Asia Pacific Small Internal Combustion Engine Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Fuel Type, Cylinders, Power Output, and End-Use Industry

1 Segment to Dominate APAC Small ICE Market during 2019-2027

According to this research study titled “APAC Small ICE Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Fuel Type, Cylinders, Power Output Range and End User,” the market is expected to reach US$ 1977.14 million by 2027 from US$ 1619.28 million in 2020. The market is estimated to grow at a CAGR of 2.9% from 2020 to 2027. The report provides trends prevailing in the APAC small ice market along with the drivers and restraints pertaining to the market growth. Boom in Consumption of Combustion Engines in Developing Countries are the major factor driving the growth of the APAC small ice market. However, issues associated with the Increase Toward Electric Energy over Fossil Fuels hinder the growth of APAC Small Internal Combustion Engine (ICE) Market

Various developing economies are situated in the region that has announced lockdowns, ceasing the construction and manufacturing activities. The government of various countries in the APAC took necessary steps to reduce the virus's spread by announcing lockdowns, thus impacting the growth of the small ICE market. The introduction of lockdowns has resulted in the halt of manufacturing and transportation projects in the region, which negatively impacted the growth of small ICE in the region. However, after a prolonged lockdown, various countries have started easing the restrictions. For instance, India's government started the unlock phase, in which it allowed the manufacturing and transportation activities to resume. However, Australia is still under lockdown. Several manufacturing facilities are based in China, which was highly impacted in Q1 2020. The production and demand for small ICE in the country dropped during Q1 2020, followed by recovery in Q2 2020. The country is one of the biggest markets for small ICE in the world. Also, India is one of the significant markets for small ICE.

The APAC small ice market is segmented based on fuel type, cylinders, power output, end-use industry, and country. Based on fuel type, the market is segmented into gasoline, diesel, and Gas. The gasoline segment is further sub segmented into compressed natural gas (CNG), liquefied petroleum gas (LPG), and liquefied natural gas (LNG). In terms of cylinders, the market is segmented into 1, 2, 3, and 4. Based on power output, the market is segmented into 1-5 kW, 6-10 kW, and 11-20 kW. In terms of end-use industry, the market is segmented into power generation, manufacturing, oil and gas, transportation, and others.

Caterpillar Inc., Kawasaki Heavy Industries, Ltd., MITSUBISHI HEAVY INDUSTRIES, LTD, Liebherr, YANMAR HOLDINGS CO., LTD., Cummins, Inc, INNIO, Wärtsilä Corporation, Rolls-Royce Holdings plc are among the leading companies in APAC small ice market ,The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, INNIO announces that the acquisition of ECI-Distribution GmbH and PowerUp GmbH, announced on November 4, 2020, has been completed effective December 1, 2020. The energy technology company ECI-Distribution GmbH, which was acquired by INNIO, covers numerous parts of the gas engine value chain. They produce state-of-the-art components for reducing emissions and increasing the efficiency of gas engines. Founded in 2014, the company also has a worldwide distribution network.

The report segments the APAC Small ICE Market as follows:

Small ICE Market - By Fuel Type

Gasoline
Diesel
Gas

Small ICE Market - By Gas Type

Small ICE Market - By Cylinder

Small ICE Market - By Power Output

1-5 kW
6-10 kW
11-20 kW

Small ICE Market - By End-Use Industry

Power Generation
Manufacturing
Oil and Gas
Transportation
Others

Small ICE Market - By Country

Australia
China
India
Japan
South Korea
Rest of Asia Pacific

Frequently Asked Questions about the Asian Pacific Small Internal Combustion Engine (ICE) Market

What is the estimated value of the Asian Pacific Small Internal Combustion Engine (ICE) Market?

The Asian Pacific Small Internal Combustion Engine (ICE) Market was estimated to be valued at $1619.28 Million in 2020.

What is the growth rate of the Asian Pacific Small Internal Combustion Engine (ICE) Market?

The growth rate of the Asian Pacific Small Internal Combustion Engine (ICE) Market is 2.9%, with an estimated value of $1977.14 Million by 2027.

