Small Engine Market Share

APAC Market Forecast

Small engine market in Asia Pacific is expected to hold the largest share of 36% during the forecast period. The growth can be attributed to the growing number of public parks and botanical gardens. In this region, there is a sharp rise in demand for equipment with cutting-edge technology. This region is experiencing a significant increase in industrialization, along with rising commercial and residential sectors. The increasing demand for various industrial and gardening equipment is driving up the manufacturing of various components, including tiny gas engines, in this region. Concrete vibrators, portable generators, and other tools are in greater demand as the construction industry moves toward renting equipment.

North American Market Statistics

North American small engine market is poised to hold a share of 27% by the end to 2037. The manufacturing and construction sectors are growing at a faster rate. In these industries in North America, renting equipment is becoming more and more common. In this region, there is a strong need for landscape services that include outdoor equipment. The building industries in this region are heavily invested in by the United States and Canada. Also, the region experiences heavy snowfall which is a major factor for the market growth. As per a report, the amount of snow cover in North America in January 2023 was 15.51 million square kilometers, a little increase from the same month the year before. Therefore, snow blowers, powered by small engines, are used extensively in this region to remove snow.