Press release
Small Off-Road Utility Engines Market is Forecasted to Reach USD 136.2 Million in 2026, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global Small Off-Road Utility Engines Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/832/small-off-road-utility-engines-market.html#form
Report Highlights: `
Market Size in 2026: USD 136.2 million
Growth (CAGR): 4.1% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Small Off-Road Utility Engines Market:
The global Small Off-Road Utility Engines Market is segmented by application type, engine power type, fuel type, equipment type and region
Based on the application type: The small off-road utility engines market is segmented as lawnmowers, chainsaws, generators, pumps, compressors, trimmers, and others. Lawnmowers are expected to remain the largest and fastest-growing segment of the market in terms of value during the forecast period, driven by strong demand from the USA, Western European countries, and Australia. Among lawnmowers, walk-behind lawnmowers hold a significant share in the market; however, robotic lawnmowers have been experiencing the highest growth. Emerging Asian economies have a higher demand for commercial/industrial small engines, especially for compressors and generators.
Based on the fuel type: The market is segmented as gasoline, electric, and others. Gasoline is expected to remain the most dominant segment of the market during the forecast period; however, there has been an increasing demand for electric engines with the replacement of gasoline engines. For instance, lawnmowers, which have four-stroke gasoline engines, have been witnessing a paradigm shift towards electric lawnmowers, especially in robotic lawnmowers. Improved NVH performance, emission reduction, and low cost are some key driving factors for electric engines over gasoline and diesel engines.
To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/832/small-off-road-utility-engines-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for small off-road utility engines during the forecast period. This growth outlook is majorly attributed to the following-
• The USA is the world's largest market for small off-road utility engines.
• The country's market is marked by the presence of various engine manufacturers as well as outdoor power equipment manufacturers.
• Significant demand from residential lawn and garden and outdoor power equipment, unlike the developing Asian economies with a relatively high demand for small engines for commercial usage.
Small Off-Road Utility Engines Market Drivers:
The growth of the Small Off-Road Utility Engines Market is driven by several factors.
• There has been a great push in the market towards the reduction in NOx, HC, and CO2 emissions from engines.
• Leading players have been incorporating various advanced technologies, such as direct injection, advanced sensors, and integrated electronics for intelligent operations, to meet or exceed the emission limits set by regulatory authorities such as EPA and CARB. One of the most versatile trends in the market is a rapid shift in the demand from gasoline-based equipment to electric- or battery-powered equipment.
• Robotic lawnmowers are one of the best examples of such a shift. Such a dynamic in the market has led players to invest in technologies like lithium-ion batteries.
Top 10 Companies in the Small Off-Road Utility Engines Market:
Stratview Research has identified the following companies as the top market players:
• Briggs & Stratton Corporation (KPS Capital Partners)
• Chongqing Zongshen Engine Manufacture Co., Ltd.
• Deutz AG
• Honda Motor Co., Ltd.
• Husqvarna Group
• Kawasaki Heavy Industries, Ltd.
• Kohler Co.
• Loncin Motor Co. Ltd.
• Yamaha Motor Co. Ltd.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Small Off-Road Utility Engines Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Off-Road Vehicles Market: https://www.stratviewresearch.com/115/off-road-vehicles-ORVs-market.html
• Side-by-Side Vehicles (SSV) Market: https://www.stratviewresearch.com/119/side%20-by-side-vehicles-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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