What is the forecasted size of the Asian Pacific Small Internal Combustion Engine (ICE) Market?

The Asian Pacific Small Internal Combustion Engine (ICE) Market is estimated to be worth $1977.14 Million by 2027.

Who are the key companies in the Asian Pacific Small Internal Combustion Engine (ICE) Market?

Key companies in the Asian Pacific Small Internal Combustion Engine (ICE) Market include Caterpillar Inc., Cummins, Inc, INNIO, Kawasaki Heavy Industries, Ltd., Liebherr, MITSUBISHI HEAVY INDUSTRIES, LTD, Rolls, Royce Holdings plc, Wärtsilä Corporation and YANMAR HOLDINGS CO., LTD..

Report Attribute	Details
No. of Pages	114
Published	June 2021
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 1619.28 Million
Forecasted Market Value ( USD ) by 2027	$ 1977.14 Million
Compound Annual Growth Rate	2.9%
Regions Covered	Asia Pacific

1. Introduction

1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Market Landscape

4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific
4.1 Ecosystem Analysis
4.2 Expert Opinion

5. Small Internal Combustion Engine Market - Key Market Dynamics

5.1 Market Drivers
5.1.1 Severe Emission Norms Creating Demand for Efficient Fuel Engines
5.1.2 Surge in Adoption of Small Off-Road Internal Combustion Engines
5.2 Market Restraints
5.2.1 Increase Toward Electric Energy over Fossil Fuels
5.3 Market Opportunities
5.3.1 Boom in Consumption of Combustion Engines in Developing Countries
5.4 Future Trends
5.4.1 Mixture of Turbocharging and Remote Monitoring
5.5 Impact Analysis of Drivers and Restraints

6. Small Internal Combustion Engine Market - APAC Analysis

6.1 APAC Small Internal Combustion Engine Market Overview
6.2 APAC Small Internal Combustion Engine Market Revenue Forecast and Analysis

7. APAC Small Internal Combustion Engine Market Analysis 2027 - by Fuel Type

7.1 Overview
7.2 APAC Small Internal Combustion Engine Market Breakdown, by Fuel Type (2019 and 2027)
7.3 Gasoline
7.3.1 Overview
7.3.2 Gasoline Market Forecast and Analysis
7.4 Diesel
7.4.1 Overview
7.4.2 Diesel Market Forecast and Analysis
7.5 Gas
7.5.1 Overview
7.5.2 Gas Market Forecast and Analysis
7.5.3 Compressed Natural Gas (CNG)
7.5.3.1 Overview
7.5.3.2 Compressed Natural Gas (CNG): APAC Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
7.5.4 Liquefied Petroleum Gas (LPG)
7.5.4.1 Overview
7.5.4.2 Liquefied Petroleum Gas (LPG): APAC Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
7.5.5 Liquefied Natural Gas (LNG)
7.5.5.1 Overview
7.5.5.2 Liquefied Natural Gas (LNG): APAC Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)

8. APAC Small Internal Combustion Engine Market Analysis 2027- By Cylinders

8.1 Overview
8.2 APAC Small Internal Combustion Engine Market Breakdown, by Cylinder, 2019 and 2027
8.3 1
8.3.1 Overview
8.3.2 1 Market Forecast and Analysis
8.4 2
8.4.1 Overview
8.4.2 2 Market Forecast and Analysis
8.5 3
8.5.1 Overview
8.5.2 3 Market Forecast and Analysis
8.6 4
8.6.1 Overview
8.6.2 4 Market Forecast and Analysis

9. APAC Small Internal Combustion Engine Market Analysis 2027 - by Power Output

9.1 Overview
9.2 APAC Small Internal Combustion Engine Market Breakdown, by Power Output, 2019 & 2027
9.3 1-5 kW
9.3.1 Overview
9.3.2 1-5 kW Market Forecast and Analysis
9.4 6-10 kW
9.4.1 Overview
9.4.2 6-10 kW Market Forecast and Analysis
9.5-20 kW
9.5.1 Overview
9.5.2-20 kW Market Forecast and Analysis

