The global demand for Small Off-Road Engines Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Units in 2019 and foreseen to touch XX Units by 2026 with a CAGR of XX% during 2020-2026.
Small off-road engines are spark-ignition engines rated at or below 19 kilowatts. These are used in wide scope of application which may incorporate machinery and non-road vehicles such as utilized in lawn and garden equipment, personal watercraft as well as other outdoor power equipment and speciality vehicles.
The growing demand for lawn and garden equipment, personal watercraft is driving the demand for small off-road engines. Technological advancements and innovations in horticultural operations have amplified the use of automated equipment as it provides a high return on investment, provides comfort and luxury for the operators. The growing number of users who were once dependent on manual labour to accomplish the task as now relied on the automated fuel-driven equipment. Also, EPA adopted emission standards to control both exhaust and evaporative emissions from small spark-ignition engines which embrace the emission norms drives the growth of newly designed engine. However, in budget constrain cases high initial cost and operating cost of restrains the growth market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of small off-road engines.
The entire small off-road engines market has been sub-categorized into engine displacement, number of cylinder, drive shaft orientation, end-use sector and distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Engine Displacement
By Number of Cylinder
By Drive Shaft Orientation
By End-Use Sector
- Up to 100cc
- 100cc to 500cc
- 500cc to 800cc
By Distribution Channel
This section covers regional segmentation which accentuates on current and future demand for small off-road engines market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Small Off-Road Engines Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the small off-road engines market include Briggs & Stratton Engines, Honda Motor Co., Ltd., Kawasaki Heavy Industries. Ltd., Yanmar Co. Ltd., Kubota Corporation, and Yamaha Motor Co., Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.