Global Outdoor Power Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Outdoor Power Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Outdoor Power Equipment market finds that the global Outdoor Power Equipment market reached a value of USD 31538.88 million in 2022. It’s expected that the market will achieve USD 46175.48 million by 2028, exhibiting a CAGR of 6.56% during the forecast period.

Outdoor power equipment is widely used in Commercial

Outdoor power equipment is used for both commercial and residential applications. Outdoor power equipment is used by commercial end users including landscape service providers, and lawn and tree care providers. Residential end users include homeowners and DIY enthusiasts. Currently, the market is dominated by the residential/DIY application segment. However, the commercial application segment is expected to exhibit higher growth during the forecast period. Growth in the US housing and increasing garden activities is propelling the growth of the outdoor power equipment market for commercial applications. The commercial application segment is dominated by fuel-powered equipment; however, manufacturers are introducing battery-operated equipment for commercial applications.

Growing popularity of artificial grass

The economic cost of artificial turf is relatively low, the management cost is low in the later period, the maintenance is simple, no need to plant; no pruning is required; no watering is needed; the room can still be green, the winter is not yellow; the surface layer can be recycled and reused, and has environmental protection performance. With the increasing popularity of artificial turf, traditional turf care work has been reduced, which will reduce the use of outdoor electrical equipment to a certain extent.

Region Overview:

In 2021, the share of the Outdoor Power Equipment market in USA stood at 36.37%.

Company Overview:

STIHL is one of the major players operating in the Outdoor Power Equipment market, holding a share of 14.32% in 2022.

STIHL

Andreas Stihl AG and Company KG is a German manufacturer of chainsaws and other handheld power equipment including trimmers and blowers. Their headquarters are in Waiblingen, Baden-Württemberg, near Stuttgart, Germany.

Husqvarna

The Husqvarna Group is a Swedish manufacturer of outdoor power products including chainsaws, trimmers, brushcutters, cultivators, garden tractors, mowers, and sewing machines.

Segmentation Overview:

As for product types, the Lawn Mowers segment held the largest market share in 2021.

Blowers

A blower is a mechanical device for moving air or other gases in a direction at an angle to the incoming fluid. Centrifugal fans often contain a ducted housing to direct outgoing air in a specific direction or across a heat sink; such a fan is also called a blowers, biscuit blower, or squirrel-cage fan.

Trimmers

Trimmers are used to trim lawns, leaves, hedges, etc.

Chainsaws

A chainsaw is a portable, mechanical saw which cuts with a set of teeth attached to a rotating chain that runs along a guide bar. It is used in activities such as tree felling, limbing, bucking, pruning, cutting firebreaks in wildland fire suppression and harvesting of firewood.

Lawn Mowers

Lawn mowers (mowers) are also known as weeders, lawn mowers, lawn trimmers, etc. The lawn mower is a mechanical tool for mowing lawns, vegetation, etc. It is composed of a cutter head, an engine, a walking wheel, a traveling mechanism, a blade, an armrest, and a control portion.

Application Overview:

By application, the Commercial segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Outdoor Power Equipment market covered in Chapter 3:

Stanley Black and Decker
MTD
EMAK
John Deere
MAT
Blount
Husqvarna
TORO
STIHL
Makita
Honda

In Chapter 4 and Chapter 14.2, on the basis of types, the Outdoor Power Equipment market from 2018 to 2029 is primarily split into:

Blowers
Trimmers
Chainsaws
Lawn Mowers
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Outdoor Power Equipment market from 2018 to 2029 covers:

Commercial
Household

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)