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Europe Small Off-road Engines Market Forecast 2027 By Drive Shaft Orientation (Horizontal, Vertical), By Number Of Cylinder (Single, Double, Multi), By Engine Displacement (Up to 100cc, 100cc to 500cc, 500cc to 800cc), By End-use Sector (Agriculture, Domestic, Gardening/Landscaping, Industrial, Automotive, Construction), By Distribution Channel (OEM, Aftermarket), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: June 2021 | Publisher: Graphical Research Report ID: GR1863 | Delivery : PDF  Request Free Sample

Europe Small Off-road Engines Market size surpassed USD 15,484 million in 2020 and is estimated to expand at over 5.8% CAGR between 2021 and 2027. Various government regulations, policy and guidelines aim to promote gardening and landscaping in public places to support green movement and beautify public places in the area will boost the market expansion.

Europe Small Off-road Engines Market

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A strong demand for all-terrain vehicles, power snowmobiles, mortar mixers, boring units, and golf carts with small off-road engines is driving the development of industries in the region. In addition, the presence of well-known product manufacturers in the region has initiated business strategies such as geographic expansion, technological advancements, and partnerships, which can support the market growth. For instance, in 2018, Briggs and Stratton Corp., a leading gasoline-powered outdoor appliance supplier, announced the acquisition of certain assets from Hurricane Inc. to use their high-quality manufacturing expertise to fuel the demand for the company's turf and commercial products portfolio.

The COVID-19 pandemic has caused the demand for small engines for general off-road applications to drop sharply to unprecedented levels. The year-on-year decline in 2020 is extremely difficult to quantify the specific impacts of COVID-19 as it is still spreading and seizing the economy with its force of death. Further, the shutdown of major industrial activities is estimated to slowdown the market growth.

Europe Market, By Engine Displacement

Europe Small Off-road Engines Market

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500 cc – 800 cc segment will witness over 5% growth rate till 2027 owing to actively developing small trucks, specifically for farms. Powerland 900d tractors with a power of up to 800 cc are specially designed for farmers to easily farm, drag, and spray under agricultural conditions and use the power tools they need. In addition, their excellent performance and low fuel consumption make them ideal for handling large amounts of dirt to withstand prolonged use under extreme conditions.

Europe Market, By Number of Cylinder

Twin or double cylinder engines held over 30% Europe small off-road engines market share in 2020. The higher magnitude power makes the double cylinder preferable, making it ideal to mow the land between one to two acres. In addition, Two-cylinder engines are pleasant to use as they tend to burn fuel more cleanly. They are easier to start and ensure a longer service life of the machine. All of these have minimal or no vibration, and run quieter, leading many people to choose V-Twin over its similar products.

Europe Market, By Drive Shaft Orientation

Europe Small Off-road Engines Market

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Vertical propeller shaft motors will dominate this field as it is a very popular motor choice among small mower owners due to its lightweight design, smooth operations, and overall efficient propulsion system. In addition, these motors are also widely used in karts, small electric bicycles, and other small industrial or construction equipment. Furthermore, vertical drive shaft engine can provide users with maximum speed, power, and controllability when navigating on various terrains and terrains.

Europe Market, By End-use Sector

The agriculture/landscape sector generated around USD 1 billion in revenue in 2020 led by strong growth in the lawn and gardening industry. The improvement of living standards and the increase of disposable income are the key factors for the development of the horticulture industry. The tax system and easy access to attractive insurance and financing options will encourage consumers to purchase new lawn and gardening equipment.

Europe Market, By Distribution Channel

The OEM segment is expected to grow at over 5.5% CAGR during the forecast period. The OEM distribution channel contributes toward product quality, reliability, and cost-effective post-sales services. In addition, increasing durability, safety, and quality service are the other key factors for this segment growth along with reduced maintenance costs.

Competitive Industry Landscape

Participants in Europe small off-road engines market mainly focus on product innovations, mergers, acquisitions, and expansions to gain a competitive advantage in the industry. For example, in March 2020, Kubota announced the development of a new large-displacement industrial diesel engine, which meets the requirements of S7509 Stage V EU regulation.
 

Frequently Asked Question(FAQ) :

The market for small off-road engines in Europe surpassed USD 15,484 million in 2020 and will grow at more than 5.8% CAGR through 2027 with growing significance of green movement.
The 500cc-800cc segment will expand at more than 5% CAGR through 2027 due to the development of small trucks for farms.
The market share from the double cylinder segment accounted for more than 30% in 2020 and will grow owing to higher magnitude power and longer service life.
The OEM segment will expand at more than 5.5% CAGR with durability and improved cost-effective post-sales services.

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