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With a CAGR of 5.8% between 2023 and 2030, the small petrol engine market is expected to be worth USD 3866.03 billion by the end of the forecast period. a small engine that may function primarily on coal biogas, biogas, landfill gas, or natural gas. Users switch to petrol engines from other types of vehicles because of their ease of starting and versatility. All building endeavours necessitate the use of energy to power the different tools and machines. The demand for accessories for lightweight petrol engines is on the rise. Many car manufacturers are committed to meeting stringent emission standards. Micro-hybridization and biofuels, for example, present fresh technical frontiers that could pave the way for the widespread adoption of developments like engine boosting, petrol direct injection, and homogeneous charge compression ignition as the market for compact vehicles continues to shrink. The conventional use of hand tools in building, industry, and gardening is changing. As a result, it is anticipated that the demand for small petrol engines would increase.
Increased demand from the industrial and consumer segments is driving growth in the global market for these motors. The proliferation of uses for small gasoline engines, such as in snow blowers, lawn mowers, concrete mixers, home improvement tools and even generators, is driving industry expansion. The flexibility and ease of starting up of these engines is also enhanced. The fact that small engines can spin blades, move wheels, and propel vehicles all bodes well for the industry. The growing demand for lawnmowers has contributed to a rise in the popularity of models with compact engines.
Due to the expanding business and residential markets, demand for outdoor power equipment has skyrocketed. Outdoor power equipment rentals are replacing conventional methods used by construction companies and homeowners. Equipment like this can be rented for a low price and with little upkeep. Small natural gas engines with appropriate power and torque requirements are commonly used in this equipment. As a result of more people needing this kind of gear, the market is expanding. Small petrol engines now available are extremely costly. Manufacturing little petrol engines in scale is very costly. Some components must be imported, which drives up the price. The high cost of doing business limits the expansion potential of the market.Growing demand for emission- and fuel-efficient outdoor power equipment, as well as the introduction of cutting-edge petrol engines, are the key factors propelling the market forward. Coal-fired power plants still account for a sizable percentage of the world's overall energy production, despite the fact that many countries wish to decrease their usage of coal in the production of electricity. Natural gas power plants are more efficient and produce fewer greenhouse gas emissions than coal plants.
This study looks into the future of the tiny petrol engine industry all around the world. To comprehend the existing outlook on the development of the market and to forecast the behaviour of the market throughout the forecast period, this research study combines qualitative and quantitative analysis with extensive research methodology and trustworthy projections. Numerous automakers are resolute in their pursuit of compliance with rigorous emissions regulations including EURO 5, the ACEA accord, and EURO 6. This has resulted in a rise in demand for products powered by little petrol engines. The micro-hybridization and biofuels markets are growing as a result of opportunities created by the downsizing phenomena. In addition, pollution law is the primary impetus for engine downsizing, which has led to the development of technologies like engine boosting, petrol direct injection (GDI), and homogeneous charge compression ignition (HCCI). Because of strict emission requirements enforced in many countries, automakers have shrunk engine sizes, fueling the industry's rapid expansion. However, the expansion of the market is anticipated to be hampered by the recent price increase of tiny petrol engines.
Commercial landscapers, equipment rental businesses, and large organisations like universities and hospitals are the main customers for outdoor power equipment. The rising demand for outdoor equipment among homeowners for landscaping services is the primary factor propelling the small petrol engines market. grass care, hardscaping, tree care, grass renovation, and snow removal are just few of the landscaping tasks that call for the utilisation of various types of outdoor power equipment. The need for compact petrol engines has grown alongside the production of these machinery. The International Energy Agency predicts that, by 2050, the world economy will have grown by an average of 3%. Economies will need a growing quantity of energy to maintain their current rates of expansion. As a result, there will be a rise in the need for energy. The International Energy Agency predicts that between 2020 and 2040, worldwide energy demand would rise by 27%. The rising concern about global warming and this increased demand have moved attention to more efficient, cost-effective, and environmentally friendly forms of energy production. Many different rules and caps on greenhouse gas emissions have been put in place by governments and environmental bodies. The United Arab Emirates, for one, has committed to reducing emissions and increasing the proportion of renewable energy in the energy mix from 0.2% in 2014 to 24% in 2021. Canada has similarly committed to reducing its GHG emissions by 40-45 percent by 2030.
Report Coverage
Global Small Gas Engines research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Small Gas Engines report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Small Gas Engines competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Small Gas Engines market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Small Gas Engines market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Small Gas Engines market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Briggs and Straton Corporation (US), Honda Motor Co. (Japan), Kohler Co (US), Kawasaki Heavy Industries (Japan), Fuji Heavy Industries (Japan), Yamaha Motor Co. (Japan), Kubota Corporation (Japan), Liquid Combustion Technology LLC (US), Champion Power Equipment (US), Fuzhou Launtop M&E Co. Ltd (China), Maruyama Mfg. Co. Inc. (Japan) and Lifan Power (US).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Small Gas Engines market based on the below-mentioned segments:
Global Small Gas Engines Market, By Equipment
Lawn Mower
Chainsaw
String Trimmer
Hedge Trimmer
Portable Generator
Rotary Tiller
Pressure Washer
Concrete Vibrators
Concrete Screed
Edger
Leaf Blower
Snow Blower
Others
Global Small Gas Engines market, By Engine Displacement
20 cc to 100 cc
101 cc to 400 cc
401 cc to 600 cc
Global Small Gas Engines Market, By End User
Gardening
Construction
Industrial
Global Small Gas Engines market, Regional Analysis
Increased demand from the industrial and consumer segments is driving growth in the global market for these motors. The proliferation of uses for small gasoline engines, such as in snow blowers, lawn mowers, concrete mixers, home improvement tools and even generators, is driving industry expansion. The flexibility and ease of starting up of these engines is also enhanced. The fact that small engines can spin blades, move wheels, and propel vehicles all bodes well for the industry. The growing demand for lawnmowers has contributed to a rise in the popularity of models with compact engines.
