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	<title>Outboard Engines | Power Systems Research</title>
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		<title>Boot 2026 Shows Strong Shift To Outboard Power</title>
		<link>https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Sat, 21 Feb 2026 19:51:44 +0000</pubDate>
				<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=14898</guid>

					<description><![CDATA[<p>See Complete Show Report Here Boot Düsseldorf 2026 welcomed more than 200,000 visitors over nine days (Jan. 17-25) and hosted about 1,500 exhibitors from 120 countries. The show was about the same size as that of the 2025 event, but last year’s show drew exhibitors from only about 67 countries. Boot once again confirmed its</p>
The post <a href="https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power/">Boot 2026 Shows Strong Shift To Outboard Power</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<figure class="wp-block-image alignleft size-full"><img decoding="async" width="140" height="192" src="https://www.powersys.com/wp-content/uploads/2025/03/Natasa-Mulahalilovic.jpeg" alt="Natasa Mulahalilovic" class="wp-image-13338"/><figcaption class="wp-element-caption">Natasa Mulahalilovic</figcaption></figure>



<p class="wp-block-paragraph"><a href="https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power-boats/">See Complete Show Report Here</a></p>



<p class="wp-block-paragraph"><strong>Boot Düsseldorf 2026</strong> welcomed more than 200,000 visitors over nine days (Jan. 17-25) and hosted about 1,500 exhibitors from 120 countries. The show was about the same size as that of the 2025 event, but last year’s show drew exhibitors from only about 67 countries.</p>



<p class="wp-block-paragraph">Boot once again confirmed its position as the world’s leading indoor boat show. The event covered the entire spectrum of the marine industry, including motorboats, yachts and superyachts, catamarans, sailing boats, outboard and electric boats, engines, power generation systems, equipment and components, as well as touristic services, charter companies, and boating clubs.</p>



<span id="more-14898"></span>



<p class="wp-block-paragraph"><strong>Market Trends<br></strong>Clear market trends emerged during the show. There is a strong shift toward outboard-powered boats, driven by increased usable space, lower maintenance requirements, ease of operation, and more competitive pricing. These boats are mainly used for day trips or short one- to two-day cruises, while long-distance boating currently appears less attractive to many buyers.</p>



<p class="wp-block-paragraph">The luxury yacht sector continues to perform well. Interest in medium-sized boats with inboard engines remains stable, but sales are more challenging, reflecting ongoing economic and political uncertainty. Many manufacturers described 2025 as a difficult year marked by caution and observation.<strong></strong></p>



<p class="wp-block-paragraph">Boating demand overall remains strong, particularly in the charter sector. Charter companies are performing very well, and catamaran manufacturers focused on charter fleets reported growth in their order books. Traditional sailing yachts, however, are under increasing pressure to evolve and adapt to the expectations of a new generation of boaters. As a result, many brands are revising their designs and introducing electric propulsion, appealing to environmentally conscious and slow-cruising sailors.&nbsp; <strong>PSR</strong><strong></strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is Marine Pleasure Boat Analyst-Europe</em> <em>for Power Systems Research</em></p>The post <a href="https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power/">Boot 2026 Shows Strong Shift To Outboard Power</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Boot 2026 Shows Shift To Outboard Power</title>
		<link>https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power-boats/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Mon, 16 Feb 2026 17:41:08 +0000</pubDate>
				<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=14853</guid>

					<description><![CDATA[<p>Boot Düsseldorf 2026 welcomed more than 200,000 visitors over nine days (Jan. 17-25) and hosted about 1,500 exhibitors from 120 countries. The show was about the same size as that of the 2025 event, but last year’s show drew exhibitors from only about 67 countries. Boot once again confirmed its position as the world’s leading</p>
The post <a href="https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power-boats/">Boot 2026 Shows Shift To Outboard Power</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<figure class="wp-block-image alignleft size-full"><img decoding="async" width="140" height="192" src="https://www.powersys.com/wp-content/uploads/2025/03/Natasa-Mulahalilovic.jpeg" alt="Natasa Mulahalilovic" class="wp-image-13338"/><figcaption class="wp-element-caption">Natasa Mulahalilovic</figcaption></figure>



<p class="wp-block-paragraph"><strong>Boot Düsseldorf 2026</strong> welcomed more than 200,000 visitors over nine days (Jan. 17-25) and hosted about 1,500 exhibitors from 120 countries. The show was about the same size as that of the 2025 event, but last year’s show drew exhibitors from only about 67 countries.</p>



<p class="wp-block-paragraph">Boot once again confirmed its position as the world’s leading indoor boat show. The event covered the entire spectrum of the marine industry, including motorboats, yachts and superyachts, catamarans, sailing boats, outboard and electric boats, engines, power generation systems, equipment and components, as well as touristic services, charter companies, and boating clubs.</p>



<span id="more-14853"></span>



<p class="wp-block-paragraph"><strong>Market Trends<br></strong>Clear market trends emerged during the show. There is a strong shift toward outboard-powered boats, driven by increased usable space, lower maintenance requirements, ease of operation, and more competitive pricing. These boats are mainly used for day trips or short one- to two-day cruises, while long-distance boating currently appears less attractive to many buyers.</p>



<p class="wp-block-paragraph">The luxury yacht sector continues to perform well. Interest in medium-sized boats with inboard engines remains stable, but sales are more challenging, reflecting ongoing economic and political uncertainty. Many manufacturers described 2025 as a difficult year marked by caution and observation.<strong></strong></p>



<p class="wp-block-paragraph">Boating demand overall remains strong, particularly in the charter sector. Charter companies are performing very well, and catamaran manufacturers focused on charter fleets reported growth in their order books. Traditional sailing yachts, however, are under increasing pressure to evolve and adapt to the expectations of a new generation of boaters. As a result, many brands are revising their designs and introducing electric propulsion, appealing to environmentally conscious and slow-cruising sailors.</p>



<p class="wp-block-paragraph">Looking ahead, 2026 is expected to remain a relatively flat year, with no significant growth compared to 2025. Boat manufacturers are therefore concentrating on developing new models, implementing innovative technologies, advancing electric and hybrid solutions, and strengthening strategic partnerships, positioning themselves to respond quickly when market demand strengthens again.&nbsp;&nbsp;</p>



<p class="wp-block-paragraph">Wide Range of Products<br>A wide range of leading international brands were present, including Azimut-Benetti, Ferretti Group, Princess, Sunseeker, Sanlorenzo, Cranchi, Galeon, Sirena Marine, Delphia, Cobra Yachts, Solaris Yachts, Grand Banks, Frauscher, Saxdor, Axopar, Elling, Santa Severa, Williams Tenders, Pure Yachts, Catana Group, Beneteau, Bavaria Yachts, Hanse Yachts, Saffier, and many others.</p>



<p class="wp-block-paragraph">Several important new models were launched at the show. The largest new boat on display was the Bluegame BGX83, measuring 25.3 meters. Other key premieres included the Azimut Fly 82 with hybrid technology, the Ferretti Yachts 720, the Pardo 43, the Greenline 42 equipped with the H-Drive 6G hybrid system, the Finnish Saxdor 14.4 meter 460 GTC model, the Turkish AIATA Sunfinder 50 and 38, the Beneteau Gran Turismo 50, and the SACS TecnoRib Pirelli X460.</p>



<p class="wp-block-paragraph">On the sailing side, several notable world and show premieres were presented, including the Beneteau First 60, Pure 42, Wauquiez 55 Hybrid, Jeanneau Sun Odyssey 455, and Contest 56 CS, Hanse 360 available in electric version, new Dufour 48 and Dufour 54.</p>



