According to the report, the Small Gas Engines market is predicted to achieve USD 3,616 million by 2026. This report examines the status quo and projections of the global Small Gas Engines market and analyzes the Small Gas Engines market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
A small gas engine is a small internal combustion engine which runs on a gas fuel, such as coal gas, producer gas, biogas, landfill gas or natural gas.
The Small Gas Engines market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
Briggs & Straton Corporation
Honda Motor Co.
Kohler Co.
Kawasaki Heavy Industries
Fuji Heavy Industries
Yamaha Motor Corp.
Kubota Corporation
Liquid Combustion Technology, LLC
Kipor Power
Champion Power Equipment
Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.
Loncin Industries
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the Small Gas Engines global market is poised to reach USD 3,616 million in 2026 from USD 2,709 million in 2019, with a CAGR of 4.21%.
Facilitating and Limiting Factors:
The Small Gas Engines market is expected to register substantial growth in the coming years, owing to a growth in the construction industry and an increasing demand for Small Gas Engines in Gardening and Industrial applications. Moreover, Contractors and homeowners are increasingly turning to rent outdoor power equipment due to lower costs and lowest maintenance costs, which is also projected to boost the growth of the market. However, eco-friendly alternatives, such as electric, battery, and hybrid-powered engines can pose a challenge to the growth of the market.
The global Small Gas Engines market is broadly divided based on type, application, and region:
By type - 20–100cc, 101–450cc, 451–650cc
The 101-450cc segment is anticipated to dominate the market during the forecast period. The 101–450cc engine is mainly used in lawnmowers, snow blowers, portable generators, and pressure washers.
By application - Gardening, Industrial, Construction, Others
The gardening segment accounted for the largest market share in 2018 and is expected to show significant growth in the coming years, owing to the growing adoption in the residential and commercial construction industries and the demand for outdoor power equipment in landscaping services.
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
North America was the largest market at a share of 66.56% in 2018 an is expected to show the same trend in the near future. The dominance in this region can be attributed to the strong investment in the construction of smart and green buildings in the United States and Canada which drives the demand for small gas engines. In addition, the increase in the number of golf course is also anticipated to accelerate the growth of the market in this region. Europe is currently leading Asia-Pacific with a share of 20.13% and 5.21%.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Small Gas Engines Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Small Gas Engines Market by Types
4 Segmentation of Small Gas Engines Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Small Gas Engines Market in Major Countries
7 North America Small Gas Engines Landscape Analysis
8 Europe Small Gas Engines Landscape Analysis
9 Asia Pacific Small Gas Engines Landscape Analysis
10 Latin America, Middle East & Africa Small Gas Engines Landscape Analysis
11 Major Players Profile
11.1 Briggs & Straton Corporation
11.1.1 Briggs & Straton Corporation Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Honda Motor Co.
11.3 Kohler Co.
11.4 Kawasaki Heavy Industries
11.5 Fuji Heavy Industries
11.6 Yamaha Motor Corp.
11.7 Kubota Corporation
11.8 Liquid Combustion Technology, LLC
11.9 Kipor Power
11.10 Champion Power Equipment
11.11 Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.
11.12 Loncin Industries
…
Audience:
l Small Gas Engines manufacturers
l Small Gas Engines importers and exporters
l Small Gas Engines traders, distributors, and suppliers
l Raw material suppliers of Small Gas Engines
l Small Gas Engines industry associations
l Product managers, Small Gas Engines industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
What Information does this report contain?
l The report covers the prediction and analysis of the global Small Gas Engines market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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