DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Small Gas Engines Market by Equipment, Engine Displacement, End-Use, and Region - Global Forecast to 2021" report to their offering.
The global small gas engines market is forecast to grow at a CAGR of 4.15%, from 2016 to 2021, and reach a value of USD 2.91 Billion by 2021.
The growth is likely to be driven by a growth in the construction industry and a rise in demand for rented outdoor power equipment. The demand for outdoor power equipment is expected to rise as demand for residential and commercial construction increases. Contractors and homeowners are increasingly shifting towards renting outdoor power equipment due to lower costs and minimal costs of maintenance.
Small gas engines are used in various outdoor power equipment like chainsaws, rotary tillers, hedge trimmers, string trimmers, concrete vibrators, concrete screeds, lawnmowers, leaf blowers, snow blowers, portable generators, pressure washers, and edgers, among others. There is high demand for lawnmowers, which is one of the factors that is likely to drive the growth of the small gas engines market. The residential and commercial construction market accounts for a majority of lawn mower equipment sales. Equipment sales are primarily driven by increasing adoption of landscaping in various regions.
- Briggs & Straton Corporation
- Champion Power Equipment
- Chongqing Rato Technology Co., Ltd.
- Chongqing Winyou Power Co., Ltd.
- Fuji Heavy Industries
- Fujian Jinjiang Sanli Engine Co., Ltd.
- Fuzhou Launtop M&E Co., Ltd.
- Hitachi Koki Co., Ltd.
- Honda Motor Co.
- Jiangsu Excalibur Power Machinery Co., Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Small Gas Engines Market, By Equipment
7 Small Gas Engines Market, By Engine Displacement
8 Small Gas Engines Market, By End-Use
9 Small Gas Engines Market, By Region
10 Competitive Landscape
11 Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/69g7p3/small_gas_engines