Press release
Lithium-ion Battery Outdoor Power Equipment (OPE) Market Green Power for Outdoor Tasks 2023 to 2030
At a CAGR of 5.3% during the forecast period, it is expected that the size of the worldwide Lithium-ion Battery Outdoor Power Equipment (OPE) Market would increase from USD 31.80 billion in 2023 to USD 48.08 billion in 2030. The term "Lithium-ion Battery Outdoor Power Equipment (OPE) market" refers to the area of the outdoor power equipment market where various tools and machinery used for gardening, landscaping, and other outdoor activities are powered primarily by lithium-ion batteries. The market is expanding as a result of the rising need for OPE that is compact, effective, and powerful. Compared to conventional lead-acid batteries, lithium-ion batteries provide a number of benefits, including longer battery life, quicker charging times, and greater energy density. Lithium-ion battery adoption in OPE is being driven by this.The demand for greener, more sustainable outdoor power solutions gave rise to the Lithium-ion Battery OPE market. The early 2000s saw a huge uptick in its popularity as lithium-ion battery technology became more practical and accessible. Since then, the industry has experienced exponential expansion as a result of a continual stream of new companies entering the market as well as established market leaders introducing cutting-edge goods to fulfill the rising demand for equipment powered by lithium-ion batteries.
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The Key companies profiled in the Lithium-ion Battery Outdoor Power Equipment (OPE) Market:
The study examines the Lithium-ion Battery Outdoor Power Equipment (OPE) Market's competitive landscape and includes data on Techtronic Industries., Chervon, Stanley Black & Decker, Bosch, Greenworks Cramer, Positec, Husqvarna, STIHL, John Deere, TORO, Honda, Makita, Craftsman, EMAK, Blount, MAT, McLane & Others.
Global Lithium-ion Battery Outdoor Power Equipment (OPE) Market Split by Product Type and Applications
This report segments the Lithium-ion Battery Outdoor Power Equipment (OPE) Market on the basis of Types:
Lawn Mower
Chainsaws
Trimmers
Leaf Blowers
Others
On the basis of Application, the Lithium-ion Battery Outdoor Power Equipment (OPE) Market is segmented into:
Household
Commercial
To meet a variety of customer requirements, major manufacturers have produced a greater selection of lithium-ion battery-powered equipment, including sophisticated lawnmowers, high-performance chainsaws, and precise trimmers. Custom battery solutions have been created in collaboration with OPE manufacturers by battery technology firms, improving performance and extending battery life. The creation of intelligent lithium-ion OPE that can be controlled and monitored through mobile applications has been made possible by the integration of IoT technology, improving user experience and productivity. To address concerns about downtime during prolonged charging cycles, several businesses are looking into battery-swapping services that would enable consumers to swap out empty batteries for fully charged ones. To increase the overall sustainability of lithium-ion battery OPE, manufacturers are increasingly focused on integrating recycled components into their products and streamlining battery recycling procedures.
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The market is growing, but not everywhere. Due to their healthy economies, strict environmental legislation, and a strong emphasis on sustainable practices, North America, Europe, and Asia-Pacific have been at the forefront of adopting the Lithium-ion Battery Outdoor Power Equipment (OPE) Market. The highest market share is held by North America, thanks to consumer awareness and enabling policies. Europe follows suit, with various nations encouraging the use of technology powered by batteries. Due to escalating urbanization, rising disposable incomes, and rising demand for environmentally friendly goods, the Asia-Pacific area is expanding quickly.
Cumulative Impact of COVID-19 on Market:
A few countries' economies and territories have suffered as a result of the COVID-19 episode's lockdowns, travel economic sanctions, and friend dismissals. Due to the pandemic, the global market is one of the primary organizations experiencing significant disruptions such as production network disruptions, innovation event abrogations, and work climate terminations. With its presence and substantial unprocessed material suppliers, China is a global contemporary major economic power.
Reasons Why You Should Buy This Report:
1.To gain an in-depth understanding of Market
2.To obtain research-based business decisions and add weight to presentations and marketing strategies
3.To gain competitive knowledge of leading market players
4.It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
5.It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.
Major Points from Table of Contents:
1 Lithium-ion Battery Outdoor Power Equipment (OPE) Market Overview
2 Company Profiles
3 Lithium-ion Battery Outdoor Power Equipment (OPE) Market Competition, by Players
4 Lithium-ion Battery Outdoor Power Equipment (OPE) Market Size Segment by Type
5 Lithium-ion Battery Outdoor Power Equipment (OPE) Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix...
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Infinity research reports, custom research reports, and consulting services are all offered by the market research and consulting firm Infinity Research. Our products are solely focused on your need to identify, track, and assess changes in consumer behavior across demographics and industries so that customers may make wiser business decisions. Our market intelligence studies cover a variety of industries, including Healthcare, Touch Points, Chemicals, Types, and Energy, and guarantee accurate and factual research. To guarantee that our clients are aware of the most recent market trends, we regularly update our research services. The professional analysts at Infinity Research come from a wide range of specialties. Our clients can gain an advantage thanks to our expertise in the field and capacity to come up with a workable solution to any research issues.
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