Outdoor Power Equipment Market

Global Outdoor Power Equipment Market Analysis and Opportunity Assessment by Power, Type, End-Use, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 17,842.5Mn between 2022 and 2032

Category: Clean Energy & Power

|

ID: CVC-00536

|

Format: PDF+Excel Dataset

|

Published Date: November 2022

|

Pages: 280

Outdoor Power Equipment Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Outdoor Power Equipment Market grew at a CAGR of 4.7% between 2017-2021 and is estimated to be US$ 27,685.4Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.1% and is expected to reach a valuation of US$ 45,527.9Mn by 2032 end.

The market for outdoor power equipment is predicted to rise due to increasing urbanization, disposable income, infrastructure development, and rising demand for landscaping services.

Additionally, as people become more aware of environmental issues, more lithium-ion batteries are being used in outdoor power equipment because they are environmentally benign and increase energy output. Many businesses are concentrating on innovation in lithium-ion batteries.

Market Dynamic

GROWING DEMAND FOR LANDSCAPING SERVICES AND INCREASING INTEREST OF HOMEOWNERS IN GARDENING ACTIVITIES

The market is primarily driven by the rising demand for landscaping services from business customers and homeowners looking to improve the aesthetic appeal of their properties.

For various landscaping tasks like lawn upkeep, hardscaping, tree care, lawn renovation, organic or natural lawn care, and snow removal, various outdoor power tools like lawn mowers, hedge trimmers, blowers, and saws are employed.

The outdoor power equipment market is driven by homeowners’ increasing propensity to spend more time engaging in outdoor and gardening activities in industrialized nations. Golf course design and maintenance also involve the usage of outdoor power equipment. As the number of golfers and golfers-to-be increases in the upcoming years, the demand for outdoor power equipment will likely increase.

HIGH MAINTENANCE COST AND AVAILABILITY OF OUTDOOR POWER EQUIPMENT ON LEASE

Lawnmowers and hedge trimmers are examples of outdoor power equipment. Many outdoor power equipment components, including motors, air, and fuel filters, need routine maintenance.

Outdoor power equipment needs to be calibrated regularly to ensure exact operations. Oiling, sharpening, changing parts, and other repairs necessary for the correct operation of tools are all included in routine maintenance. As a result, maintaining outdoor power equipment is rather expensive.

Consumers, especially those in developing nations, are unwilling to spend much money maintaining this equipment because laborers are readily accessible for less money. These maintenance and repair requirements also raise the expense of owning outdoor power equipment.

DEVELOPMENT OF SMART AND CONNECTED OUTDOOR POWER EQUIPMENT

Manufacturers prioritize providing linked equipment in response to the increased acceptance of IoT devices and the appeal of smart and connected products. The development of smart and connected gadgets results from technological advancements and the acceptance of wireless networking techniques.

Leading outdoor power equipment producers increasingly emphasize the creation of connected and smart outdoor power equipment. For instance, John Deere began providing JDLink, a digital platform that gathers real-time equipment data and communicates it to John Deere repair centers to customers at no additional cost.

Outdoor Power Equipment Market

Market Segments Covered in Report

By Power:

  • Gasoline
  • Battery Powered
  • Electric Corded

By Type:

  • Lawn Mower
  • Walk-Behind Lawn Mowers
  • Ride-on Lawn Mowers
  • Robotic Lawn Mowers
  • Zero-Turn Mowers
  • Chainsaw
  • Trimmer & Edger
  • Trimmers & Brush Cutter
  • Hedge Trimmers
  • Walk-Behind Edgers & Trimmers
  • Blowers
  • Snow
  • Leaf
  • Tillers & Cultivators
  • Snow Throwers
  • Others

By End-Use:

  • Residential
  • Commercial/ Government

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why does lawn mowers the most extensively used outdoor power equipment in the market?

The outdoor power equipment market is expected to be dominated by the segment of lawnmowers. The rising popularity of lawn and garden maintenance tasks among residential users and the increasing need for landscaping services contribute to the rising demand for lawnmowers.

Municipalities and landscaping service companies are some more significant end consumers of lawnmowers. The popularity of turf sports like golf also drives up the demand for lawnmowers.

Why is battery powered segment increasing in demand in the anticipated period?

It is anticipated that the battery power source market will grow at a CAGR more than 6.9% during the projection period. Because they are more affordable to buy online and have cheaper delivery costs than gasoline-powered alternatives, battery-powered sources are growing in popularity.

Additionally, many online shops are modifying their inventories to comply with the latest legislative directives for creating products for electric outdoor power equipment.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

  • The North American market held a 36.2% share of the global market. Due to North America’s bigger geographic size than its population, which results in more gardens and lawns, the regional market is expected to grow.
  • Throughout the projection period, it is anticipated that the Asia Pacific market will grow at a 6.5% CAGR. The considerable growth rate of the region is a result of changing lifestyles and increased disposable income in several developing nations, like China and India.

Competition Analysis

The market is divided and is characterized by fierce competition among businesses. These businesses concentrate on product innovation, product launches, and R&D expenditures. Numerous companies prioritize producing affordable and ergonomic items as a core component of their product offers.

The recent developments in the Global Outdoor Power Equipment Market:

  • In January 2022, Keo, a cordless yard saw, was introduced by Robert Bosch GmbH. Keo is one of the goods produced by the cooperation between Husqvarna Group and 18V Power for All System. The product features a strong interchangeable battery pack with replaceable saw blades for DIY applications.
  • In September 2021, the MSA 300 cordless chainsaw from STIHL will be lighter and offer higher energy content. The STIHL AP 500 S battery pack is included with this, which is made for professional use in industries including forestry, landscaping, and horticulture.

