According to the research report titled ‘Small Off-Road Engines Market Size By Engine Displacement, By Drive Shaft Orientation, By End-Use Sector By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026‘, available with Market Study Report, global small off-road engines market is anticipated to amass significant returns during 2020-2026.
 

Rising demand for small off-road engines from agriculture, construction, gardening, and landscaping applications is propelling the market growth. These are compression-ignition engines and are predominantly used in graders, cranes, forklifts, loaders, scrapers, dozers, stackers, sweepers, excavators, and yard tractors. Other machineries that use small off-road engines are swappers, ice rink machines, pressure washers, vacuums, blowers, piste machines, lawn mowers, trimmers, hobby chain saws, wood splitters, tillers, and others.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2772766/
 

Based on end-use spectrum, small off-road engine market share from domestic segment is estimated to showcase a y-o-y growth rate of 5%, while the industrial segment is poised to expand with 4% CAGR through 2026. Surging demand for snow blowers, portable generators, pumps, and pressure washers is impelling the segmental share.
 

As per the report construction end-use segment contributed 15% to the industry share in the recent past and is slated to grow further, on account of escalating sales of mortar mixers, portable tampers, and concrete saws.
 

From a regional frame of reference, Latin America small off-road engines market is expected to witness a 4% CAGR over the forecast period, mainly due to rising product demand from the agriculture and gardening/landscaping sectors in the region.
 

Meanwhile, Middle East & Africa market held 4% revenue share in the past year, owing to increasing industrial and construction activities that will boost the product sales in the region.
 

Key players operating in global small off-road engines market are Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Engine & Turbocharger Ltd., Motorenfabrik Hatz GmbH & Co. KG, Honda Motor Co. Ltd., Yanmar Co. Ltd., Loncin Motor Co. Ltd., Honda Motor Co. Ltd., Yamaha Motor Co. Ltd., Greaves Cotton Ltd., Kubota Corporation, Liquid Combustion Technology LLC, Chongqing Zongshen Power Machinery Co. Ltd., Lifan Industry (Group) Co. Ltd., Chongqing Fuchai Industry Group, Kohler Co., and Briggs & Stratton.