Global Small Gas Engines Market to Expand with Growing Use in Outdoor Power Tools and Agricultural Machinery

The global small gas engines market is projected to reach $4.0 billion by 2030 from valued at $2.7 billion in 2020, growing at a CAGR of 4.2% from 2021 to 2030. Small gas engines are low-powered internal combustion engines that consist of systems such as fuel, exhaust, ignition, combustion, cooling, and lubrication. These engines have a wide range of applications in portable power tools such as lawnmowers, portable generators, concrete mixers, tillers, trimmers, and edgers. It also has products that have applications in the gardening, industrial, construction, and automotive sector.

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Rapid surge in industrialization and shift of individuals from rural areas to urban cities lead to increase in the construction of residential and commercial buildings. In the U.S. according to the commerce department, construction spending increased by 1.3% in public projects. Rapid urbanization in Asia-Pacific boosts the growth of the construction sector in developing countries such as China, India, and other South Asia countries. This has a positive impact on the small gas engine market.

According to the India Brand Equity Foundation, India needs investment worth $777.73 billion in infrastructure by 2022, along with the increasing foreign investors in the country. This is anticipated to create opportunities for the growth of the small gas engine market. In the presence of factors such as nominal maintenance costs and reduced product costs, outdoor power equipment is expected to be frequently rented and gain a lot of attention from homeowners and contractors. Increase in co-operation and acquisition of companies such as Yamaha Motors acquired Subaru Industrial Power Products to expand its outdoor power segment is anticipated to foster the growth of the small gas engine market.

The Small Gas Engines Market is experiencing steady growth, fueled by increasing demand for compact, fuel-efficient engines in applications such as lawn mowers, generators, pressure washers, and agricultural equipment. With rising construction activity, urban landscaping trends, and growing mechanization in farming, the market is seeing strong adoption across both residential and commercial sectors.

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These engines remain a reliable power source thanks to their cost-effectiveness, mobility, and low maintenance, especially in areas where electric alternatives are less feasible. Manufacturers are also investing in technological upgrades, focusing on improved fuel efficiency, emission compliance, and performance.

Rapid innovation and investment of new entrants to develop alternative power sources for small gas engines and uncertainties in the international fossil fuel prices have a negative impact on the development of the market. The stringent regulation of the government to the manufacturer to follow the guidelines has led to the additional investment of the manufacturer to manufacture the products. The increase in awareness among the people regarding the environmental impact of the application of natural gas-related products is anticipated to hamper the development of the small gas engine market. The small gas engine market is segmented on the basis of engine displacement, equipment, application, and region.

On the basis of engine displacement, the global small gas engine market is segmented into 20-100cc, 101-450cc, and 451-650cc. On the basis of equipment, the market is classified into lawnmower, chainsaw, portable Generator, pressure washer, trimmer, edger, and others. On the basis of application, the market is categorized into gardening, industrial, construction, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market.

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The major companies profiled in this report include Briggs and Stratton Corporation, Champion Power Equipment, Kohler Co., Liquid Combustion Technology, Kipor Power, Kawasaki Heavy Industries, Honda Motor Co., Ltd, Fuji Heavy Industries, Yamaha Motor Corporation, and Kubota Corporation. Rapid urbanization and surge in the construction activities across the globe lead to rise in demand for power tools with various applications, which in turn fuels the demand for small gas engine. Additional growth strategies such as expansion of production capacities, acquisition, and partnership in the development of the innovative products from manufacturers have helped to attain key developments in the global small gas engine market trends.

The report provides a detailed analysis of these key players in the global small gas engine market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to highlight the competitive scenario.

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