Global Powered Outdoor Equipment Market to Reach 165.0 Million Units by 2030
The global market for Powered Outdoor Equipment estimated at 119.5 Million Units in the year 2023, is expected to reach 165.0 Million Units by 2030, growing at a CAGR of 4.7% over the analysis period 2023-2030. Gas-Fired Outdoor Grills, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach 42.9 Million Units by the end of the analysis period. Growth in the Walk Behind Power Mowers segment is estimated at 5.3% CAGR over the analysis period.
The U.S. Market is Estimated at 47.2 Million Units While China is Forecast to Grow at 6.3% CAGR
The Powered Outdoor Equipment market in the U.S. is estimated at 47.2 Million Units in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 18.8 Million Units by the year 2030 trailing a CAGR of 6.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Global Powered Outdoor Equipment Market - Key Trends & Drivers Summarized
Powered outdoor equipment encompasses a wide range of tools and machines designed to aid in landscaping, gardening, and other outdoor maintenance tasks. This category includes lawnmowers, chainsaws, leaf blowers, snow blowers, and trimmers, among others. These tools are essential for both residential and commercial use, providing the necessary power and efficiency to maintain large gardens, public parks, and other outdoor spaces. The equipment is typically powered by gasoline engines, electric motors, or increasingly, by rechargeable batteries, each offering distinct advantages in terms of performance, convenience, and environmental impact.
Technological advancements have significantly enhanced the capabilities and efficiency of powered outdoor equipment. Modern gasoline engines are more fuel-efficient and emit fewer pollutants, addressing environmental concerns and regulatory requirements. Meanwhile, battery-powered equipment has seen substantial improvements due to advancements in lithium-ion battery technology, offering longer run times, quicker charging, and reduced noise levels compared to traditional gas-powered tools. These innovations make battery-powered equipment particularly appealing to environmentally conscious consumers and those seeking quieter operation. Additionally, smart technology integration, such as automated mowing systems and IoT connectivity, allows for more precise control and monitoring of equipment, further enhancing their utility and ease of use.
The growth in the powered outdoor equipment market is driven by several factors, including technological advancements, increased interest in home gardening and landscaping, and rising consumer expectations for convenience and efficiency. Technological innovations, particularly in battery technology and smart features, have expanded the capabilities and appeal of these tools. Over the years there has been a surge in home improvement activities, with more people investing in their gardens and outdoor spaces, thereby increasing demand for high-quality powered equipment. Gardening is widely being adopted as a hobby due to its increasing advantages in real-estate price maintenance, thereby boosting growth for the outdoor powered equipment market. Furthermore, the trend towards eco-friendly and sustainable living has boosted the popularity of battery-powered tools, which offer a cleaner alternative to gasoline-powered counterparts. Additionally, professional landscaping services continue to grow, driven by urbanization and the need for well-maintained public and commercial spaces, further propelling market demand. The evolving consumer preferences for more efficient, quieter, and environmentally friendly tools underscore the ongoing expansion and innovation within the powered outdoor equipment market.
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