June 25, 2024

Global Outdoor Power Equipment Industry Is Projected to Reach A Revised Size Of USD 150.62 Billion By 2028

Outdoor Power Equipment Market

Global Outdoor Power Equipment Market Size Was Valued at USD 109.94 Million In 2021, And Is Projected to Reach USD 150.62 Million By 2028, Growing at A CAGR of 4.6% From 2022 To 2028.

The latest report on the Outdoor Power Equipment Market provides a detailed analysis of the market for the years 2023 to 2030. It presents a comprehensive overview of the global Outdoor Power Equipment industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Outdoor Power Equipment market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years. The report is meant to assist clients to obtain information and making decisions that will help them build their businesses. The study is produced with a specific aim in mind: to deliver business insights and consultation to help customers make wise business decisions and achieve long-term success in their particular market segments.

Leading Key Players Covered in Outdoor Power Equipment Market:

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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Outdoor Power Equipment (OPE) refers to equipment with small motors or engines that is primarily used outdoors. Outdoor power equipment is utilized by residential and commercial users for a variety of tasks, including landscaping and maintaining lawns, gardens, and golf courses. The equipment is powered by a gasoline engine, an electric unit, or batteries and is robust and efficient, making it more popular. In addition, increasing urbanization has resulted in the development of smart cities and infrastructure, which has increased the demand for this construction equipment.

Global Outdoor Power Equipment: Market Segmentation

Equipment Type       

  • Lawn Mower
  • Chainsaw
  • Trimmer & Edger
  • Others

By Applications         

  • Commercial
  • Residential

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By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., 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)

Covid-19 Impact Analysis On Outdoor Power Equipment Market

COVID-19 has had a devastating impact on global trade, which has impacted households, businesses, financial institutions, industrial firms, and infrastructure companies. The novel coronavirus has impacted a number of economies and caused lockdowns in a number of nations, limiting the market’s expansion. The cessation of industrial manufacturing led to a decrease in demand for gas-related equipment in the majority of the world’s nations, which in turn led to a decrease in demand for outdoor power equipment. During the outbreak, the decrease in power consumption in industrial facilities across the globe has had a negative impact on market growth.

Reasons Why You Should Buy This Report:

  • To gain an in-depth understanding of the Global Outdoor Power Equipment And Remedies Market
  • To obtain research-based business decisions and add weight to presentations and marketing strategies
  • To gain competitive knowledge of leading market players
  • It gives a pinpoint investigation of changing rivalry elements and keeps you in front of contenders.
  • It helps in settling on educated business choices by having total bits of knowledge of the market and by making inside and out an investigation of market sections.

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