10. APAC Small Internal Combustion Engine Market Analysis 2027- By End User

10.1 Overview
10.2 APAC Small Internal Combustion Engine Market Breakdown, By End User, 2019 and 2027
10.3 Power Generation
10.3.1 Overview
10.3.2 Power Generation Market Forecast and Analysis
10.4 Manufacturing
10.4.1 Overview
10.4.2 Manufacturing Market Forecast and Analysis
10.5 Oil & Gas
10.5.1 Overview
10.5.2 Oil and Gas Market Forecast and Analysis
10.6 Transportation
10.6.1 Overview
10.6.2 Transportation Market Forecast and Analysis
10.7 Others
10.7.1 Overview
10.7.2 Others Market Forecast and Analysis

11. APAC Small Internal Combustion Engine Market - Country Analysis

11.1 Overview
11.1.1 APAC: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2 APAC: Small Internal Combustion Engine Market, by Key Country
11.1.2.1 Australia: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2.1.1 Australia: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.1.1.1 Australia: Small Internal Combustion Engine Market, by Gas
11.1.2.1.2 Australia: Small Internal Combustion Engine Market, by Cylinders
11.1.2.1.3 Australia: Small Internal Combustion Engine Market, by Power Output
11.1.2.1.4 Australia: Small Internal Combustion Engine Market, by End User Industry
11.1.2.2 China: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2.2.1 China: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.2.1.1 China: Small Internal Combustion Engine Market, by Gas
11.1.2.2.2 China: Small Internal Combustion Engine Market, by Cylinders
11.1.2.2.3 China: Small Internal Combustion Engine Market, by Power Output
11.1.2.2.4 China: Small Internal Combustion Engine Market, by End User Industry
11.1.2.3 India: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2.3.1 India: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.3.1.1 India: Small Internal Combustion Engine Market, by Gas
11.1.2.3.2 India: Small Internal Combustion Engine Market, by Cylinders
11.1.2.3.3 India: Small Internal Combustion Engine Market, by Power Output
11.1.2.3.4 India: Small Internal Combustion Engine Market, by End User Industry
11.1.2.4 Japan: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2.4.1 Japan: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.4.1.1 Japan: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.4.2 Japan: Small Internal Combustion Engine Market, by Cylinders
11.1.2.4.3 Japan: Small Internal Combustion Engine Market, by Power Output
11.1.2.4.4 Japan: Small Internal Combustion Engine Market, by End User Industry
11.1.2.5 South Korea: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2.5.1 South Korea: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.5.1.1 South Korea: Small Internal Combustion Engine Market, by Gas
11.1.2.5.2 South Korea: Small Internal Combustion Engine Market, by Cylinders
11.1.2.5.3 South Korea: Small Internal Combustion Engine Market, by Power Output
11.1.2.5.4 South Korea: Small Internal Combustion Engine Market, by End User Industry
11.1.2.6 Rest of APAC: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
11.1.2.6.1 Rest of APAC: Small Internal Combustion Engine Market, by Fuel Type
11.1.2.6.1.1 Rest of APAC: Small Internal Combustion Engine Market, by Gas
11.1.2.6.2 Rest of APAC: Small Internal Combustion Engine Market, by Cylinders
11.1.2.6.3 Rest of APAC: Small Internal Combustion Engine Market, by Power Output
11.1.2.6.4 Rest of APAC: Small Internal Combustion Engine Market, by End User Industry

12. Impact of COVID-19 Pandemic on APAC Small ICE Market

12.1 Impact of COVID-19 Pandemic On Global ICE Market
12.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Merger and Acquisition
13.2 New Development

14. Company Profiles

14.1 Caterpillar Inc.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Kawasaki Heavy Industries, Ltd.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 MITSUBISHI HEAVY INDUSTRIES, LTD
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Liebherr
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Financial Overview
14.4.4 SWOT Analysis
14.4.5 Key Developments
14.5 YANMAR HOLDINGS CO., LTD.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Cummins, Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Wärtsilä Corporation
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Rolls-Royce Holdings plc
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments

