Outdoor Power Equipment Market Size, Share, Growth Analysis, By Type(Lawn Mowers, Trimmer, Blower, Chainsaw), By Power Source(Gasoline Engine, Battery Powered, Electric Motor/Corded), By Sales Channel(E-commerce, Direct Purchase), By Applications(Residential/DIY, Commercial), By Region - Industry Forecast 2024-2031

As of 2021, the North America outdoor power equipment market was valued at USD 12.98 billion, making it the largest region. Gasoline-powered machinery rules the market in North America. The use of electric-powered equipment is growing, though, as a result of stringent governmental regulations and a growing emphasis on low emission technologies. For instance, in November 2021, California's governor signed AB 1346, which gradually bans the sale of tiny off-road engines that run on gas. These engines are typically found in equipment meant to lessen the noise and pollution that fossil fuel-powered machinery produces. Additionally, market expansion in the region is fueled by key companies' investments in the industry to keep up with client demand and technological advancement.

On the other hand, Europe will see a gradual expansion of the market as various government organizations attempt to accelerate the implementation of new technology in machinery. For instance, the EGMF and EU legal framework have been working on new legalizations and regulations for mechanical equipment, which includes outdoor and garden equipment, from June 2021.

The increased investment in smart infrastructure, which fuels demand for the market in industrial applications like construction and landscaping, is expected to drive considerable development in the Asia Pacific region over the projected period.