engines Market Revenues & Volume, By Recreational Boats, 2021-2031F |
6.3.3 Benin Small Marine Engines Market Revenues & Volume, By Support Vessels, 2021-2031F |
6.3.4 Benin Small Marine Engines Market Revenues & Volume, By Coastal Boats, 2021-2031F |
6.3.5 Benin Small Marine Engines Market Revenues & Volume, By Fishing Boats, 2021-2031F |
7 Benin Small Marine Engines Market Import-Export Trade Statistics |
7.1 Benin Small Marine Engines Market Export to Major Countries |
7.2 Benin Small Marine Engines Market Imports from Major Countries |
8 Benin Small Marine Engines Market Key Performance Indicators |
8.1 Average age of small marine engines in operation in Benin. |
8.2 Adoption rate of eco-friendly small marine engines in the market. |
8.3 Number of government subsidies or incentives provided for the purchase of small marine engines in Benin. |
9 Benin Small Marine Engines Market - Opportunity Assessment |
9.1 Benin Small Marine Engines Market Opportunity Assessment, By Model, 2021 & 2031F |
9.2 Benin Small Marine Engines Market Opportunity Assessment, By Placement, 2021 & 2031F |
9.3 Benin Small Marine Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Benin Small Marine Engines Market - Competitive Landscape |
10.1 Benin Small Marine Engines Market Revenue Share, By Companies, 2024 |
10.2 Benin Small Marine Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |