Press release
Outdoor Power Equipment Market Set to Reach USD 48.2 Billion by 2030 Growing at 5.48% CAGR | Arizton
Outdoor Power Equipment Market Research by Arizton
According to Arizton research, the global outdoor power equipment market [https://www.arizton.com/market-reports/outdoor-power-equipment-market] size was valued at USD 35.00 billion in 2024 and is expected to reach USD 48.20 billion by 2030, growing at a CAGR of 5.48% during the forecast period.
Explore the Full Market Insights: [https://www.arizton.com/market-reports/outdoor-power-equipment-market]
Report Summary:
Market Size (2030): USD 48.20 Billion
Market Size (2024): USD 35.00 Billion
CAGR (2024-2030): 5.48%
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Equipment Type, Category, Power Source, End-User, Distribution Channel, and Geography
Geographic Analysis: North America, Europe, Apac, Latin America, and Middle East & Africa
Outdoor Power Equipment Moves Beyond Homes: AI and IoT Power the Next Growth in Outdoor Power Equipment Industry
The power equipment market is gaining momentum as advancements in technology and innovative product launches cater to growing customer demand. Recent technological advancement is changing the outdoor power equipment industry by enhancing performance, safety, efficiency, and the overall user experience. Manufacturers are leveraging Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) to build smart, connected, and autonomous equipment. Many robotic lawn mowers now integrate with voice assistants such as Amazon Alexa and Google Home, delivering smarter automation and greater convenience.
A strong example is the RM21, launched in 2024 by Robot Mowers, a dealer for FJ Dynamic. With a five-hour run time and capacity to maintain up to 90,000 square feet, the RM21 targets applications across turf farms, golf courses, parks, solar farms, and large residential properties. Such advancements accelerate adoption, create strong differentiation opportunities, and help vendors strengthen their market presence.
Outdoor Power Equipment Market: Key News & Product Innovations
* 2025 - Greenworks Commercial: Launched the OPTIMUS series, a fully electric line of commercial-grade outdoor equipment, including zero-turn mowers and utility vehicles. The series features advanced battery systems and smart fleet management technology to support zero-emission landscaping.
* 2024 - ECHO Incorporated: Introduced nine new products during its annual Power-On-Athon 2024 media event, expanding its outdoor equipment portfolio.
* 2023 - Toro & Lowe's Collaboration: The Toro Company partnered with Lowe's Companies, Inc., enabling Lowe's to stock Toro zero-turn riding mowers, walk mowers, portable power equipment, and snow blowers, strengthening retail presence.
Battery Innovation Sparks a Cordless Revolution in Outdoor Power Equipment
The adoption of lithium-ion batteries is transforming the outdoor power equipment market, driving a shift toward cordless, high-performance, and sustainable solutions. Stanley exemplified this trend in 2024 with the launch of its 20V lithium-ion V20 battery pack, compatible across the entire V20 range of tools and outdoor products. In a similar move, EVE Energy partnered with the Malaysian Investment Development Authority (MIDA) in 2023 to establish a new facility in Kedah, Malaysia, dedicated to producing cylindrical lithium-ion batteries for power tools across Southeast Asia. These innovations and strategic investments are creating strong growth opportunities for manufacturers, helping them meet evolving customer demands while strengthening their position in the rapidly expanding outdoor power equipment market.
Urbanization Drives Outdoor Power Equipment Growth as 55% of the World Lives in Cities
The outdoor power equipment market is experiencing strong growth as rising urbanization and expanding residential developments drive global demand. With 55% of the world's population already living in urban areas, a figure expected to reach 68% by 2050, efficient maintenance of residential and commercial spaces has become a priority for homeowners and property managers. This trend is fueling adoption of advanced outdoor power tools that enhance both functionality and aesthetics. In emerging markets such as India, large-scale projects like the Goodrej Riverine Project in Noida, Delhi, featuring luxury apartments, clubhouses, swimming pools, and gyms, are further boosting demand for high-performance outdoor maintenance solutions.
Explore full insights and investment opportunities in global outdoor power equipment market: [https://www.arizton.com/market-reports/outdoor-power-equipment-market]
Key Company Profile
* Husqvarna Group
* Deere & Company
* Honda Motor Co., Ltd.
* Toro Company
* Stanley Black & Decker, Inc.
* Robert Bosch GmbH
Other Prominent Company Profiles
* AriensCo
* STIGA Group
* Makita Corporation
* STIHL
* Techtronic Industries Company Limited (TTI)
* Einhell Germany AG
* Masport
* Greenworks Tools
* Emak Group S.p.A.
* Generac Power Systems
* Briggs & Stratton Corporation
* SUMEC Hardware & Tools Co., Ltd.
* WEN
* Yambiko Group
* Sun Joe
* BISON
* Positec Group
* Zucchetti Centro Sistemi (ZCS)
* Mammotion
* LuckNow Products
* Hustler Turf
* Bad Boy Mowers
* Chervon Group
* Kubota Corporation
* AGCO Corporation
* Ningbo Daye Garden Machinery Co., Ltd
* Altoz
* Doosan Corporation
* Cobra Garden
* FutureGen Robotics
* Grey Technology Ltd (Gtech)
* The Grasshopper Company
* Alfred Karcher SE & Co. KG
* Zhejiang Titan Machinery Co., Ltd.
* PRORUN
* Westinghouse Outdoor Power Equipment
Market Segmentation & Forecast
Equipment Type
* Lawn Mowers
* Chainsaws
* Snow Blowers
* Tillers
* Trimmers
* Leaf Blowers
* Others
Category
* Mass
* Premium
Power Source
* ICE
* Cordless
* Corded
End-User
* Residential
* Commercial
Distribution Channel
* Offline
* Online
Geography
North America
* The U.S.
* Canada
Europe
* Germany
* The U.K.
* France
* Italy
* Spain
* Sweden
* Netherlands
* Belgium
* Poland
* Switzerland
* Finland
* Austria
APAC
* China
* India
* Japan
* South Korea
* Australia
* Indonesia
Latin America
* Brazil
* Mexico
* Argentina
Middle East & Africa
* UAE
* South Africa
* Saudi Arabia
* Egypt
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What Key Findings Will Our Research Analysis Reveal?
* How big is the global outdoor power equipment market?
* Who are the major players in the global outdoor power equipment market?
* What is the growth rate of the global outdoor power equipment market?
* Which region dominates the global outdoor power equipment market?
* What are the key trends in the global outdoor power equipment market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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