The global small gas engines market is forecast to grow at a CAGR of 4.15%, from 2016 to 2021, and reach a value of USD 2.91 Billion by 2021. The growth is likely to be driven by a growth in the construction industry and a rise in demand for rented outdoor power equipment. The demand for outdoor power equipment is expected to rise as demand for residential and commercial construction increases. Contractors and homeowners are increasingly shifting towards renting outdoor power equipment due to lower costs and minimal costs of maintenance.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the small gas engines market, including Briggs & Stratton Corporation (U.S.), Kohler Co. (U.S.), Honda Motor Co., Ltd. (Japan), Yamaha Motor Corp. (Japan), and Kawasaki Heavy Industries (Japan), among others. These players are trying to penetrate developing economies and are adopting various methods to increase their market share.
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Browse 68 market tables and 29 figures spread through 123 pages on "Small Gas Engines Market - Global Forecast to 2021"
Scope of the Report:
By Engine Displacement
• 20–100cc
• 101–450cc
• 451–650cc
By Equipment
• Lawnmowers
• Chainsaws
• Rotary Tillers
• String Trimmers
• Hedge Trimmers
• Concrete Vibrators
• Concrete Screeds
• Snow Blowers
• Leaf Blowers
• Portable Generators
• Pressure Washers
• Edgers
• Others
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Table of Contents
- Introduction
- Research Methodology
- Executive Summary
- Premium Insights
- Market Overview
- Market Segmentation
- Competitive Landscape
- Company Profiles
- Appendix
- List of Tables
- List of Figures
Small gas engines are used in various outdoor power equipment like chainsaws, rotary tillers, hedge trimmers, string trimmers, concrete vibrators, concrete screeds, lawnmowers, leaf blowers, snow blowers, portable generators, pressure washers, and edgers, among others. There is high demand for lawnmowers, which is one of the factors that is likely to drive the growth of the small gas engines market. The residential and commercial construction market accounts for a majority of lawn mower equipment sales. Equipment sales are primarily driven by increasing adoption of landscaping in various regions.
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The lawn mowers segment dictates the small gas engines market.
The demand for lawn mowers is likely to increase due to their wide use in both residential and commercial applications. Commercial users of lawn mowers, such as golf courses, ground or park maintenance companies, and other non-residential facilities, are expected to stimulate the growth of the lawn mowers market. The residential market will be a major driver for the growth of the lawn mowers segment, as growing interest in outdoor activities would trigger the need to maintain yards.
The report also segments the small gas engines market into four regions, namely, North America, Asia-Pacific, Europe, and the Rest of the World. The North American region is expected to dominate the small gas engines market and is also expected to be the fastest growing during the forecast period. The small gas engines market is mainly driven by the rise of the construction industry, especially in North America, Europe, and Asia-Pacific. The U.S. will be the fastest growing market for small gas engines with growing investments in the construction industry and the rental of outdoor powered equipment.
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