Small Gas Engines Market by Equipment (Lawnmower, Chainsaw, String Trimmer, Hedge Trimmer, Portable Generator), Displacement (20-100cc, 101-400cc, 401-650cc), End-User (Gardening, Industrial, Construction), Region - Global Forecast to 2028
The global small gas engines market in terms of revenue was estimated to be worth USD 3.3 billion in 2023 and is poised to reach USD 4.3 billion by 2028, growing at a CAGR of 5.4% from 2023 to 2028.
The small gas engines market has promising growth potential due to the rising deployment of lawn mowers.
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Market Trends
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Market Dynamics
Driver: Rising Demand for outdoor power equipment
Outdoor power equipment is sold to commercial landscapers, rental yards, and institutions such as colleges and hospitals. The small gas engines market is mainly driven by the growing demand for outdoor equipment by homeowners for landscaping services. In the landscape industry, a wide range of outdoor power equipment such as lawn mowers, hedge trimmers, blowers, and saws are used in landscaping activities that include lawn maintenance, hardscaping, tree care lawn renovation, and snow removal. The manufacturing of these equipment has increased the demand for small gas engines.
Restraints: Stricter Co2 emissions regulations
According to the International Energy Agency, the global economy is assumed to grow by about 3% on average by 2050. Economies will require an increasingly higher amount of energy to sustain their economic growth. Energy demand, as a result, is expected to swell. According to the International Energy Agency 2020 World Energy Outlook, the global energy demand will increase by 27% by 2040. This demand, combined with the growing awareness of global warming, has shifted the focus to clean, cost-effective, and efficient energy generation. Governments and environmental agencies have implemented various regulations and limits for greenhouse gas emissions. For instance, the UAE pledged to limit emissions and increase the share of clean energy in the energy mix to 24% by 2021, up from 0.2% in 2014. Canada has also pledged to cut its greenhouse gas emissions by 40–45% by 2028.
Opportunities: Increasing focus on production of standard regulated small gas engines
According to the EPA, small engines will emit about one-third times fewer hydrocarbons under the new standards. The regulations aim to control running losses and permeation losses from fuel systems. Nevertheless, permeation is only one method by which fuel vapors are released. Evaporative emissions occur both when an engine is running and when the engine is not running owing to daily temperature variations. The government is banning small gas engines from 2024, which do not meet the regulation standard set by EPA. Each equipment builder or manufacturer is now focusing on the control of evaporative emissions from fuel systems and equipment certified with the EPA. To limit evaporative emissions, these manufacturers use a variety of technologies, ranging from specific hoses to fuel caps on sealed fuel tanks to carbon canisters and vapor control valves.
Challenges: Frequent maintenance of small gas engines
Frequent maintenance of small gas engines is a major challenge. Avoiding normal engine maintenance can lead to the need for extensive engine repair. Low oil levels can cause an engine seizure, necessitating an engine rebuild or replacement. Failure to change the engine oil and check/clean/replace the air filter regularly can result in rapid engine wear, particularly if the lawn mower is utilized in dusty conditions. Small gas engines are not difficult to maintain but they are time-consuming.
By engine displacement, 101 cc–400 cc segment to witness largest market share during forecast period
The 101 cc–400 cc segment is expected to witness the largest market share from 2023 to 2028, as it witnesses higher demand for concrete screeds, cement mixer and other construction equipment in the North America, which drives the growth of the 101 cc–400 cc segment during the forecasted period.
By equipment, snow blowers segment to witness fastest CAGR during forecast period
By equipment, snow blowers segment will be the fastest growing segment during the forecast period. The segment's growth is attributed to increasing demand of snow blowers in North American Countries Canada due to heavy snow fall.
By end-user, gardening segment to witness largest market share during forecast period
The gardening segment is expected to witness the largest market share from 2023 to 2028, as it witnesses increasing government initiatives in the clean green gardens in Europe.
North America is expected to be the largest market during the forecast period.
North America is expected to be the largest market share in the small gas engines market during the forecast period. The growth of the North America small gas engine market is characterized by The growing demand from the gardening industry and large-scale small gas engine projects mainly drive the growth of the small gas engine market in this region.
Key Market Players
The major players in the global small gas engines market are Briggs & Stratton (US), Honda Motor Co., Ltd. (Japan), Kohler Co. (US), Kawasaki Heavy Industries, Ltd. (Japan), Yamaha Motor Corporation (Japan), KUBOTA Corporation, Liquid Combustion Technology, LLC (US).
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Report Metric |
Details |
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Market size available for years |
2021–2028 |
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Base year considered |
2022 |
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Forecast period |
2023–2028 |
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Forecast units |
Value (USD) |
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Segments covered |
Engine displacement, equipment and end-user |
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Geographies covered |
Europe, Asia Pacific, North America, South America and Middle East & Africa |
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Companies covered |
Briggs & Stratton (US), Honda Motor Co., Ltd. (Japan), Kohler Co. (US), Kawasaki Heavy Industries, Ltd. (Japan), Yamaha Motor Corporation (Japan), KUBOTA Corporation, Liquid Combustion Technology, LLC (US), KIPOR (Japan), Champion Power Equipment (US), Fuzhou Launtop M&E Co., Ltd. (China), Loncin Holdings Co. (China), MARUYAMA MFg., Co.Inc. (Japan), Fujian Jinjiang Sanli Engine Co., Ltd. (China), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), CHONGQING RATO HOLDING (GROUP) CO., LTD. (China), Koki Holdings Co., Ltd. (Japan), Generac Power Systems, Inc. (US), Sinoquip Power (China), Lifan Power (US), Chongqing Winyou Power Co., Ltd. (China), Lombardini Srl (Italy)
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This research report categorizes the market by engine displacement, equipment, end-user and regions.
