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Outdoor Power Equipment Market by Type, (Lawn Mower, Chainsaw, Trimmer & Edger, Blowers, Tillers & Cultivators, Snow Throwers, Others), by Power, (Electric, Fuel Based), by End User, (Residential, Commercial/Industrial), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, ANZ, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by MEA (UAE, Saudi Arabia, South Africa, Rest of MEA) Forecast 2025-2033
The size of the Outdoor Power Equipment Market was valued at USD 34 Billion in 2023 and is projected to reach USD 49.46 Billion by 2032, with an expected CAGR of 5.5% during the forecast period. The outdoor power equipment market consists of products like tools and machinery intended for landscaping, gardening, and construction. The common examples of such products that both homeowners and professionals use widely include lawnmowers, chainsaws, and leaf blowers. An urbanization increase together with a trend in home gardening has caused surges in demand for this kind of equipment. Technological development has made it very much easy to use batteries and cordless equipment due to their efficiency. Further, eco-friendly solutions, like electric and solar-powered equipment, are gaining prominence due to growing environmental concerns. Challenges in this segment relate to high up-front costs and heavy maintenance requirements that may deter cost-sensitive consumers. Major players like Husqvarna, Deere & Company, and STIHL hold the largest market share with their durable and high-performance products. In terms of distribution channels, a large number of retail stores and online platforms exist to ensure availability. Automation innovation, such as robotic lawnmowers, and further adoption of smart technologies will make outdoor power equipment even more user-friendly and be a source of future growth.
Innovation is a key driver, with companies investing in electric and autonomous technologies. Regulations promoting environmental sustainability impact the market. Product substitutes, such as manual tools, exist, but technological advancements differentiate outdoor power equipment. End-user concentration is high in the commercial/industrial sector, while M&A activity is steady.
The report provides comprehensive coverage of:
Market Size and Share: The global outdoor power equipment market stood at $34 billion in 2022 and is projected to grow to $56 billion by 2030. Growth Factors: Rising disposable income, increasing urban population, and expanding commercial applications drive market expansion. Competition: Key players include Honda Motors Co. Ltd, Husqvarna AB, Makita Corp, Robert Bosch, Techtronic Industries Ltd., and Yamabiko Corporation.
North America:
Europe:
Asia Pacific:
Techtronic Industries Co. Ltd.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.5% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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