Sat. Jul 20th, 2024
Small Gas Engines Market

The new report by Expert Market Research titled, ‘Global Small Gas Engines Market Share, Report and Forecast 2022-2027’, gives an in-depth analysis of the global small gas engines market, assessing the market based on its segments like equipment, displacements, end-uses, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2021): USD 2.86 billion
  • Forecast CAGR (2022-2027): 1%
  • Forecast Market Size (2027): USD 3.64 billion

The global market for small gas engines is being driven by the rising use of small sized engines in lawn mowers, leaf blowers, and snow blowers, among others. The ability of small engines to provide propulsion, drive wheels, and turn blades for clearing grass or snow are some factors positively influencing the market growth.

In addition, there has been a significant rise in gardening activities during the recent years, which was further propelled by the lockdown induced as a result of the COVID-19 pandemic in 2020. Furthermore, technological improvements in small gas engine technology by leading industry players are factors which are further adding to the industry growth.

Industry Definition and Segmentation

Small gas engines are low powered internal combustion engines that carry a displacement rate of 20cc to 650cc and are equipped with systems like fuel, exhaust, ignition, combustion, cooling, and lubrication, among others. Small engines are popularly used in equipment such as lawn mowers, chainsaws, leaf and snow blowers, and concrete mixers, among others.

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On the basis of equipment, the market can be segmented into:

  • Lawn Mower
  • Chainsaw
  • String Trimmer
  • Hedge Trimmer
  • Portable Generator
  • Rotary Tiller
  • Pressure Washer
  • Concrete Vibrators
  • Concrete Screed
  • Edger
  • Leaf Blower
  • Snow Blower
  • Others

Based on engine displacement, the market can be categorised into:

  • 20 cc–100 cc
  • 101 cc–400 cc
  • 401 cc–650 cc

The market, based on end-use, can be divided into:

  • Residential
  • Construction
  • Industrial
  • Commercial
  • Others

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The rise in the global market for small gas engines can be associated with the flourishing construction industry. Small gas engines are used as outdoor power equipment in concrete mixers in the construction industry.

In addition, the rise in commercial and residential construction projects during the past years has been a significant factor pushing the market growth of small gas engines. Furthermore, with stringent emission norms and the development of technologies like engine boosting, gasoline direct injection (GDI), and homogenous charge compression ignition (HCCI), among others, along with the incremental use in biofuels, the market is expected to witness a surge in the forecast period.

Key Market Players

The major players in the market are Briggs And Stratton Corporation, Kohler Co., Kawasaki Heavy Industries, Ltd., Kipor Power, and Fuzhou Launtop M&E Co., Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Contact Person: Sophia Grace, Business Consultant
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