The global small gas engines market is estimated to grow at a CAGR of 4.15%, from 2016 to 2021. North America and Europe are likely to be the largest markets for small gas engines. The small gas engines market is mainly driven by growth in the construction industry and demand for outdoor power equipment in applications such as gardening and construction.
Briggs & Stratton Corporation (U.S.), Kohler Co. (U.S.), Honda Motor Co., Ltd. (Japan), Yamaha Motor Corp. (Japan), and Kawasaki Heavy Industries (Japan) are the market leaders in the small gas engines market.
Strategies employed by various companies in the small gas engines market include contracts & agreements, new product launches, expansions, and mergers & acquisitions. New product launches was the most adopted strategies out of these.
Briggs & Stratton Corporation is one of the largest manufacturers of small gas engines in the world. The company 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 outdoor power equipment manufacturers such as MTD Products, Inc., Husqvarna Outdoor Products Group, and Deere & Company, among others. Briggs & Stratton manufactures gas engines for power products such as lawnmowers, snow blowers, pressure washers, portable gas generators, and construction equipment. It also manufactures commercial engines through its brand Vanguard Engines.
In 2014, Briggs & Stratton launched its quietest lawnmower engine equipped with its new Quiet Power Technology (QPT). Briggs & Stratton added five new gas engines to its product portfolio— one as part of its 625 ex series and one as part of its 450 series in the lawnmower engines segment, and three engines in the 1650, 1450, and 950 series in the general purpose engines segment. Briggs & Stratton launched its Ready Start technology engines to power lawnmowers. The new technology feature enables the engine to start within two five-second cranking attempts in weather above 32°C. Husqvarna, one of Briggs & Stratton’s leading customers, uses this engine.
Kohler Co., under its engines and generators division, manufactures and markets generators and engines. The company manufactures general purpose small gas, diesel, and mixed fuel engines, which cater to applications such as lawnmowers, agricultural tillers, industrial pressure washers, and generators, among others.
In 2017, the company launched two new engines to expand its CommandPro single cylinder horizontal shaft engine line-up. Kohler added three gas engines to its UTV engines product portfolio with the launch of the CH395, CH440, and ECH440 models of small gas engines. Kohler launched the new EFI series engines for consumer lawnmowers. The engine is designed specifically for consumer lawnmowers, including lawn tractors and zero-turn radius mowers. Kohler launched a new low emissions engine model, the ECH440LE gas engine. The engine shows considerable reduction in carbon monoxide and nitrogen oxide emissions, without it affecting engine performance.
Small Gas Engines Market by Equipment (Lawnmower, Chainsaw, Tiller, Screed, Blower, Pressure Washer, and Trimmer), Engine Displacement (20-100cc, 101-400cc, and 401-650cc), End-Use (Gardening, Industrial, and Construction), and Region - Global Forecast to 2021
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