PUBLISHER: Grand View Research | PRODUCT CODE: 1530259
PUBLISHER: Grand View Research | PRODUCT CODE: 1530259
Small Gas Engine Market Size & Trends
The global small gas engine market size was estimated at USD 3.37 billion in 2023 and is anticipated to grow at a CAGR of 5.2% from 2024 to 2030. The market is experiencing robust growth driven by the rising demand for outdoor power equipment, such as lawnmowers, chainsaws, trimmers, and portable generators. Further, the growing construction industry, particularly in emerging markets, is fueling the demand for the market. Additionally, the increasing popularity of gardening and landscaping has boosted the demand for lawnmowers and other small gas-powered tools.
Small gas engines power a variety of construction equipment, such as concrete mixers, compactors, and portable generators. The growth in construction activities, particularly in emerging markets, has fueled the demand for small, reliable, and fuel-efficient gas-powered tools and equipment.
Moreover, the increasing preference for gardening activities and the rising need for efficient and cost-effective gardening tools have been major drivers for the small gas engines market. Small gas-powered lawnmowers, trimmers, chainsaws, and leaf blowers are in high demand for residential and commercial landscaping and lawn care.
The demand for small gas engines is further fueled by technological advancements in engine design and efficiency and the increasing focus on reducing emissions and improving fuel economy. The growth of outdoor recreational activities and the expansion of the construction sector are also expected to contribute to market growth.
Global Small Gas Engine Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global small gas engine market report based on equipment, engine displacement, application, and region:
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
UAE