Global Small Gas Engines Market Insights Forecasts to 2033

• The Global Small Gas Engines Market Size was Valued at USD 3.39 Billion in 2023
• The Market Size is Growing at a CAGR of 4.72% from 2023 to 2033
• The Worldwide Small Gas Engines Market Size is Expected to Reach USD 5.37 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Small Gas Engines Market Size is Anticipated to Exceed USD 5.37 Billion by 2033, Growing at a CAGR of 4.72% from 2023 to 2033.

Market Overview

Small gas engines are those which require low power to function and need separate power sources. This includes various outdoor machines like lawnmowers, generators, concrete mixers, rotary tillers, string trimmers, edgers, etc. Cutting, trimming, and maintaining lawns are the major uses of these outdoor power equipment and are also highly demanded in golf courses, sports fields, and gardens. These engines run on natural gas, coal gas, landfill gas, and biogas, and a small displacement engine. These engines are made up of low power output range and comprise a compressed system design. The four-stroke or two-stroke are the two diverse formations based on the combustion cycle. The increase in demand for lawnmowers propels the demand for the global small gas engines market. The rise in carbon dioxide emission is a factor that contributes to the growth of the global small gas engines market due to the increasing awareness among individuals about this issue. Further, the growth is driven by fuel proficiency and obedience to government guidelines. These engines are ideal for fuel efficiency, reliability, and power for construction sites. The demand for small gas engines is directly impacted by the growth in the construction segment, both in the residential and commercial sectors.

Report Coverage

This research report categorizes the market for the global small gas engines market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global small gas engines market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global small gas engines market.

Driving Factors

Small gas engines are commonly used to remove snow from gardens, lawns, and roads. These types of equipment are sold to universities, rental farms, hospitals, and landowners. The areas affected by heavy rainfall are progressively adopting outdoor power equipment and tools. Hence, it is anticipated to boost the market during the projected period. The portable generators are widely used for commercial and housing purposes. The increasing need for a backup supply of electricity in residential areas, because of power outages and natural calamities, is seen in the increase in the portable generators market. Hence, this increases the growth of the small gas engine market. Also, the renting of equipment facility rather than buying it helps the market to grow. Moreover, the demand for small gas engines is accelerated by the increasing awareness about health and its impact on the environment. Small gas engines are fuel-efficient which reduces costs, cuts down the adverse impact on the environment, and reduces noise. This helps the market to boost. Companies are investing more in research and development to gain more efficient and eco-friendly small gas engines.

Restraining Factors

The small gas engines are quite expensive. Due to its structure and design, the manufacturing price for small gas engines is very high. Also, the components that are required to build a machine are imported from other countries, which increases its total cost. For small gas engines to operate at their best and last a long time, frequent maintenance is necessary, but some customers and organizations may find it difficult to afford the related expenses.

Market Segmentation

The global small gas engines market share is classified into type, equipment, and application.

• The 101-450 CC segment is anticipated to dominate the market during the forecast period.

Based on the type, the global small gas engines market is divided into 20-100 CC, 101-450 CC, and 451-650 CC. Among these, the 101-450 CC segment is anticipated to dominate the market during the forecast period. These engines are highly demanded and are installed in the market due to their heavy use in landmowers and other equipment.

• The lawnmower segment is anticipated to grow at the highest CAGR in the market during the projected period.

Based on the equipment, the global small gas engines market is divided into lawnmower, chainsaw, leaf blower, portable generator, pressure washer, and others. Among these, the lawnmower segment is anticipated to grow at the highest CAGR in the market during the projected period. Residential and commercial sectors need the lawnmowers most because of their broad application. To manage grass in the parks, lawns, fields, and gardens, lawnmowers are widely used.

• The gardening segment is estimated to dominate the global small gas engines market during the projected period.

Based on the application, the global small gas engines market is divided into construction, industrial, and gardening. Among these, the gardening segment is estimated to dominate the global small gas engines market during the projected period. The gardening segment requires trimmers, lawnmowers, and portable generators. This increases the growth of the market rapidly. Gardeners are required to maintain the growth of the grass and to maintain grass they need outdoor power equipment. This increases the installation rate of this equipment and propels the growth of the market.

Regional Segment Analysis of the Global Small Gas Engines Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to dominate the global small gas engines market during the projected period.

 North America is anticipated to dominate the global small gas engines market during the projected period. In this region, construction and industrial segments are perceiving sophisticated growth. In North America, equipment renting facilities are increasing the growth of the global small gas engines market.  Also, there is a high demand for outdoor equipment in this region. In this region, construction sectors are highly funded by the U.S. and Canada. The government of Canada has invested in infrastructure-building around the country. In the U.S., there is a high rate of landownership which contributes to the increased demand for small gas engines for lawn care and lawn maintenance. Landowners invest more in small gas engine equipment to maintain their home landscape. This increases the growth of the market.

Asia Pacific region is expected to grow fastest in the global small gas engines market during the forecast period. In this region, the requirement for advanced machinery is increasing. In the Asia Pacific region, the commercial and housing areas are thriving, and also industrialization is extensively growing. Due to the increased requirement of gardening and industrial equipment, the production of these machinery has increased. Also, the renting companies of the equipment contribute to the market's overall growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the small gas engines market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Briggs and Straton Corporation
• Honda Motor Co.
• Kohler Co.
• Kawasaki Heavy Industries
• Fuji Heavy Industries
• Yamaha Motor Co.
• Kubota Corporation
• Liquid Combustion Technology LLC.
• Champion Power Equipment
• Fuzhou Launtop M&E Co. Ltd.
• Maruyama Mfg. Co. Inc.
• Lifan Power
• Kipor Power
• Lombardini Srl
• Sinoquip Power
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2023, the leading manufacturer of gasoline engines for outdoor power equipment, Briggs & Stratton, relocated its engine component manufacturing to Auburn.

• In June 2022, the demonstration testing of MHIENG's CO2 capture technology in MHIET's gas engine generating sets was started by MITSUBISHI HEAVY INDUSTRIES ENGINEERING, LTD. and Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., the two group businesses of MITSUBISHI HEAVY INDUSTRIES ENGINEERING, LTD. The testing was a crucial part of MHI Group's "MISSION NET ZERO" effort, which aimed to achieve carbon neutrality, and it would be important to decarbonize any sector.

• In October 2021, a measure that was put into law by the California government is probably going to phase out the sale of brand-new gas-powered small off-road engines (SOREs), which are mostly found in outdoor power equipment. The California Air Resources Board (CARB) must establish zero emissions standards for small off-road engines by 2024 by AB 1346.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the small gas engines market based on the below-mentioned segments: 

Global Small Gas Engines Market, By Type

• 20-100 CC
• 101-450 CC
• 451-650 CC

Global Small Gas Engines Market, By Equipment

• Lawnmower
• Chainsaw
• Leaf Blower
• Portable generator
• Pressure Washer
• Others

Global Small Gas Engines Market, By Application

• Construction
• Industrial
• Gardening

Global Small Gas Engines Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa