MarketsandMarkets

Small Gas Engines Market Worth 2.91 Billion USD by 2021

Small Gas Engines Market by Equipment (Lawnmower, Chainsaw, Tiller, Screed, Blower, Pressure Washer, and Trimmer), Engine Displacement (20-100cc, 101-400cc, and 401-650cc), End-Use (Gardening, Industrial, and Construction), and Region - Global Forecast to 2021

 

Seattle, WA -- (SBWIRE) -- 06/06/2017 -- The report "Small Gas Engines Market by Equipment (Lawnmower, Chainsaw, Tiller, Screed, Blower, Pressure Washer, and Trimmer), Engine Displacement (20-100cc, 101-400cc, and 401-650cc), End-Use (Gardening, Industrial, and Construction), and Region - Global Forecast to 2021", is forecasted to grow from USD 2.38 Billion in 2016 to USD 2.91 Billion by 2021, at a CAGR of 4.15%. The small gas engines market growth is mainly driven by growth in the construction industry and an increasing demand for outdoor power equipment rental.

Browse 68 market tables and 29 figures spread through 124 pages on "Small Gas Engines Market by Equipment (Lawnmower, Chainsaw, Tiller, Screed, Blower, Pressure Washer, and Trimmer), Engine Displacement (20-100cc, 101-400cc, and 401-650cc), End-Use (Gardening, Industrial, and Construction), and Region - Global Forecast to 2021"

Get Free Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=%2068985131

Early buyers will receive 10% customization on reports.

The gardening end-use segment will dominate the small gas engines market.

The gardening equipment segment is witnessing a significant growth owing to growing adoption in the residential and commercial construction industries. The demand for outdoor power equipment in landscaping services is a key driver for the growth of the segment. The equipment is primarily used for cutting, trimming, and maintaining lawns, and is likely to be in high demand at golf courses, sports fields, and public parks.

The lawn mowers segment dictates the small gas engines market.

The demand for lawn mowers is likely to increase due to their wide use in both residential and commercial applications. Commercial users of lawn mowers, such as golf courses, ground or park maintenance companies, and other non-residential facilities, are expected to stimulate the growth of the lawn mowers market. The residential market will be a major driver for the growth of the lawn mowers segment, as growing interest in outdoor activities would trigger the need to maintain yards.

The North American market will lead the global small gas engines market.

The North American market is expected to lead the global small gas engines market largely due to a rise in the construction industry and rental of outdoor power equipment in the U.S. and Canada. These countries are investing heavily in the construction of smart and green buildings. This would lead to the need for lawns or gardens to be maintained near buildings. The sale of outdoor powered equipment is likely to get a boost from improvements in housing maintenance. The landscaping services business will also create demand for outdoor powered equipment. In North America, contractors and homeowners prefer to rent outdoor power equipment as it lowers the cost of operations.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the small gas engines market, including Briggs & Stratton Corporation (U.S.), Kohler Co. (U.S.), Honda Motor Co., Ltd. (Japan), Yamaha Motor Corp. (Japan), and Kawasaki Heavy Industries (Japan), among others. These players are trying to penetrate developing economies and are adopting various methods to increase their market share.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=68985131

About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
USA : 1-888-600-6441

UK : 44-800-368-9399
sales@marketsandmarkets.com