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 â€“ 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.