<p class="wp-block-paragraph">The show also highlighted a growing number of electric and hybrid specialists. These included the Spanish boat manufacturer Lasai launching its 32 KS solar-electric overnight model, Stickl Yachts 100% electric days boats, Milikan solar-electric catamarans, Nyx solar-electric catamarans from Shanghai using ePropulsion solutions.</p>



<p class="wp-block-paragraph">Sailboat manufacturer from the Netherlands Saffier launched its SE 28 Leopard model powered with the new electric sail drive solutions developed by MITEK. A notable innovation came from Wia (Hungary), which introduced a 16.1-metre luxury overnight electric boat Wia 520.</p>



<p class="wp-block-paragraph">Another highlight was the world premiere of the Frauscher x Porche Spectra 790, a fully electric sport boat powered with 800 V battery and 400 kW electric motor.&nbsp; Bavaria Yachts also announced new electric and hybrid models developed in collaboration with EPTechnologies, scheduled for launch in February.</p>



<p class="wp-block-paragraph">On the equipment and technology side, highlights included Nanni’s new Toyota-based engine T4 series, MITEK’s electric rotating sail drive solutions, hybrid system innovations from Fischer Panda and Molabo implemented on <em>Malizia Seaexplorer</em>, Molabo’s new serial hybrid system Aries, and Torqeedo’s latest Travel XS, Cruise 3.0 and Cruise 6.0 electric outboard motors.&nbsp;&nbsp; <strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is Marine Pleasure Boat Analyst-Europe at Power Systems Research</em></p>The post <a href="https://www.powersys.com/2026/02/boot-2026-shows-strong-shift-to-outboard-power-boats/">Boot 2026 Shows Shift To Outboard Power</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<item>
		<title>Outboard Engine Market Forecast: USD 19 Billion  </title>
		<link>https://www.powersys.com/2024/12/marine-outboard-engine-market-forecast-usd-19-billion/</link>
		
		<dc:creator><![CDATA[Michael Aistrup]]></dc:creator>
		<pubDate>Sat, 14 Dec 2024 17:54:14 +0000</pubDate>
				<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[United States Offices]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=13056</guid>

					<description><![CDATA[<p>GLOBAL REPORT The global outboard engines market size was $10.58B in 2023 and is anticipated to reach $19.13B by 2034, growing at a CAGR of 5.53% from 2024 to 2034, according to Power Systems Research (PSR). Source: Power Systems Research Summary. The outboard engines market produces, sells, and distributes outboard motors. These engines are independent</p>
The post <a href="https://www.powersys.com/2024/12/marine-outboard-engine-market-forecast-usd-19-billion/">Outboard Engine Market Forecast: USD 19 Billion  </a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading"><strong>GLOBAL REPORT</strong></h5>



<p class="wp-block-paragraph">The global outboard engines market size was $10.58B in 2023 and is anticipated to reach $19.13B by 2034, growing at a CAGR of 5.53% from 2024 to 2034, according to Power Systems Research (PSR). </p>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="484" src="https://www.powersys.com/wp-content/uploads/2024/12/OutboardMotors-1024x484.png" alt="" class="wp-image-13058" srcset="https://www.powersys.com/wp-content/uploads/2024/12/OutboardMotors-1024x484.png 1024w, https://www.powersys.com/wp-content/uploads/2024/12/OutboardMotors-300x142.png 300w, https://www.powersys.com/wp-content/uploads/2024/12/OutboardMotors-768x363.png 768w, https://www.powersys.com/wp-content/uploads/2024/12/OutboardMotors-1536x725.png 1536w, https://www.powersys.com/wp-content/uploads/2024/12/OutboardMotors-2048x967.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p class="wp-block-paragraph">Source: Power Systems Research</p>



<p class="wp-block-paragraph"><strong>Summary.</strong> The outboard engines market produces, sells, and distributes outboard motors. These engines are independent propulsion units positioned externally on a boat&#8217;s transom instead of being integrated within the hull. These engines, which are used to power a variety of watercraft, such as boats, dinghies, pontoons, and fishing vessels, usually consist of a powerhead, gearbox, and propeller.</p>



<span id="more-13056"></span>



<p class="wp-block-paragraph"><strong>Demand Drivers. </strong>Today, many people are participating in water-related recreational activities, and the economic growth of the country, increasing consumer confidence, and technological innovations by boat manufacturers all are driving growing demand.</p>



<ul class="wp-block-list">
<li>OEMs are focusing on building versatile and affordable products to appeal to youth.</li>



<li>Intuitive marine technology makes it easy to operate these products.</li>



<li>The growing boat rental market and shared boat ownership are pushing outboard motor ownership.&nbsp;</li>



<li>The surging popularity of environmentally friendly outboard engines cater to the preferences of eco-conscious consumers.</li>



<li>While electrification addresses environmental concerns and the regulatory push for reducing carbon footprints, challenges like noise pollution and high initial costs persist. Hybrid and electric outboard engines, powered by lithium-ion batteries, offer alternative fuel options, catering to the evolving demands of maritime tourism, water skiing, and cruising.</li>



<li>Government organizations, marine service providers, and scientific research entities drive environmental monitoring initiatives.&nbsp;</li>



<li>The demand for new boats and outboard engines is heavily influenced by factors such as fuel efficiency and income levels. Increasing disposable income plays a vital role.</li>



<li>The tourism industry contributes significantly to the market&#8217;s growth, as recreational boating remains a popular activity for tourists and locals alike.</li>



<li>The need for boats with dependable outboard engines has increased due to the expansion in maritime tourism, which includes activities like island hopping, whale watching, and sightseeing excursions.</li>



<li>There is a natural market demand for replacement engines as older models age or become less efficient, especially from boat owners who value dependability and performance.</li>
</ul>



<p class="wp-block-paragraph"><strong>Market Trends. </strong>There are three important developing trends in this segment: Increased usage of turbochargers, a growing interest in electric outboard engines and expanded use of digital technology.</p>



<ul class="wp-block-list">
<li>Turbochargers increase the volume of air to the combustion process without any additional requirement for large displacement cylinders.</li>



<li>Electric outboard engines offer quieter operation, reduced emissions, and lower maintenance requirements.</li>



<li>Digital technology is increasingly integrated into outboard engines, offering features such as digital controls, touch-screen displays, and connectivity options.&nbsp;</li>
</ul>



<p class="wp-block-paragraph"><strong>Market Challenges. </strong>The performance of the global economy is a critical factor affecting the boating industry as the demand for marine outboard engines is usually cyclic with fluctuations in the economy.</p>



<p class="wp-block-paragraph">A growing number of purchasers are choosing engines built to reduce pollution in water bodies that either meet or surpass emission regulations. Greener consumers are increasingly drawn to outboard motors that run on natural gas or propane and electric outboard engines.</p>



<p class="wp-block-paragraph"><strong>Market Overview. </strong>PSR anticipates steady growth in the coming years, driven by the rising popularity of watersports and recreational boating activities. More reliable and quieter new engine models cater to both younger and older generations, enhancing leisure experiences.</p>



