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Construction Industry Surge Fuels Growth In The Small Gas Engine Market: A Significant Driver Propelling The Small Gas Engine Market In 2025
The Small Gas Engine Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Small Gas Engine Market Size and Projected Growth Rate?
The market size of the small gas engine has noticeably expanded over the past few years. The forecast suggests a growth from $2.96 billion in 2024 to $3.09 billion in 2025 with a compound annual growth rate (CAGR) of 4.5%. The surge during the historical period is linked to the increased demand for outdoor power equipment, the expansion of the construction industry, residential lawn care, and agricultural applications.
In the coming years, a stable expansion is projected for the small gas engine market, with a potential to reach $3.72 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.8%. The forecasted increase in the aforementioned period is linked to the surge in demand for portable generators, environmental-friendly initiatives, growth of the construction domain, and a raise in acceptance in emerging markets. The trend forecast for the period includes a move towards electric substitutes, smart technology assimilation, a concentration on lightweight and sleek designs, eco-conscious solutions, advancements in fuel technology, and broadening of application areas.
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What Are the Major Segments in the Small Gas Engine Market?
The small gas engine market covered in this report 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 Vibr*ators, Concrete Screed, Edger, Leaf Blower, Snow Blower
Subsegments:
1) By 20 cc To 100 cc: 2-Stroke Engines, 4-Stroke Engines
2) By 101 cc To 400 cc: 2-Stroke Engines, 4-Stroke Engines
3) By 401 cc To 650 cc: 2-Stroke Engines, 4-Stroke Engines
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What Are The Driving Small Gas Engine Market Evolution?
The expansion of the construction sector is propelling the small gas engine market forward. There has been an increase in purchases of outdoor powdered equipment by builders and homeowners alike for a variety of needs such as construction work, landscaping, or lawn and garden maintenance in their homes or projects. This preference for outdoor-powered machinery in the construction sector is having a direct impact on the small gas engines demand. The Global Construction 2030 report posits that there will be an 85% increase in construction output, reaching a value of $15.5 trillion by 2030. The significant players on the global stage contributing to this growth are China, India, and the USA. This burgeoning construction industry is anticipated to continue boosting the small gas engine market in the future.
Which Firms Dominate The Small Gas Engine Market Segments?
Major companies operating in the small gas engine market include Briggs and Stratton Corporation, Kohler Co., Honda Motor Co. Ltd, Yamaha Motor Corp., Kawasaki Heavy Industries, Kubota Corporation, Kipor Power, Champion Power Equipment, Generac Power Systems Inc., Fuji Heavy Industries Ltd., Fuzhou Launtop M&E Co. Ltd., Liquid Combustion Technology LLC, Lifan Power USA, Zongshen Power, Subaru Corporation, Sinoquip Power, Chongqing Winyou Power Co. Ltd., Lombardini Srl, Wuxi Kipor Power Co. Ltd., Jiangsu Excalibur Power Machinery Co. Ltd., Changzhou ETK Power Machinery Co. Ltd., Taizhou Genour Power Machinery Co. Ltd., Tecumseh Products Company, Robin America Inc., Mitsubishi Heavy Industries Engine & Turbocharger Ltd., Loncin Industries Ltd., Koki Holdings Co. Ltd., SAE Manufacturing Specialties Corp., Triton Duro Power Systems Inc., Performance Assembly Solutions, Central Diesel Inc., Sage Parts
What Trends Are Expected to Dominate the Small Gas Engine Market in the Next 5 Years?
Top players in the small gas engine market are concentrating on creating inventive solutions like the New-Tech Small Turbine Engine Program, with the goal of enhancing their market profitability. The New-Tech Small Turbine Engine Program is a project targeting the enhancement and progress of small turbine engines through the integration of novel and state-of-the-art technologies. This program was designed to meet the specific requirements of military applications such as unmanned aerial vehicles, reconnaissance aircraft, and other small platforms where compact, powerful, and reliable engines are integral. For instance, Rolls-Royce, a firm based in the UK that specialized in aerospace, defense, marine, and energy-related products and services, initiated the New-Tech Small Turbine Engine Program in June 2023. The distinguishing features of these engines include their size and usage, frequently being employed in smaller aircraft, drones, and other special vehicles or machinery with the objective of the evolution and progression of small turbine engines using innovative technologies.
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Which Is The Largest Region In The Small Gas Engine Market?
North America was the largest region in the small gas engine market in 2024. The regions covered in the small gas engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Small Gas Engine Market?
2. What is the CAGR expected in the Small Gas Engine Market?
3. What Are the Key Innovations Transforming the Small Gas Engine Industry?
4. Which Region Is Leading the Small Gas Engine Market?
Why This Report Matters:
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