Small Off-road Engines Market - Global Industry Analysis

Small Off-road Engines Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-6094 Status : Upcoming

Description

Global Small Off-road Engines Market: Overview

Small off-road engines are engines with an extensive scope of small displacement along with insignificant power output. They are internal combustion engines. Diesel engines are made up of compression ignition engines like diesel engines. The small road off-engines are witnessing huge demand from the market due to their wide applications in several sectors like construction, industrial, and pharming.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Small Off-road Engines Market: Growth Factors

Growing urban green spaces like playing fields, community parks, and various other open spaces are posing huge demand for independent power source equipment like trimmers, lawnmowers, edgers, chainsaws, leaf blowers, and other similar equipment for landscaping. Such emerging gardening applications are a major factor driving the growth of the global small off-road engines market. Rapid urbanization induced residents to use social spaces for gardening to boost mental and physical fitness. Moreover, the ongoing trends of urban farming, corporate gardening, and campus farming have significantly contributed to the growth of the global small off-road engines market.

Global Small Off-road Engines Market: Segmentation

The global small off-road engines market can be segmented into the distribution channel, end-user, drive shaft orientation, number of cylinders, engine displacement, and region.

By distribution channel, the market can be segmented into aftermarket and OEM. The OEM segment dominates the global small off-road engines market due to the wide distribution network. The safety provision, enhanced durability, and superior service along with reduced maintenance are major factors that are propelling the growth of the segment during the forecast period.

By end-user, the market can be segmented into construction, automotive, industrial, gardening, domestic, and agriculture. The gardening segment holds hegemony over others due to the rapid proliferation of the lawn and gardening sector. Moreover, the growing living standard along with the high disposable income of people is propelling the growth of the segment significantly during the forecast period. The growing interest of consumers in spending quality time in the garden and purchasing new lawn equipment is further bolstering the growth of the segment.

By drive shaft orientation, the market can be segmented into vertical and horizontal orientation. The vertical drive shaft engine segment dominates the global small off-road engines market owing to the simple setup, high availability, and low maintenance of the product. This orientation is widely adopted in landscaping and gardening equipment like trimmers, tillers, leaf blowers, lawnmowers, and many others.

By the number of cylinders, the market can be segmented into multiple cylinders, double cylinders, and single cylinders. The double cylinders segment holds the largest share in the global small off-road engines market. The growth can be attributed to its superior performance in a wide range of domestic applications with high durability.

By engine displacement, the market can be segmented into 500cc to 800cc, 100cc to 500 cc, and up to 100cc. The 100cc to 500 cc segment accounts for the largest share in the global small off-road engines market due to their high performance coupled with lesser emission, noiseless performance, and extended durability.

Global Small Off-road Engines Market: Regional analysis

North America accounts for the largest share in the global small off-road engines market owing to the growing demand for gardening machinery and equipment. The rapidly growing geriatric population in the region contributed significantly to the growth of the regional market due to the growing interest of aged people in gardening. Moreover, a growing number of people are coming up with commercial and residential projects which include open spaces like party spots, outdoor kitchen, lounge, and many others which involve the utilization of gardening equipment.

Asia Pacific is anticipated to witness huge growth during the forecast period due to the improving economic conditions and growing urbanization in the region.

Global Small Off-road Engines Market: Competitive Players

Some of the significant players in the global small off-road engines market are Yamaha Motor Co., Ltd., Motorenfabrik Hatz GmbH & Co. KG, Loncin Motor Co. Ltd., Kubota Corporation, Kohler Co., Kawasaki Heavy Industries, Ltd, Honda Motor Co., Ltd., Deutz AG, Chongqing Zongshen Power Machinery Co., Ltd., and Briggs & Stratton Corporation.

Global Small Off-road Engines Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

Growing urban green spaces like playing fields, community parks, and various other open spaces are posing huge demand for independent power source equipment like trimmers, lawnmowers, edgers, chainsaws, leaf blowers, and other similar equipment for landscaping.

Some of the significant players in the global small off-road engines market are Yamaha Motor Co., Ltd., Motorenfabrik Hatz GmbH & Co. KG, Loncin Motor Co. Ltd., Kubota Corporation, Kohler Co., Kawasaki Heavy Industries, Ltd, Honda Motor Co., Ltd., Deutz AG, Chongqing Zongshen Power Machinery Co., Ltd., and Briggs & Stratton Corporation.

North America accounts for the largest share in the global small off-road engines market owing to the growing demand for gardening machinery and equipment. The rapidly growing geriatric population in the region contributed significantly to the growth of the regional market due to the growing interest of aged people in gardening.

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