Small Gas Engines Market Research Report 2019 | Industry Analysis, Top Key Players Review and Forecast to 2022 | MRFR


Posted March 29, 2019 by DhanashreeP

Small Gas Engines Market Information Report By Engine Displacement (20-100 Cc, 101-400 Cc, 401-650 Cc), By Equipment, By Application (Gardening, Industrial, Construction And Others) And By Region - Global Forecast To 2022
 
The Small gas engines market is expected to grow over the CAGR of around 4% during the period 2016 to 2022. The growth of the small gas engines market is majorly driven by the availability of oil-indexed gas and liquefied natural gas, which facilitates the easy functioning of small engines. The introductions of some nuclear power capacities, which are capable of being used in the small gas engines, also drive the growth of the market. The increasing demand for electricity with the growing population, drop in natural gas prices, and the increasing environmental concerns are major factors driving the gas engines market. The ability of small gas engines to generate and utilize power from the renewable sources of energy such as biogas is also driving the growth of the market.

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Industry Highlights

One of the key drivers for the growth of the small gas engines market is growth in the construction industry and increase in demand for outdoor power equipment rental. The use of small gas engines in various power equipment such as concrete screeds, lawnmowers, leaf blowers, portable generators, pressure washers and others is also driving the growth of the market. The use of lawnmowers for gardening purposes even by the households is leading to the increase in demand of lawnmowers and thereby, the growth of the small gas engines market. The increased adoption of landscaping in various regions is also driving the growth of the global small gas engines market.

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Industry Segmentation

The report has been analyzed based on the Engine displacement, equipment, Application and region.

Amongst all applications, the construction segment is expected to grow rapidly. The booming residential and commercial construction industry is driving the growth of the construction segment. With the increasing urbanization and the increase in number of smart cities, the housing activity is expected to grow rapidly, which is boosting the demand for outdoor power equipment and is driving the demand for small gas engines. The increase in demand for landscaping services at commercial establishments, such as golf courses is also expected to contribute significantly to the growth of the small gas engine market.

Geographic Analysis

This study provides an overview of the Global small gas engines market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Small gas engines market by its engine displacement, equipment, application and region.

Key Players

The key players of Global Small gas engines market are Kawasaki Heavy Industries (Japan), Yamaha Motor Corp. (Japan), Honda Motor Co., Ltd. (Japan), Kohler Co. (U.S.), Briggs & Stratton Corporation (U.S.), Generac Power Systems (U.S.), Subaru ltd. (Japan), Kawasaki Heavy Industries Motorcycle & Engine Company (U.S.) and others.

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Categories Energy
Tags small gas engines market , small gas engines market analysis , small gas engines market growth , small gas engines market segment , small gas engines market share , small gas engines market trends
Last Updated March 29, 2019