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Thursday, February 24, 2022

Global Small Gas Engines Market to be Driven by the Development of Eco-Friendly Small Gas Engine Technology in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Small Gas Engines Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global small gas engines market, assessing the market based on its segments like equipment, displacements, end-uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2021): USD 2.86 billion
  • Forecast CAGR (2022-2027): 1%
  • Forecast Market Size (2027): USD 3.64 billion

The global market for small gas engines is being driven by the rising use of small sized engines in lawn mowers, leaf blowers, and snow blowers, among others. The ability of small engines to provide propulsion, drive wheels, and turn blades for clearing grass or snow are some factors positively influencing the market growth. In addition, there has been a significant rise in gardening activities during the recent years, which was further propelled by the lockdown induced as a result of the COVID-19 pandemic in 2020. Furthermore, technological improvements in small gas engine technology by leading industry players are factors which are further adding to the industry growth.

Industry Definition and Segmentation

Small gas engines are low powered internal combustion engines that carry a displacement rate of 20cc to 650cc and are equipped with systems like fuel, exhaust, ignition, combustion, cooling, and lubrication, among others. Small engines are popularly used in equipment such as lawn mowers, chainsaws, leaf and snow blowers, and concrete mixers, among others.

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On the basis of equipment, the market can be segmented into:

  • Lawn Mower
  • Chainsaw
  • String Trimmer
  • Hedge Trimmer
  • Portable Generator
  • Rotary Tiller
  • Pressure Washer
  • Concrete Vibrators
  • Concrete Screed
  • Edger
  • Leaf Blower
  • Snow Blower
  • Others

Based on engine displacement, the market can be categorised into:

  • 20 cc–100 cc
  • 101 cc–400 cc
  • 401 cc–650 cc

The market, based on end-use, can be divided into:

  • Residential
  • Construction
  • Industrial
  • Commercial
  • Others

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The rise in the global market for small gas engines can be associated with the flourishing construction industry. Small gas engines are used as outdoor power equipment in concrete mixers in the construction industry. In addition, the rise in commercial and residential construction projects during the past years has been a significant factor pushing the market growth of small gas engines. Furthermore, with stringent emission norms and the development of technologies like engine boosting, gasoline direct injection (GDI), and homogenous charge compression ignition (HCCI), among others, along with the incremental use in biofuels, the market is expected to witness a surge in the forecast period.

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Key Market Players

The major players in the market are Briggs And Stratton Corporation, Kohler Co., Kawasaki Heavy Industries, Ltd., Kipor Power, and Fuzhou Launtop M&E Co., Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
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City: Sheridan
State: Wyoming
Country: United States

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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