What is Global Small Engines for Home and Garden Equipment Market?
The Global Small Engines for Home and Garden Equipment Market is a vast and dynamic sector that encompasses a wide range of products. These products, powered by small engines, are designed to assist in various home and garden tasks, making them more efficient and less labor-intensive. The market includes everything from lawn mowers and chainsaws to hedge trimmers and other specialized equipment. The global market value stood at a significant US$ 2161 million in 2023 and is projected to reach an impressive US$ 2872.5 million by 2030. This growth is driven by a variety of factors, including increasing consumer interest in gardening and home improvement, technological advancements in small engine design, and the growing trend of DIY (Do It Yourself) among homeowners.
Gasoline Engines, Diesel Engines in the Global Small Engines for Home and Garden Equipment Market:
The Global Small Engines for Home and Garden Equipment Market is segmented into gasoline engines and diesel engines. Gasoline engines are the most popular type, accounting for about 75% of the market. These engines are preferred for their lightweight, high power output, and ease of use. They are commonly used in lawn mowers, chainsaws, and hedge trimmers. On the other hand, diesel engines are known for their durability, fuel efficiency, and high torque output. They are typically used in heavy-duty garden equipment. Both types of engines have their unique advantages and are chosen based on the specific requirements of the task at hand.
Lawn Mower, Chainsaw, Hedge Trimmer, Others in the Global Small Engines for Home and Garden Equipment Market:
The Global Small Engines for Home and Garden Equipment Market finds its application in various areas. Lawn mowers, for instance, are one of the most common uses of small engines. These machines help maintain and beautify lawns, making them an essential tool for homeowners with large yards. Chainsaws, powered by small engines, are used for cutting down trees and large branches. Hedge trimmers, another application of small engines, are used for shaping and maintaining hedges and shrubs. Other equipment powered by small engines includes leaf blowers, pressure washers, and tillers. Each of these tools plays a crucial role in home and garden maintenance, contributing to the growth of the market.
Global Small Engines for Home and Garden Equipment Market Outlook:
Looking at the market outlook, the Global Small Engines for Home and Garden Equipment Market is on a positive trajectory. In 2023, the market was valued at US$ 2161 million. It is expected to grow at a compound annual growth rate (CAGR) of 4.1% to reach US$ 2872.5 million by 2030. This growth can be attributed to the increasing demand for home and garden equipment powered by small engines. The market is dominated by the top five manufacturers, who collectively hold about 80% of the market share. In terms of product segmentation, gasoline engines are the largest segment, accounting for about 75% of the market.
| Report Metric | Details |
| Report Name | Small Engines for Home and Garden Equipment Market |
| Accounted market size in 2023 | US$ 2161 million |
| Forecasted market size in 2030 | US$ 2872.5 million |
| CAGR | 4.1% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Briggs and Stratton, Honda, Kohler, Kawasaki, Kubota, Generac |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