Due to the expanding business and residential markets, demand for outdoor power equipment has skyrocketed. Outdoor power equipment rentals are replacing conventional methods used by construction companies and homeowners. Equipment like this can be rented for a low price and with little upkeep. Small natural gas engines with appropriate power and torque requirements are commonly used in this equipment. As a result of more people needing this kind of gear, the market is expanding. Small petrol engines now available are extremely costly. Manufacturing little petrol engines in scale is very costly. Some components must be imported, which drives up the price. The high cost of doing business limits the expansion potential of the market.Growing demand for emission- and fuel-efficient outdoor power equipment, as well as the introduction of cutting-edge petrol engines, are the key factors propelling the market forward. Coal-fired power plants still account for a sizable percentage of the world's overall energy production, despite the fact that many countries wish to decrease their usage of coal in the production of electricity. Natural gas power plants are more efficient and produce fewer greenhouse gas emissions than coal plants.
This study looks into the future of the tiny petrol engine industry all around the world. To comprehend the existing outlook on the development of the market and to forecast the behaviour of the market throughout the forecast period, this research study combines qualitative and quantitative analysis with extensive research methodology and trustworthy projections. Numerous automakers are resolute in their pursuit of compliance with rigorous emissions regulations including EURO 5, the ACEA accord, and EURO 6. This has resulted in a rise in demand for products powered by little petrol engines. The micro-hybridization and biofuels markets are growing as a result of opportunities created by the downsizing phenomena. In addition, pollution law is the primary impetus for engine downsizing, which has led to the development of technologies like engine boosting, petrol direct injection (GDI), and homogeneous charge compression ignition (HCCI). Because of strict emission requirements enforced in many countries, automakers have shrunk engine sizes, fueling the industry's rapid expansion. However, the expansion of the market is anticipated to be hampered by the recent price increase of tiny petrol engines.
Commercial landscapers, equipment rental businesses, and large organisations like universities and hospitals are the main customers for outdoor power equipment. The rising demand for outdoor equipment among homeowners for landscaping services is the primary factor propelling the small petrol engines market. grass care, hardscaping, tree care, grass renovation, and snow removal are just few of the landscaping tasks that call for the utilisation of various types of outdoor power equipment. The need for compact petrol engines has grown alongside the production of these machinery. The International Energy Agency predicts that, by 2050, the world economy will have grown by an average of 3%. Economies will need a growing quantity of energy to maintain their current rates of expansion. As a result, there will be a rise in the need for energy. The International Energy Agency predicts that between 2020 and 2040, worldwide energy demand would rise by 27%. The rising concern about global warming and this increased demand have moved attention to more efficient, cost-effective, and environmentally friendly forms of energy production. Many different rules and caps on greenhouse gas emissions have been put in place by governments and environmental bodies. The United Arab Emirates, for one, has committed to reducing emissions and increasing the proportion of renewable energy in the energy mix from 0.2% in 2014 to 24% in 2021. Canada has similarly committed to reducing its GHG emissions by 40-45 percent by 2030.
Report Coverage
Global Small Gas Engines research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Small Gas Engines report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Small Gas Engines competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Small Gas Engines market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Briggs and Straton Corporation (US), Honda Motor Co. (Japan), Kohler Co (US), Kawasaki Heavy Industries (Japan), Fuji Heavy Industries (Japan), Yamaha Motor Co. (Japan), Kubota Corporation (Japan), Liquid Combustion Technology LLC (US), Champion Power Equipment (US), Fuzhou Launtop M&E Co. Ltd (China), Maruyama Mfg. Co. Inc. (Japan) and Lifan Power (US). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Small Gas Engines Market from 2021 to 2030.
- Market Forecast for Small Gas Engines Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Small Gas Engines competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Small Gas Engines
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Small Gas Engines market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Small Gas Engines market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Briggs and Straton Corporation (US), Honda Motor Co. (Japan), Kohler Co (US), Kawasaki Heavy Industries (Japan), Fuji Heavy Industries (Japan), Yamaha Motor Co. (Japan), Kubota Corporation (Japan), Liquid Combustion Technology LLC (US), Champion Power Equipment (US), Fuzhou Launtop M&E Co. Ltd (China), Maruyama Mfg. Co. Inc. (Japan) and Lifan Power (US).
Primary Target Market
- Market Players of Small Gas Engines
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Small Gas Engines market based on the below-mentioned segments:
Global Small Gas Engines Market, By Equipment
Lawn Mower
Chainsaw
String Trimmer
Hedge Trimmer
Portable Generator
Rotary Tiller
Pressure Washer
Concrete Vibrators
Concrete Screed
Edger
Leaf Blower
Snow Blower
Others
Global Small Gas Engines market, By Engine Displacement
20 cc to 100 cc
101 cc to 400 cc
401 cc to 600 cc
Global Small Gas Engines Market, By End User
Gardening
Construction
Industrial
Global Small Gas Engines market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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