Small Gas Engines Market Trends

Growth Drivers

Growing Demand for Outdoor Power Equipment- Outdoor power equipment is sold to homeowners, rental yards, colleges, and others. Moreover, the small gas engines are growingly used to remove snow from unwanted areas. The areas which are highly populated with heavy rainfall are increasingly opting for outdoor power tools and equipments. Therefore, it is expected to rise the growth of the market over the forecast period. Sukayu Onsen in Japan receives nearly 690 inches of snow annually, and is stated as one of the most populated place with heavy rainfall, as per the reports.
Rising Use of Portable Generators- As per recent research, the portable generators annual shipment is expected to increase by more than 1 Million units in the United States by the end of 2024. The small gas engines are commonly used for portable generators used for commercial as well as residential purposes. This is due to the increasing demand for backup power supply for commercial as well as residential purposes, due to the increasing number of power outages and natural disasters. Thus, the surging use of portable generators is expected to increase the market’s growth.
Surging Trend of Renting Automated Equipment - According to the data, the average household expenditure on garden supplies and services has increased to nearly USD 300 in Canada in the year 2019. There has been increase in the expense of gardening for the household, which is growing the concept of renting equipment rather than buying it. Hence, it is anticipated to drive the growth of the global small gas engines market.

Challenges

Regular Maintenance of Small Gas Engine- There is a requirement for frequent maintenance of small gas engines. The engine oil should be regularly checked or changed, otherwise it can result in rapid engine wear. The requirement for frequent maintenance and oil changes are time consuming and costly. This increases the overall cost of ownership and affects consumer willingness to buy these engines, thus hindering the growth of the global small gas engines market.
Increase in the Prices of Small Gas Engines
Stringent Emissions Standard by the Government

Small Gas Engines Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	7.3%
Base Year Market Size (2024)	USD 4.63 billion
Forecast Year Market Size (2037)	USD 11.57 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of small gas engines is evaluated at USD 4.9 billion.

The small gas engines market size was over USD 4.63 billion in 2024 and is poised to exceed USD 11.57 billion by 2037, growing at over 7.3% CAGR during the forecast period i.e., between 2025-2037. The market growth can be attributed to increasing demand for portable power and energy efficiency, and government initiatives for promoting the use of small gas engines.

North America industry is set to hold largest revenue share of 35% by 2037, backed by increasing number of small gas engine projects in the region.

The major players in the market include Kubota Corporation, Briggs & Stratton Corporation, Kohler Co., Lombardini Srl, Sinoquip Power, Fuzhou Launtop M&E Co., Ltd., Koki Holdings Co., Ltd., Champion Power Equipment, Liquid Combustion Technology, Lifan Power

Small Gas Engines Market Trends