The Small Gas Engine Global Market Report 2023, provides comprehensive information on the small gas engine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Small Gas Engine Global Market Report 2023, the market size is expected to grow from$2.74 billion in 2022 to $2.86 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The small gas engine market size is expected to grow to $3.36 billion in 2027 at a CAGR of 4.1%.
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New technology advancements in small gas engines are shaping the small gas engine market. Companies are investing in manufacturing advanced small gas engines, which will meet the needs of the customers. For instance, in December 2020, Rolls-Royce, a UK-based luxury car company, launched new MTU Series 500 gas engine. The new engine has a power range of 250 to 550 kilowatts and a peak efficiency of up to 42.6% in its class.
The small gas engine market is segmented:
1) By Engine Displacement: 20 cc to 100 cc, 101 cc to 400 cc, 401 cc to 650 cc
2) By End-Use: Gardening, Industrial, Construction
3) By Equipment: Lawnmower, Chainsaw, String Trimmer, Hedge Trimmer, Portable Generator, Rotary Tiller, Pressure Washer, Concrete Vibrators, Concrete Screed, Edger, Leaf Blower, Snow Blower
North America was the largest region in the small gas engine market in 2022.
The table of contents in TBRC’s small gas engine market report includes:
1. Executive Summary
2. Small Gas Engine Market Characteristics
3. Small Gas Engine Market Trends And Strategies
4. Small Gas Engine Market – Macro Economic Scenario
5. Small Gas Engine Market Size And Growth
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26. Africa Small Gas Engine Market
27. Small Gas Engine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Small Gas Engine Market
29. Small Gas Engine Market Future Outlook and Potential Analysis
30. Appendix
Top Majaor Players:
- Briggs and Stratton Corporation
- Kohler Co
- Honda Motor Co., Ltd.
- Yamaha Motor Corp
- Kawasaki Heavy Industries
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