The upstream of the outboard engine industry is the manufacturing of raw materials and spare parts, including steel, non-ferrous metals, internal combustion engines, gearboxes, thrusters, electric motors, etc. The downstream of the outboard engine industry chain involves the shipbuilding industry, mainly used in fields such as yachts and sailboats, and can be used for leisure and entertainment, commercial operations, military and maritime activities.
With the growth of the global economy, the increase in personal income, and changes in personal consumption habits, the growth trend of the global outboard aircraft market is stable. In recent years, with the development of China's aquatic tourism and leisure industry and the country's emphasis on maritime rights, government departments at all levels in China have provided significant policy support for the development of shipbuilding related industries. For example, the National Development and Reform Commission has listed high-performance ships such as luxury yachts, luxury cruise ships, marine supervision ships, and small water surface catamarans belonging to the shipbuilding industry as encouraged projects; The Ministry of Industry and Information Technology proposes to cultivate brand products such as luxury yachts, tourist boats, and government boats; China has also proposed to actively develop marine tourism, support the localization of tourism equipment manufacturing such as cruise ships and yachts, and actively develop cruise ship and yacht tourism. Under the guidance of policies, China's yacht industry will enter a stage of rapid development.
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