Small Gas Engines Market

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

Report Code: EP 5075 Mar, 2023, by marketsandmarkets.com

The global small gas engines market in terms of revenue was estimated to be worth $3.3 billion in 2023 and is poised to reach $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.

Small Gas Engines Market

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Market Trends

Small Gas Engines Market

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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.

Small Gas Engines Market Size, and Share

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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Scope of the Report

Report Metric

Details

Market size available for years

2021–2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD)

Segments covered

Engine displacement, equipment and end-user

Geographies covered

Europe, Asia Pacific, North America, South America and Middle East & Africa

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)

 

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):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 23)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 SMALL GAS ENGINES MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONAL SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 LIMITATIONS 
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
    1.8 IMPACT OF RECESSION 
 
2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA 
           FIGURE 1 SMALL GAS ENGINE MARKET: RESEARCH DESIGN
    2.2 RESEARCH DATA 
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Breakdown of primary interviews
                               FIGURE 2 BREAKDOWN OF PRIMARIES
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 3 SMALL GAS ENGINE MARKET: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET: TOP-DOWN APPROACH
           2.3.3 DEMAND-SIDE METRICS
                    FIGURE 5 METRICS CONSIDERED FOR ANALYZING DEMAND FOR SMALL GAS ENGINES
                    2.3.3.1 Assumptions for demand-side analysis
                    2.3.3.2 Calculations for demand-side analysis
           2.3.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF SMALL GAS ENGINES
                    FIGURE 7 SMALL GAS ENGINE MARKET: SUPPLY-SIDE ANALYSIS
                    2.3.4.1 Supply-side calculation
                    2.3.4.2 Assumptions for supply side
                    2.3.4.3 Assumptions and calculations
    2.4 FORECAST 
    2.5 IMPACT OF RECESSION 
 
3 EXECUTIVE SUMMARY (Page No. - 39)
    TABLE 1 SMALL GAS ENGINE MARKET: SNAPSHOT 
    FIGURE 8 NORTH AMERICA HELD LARGEST SHARE OF MARKET IN 2022 
    FIGURE 9 101 CC–400 CC SEGMENT TO CONTINUE TO HOLD LARGEST SIZE OF MARKET, BY ENGINE DISPLACEMENT, DURING FORECAST PERIOD 
    FIGURE 10 GARDENING END-USER TO HOLD LARGEST SIZE IN MARKET IN 2028 
    FIGURE 11 LAWNMOWERS TO HOLD LARGEST SIZE IN MARKET IN 2028 
 
4 PREMIUM INSIGHTS (Page No. - 43)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS OPERATING IN SMALL GAS ENGINES MARKET 
           FIGURE 12 HIGH DEMAND FOR OUTDOOR POWER EQUIPMENT TO FUEL MARKET GROWTH
    4.2 SMALL GAS ENGINES MARKET, BY REGION 
           FIGURE 13 MARKET IN ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
    4.3 NORTH AMERICA: SMALL GAS ENGINE MARKET, BY END-USER AND COUNTRY, 2022 
           FIGURE 14 CONSTRUCTION AND US WERE LARGEST SHAREHOLDERS IN MARKET IN NORTH AMERICA IN 2022
    4.4 MARKET, BY ENGINE DISPLACEMENT 
           FIGURE 15 20 CC–100 CC SEGMENT TO RECORD HIGHEST CAGR FROM 2022 TO 2028
    4.5 MARKET, BY EQUIPMENT 
           FIGURE 16 LAWNMOWERS TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2022
 
