Outdoor Power Equipment market is Expected to Grow at Cagr of 4.22%...

Outdoor Power Equipment market is Expected to Grow at Cagr of 4.22% over the forecast period 2028

Veröffentlicht 2023-05-11 13:35:11

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Outdoor power equipment refers to the type of equipment that is utilized for the commercial and residential applications. Lawn mowers, tillers and cultivators, snow throwers and saws among others are few of the common types of outdoor power equipment. The equipment could be placed outside the house or an attached garage as authorized by the official fire code.

Outdoor Power Equipment market at the territorial level, which has been additionally bifurcated at the country level to provide a nitty-gritty view to the organizations. An uncommon center has been given to the vital participants in the organization profile area. This part incorporates monetary incomes, geological presence, and business outline, items offered, and key techniques embraced by the players to remain ahead in the opposition. Essential exploration was led with industry specialists, including VPs, advisors, item supervisors, and store network chiefs.

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The outdoor power equipment market is expected to witness market growth at a rate of 4.22% in the forecast period of 2021 to 2028. Data Bridge Market Research report on outdoor power equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use of product in various industries globally is escalating the growth of outdoor power equipment market.

Outdoor power equipment refer to the type of equipment that is utilized for the commercial and residential applications. Lawn mowers, tillers and cultivators, snow throwers and saws among others are few of the common types of outdoor power equipment. The equipment could be placed outside the house or an attached garage as authorized by the official fire code.

The major players covered in the outdoor power equipment market report are American Honda Motor Co., Inc., The Toro Company, Stihl, MTD, Ariens., YAMABIKO Corporation, Stanley Black & Decker, Inc, Techtronic Industries Co. Ltd, Briggs & Stratton Corporation, AL-KO., Stiga S.P.A., Emak S.p.A., Robert Bosch GmbH, Makita U.S.A., Inc., Schiller Grounds Care, Inc., Excel Industries Inc, CHERVON (China) Trading Co., Ltd., Jacobsen Division of Textron., Husqvarna AB (publ), and Deere & Company., among other

The global Outdoor Power Equipment market is divided into a type that includes

By Equipment Type (Lawn Mowers, Saws, Trimmers and Edgers, Blowers, Tillers and Cultivators, Snow Throwers, Others),

Power Source (Fuel Powered, Electric Powered),

Application (Commercial, Residential),

Outdoor Power Equipment Market Country Level Analysis

The outdoor power equipment market is analyzed and market size, volume information is provided by country, equipment type, power source and application as referenced above.

The countries covered in the outdoor power equipment market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the outdoor power equipment market due to the presence of leading manufacturers of outdoor power equipment and increase in residential applications within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rise in residential and commercial sectors in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Geographically, the market has been segmented into

· North America (United States, Canada and Mexico)

· Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

· Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

· South America (Brazil, Argentina, Colombia, and Rest of South America)

· Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Outdoor Power Equipment Market Scope and Market Size

· The outdoor power equipment market is segmented on the basis of equipment type, power source and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

· On the basis of equipment type, the outdoor power equipment market is segmented into lawn mowers, saws, trimmers and edgers, blowers, tillers and cultivators, snow throwers and others. Lawn mowers are further segmented into riding lawn mowers and non-riding lawn mowers. Riding lawn mowers are further sub-segmented into lawn tractors & garden tractors, rear engine riding mowers and zero-turn-radius (ZTR) mowers. Non-riding lawn mower are further sub-segmented into walk-behind lawn mowers and robotic lawn mowers. Saws are further segmented into chainsaws. Trimmers & edgers are further segmented into trimmers & brush cutters, hedge trimmers and walk-behind edgers and trimmers. Blowers are further segmented into backpack blowers and handheld blowers.

· On the basis of power source, the outdoor power equipment market is segmented into fuel powered, and electric powered.

· On the basis of application, the outdoor power equipment market is segmented into commercial, and residential.

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Competitive Landscape and Outdoor Power Equipment Market Share Analysis

The outdoor power equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to outdoor power equipment market.

Key Points of the Report

· The analysis of growth trends of Global Outdoor Power Equipment market is based upon the CAGR calculated from 2022-2029.

· To analyse the functioning of the market in each region, the market share and growth rate of each geographical region are evaluated.

· It includes all of the necessary details on the market’s major producers, customers, and distributors.

Customization of the Report:

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