Small Gas Engines Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Small Gas Engines Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Small Gas Engine Market
The small gas engine market size was valued at USD 2.70 billion in 2023, and the market is now projected to grow from USD 2.85 billion in 2024 to USD 4.39 billion by 2032, exhibiting a CAGR of 5.5% during the forecast period of 2024-2032.
The outbreak of COVID-19 particularly disrupted the small gas engine market through disruptions of the supply chain, closures of factories and reduced demand across several segments. Small gas engines were affected negatively because of lockdowns through downsizing operations that include landscaping, agricultural production as well as construction projects. Also, imputes of raw materials and transportation hiccups affected production as it raised cost. However, such negative effects gradually improved due to increased demand for outdoor power equipment during freedom resulting in home improvement activities. This caused the gradual but reserved invasion post-pandemic of the small gas engine market.
The minuscule gas engine market is in the process of transition to higher efficiency and environmentally sound designs. Current environmental standards require engines that have low emission rates, and there is constant pressure for conversion to environmentally friendly products. Concerning specific type of equipments portable power equipment is also desired especially for residential and recreational purposes. These trends suggest the move towards environmentally superior and functionally superior as well as fulfilling both the business end user requirements. Thus, all the above mentioned factors are contributing towards the small gas engine market growth.
The market for small gas engines is buoyed by increasing use for it in the construction, agriculture, and landscaping industries because of the equipment that is powered by these engines. Several factors such as rising population and urbanization, along with the rise in infrastructure sectors, increase the requirement for powerful and small engine. Also, the increased tendency of going out in the outdoors, such as camping and boating, energizes the demand for portable power. Another major factor is technological changes embraced in the industry involving betterment of fuel efficiency and meeting the environment standards. In proportion to these propounding influences, the industry continues to experience growth in the small gas engine market in various economic sectors as well as innovative changes.
Comprehensive Analysis Small Gas Engine Market
Small gas engine can be divided in type, equipment and its application available in nature. The engines range from 20-100CC, 101-450 CC, and 451-650 CC classes which deliver differing level of powers for its application purposes. As for the equipment, we are talking about lawnmowers, chainsaws, leaf blowers, pressure washers and other tools, portable generators. From the point of view of application, the market is oriented to the construction industry for the use of engines for machinery; to the industrial sphere for the availability of reliable engines for equipment; and to landscaping with small engines for mowing lawns and performing other landscaping work. Every one of them is targeted at certain market and is aimed at specific trends and growth.
As of now, the market of small gas engine is most dominant in North America due to its increasing uses in various sectors mainly in construction, landscaping and for recreational purposes. North America after dominating the global market, the United States of America and Canada lead the market growth due to a higher demand for outdoor power equipment and machinery. Furthermore, it has technological enhancement, robust manufacturing industry, and environmental rules that promote the use of outstanding engines. As infrastructure development continues to progress and outdoor recreation being up and coming, North America is said to be influential in the small gas engine market.
Key players in this sector include Briggs & Stratton Corporation (U.S.), Kohler Co. (U.S.), Yamaha Motor Corp. (Japan), Kawasaki Heavy Industries (Japan), Kubota Corporation (Japan), Liquid Combustion Technology (U.S.), Kipor Power (China), Champion Power Equipment (U.S.), Subaru Industrial Power Products (U.S.), Lifan Power (U.S.), Maruyama Mfg. Co. Inc (Japan)
