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Small Off Road Engines Market Trends

Report ID: GMI4679
Published Date: Jul 2024
Report Format: PDF

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Small Off Road Engines Market Trends

Increased environmental concerns and strict emission regulations are causing a transition towards electric and hybrid engines in the small off-road engines business. These engines offer decreased emissions, less noise, and improved efficiency. Furthermore, smart technologies such as GPS tracking, remote monitoring, and predictive maintenance are being integrated by manufacturers to enhance the usability and efficiency of these engines.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of small off road engines was reached USD 63.2 billion in 2023 and is anticipated to register 6.7% CAGR between 2024 and 2032, owing to the growing popularity of recreational activities worldwide.

The 500cc to 800cc segment of the small off road engines market was valued at USD 30.4 billion in 2023 and is expected to grow at 5.9% CAGR from 2024 to 2032, as they offer an optimum blend of power and mobility in a wide range of applications.

North America small off road engines market size surpassed USD 31.8 billion in 2023 and is expected to grow at 6.8% CAGR during 2024 and 2032, due to the increasing demand for gardening and landscaping equipment/machinery.

Kawasaki Heavy Industries, Ltd, Kohler Co, Kubota Corporation, Lifan Industry (Group) Co., Ltd, Liquid Combustion Technology, LLC, Loncin Motor Co., Ltd, Mitsubishi Heavy Industries Engine & Turbocharger, Ltd, Motorenfabrik Hatz GmbH & Co. KG, Yamaha Motor Co., Ltd, and Yanmar Co., Ltd. among others.