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APAC Small off-road Engine Market size to reach $5 Bn by 2027
Published Date: 2021-06-07
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APAC Small off-road Engine Market size is predicted to cross USD 5 billion by 2027, according to a latest forecast report by Graphical Research. The escalating use of products in the gardening/landscaping industry coupled with the presence of industry players will propel the market growth.
The rising urban migration and proliferating awareness of gardening coupled with positive government initiatives in the region will support the robust gardening growth. The increasing popularity of allotment gardens in the urban areas of Japan and rising number of playgrounds & golf courses in the region will boost the product consumption in future. The upcoming Olympics in Japan followed by Winter Olympic Games in China will further propel the product consumption to aesthetically enhance the visual appeal of the hosting stadiums. However, higher noise, vibration, and rising pollution levels along with supply chain disruption due to the COVID-19 pandemic are likely to hinder the market revenue.
Single cylinder variants will account for over 45% volume share in the Asia Pacific small off-road engine market. This configuration is lightweight, small & compact, and can fit in compact frames of various gardening equipment applications. It has gained traction among low-displacement engines due to its compact size, finding usage in residential landscaping equipment.
Browse detailed statistical insights from the report, “Asia Pacific Small Off-road Engines Market Forecast 2027 by Number of Cylinder (Single, Double, Multi), Engine Displacement (Up to 100cc, 100cc to 500cc, 500cc to 800cc), Drive Shaft Orientation (Horizontal, Vertical), End-use Sector (Agriculture, Domestic, Gardening/Landscaping, Industrial, Automotive, Construction), Distribution Channel (OEM, Aftermarket), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
Up to 100cc variants will hold significant share in the Asia Pacific small off-road engines industry. This type of engine is easy to install owing to its compact size and is majorly used in string trimmers, snow/leaf blowers, and other low-duty applications. It requires independent power sourced engines for its operation. Horizontal drive shaft off-road engines will witness a substantial growth in the coming years. These engines are mainly used in general purpose equipment comprising tillers, pumps, chainsaws, and portable generators.
In 2027, the industrial end-use sector will account for over USD 900 million in the Asia Pacific small off-road engine market. Small engines are widely used in several equipment and machinery in several industrial sectors. The mineral extraction & mining sector depends heavily on portable generators to harness natural resources such as precious metals, iron ore, aggregates, gas, oil, and coal.
The aftermarket segment will witness over 7% CAGR over the study timeframe. The aftermarket is a preferred distribution channel for the maintenance and purchase of replacement engine parts at a lower cost when compared to OEMs. It is the secondary market of small off-road engines including production, supply, and installation of engines in industrial, agricultural, and landscaping equipment.
The APAC small off-road engine market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
Asia Pacific Market, By Engine Displacement
- Up to 100cc
- 100cc to 500cc
- 500cc to 800cc
Asia Pacific Market, By Number of Engines
- Single cylinder
- Double cylinder
- Multi cylinder
Asia Pacific Market, By Drive Shaft Orientation
Asia Pacific Market, By End-use Sectors
Asia Pacific Market, By Distribution Channel
The above information has been provided for the following countries:
- Asia Pacific
- Rest of Asia Pacific