Small Engine Market, By Engine Type (Horizontal Engines and Vertical Engines), By Fuel Type (Gasoline Engines and Diesel Engines), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global small engine market is witnessing steady growth owing to rising demand from various end-use industries such as lawn and garden equipment, construction equipment, agricultural machinery, and portable generators. Small engines are lightweight internal combustion engines that run on gasoline or diesel fuel to power equipment for industrial and residential uses. Their compact size and ease of use make them suitable for commercial and domestic applications where large equipment may not be suitable. With growing urbanization and demand for powered equipment for various applications, the small engine market is expected to thrive over the coming years.

Market Dynamics:

The global small engine market is driven by strong demand from the construction and agriculture industries. Rapid infrastructure development activities around the world fuel the construction equipment industry's growth, propelling the demand for small engines in power generators, pressure pumps, and other equipment. Furthermore, increasing mechanization of agricultural processes and the growing global population are augmenting the agriculture sector's demand. However, strict emission norms imposed on fuel-powered engines pose a challenge to market growth. Moreover, high dependency on fossil fuels subjects this market to fuel price volatility risks. On the positive side, technological advancements centered around improving fuel efficiency, reducing emissions, and developing hybrid/electric engines present lucrative opportunities.

Key Features of the Study:

  • This report provides in-depth analysis of the global small engine market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global small engine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Briggs & Stratton, Honda Motor Co. Ltd., Yamaha Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Kohler Co., Kubota Corporation, Yanmar Co. Ltd., Generac Holdings Inc., Lifan Power USA, Mitsubishi Heavy Industries Ltd., Tillotson Ltd., Hatz Diesel, Chongqing Fuchai, Changchai Co. Ltd., and Subaru Industrial Power Products
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global small engine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global small engine market
Market Segmentation
  • Engine Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Horizontal Engines
  • Vertical Engines
  • Fuel Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Gasoline Engines
  • Diesel Engines
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Briggs & Stratton
  • Honda Motor Co. Ltd.
  • Yamaha Motor Co. Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Kohler Co.
  • Kubota Corporation
  • Yanmar Co. Ltd.
  • Generac Holdings Inc.
  • Lifan Power USA
  • Mitsubishi Heavy Industries Ltd.
  • Tillotson Ltd.
  • Hatz Diesel
  • Chongqing Fuchai
  • Changchai Co. Ltd.
  • Subaru Industrial Power Products


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Small Engine Market, By Engine Type
Global Small Engine Market, By Fuel Type
Global Small Engine Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Small Engine Market, By Engine Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Horizontal Engines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Vertical Engines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Small Engine Market, By Fuel Type, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Gasoline Engines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Diesel Engines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Small Engine Market, By Region, 2020 - 2032, Value (USD Bn)
Introduction
Market Share (%) Analysis, 2025,2028 & 2032, Value (USD Bn)
Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Engine Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Fuel Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Engine Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Fuel Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Engine Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Fuel Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Engine Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Fuel Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Engine Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Fuel Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Engine Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Fuel Type, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
South Africa
North Africa
Central Africa
7. Competitive Landscape
Briggs & Stratton
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Honda Motor Co. Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Yamaha Motor Co. Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Kawasaki Heavy Industries Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Kohler Co.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Kubota Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Yanmar Co. Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Generac Holdings Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Lifan Power USA
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Mitsubishi Heavy Industries Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Tillotson Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Hatz Diesel
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Chongqing Fuchai
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Changchai Co. Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Subaru Industrial Power Products
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on 'Small Engine Market' - Global forecast to 2032

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