North America Small Internal Combustion Engine (ICE) Market Growth Drivers and Forecast by 2027

Historic Data: 2018-2019   |   Base Year: 2020   |   Forecast Period: 2021-2027

North America Small Internal Combustion Engine (ICE) Market Forecast to 2027 – COVID-19 Impact and Analysis - by Fuel Type (Gasoline, Diesel, and Gas), Cylinders (1, 2, 3, and 4), Power Output (1-5 kW, 6-10 kW, and 11-20 kW), and End-Use Industry (Power Generation, Manufacturing, Oil and Gas, Transportation, and Others)

  • Report Date : Jun 2021
  • Report Code : TIPRE00022761
  • Category : Energy and Power
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 107
Page Updated: Jun 2021

The small ice market in North America is expected to grow from US$ 822.68 million in 2020 to US$ 1175.51 million by 2027; it is estimated to grow at a CAGR of 5.2% from 2020 to 2027.



The US, Canada, and Mexico are major economies in North America. Stringent Emission Norms Creating Demand for Efficient Fuel Engines 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. Small internal combustion engines consume less fuel to generate sufficient power. They are known for providing high efficiency, which is augmenting the market growth. The emission monitoring and regulatory bodies, such as California Air Resources Board, EPA (The U.S. Environmental Protection Agency), and European Commission, are imposing stringent regulations on the use of internal combustion engine. To meet the regulatory standards—including EU stage V regulation and EPA Emission Standards Regulations—engine manufacturers are downsizing the engine capacity, which is propelling the market growth is also bolstering the growth of the industry. Thus, the growth in the sector is expected to create a significant demand for small ice in the coming years, which is further anticipated to drive the North America Small Internal Combustion Engine (ICE) market in North America.

In the North American region, a slight decline in the demand for small ICE was witnessed owing to a halt in the construction, manufacturing, transportation and oil & gas industry. In Canada, construction and manufacturing projects deemed nonessential were shut down, and the essential projects are subject to public health guidelines. However, positive demand from power distribution as well as energy & infrastructures, particularly in on-shore wind, were noticed. Additionally, demand was accelerated due to the expiration of tax incentives and credits offered by the US government for renewable energy projects. In December 2020, the government passed the COVID-19 relief bill, extending tax incentives timeline for industries, including renewable energy. The renewable energy industry in the US, including wind and solar power, has witnessed growth during the COVID-19 epidemic so far. Furthermore, the US government support for an infrastructure package worth US$ 2 trillion will moderate the impact on demand for small ICE used in infrastructure projects  
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North America Small ICE Market Segmentation

Small ICE Market – By Fuel Type

  • Gasoline
  • Diesel
  • Gas

Small ICE Market – By Gas Type

  • CNG
  • LPG
  • LNG


Small ICE Market – By Cylinder

  • 1
  • 2
  • 3
  • 4

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

  • United States
  • Canada
  • Mexico


Small ICE Market -Companies Mentioned

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

North America Small Internal Combustion Engine (ICE) Report Scope

Report Attribute Details
Market size in 2020 US$ 822.68 Million
Market Size by 2027 US$ 1175.51 Million
Global CAGR (2020 - 2027) 5.2%
Historical Data 2018-2019
Forecast period 2021-2027
Segments Covered By Fuel Type
  • Gasoline
  • Diesel
  • Gas
By Cylinders
  • 1
  • 2
  • 3
  • 4
By Power Output
  • 1-5 kW
  • 6-10 kW
  • 11-20 kW
By End-Use Industry
  • Power Generation
  • Manufacturing
  • Oil and Gas
  • Transportation
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Caterpillar Inc.
  • Cummins, Inc
  • Fairbanks Morse
  • INNIO
  • Kawasaki Heavy Industries, Ltd.
  • Liebherr
  • MITSUBISHI HEAVY INDUSTRIES, LTD
  • Rolls-Royce Holdings plc
  • W
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    Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

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    1. Caterpillar Inc.
    2. Cummins, Inc
    3. Fairbanks Morse
    4. INNIO
    5. Kawasaki Heavy Industries, Ltd.
    6. Liebherr
    7. MITSUBISHI HEAVY INDUSTRIES, LTD
    8. Rolls-Royce Holdings plc
    9. Wärtsilä Corporation
    10. YANMAR HOLDINGS CO., LTD.
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