<p class="wp-block-paragraph">There is a rising need for greener and more sustainable outboard engine alternatives to conventional gasoline-powered ones as environmental concerns become more widely recognized. Outboard motors powered by electricity and hybrid technology have reduced noise pollution, emissions, and dependency on fossil fuels. &nbsp;<strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Michael Aistrup is Senior Analyst</em> <em>at Power Systems Research</em></p>The post <a href="https://www.powersys.com/2024/12/marine-outboard-engine-market-forecast-usd-19-billion/">Outboard Engine Market Forecast: USD 19 Billion  </a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<item>
		<title>Electric Boats at 2024 Cannes Show</title>
		<link>https://www.powersys.com/reports/electric-boats-popular-at-cannes-yachting-festival/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Mon, 23 Sep 2024 16:31:04 +0000</pubDate>
				<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Pleasure Craft Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=12495</guid>

					<description><![CDATA[<p>SHOW REPORT&#160; For more information on the marine market, visit MarineLink, the Power Systems Research proprietary marine products database. More than 600 exhibitors from the marine pleasure industry showed off their latest models of boats, yachts, marine equipment and other products and services at the 47th annual Cannes Yachting Festival, Europe’s biggest in-water event, just</p>
The post <a href="https://www.powersys.com/reports/electric-boats-popular-at-cannes-yachting-festival/">Electric Boats at 2024 Cannes Show</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading"><strong>SHOW REPORT&nbsp;</strong></h5>



<p class="wp-block-paragraph"><strong><em>For more information on the marine market, visit <a href="https://www.powersys.com/data-forecasts/marinelink/" title="">MarineLink</a>, the Power Systems Research proprietary marine products database.</em></strong></p>



<figure class="wp-block-image alignleft size-full"><img loading="lazy" decoding="async" width="140" height="192" src="https://www.powersys.com/wp-content/uploads/2024/10/Natasa-Mulahalilovic.png" alt="Natasa Mulahalilovic" class="wp-image-12574" /></figure>



<p class="wp-block-paragraph">More than 600 exhibitors from the marine pleasure industry showed off their latest models of boats, yachts, marine equipment and other products and services at the 47<sup>th</sup> annual Cannes Yachting Festival, Europe’s biggest in-water event, just closed its doors. The event ran Sept. 10-15.</p>



<p class="wp-block-paragraph">An estimated 50,000 visitors attended the festival and got an excellent note for organization from all participants and visitors. The next year’s edition will be held Sept. 9-14, 2025.</p>



<p class="wp-block-paragraph">The electric marine market has been very dynamic in the last 10 years and electric products and accessories were very popular at the show. Investments in research and development of new technologies and their implementation into boats have been extremely high.</p>



<span id="more-12495"></span>



<p class="wp-block-paragraph">Electric boats and yachts are, as expected, more expensive than traditionally powered boats but in the long term they produce savings on fuel and maintenance. The electric boats boating benefits are still unknown to the large public and need promotion.</p>



<figure class="wp-block-image alignleft size-full"><img loading="lazy" decoding="async" width="140" height="133" src="https://www.powersys.com/wp-content/uploads/2024/10/CannesYacht2024.png" alt="" class="wp-image-12596" /></figure>



<p class="wp-block-paragraph">Many electric and hybrid boat and equipment manufacturers that we talked with at the show confirm that the market is growing but slower than they had been hoping. The EU regulations for CO2 emission reduction in inland and open water, development of infrastructure in marinas, better technologies, safety and capacity of batteries, are still challenging battle fields.</p>



<p class="wp-block-paragraph">We estimate that the electrification of the marine pleasure industry will have a positive trend in coming years. This year growth is estimated to 15% compared to 2023. The years approaching 2030 will bring more opportunities in pleasure segments as popularization of the new style and sustainable boating is seriously taking place in Europe and abroad. The expected growth of the market is up to 20% year by year. The acceleration of the electrification will be probably possible from 2030 when Green Fuels and technologies will be available to replace fossil fuel engines in boats of all types and sizes.</p>



<p class="wp-block-paragraph">Well-known boat builders mainly coming from Poland and Turkey displayed 170 boats and yacht in size from 8 to 30 meters.&nbsp; Eco-innovations and advanced propulsion systems were present more than ever. Traditionally powered boats and yachts dominated the show, but the electric and hybrid boats and yachts are gaining visibility and attracted extensive interest.</p>



<p class="wp-block-paragraph">As usual, the biggest and the most impressive displays were those from the luxury motor yachts and super yachts manufacturers as of <strong>Azimut-Benetti, Sunseeker, San Lorenzo, Ferretti, Princess</strong> or <strong>Fairline</strong>.&nbsp; <strong>Galeon, Cranchi, Sirena</strong> and other motor yachts builders continuously working on new boat models take up more space at the festival every year.</p>



<p class="wp-block-paragraph">Motor yachts and superyachts adopt new designs offering a maximal open view to sea, more space and as much as possible sustainable yachting. Alternative fuel propulsion systems are not in application yet but some efforts supporting less polluting navigation in marina are made. Tenders for superyachts are regularly equipped with an electric solution.</p>



<p class="wp-block-paragraph">Motor yachts in size from to 20 to 24 meters are mainly equipped with diesel <strong>MAN</strong> or <strong>Volvo Penta</strong> inboard engines, superyachts require the MTU or Caterpillar powerful propulsion. Manufacturers of luxury sports cruisers from Europe and overseas countries have been present in a large number. Boats in size up to 20 meters are mainly equipped with Volvo Penta IPS or <strong>Mercury</strong> outboard engines.&nbsp;</p>



<p class="wp-block-paragraph">Sailing boats and yachts manufacturers like <strong>Beneteau, Hanse Yachts, Dufour, Bavaria Yachts, X-Yachts, Nautor Swan, Gunboat, Outremer, Solaris, CNB, Grand Soleil, Fountaine Pajot</strong>, and others are looking for innovations in design and material to gain in space and light and to get closer to eco responsible yachting.</p>



<p class="wp-block-paragraph">French Fountaine Pajot is developing an electric/hybrid option for existing models (odsea LAB project). Sailing catamarans <strong>Lagoon</strong> and <strong>Bali</strong>, remain the bestselling yachts at the show. Charter companies’ purchase catamarans massively produced globally to satisfy a growing demand. Australian <strong>Seawind</strong> catamaran is entering European market with the new model fully manufactured in recently launched shipyard in Turkey. Sailing yachts and catamarans are powered by Yanmar sail drive engines.</p>



<p class="wp-block-paragraph">Electric and hybrid boats and yacht manufacturers <strong>including Candela, Wider, Whisper, Silent Yachts, Greenline, Sunreef, Frauscher, Elan, Vaan, Windelo, HH Catamarans, X-Yachts, Axopar, Lumen Yachts, de Antonio Yachts</strong>, and others, created lots of interest at the festival. They are using safe and reliable propulsion systems built in partnership with the most advanced electric and hybrid propulsion systems and components manufacturers such as <strong>Evoy, Huracan, Torqeedo, OceanVolt, MG energy, BMW, Polestar, ePropulsion, e-Motion, Danfoss</strong>, etc. They are promoting slow, silent and eco-responsible boating.</p>



<p class="wp-block-paragraph">Fossil fuel engine manufacturers such as of <strong>Rolls-Royce/MTU, MAN, Cummins, Yanmar International, Volvo Penta, FPT Industry, Moteurs Boudouin</strong> presented their improved engines and propulsion systems for yachts. They are working on upgrading the existing engines to respond to the latest emission standards requirements worldwide. New fuel technologies development is in progress, but it is not expected to be implemented in yachts before 2035.</p>



