Small Engine Market Current Insight with Future Aspect Analysis 2022 - 2031, PMR Study

 Small Engine Market

The global small engine market was valued at US$ 7,732.3 Mn in 2013 and is anticipated to be valued at US$ 4,127.2 Mn by 2018 end. The small engine market is expected to grow at a substantial CAGR of 4.0% between 2018 and 2026 and is estimated to reach a global value of US$ 5.62 Bn by 2026 end.

The Small Engine Market is an important and rapidly evolving global industry. Small engines are used in a wide range of applications, including outdoor power equipment, residential and commercial lawn care, industrial tools, as well as marine and aviation engines. Small engine manufacturers are constantly innovating to develop new technologies and products to meet the needs of their customers.

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Key Companies- 

• Briggs & Stratton Corporation
• Honda Motor Co., Ltd.
• Kawasaki Heavy Industries, Ltd.
• JEEMAR POWER CO., LTD
• Chongqing Fuchai Industry Group
• Changchai Co., Ltd.
• Kohler Co.
• Motorenfabrik Hatz GmbH & Co. KG
• Kubota Engine America Corporation
• Loncin Motor Co., Ltd.
• Generac Power Systems, Inc.
• Others.

Small engines have come a long way since their inception in the early 1900s. Over time they have become more efficient, reliable, and environmentally-friendly while providing the same level of performance that consumers expect from them. Today’s small engines are designed with advanced features like fuel injection systems, direct injection technology, and even hybrid components. They also come with features like balance shafts to reduce vibration and noise levels while increasing power output. Additionally, some modern small engines come equipped with electronic controls that allow users to adjust settings or turn off certain features when desired.

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The Small Engine Market can be broken down into three main categories: gas engines, diesel engines, and electric motors. Gasoline-powered small engines are typically used for heavy-duty purposes such as construction work or large mowing jobs. On the other hand, diesel-powered engines tend to be more efficient than gasoline options and are often preferred in industrial settings where fuel efficiency is a priority. Electric motors are becoming increasingly popular for smaller machines because they require less maintenance than gasoline or diesel powered models do; however, they can also be more expensive upfront due to their higher initial cost.

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