Outdoor Power Equipment Industry Overview

The global outdoor power equipment market size was valued at USD 46.53 billion in 2021 and is expected to reach USD 76.61 billion by 2030, registering a CAGR of 5.9% during the forecast period, according to a new report by Grand View Research, Inc. The market growth can be credited to the increasing adoption of outdoor power equipment, using lithium-ion batteries and cordless outdoor power equipment.

For instance, in September 2021, DeWalt, one of the brands of Stanley Black Decker, announced the launch of a 20V MAX lithium-Ion batteries system to support a variety of outdoor power equipment. Furthermore, government and public places need to be maintained and have an aesthetic appeal, additionally stimulating demand for the lawn mowers. Besides, the growing perception that gardening is a leisure activity is a critical factor in the outdoor power equipment demand.

Gather more insights about the market drivers, restrains and growth of the Outdoor Power Equipment Market

The rising technological advancements in outdoor power equipment are increasing the inclination of people toward gardening, which is expected to impact growth. For instance, in February 2022, Makita Corporation launched two new Lawn Mowers, XML10CT1 (21" Lawn Mower Kit) and XML11CT1 (21" Self-Propelled Lawn Mower Kit). These two product features 36V (18V X2) LXT power batteries, which signify their capabilities in the cordless lawn and garden market. Furthermore, the rise in residential construction and rising demand for lawn and electric cordless lawn garden tools in commercial spaces, parks, and sports fields are the factors expected to drive market growth.

Vendors' rising adoption of ergonomic designs enables people to perform activities with less labor and makes their tasks more manageable. It allows people to perform their functions with much less time than non-ergonomic tools. For instance, in November 2021, The Toro Company launched five new gas and battery-based Super Recycler models for the lawn care market. These products are designed with an ergonomic grip, which enables gardeners to have greater cutting convenience, and are developed with additional safety features, to pack within a folded handle.

A considerable increase in the demand for do-it-yourself (DIY) equipment and do-it-for-me (DIFM) services in the commercial and residential segment are expected to drive market growth. The outdoor power equipment market is seasonally affected by end-customer buying patterns, and most outdoor power equipment is sold during the summer and spring seasons. As a result of seasonality in the industry and short-term fluctuations in demand caused by weather patterns, growth in the market is hindered.

Browse through Grand View Research's HVAC Construction Industry Research Reports.

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Outdoor Power Equipment Market Segmentation

Grand View Research has segmented the global outdoor power equipment market based on the power source, end-use, equipment, and region:

Outdoor Power Equipment Power Source Outlook (Revenue, USD Million, 2018 - 2030)

• Gasoline
• Battery
• Electric Corded

Outdoor Power Equipment End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial/Government

Outdoor Power Equipment Type Outlook (Revenue, USD Million; Volume, Thousand Units, 2018 - 2030)

• 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

Outdoor Power Equipment Regional Outlook (Revenue, USD Million; Volume, Thousand Units, 2018 - 2030)

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Netherland
  • Denmark
  • Finland
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Singapore
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East Africa

Key Companies profiled:

• 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

Order a free sample PDF of the Outdoor Power Equipment Market Intelligence Study, published by Grand View Research.