<p class="wp-block-paragraph">Yanmar launched a new sail drive electric engine in collaboration with the battery manufacturer MG Energy. Three models SDe7, SDe10 and SDe15- give an output of up to 15 kW for 100% emission free sailing.&nbsp; Mercury launched the electric outboard motor line Avator with power from 7.5 to 110 kW. Torqeedo presented the latest inboard electric motor Deep Blue 100i with a power of 100 kW (135 hp) and the new XP Travel outboard electric motor with the power of 5 hp for inland boating. The high-performant Deep Blue Battery 80 based on BMW technology is launched at the festival. BlueNav invented a retractable electric motor for cleaner navigation for new or existing boats having a diesel engine(s).</p>



<p class="wp-block-paragraph">Among large motor yachts, luxury superyachts, motor and sailing catamarans, outboard boats, RIB’s and other types of boats equipped with one or more fossil fuel engines, the fully electric boats, motor and battery manufacturers drew plenty of attention from attendees.</p>



<p class="wp-block-paragraph">The Power Systems Research team spoke with exhibitors about their latest creations, and current market trends. Here are some experiences and thoughts from the field.</p>



<p class="wp-block-paragraph">The Swedish builder <strong>Candela</strong> is a pioneer in a hydrofoiling electric boat production. After many years of research and development, the first model C-7 was launched in 2019. The latest model C-8 designed in partnership with Polstar was launched in 2023. 25 units of the C-8 design have been delivered. This year’s plan is to double production. The leisure market shows a positive trend. Candela heavily invested in the creation of the ferry C-12 having a capacity of 31 persons as the commercial segment has shown great interest in CO2 free boating.&nbsp; Six units of ferries are sold and are in production. They will be used for urban transportation on the lakes.</p>



<p class="wp-block-paragraph"><strong>Whisper Yachts</strong> fully designs and manufactures solar powered electric boats in Italy. The first Whisper 50, the 15 meters in lengths boat was presented at the show. It is equipped with two Torqeedo engines of 100 kW and three <strong>BMW</strong> batteries totaling 240 kWh. The boat is designed for slow, silent and clean long-distance boating. The company is launching a new Whisper 40 model in 2025. The model Whisper 60 is also coming soon.</p>



<p class="wp-block-paragraph"><strong>Lumen</strong> is the Dutch electric day boat brand launched in 2018. The first E32 model has been replaced by the spacious and stylish E10 model. They are built by <strong>JR</strong> yachts in the Netherlands. The propulsion system is based on the motor built in-house and using <strong>MG</strong> batteries. Six units have been delivered, primarily to boat clubs. The Lumen team is promoting slow, comfortable and responsible boating in the leisure market. Having a traditional elegant style but being modern and different in propulsion, the E10 attracted a lot of attention at the Cannes Yachting Festival.</p>



<p class="wp-block-paragraph"><strong>Evoy</strong>, the Norway manufacturer of electric inboard and outboard motors, batteries and chargers, started collaboration with the Finnish outboard boat manufacturer <strong>Axopar</strong> two years ago. The fast-growing brand manufactures about 3500 units of outboard boats per year and is now focusing on sustainable boating. The new AX/E line offers two models of electric boats AX/25 and AX/22 equipped by Evoy electric motors Storm 300+ and Outboard Brees 120+, respectively. The Evoy propulsion systems allow charging batteries from 10% to 80% in 45 minutes. Axopar sees double-digit growth of the electric market in the coming years.</p>



<p class="wp-block-paragraph"><strong>Huracan Marine</strong>, the Italian manufacturer of inboard, sterndrive, sail drive and outboard electric motors and batteries, produces products primarily for builders of electric yachts and tenders, such as <strong>Silent Yachts.</strong> However, larger scale sales are expected to come from the commercial segment. The transition of Venetians traditional water traffic canal boats and privately owned boats to non-fossil engines powered boats should be implemented by 2028. This and other environmental projects directed by the state and municipality administration open new opportunities for business development.</p>



<p class="wp-block-paragraph"><strong>MG Energy Systems</strong> presented the latest versions of its battery systems developed for boats and yachts of <strong>Ferretti Spa, Wajer Yachts, Azimut Benetti, Garcia Yachts, Elan, Dragonfly, Windelo, Vaan</strong> and others. <strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is Product Manager</em> for <a href="https://www.powersys.com/data-forecasts/marinelink/" title="">MarineLink</a><em>, the proprietary marine product database at Power Systems Research</em></p>The post <a href="https://www.powersys.com/reports/electric-boats-popular-at-cannes-yachting-festival/">Electric Boats at 2024 Cannes Show</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<title>Deutz AG To Sell Torqeedo Shares To Yamaha</title>
		<link>https://www.powersys.com/2024/01/deutz-ag-to-sell-torqeedo-shares-to-yamaha/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Mon, 22 Jan 2024 17:48:11 +0000</pubDate>
				<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=11125</guid>

					<description><![CDATA[<p>Deutz AG signed an agreement Jan. 19, 2024, to sell its shares in Torqeedo to Yamaha Motor Co Ltd. The sale of Torqeedo’s shares were planned and announced at the Deutz Annual General Meeting held in April 2023. Torqeedo is a market leader in developing and manufacturing advanced marine electric engines and propulsion systems. Deutz</p>
The post <a href="https://www.powersys.com/2024/01/deutz-ag-to-sell-torqeedo-shares-to-yamaha/">Deutz AG To Sell Torqeedo Shares To Yamaha</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<p class="wp-block-paragraph">Deutz AG signed an agreement Jan. 19, 2024, to sell its shares in Torqeedo to Yamaha Motor Co Ltd. The sale of Torqeedo’s shares were planned and announced at the Deutz Annual General Meeting held in April 2023.</p>



<p class="wp-block-paragraph">Torqeedo is a market leader in developing and manufacturing advanced marine electric engines and propulsion systems.</p>



<span id="more-11125"></span>



<p class="wp-block-paragraph">Deutz acquired the German company in 2017 to accelerate electrification of its core segments as of agricultural machinery, construction equipment and material handling equipment.</p>



<p class="wp-block-paragraph">Once the technology transfer was successfully completed, Deutz sought a “better owner” for Torqeedo to help further development of its own products, to gain access to a larger marine industry market and to get better global after-sales support. Torqeedo has 230 employees and has sold 250,000 inboard and outboard engines worldwide in 15 years. Yamaha is one of the world’s biggest outboard marine engine manufacturers.</p>



<p class="wp-block-paragraph">Yamaha Motor Co will benefit from Torqeedo’s advanced know-how and expertise in the field of electric engines, outboard and inboard propulsion systems, batteries, and accessories.</p>



<p class="wp-block-paragraph">Torqeedo will have a major role in development of a mid-range electric outboard engines under the Yamaha brand, aiding Yamaha’s ambition to become a global leader in the fast-growing electric boat propulsion market. Having Torqeedo’s product line in its portfolio will help Yamaha reinforce its role in the decarbonization of the marine industry.&nbsp;&nbsp;</p>



<p class="wp-block-paragraph">The purchase agreement is expected to close in the first quoter of 2024.&nbsp; <strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Source: Deutz.</em>&nbsp;&nbsp;&nbsp; <a href="https://www.deutz.com/investor-relations/investor-news/deutz-verkauft-torqeedo-an-strategischen-investor-yamaha-motor-co-ltd">Read The Article</a></p>



<p class="wp-block-paragraph">Source: Yamaha. <a href="https://global.yamaha-motor.com/news/2024/0119/torqeedo.html">Read The Article</a></p>



