Global Small Gas Engines for Lawn Mowers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Small Gas Engines for Lawn Mowers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Small Gas Engines for Lawn Mowers market finds that the global Small Gas Engines for Lawn Mowers market reached a value of USD 1357.19 million in 2022. It’s expected that the market will achieve USD 1572.42 million by 2028, exhibiting a CAGR of 2.48% during the forecast period.

Challenges

The political turmoil affecting gas supply has not only limited the development of the natural gas market, but also the development of the small gas engine industry. Limited gas reserves and infrastructure issues are the main challenges facing the gas engine market. At the same time, the small gas engine market for lawnmowers is facing threats to the market from environmentally friendly alternatives such as electric, battery and hybrid engines. In addition, equipment providers can choose to integrate and manufacture internal engines to power their equipment, which also poses a threat to manufacturers of small gas engines.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Briggs & Stratton, Honda Motor and Kohler with the revenue market share of 24.42%, 11.66% and 8.42% in 2019.

Briggs & Stratton Corporation headquartered in Milwaukee, Wisconsin, is focused on providing power to get work done and make people's lives better. Briggs & Stratton is the world’s largest producer of gasoline engines for outdoor power equipment, and is a leading designer, manufacturer and marketer of power generation, pressure washers, lawn and garden, turf care and job site products through its Briggs & Stratton®, Simplicity®, Snapper®, Ferris®, Vanguard™, Allmand®, Billy Goat®, Murray®, Branco® and Victa® brands. Briggs & Stratton products are designed, manufactured, marketed and serviced in over 100 countries on six continents. These products are sold through consumer home centers, department stores, mass merchants, warehouse clubs, independent dealers and online.

Honda Motor Co., Ltd. is a Japanese public multinational conglomerate corporation primarily known as a manufacturer of automobiles, aircraft, motorcycles, and power equipment.

Segmentation Overview:

Among different product types, 200-400 cc segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Household Lawn Mowers segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Small Gas Engines for Lawn Mowers market covered in Chapter 3:

Yamaha
Honda Motor
Kohler
Champion Power Equipment
Loncin Industries
Briggs & Stratton
Kawasaki
Lifan Power

In Chapter 4 and Chapter 14.2, on the basis of types, the Small Gas Engines for Lawn Mowers market from 2018 to 2029 is primarily split into:

Under 200 cc
200-400 cc
Above 400cc

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Small Gas Engines for Lawn Mowers market from 2018 to 2029 covers:

Household Lawn Mowers
Commercial Lawn Mowers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)