Small Internal Combustion Engine (ICE) Market, Global Outlook and Forecast 2023-2028

Report ID: 1314493 | Published Date: Jan 2025 | No. of Page: 71 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story

Small internal combustion engines consume less fuel to generate sufficient power. Governments of various countries are imposing certain regulations to control the emissions of internal combustion (IC) engines, which is pressurizing the engine makers toward downsizing and production of small-sized engines.
The power of the small internal combustion engine that this report focuses on is less than 20Kw.
This report contains market size and forecasts of Small Internal Combustion Engine (ICE) in global, including the following market information:
Global Small Internal Combustion Engine (ICE) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Small Internal Combustion Engine (ICE) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Small Internal Combustion Engine (ICE) companies in 2021 (%)
The global Small Internal Combustion Engine (ICE) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Gasoline Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Small Internal Combustion Engine (ICE) include Caterpillar Inc., Kawasaki Heavy Industries, Ltd, MITSUBISHI HEAVY INDUSTRIES, LTD, Liebherr, YANMAR HOLDINGS CO., LTD, Cummins, Inc., Fairbanks Morse, INNIO and Wartsila and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Small Internal Combustion Engine (ICE) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Small Internal Combustion Engine (ICE) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Small Internal Combustion Engine (ICE) Market Segment Percentages, by Type, 2021 (%)
Gasoline
Diesel
Others
Global Small Internal Combustion Engine (ICE) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Small Internal Combustion Engine (ICE) Market Segment Percentages, by Application, 2021 (%)
Power Generation
Manufacturing
Oil and Gas
Transportation
Electrical Tools
Others
Global Small Internal Combustion Engine (ICE) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Small Internal Combustion Engine (ICE) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Small Internal Combustion Engine (ICE) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Small Internal Combustion Engine (ICE) revenues share in global market, 2021 (%)
Key companies Small Internal Combustion Engine (ICE) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Small Internal Combustion Engine (ICE) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Caterpillar Inc.
Kawasaki Heavy Industries, Ltd
MITSUBISHI HEAVY INDUSTRIES, LTD
Liebherr
YANMAR HOLDINGS CO., LTD
Cummins, Inc.
Fairbanks Morse
INNIO
Wartsila
Rolls-Royce

Frequently Asked Questions
Small Internal Combustion Engine Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Small Internal Combustion Engine Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Small Internal Combustion Engine Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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