<p class="wp-block-paragraph">Source: Torqeedo.&nbsp;&nbsp;&nbsp; <a href="https://www.torqeedo.com/en/company/success-story.html">Read The Article</a></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic</em> <em>is</em> <em>Marine Product Manager</em> <em>for Power Systems Research</em></p>The post <a href="https://www.powersys.com/2024/01/deutz-ag-to-sell-torqeedo-shares-to-yamaha/">Deutz AG To Sell Torqeedo Shares To Yamaha</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<title>Outboard Marine Engine Market Hits $5.5 Billion</title>
		<link>https://www.powersys.com/2023/11/outboard-marine-engine-market-hits-5-5-billion/</link>
		
		<dc:creator><![CDATA[Michael Aistrup]]></dc:creator>
		<pubDate>Thu, 16 Nov 2023 17:59:22 +0000</pubDate>
				<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Personal Water Craft]]></category>
		<category><![CDATA[United States Offices]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=10862</guid>

					<description><![CDATA[<p>GLOBAL REPORT The global Outboard Marine Engine Market size is estimated at $5.54 billion in 2023, and is expected to reach $8.99 billion by 2035, growing at a CAGR of 4.1% during the forecast period, according to research by Power Systems Research. &#160; The COVID-19 outbreak significantly impacted the boat manufacturing industry and caused a</p>
The post <a href="https://www.powersys.com/2023/11/outboard-marine-engine-market-hits-5-5-billion/">Outboard Marine Engine Market Hits $5.5 Billion</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading"><strong>GLOBAL REPORT</strong></h5>



<figure class="wp-block-image alignleft size-full"><img loading="lazy" decoding="async" width="140" height="192" src="https://www.powersys.com/wp-content/uploads/2023/08/Michael-Aistrup.jpg" alt="" class="wp-image-10403"/></figure>



<p class="wp-block-paragraph">The global Outboard Marine Engine Market size is estimated at $5.54 billion in 2023, and is expected to reach $8.99 billion by 2035, growing at a CAGR of 4.1% during the forecast period, according to research by Power Systems Research. &nbsp;</p>



<p class="wp-block-paragraph">The COVID-19 outbreak significantly impacted the boat manufacturing industry and caused a decline in recreational activities worldwide, which hurt outboard motor sales. However, in 2021, the market regained momentum due to the easing of restrictions. The market is expected to register healthy growth in the coming years.</p>



<p class="wp-block-paragraph">There are generally three types of boat drives including inboard, outboard, and sterndrive. One obvious distinction among them is their placement of motor in the boat.</p>



<span id="more-10862"></span>



<p class="wp-block-paragraph">Different from an inboard engine that is usually mounted inside the boat and invisible or a sterndrive that is a combination of inboard and outboard engines, an outboard motor refers to the propulsion system fully installed on the outside of the hull, usually mounted to the exterior of the transom to power the boat.</p>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="493" src="https://www.powersys.com/wp-content/uploads/2023/11/Outboard-2-1024x493.jpg" alt="" class="wp-image-10871" srcset="https://www.powersys.com/wp-content/uploads/2023/11/Outboard-2-1024x493.jpg 1024w, https://www.powersys.com/wp-content/uploads/2023/11/Outboard-2-300x144.jpg 300w, https://www.powersys.com/wp-content/uploads/2023/11/Outboard-2-768x370.jpg 768w, https://www.powersys.com/wp-content/uploads/2023/11/Outboard-2-1536x740.jpg 1536w, https://www.powersys.com/wp-content/uploads/2023/11/Outboard-2-2048x986.jpg 2048w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></figure>



<p class="wp-block-paragraph"><em>Source: Power Systems Research</em></p>







<p class="wp-block-paragraph">In addition to offering propulsion, an outboard engine that sits on the boat also offers steering control as it’s built to pivot over its mountings and adjust the thrust’s direction. Often, the outboard motor is the first choice for fishing, recreation, and light commercial inshore boats.</p>



<p class="wp-block-paragraph">There are several demand drivers for the global market, including:</p>



<ul class="wp-block-list">
<li><strong>Overall Economic Growth</strong><strong>. </strong>Rising disposable income has resulted in increased spend on leisure and recreational&nbsp;activities and increasing&nbsp;demand for small and medium-powered boats, which&nbsp;has contributed significantly to the rapid growth of the&nbsp;watercraft industry.​<strong></strong></li>



<li><strong>Rising Sales of Boats. </strong>The global marine outboard engines market is heavily&nbsp;dependent on the demand for powerboats such as pontoon&nbsp;boats, personal watercraft, ski boats, saltwater fishing&nbsp;vessels, and wakeboards.&nbsp;Recreational boat demand increased during COVID years and decreased significantly in 2021 and 2022. But boat demand is forecasted to return to normal growth in 2023.​<strong></strong></li>



<li><strong>Boat/Engine Suppliers are increasingly&nbsp;emphasizing new products</strong><strong>​. </strong>Manufacturers are increasingly integrating advanced technologies, such as IoT, AI and smart sensors into their boats providing users with features such as GPS tracking, automatic controls and smart connect.<strong></strong></li>



<li><strong>Rapidly growing water tourism industry. </strong>Rising watersports and boating activities are increasing the demand for outboard engines.&nbsp;The U.S. is witnessing significant growth in product&nbsp;demand from marine industry due to many&nbsp;activities like sightseeing, voyages, swimming,&nbsp;nature observation and entertaining.&nbsp;<strong></strong></li>
</ul>



<p class="wp-block-paragraph">It’s important to note that the electric and hybrid-electric power systems we see in vehicles designed for use on land will unlikely be mirrored in the marine world, at least not&nbsp;in the near term especially with higher hp engines.</p>



<p class="wp-block-paragraph">On small boats the power and range limitations aren’t too problematic and small electric outboards have continued to gain ground. But for larger boats travelling long&nbsp;distances, this remains a big problem to overcome. On larger boats, internal combustion outboards aren’t likely to go away any time soon.&nbsp;​ <strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Michael Aistrup is Senior Analyst</em> <em>at Power Systems Research</em></p>The post <a href="https://www.powersys.com/2023/11/outboard-marine-engine-market-hits-5-5-billion/">Outboard Marine Engine Market Hits $5.5 Billion</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<title>2023 Cannes Yachting Festival Sets Records</title>
		<link>https://www.powersys.com/2023/10/2023-cannes-yachting-festival-sets-records/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Mon, 23 Oct 2023 15:57:33 +0000</pubDate>
				<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Pleasure Craft Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=10792</guid>

					<description><![CDATA[<p>EUROPE REPORT The 46th Cannes Yachting Festival was the largest one ever, hosting 610 exhibitors and 705 boats. The Cannes Yachting Festival remains the largest and the most visited European pleasure boat show organized on the water. The show’s organizers said the event has never hosted that many motor and sailing, mono and multi hulls,</p>
The post <a href="https://www.powersys.com/2023/10/2023-cannes-yachting-festival-sets-records/">2023 Cannes Yachting Festival Sets Records</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading"><strong>EUROPE REPORT<br></strong></h5>



<figure class="wp-block-image alignleft size-full"><img loading="lazy" decoding="async" width="140" height="192" src="https://www.powersys.com/wp-content/uploads/2019/06/Natasa-Mulahalilovic.jpg" alt="Natasa Mulahalilovic" class="wp-image-821"/><figcaption class="wp-element-caption">Natasa Mulahalilovic</figcaption></figure>



<p class="wp-block-paragraph">The 46<sup>th</sup> Cannes Yachting Festival was the largest one ever, hosting 610 exhibitors and 705 boats. The Cannes Yachting Festival remains the largest and the most visited European pleasure boat show organized on the water.</p>



