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Small Off-road Engines Market Share

  • Report ID: GMI4679
  • Published Date: Apr 2021
  • Report Format: PDF

Small Off-road Engines Market Share

SORE manufacturers are undergoing geographic expansion to strengthen their industry foothold. For instance, in August 2019, Honda expanded its existing plant in Alamance County, U.S. The USD 46.4 million expansion is set to manufacture a new generation of Honda’s general-purpose engines used in its latest lawnmowers.
 

The key small off-road engines market participants include :
 

  • Briggs & Stratton Engines
  • Kubota Corporation
  • Honda Motor
  • Yamaha Motor
  • Kawasaki Heavy Industries
  • Kohler Co
  • Lifan Industry (Group)
  • Yanmar
  • Motorenfabrik Hatz
     

This market research report on

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for small off-road engines had reached USD 55.6 billion in 2020 and will expand at around 5.9% CAGR over 2021-2027.

The market for 100cc-500cc small off-road engines will register 5.5% CAGR through 2027 owing to benefits like enhanced durability, noiseless performance and lower emissions.

Double cylinder small off-road engines held more than 35% of the global market share in 2020 and will expand with the need for more durable products and availability of low displacement variants.

The gardening and landscaping application contributed nearly USD 30 billion towards small off-road engines industry during 2020.

North America region accounted for almost 50% of the global market share and will expand owing to higher use of gardening equipment and machinery.

Small Off-road Engines Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 15
  • Tables & Figures: 336
  • Countries covered: 18
  • Pages: 290
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