Press release
Outdoor Power Equipment Market by Types, Power, Market Status, Key Players, Sales Drivers, Future Scope and Forecast Overview till 2029
Based on previous market performance, the Outdoor Power Equipment market is expected to reach USD 26.52 Billion in size by 2029. With a 2.9% CAGR.Outdoor Power Equipment Market Overview:
Aerators, augers, blowers, brush clearers, brush cutters, chain saws, dethatchers, edgers, hedge trimmers, lawn mowers, pole saws, power rakes, snowblowers, and tillers are all examples of outdoor power equipment. The growing use of battery-powered outdoor power equipment for lawn maintenance and gardening activities is driving the market. During the anticipated year, sales of outdoor power equipment are expected to increase due to increased demand for landscaping services and increased interest among homeowners in gardening activities.
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The industry's growth is likely to be accelerated by the growing demand for advanced technologies and automated outdoor products. Lawnmowers, outboard motors, motorbikes, chainsaws, rotary tillers, tiny diesel engines, all-terrain vehicles, portable electric generators, and small garden tractors are among the outdoor electric instruments that benefit from advanced technologies.
Based on our expert's analysis the players that are leading the market includes: Briggs & Stratton, Deere & Company, HONDA, Husqvarna, Makita, Robert Bosch, Stanley Black & Decker, STIHL Group, Techtronic Industries. and Others.
The whole market is segmented as follows:
Outdoor Power Equipment Market By Type, 2020-2029, (IN USD Billion)(Units)
Lawn Mowers
Saws
Trimmers And Edgers
Blowers
Snow Throwers
Tillers And Cultivators
Outdoor Power Equipment Market By Application, 2020-2029, (IN USD Billion)(Units)
Residential/DIY
Commercial
Outdoor Power Equipment Market By Power Source, 2020-2029, (IN USD Billion)(Units)
Fuel Powder
Electric Powder
By Functionality
Connected/Smart
Conventional
Industry Developments:
November 2021 - Husqvarna Group and Briggs & Stratton, LLC have reached an agreement addressing the supply chain of engines for ride-on mowers, allowing Husqvarna Group to avoid the potential financial impact of a lack of engine supply.
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Outdoor Power Equipment Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Outdoor Power Equipment Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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