Press release
Outdoor Power Equipment Market Size To Grow At Highest CAGR From 2019 To 2023 - Leading Company Analysis Husqvarna, Deere & Company, Honda Motor, Blount International, The Toro, STIHL Holding AG, Stanley Black & Decker
Outdoor Power Equipment Market
Major players in the outdoor power equipment market include
Husqvarna (Sweden), Deere & Company (U.S.), Honda Motor Co., Ltd. (Japan), Blount International, Inc. (U.S.), The Toro Company (U.S.), STIHL Holding AG & Co. KG (Germany), Stanley Black & Decker Inc. (U.S.), Makita Corporation (Japan), MTD Products (U.S.), Emak S.p.A. (Italy), and Techtronic Industries Co. Ltd. (TTI) (Hong Kong).
The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail. Mergers and acquisitions and new product launches are two of the biggest strategies employed by players to sustain their position in the outdoor power equipment market.
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Market Synopsis
The global outdoor power equipment market is projected to exhibit a 5.22% CAGR from 2018 to 2025 (forecast period) owing to technological advances. It can register a substantial valuation by 2025 thanks to the resurgence of the real estate sector and the revival of the construction industry. Furthermore, the preference of battery-powered tools and robotic hand tools over traditional equipment is expected to open up growth avenues for the market.
Increasing use of power tools for do-it-yourself (DIY) projects coupled with growing household activities is likely to augment market growth during the forecast period. The explosive growth in the ecommerce industry and changing buying patterns of customers will lead to changes in sales tactics among manufacturers. Fluctuation of raw material prices and the preference of artificial grass can restrain the market growth.
Report Overview
The report provides an accurate overview of the market by correlating the historical data with key market dynamics. Our analysts make highly astute projections regarding the scope of the market and its future prospects. MRFR’s report includes a thorough analysis of the global outdoor power equipment market segmented according to product, power source, application, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.
Segment Overview
By product, the global outdoor power equipment market is segmented into cordless and rope power tools. By power source, the market is segmented into electric, battery, and others. Major market applications comprise household and commercial.
The segments covered in the outdoor power equipment market report are analyzed with respect to four main regions – North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW), with respective country-level market sizing. The report discusses in detail the various players residing in these regions and their respective strategies to climb up the market ladder.
Research Methodology
At MRFR, our research analysts conduct a thorough objective analysis of the market while creating market reports by adhering to a rigorous set of standards which allow a truly comprehensive view of the market. Use of primary research strategies such as interviews with top executives of power equipment manufacturers and others in the supply chain. Secondary research entails a thorough analysis of past and present trends in a forward-looking manner. Additionally, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the value and supply chain. The balanced number of buyers and suppliers will result in a negligible demand-supply gap. Credible resources are accessed and verified by analysts to understand the nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future.
Analysis Period
Base Year - 2017
Projection Period - From 2018 to 2025
Market Denomination - USD Million
Conversion Rate - Considered as per the respective financial years
Product
Cordless Tools
Rope Power Tools
Power Source
Electric
Battery
Others
Application
Household
Commercial
Region
North America
The U.S.
Canada
Mexico
Europe
Germany
France
The U.K.
Turkey
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Japan
China
India
Australia
South Korea
Southeast Asia
Rest of Asia Pacific
Rest-of-the-World
South America
The Middle East & Africa
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Table of Content
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Global Outdoor Power Equipment Market
5 Market Factor Analysis
6 Global Outdoor Power Equipment Market, By Product
7 Global Outdoor Power Equipment Market, By Power Source
8 Global Outdoor Power Equipment Market, By Application
9 Global Outdoor Power Equipment Market, By Region
10 Competitive Landscape
11 Company Profile
12 Marketing Strategy Analysis
13 Appendix
14 List of Tables
15 List of Figures
…….Continued
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.
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Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
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