Outdoor Power Equipment Market – Global Opportunities & Forecast, 2020-2027

 The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The major players in the Outdoor power equipment market include:

·         Deere & Company

·         Husqvarna AB

·         The Toro Company

·         Techtronic Industries Co. Ltd.

·         American Honda Motor Co., Inc.

·         MTD

·         Andreas Stihl AG & Co. KG

·         YAMABIKO Corporation

·         Ariens Company

·         Stanley Black & Decker, Inc.

Key Drivers of the Outdoor power equipment market:

The global outdoor power equipment market is mainly driven by numerous factors, including rapid urbanization, rising consumer spending on durable goods, and increasing focus of homeowners towards beautifying their gardens. Moreover, growing concerns regarding environmental pollution have lead to the inclination of consumers towards clean sources of energy to decrease carbon emissions, which will boost the growth of the outdoor power equipment market share in terms of revenue.

The increasing research & development activities and technological advancements in the outdoor power equipment to improve the design, comfort level, and reliability, is promoting the consumers to opt for this advanced equipment. With the emergence of the COVID-19 pandemic in 2020, people are actively looking for advanced gardening tools and equipment owing to the rising emphasis on staying at home and maintaining social distance. On the other hand, the high cost of maintenance of these types of equipment will restrain the market growth.

Segmentation of the Outdoor power equipment market:

The major regions covered in the report are North America, Europe, Asia-Pacific, and the Rest of the world. It also contains regional volume and revenue of the forecast period. Moreover, it helps the reader to understand accurate data on volume sales according to the consumption for the same years.

On the basis of equipment type, this report displays the production, revenue, price, market share, and overall growth rate of each equipment type, primarily split into:

·         Saws

·         Lawn Mowers

o    Riding Lawn Mowers

§   Lawn Tractors & Garden Tractors

§   Rear Engine Riding Mowers

§   Zero-Turn-Radius Mowers (ZTR)

o    Non-Riding Lawn Mowers

§   Walk-Behind Lawn Mowers

§   Robotic Lawn Mowers

·         Blowers

·         Trimmers & Edgers

·         Snow Throwers

·         Tillers & Cultivators

·         Others

On the basis of power source, this report displays the production, revenue, price, market share, and overall growth rate of each power source, primarily split into:

·         Fuel Powered

·         Electric Powered

o    Corded

o    Cordless

On the basis of application, this report displays the production, revenue, price, market share, and overall growth rate of each application, primarily split into:

·         Residential/DIY

·         Commercial

On the basis of region, this report displays the production, revenue, price, market share, and overall growth rate of each region, primarily split into:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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