5 MARKET OVERVIEW (Page No. - 46)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 17 SMALL GAS ENGINES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Growing construction industry
                    5.2.1.2 Rising demand for outdoor power equipment
           5.2.2 RESTRAINTS
                    5.2.2.1 Increasing number of eco-friendly alternatives
                    5.2.2.2 Stricter CO2 emission regulations
                               FIGURE 18 GLOBAL CARBON DIOXIDE EMISSIONS, 2015–2020
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing focus on producing standard regulated small gas engines
           5.2.4 CHALLENGES
                    5.2.4.1 Frequent maintenance of small gas engines
                    5.2.4.2 Rise in ethanol prices
                               FIGURE 19 GLOBAL ETHANOL PRICES, 2022
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMALL GAS ENGINE PROVIDERS
                    FIGURE 20 REVENUE SHIFT FOR GAS ENGINE PROVIDERS
    5.4 VALUE CHAIN ANALYSIS 
           FIGURE 21 VALUE CHAIN ANALYSIS: SMALL GAS ENGINE MARKET
           5.4.1 RAW MATERIAL PROVIDERS/SUPPLIERS
           5.4.2 COMPONENT MANUFACTURERS
           5.4.3 GAS ENGINE MANUFACTURERS/ASSEMBLERS
           5.4.4 DISTRIBUTORS (BUYERS)/END-USERS
           5.4.5 POST-SALES SERVICE PROVIDERS
                    TABLE 2 MARKET: ROLE IN ECOSYSTEM
    5.5 MARKET MAP 
           FIGURE 22 SMALL GAS ENGINES: MARKET MAP
    5.6 TECHNOLOGY ANALYSIS 
    5.7 TRADE ANALYSIS 
           TABLE 3 IMPORT SCENARIO FOR HS CODE 840790, BY COUNTRY, 2019–2021 (USD)
           FIGURE 23 IMPORT DATA FOR TOP FIVE COUNTRIES, 2019–2021 (USD)
           TABLE 4 EXPORT SCENARIO FOR HS CODE: 840790, BY COUNTRY, 2019–2021 (USD)
           FIGURE 24 EXPORT DATA FOR TOP FIVE COUNTRIES, 2019–2021 (USD)
    5.8 KEY CONFERENCES AND EVENTS, 2023–2024 
           TABLE 5 MARKET: CONFERENCES AND EVENTS
    5.9 PATENT ANALYSIS 
           5.9.1 MAJOR PATENTS
                    TABLE 6 SMALL GAS ENGINES: INNOVATIONS AND PATENT REGISTRATIONS, OCTOBER 2019–JANUARY 2022
    5.10 PRICING ANALYSIS 
           TABLE 7 AVERAGE SELLING PRICE OF SMALL GAS ENGINES, BY ENGINE DISPLACEMENT, 2022 (USD/UNIT)
           TABLE 8 AVERAGE SELLING PRICE OF SMALL GAS ENGINES, BY REGION, 2022 (USD/UNIT)
    5.11 TARIFF AND REGULATORY LANDSCAPE 
    5.12 MARKET: REGULATIONS 
           5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.13 CASE STUDY ANALYSIS 
           5.13.1 KUBOTA PROVIDED TRUCK OR TRAILER WITH REFRIGERATION UNIT IN AFRICA
                    5.13.1.1 Problem statement
                    5.13.1.2 Solution
    5.14 PORTER’S FIVE FORCES ANALYSIS 
                    FIGURE 25 SMALL GAS ENGINES MARKET: PORTER’S FIVE FORCES ANALYSIS
                    TABLE 14 MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.14.1 THREAT OF NEW ENTRANTS
           5.14.2 BARGAINING POWER OF BUYERS
           5.14.3 BARGAINING POWER OF SUPPLIERS
           5.14.4 THREAT OF SUBSTITUTES
           5.14.5 INTENSITY OF COMPETITIVE RIVALRY
    5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY ENGINE DISPLACEMENT
                    TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SMALL GAS ENGINE DISPLACEMENT SEGMENTS (%)
           5.15.2 BUYING CRITERIA
                    FIGURE 27 KEY BUYING CRITERIA FOR TOP ENGINE DISPLACEMENT SEGMENTS OF SMALL GAS ENGINES
                    TABLE 16 KEY BUYING CRITERIA, BY ENGINE DISPLACEMENT
 
