Global Outdoor Power Equipment Market

Outdoor Power Equipment Market Size, Share, Growth Analysis, By Equipment Type (Lawn Mowers, Saws), By Power Source, By Functionality, By Application, By Region - Industry Forecast 2025-2032


Report ID: SQMIG20E2055 | Region: Global | Published Date: December, 2024
Pages: 265 | Tables: 120 | Figures: 77

Outdoor Power Equipment Market Insights

Outdoor Power Equipment Market size was valued at USD 49.26 Billion in 2023 and is poised to grow from USD 52.17 Billion in 2024 to USD 81.13 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

Outdoor power equipment is used by both residential and commercial customers for a variety of jobs, including as landscape care of lawns, gardens, and golf courses. The equipment is robust and efficient, which is why it is used more frequently. It is powered by an electric motor, a gasoline engine, or batteries. Growing urbanization has increased the requirement for smart cities and infrastructure, which has increased the need for this machinery for construction projects. Additionally, household customers utilize this equipment to maintain their real estate and engage in gardening tasks, which is what is driving the growth of the outdoor power equipment market.

Due to travel limitations and lockdown regulations, COVID-19 global influence has rocked the world and impacted numerous industry verticals. Despite the current pandemic, the outdoor power equipment market trends have shown a rise in demand, and this trend is expected to continue in 2019. Outdoor equipment sales have been bolstered by factors such as sales through E-commerce websites targeted at household or do-it-yourself (DIY) users. Additionally, a number of homeowners strengthened their ties with live landscaping and spent money maintaining their outdoor areas, which contributed to the market's healthy demand.

US Outdoor Power Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

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Outdoor Power Equipment Market size was valued at USD 49.26 Billion in 2023 and is poised to grow from USD 52.17 Billion in 2024 to USD 81.13 Billion by 2032, growing at a CAGR of 5.9% during the forecast period (2025-2032).

The competitive landscape is shaped by a variety of major competitors on the global market who supply scale goods for diverse applications. To stay competitive in the outdoor power equipment market share, the key players place a strong emphasis on innovation and the creation of new products using cutting-edge technologies to satisfy the varied needs and preferences of end customers. For instance, one of the top producers of battery-operated equipment, EGO, has made Lowe's Companies, Inc aware of its cooperation in order to make EGO items available online at Lowes.com and in all US shops. 'Husqvarna Group  ', 'The Toro Company  ', 'Deere & Company  ', 'Stanley Black & Decker, Inc.  ', 'Andreas Stihl AG & Co. KG  ', 'Techtronic Industries Co. Ltd.  ', 'Honda Motor Co., Ltd.  ', 'Yamabiko Corporation  ', 'Makita Corporation  ', 'Robert Bosch GmbH  ', 'Briggs & Stratton  ', 'Emak S.p.A.  ', 'Ariens  ', 'Alfred Karcher SE & Co. KG  ', 'Schiller Grounds Care, Inc.  ', 'Chervon (China) Trading Co., Ltd.  ', 'Jacobsen  ', 'Snow Joe, LLC  ', 'Ningbo Daye Garden Machinery Co., Ltd  ', 'Greenworks Tools  ', 'Champion Power Equipment'

Outdoor power equipment is often powered by gasoline engines, electric motors, and battery-powered motors and is used for lawn, garden, landscaping, golf course, or ground care purposes. Due to the development of remote working, fluctuating gas prices, and emphasis on environmental protection, battery-powered equipment is seeing some of the most dramatic demand across numerous locations. Market leaders are urging the delivery of more user- and environmentally-friendly products while offering clients the best possible option. With the creation of the new product, businesses are utilizing battery power, which enhances consumer comfort and worker productivity.

To attract more customers and satisfy the expanding demand, the introduction of new products with rising technology has always been a vital market driver for industry growth. In order to retain their competitive position in the outdoor power equipment market share, top players prioritize innovation and the creation of new products using cutting-edge technologies to satisfy the varied needs and preferences of end customers. For instance, in 2021, ECHO unveiled a backpack blower that was more potent than any ECHO or other manufacturer's recently released versions anywhere in the world. The PB-9010 is without a doubt the strongest backpack blower in the world and is focused on delivering excellence through power, weight, and increased production. End customers, such as professionals or consumers, also favor products with cutting-edge technology.

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.

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Global Outdoor Power Equipment Market

Report ID: SQMIG20E2055

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