A list of some of the key suppliers present in the market are:

  • Husqvarna AB
  • Makita Corp
  • Honda Motors Co. Ltd
  • Briggs & Stratton Corp.
  • Andreas Stihl AG & Company KG
  • MTD Holdings Inc.
  • Stanley Black and Decker Inc.
  • Andreas Stihl AG & Company KG
  • CHERVON (China) Trading Co., Ltd
  • Techtronic Industries Ltd.
  • Yamabiko Corporation
  • Robert Bosch
  • AL-KO Kober Group
  • Ariens Company
  • The Toro Company
  • Deere & Company

Report Coverage and Highlights

  • Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
  • Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
  • The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
  • Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
  • Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
  • Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
  • Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
  • Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
  • Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
  • Strategic market analysis, recommendations, and future headways on crucial winning strategies.
Research ScopeDetails
Forecast period2022-2032
Historical data available for2017-2021
Market analysisUSD Million for Value and Tons for Volume, and CAGR from 2022 to 2032
Key regions coveredNorth America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries coveredUS, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments coveredBy Power, Type, End-Use, and Region
Customization scopeAvailable upon Request
Pricing and purchase optionsAvailable upon Request

 

Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 5.1%.

 

Growing demand for landscaping services and increasing interest of homeowners in gardening activities.

 

Major global Outdoor Power Equipment Market players are Husqvarna AB; Makita Corp; Honda Motors Co. Ltd; Briggs & Stratton Corp.; MTD Holdings Inc.; Stanley Black and Decker Inc.; Andreas Stihl AG & Company KG; CHERVON (China) Trading Co., Ltd; Techtronic Industries Ltd.; Yamabiko Corporation; Ariens Company; The Toro Company; Andreas Stihl AG & Company KG; Deere & Company; Robert Bosch; AL-KO Kober Group.

 

High maintenance cost and availability of outdoor power equipment on lease.

 

North America is expected to account for the largest market revenue share in the Global Outdoor Power Equipment market.

 

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Outdoor Power Equipment Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Outdoor Power Equipment Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Power W.R.T. Packaging Power
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Power Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of Packagings
      • Packagings Consumption Analysis
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Packaging Landscape
  10. Global Outdoor Power Equipment Market 2017 – 2032 by Power
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Power [Value (US$ Mn) and Volume (Tons) Analysis]
      • Gasoline
      • Battery Powered
      • Electric Corded
    • Market Attractiveness Analysis by Power
  11. Global Outdoor Power Equipment Market 2017 – 2032 by Type
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Type [Value (US$ Mn) and Volume (Tons) Analysis]
      • Lawn Mower
        • Walk-Behind Lawn Mowers
        • Ride-on Lawn Mowers
        • Robotic Lawn Mowers
        • Zero-Turn Mowers
      • Chainsaw
      • Trimmer & Edger
        • Trimmers & Brush Cutter
        • Hedge Trimmers
        • Walk-Behind Edgers & Trimmers
      • Blowers
        • Snow
        • Leaf
      • Tillers & Cultivators
      • Snow Throwers
      • Others
    • Market Attractiveness Analysis by Type
  12. Global Outdoor Power Equipment Market 2017 – 2032 by End-Use
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use [Value (US$ Mn) and Volume (Tons) Analysis]
      • Residential
      • Commercial/ Government
    • Market Attractiveness Analysis by End-Use
  13. Global Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  14. North America Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Power
      • By Type
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Power
      • By Type
      • By End-Use
  1. Latin America Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Power
      • By Type
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Power
      • By Type
      • By End-Use
  1. Europe Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Power
      • By Type
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Power
      • By Type
      • By End-Use
  1. Asia-Pacific Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Power
      • By Type
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Power
      • By Type
      • By End-Use
  1. Middle East Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Power
      • By Type
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Power
      • By Type
      • By End-Use
  1. Africa Outdoor Power Equipment Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Power
      • By Type
      • By End-Use
    • Market Attractiveness Analysis
      • By Country
      • By Power
      • By Type
      • By End-Use
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Packaging Power Analysis
    • Company Footprint Analysis
      • Packaging Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • Brand Preference Analysis
    • Competition Dashboard
  3. Company Profiles
    • Husqvarna AB
      • Company Overview
      • Packaging & Financial Portfolio
      • Packaging Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • Makita Corp
    • Honda Motors Co. Ltd
    • Briggs & Stratton Corp.
    • Andreas Stihl AG & Company KG
    • MTD Holdings Inc.
    • Stanley Black and Decker Inc.
    • Andreas Stihl AG & Company KG
    • CHERVON (China) Trading Co., Ltd
    • Techtronic Industries Ltd.
    • Yamabiko Corporation
    • Robert Bosch
    • AL-KO Kober Group
    • Ariens Company
    • The Toro Company
    • Deere & Company
  4. Assumptions and Acronyms

User License

Datapack Only
Report + Datapack

Only Pay for What You Need

Customize Your Report by Choosing Insights You Need and Pay Accordingly

Consulting Services

Allow Us to Create and Deliver an Engagement That Exactly Meets Your Requirements and Expectations

We Accept

Chem view Chem view Chem View Chem view
Chem View

Safe & Secure Payments

Let us Help You!

Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.

Connect with Us!

    Let us Help you!

    Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.

    Speak to Analyst

    Connect with Us!