6 SMALL GAS ENGINES MARKET, BY EQUIPMENT (Page No. - 66)
    6.1 INTRODUCTION 
           FIGURE 28 MARKET, BY EQUIPMENT, 2022
           TABLE 17 MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
    6.2 LAWN MOWERS 
           6.2.1 INCREASING DEMAND FOR LAWN MOWERS FOR RESIDENTIAL PURPOSES TO DRIVE MARKET
                    TABLE 18 LAWN MOWERS: SMALL GAS ENGINES MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.3 CHAINSAWS 
           6.3.1 RISING DEMAND FOR CHAINSAWS FOR COMMERCIAL APPLICATIONS TO BOOST MARKET
                    TABLE 19 CHAINSAWS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.4 STRING TRIMMERS 
           6.4.1 GROWING NEED FOR MAINTENANCE OF LAWNS IN PUBLIC PLACES TO FUEL MARKET
                    TABLE 20 STRING TRIMMERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.5 HEDGE TRIMMERS 
           6.5.1 GROWTH OF TRIMMERS ATTRIBUTED TO URBAN FARMING
                    TABLE 21 HEDGE TRIMMERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.6 PORTABLE GENERATORS 
           6.6.1 RISING INVESTMENTS IN BACKUP POWER SOLUTIONS TO PROPEL MARKET
                    TABLE 22 PORTABLE GENERATORS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.7 TILLERS 
           6.7.1 INCREASING DEMAND FOR TILLERS FROM AGRICULTURAL INDUSTRY TO FUEL MARKET
                    TABLE 23 TILLERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.8 PRESSURE WASHERS 
           6.8.1 GROWING ADOPTION OF PRESSURE WASHERS IN RESIDENTIAL SECTOR TO BOOST MARKET
                    TABLE 24 PRESSURE WASHERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.9 CONCRETE VIBRATORS 
           6.9.1 MAJOR INVESTMENTS IN CONSTRUCTION TO DRIVE MARKET
                    TABLE 25 CONCRETE VIBRATORS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.10 CONCRETE SCREEDS 
           6.10.1 RISING USE OF CONCRETE SCREEDS IN CONSTRUCTION TO DRIVE MARKET
                    TABLE 26 CONCRETE SCREEDS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.11 EDGERS 
           6.11.1 INCREASING USE OF EDGERS IN COMMERCIAL APPLICATIONS TO FUEL MARKET
                    TABLE 27 EDGERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.12 LEAF BLOWERS 
           6.12.1 GOVERNMENT INITIATIVES IN LEAF BLOWERS TO PROPEL MARKET
                    TABLE 28 LEAF BLOWERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.13 SNOW BLOWERS 
           6.13.1 ADVANCEMENTS IN SNOW BLOWERS TO PROPEL MARKET GROWTH
                    TABLE 29 SNOW BLOWERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.14 OTHERS 
                    TABLE 30 OTHERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
 
7 SMALL GAS ENGINES MARKET, BY ENGINE DISPLACEMENT (Page No. - 77)
    7.1 INTRODUCTION 
           FIGURE 29 MARKET, BY ENGINE DISPLACEMENT, 2022
           TABLE 31 MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (USD MILLION)
           TABLE 32 MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (THOUSAND UNITS)
    7.2 20 CC–100 CC 
           7.2.1 RISING DEMAND FOR OUTDOOR POWER EQUIPMENT TO BOOST MARKET
                    TABLE 33 20 CC–100 CC: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 34 20 CC–100 CC: MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
    7.3 101 CC–400 CC 
           7.3.1 INCREASING USE OF PORTABLE GENERATORS AT CONSTRUCTION SITES TO PROPEL MARKET
                    TABLE 35 101 CC–400 CC: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 36 101 CC–400 CC: MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
    7.4 401 CC–650 CC 
           7.4.1 GROWING ADOPTION OF PRESSURE WASHERS TO FUEL MARKET GROWTH
                    TABLE 37 401 CC–650 CC: MARKET, BY REGION, 2021–2028 (USD MILLION)
                    TABLE 38 401 CC–650 CC: MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
 
8 SMALL GAS ENGINES MARKET, BY END-USER (Page No. - 82)
    8.1 INTRODUCTION 
           FIGURE 30 MARKET, BY END-USER, 2022
           TABLE 39 MARKET, BY END-USER, 2021–2028 (USD MILLION)
    8.2 GARDENING 
           8.2.1 GROWING MANUFACTURE OF GARDENING EQUIPMENT TO FUEL MARKET
                    TABLE 40 GARDENING: SMALL GAS ENGINES MARKET, BY REGION, 2021–2028 (USD MILLION)
    8.3 CONSTRUCTION 
           8.3.1 INCREASING DEMAND FOR CONSTRUCTION EQUIPMENT TO DRIVE MARKET
                    TABLE 41 CONSTRUCTION: MARKET, BY REGION, 2021–2028 (USD MILLION)
    8.4 INDUSTRIAL 
           8.4.1 VAST PRODUCTION OF WATER PUMPS FOR INDUSTRIAL SECTOR TO BOOST MARKET
                    TABLE 42 INDUSTRIAL: MARKET, BY REGION, 2021–2028 (USD MILLION)
    8.5 OTHERS 
           TABLE 43 OTHERS: MARKET, BY REGION, 2021–2028 (USD MILLION)
 
