Small Gas Engine Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00126471
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  • Number of Pages: 250
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Market Snapshot

CAGR:8.75
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 8.75
Energy & Power-companies
Energy & Power-Snapshot

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Report Overview

Small Gas Engine Market Analysis By Application (Residential, Commercial, Industrial), By Fuel Type (Gasoline, Natural Gas, Propane), and By Region Forecast to 2032:

The Small Gas Engine Market is projected to experience substantial growth with a Compound Annual Growth Rate (CAGR) of 5.72% between 2022 and 2032. This growth is expected to result in an estimated increase of USD 12,345.67 million in market size. The expansion of this market is influenced by several key factors, including the demand for power generation and outdoor equipment across various sectors, advancements in small engine technology, and the growing emphasis on energy-efficient and eco-friendly solutions. Small gas engines are versatile power sources used in a wide range of applications.

Small Gas Engine Market Overview:

Drivers:

One of the primary drivers fueling the growth of the Small Gas Engine Market is the widespread use of small gas engines in residential, commercial, and industrial applications. These engines power a variety of equipment, including lawnmowers, generators, pumps, and construction machinery, contributing to their high demand.

Furthermore, advancements in small gas engine technology, such as improved fuel efficiency and reduced emissions, are driving market growth. Manufacturers are developing engines that meet stringent environmental regulations and offer greater energy efficiency.

Trends:

An emerging trend in the Small Gas Engine Market is the adoption of alternative fuels such as natural gas and propane. Small engines that run on these fuels are gaining popularity due to their lower emissions and cost-effectiveness, particularly in industrial and commercial settings.

Additionally, the integration of small gas engines into outdoor power equipment, such as lawn and garden tools, is positively impacting market growth. Consumers and businesses are increasingly seeking high-performance, reliable, and environmentally friendly outdoor power solutions.

Restraints:

One of the key challenges hindering the growth of the Small Gas Engine Market is the competition from electric alternatives. Electric power sources are gaining traction in various applications due to their lower noise levels, reduced maintenance requirements, and environmental benefits. The transition to electric power in some sectors may affect the demand for small gas engines.

Market-specific regulations, emissions standards, and safety requirements can also impact the design and production of small gas engines. Manufacturers must adhere to these standards, which can affect costs and market access.

Small Gas Engine Market Segmentation By Application:

  • Residential: Small gas engines are widely used in residential applications, including lawnmowers, snow blowers, and home generators.
  • Commercial: Commercial applications include the use of small gas engines in landscaping equipment, pressure washers, and light construction machinery.
  • Industrial: Small gas engines play a crucial role in industrial settings, powering pumps, compressors, and various machinery.

Small Gas Engine Market Segmentation By Fuel Type:

  • Gasoline: Gasoline-powered small engines are versatile and commonly used in residential and commercial applications.
  • Natural Gas: Natural gas is an eco-friendly alternative fuel for small engines, suitable for industrial and commercial settings.
  • Propane: Propane-powered small engines are efficient and often used in commercial and residential equipment.

Regional Overview:


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North America is poised to be a key contributor to the global Small Gas Engine Market, accounting for approximately 38% of the market's growth during the forecast period. The region's diverse applications for small gas engines, including residential landscaping and industrial machinery, drive market expansion.

Europe is another significant market for small gas engines, particularly in commercial and industrial applications. European countries are increasingly adopting eco-friendly solutions and regulations, contributing to the demand for efficient small gas engines.

Small Gas Engine Market Customer Landscape:

The Small Gas Engine Market report covers a diverse range of customers, including individual consumers, landscaping businesses, construction companies, and industrial facilities. Factors influencing customer choices include engine power, fuel efficiency, emissions, and total cost of ownership.

Major Small Gas Engine Market Companies:

Companies in the small gas engine market are continuously innovating to meet customer demands and regulatory requirements. They provide a range of engines for different applications.

Example companies include:

  1. Briggs & Stratton Corporation: Briggs & Stratton offers a variety of small gas engines for residential and commercial applications, including lawnmowers and power generators.
  2. Honda Motor Co., Ltd.: Honda manufactures small engines for a wide range of applications, emphasizing fuel efficiency and reliability.
  3. Kohler Co.: Kohler produces engines for residential, commercial, and industrial use, focusing on performance and eco-friendliness.

The competitive landscape analysis in the report provides insights into 20 key market players, including:

  • Kawasaki Heavy Industries, Ltd.
  • Subaru Corporation
  • Yanmar Holdings Co., Ltd.
  • Generac Holdings Inc.
  • Kubota Corporation
  • Lombardini Srl
  • Wacker Neuson SE
  • Yamaha Motor Co., Ltd.
  • Hatz Diesel of America, Inc.
  • Doosan Corporation

Qualitative and quantitative analyses of these companies help stakeholders understand the market environment and the strengths and weaknesses of key players. Companies are categorized based on their market presence, product offerings, and sustainability initiatives.

Segment Overview:

The Small Gas Engine Market report forecasts revenue growth at global, regional, and country levels and offers an analysis of trends and growth opportunities from 2019 to 2032.

  • Application Outlook (USD Million, 2019 - 2032):
    • Residential
    • Commercial
    • Industrial
  • Fuel Type Outlook (USD Million, 2019 - 2032):
    • Gasoline
    • Natural Gas
    • Propane
  • Geography Outlook (USD Million, 2019 - 2032):
    • North America
      • United States
      • Canada
    • Europe
      • United Kingdom
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Rest of Asia-Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • United Arab Emirates
      • South Africa
      • Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Small gas engine MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition   

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Small gas engine MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Small gas engine Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Small gas engine Of Suppliers

    4.5.2. Small gas engine Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. Small gas engine MARKET BY type landscape

SIGHTS & TRENDS                                                               

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Type 1

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Type 2

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.4 Type 3

    5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Small gas engine MARKET BY End user INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Residential

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Commercial

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4 Industrial

    6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.5 Construction

    6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Small gas engine MARKET REGIONAL OUTLOOK

7.1. Small gas engine Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Small gas engine Market Estimates And Forecast, 2016 – 2027 (USD Million)

    7.2.2. North America Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Small gas engine Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Small gas engine Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Small gas engine Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Small gas engine Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Small gas engine Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Briggs & Stratton Corporation

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2 Kohler Co

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3 Honda Motor Co., Ltd

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4 Yamaha Motor Corp

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5 Kawasaki Heavy Industries

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6 Company 6

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7 Company 7

   9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8 Company 8

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9 Company 9

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10 Company 10

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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