Global Outdoor Power Equipment Market Size Was Valued at USD 115.11 Million In 2022, And Is Projected to Reach USD 166.22 Million By 2030, Growing at A CAGR of 4.7% From 2023 To 2030.
The outdoor power equipment market encompasses a range of tools and machines designed for outdoor tasks such as landscaping, gardening, lawn maintenance, and snow removal. This market includes products like lawn mowers, chainsaws, hedge trimmers, leaf blowers, and snow blowers, which are used by both residential consumers and professional landscapers. The market is driven by the growing interest in home gardening and landscaping activities, along with increasing investments in commercial landscaping services.
The market is expanding due in large part to technological improvements, which result in the creation of equipment that is more durable, eco-friendly, and efficient. Customers' desire for quieter, less-emitting options to conventional gas-powered tools has led to a noticeable movement in outdoor power equipment toward electric and battery-powered models. Automation and smart technologies are also starting to appear on the market; examples include robotic lawn mowers and tools that can be connected via Bluetooth, which improve user productivity and comfort.
Top Leading Key Players:
Corradi S.P.A., AirBoss Air Tools Co. Ltd., Andreas Stihl AG & Co. KG, American Lawn Mower Company, Apex Tool Group LLC, BEFCO Inc., Blount International Inc., Cub Cadet, Draper Tools Ltd., Briggs & Stratton Corporation, Craftsman, Bigger Boyz Toyz Australia Pty Ltd, Comifer Srl, CAO HUNG TECHNICAL SERVICE TRADING COMPANY LIMITED, Arboriculture Canada Training and Education Ltd. and Other Major Players
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Market Dynamics:
Trends:
The outdoor power equipment market is witnessing several key trends, including the growing adoption of battery-powered and electric equipment. These alternatives to traditional gas-powered tools offer benefits such as reduced noise, lower emissions, and easier maintenance, appealing to environmentally conscious consumers. Another significant trend is the integration of smart technologies and automation, with products like robotic lawn mowers and Bluetooth-enabled tools gaining popularity. These advancements provide enhanced convenience and efficiency, allowing users to manage their equipment remotely and automate routine tasks. Additionally, the market is seeing an increased focus on ergonomic designs to reduce user fatigue and improve safety, catering to the demand for more user-friendly and comfortable tools.
Drivers:
The market for outdoor power equipment is driven by several factors, including the rising interest in home gardening and landscaping activities. As more homeowners invest in beautifying their outdoor spaces, the demand for efficient and effective tools increases. The professional landscaping sector also contributes significantly to market growth, driven by the expansion of commercial and public green spaces. Technological advancements in equipment design and functionality are propelling the market forward, with innovations making tools more efficient, durable, and easier to use. Furthermore, increasing disposable incomes and urbanization, particularly in developing regions, are boosting the adoption of outdoor power equipment for residential and commercial purposes.
Opportunities:
Opportunities in the outdoor power equipment market are abundant, especially in the development of advanced, eco-friendly products. The growing demand for battery-powered and electric tools presents a significant opportunity for manufacturers to innovate and expand their product lines. Emerging markets in Asia-Pacific and Latin America offer substantial growth potential due to rapid urbanization, rising disposable incomes, and expanding green spaces. Collaborations between manufacturers and technology companies can lead to the creation of smart, connected equipment, further enhancing user convenience and driving market growth. Additionally, the increasing focus on sustainability and environmental regulations presents an opportunity for companies to develop and promote eco-friendly products, meeting the evolving preferences of consumers and regulatory requirements.
Segmentation of the Outdoor Power Equipment Market:
By Equipment Type
- Lawn Mower
- Chainsaw
- Trimmer & Edger
- Others
By Power Source
- Fuel
- Electric
By Functionality
- Connected/Smart
- Conventional
By Applications
- Commercial
- Residential
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By Region:
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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