PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568714
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568714
Small Off Road Engines Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Global Small Off Road Engines Market size is set to record a 6.7% CAGR from 2024 to 2032 driven by increasing alliances between manufacturers and technology providers.
These collaborations are focused on developing advanced technologies and refining engine designs, resulting in off-road engines that are both more reliable and powerful. Such partnerships ensure that small off-road engines lead to technological advancements to offer users enhanced performance and versatility across various applications. For example, in November 2023, Volvo Group and CRH teamed up to accelerate decarbonization efforts. This partnership aims to shape the future of small off-road engines by embedding sustainable technologies and curbing emissions.
The industry is segmented into engine displacement, no. of cylinders, drive shaft orientation, end use, distribution channel, and region.
Small off road engines market share from the 100-500cc engine displacement segment will record a decent growth rate between 2024 and 2032, driven by its rising application in the recreational and utility sectors. Engineered for a blend of power and efficiency, the 100-500cc range is becoming the go-to choice for ATVs, dirt bikes, and compact utility vehicles. Furthermore, ongoing engineering enhancements focus on boosting performance, minimizing emissions, and maximizing fuel efficiency.
In terms of no. of cylinders, the small off road engines market value from the multi segment is anticipated to witness a significant CAGR from 2024-2032. This growth is fueled by the demand for improved power output and efficiency. These engines are fine-tuned for smoother performance and heightened torque, essential for navigating rough terrains. Engineers are not only optimizing designs for better fuel efficiency and reduced emissions but are also incorporating advanced technologies like turbocharging and hybrid systems to elevate performance while being environmentally conscious.
Asia Pacific small off road engines industry size will record a considerable CAGR through 2032 due to the expanding e-commerce channels. Online platforms are broadening access to a diverse range of off-road engine options, enhancing convenience for consumers. These platforms provide in-depth product details and customer feedback, simplifying the decision-making process. This trend is pivotal in catering to the surging demand for off-road equipment across the region.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailors
- 3.2 Regulatory landscape
- 3.3 Impact forces
- 3.3.1 Growth drivers
- 3.3.1.1 Rising demand for outdoor power equipment
- 3.3.1.2 Expansion in emerging markets
- 3.3.1.3 Integration of smart technologies
- 3.3.2 Industry pitfalls and challenges
- 3.3.2.1 High development and production costs
- 3.3.2.2 Stringent emission regulations
- 3.3.1 Growth drivers
- 3.4 Consumer buying behavior analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
- 3.4.5 Preferred price range
- 3.5 Growth potential analysis
- 3.6 Porter's analysis
- 3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By Engine Displacement, 2021 - 2032, (USD Million) (Thousand Units)
- 5.1 Key trends
- 5.2 Upto 100cc
- 5.3 100-500cc
- 5.4 500cc to 800cc
Chapter 6 Market Estimates and Forecast, By No of Cylinders, 2021 - 2032, (USD Million) (Thousand Units)
- 6.1 Key trends
- 6.2 Single
- 6.3 Double
- 6.4 Multi
Chapter 7 Market Estimates and Forecast, By Drive Shaft Orientation, 2021 - 2032, (USD Million) (Thousand Units)
- 7.1 Key trends
- 7.2 Horizontal
- 7.3 Vertical
Chapter 8 Market Estimates and Forecast, By End Use, 2021 - 2032, (USD Million) (Thousand Units)
- 8.1 Key trends
- 8.2 Agriculture
- 8.3 Domestic
- 8.4 Gardening/ Landscaping
- 8.5 Residential
- 8.6 Commercial
- 8.7 Industrial
- 8.8 Automotive
- 8.9 Construction
Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021 - 2032, (USD Million) (Thousand Units)
- 9.1 Key trends
- 9.2 OEM
- 9.3 Aftermarket
Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032, (USD Million) (Thousand Units)
- 10.1 Key trends
- 10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Malaysia
- 10.4.7 Indonesia
- 10.4.8 Rest of Asia Pacific
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
- 10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa
- 10.6.4 Rest of MEA
Chapter 11 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
- 11.1 Briggs and Stratton
- 11.2 Chongqing Fuchai Industry Group
- 11.3 Chongqing Zongshen Power Machinery Co., Ltd.
- 11.4 Greaves Cotton Ltd.
- 11.5 Honda Motor Co., Ltd.
- 11.6 Kawasaki Heavy Industries, Ltd.
- 11.7 Kohler Co.
- 11.8 Kubota Corporation
- 11.9 Lifan Industry (Group) Co., Ltd.
- 11.10 Liquid Combustion Technology, LLC
- 11.11 Loncin Motor Co., Ltd.
- 11.12 Mitsubishi Heavy Industries Engine and Turbocharger, Ltd.
- 11.13 Motorenfabrik Hatz GmbH and Co. KG
- 11.14 Yamaha Motor Co., Ltd.
- 11.15 Yanmar Co., Ltd.
