Outdoor Power Equipment Market Worth USD 6.49 Bn by 2027 - Industry Trends and Share Analysis, Growth Drivers, Top Leaders and Projection
The outdoor power equipment generally includes, brush cutters, edger, chain saws, power rakes, and more. Outdoor power equipment is commonly used by end users, such as lawn & plant care providers and landscape service providers, for commercial purposes.The global outdoor power equipment market in 2021 was valued at US$32.22 billion. The market value is projected to reach US$46.49 billion by 2027. Outdoor power equipment (OPE) is an equipment with small motors or engines primarily used for exterior service.
Request a sample at https://www.orbisresearch.com/contacts/request-sample/6940232
The global outdoor power equipment market is relatively concentrated, with the top 5 players including TTI, Chevron, SWK, Bosch and Greenwork accounting for more than 60% share of total market.
The key players in the global outdoor power equipment market are:
Chervon Holdings Limited
Robert Bosch GmbH
Techtronics Industries Ltd.
Stanley Black & Decker, Inc.
Husqvarna Group
Makita Corporation
Honda Motor Co., Ltd.
Briggs & Stratton Corporation
The Toro Company
Deere & Company
Yamabiko Corporation
Ariens Company
Browse the complete study at https://www.orbisresearch.com/reports/index/global-outdoor-power-equipment-market-analysis-by-energy-source-gas-driven-cordless-parts-and-attachments-and-corded-by-type-lawn-mower-chainsaw-trimmer-and-edger-blowers-tillers-and-cultivators-snow-throwers-and-others-by-sales-channel-offline-and-online
In terms of market positioning, TTI, Chervon has significant market presence as the largest player in the global electric outdoor power equipment market, with the ambition to become the dominant players within the long-term. The market market is expected to keep consolidating, in light of enhancing user stickiness owing to the interchangeable battery platforms, along with accumulating brand image and understanding of end-user preferences.
The market value is expected to grow at a CAGR of 6.30% during the forecast period of 2022-2027, with gas-driven segment being the dominant energy source. Buyers increasingly prefer OPE as they are more environmentally-friendly, and deliver power and performance that can rival traditional products. Infact, the increase in the development of parks and small scale gardens in the residential building and in cities to curb the effect of pollution have led to increase in the demand for outdoor power equipment such as lawn mower, chainsaw, blower, etc.
Buy the report at https://www.orbisresearch.com/contact/purchase-single-user/6940232
Market Segmentation Analysis:
By Energy Source: The report provides the bifurcation of the market into four segments based on the energy source: gas-driven, cordless, parts & attachments and corded. In 2021, in terms of value, gas-driven segment held the major share in the market, followed by parts & attachments. The presence of renewable fuel gas resources, such as ethanol fuel and other bio fuels has driven the demand for the gas-driven outdoor power equipment. Besides, cordless OPE is expected to witness rising popularity among customers owing to its portability, convenience and falling battery prices.
By Type: The report provides the bifurcation of the market into into seven segments based on the type: lawn mower, chainsaw, trimmer & edger, blowers, tillers & cultivators, snow throwers and other outdoor power equipment. In 2021, lawn mower held the major share in the market, followed by trimmer and edger. The increase in the development of parks and small scale gardens in the residential building and in cities to curb the effect of pollution have led to increase in demand for lawnmowers to make the parks and gardens look pleasant. The increase in services in sports lawns and rising number of golf courses across the world is expected to contribute to the growth of trimmers and edgers.
By Sales Channel: The report provides the bifurcation of the market into into two segments based on the sales channel: offline and online. In 2021, offline channel hold a dominant position in the outdoor power equipment market due to increasing reliance on retail outlets. The outdoor power equipment's sales through direct purchase are declining as manufacturers of lawn and garden products are increasingly finding success on e-commerce platforms. Thus, the online segment is expected to register the highest CAGR over forecasted years.