On the basis of engine displacement, the small gas engines market has been segmented as follows:
- 20 cc–100 cc
- 101 cc– 400 cc
- 401 cc– 650 cc
On the basis of equipment, the small gas engine market has been segmented as follows:
- Chainsaws
- Tillers
- Hedge Trimmers
- String Trimmers
- Concrete Vibrators
- Concrete Screeds
- Lawn mowers
- Leaf Blowers
- Snow Blowers
- Portable generators
- Pressure Washer
- Edgers
- Others
On the basis of end-user, the small gas engine market has been segmented as follows:
- Gardening
- Construction
- Industrial
- Others
On the basis of region, the small gas engine market has been segmented as follows:
- Europe
- Asia Pacific
- North America
- South America
- Middle East & Africa
Recent Developments
- In January 2023, Briggs & Stratton, which is the largest producer of gasoline engines for outdoor power equipment, moved its engine component production to Auburn.
- In June 2022, MITSUBISHI HEAVY INDUSTRIES ENGINEERING, LTD. and Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), the two group companies of MITSUBISHI HEAVY INDUSTRIES, Ltd. (MHI), began the demonstration testing of MHIENG's CO2 capture technology in MHIET's gas engine generating sets. The testing was an essential component of MHI Group's goal of reaching carbon neutrality through its "MISSION NET ZERO" initiative and would play a vital role in achieving decarbonization in any industry.
- In June 2022, Briggs & Stratton partnered with AWEV Solutions Pvt. Ltd., which is an innovative developer of mobility products & solutions. Briggs & Stratton provided its innovative conversions of internal combustion engine vehicles to electric power.
- In April 2021, Alliant Energy partnered with Kohler Co. to develop a 2.25 MW ground-mounted solar system on Kohler's headquarters property in Kohler, Wisconsin. The sustainable energy cooperation will serve 580 houses with clean energy each year. The Kohler Solar Field was scheduled to be completed by the end of 2021.
Frequently Asked Questions (FAQ):
What is the current size of the small gas engines market?
The current market size of the global small gas engines market is estimated at USD 3.3 billion in 2023.
What are the major drivers for the small gas engines market?
Growing construction industry
Which is the fastest-growing region during the forecasted period in the small gas engines market?
The Asia Pacific small gas engines market is estimated to be the second largest and the fastest-growing region, during the forecast period.
Which is the fastest-growing segment, by equipment during the forecasted period in the small gas engines market?
The snow blowers segment is estimated to be the fastest-growing segment, by equipment.
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This study involved four major activities in estimating the current size of the small gas engines market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through rigorous primary research. Both top-down and bottom-up approaches were used to estimate the total market size. The market breakdown and data triangulation techniques were employed to estimate the market size of the segments and the corresponding subsegments.
Secondary Research
1This research study involved the use of extensive secondary sources, directories, and databases such as industry publications, several newspaper articles, Statista Industry Journal, and UNESCO Institute of Statistics to identify and collect information useful for a technical, market-oriented, and commercial study of the utility communication market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research
Primary sources included several industry experts from core and related industries, preferred suppliers, manufacturers, service providers, technology developers, and organizations related to all the segments of the nuclear industry. In-depth interviews were conducted with various primary respondents, including key industry participants, subject matter experts (SME), C-level executives of the key market players, and industry consultants, among other experts, to obtain and verify qualitative and quantitative information, as well as to assess the prospects of the market. The breakdown of primary respondents is given below:
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Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of the global small gas engine market and its dependent submarkets. These methods were also extensively used to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market have been identified through extensive secondary research, and their market shares in the respective regions have been determined through both primary and secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Global Small gas engines Market Size: Bottom-Up Approach
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Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the small gas engine market.
Objectives of the Study
- To forecast and describe the small gas engines market size, by engine displacement, equipment, end-user, and region, in terms of value
- To provide detailed information regarding the major drivers, restraints, opportunities, and challenges influencing the growth of the market
- To estimate the size of the market in terms of value
- To strategically analyze micro markets with respect to individual growth trends, prospects, future expansions, and contributions to the overall market
- To provide post-pandemic estimation for the market and analyze the impact of the pandemic on the overall market and value chain
- To forecast the growth of the small gas engines market with respect to five major regions, namely, North America, Europe, Asia Pacific, South America and Middle East & Africa
- To analyze market opportunities for stakeholders and the competitive landscape for market leaders
- To strategically profile key players and comprehensively analyze their respective market shares and core competencies
- To analyze competitive developments such as investments & expansions, contracts & agreements, and joint ventures & collaborations in the market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to your specific needs. The following customization options are available for the report:
Company Information
- Product Matrix, which provides a detailed comparison of the product portfolio of each company
Company Information
- Detailed analysis and profiling of additional market players
Generating Response ...
Growth opportunities and latent adjacency in Small Gas Engines Market