The market trends of small gas engine products in 2024 are as follows: They have been using environmental innovations like engines that emit low emissions and have better fuel economy to meet environment safeguards. Current advancements also portray blend of gas and electric power as more performing and environmentally friendly. Also, there is an indication of the manufacturing of smart engines for better monitoring and maintenance installs, with the IoT technology. These trends are
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2019-2032
Base Year
2023
Estimated Year
2024
Forecast Period
2024-2032
Historical Period
2019-2022
Growth Rate
CAGR of 5.5% from 2024 to 2032
Unit
Value (USD Billion)
Segmentation
By Type
20-100 CC
101-450 CC
451-650 CC
By Equipment
Lawnmower
Chainsaw
Leaf Blower
Pressure Washer
Portable Generator
Others
By Application
Construction
Industrial
Gardening
By Region
North America (By Type, By Equipment, By Application, By Country)
- U.S. (By Application)
- Canada (By Application)
- U.K. (By Application)
- France (By Application)
- Spain (By Application)
- Germany(By Application)
- Italy (By Application)
- Rest of Europe (By Application)
- China (By Application)
- India (By Application)
- Japan (By Application)
- Southeast Asia (By Application)
- Rest of Asia Pacific (By Application)
- Brazil (By Application)
- Mexico (By Application)
- Rest of Latin America (By Application)
- GCC (By Application)
- Saudi Africa (By Application)
- Rest of Middle East & Africa (By Application)
Table of Contents
180 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Porters Five Forces Analysis
- 4.5. Impact of COVID-19 on the Small Gas Engine Market
- 5. Global Small Gas Engine Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. 20-100 CC
- 5.2.2. 101-450 CC
- 5.2.3. 451-650 CC
- 5.3. Market Analysis, Insights and Forecast – By Equipment
- 5.3.1. Lawn Mower
- 5.3.2. Chainsaw
- 5.3.3. Leaf Blower
- 5.3.4. Portable Generator
- 5.3.5. Pressure Washer
- 5.3.6. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Construction
- 5.4.2. Industrial
- 5.4.3. Gardening
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East & Africa
- 6. North America Small Gas Engine Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. 20-100 CC
- 6.2.2. 101-450 CC
- 6.2.3. 451-650 CC
- 6.3. Market Analysis, Insights and Forecast – By Equipment
- 6.3.1. Lawn Mower
- 6.3.2. Chainsaw
- 6.3.3. Leaf Blower
- 6.3.4. Portable Generator
- 6.3.5. Pressure Washer
- 6.3.6. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Construction
- 6.4.2. Industrial
- 6.4.3. Gardening
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S. Market Analysis, Insights and Forecast – By Application
- 6.5.1.1. Construction
- 6.5.1.2. Industrial
- 6.5.1.3. Gardening
- 6.5.2. Canada Market Analysis, Insights and Forecast – By Application
- 6.5.2.1. Construction
- 6.5.2.2. Industrial
- 6.5.2.3. Gardening
- 7. Europe Small Gas Engine Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. 20-100 CC
- 7.2.2. 101-450 CC
- 7.2.3. 451-650 CC
- 7.3. Market Analysis, Insights and Forecast – By Equipment
- 7.3.1. Lawn Mower
- 7.3.2. Chainsaw
- 7.3.3. Leaf Blower
- 7.3.4. Portable Generator
- 7.3.5. Pressure Washer
- 7.3.6. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Construction
- 7.4.2. Industrial
- 7.4.3. Gardening
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. U.K Market Analysis, Insights and Forecast – By Application
- 7.5.1.1. Construction
- 7.5.1.2. Industrial
- 7.5.1.3. Gardening
- 7.5.2. Germany Market Analysis, Insights and Forecast – By Application
- 7.5.2.1. Construction
- 7.5.2.2. Industrial
- 7.5.2.3. Gardening
- 7.5.3. France Market Analysis, Insights and Forecast – By Application
- 7.5.3.1. Construction
- 7.5.3.2. Industrial
- 7.5.3.3. Gardening
- 7.5.4. Spain Market Analysis, Insights and Forecast – By Application
- 7.5.4.1. Construction
- 7.5.4.2. Industrial
- 7.5.4.3. Gardening
- 7.5.5. Italy Market Analysis, Insights and Forecast – By Application
- 7.5.5.1. Construction
- 7.5.5.2. Industrial
- 7.5.5.3. Gardening
- 7.5.6. Rest of Europe Market Analysis, Insights and Forecast – By Application
- 7.5.6.1. Construction
- 7.5.6.2. Industrial
- 7.5.6.3. Gardening
- 8. Asia Pacific Small Gas Engine Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. 20-100 CC
- 8.2.2. 101-450 CC
- 8.2.3. 451-650 CC
- 8.3. Market Analysis, Insights and Forecast – By Equipment
- 8.3.1. Lawn Mower
- 8.3.2. Chainsaw
- 8.3.3. Leaf Blower
- 8.3.4. Portable Generator
- 8.3.5. Pressure Washer
- 8.3.6. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Construction
- 8.4.2. Industrial
- 8.4.3. Gardening
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China Market Analysis, Insights and Forecast – By Application
