Small Engine Market Size and Forecast, 2025 - 2032

The global small engine market is estimated to be valued at USD 19.34 Billion in 2025 and is expected to reach USD 24.77 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.6% from 2025 to 2032.

Key Takeaways of the Global Small Engine Market:

The horizontal engines segment is expected to lead the market, holding an estimated share of 53.3% in 2025.
Based on fuel type, the gasoline engines segment is expected to dominate with a share of approximately 77.4% in 2025.
North America is the largest market, and is expected to account for 32.6% of the market share in 2025. Asia Pacific, holding a share of 23.6% in 2025, is projected to show the fastest growth.

Market Overview:

The global small engine market has been witnessing significant growth over the past few years. The residential sector, comprising lawn mowers and other garden equipment, held majority of the market share. Growing urbanization and increasing consumer spending on lawn and garden equipment are some of the key factors driving the sales of small engines. However, stringent emission regulations on gasoline-powered equipment and rising focus towards battery-powered alternatives are expected to pose challenges for market growth in the coming years.