Press release
Outdoor Power Equipment Global Market Dominance by 2025: Market Size, Driving Forces, Key Players, and Trends
"Implications and Future Insights into the Growth of Outdoor Power Equipment Market
What Is The Projected Market Size Of The Outdoor Power Equipment Global Market Report 2025 And Its Growth Rate?
• The outdoor power equipment market size was $28.38 billion in 2024, expected to rise to $28.76 billion in 2025 at a compound annual growth rate (CAGR) of 1.3%. The factors contributing to this growth include urbanization, landscaping, and gardening, commercial landscaping services, farming and agriculture, sports field maintenance.
• The market is projected to reach $33.83 billion in 2029 at a CAGR of 4.1% owing to diverse work environments, government initiatives, extreme weather preparedness, rental and leasing, seasonal demand.
What Is Driving The Growth In The Outdoor Power Equipment Global Market Report 2025?
The boom in the construction industry significantly drives the growth of the outdoor power equipment market going forward. Construction, involving activities like building, altering, repairing, remodeling, improving, or demolishing structures, relies heavily on outdoor power equipment for soil clearance and grounds maintenance before commencement of work. For instance, according to the FMI Corporation, a US-based management consulting company, the investment in engineering and construction is expected to rise by 5% in 2022 compared to 2021. This expansion in the construction industry stimulates the growth of the outdoor power equipment market.
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Who Are the Key Players Driving Outdoor Power Equipment Global Market Report 2025 Growth?
• Briggs & Stratton Corporation
• Deere & Company
• Honda Motor Co. Ltd.
• The Husqvarna Group.
• Makita Corporation.
• Yamabiko Corporation
• STIHL AG & Co. KG
• Techtronic Industries Company Ltd.
• The Toro Company
• Andreas Stihl AG & Co.KG
• AriensCo
• Oregon Tool Inc.
• Snow Joe LLC.
• Craftsman
• Positec Tool Corporation.
• AL-Ko Kober Group
• Excel Industries Inc.
• Chevron Trading Co Ltd.
• MTD Holdings Inc.
• Stanley Black and Decker Inc.
• Robert Bosch GmbH
• Greenworks Tools
• EGO Power Plus
• Ryobi Limited
• Snapper Inc.
• Troy-Bilt LLC.
• Remington Arms Company LLC.
• Swisher Acquisition Inc.
What Are The Key Trends In The Outdoor Power Equipment Global Market Report 2025?
• Technological advancements
• Sustainable landscaping
• Battery-powered equipment
• Electric lawnmowers
• Smart and connected equipment
What Are The Segments Of The Global Outdoor Power Equipment Global Market Report 2025?
1) By Equipment Type: Trimmers and Edgers, Lawn Mowers, Blowers, Tillers nd Cultivators, Snow Throwers, Other Equipment Types
2) By Power Source: Fuel Powered, Electric Powered
3) By Application: Residential, Commercial
Which Region Leads The Outdoor Power Equipment Global Market Report 2025?
North America was the largest region in the outdoor power equipment market in 2024, followed by Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Outdoor Power Equipment Global Market Report 2025 Global Market Report?
Market Size Analysis: Analyze the Outdoor Power Equipment Global Market Report 2025 size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Outdoor Power Equipment Global Market Report 2025 for effective categorization.
Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Outdoor Power Equipment Global Market Report 2025 growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Outdoor Power Equipment Global Market Report 2025.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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