9 SMALL GAS ENGINES MARKET, BY REGION (Page No. - 86)
    9.1 INTRODUCTION 
           FIGURE 31 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2022
           TABLE 44 SMALL GAS ENGINE MARKET, BY REGION, 2021–2028 (USD MILLION)
           TABLE 45 MARKET, BY REGION, 2021–2028 (THOUSAND UNITS)
    9.2 NORTH AMERICA 
           FIGURE 32 NORTH AMERICA: SNAPSHOT OF MARKET
           9.2.1 RECESSION IMPACT: NORTH AMERICA
                    TABLE 46 NORTH AMERICA: SMALL GAS ENGINES MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
                    TABLE 47 NORTH AMERICA: MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (USD MILLION)
                    TABLE 48 NORTH AMERICA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
                    TABLE 49 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           9.2.2 US
                    9.2.2.1 Growing demand for lawnmowers to drive market
                               TABLE 50 US: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.2.3 CANADA
                    9.2.3.1 Increasing manufacture of snow blowers to boost market
                               TABLE 51 CANADA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.2.4 MEXICO
                    9.2.4.1 Rising export of trimmers to propel market
                               TABLE 52 MEXICO: MARKET, BY END-USER, 2021–2028 (USD MILLION)
    9.3 ASIA PACIFIC 
           FIGURE 33 ASIA PACIFIC: SNAPSHOT OF MARKET
           9.3.1 RECESSION IMPACT: ASIA PACIFIC
                    TABLE 53 ASIA PACIFIC: SMALL GAS ENGINES MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
                    TABLE 54 ASIA PACIFIC: MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (USD MILLION)
                    TABLE 55 ASIA PACIFIC: MARKET, BY END-USER, 2021–2028 (USD MILLION)
                    TABLE 56 ASIA PACIFIC: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           9.3.2 AUSTRALIA
                    9.3.2.1 Increasing investments in small gas engines to drive market
                               TABLE 57 AUSTRALIA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.3.3 JAPAN
                    9.3.3.1 Adoption of new technologies for advancement of small gas engines to boost market
                               TABLE 58 JAPAN: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.3.4 NEW ZEALAND
                    9.3.4.1 Increase in demand for construction equipment to boost market
                               TABLE 59 NEW ZEALAND: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.3.5 INDIA
                    9.3.5.1 Government policies and initiatives to fuel market
                               TABLE 60 INDIA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.3.6 CHINA
                    9.3.6.1 Growth in infrastructure activities to drive market
                               TABLE 61 CHINA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.3.7 REST OF ASIA PACIFIC
                    TABLE 62 REST OF ASIA PACIFIC: MARKET, BY END-USER, 2021–2028 (USD MILLION)
    9.4 EUROPE 
           9.4.1 RECESSION IMPACT: EUROPE
                    TABLE 63 EUROPE: SMALL GAS ENGINES MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
                    TABLE 64 EUROPE: MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (USD MILLION)
                    TABLE 65 EUROPE: MARKET, BY END-USER, 2021–2028 (USD MILLION)
                    TABLE 66 EUROPE: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           9.4.2 UK
                    9.4.2.1 Development of gardens to enhance market growth
                               TABLE 67 UK: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.3 GERMANY
                    9.4.3.1 Growing demand for landscaping services to stimulate market growth
                               TABLE 68 GERMANY: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.4 SWEDEN
                    9.4.4.1 Product expansion by key players to boost market
                               TABLE 69 SWEDEN: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.5 NETHERLANDS
                    9.4.5.1 Rising agricultural activities to accelerate market growth
                               TABLE 70 NETHERLANDS: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.6 ITALY
                    9.4.6.1 Increasing number of government initiatives to fuel market growth
                               TABLE 71 ITALY: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.7 SPAIN
                    9.4.7.1 Rising use of lawn mowers in golf court maintenance to drive market
                               TABLE 72 SPAIN: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.8 FRANCE
                    9.4.8.1 Growing consumption of small gas engines to propel demand
                               TABLE 73 FRANCE: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.9 BELGIUM
                    9.4.9.1 Increasing adoption of pressure washers to boost market
                               TABLE 74 BELGIUM: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.4.10 REST OF EUROPE
                    TABLE 75 REST OF EUROPE: MARKET, BY END-USER, 2021–2028 (USD MILLION)
    9.5 SOUTH AMERICA 
           9.5.1 RECESSION IMPACT: SOUTH AMERICA
                    TABLE 76 SOUTH AMERICA: SMALL GAS ENGINES MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
                    TABLE 77 SOUTH AMERICA: MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (USD MILLION)
                    TABLE 78 SOUTH AMERICA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
                    TABLE 79 SOUTH AMERICA: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           9.5.2 BRAZIL
                    9.5.2.1 Growing demand for gardening equipment to drive market
                               TABLE 80 BRAZIL: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.5.3 ARGENTINA
                    9.5.3.1 Lucrative opportunities for lawn mowers to enhance market growth
                               TABLE 81 ARGENTINA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.5.4 REST OF SOUTH AMERICA
                    TABLE 82 REST OF SOUTH AMERICA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
    9.6 MIDDLE EAST & AFRICA 
           9.6.1 RECESSION IMPACT: MIDDLE EAST & AFRICA
                    TABLE 83 MIDDLE EAST & AFRICA: SMALL GAS ENGINES MARKET, BY EQUIPMENT, 2021–2028 (USD MILLION)
                    TABLE 84 MIDDLE EAST & AFRICA: MARKET, BY ENGINE DISPLACEMENT, 2021–2028 (USD MILLION)
                    TABLE 85 MIDDLE EAST & AFRICA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
                    TABLE 86 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
           9.6.2 UAE
                    9.6.2.1 Increasing infrastructural development activities to drive market
                               TABLE 87 UAE: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.6.3 SOUTH AFRICA
                    9.6.3.1 Rising adoption of tillers to boost market
                               TABLE 88 SOUTH AFRICA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.6.4 ISRAEL
                    9.6.4.1 Growing export of mowers to fuel market growth
                               TABLE 89 ISRAEL: MARKET, BY END-USER, 2021–2028 (USD MILLION)
           9.6.5 REST OF MIDDLE EAST & AFRICA
                    TABLE 90 REST OF MIDDLE EAST & AFRICA: MARKET, BY END-USER, 2021–2028 (USD MILLION)
 
