Small Gas Engines Market Size, Share, Growth, Analysis

The global small gas engines market in terms of revenue was estimated to be worth USD 3.3 billion in 2023 and is poised to reach USD 4.3 billion by 2028, growing at a CAGR of 5.4% from 2023 to 2028.

The small gas engine market has promising growth potential due to the rising deployment of lawn mowers.

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Small Gas Engines Market Trends

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Small Gas Engines Market Dynamics

Driver: Rising Demand for outdoor power equipment

Outdoor power equipment is sold to commercial landscapers, rental yards, and institutions such as colleges and hospitals. The small gas engines market is mainly driven by the growing demand for outdoor equipment by homeowners for landscaping services. In the landscape industry, a wide range of outdoor power equipment such as lawn mowers, hedge trimmers, blowers, and saws are used in landscaping activities that include lawn maintenance, hardscaping, tree care lawn renovation, and snow removal. The manufacturing of these equipment has increased the demand for small gas engines.

Restraints: Stricter Co2 emissions regulations

According to the International Energy Agency, the global economy is assumed to grow by about 3% on average by 2050. Economies will require an increasingly higher amount of energy to sustain their economic growth. Energy demand, as a result, is expected to swell. According to the International Energy Agency 2020 World Energy Outlook, the global energy demand will increase by 27% by 2040. This demand, combined with the growing awareness of global warming, has shifted the focus to clean, cost-effective, and efficient energy generation. Governments and environmental agencies have implemented various regulations and limits for greenhouse gas emissions. For instance, the UAE pledged to limit emissions and increase the share of clean energy in the energy mix to 24% by 2021, up from 0.2% in 2014. Canada has also pledged to cut its greenhouse gas emissions by 40–45% by 2028.

Opportunities: Increasing focus on production of standard regulated small gas engines

According to the EPA, small engines will emit about one-third times fewer hydrocarbons under the new standards. The regulations aim to control running losses and permeation losses from fuel systems. Nevertheless, permeation is only one method by which fuel vapors are released. Evaporative emissions occur both when an engine is running and when the engine is not running owing to daily temperature variations. The government is banning small gas engines from 2024, which do not meet the regulation standard set by EPA. Each equipment builder or manufacturer is now focusing on the control of evaporative emissions from fuel systems and equipment certified with the EPA. To limit evaporative emissions, these manufacturers use a variety of technologies, ranging from specific hoses to fuel caps on sealed fuel tanks to carbon canisters and vapor control valves.

Challenges: Frequent maintenance of small gas engines

Frequent maintenance of small gas engines is a major challenge. Avoiding normal engine maintenance can lead to the need for extensive engine repair. Low oil levels can cause an engine seizure, necessitating an engine rebuild or replacement. Failure to change the engine oil and check/clean/replace the air filter regularly can result in rapid engine wear, particularly if the lawn mower is utilized in dusty conditions. Small gas engines are not difficult to maintain but they are time-consuming.

By engine displacement, 101 cc–400 cc segment to witness largest market share during forecast period

The 101 cc–400 cc segment is expected to witness the largest market share from 2023 to 2028, as it witnesses higher demand for concrete screeds, cement mixer and other construction equipment in the North America, which drives the growth of the 101 cc–400 cc segment during the forecasted period.

By equipment, snow blowers segment to witness fastest CAGR during forecast period

By equipment, snow blowers segment will be the fastest growing segment during the forecast period. The segment's growth is attributed to increasing demand of snow blowers in North American Countries Canada due to heavy snow fall.

By end-user, gardening segment to witness largest market share during forecast period

The gardening segment is expected to witness the largest market share from 2023 to 2028, as it witnesses increasing government initiatives in the clean green gardens in Europe.

North America is expected to be the largest market during the forecast period.

North America is expected to be the largest market share in the small gas engines market during the forecast period. The growth of the North America market is characterized by The growing demand from the gardening industry and large-scale small gas engine projects mainly drive the growth of the small gas engine market in this region.

Key Market Players

The major players in the global small gas engines market are Briggs & Stratton (US), Honda Motor Co., Ltd. (Japan), Kohler Co. (US), Kawasaki Heavy Industries, Ltd. (Japan), Yamaha Motor Corporation (Japan), KUBOTA Corporation, Liquid Combustion Technology, LLC (US).

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Scope of the Report

This research report categorizes the small gas engine market by engine displacement, equipment, end-user and regions.

On the basis of engine displacement, the market has been segmented as follows:

• 20 cc–100 cc
• 101 cc– 400 cc
• 401 cc– 650 cc

On the basis of equipment, the market has been segmented as follows:

• Chainsaws
• Tillers
• Hedge Trimmers
• String Trimmers
• Concrete Vibrators
• Concrete Screeds
• Lawn mowers
• Leaf Blowers
• Snow Blowers
• Portable generators
• Pressure Washer
• Edgers
• Others

On the basis of end-user, the market has been segmented as follows:

• Gardening
• Construction
• Industrial
• Others

On the basis of region, the market has been segmented as follows:

• Europe
• Asia Pacific
• North America
• South America
• Middle East & Africa

Recent Developments

• In January 2023, Briggs & Stratton, which is the largest producer of gasoline engines for outdoor power equipment, moved its engine component production to Auburn.
• In June 2022, MITSUBISHI HEAVY INDUSTRIES ENGINEERING, LTD. and Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), the two group companies of MITSUBISHI HEAVY INDUSTRIES, Ltd. (MHI), began the demonstration testing of MHIENG's CO2 capture technology in MHIET's gas engine generating sets. The testing was an essential component of MHI Group's goal of reaching carbon neutrality through its "MISSION NET ZERO" initiative and would play a vital role in achieving decarbonization in any industry.
• In June 2022, Briggs & Stratton partnered with AWEV Solutions Pvt. Ltd., which is an innovative developer of mobility products & solutions. Briggs & Stratton provided its innovative conversions of internal combustion engine vehicles to electric power.
• In April 2021, Alliant Energy partnered with Kohler Co. to develop a 2.25 MW ground-mounted solar system on Kohler's headquarters property in Kohler, Wisconsin. The sustainable energy cooperation will serve 580 houses with clean energy each year. The Kohler Solar Field was scheduled to be completed by the end of 2021.

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