Small Gas Engine Market Report: Trends, Forecast and Competitive Analysis to 2030
Small Gas Engine Trends and Forecast
The future of the small gas engine market looks promising with opportunities in the gardening, construction, and industrial markets. The small gas engine market is expected to reach an estimated $3.3 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are rising demand for outdoor power equipment, stringent emission regulations, along with technological advancements and increasing need for backup power generators.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Small Gas Engine by Segment
The study includes a forecast for the global small gas engine by engine displacement, equipment, end use, and region.
Small Gas Engine Market by Engine Displacement [Shipment Analysis by Value from 2018 to 2030]:
- 20 CC–100 CC
- 101 CC– 400 CC
- 401 CC– 650 CC
Small Gas Engine Market by Equipment [Shipment Analysis by Value from 2018 to 2030]:
- Chainsaws
- Tillers
- Hedge Trimmers
- String Trimmers
- Concrete Vibrators
- Concrete Screeds
- Lawn Mowers
- Others
Small Gas Engine Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Gardening
- Construction
- Industrial
- Others
Small Gas Engine Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Small Gas Engine Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies small gas engine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the small gas engine companies profiled in this report include-
- Briggs & Stratton
- Honda Motor
- Kohler
- Kawasaki Heavy Industries
- Yamaha Motor
- KUBOTA
- Liquid Combustion Technology
- KIPOR
- Champion Power Equipment
- Fuzhou Launtop
Small Gas Engine Market Insights
Lucintel forecasts that 101 cc–400 cc will remain the largest segment over the forecast period due to high demand and installation of engines used in lawnmowers and other equipment which needs high torque.
North America will remain the largest region over the forecast period due to rapid urbanisation and development, as well as, there are many people in the region who are investing in their outside spaces.
Features of the Small Gas Engine Market
Market Size Estimates: Small gas engine market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Small gas engine market size by engine displacement, equipment, end use, and region in terms of value ($B).
Regional Analysis: Small gas engine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different engine displacement, equipment, end use, and regions for the small gas engine market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the small gas engine market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the small gas engine market size?
Answer: The global small gas engine market is expected to reach an estimated $3.3 billion by 2030.
Q2. What is the growth forecast for small gas engine market?
Answer: The global small gas engine market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the small gas engine market?
Answer: The major drivers for this market are rising demand for outdoor power equipment, stringent emission regulations, along with technological advancements and increasing need for backup power generators.
Q4. What are the major segments for small gas engine market?
Answer: The future of the small gas engine market looks promising with opportunities in the gardening, construction, and industrial markets.
Q5. Who are the key small gas engine market companies?
Answer: Some of the key small gas engine companies are as follows:
- Briggs & Stratton
- Honda Motor
- Kohler
- Kawasaki Heavy Industries
- Yamaha Motor
- KUBOTA
- Liquid Combustion Technology
- KIPOR
- Champion Power Equipment
- Fuzhou Launtop
Q6. Which small gas engine market segment will be the largest in future?
Answer: Lucintel forecasts that 101 cc–400 cc will remain the largest segment over the forecast period due to high demand and installation of engines used in lawnmowers and other equipment which needs high torque.
Q7. In small gas engine market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rapid urbanisation and development, as well as, there are many people in the region who are investing in their outside spaces.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the small gas engine market by engine displacement (20 cc–100 cc, 101 cc– 400 cc, and 401 cc– 650 cc), equipment (chainsaws, tillers, hedge trimmers, string trimmers, concrete vibrators, concrete screeds, lawn mowers, and others), end use (gardening, construction, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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