Small Off-road Engines With Geographic Segmentation, Statistical Forecast And Competitive Analysis Report To 2027
Category: #business  By Rahul Varpe  Date: 2022-08-03
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Small Off-road Engines With Geographic Segmentation, Statistical Forecast And Competitive Analysis Report To 2027

The small off-road engines market is estimated to grow at a significant rate over the forecast time period due to the surging product demand from agriculture and landscaping/gardening industry, expanding industrial and construction activities, high demand for snowmobiles and other off-road vehicles, and growing demand for pressure washers, snow blowers, and portable generators.

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Small-road engines mostly consists of compression-ignition engines that are diesel-based. These engines are usually found in a variety of off-road applications like industrial, farming, as well as construction.

Some of the common examples where these kind of engines are used include yard tractors, dozers, loaders, sweepers, scrapers, stackers, graders, and forklifts. Small-off road engines, or SORE, are basically spark-ignition engines that are rated at or below 19 kilowatts. However, these types of engines are largely used in garden and lawn equipment and other types of outdoor power equipment as well as specialty vehicles.

The small off-road engines market is segmented on the basis of engine displacement, number of cylinders, drive shaft orientation, end-user, distribution channel, and regional landscape.

With respect to end-use, the overall market for small-road engines is categorized into construction, automotive, industrial, domestic, gardening/landscaping, and agriculture. Domestic segment is likely to witness a decent CAGR of over 5% through the forecast time period. The growing demand for pressure washers, snow blowers, and portable generators will boost the segmental growth.

The automotive segment is projected to witness a 4% CAGR over the forecast time period. The growth is attributed to the surging demand for snowmobiles as well as off-road vehicles.

Meanwhile, the construction segment currently accounts for over 7% share of the overall market and is anticipated to register similar growth patterns in the times to come. This projected growth is ascribed to the increasing demand for concrete saws, portable tampers, and mortar mixers.

Concrete sawing is an everyday tool of the construction industry, essential for mainly cutting as well as removing concrete along with other masonry in a safe and accurate manner. It is also commonly used building and remodeling work.

From a regional frame of reference, the LATAM region will witness a growth rate of over 5.5% over the forecast time period. The regional growth is attributed to the surging demand from agriculture and landscaping/gardening industry.

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Meanwhile, at present, the Middle East & Africa accounts for around 5% share in the overall market revenue and will continue to follow similar growth over the coming time period. The growth is ascribed to the increasing construction as well as industrial actives further increasing the product sales in the region.

Report Content

Chapter 1. Methodology and Scope

1.1.  Market definitions

1.2.  Base estimation & working

1.2.1. North America

1.2.2. Europe

1.2.3. APAC

1.2.4. LATAM

1.2.5. MEA

1.3.  Forecast calculation

1.3.1. COVID-19 impact calculations on industry forecast

1.4.  Data sources

1.5.  Primary

1.6.  Secondary

1.6.1. Paid sources

1.6.2. Public sources

Chapter 2. Executive Summary

2.1.  Small off-road engines industry 360° synopsis, 2017 – 2027

2.1.1. Business trends

2.1.2. Engine displacement trends

2.1.3. Number of cylinder trends

2.1.4. Drive shaft orientation trends

2.1.5. End-use sector trends

2.1.6. Distribution channel trends

2.1.7. Regional trends

Chapter 3. Small Off-Road Engines Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2017 – 2027

3.3.  Industry ecosystem analysis

3.3.1. Profit margin analysis

3.3.2. Value addition at each stage

3.3.3. Distribution channel analysis

3.3.4. Vendor matrix

3.3.4.1.    List of key manufacturers and suppliers

3.3.4.2.    List of key/potential customers

3.4.  Innovation & sustainability

3.4.1. Technology landscape

3.4.2. Future trends including COVID-19 impact

3.4.2.1.    Production trends

3.4.2.1.1.    North America

3.4.2.1.2.    Europe

3.4.2.1.3.    Asia Pacific

3.4.2.1.4.    LATAM

3.4.2.1.5.    MEA

3.4.2.2.    Demand trends

3.4.2.2.1.    North America

3.4.2.2.2.    Europe

3.4.2.2.3.    Asia Pacific

3.4.2.2.4.    LATAM

3.4.2.2.5.    MEA

3.5.  Industry megatrends

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.    Rising technological advancement

3.6.1.2.    Increasing consumer spending and presence of industry players

3.6.1.3.    Escalating use of product in gardening/landscaping industry

3.6.2. Industry pitfalls & challenges

3.6.2.1.    High noise, vibration and increased pollution levels

3.6.2.2.    Increasing uncertainties and significant policy focus toward environment

3.7.  Regulatory trends

3.7.1. U.S.

3.7.2. Europe

3.7.3. Asia Pacific

3.8.  Growth potential analysis

3.9.  Competitive landscape, 2020

3.9.1. Company market share, 2020

3.9.2. Strategy dashboard

3.10.      Porter’s analysis

3.10.1.  Supplier power

3.10.2.  Buyer power

3.10.3.  Threat of new entrants

3.10.4.  Threat of substitutes

3.10.5.  Industry rivalry

3.11.  Price trends (including COVID-19 impact)

3.11.1.  Regional price trends

3.11.2.  Cost structure analysis

3.11.2.1.     R&D cost

3.11.2.2.     Manufacturing & equipment cost

3.11.2.3.     Raw material cost

3.11.2.4.     Distribution cost

3.11.2.5.     Operating cost

3.11.2.6.     Miscellaneous cost

3.12.  PESTEL analysis

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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