Press release
Outdoor Power Equipment Market To Witness Surge in Demand Owing To Rising (use Adoption) : Fact.MR
The global outdoor power equipment market is estimated at USD 44.8 Billion in 2022 and is forecast to surpass USD 63.3 Billion by 2032, growing at a CAGR of 3.9% from 2022 to 2032.The market is being driven by rising usage of battery-powered outdoor power equipment for lawn maintenance and gardening activities. Rising demand for landscaping services, and rising interest among homeowners in gardening activities is likely to boost the sales of outdoor power equipment during the forecasted year.
The global outdoor power equipment market has shown a growth rate of 2.7% CAGR in the last-half decade and reached USD 43.2 Billion in 2021. The market has generated an absolute dollar opportunity of around USD 5.3 Billion in the same time frame.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=S&rep_id=1414
๐๐น๐ผ๐ฏ๐ฎ๐น ๐ข๐๐๐ฑ๐ผ๐ผ๐ฟ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐ฐ๐ผ๐ฝ๐ฒ
๐๐ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ :-
Outdoor Power Equipment for Lawn Care
Outdoor Power Equipment for Trimmer
Outdoor Power Equipment for Tree Care
Outdoor Power Equipment for Leaf blower
Outdoor Power Equipment for Snow Blower
Outdoor Power Equipment for Maintenance
Outdoor Power Equipment for HLE (Heavy Landscaping Equipment)
๐๐ ๐๐ฎ๐ฝ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ :-
Self-Propelled Mower
Riding Lawn Mower
Automatic Lawn Mower
Push Lawn Mower
Others
๐๐ ๐๐๐ฒ๐น ๐ง๐๐ฝ๐ฒ :-
Diesel based Outdoor Power Equipment
Electric Outdoor Power Equipment
Battery Outdoor Power Equipment
๐๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐ฅ๐ฎ๐ป๐ด๐ฒ ($) :-
0-100 dollar Outdoor Power Equipment
100-400 dollar Outdoor Power Equipment
400 & Above
๐๐ ๐ฆ๐ฎ๐น๐ฒ๐ ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น :-
Outdoor Power Equipment sales through Retail
Outdoor Power Equipment sales through Distributor
Outdoor Power Equipment sales through Online
๐๐ ๐๐ป๐ฑ-๐จ๐๐ฒ :-
Outdoor Power Equipment for Residential use
Outdoor Power Equipment for Commercial use
Outdoor Power Equipment for Public Places
๐๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป :-
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa (MEA)
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=1414
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐:
Market players are investing in R&D to increase their product line and geographic reach. Key players are keen to collaborate with new entrants to gain a competitive edge.
The seven to ten companies have about one-fourth of the total market share and are projected to expand operations in fast-evolving regions such as India, China etc. to lower the production costs and other costs.
Fact.MR has provided detailed information about price points of top manufacturers of outdoor power equipment market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
On 8th June 2021, Honda Motors Co. Ltd. has launched Honda eGX, an electrified power unit. The Honda eGX is the world's first battery-powered motor, engineered to be integrated into OEM power equipments for both indoor and outdoor use.
On 14th December 2021, Deere & Company have entered into an agreement to acquire majority of the shares of Kreisel Electric, Inc., a battery technology developer based in Austria.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐ก๐ผ๐ - https://www.factmr.com/checkout/1414
๐๐ผ๐ ๐ ๐๐ฐ๐ต ๐ฆ๐ต๐ฎ๐ฟ๐ฒ ๐ฑ๐ผ๐ฒ๐ ๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐ ๐ต๐ฎ๐ ๐ถ๐ป ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ข๐๐๐ฑ๐ผ๐ผ๐ฟ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
North America outdoor power equipment market is the largest revenue generator, followed by Europe and the Asia Pacific. North America outdoor power equipment market accounted for more than two-fifths of the global outdoor power equipment market in 2021.
In the United States alone, there are over 50 firms and acquiring more than one-third market shares in the region. As a result, the competition is fierce. With rising competition and increased product innovation and differences among producers, rivalry among rivals is intensifying.
๐ช๐ต๐ฎ๐ ๐ฎ๐ฟ๐ฒ ๐๐ต๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ฃ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฐ๐๐ ๐ผ๐ณ ๐๐ฎ๐ฝ๐ฎ๐ป & ๐๐ต๐ถ๐ป๐ฎ ๐ข๐๐๐ฑ๐ผ๐ผ๐ฟ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
During the forecast period, the outdoor power equipment market in East Asia is predicted to develop at the fastest rate. Increased investment in the infrastructure and residential industries is predicted to enhance the construction industry, which will promote the usage of outdoor power equipment in the region.
However, Honda, Kawasaki, Fuji Heavy Industries, Yamabiko, and Yamaha are just a few of the outdoor power equipment and small gas engine manufacturers based in Japan.
China is making significant investments in infrastructure development and urban planning. The construction industry's investment is the market's primary growth engine.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐- https://www.globenewswire.com/en/news-release/2022/10/17/2535838/0/en/Emerging-Corporate-Organizations-to-Boost-Demand-for-Human-Resources-Consulting-Services-Says-Fact-MR.html
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