Growing Demand for Small Gas Engines Drives Global Market Expansion
Small Gas Engines Market Overview:
Small gas engines are a type of internal combustion engine that are designed to power small machines and equipment. These engines are commonly used in outdoor power equipment, portable generators, lawn and garden equipment, construction equipment, and agriculture equipment, among others. The global small gas engines market is expected to experience steady growth in the coming years, driven by factors such as increasing demand for outdoor power equipment and rising adoption of portable generators.
Small Gas Engines Market is projected, register a CAGR of 4.8% during the forecast period 2022-2030, with valuation of USD 3866.03 Million.
One of the key trends in the small gas engines market is the growing demand for fuel-efficient and low-emission engines. Manufacturers are investing heavily in research and development to develop engines that are more fuel-efficient and emit fewer pollutants. The increasing adoption of emissions control technologies, such as catalytic converters and fuel injection systems, is also contributing to the growth of the market.
Two-stroke and four-stroke engines are the two main types of small gas engines. Two-stroke engines are commonly used in applications that require high power output, such as in chainsaws and leaf blowers. Four-stroke engines, on the other hand, are typically used in applications that require more torque, such as in lawn mowers and generators.
Engine displacement is another important factor to consider when choosing a small gas engine. The displacement of an engine refers to the volume of the cylinders in the engine, and is measured in cubic centimeters (cc). Engines with larger displacements generally produce more power and torque, but are also less fuel-efficient.
Electric start systems and pull start systems are two types of starting systems that are commonly used in small gas engines. Electric start systems are more convenient and easier to use, but also add additional cost to the equipment. Pull start systems are more affordable, but can be more difficult to use, especially for individuals with physical limitations.
Maintenance and repair are important considerations for small gas engines, as regular maintenance can help prolong the life of the engine and ensure that it operates at peak performance. Manufacturers provide maintenance and repair instructions for their engines, including recommendations for oil changes, air filter replacements, and spark plug replacements.
The small gas engines market is segmented by application, including outdoor power equipment, portable generators, lawn and garden equipment, construction equipment, agriculture equipment, and automotive industry. Outdoor power equipment is the largest application segment of the market, driven by increasing demand for lawn mowers, chainsaws, and leaf blowers.
The market is also segmented by region, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is the largest market for small gas engines, followed by Europe and Asia-Pacific. The growth of the market in Asia-Pacific is expected to be driven by increasing demand for lawn and garden equipment in countries such as China and India.
The competitive landscape of the small gas engines market is highly fragmented, with a large number of players operating in the market. Key players in the market include Briggs & Stratton Corporation, Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., Kohler Co., and Yamaha Motor Co., Ltd. These players are focusing on product innovation, technological advancements, and strategic partnerships to gain a competitive edge in the market.
Mergers and acquisitions are becoming increasingly common in the small gas engines market, as companies look to expand their product portfolios and enter new markets. For example, in 2018, Briggs & Stratton Corporation acquired Allmand Bros., Inc., a manufacturer of portable light towers and mobile industrial heaters. This acquisition helped Briggs & Stratton to expand its presence in the construction and rental markets.
In conclusion, the global small gas engines market is expected to continue growing in the coming years, driven by increasing demand for outdoor power equipment and portable generators, as well as the growing trend towards fuel-efficient and low-emission engines.