Market Overview:
The global small engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for small engines in various applications such as gardening equipment, agricultural equipment, construction equipment, and others. Additionally, the growing demand for gasoline and diesel engines across different regions is also propelling the growth of this market. The gasoline engine segment is expected to dominate the global small engine market during the forecast period owing to its high adoption rate in various applications.
Product Definition:
Small Engine is a term used for engines that have a low displacement. These engines are often used in small vehicles and equipment, such as lawnmowers and chainsaws. Small engines are important because they offer an affordable alternative to larger, more expensive engines. They are also easier to maintain and operate than larger engines.
Gasoline Engines:
Gasoline engines are the most commonly used type of internal combustion engine. They are designed to burn a mixture of gasoline and air for power with the help of a spark plug. The first practical gasoline engine was built in 1876 by Nikolaus August Otto and was called as “Otto cycle”.
Diesel Engines:
Diesel engines are the most commonly used engine type across the world. They are primarily used for transportation purposes in two forms-diesel cars and diesel trucks. The demand for these engines is high due to their ability to provide more power to vehicles than petrol or gas engines.
Application Insights:
The construction equipment segment accounted for the largest revenue share of over 30% in 2017. The demand for small engines is expected to increase in construction activities owing to their ability to perform heavy work loads and operate continuously without requiring scheduled downtime. Moreover, these engines are widely used in residential as well as commercial applications across all major economies on a global scale.
The others application segment includes personal care products such as hair clippers, shavers and weed eaters among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for small engines in countries such as China, India, and Japan. In addition, rising disposable income levels and improving economic conditions are likely to contribute toward increased product demand in this region.
The Asia Pacific market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high product penetration rates coupled with low production costs associated with manufacturing small engines in economies including China and India as compared to other developed regions such as North America or Europe).
Europe accounted for more than 25% of the global revenue share in 2017 owing high product penetration rates coupled with favorable regulations regarding utilization of alternative fuel vehicles across countries including Germany, France, Italy among others which are anticipated propel industry growth over the coming years.
Growth Factors:
- Increasing demand for small engines in the agricultural and construction sectors.
- Growing popularity of small engine-powered recreational vehicles, such as ATVs, snowmobiles, and boats.
- Rising demand for portable power generators to meet backup power needs during outages or emergencies.
- Increasing use of small engines in lawn care and landscaping applications.
- Technological advancements that improve the efficiency and performance of small engines
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Engine Market Research Report
By Type
Gasoline Engines, Diesel Engines
By Application
Gardening Equipment, Agricultural Equipment, Construction Equipment, Others
By Companies
Honda, Yanmar, Briggs & Stratton, Kohler Power, Kubota, Generac, Changchai, Kawasaki, Yamaha Motor, Hatz, Chongqing Fuchai
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Small Engine Market Report Segments:
The global Small Engine market is segmented on the basis of:
Types
Gasoline Engines, Diesel Engines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Gardening Equipment, Agricultural Equipment, Construction Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honda
- Yanmar
- Briggs & Stratton
- Kohler Power
- Kubota
- Generac
- Changchai
- Kawasaki
- Yamaha Motor
- Hatz
- Chongqing Fuchai
Highlights of The Small Engine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gasoline Engines
- Diesel Engines
- By Application:
- Gardening Equipment
- Agricultural Equipment
- Construction Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Small Engine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Small engine is a term used to describe engines that produce less than 1,000 horsepower.
Some of the major companies in the small engine market are Honda, Yanmar, Briggs & Stratton, Kohler Power, Kubota, Generac, Changchai, Kawasaki, Yamaha Motor, Hatz, Chongqing Fuchai.
The small engine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Small Engine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Small Engine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Small Engine Market - Supply Chain
4.5. Global Small Engine Market Forecast
4.5.1. Small Engine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Small Engine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Small Engine Market Absolute $ Opportunity
5. Global Small Engine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Small Engine Market Size and Volume Forecast by Type
5.3.1. Gasoline Engines
5.3.2. Diesel Engines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Small Engine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Small Engine Market Size and Volume Forecast by Application
6.3.1. Gardening Equipment
6.3.2. Agricultural Equipment
6.3.3. Construction Equipment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Small Engine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Small Engine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Small Engine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Small Engine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Small Engine Demand Share Forecast, 2019-2026
9. North America Small Engine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Small Engine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Small Engine Market Size and Volume Forecast by Application
9.4.1. Gardening Equipment
9.4.2. Agricultural Equipment
9.4.3. Construction Equipment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Small Engine Market Size and Volume Forecast by Type
9.7.1. Gasoline Engines
9.7.2. Diesel Engines
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Small Engine Demand Share Forecast, 2019-2026
10. Latin America Small Engine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Small Engine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Small Engine Market Size and Volume Forecast by Application
10.4.1. Gardening Equipment
10.4.2. Agricultural Equipment
10.4.3. Construction Equipment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Small Engine Market Size and Volume Forecast by Type
10.7.1. Gasoline Engines
10.7.2. Diesel Engines
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Small Engine Demand Share Forecast, 2019-2026
11. Europe Small Engine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Small Engine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Small Engine Market Size and Volume Forecast by Application
11.4.1. Gardening Equipment
11.4.2. Agricultural Equipment
11.4.3. Construction Equipment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Small Engine Market Size and Volume Forecast by Type
11.7.1. Gasoline Engines
11.7.2. Diesel Engines
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Small Engine Demand Share, 2019-2026
12. Asia Pacific Small Engine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Small Engine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Small Engine Market Size and Volume Forecast by Application
12.4.1. Gardening Equipment
12.4.2. Agricultural Equipment
12.4.3. Construction Equipment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Small Engine Market Size and Volume Forecast by Type
12.7.1. Gasoline Engines
12.7.2. Diesel Engines
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Small Engine Demand Share, 2019-2026
13. Middle East & Africa Small Engine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Small Engine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Small Engine Market Size and Volume Forecast by Application
13.4.1. Gardening Equipment
13.4.2. Agricultural Equipment
13.4.3. Construction Equipment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Small Engine Market Size and Volume Forecast by Type
13.7.1. Gasoline Engines
13.7.2. Diesel Engines
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Small Engine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Small Engine Market: Market Share Analysis
14.2. Small Engine Distributors and Customers
14.3. Small Engine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honda
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yanmar
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Briggs & Stratton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kohler Power
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kubota
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Generac
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Changchai
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kawasaki
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yamaha Motor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hatz
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chongqing Fuchai
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