15. Appendix

15.1 About the Publisher
15.2 Word Index

List of Tables

Table 1. APAC Small Internal Combustion Engine Market Revenue and Forecast to 2027 (US$ Million)
Table 2. APAC: Small Internal Combustion Engine Market, by Country - Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia: Small Internal Combustion Engine Market, by Fuel Type - Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia: Small Internal Combustion Engine Market, by Gas - Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia: Small Internal Combustion Engine Market, by Cylinders - Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia: Small Internal Combustion Engine Market, by Power Output - Revenue and Forecast to 2027 (US$ Million)
Table 7. Australia: Small Internal Combustion Engine Market, by End User Industry - Revenue and Forecast to 2027 (US$ Million)
Table 8. China: Small Internal Combustion Engine Market, by Fuel Type - Revenue and Forecast to 2027 (US$ Million)
Table 9. China: Small Internal Combustion Engine Market, by Gas - Revenue and Forecast to 2027 (US$ Million)
Table 10. China: Small Internal Combustion Engine Market, by Cylinders - Revenue and Forecast to 2027 (US$ Million)
Table 11. China: Small Internal Combustion Engine Market, by Power Output - Revenue and Forecast to 2027 (US$ Million)
Table 12. China: Small Internal Combustion Engine Market, by End User Industry - Revenue and Forecast to 2027 (US$ Million)
Table 13. India: Small Internal Combustion Engine Market, by Fuel Type - Revenue and Forecast to 2027 (US$ Million)
Table 14. India: Small Internal Combustion Engine Market, by Gas - Revenue and Forecast to 2027 (US$ Million)
Table 15. India: Small Internal Combustion Engine Market, by Cylinders - Revenue and Forecast to 2027 (US$ Million)
Table 16. India: Small Internal Combustion Engine Market, by Power Output - Revenue and Forecast to 2027 (US$ Million)
Table 17. India: Small Internal Combustion Engine Market, by End User Industry - Revenue and Forecast to 2027 (US$ Million)
Table 18. Japan: Small Internal Combustion Engine Market, by Fuel Type - Revenue and Forecast to 2027 (US$ Million)
Table 19. Japan: Small Internal Combustion Engine Market, by Gas - Revenue and Forecast to 2027 (US$ Million)
Table 20. Japan: Small Internal Combustion Engine Market, by Cylinders - Revenue and Forecast to 2027 (US$ Million)
Table 21. Japan: Small Internal Combustion Engine Market, by Power Output - Revenue and Forecast to 2027 (US$ Million)
Table 22. Japan: Small Internal Combustion Engine Market, by End User Industry - Revenue and Forecast to 2027 (US$ Million)
Table 23. South Korea: Small Internal Combustion Engine Market, by Fuel Type - Revenue and Forecast to 2027 (US$ Million)
Table 24. South Korea: Small Internal Combustion Engine Market, by Gas - Revenue and Forecast to 2027 (US$ Million)
Table 25. South Korea: Small Internal Combustion Engine Market, by Cylinders - Revenue and Forecast to 2027 (US$ Million)
Table 26. South Korea: Small Internal Combustion Engine Market, by Power Output - Revenue and Forecast to 2027 (US$ Million)
Table 27. South Korea: Small Internal Combustion Engine Market, by End User Industry - Revenue and Forecast to 2027 (US$ Million)
Table 28. Rest of APAC: Small Internal Combustion Engine Market, by Fuel Type - Revenue and Forecast to 2027 (US$ Million)
Table 29. Rest of APAC: Small Internal Combustion Engine Market, by Gas - Revenue and Forecast to 2027 (US$ Million)
Table 30. Rest of APAC: Small Internal Combustion Engine Market, by Cylinders - Revenue and Forecast to 2027 (US$ Million)
Table 31. Rest of APAC: Small Internal Combustion Engine Market, by Power Output - Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of APAC: Small Internal Combustion Engine Market, by End User Industry - Revenue and Forecast to 2027 (US$ Million)
Table 33. List of Abbreviation

