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Outdoor Power Equipment Market To Witness Surge in Demand Owing To Rising (use Adoption) : Fact.MR

11-08-2022 11:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact Mr

Outdoor Power Equipment Market To Witness Surge in Demand Owing

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.factmr.com/connectus/sample?flag=S&rep_id=1414

๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—ฑ๐—ผ๐—ผ๐—ฟ ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—˜๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฆ๐—ฐ๐—ผ๐—ฝ๐—ฒ
๐—•๐˜† ๐—˜๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ :-
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)
๐—•๐˜† ๐—–๐—ฎ๐—ฝ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐˜† :-
Self-Propelled Mower
Riding Lawn Mower
Automatic Lawn Mower
Push Lawn Mower
Others
๐—•๐˜† ๐—™๐˜‚๐—ฒ๐—น ๐—ง๐˜†๐—ฝ๐—ฒ :-
Diesel based Outdoor Power Equipment
Electric Outdoor Power Equipment
Battery Outdoor Power Equipment
๐—•๐˜† ๐—ฃ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ฅ๐—ฎ๐—ป๐—ด๐—ฒ ($) :-
0-100 dollar Outdoor Power Equipment
100-400 dollar Outdoor Power Equipment
400 & Above
๐—•๐˜† ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น :-
Outdoor Power Equipment sales through Retail
Outdoor Power Equipment sales through Distributor
Outdoor Power Equipment sales through Online
๐—•๐˜† ๐—˜๐—ป๐—ฑ-๐—จ๐˜€๐—ฒ :-
Outdoor Power Equipment for Residential use
Outdoor Power Equipment for Commercial use
Outdoor Power Equipment for Public Places
๐—•๐˜† ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป :-
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa (MEA)

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=1414

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—”๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€:

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.

๐—™๐—ผ๐—ฟ ๐—ถ๐—ป-๐—ฑ๐—ฒ๐—ฝ๐˜๐—ต ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—ก๐—ผ๐˜„ - https://www.factmr.com/checkout/1414

๐—›๐—ผ๐˜„ ๐— ๐˜‚๐—ฐ๐—ต ๐—ฆ๐—ต๐—ฎ๐—ฟ๐—ฒ ๐—ฑ๐—ผ๐—ฒ๐˜€ ๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€ ๐—ต๐—ฎ๐˜€ ๐—ถ๐—ป ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—ฑ๐—ผ๐—ผ๐—ฟ ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—˜๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜?

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.

๐—ช๐—ต๐—ฎ๐˜ ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฃ๐—ฟ๐—ผ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐˜€ ๐—ผ๐—ณ ๐—๐—ฎ๐—ฝ๐—ฎ๐—ป & ๐—–๐—ต๐—ถ๐—ป๐—ฎ ๐—ข๐˜‚๐˜๐—ฑ๐—ผ๐—ผ๐—ฟ ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ ๐—˜๐—พ๐˜‚๐—ถ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜?

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.

๐—™๐—ผ๐—ฟ ๐— ๐—ผ๐—ฟ๐—ฒ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜- 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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