<p class="wp-block-paragraph">The show’s organizers said the event has never hosted that many motor and sailing, mono and multi hulls, outboard boats, ribs and semi-rigid boats, tenders, electric, hydro-foiling, and other types of boats.&nbsp;</p>



<p class="wp-block-paragraph">The show ran Sept. 12-17, offering six days of meetings and exchange with boat builders, engine and equipment manufacturers, designers and architects and other professionals from the pleasure marine industry.</p>



<p class="wp-block-paragraph">The event hosted by a beautiful Mediterranean Cannes attracted 55,000 visitors coming from more than 130 worldwide countries. As usual, it was organized in two locations in the city, Vieux Port and Port Conto des Cannes. Motorboats and yachts in all sizes and with all propulsion types were displayed at the Vieux Port and sailing yachts and catamarans at the Port Canto des Cannes.</p>



<span id="more-10792"></span>



<p class="wp-block-paragraph">The Vieux Port, including Palais des Festival, hosted 540 motor boats and yachts this year. Brands with a long international presence have taken place into the event, as Azimut-Bennetti Group, Ferretti Group, San Lorenzo Group, Princess Yachts, Fairline, Sunseeker, Pershing, Sirena Yachts, Arcadia, Galeon, Cranchi, Marex, Windy, etc. More than 70 yachts over 22 meters have had the highest level of visits.</p>



<p class="wp-block-paragraph">The “Green Route” grouped all motorboat builders and technologically advanced companies moving to carbon free recreational boating. Representatives of Power Systems Research met with manufacturers such as Candela, Edorado, Elvene, Cosmopolitan Yachts, Sunreef and others to learn more about how the industry is converting &nbsp;to electrification.</p>



<p class="wp-block-paragraph">Marine propulsion engine and power generation manufacturers, hybrid, electric/battery, alternative fuel solutions developers, such as MAN, Yanmar, FPT Industries, Rolls-Royce MTU, ZF Aftermarket, e-Motion, CmC Marine, Volvo Penta, Fischer Panda, Bellmarine, EPTechnologies, Vulkan, Integrel presented their latest innovations and shared with us their views on the marine pleasure market trends.&nbsp;</p>



<p class="wp-block-paragraph">About 115 sailing boats and catamarans built by Oyster, Southern Yachts, Ice Yachts, Elan, Fountaine Pajot, Dufour, Benneteau Group, Swan, Bali, Catana, Bavaria, Hanse Yachts, Lagoon, Sunreef, Windelo and many others were displayed at Port Canto. Thirty yachts had their world premieres. The most interest was shown in boats driven by sun (solar panels), wind (sails, eoliennes), and water (hydrogeneration), supported by an appropriate pure electric or electric/hybrid drive.</p>



<p class="wp-block-paragraph">The presence of numerus hydro-foiling/electric boats and on-going projects was surprising. In size up to 10 meters and driven by electric engines, hydro-foiling boats are specifically designed to be equally performant and sustainable. They are becoming more popular among the younger generation of boaters since they offer a unique, fast, and clean water experience. <strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is&nbsp;Marine Pleasure Boat Analyst-Europe</em> <em>for Power Systems Research</em></p>The post <a href="https://www.powersys.com/2023/10/2023-cannes-yachting-festival-sets-records/">2023 Cannes Yachting Festival Sets Records</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<title>Cost Increases Cause Losses at HanseYacht Group</title>
		<link>https://www.powersys.com/2023/01/cost-increases-cause-losses-at-hanseyacht-group/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Sun, 22 Jan 2023 15:47:23 +0000</pubDate>
				<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Pleasure Craft Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=9631</guid>

					<description><![CDATA[<p>EUROPEAN REPORT&#160; Cost increases in several areas caused HanseYachts AG to report a loss of EUR 20.72 million (US$25 million) for the fiscal year 2021/2022 ended June 30, 2022. However, because of the great demand during the pandemic for sailing boats and fully complete order books, production increased from 446 to 568 boats, compared to</p>
The post <a href="https://www.powersys.com/2023/01/cost-increases-cause-losses-at-hanseyacht-group/">Cost Increases Cause Losses at HanseYacht Group</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading"><a><strong>EUROPEAN REPORT&nbsp;</strong></a></h5>



<figure class="wp-block-image alignleft size-full is-resized"><img loading="lazy" decoding="async" src="https://www.powersys.com/wp-content/uploads/2019/06/Natasa-Mulahalilovic.jpg" alt="Natasa Mulahalilovic" class="wp-image-821" width="105" height="144"/><figcaption class="wp-element-caption">Natasa Mulahalilovic</figcaption></figure>



<p class="wp-block-paragraph">Cost increases in several areas caused HanseYachts AG to report a loss of EUR 20.72 million (US$25 million) for the fiscal year 2021/2022 ended June 30, 2022. However, because of the great demand during the pandemic for sailing boats and fully complete order books, production increased from 446 to 568 boats, compared to the previous year. </p>



<p class="wp-block-paragraph">Revenues totaled EUR 132,38 million, an increase of 22.8% compared to the previous fiscal year. But, at the same time, costs of materials increased 40.7%, personal expenses climbed 22% and other operating costs increased 58%. All this led to a net loss higher by 130.5% compared to the previous fiscal year.</p>



<p class="wp-block-paragraph">The recent Covid-19 shutdown and worker absenteeism heavily impacted the finances of the group for fiscal year 2021/2022.</p>



<p class="wp-block-paragraph">HanseYacht Group said it will not exhibit this year at BOOT, the biggest indoor pleasure boat trade show held in Dusseldorf, Germany.</p>



<span id="more-9631"></span>



<p class="wp-block-paragraph">The main boat builder’s market, Germany, has not been growing as expected due to high inflation and the uncertain political and economic environment caused by the war in Ukraine. Work in progress had a value of only EUR 8 million, down from €XX the previous year, mainly due to a parts shortage and supplies not being delivered as scheduled. Privilege Catamarans, the French brand acquired just three years ago, recorded a loss of EUR 7.78 million</p>



<p class="wp-block-paragraph">HanseYacht Group was established in 1990 originally producing traditional sailing boats. The builder has rapidly become one of the leading European brands investing in new brands and markets. Norwegian motorboat brand Fjord was acquired in 2005, and the UK sailboat brand Moody one year later. HanseYacht added the main sailboat competitor at the time Dehler in 2009, the luxury motor yachts manufacturer Sealine with the UK origins in 2013, and finally the French builder of ocean-going luxury catamarans Privilege Marine SAS in 2019. The new brand Ryck Yacht, the powerboat with an outboard engine, was introduced at the Cannes Festival in 2021. The group has been listed on the Frankfurt Stock Exchange (EU Regulated market) since 2007.</p>



<p class="wp-block-paragraph">Carrying seven brands in its portfolio, from smaller outboard boats to luxury motor yachts, HanseYacht Group has become one of the most respected German boat builders, the bestselling sailing boat producer in the country and the third largest globally.</p>



<p class="wp-block-paragraph">The group has been taking measures to ensure a healthier year in 2022/2023. The company has worked with its lenders to restructure its finances by setting up new loans and renegotiating existing loans. The luxury catamaran business line was sold in October 2022.</p>