10 COMPETITIVE LANDSCAPE (Page No. - 113)
     10.1 OVERVIEW 
               FIGURE 34 KEY DEVELOPMENTS IN SMALL GAS ENGINE MARKET, 2018–2023
     10.2 MARKET SHARE ANALYSIS 
               FIGURE 35 MARKET SHARE ANALYSIS IN SMALL GAS ENGINE MARKET, 2022
     10.3 MARKET EVALUATION FRAMEWORK 
               TABLE 91 MARKET EVALUATION FRAMEWORK, 2018–2022
     10.4 ANALYSIS OF SEGMENTAL REVENUE OF TOP MARKET PLAYERS 
               FIGURE 36 SEGMENTAL REVENUE ANALYSIS OF KEY COMPANIES OFFERING SMALL GAS ENGINES, 2017–2021
     10.5 RECENT DEVELOPMENTS 
             10.5.1 DEALS
                       TABLE 92 MARKET: DEALS, 2021–2022
             10.5.2 OTHERS
                       TABLE 93 MARKET: OTHERS, 2022–2023
     10.6 COMPANY EVALUATION QUADRANT 
             10.6.1 STARS
             10.6.2 EMERGING LEADERS
             10.6.3 PERVASIVE PLAYERS
             10.6.4 PARTICIPANTS
                       FIGURE 37 MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
                       TABLE 94 COMPANY ENGINE DISPLACEMENT FOOTPRINT
                       TABLE 95 COMPANY END-USER FOOTPRINT
                       TABLE 96 COMPANY EQUIPMENT FOOTPRINT
                       TABLE 97 COMPANY REGION FOOTPRINT
     10.7 START-UPS/SMES EVALUATION QUADRANT, 2021 
             10.7.1 PROGRESSIVE COMPANIES
             10.7.2 RESPONSIVE COMPANIES
             10.7.3 DYNAMIC COMPANIES
             10.7.4 STARTING BLOCKS
                       FIGURE 38 MARKET: START-UPS/SMES EVALUATION QUADRANT, 2021
     10.8 COMPETITIVE BENCHMARKING 
               TABLE 98 MARKET: DETAILED LIST OF KEY START-UPS/SMES
               TABLE 99 COMPANY ENGINE DISPLACEMENT FOOTPRINT: (START-UPS)
               TABLE 100 COMPANY EQUIPMENT APPLICATION FOOTPRINT: (START-UPS)
               TABLE 101 COMPANY END-USER APPLICATION FOOTPRINT: (START-UPS)
               TABLE 102 COMPANY REGION FOOTPRINT: (START-UPS)
 