List of Figures

Figure 1. APAC Small ICE Market Segmentation
Figure 2. APAC Small ICE Market Segmentation - By Country
Figure 3. APAC Small ICE Market Overview
Figure 4. Gasoline Segment Held the Largest Share During Forecast Period
Figure 5. CNG Gas Type Segment Dominated the Gas Segment
Figure 6. 1 Cylinder ICE Dominated the Market
Figure 7.-20 kW ICE Dominated the Market
Figure 8. APAC Small ICE Market, Country Analysis
Figure 9. APAC: PEST Analysis
Figure 10. Small Internal Combustion Engine Market- Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Small Internal Combustion Engine Market Impact Analysis of Drivers and Restraints
Figure 13. APAC Small Internal Combustion Engine Market Revenue Forecast and Analysis (US$ Million)
Figure 14. APAC Small Internal Combustion Engine Market Breakdown, by Fuel Type, 2019 & 2027 (%)
Figure 15. Gasoline Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. Diesel Market Revenue and Forecast to 2027 (US$ Million)
Figure 17. Gas Market Revenue and Forecast to 2027 (US$ Million)
Figure 18. Compressed Natural Gas (CNG): APAC Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 19. Liquefied Petroleum Gas (LPG): APAC Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 20. Liquefied Natural Gas (LNG): APAC Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 21. APAC Small Internal Combustion Engine Market Breakdown, By Cylinder Count, 2019 and 2027 (%)
Figure 22. 1 Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. 2 Market Revenue and Forecast to 2027 (US$ Million)
Figure 24. 3 Market Revenue and Forecast to 2027 (US$ Million)
Figure 25. 4 Market Revenue and Forecast to 2027 (US$ Million)
Figure 26. APAC Small Internal Combustion Engine Market Breakdown, by Power Output, 2019 & 2027 (%)
Figure 27. 1-5 kW Market Revenue and Forecast to 2027 (US$ Million)
Figure 28. 6-10 kW Market Revenue and Forecast to 2027 (US$ Million)
Figure 29.-20 kW Market Revenue and Forecast to 2027 (US$ Million)
Figure 30. APAC Small Internal Combustion Engine Market Breakdown, By End User, 2019 and 2027 (%)
Figure 31. Power Generation Market Revenue and Forecast to 2027 (US$ Million)
Figure 32. Manufacturing Market Revenue and Forecast to 2027 (US$ Million)
Figure 33. Oil and Gas Market Revenue and Forecast to 2027 (US$ Million)
Figure 34. Transportation Market Revenue and Forecast to 2027 (US$ Million)
Figure 35. Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 36. APAC: Small Internal Combustion Engine Market - Revenue by Country to 2027 (US$ Million)
Figure 37. APAC: Small Internal Combustion Engine Market Revenue Share, by Key Country (2019 and 2027)
Figure 38. Australia: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 39. China: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 40. India: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 41. Japan: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 42. South Korea: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 43. Rest of APAC: Small Internal Combustion Engine Market - Revenue and Forecast to 2027 (US$ Million)
Figure 44. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Companies Mentioned

A selection of companies mentioned in this report includes:

Caterpillar Inc.
Cummins, Inc
INNIO
Kawasaki Heavy Industries, Ltd.
Liebherr
MITSUBISHI HEAVY INDUSTRIES, LTD
Rolls-Royce Holdings plc
Wärtsilä Corporation
YANMAR HOLDINGS CO., LTD.

What is the estimated value of the Asian Pacific Small Internal Combustion Engine (ICE) Market?

What is the growth rate of the Asian Pacific Small Internal Combustion Engine (ICE) Market?

What is the forecasted size of the Asian Pacific Small Internal Combustion Engine (ICE) Market?

Who are the key companies in the Asian Pacific Small Internal Combustion Engine (ICE) Market?

Table of Contents

Companies Mentioned

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