Small Gas Engines Market

Small Gas Engines Market Size & Share - Future Growth Expectations

The global small gas engines market size is projected to reach USD 4.3 billion by 2028 from an estimated USD 3.3 billion in 2023, at a CAGR of 5.4% during the forecast period. The major factors driving the growth of this market include the rising investment in outdoor equipment such as lawn mowers, tillers, pressure washers for landscape services.

The small gas engines market has been experiencing growth due to several key factors.

  • Gardening and Landscaping Equipment
  • Commercial Outdoor Power Equipment
  • Backup Power Generation
  • Construction and Industrial Equipment
  • DIY Market
  • Economic expansion in Emerging countries

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Gardening and Landscaping Equipment:

  • Lawnmowers, trimmers, chainsaws, and leaf blowers are just a few examples of the gardening and landscaping equipment that frequently employ small gas engines. The need for these compact gas engine-powered equipment grows as urbanization rises and households make more maintenance investments.

Commercial Outdoor Power Equipment:

  • Professionals in landscaping, construction, agriculture, and forestry employ a variety of small gas engines in their outdoor power equipment. To do their jobs well, these professionals depend on robust, high-performing machinery driven by tiny gas engines.

Backup Power Generation:

  • In distant areas without access to electricity or during power outages, small gas engines are frequently employed in portable generators to provide backup power. There is still a constant market for portable generators driven by tiny gas engines because of worries about the dependability of the grid and the necessity of emergency preparedness.

Construction and Industrial Equipment:

  • Concrete mixers, pumps, compressors, light towers, and other pieces of equipment are among the many items in this category that use small gas engines. These kinds of equipment are in greater demand as industrial production and building activity rise.

DIY Market:

  • Due to the growing popularity of do-it-yourself (DIY) projects, homeowners and hobbyists are in need of compact gas-powered tools for a variety of uses around the house and workshop. Examples of these items include air compressors, pressure washers, and portable generators.

Economic expansion in Emerging countries:

  • Increased investment in infrastructure, building, and landscaping projects has resulted from economic expansion in emerging nations, especially in Asia-Pacific, Latin America, and Africa. This has added to the increasing need for tiny gas engines and associated machinery in these areas.

The small gas engines market is expected to continue increasing because of the robust demand across a range of applications, which is being driven by shifting consumer tastes, technical improvements, and economic considerations. The shift to cleaner and more efficient engines will also probably influence the market's future growth trajectory.

Small Gas Engines Market Share - Global Industry Landscape

The small gas engines market is characterized by the presence of several key players competing for market share. Some of the leading companies in the small gas engines industry include:

  • Briggs & Stratton (US)
  • Honda Motor Co. (Japan)
  • Yamaha Motor Corporation (Japan)
  • Kohler Co. (US)

These companies contribute to the global small gas engines market, as do additional regional producers and suppliers. Consumer preferences, technical breakthroughs, new product innovations, and changes in regulations can all have an impact on market dynamics.

Briggs & Stratton (US)

  • Briggs & Stratton Corporation, an American company, is one of the largest manufacturers of gas engines in the world. It operates through two segments, namely, Engines and Products. The Engines segment is the core business of the company, which is the key engine supplier for several outdoor power equipment manufacturers such as MTD Products Inc., Husqvarna Outdoor Products Group, and Deere & Company, among others. Briggs & Stratton manufactures its engines mainly in the US with manufacturing facilities located in Alabama, Georgia, Wisconsin, Kentucky, and Missouri. It also has a manufacturing facility in Chongqing, China, as well as facilities in Japan via a joint venture with Daihatsu Motor Co. The company has a worldwide presence with subsidiaries in Australia, Austria, Brazil, Canada, China, the Czech Republic, England, France, Germany, India, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, South Africa, Spain, and Sweden.

Honda Motor Co. (Japan)

  • Honda Motor Co., Ltd. is a global leader, which produces and sells automobiles, motorcycles, and power equipment. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Life Creation and Other Businesses. Life Creation and Other Businesses offers outdoor power production and relevant parts. The comapnay also manufactures small gas engines. Honda Motor Co., Ltd. operates in more than 90 countries in Europe, the Middle East, CIS, Africa, the Americas, Asia, and Australia.

Yamaha Motor Corporation (Japan)

  • Yamaha produces small gas engines for motorcycles, scooters, ATVs, and other recreational vehicles. The company's engines are known for their reliability, efficiency, and performance in powering a wide range of vehicles and equipment.

Kohler Co. (US)

  • Kohler is a well-known manufacturer of engines, plumbing products, and power systems. The company produces small gas engines for lawn and garden equipment, generators, and other outdoor power applications. Kohler engines are valued for their durability and performance.

Related Reports:

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

Small Gas Engines Market Size,  Share & Growth Report
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