11 COMPANY PROFILES (Page No. - 129)
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
     11.1 KEY PLAYERS 
             11.1.1 BRIGGS & STRATTON
                       TABLE 103 BRIGGS & STRATTON: BUSINESS OVERVIEW
                       TABLE 104 BRIGGS & STRATTON: PRODUCT LAUNCHES
                       TABLE 105 BRIGGS & STRATTON: DEALS
                       TABLE 106 BRIGGS & STRATTON: OTHERS
             11.1.2 HONDA MOTOR CO., LTD.
                       TABLE 107 HONDA MOTOR CO., LTD.: BUSINESS OVERVIEW
                       TABLE 108 HONDA MOTOR CO.: PRODUCT LAUNCHES
             11.1.3 MITSUBISHI HEAVY INDUSTRIES, LTD. (MHI)
                       TABLE 109 MITSUBISHI HEAVY INDUSTRIES, LTD. (MHI): BUSINESS OVERVIEW
                       TABLE 110 MITSUBISHI HEAVY INDUSTRIES, LTD. (MHI): DEALS
             11.1.4 KOHLER CO.
                       TABLE 111 KOHLER CO.: BUSINESS OVERVIEW
                       TABLE 112 KOHLER CO.: DEALS
                       TABLE 113 KOHLER CO.: OTHERS
             11.1.5 KAWASAKI HEAVY INDUSTRIES, LTD.
                       TABLE 114 KAWASAKI HEAVY INDUSTRIES, LTD.: BUSINESS OVERVIEW
                       FIGURE 41 KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
             11.1.6 YAMAHA MOTOR CORPORATION
                       TABLE 115 YAMAHA MOTOR CORPORATION: BUSINESS OVERVIEW
                       FIGURE 42 YAMAHA MOTOR CORPORATION: COMPANY SNAPSHOT
             11.1.7 KUBOTA CORPORATION
                       TABLE 116 KUBOTA CORPORATION: BUSINESS OVERVIEW
                       FIGURE 43 KUBOTA CORPORATION: COMPANY SNAPSHOT
             11.1.8 MARUYAMA MFG. CO., INC.
                       TABLE 117 MARUYAMA MFG. CO., INC.: BUSINESS OVERVIEW
             11.1.9 KOKI HOLDINGS CO., LTD.
                       TABLE 118 KOKI HOLDINGS CO., LTD.: BUSINESS OVERVIEW
             11.1.10 LIQUID COMBUSTION TECHNOLOGY, LLC
                       TABLE 119 LIQUID COMBUSTION TECHNOLOGY, LLC: BUSINESS OVERVIEW
             11.1.11 KIPOR POWER
                       TABLE 120 KIPOR POWER: BUSINESS OVERVIEW
             11.1.12 GENERAC POWER SYSTEMS, INC.
                       TABLE 121 GENERAC POWER SYSTEMS, INC.: BUSINESS OVERVIEW
             11.1.13 LIFAN POWER
                       TABLE 122 LIFAN POWER: BUSINESS OVERVIEW
             11.1.14 LONCIN INDUSTRIES
                       TABLE 123 LONCIN INDUSTRIES: BUSINESS OVERVIEW
             11.1.15 CHONGQING RATO HOLDING (GROUP) CO., LTD.
                       TABLE 124 CHONGQING RATO HOLDING (GROUP) CO., LTD.: BUSINESS OVERVIEW
     11.2 OTHER PLAYERS 
             11.2.1 CHAMPION POWER EQUIPMENT
             11.2.2 FUZHOU LAUNTOP M&E CO., LTD.
             11.2.3 LOMBARDINI SRL
             11.2.4 SINOQUIP POWER
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
12 APPENDIX (Page No. - 158)
     12.1 INSIGHTS FROM INDUSTRY EXPERTS 
     12.2 DISCUSSION GUIDE 
     12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     12.4 CUSTOMIZATION OPTIONS 
     12.5 RELATED REPORTS 
     12.6 AUTHOR DETAILS 

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:

Sensor Market For Autonomous Vehicles Size, and Share

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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

Sensor Market For Autonomous Vehicles Size, and Share

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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

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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 
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We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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