- 8.5.1.1. Construction
- 8.5.1.2. Industrial
- 8.5.1.3. Gardening
- 8.5.2. India Market Analysis, Insights and Forecast – By Application
- 8.5.2.1. Construction
- 8.5.2.2. Industrial
- 8.5.2.3. Gardening
- 8.5.3. Japan Market Analysis, Insights and Forecast – By Application
- 8.5.3.1. Construction
- 8.5.3.2. Industrial
- 8.5.3.3. Gardening
- 8.5.4. Southeast Asia Market Analysis, Insights and Forecast – By Application
- 8.5.4.1. Construction
- 8.5.4.2. Industrial
- 8.5.4.3. Gardening
- 8.5.5. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Application
- 8.5.5.1. Construction
- 8.5.5.2. Industrial
- 8.5.5.3. Gardening
- 9. Latin America Small Gas Engine Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. 20-100 CC
- 9.2.2. 101-450 CC
- 9.2.3. 451-650 CC
- 9.3. Market Analysis, Insights and Forecast – By Equipment
- 9.3.1. Lawn Mower
- 9.3.2. Chainsaw
- 9.3.3. Leaf Blower
- 9.3.4. Portable Generator
- 9.3.5. Pressure Washer
- 9.3.6. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Construction
- 9.4.2. Industrial
- 9.4.3. Gardening
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil Market Analysis, Insights and Forecast – By Application
- 9.5.1.1. Construction
- 9.5.1.2. Industrial
- 9.5.1.3. Gardening
- 9.5.2. Mexico Market Analysis, Insights and Forecast – By Application
- 9.5.2.1. Construction
- 9.5.2.2. Industrial
- 9.5.2.3. Gardening
- 9.5.3. Rest of Latin America Market Analysis, Insights and Forecast – By Application
- 9.5.3.1. Construction
- 9.5.3.2. Industrial
- 9.5.3.3. Gardening
- 10. Middle East & Africa Small Gas Engine Market Analysis (USD Billion), Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. 20-100 CC
- 10.2.2. 101-450 CC
- 10.2.3. 451-650 CC
- 10.3. Market Analysis, Insights and Forecast – By Equipment
- 10.3.1. Lawn Mower
- 10.3.2. Chainsaw
- 10.3.3. Leaf Blower
- 10.3.4. Portable Generator
- 10.3.5. Pressure Washer
- 10.3.6. Others
- 10.4. Market Analysis, Insights and Forecast – By Application
- 10.4.1. Construction
- 10.4.2. Industrial
- 10.4.3. Gardening
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC Market Analysis, Insights and Forecast – By Application
- 10.5.1.1. Construction
- 10.5.1.2. Industrial
- 10.5.1.3. Gardening
- 10.5.2. South Africa Market Analysis, Insights and Forecast – By Application
- 10.5.2.1. Construction
- 10.5.2.2. Industrial
- 10.5.2.3. Gardening
- 10.5.3. Rest of Middle East & Africa Market Analysis, Insights and Forecast – By Application
- 10.5.3.1. Construction
- 10.5.3.2. Industrial
- 10.5.3.3. Gardening
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2023
- 11.2. Company Profile
- 11.2.1. Honda Motor Co., Ltd.
- 11.2.1.1. Business Overview
- 11.2.1.2. Product & Service Offering
- 11.2.1.3. Overall Revenue
- 11.2.1.4. Recent Development
- 11.2.2. Briggs & Stratton Corporation
- 11.2.2.1. Business Overview
- 11.2.2.2. Product & Service Offering
- 11.2.2.3. Overall Revenue
- 11.2.2.4. Recent Development
- 11.2.3. Kohler Co.
- 11.2.3.1. Business Overview
- 11.2.3.2. Product & Service Offering
- 11.2.3.3. Overall Revenue
- 11.2.3.4. Recent Development
- 11.2.4. Yamaha Motor Corp.
- 11.2.4.1. Business Overview
- 11.2.4.2. Product & Service Offering
- 11.2.4.3. Overall Revenue
- 11.2.4.4. Recent Development
- 11.2.5. Kawasaki Heavy Industries
- 11.2.5.1. Business Overview
- 11.2.5.2. Product & Service Offering
- 11.2.5.3. Overall Revenue
- 11.2.5.4. Recent Development
- 11.2.6. Kubota Corporation
- 11.2.6.1. Business Overview
- 11.2.6.2. Product & Service Offering
- 11.2.6.3. Overall Revenue
- 11.2.6.4. Recent Development
- 11.2.7. Liquid Combustion Technology
- 11.2.7.1. Business Overview
- 11.2.7.2. Product & Service Offering
- 11.2.7.3. Overall Revenue
- 11.2.7.4. Recent Development
- 11.2.8. Kipor Power
- 11.2.8.1. Business Overview
- 11.2.8.2. Product & Service Offering
- 11.2.8.3. Overall Revenue
- 11.2.8.4. Recent Development
- 11.2.9. Champion Power Equipment
- 11.2.9.1. Business Overview
- 11.2.9.2. Product & Service Offering
- 11.2.9.3. Overall Revenue
- 11.2.9.4. Recent Development
- 11.2.10. Sabaru
- 11.2.10.1. Business Overview
- 11.2.10.2. Product & Service Offering
- 11.2.10.3. Overall Revenue
- 11.2.10.4. Recent Development
- 11.2.11. Lifan Power
- 11.2.11.1. Business Overview
- 11.2.11.2. Product & Service Offering
- 11.2.11.3. Overall Revenue
- 11.2.11.4. Recent Development
- 11.2.12. Maruyama Mfg. Co. Inc
- 11.2.12.1. Business Overview
- 11.2.12.2. Product & Service Offering
- 11.2.12.3. Overall Revenue
- 11.2.12.4. Recent Development
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
