Small Gas Engines Market Size & Share, by Application (Gardening, Industrial, Construction); Equipment (Portable Generator, Lawnmower, Chainsaw, Leaf Blower, Pressure Washer); Type (20100 CC, 101450CC, 451650CC) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4920
  • Published Date: Aug 11, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Small Gas Engines Market size set to surpass USD 10 Billion by the end of 2035, growing at a CAGR of 7.20% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of small gas engines was around USD 4 Billion. The increasing awareness among individuals regarding the rise in carbon dioxide emissions is a factor contributing to this market growth. Small engines are known for their fuel efficiency and compliance with government regulations, which further accelerates their demand in the market. According to NASA Global Climate Change data human activities have caused an increase of around 50 percent in atmospheric carbon dioxide levels within less, than two centuries.

Moreover, Small gas engines are commonly used in construction equipment such as concrete mixers, compactors, and power generators. These engines are reliable, powerful, and fuel efficient, making them ideal for construction sites with limited access to grid power or fuel sources. The growth in the construction industry, both residential and commercial, directly impacts the demand for small gas engines.


Small Gas Engines Market
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Small Gas Engines Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand for Outdoor Power Equipment-  Outdoor power equipment is sold to homeowners, rental yards, colleges, and others. Moreover, the small gas engines are growingly used to remove snow from unwanted areas. The areas which are highly populated with heavy rainfall are increasingly opting for outdoor power tools and equipments. Therefore, it is expected to rise the growth of the market over the forecast period. Sukayu Onsen in Japan receives nearly 690 inches of snow annually, and is stated as one of the most populated place with heavy rainfall, as per the reports.
  • Rising Use of Portable Generators- As per recent research, the portable generators annual shipment is expected to increase by more than 1 Million units in the United States by the end of 2024. The small gas engines are commonly used for portable generators used for commercial as well as residential purposes. This is due to the increasing demand for backup power supply for commercial as well as residential purposes, due to the increasing number of power outages and natural disasters. Thus, the surging use of portable generators is expected to increase the market’s growth.
  • Surging Trend of Renting Automated Equipment - According to the data, the average household expenditure on garden supplies and services has increased to nearly USD 300 in Canada in the year 2019. There has been increase in the expense of gardening for the household, which is growing the concept of renting equipment rather than buying it. Hence, it is anticipated to drive the growth of the global small gas engines market by the end of 2035.

Challenges

  • Regular Maintenance of Small Gas Engine- There is a requirement for frequent maintenance of small gas engines. The engine oil should be regularly checked or changed, otherwise it can result in rapid engine wear. The requirement for frequent maintenance and oil changes are time consuming and costly. This increases the overall cost of ownership and affects consumer willingness to buy these engines, thus hindering the growth of the global small gas engines market.
  • Increase in the Prices of Small Gas Engines
  • Stringent Emissions Standard by the Government

Small Gas Engines Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~7.20%

Base Year Market Size (2022)

~ USD 4 Billion

Forecast Year Market Size (2035)

~ USD 10 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Small Gas Engines Segmentation

Equipment (Portable Generator, Lawnmower, Chainsaw, Leaf Blower, Pressure Washer)

The lawnmower segment in the small gas engines market is estimated to gain the largest revenue share of about 38% in the year 2035. The growth of the segment can be attributed to the increasing demand for lawnmower in the commercial and residential sectors. Moreover, it is required in public parks, lawns, gardens for cutting the grass.

In addition, there are high chances of insects staying between the long grasses, that can lead to diseases such as dengue. Small gas engines are lightweight, portable and powerful, making them ideal for use in lawnmowers. They are typically more fuel-efficient than larger gas engines, and they don't require a lot of maintenance.

Application (Gardening, Industrial, Construction)

Small gas engines market from the gardening segment is estimated to gain the significant share of about 42% in the year 2035. The segment growth can be attributed to the Increasing preference for gardening activities and rising need of efficient and cost-effective gardening tools like small gas engines. This is due to the convenience and versatility of small gas engines, as they offer a wide range of features and benefits that make them ideal for gardening activities.

Furthermore, the growing trend of urban gardening and the rising demand for organic produce have been driving the demand for small gas engines for gardening tasks.

Our in-depth analysis of the global market includes the following segments:

    Application

  • Gardening
  • Industrial
  • Construction

    Equipment

  • Portable Generator
  • Lawnmower
  • Chainsaw
  • Leaf Blower
  • Pressure Washer

    Type

  • 20100 CC
  • 101450CC
  • 451650CC

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Small Gas Engines Industry - Regional Synopsis

North American Market Forecast

The market share of small gas engine in North America is projected to be the largest with a share of about 35% by the end of 2035. The growth of the market can be attributed majorly to the increasing number of small gas engine projects in the region. For instance, in order to reduce costs and combat climate change, NASA works with US industry to develop small core aircraft engines.

Moreover, the surging trend of renting the equipment in countries such as the U.S and Canada, is further surging the demand for small gas engines for the rental equipment. Furthermore, the government support through investment in construction, and infrastructure projects that require portable generators, and other tools is further anticipated to rise the market’s growth in the region. As per recent reports, nearly 1,400,000 new housing units were completed in the United States in January 2022.

APAC Market Statistics

The Asia Pacific small gas engines market is estimated to be the second largest, registering a share of about 28% by the end of 2035. The growth of the market can be attributed majorly to the increasing manufacturing of various components that are widely used for gardening equipment.

Moreover, the rapid industrialization in the countries such as China, and India is further contributing to the demand for small gas engines in their operations. As these countries have seen an increase in their industrial output and manufacturing, they are looking for efficient ways to power their operations. Small gas engines provide an affordable and efficient source of power and have become increasingly popular as a result.

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Small Gas Engines Market Size
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Companies Dominating the Small Gas Engines Landscape

top-features-companies
    • Kubota Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Briggs & Stratton Corporation
    • Kohler Co.
    • Lombardini Srl
    • Sinoquip Power
    • Fuzhou Launtop M&E Co., Ltd.
    • Koki Holdings Co., Ltd.
    • Champion Power Equipment
    • Liquid Combustion Technology
    • Lifan Power

In-the-news

In The News

  • Kawasaki Heavy Industries, Ltd. announced the shipment of one KG 18 Kawasaki Green Gas Engine to major Taiwanese chemical company. This engine is designed to increase efficiency and reduce emissions from chemical production processes, thereby helping the company to reduce its environmental impact.
  • Briggs & Stratton Corporation announced the acquisition of SimpliPhi Power that store wind, solar, and solar power for future use by industrial, commercial, and residential customers. This purchase will allow Briggs & Stratton to expand their product portfolio and offer customers a more efficient and reliable way to store and use renewable energy.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 4920
  • Published Date: Aug 11, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the small gas engines market include increasing demand for portable power and energy efficiency, and government initiatives for promoting the use of small gas engines.

The market size of small gas engines is anticipated to attain a CAGR of 7.20% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Briggs & Stratton Corporation, Honda Motors Co., Ltd., Kohler Co., Maruyama Mfg. Co. Inc, Champion Power Equipment, Liquid Combustion Technology, Yamaha Motor Corp., Kawasaki Heavy Industries, Ltd., and others.

The portable generator segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Small Gas Engines Market Report Scope
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