<p class="wp-block-paragraph">HanseYacht is a very popular brand and has a long tradition of offering high-quality boats. Its latest Hanse 510 and 460 models are solid bestsellers, and the company has invested in innovative solutions and is implementing its “Confidence 2026 Strategy,” which is focused on a significantly reorganized management team supported by “high professional experts.” Based on these moves, the group is looking for a much improved outcome in 2022/2023. &nbsp;&nbsp;<strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is Marine Analyst</em> <em>for Power Systems Research</em></p>The post <a href="https://www.powersys.com/2023/01/cost-increases-cause-losses-at-hanseyacht-group/">Cost Increases Cause Losses at HanseYacht Group</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<title>Report from Cannes Yachting Festival 2022</title>
		<link>https://www.powersys.com/2022/09/report-from-cannes-yachting-festival-2022/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Wed, 28 Sep 2022 14:58:07 +0000</pubDate>
				<category><![CDATA[Commercial Vessel Engines]]></category>
		<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Pleasure Craft Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=8967</guid>

					<description><![CDATA[<p>EUROPE REPORT The Cannes Yachting Festival is one of the largest in-water shows in the world, and this year it celebrated its 45th birthday. Founded in 1977, the show normally takes place every September. However, it missed out in 2020 because of Covid-19 restrictions, but it was back in 2021, posting the best performance results</p>
The post <a href="https://www.powersys.com/2022/09/report-from-cannes-yachting-festival-2022/">Report from Cannes Yachting Festival 2022</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading"><strong>EUROPE REPORT</strong><strong></strong></h5>



<figure class="wp-block-image alignleft size-full is-resized"><img loading="lazy" decoding="async" src="https://www.powersys.com/wp-content/uploads/2019/06/Natasa-Mulahalilovic.jpg" alt="Natasa Mulahalilovic" class="wp-image-821" width="105" height="144"/><figcaption>Natasa Mulahalilovic</figcaption></figure>



<p class="wp-block-paragraph">The <strong>Cannes Yachting</strong> <strong>Festival </strong>is one of the largest in-water shows in the world, and this year it celebrated its 45th birthday. Founded in 1977, the show normally takes place every September. However, it missed out in 2020 because of Covid-19 restrictions, but it was back in 2021, posting the best performance results ever.</p>



<p class="wp-block-paragraph">This year, the show was held Sept 6-11, and featured a fleet of about 700 boats, ranging in length from 3 to 50 meters. It included motor and sailing vessels, monohulls and multihulls, inboards, sterndrives and outboards, diesel, petrol, waterjet, hybrid and electric, tenders, RIBs and others displayed in the two main city ports of Le Vieux Port and Port Pierre Canto. This year, more than 56,000 visitors attended the show.</p>



<p class="wp-block-paragraph">The new Polish Sunreef 80 Eco was the star of the festival. The all-electric, fully autonomous luxury catamaran of 23.87 m in length, 164 m2 covered with solar panels, is a unique boat in the industry. This luxury catamaran is equipped with ultra-light batteries with a density of 5.2 kg/kWh. The innovative system is entirely created and produced by the company itself offering the best efficiency in the marine world.</p>



<span id="more-8967"></span>



<p class="wp-block-paragraph">The builder also presented its Sunreef 60 and Sunreef 70 catamarans, standard versions equipped with twin Yanmar 75/110 HP and 180/225 HP respectively. Both models are available in eco versions. Talking with the builder’s representatives we found out that the demand for the whole range of Sunreef motor and sailing catamarans is so high that it is opening shipyards in Turkey and Dubai.</p>



<p class="wp-block-paragraph"><strong>The Motor Segments </strong>of motorboats, sports cruisers, luxury yachts and superyachts are doing well, thanks to the pent-up demand for boats and boating in the previous two years. Boat builder’s order books are full, with many stretching out to 2025.</p>



<p class="wp-block-paragraph">The main issue facing manufacturers, and causing production delays, is a lack of materials and components. Other problems include a lack of production space and a lack of skilled workers. Despite these production issues, most builders of motor yachts and superyachts are happy with the current situation. At the same time, they are less optimistic about their post-2023 order books because of financial and political turbulences.&nbsp;</p>



<p class="wp-block-paragraph">Internationally recognized builders as Azimut-Benetti Group, Ferretti Group, San Lorenzo, Sunseeker, Fairlane, Sirena Yachts, Galeon, De Antonio, Windy, Fjord, Sunreef power and many others displayed their selected yachts in the Vieux Port.&nbsp; Here are some of the most innovative ones that we saw.&nbsp;</p>



<p class="wp-block-paragraph">The Benetti 30M B.Yond Explorer made of aluminum for long distance voyages was one of the most impressive superyachts. It is “the greenest boat” in its class, using a unique e-mode hybrid propulsion system created by Siemens Energy.&nbsp; The auxiliary propulsion system works with electric engines in parallel with two diesel MAN V12-1400 engines.</p>



<p class="wp-block-paragraph">San Lorenzo’s SP110 is the first cruiser from the builder’s “Smart Performance” portfolio and ranks in the top five boats by speed in the world. The hull of the boat is optimized for the hydro jet propulsion. Studies made by the builder show that this type of propulsion has an advantage over a propeller as it is less sensitive to variations in the boat’s weight and therefore more versatile. &nbsp;</p>



<p class="wp-block-paragraph">Arcadia’s Sherpa XL is an open and very innovative yacht of 23.9 meters, promoting slow and greener yachting.&nbsp; It is equipped with solar panels producing up to 2 kW of energy sufficient to power all on-board energy systems. It is powered by two Volvo Penta IPS 1350 engines. Cranchi launched its 20.8 meters flybridge 67 Sessantasette built from hi-tech materials used for the first time in the pleasure boat industry. The new generation boat is powered with two IPS Volvo Penta of 1000 HP engines.</p>



<p class="wp-block-paragraph"><strong>The Sailing Segments </strong>of monohulls, catamarans and superyachts were presented by the main players in the segment such as Beneteau, Jeanneau, Bavaria, Hanse Yachts, Solaris Yachts, Swan, X-Yachts, Fountaine Pajot, Oyster, Lagoon, Bali, Outremer, Neel, Balance, and many others, in the Port Pierre Canto. We saw about 120 sailing yachts, including 20 world premieres.</p>



<p class="wp-block-paragraph">Sailing monohulls and multihulls are more popular than ever. New boat sales have been growing 5% to 10% annually. Bali, Lagoon and Fountaine Pajot manufacture hundreds of yachts per year. They are available in different sizes and finalization levels. Eco friendly versions are offered as well, and installation of solar panels is a common feature. Suitable for private or chartered use, they are sold all over the world. Sales numbers are excellent, but production struggles to keep up as some components purchased on the international market often are not available.&nbsp;</p>



<p class="wp-block-paragraph">The world premieres that we saw included Fountaine Pajot’s Aura 51, eco-friendly 15 meters catamaran equipped with a 2000 W solar panels and an electric engine, using a small generator as a backup. The German Y Yachts displayed for the first time its carbon sailing yachts Y7 and Y9. They are 22-meters and 27.4-meters luxury yachts with hydro drives and solar panels on the sunroof.</p>



<p class="wp-block-paragraph">Mylius Yachts from Italy presented its 23.39 m yacht entirely made of carbon. It is a beautiful, ultra-light and high performance racing sailing boat. It is powered with Yanmar 220 hp engine. Wave from Poland launched its Wave 50 catamaran. It is a hybrid catamaran equipped with two 60 HP Volvo Penta engines and two electric 18.5 kW engines. The builder does not have any production issues since all parts are produced in-house. Slovenian Elan launched its 47 feet performance sailing boat powered with Yanmar 57/80 hp engine. Yearly production is about 60 units. The builder has some concerns about the coming year’s demand, especially for boats ranging in size from 10 to 20 meters, considering the financial challenges Europeans are facing.&nbsp;&nbsp;</p>