#OutdoorPowerEquipmentMarket #LawnMower #Chainsaw #Blowers #SnowThrowers
Contact Us:
Hector Costello
Senior Manager - Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: USA: +1 (972)-591-8191 | IND: +91 895 659 5155
Email ID: sales@orbisresearch.com
About Us
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have a vast database of reports from leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Outdoor Power Equipment Market Worth USD 6.49 Bn by 2027 - Industry Trends and Share Analysis, Growth Drivers, Top Leaders and Projection here
News-ID: 2903342 • Views: …
More Releases from Orbis Research
Blood Purification Devices Market 2023-2028 | Top Players Baxter International, …
Based on the type segment, the portable equipment segment is expected to hold the largest share in Blood Purification Devices in the year 2028. Professionals that are actively involved in the ongoing purification of blood tend to favour portable equipment. Equipment that is portable enables effective emergency care. Additionally, portable equipment is rather space-efficient and compact, which promotes widespread use throughout the blood-purification process. In a manner similar to how…
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Mineral …
Clean beauty is described as beauty and personal care products that are made with the safest possible ingredients and have the lowest possible environmental impacts. Clean beauty pertains to products that are safe, non-toxic, and clearly labelled ingredients Also, the ingredients used are cruelty-free and are screened for non-GMO feedstock and residual pesticides.
Request a pdf brochure @ https://www.orbisresearch.com/contacts/request-sample/6941781
The Clean Beauty Market is valued at USD 5163.17 Million in 2021 and…
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth …
The latest research on "Global Merchant API Market: Analysis By Molecular Type, By Segment, By Type, By Type of Synthesis, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027" have been added to OrbisResearch.com store.
The merchant API market refers to the use of APIs by merchants, or businesses that sell goods and services, to connect their systems and processes with those of other…
An In-Depth Look at Smart Beacons Market Global Analysis
The market for smart beacons is expected to grow at a significant rate in the coming years. This growth is driven by factors such as increasing adoption of location-based services, growing demand for indoor location tracking, and the increasing use of beacons in retail and other industries. Additionally, advancements in technology, such as the increasing use of Bluetooth 5.0, are also expected to drive the growth of the smart beacon…
More Releases for Outdoor
Outdoor TV Market: Rise in Number of Outdoor Concerts, Events Fuels Demand for O …
Outdoor TV Market: Introduction
Transparency Market Research delivers key insights on the global outdoor TV market. In terms of revenue, the global outdoor TV market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global outdoor TV market.
Companies are heavily investing in R&D to launch an exclusive collection of outdoor…
Rugged Outdoor Touch Screen Monitors for Outdoor Systems
(Arlington Hts., IL) TRU-Vu Monitors, a leading provider of industrial-grade monitors and touch screens, recently introduced a rugged outdoor panel-mount touch screen. It is ideal for use in outdoor kiosks, truck scale terminals, automated truck ticketing, load-out systems, check-in stations, and more.
Video monitors and touch screens are one of the most critical elements in any of these unattended systems. The user must be able to view data, routing instructions, ticket…
Outdoor Retail Brands Market Impressive Gains including key players: Equip Outdo …
Global Outdoor Retail Brands Market Research Report 2019-2025
The Global Outdoor Retail Brands Market report, a new addition in the catalog consist of a wide-ranging outlines of the current condition of the market and presents it development and other central factors across the provincial markets. It provides with massive amount of information to its readers that has been collected with the help of numerous primes and subordinate research procedures. The information…
Outdoor Advertising Market - JCDecaux Group, Clear Channel Outdoor, Lamar Advert …
Global Outdoor Advertising Market Size, Status and Forecast 2022 provides Market information about top Key Players, Countries, Type and Application. This Industry report also states Company Profile, sales, Outdoor Advertising Market revenue and price, market share, market growth and gross margin by regions.
Top Key Players:
JCDecaux Group
Clear Channel Outdoor
Lamar Advertising
CBS Corporation
Ströer Media AG
Adams Outdoor Advertising
AdSpace Networks
AirMedia
APN Outdoor
Enquiry for buying report @ https://goo.gl/P4zZiV
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Market…
Global Outdoor Grill Market 2017:2022- Onward Manufacturing, Bull Outdoor, Ameri …
The main objective of the report titled Global Outdoor Grill Market is to give a complete idea of the Outdoor Grill market for the duration of 2017-2022. The Outdoor Grill report focuses on market overview, market growth factors, market segmentation, regional analysis and competitive players involved in Outdoor Grill market.
Global Outdoor Grill market report provides qualitative and quantitative knowledge about Outdoor Grill industry. The Outdoor Grill report also provides various…
Outdoor Media Centre launches the Outdoor Hall of Fame
The Outdoor Hall of Fame has been launched today by the Outdoor Media Centre in association with Campaign magazine to find the best outdoor ads of the past five decades.
Launched to celebrate creativity in the outdoor industry, three hundred iconic ads have been shortlisted by a selected industry panel including Daren Rubins, chief executive at PHD and ISBA director of media and advertising Bob Wootton. The industry can see the…