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  • Small Off Road Engines Market Report | Covid-19 Impact Analysis

    Small Off Road Engines Market Report | Covid-19 Impact Analysis

    Small Off Road Engines Market Report | Covid-19 Impact Analysis
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    Small Off-road Engines Market Size, Share, Trend, Forecast, & Industry Analysis &ndash See more...

    Impact of COVID-19 on Small Off Road Engines Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Small Off Road Engines Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Small Off-road Engines Market Insights

    Small Off-road Engines Market is likely to witness an impressive CAGR of 5.0% during the forecast period. Major factors such as growing participation in gardening and landscape activities globally, increasing urbanization, ongoing trends in campus and corporate gardening and urban farming, increasing technological enhancements, and growing consumer spending and presence of industry players are expected to fuel the market growth during the forecast period.

    Small Off-road Engines Market - Snapshot

    Growth

    5.0% for the next five years

    Major Engine Displacement Type

    100cc to 500cc

    Leading Number of Cylinders Type

    Double Cylinder

    Major Drive Shaft Orientation Type

    Vertical

    Dominant End-Use Sector Type

    Gardening/Landscaping

    Largest Distribution Channel Type

    OEM

    Region with the highest demand

    Asia-Pacific

    Key Players

    Briggs & Stratton Corporation, Chongqing Zongshen Power Machinery Co., Ltd., Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., Kohler Co., Kubota Corporation, Lifan Industry Co., Ltd., Loncin Motor Co., Ltd., Motorenfabrik Hatz GmbH & Co. KG, and Yanmar Co., Ltd.

     

    Market Share Analysis

    Small-Off-road-Engines-Market-Dominant-Segments

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    Small Off-road Engines Market Share: By Engine Displacement Type

    Based on the engine displacement type, the market is segmented as up to 100cc, 100cc to 500cc, and 500cc to 800cc. Engine displacement type between 100cc to 500cc is estimated to register strong growth owing to its superior performance capabilities with extended durability. This engine displacement type offers noiseless performance, lesser emissions and exceptional power output with lower fuel consumption, and is specifically designed for high debris applications. On the other hand, 500cc to 800cc type of engine displacement is also expected to witness robust growth in the market during the forecast period owing to its greater fuel efficiency and enhanced adaptability for various commercial applications.  

    Small Off-road Engines Market Share: By Number of Cylinders Type

    Based on the number of cylinders type, the market is segmented as single cylinder, double cylinder, and multi-cylinder. The double cylinder engine is likely to hold the major share of the market during the forecast period owing to its superior performance with higher durability. In addition, multi-cylinder engine is estimated to witness significant growth in the market due to its compact size, offering lower vibration and enabling quicker cooling with more cooling surface area and smaller cylinder bore.

    Small Off-road Engines Market Share: By Drive Shaft Orientation Type

    Based on the drive shaft orientation type, the small off-road engines market is segmented as horizontal and vertical. The vertical drive shaft engine is anticipated to witness significant growth rate in the market during the forecast period. Factor such as simple setup, lower maintenance, and relative availability of product is further expected to boost the segment’s growth during the forecast period.

    Small Off-road Engines Market Share: By End-Use Sector Type

    Based on the end-use sector type, the market is segmented as agriculture, domestic, gardening/landscaping, industrial, automotive, and construction. The gardening/landscaping segment is estimated to be the dominant end-use sector in the market owing to the extensive use of product to power various gardening and landscaping equipment such as chain saws, leaf blowers, cutters, and garden tillers. On the other hand, domestic and agriculture applications are also expected to witness substantial growth in the market during the forecast period owing to their growing demand from emerging countries.

    Small Off-road Engines Market Share: By Distribution Channel Type

    Based on the distribution channel type, the market is segmented as OEM and aftermarket. The OEM distribution channel is expected to hold the larger share of the market during the forecast period owing to the wide distribution and shifting consumer inclination towards product quality. Safety provision, improved durability, and excellent performance with minimized maintenance cost are the other major factors expected to accelerate the overall market growth during the forecast period.

    Small Off-road Engines Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the fastest-growing region in the market during the forecast period. The growth of the region’s market is attributed to the presence of key players and the easy availability of raw materials, cost effective prices of products, and growing demand for domestic and agriculture equipment. On the other hand, North America is estimated to witness significant growth over the forecast period. The growth of the North American market is attributed to the increasing application of these engines in gardening/landscaping equipment. Also, Europe is expected to offer substantial growth opportunities during the forecast period.

    Small-Off-road-Engines-Market-By-Region

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    Some of the major players in the small off-road engines market are-

    • Briggs & Stratton Corporation
    • Chongqing Zongshen Power Machinery Co., Ltd.
    • Honda Motor Co., Ltd.
    • Kawasaki Heavy Industries, Ltd.
    • Kohler Co.
    • Kubota Corporation
    • Lifan Industry Co., Ltd.
    • Loncin Motor Co., Ltd.
    • Motorenfabrik Hatz GmbH & Co. KG
    • Yanmar Co., Ltd.

     

    Market Scope & Segmentation

    Small off-road engines are spark ignition engines which possess extensive range of small displacements with insignificant power output and are majorly used in lawn and garden equipment as well as some other outdoor power equipment where independent source of power is required.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Small Off-road Engines Market Research Report - Features

    Market Segmentation

    6

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The small off-road engines market is segmented into the following categories. 

    Small Off-road Engines Market Size, Share, & Forecast, by Engine Displacement Type:

    • Up to 100cc (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 100cc to 500cc (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • 500cc to 800cc (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Small Off-road Engines Market Size, Share, & Forecast, by Number of Cylinders Type:

    • Single Cylinder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Double Cylinder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Multi-Cylinder (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Small Off-road Engines Market Size, Share, & Forecast, by Drive Shaft Orientation Type:

    • Horizontal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vertical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Small Off-road Engines Market Size, Share, & Forecast, by End-Use Sector Type:

    • Agriculture (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Domestic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Gardening/Landscaping
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-Use Sector Type Analysis: Residential and Commercial)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Small Off-road Engines Market Size, Share, & Forecast, by Distribution Channel Type:

    • OEM (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Small Off-road Engines Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the end-use sector types by distribution channel type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The small off-road engines market is expected to witness an impressive growth of 5.0% CAGR in the foreseeable future.

    Briggs & Stratton Corporation, Chongqing Zongshen Power Machinery Co., Ltd., Honda Motor Co., Ltd., Kawasaki Heavy Industries, Ltd., Kohler Co., Kubota Corporation, Lifan Industry Co., Ltd., Loncin Motor Co., Ltd., Motorenfabrik Hatz GmbH & Co. KG, and Yanmar Co., Ltd are among the key players in the small off-road engines market.

    Asia-pacific is expected to be the fastest growing small off-road engines market during the next five years.

    The gardening/landscaping segment is expected to remain dominant end-use sector type in the small off-road engines market in the coming years.

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