<p class="wp-block-paragraph">Windelo is a French family-owned company founded in 2018 with a vision of producing ecologically friendly and fast cruising catamarans. The first boat in the range was the Windelo 50 launched in 2021. This year, the Windelo 54 was launched for the Cannes Yachting Festival. The boat was named European Yacht of the year 2022. The 16.24 meters sailing catamaran is equipped with an electric hybrid drive system having two 20 kW electric engines, a battery bank of 1120 Ah in 48 V and different charging solutions as solar panels up to 4800 W for a complete charge of the batteries, wind turbines of 400 W to charge the battery bank and a hydrogenator that recharges the battery bank in 24 hours when the boat is under sail. Current production capacity is six units per year.</p>



<p class="wp-block-paragraph">The builder is booked until 2025 completing production of 19 new boats. The goal is to produce 25 units per year. Two new models, Windelo 47 and Windelo 57, are planned to be launched in 2023/2024.</p>



<p class="wp-block-paragraph">One extraordinary project is a catamaran under construction shown by the French Modx, a brand of OCEAN development. The boat, scheduled to be launched in July 2023, combines features of performance sailing and renewable energy management in a marine environment. The objective is to create a new generation yacht “reaching full autonomy and zero carbon emission.”</p>



<p class="wp-block-paragraph">The 21.33 meter catamaran combines 250 square meters of inflatable wings propulsion connected to hydrogeneration, 70 square meters of solar panels, a 230 kW.h LFP battery bank, twin electric engines Torqeedo of 40 kW ensuring 2 hours anatomy and two water collectors with 800 L capacity.</p>



<p class="wp-block-paragraph">This is more than just a highly ecologically performance sailing yacht. It is a modern boat with 185 square meters of space and capacity for eight to 10 passengers. The project won the award from the 2022 competition i-Nov7 for Sustainable and Intelligent mobility.</p>



<p class="wp-block-paragraph">Today’s yachts offer more open space, closer contact with the sea, and more enjoyable interiors than ever before. Builders use ecofriendly biomaterials and recycled materials for interiors and lighter materials for super structures to decrease fuel consumption.</p>



<p class="wp-block-paragraph">Builders participate with engine manufacturers in the development of improved performance and sustainable propulsion systems to produce new hybrid and electric propulsion systems. The transition from traditional to&nbsp; “green boating” has started, but more efforts on a large scale must be made before we see real changes. &nbsp;&nbsp;&nbsp;&nbsp;<strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is Marine Analyst – Europe</em>, <em>for Power Systems Research</em></p>The post <a href="https://www.powersys.com/2022/09/report-from-cannes-yachting-festival-2022/">Report from Cannes Yachting Festival 2022</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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		<title>Hybrid Electric-Hydrogen Maritime Propulsion System Being Developed</title>
		<link>https://www.powersys.com/2022/02/8124/</link>
		
		<dc:creator><![CDATA[Natasa Mulahalilovic]]></dc:creator>
		<pubDate>Sun, 20 Feb 2022 14:05:16 +0000</pubDate>
				<category><![CDATA[Marine Auxiliary]]></category>
		<category><![CDATA[Outboard Engines]]></category>
		<category><![CDATA[Europe Office]]></category>
		<guid isPermaLink="false">https://www.powersys.com/?p=8124</guid>

					<description><![CDATA[<p>EUROPE REPORT Germany-based Torqeedo GmbH and Proton Motor Fuel Cell GmbH are jointly developing a hydrogen hybrid propulsion system for the marine industry. The ambitious and innovative project is provisionally named “Ma-Hy-Hy” (Marine Hydrogen Hybrid) and is funded by the Bavarian federal government until 2024. Proton Motor Fuel Cell GmbH specializes in a high-tech innovative,</p>
The post <a href="https://www.powersys.com/2022/02/8124/">Hybrid Electric-Hydrogen Maritime Propulsion System Being Developed</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></description>
										<content:encoded><![CDATA[<h5 class="wp-block-heading" id="europe-report">EUROPE REPORT</h5>



<div class="wp-block-image"><figure class="alignleft size-full is-resized"><img loading="lazy" decoding="async" src="https://www.powersys.com/wp-content/uploads/2019/06/Natasa-Mulahalilovic.jpg" alt="Natasa Mulahalilovic" class="wp-image-821" width="105" height="144"/><figcaption>Natasa Mulahalilovic</figcaption></figure></div>



<p class="wp-block-paragraph">Germany-based Torqeedo GmbH and Proton Motor Fuel Cell GmbH are jointly developing a hydrogen hybrid propulsion system for the marine industry. The ambitious and innovative project is provisionally named “Ma-Hy-Hy” (Marine Hydrogen Hybrid) and is funded by the Bavarian federal government until 2024.</p>



<p class="wp-block-paragraph">Proton Motor Fuel Cell GmbH specializes in a high-tech innovative, climate neutral energy solutions,&nbsp; especially in CO2-neutral and emission-free hydrogen fuel cells and electric hybrid systems for stationary, automotive, rail and maritime applications. Development and production sites are located in the Munich area.</p>



<p class="wp-block-paragraph">Torqeedo GmbH, as a part of the Deutz group, is a market leader in development and production of lithium batteries, solar charging equipment, electric and hybrid drives. It offers outboards and inboards, electric motors and hybrid drive systems ranging from 0,5 to 100 kW on motor level (up to 200 kW on system level).</p>



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<p class="wp-block-paragraph">The Marine Hydrogen Hybrid project complements Torqeedo’s Deep Blue Hybrid range with the Proton fuel cell system to get a carbon-free hybrid electric-hydrogen kit adaptable to different categories of commercial ships and recreational boats.</p>



<p class="wp-block-paragraph">The system specifications include:</p>



<ul class="wp-block-list"><li>fuel cell with a power between 30 and 120 kW</li><li>battery pack between 40 and 160 kWh</li><li>electric motor offering 50 and 200 kW of power</li><li>variable hydrogen storage capacity</li></ul>



<p class="wp-block-paragraph">Partners will mutually work on industrialization, marketing, and sales solutions of the output after its validation.</p>



<p class="wp-block-paragraph">The Bavarian government&nbsp; selected the project for funding as the new propulsion system can be&nbsp; implemented in both, inland and offshore maritime sectors, globally contributing to sustainable and “zero-emission” maritime energy transition.</p>



<p class="wp-block-paragraph"><a href="https://www.proton-motor.de/">Read Proton-Motor</a>, <a href="https://www.torqeedo.com/en/home">Read Torqeedo</a>, <a href="https://www.electrichybridmarinetechnology.com/news/battery-technology/proton-motor-receives-fuel-cell-order.html">Read ElectricHybrid</a>, <a href="https://www.proton-motor.de/en/maritime-mobility-proton-motor-fuel-cell-and-torqeedo-collaborate-on-new-ma-hy-hy-project/">Read Proton-Motor</a></p>



<p class="wp-block-paragraph"><strong><em>PSR Analysis: </em></strong>Germany and its states work hard to develop and implement an advanced hydrogen strategy, investing €8 billion in hydrogen projects.&nbsp; The country is working to become an international leader in production and exportation of a green energy technologies, focusing on green hydrogen. <strong>PSR</strong></p>



<p class="wp-block-paragraph"><em>Natasa Mulahalilovic is Finance and Administration Manager – Europe, for Power Systems Research</em></p>The post <a href="https://www.powersys.com/2022/02/8124/">Hybrid Electric-Hydrogen Maritime Propulsion System Being Developed</a> first appeared on <a href="https://www.powersys.com">Power Systems Research</a>.]]></content:encoded>
					
		
		
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