Outdoor Power Equipment Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031

Outdoor Power Equipment Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Equipment Type (Lawn Mowers, Blowers, Tillers & Cultivators, Chainsaws, Trimmers, Hedge Trimmers, Sprayers, Mist Dusters, and Others); Power Source (Electric-Powered and Fuel-Powered); Application (Commercial and Residential), and Geography

  • Report Code : TIPRE00007103
  • Category : Manufacturing and Construction
  • No. of Pages : 150

Outdoor Power Equipment Market Scope by 2031

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The Outdoor Power Equipment Market size is projected to reach US$ 59.2 billion by 2031 from US$ 39.5 billion in 2023. The market is expected to register a CAGR of 5.2% in 2023–2031. The demand for electric equipment is growing owing to its benefits, such as longer run time and easy maintenance, among others. In addition, manufacturers in the industry are actively introducing innovative products to fulfill the increased demand.

Outdoor Power Equipment Market Analysis

Increased construction activities across the globe have led to increased adoption of home gardens and rooftop gardens. Urbanization and construction activities have led to deforestation; thus, households are increasingly adopting the home garden and rooftop garden concepts. In addition, COVID has positively impacted the demand for garden equipment. As per the data published in the National Gardening Survey 2023, participation in gardening and lawn activities has increased to 5 years high, that is, 80% of the households taking part in 2022. In addition, spending on garden and lawn activities also increased; the average spending of the household reached US$ 616 in 2022 from US$ 74 in 2021. Such factors are driving the demand for outdoor power equipment in the past few years.

Outdoor Power Equipment Market Overview

The landscaping and gardening industry in the US is one of the notable industries in the US. As per the data published by the US Bureau of Labour Statistics in 2020, approximately 0.8 million professionals are working in the US in landscaping and groundskeeping. Further, the US landscaping industry is worth approximately US$ 100 billion. Such demand for the landscaping industry in the US is driving the demand for outdoor power equipment.

Lawn movers are one of the highly adopted power equipment across the globe. Lawn movers are projected to acquire more than 35% of the total outdoor power equipment. Lawn mover is one of the most basic equipment required for the landscaping industry. Thus, the demand for lawn movers is higher than for any other equipment.

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Outdoor Power Equipment Market: Strategic Insights

Outdoor Power Equipment Market
  • CAGR
    CAGR (2023 - 2031)
    5.2%
  • Market Size 2023
    US$ 39.5 Billion
  • Market Size 2031
    US$ 59.2 Billion

Market Dynamics

GROWTH DRIVERS
  • Product development activities of the key players
FUTURE TRENDS
  • Growing demand for electric equipment
OPPORTUNITIES
  • Growing demand for robotic lawnmowers

Key Players

  • Stihl
  • Ariens Company
  • Deere Company
  • Honda Motor Co Ltd
  • Husqvarna
  • STIGA S p A
  • Techtronic Industries Co Ltd
  • The Toro Company
  • YAMABIKO Corporation
  • Stanley Black Decker

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market SegmentEquipment Type
  • Lawn Mowers
  • Blowers
  • Tillers & Cultivators
  • Chainsaws
  • Trimmers
  • Hedge Trimmers
  • Sprayers
  • Mist Dusters
Market SegmentPower Source
  • Electric-Powered and Fuel-Powered
Market SegmentApplication
  • Commercial and Residential
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Outdoor Power Equipment Market Drivers and Opportunities

Product development activities of the key players

The key players are increasing their focus on developing and introducing innovative outdoor equipment that is effective and effective. In 2023, Echo introduced battery-powered blowers. These are three-port battery powered backpack that produces approximately 800 cubic feet per minute air volume. Further, in 2023,  Whisper Aero introduced an ultra-quiet electric leaf blower. The company focused on reducing noise pollution by using next-generation aircraft electric thrusters. Such product development activities by the key players of the industry are driving the market.

Growing demand for robotic lawnmowers

The robotic lawn mower has more benefits than the traditional lawn mower. Robot lawnmowers provide more equal patterns compared to traditional lawnmowers that mow in a random pattern. In addition, when mowing is completed, robotic lawnmowers automatically return to their charging stations and charge themselves without requiring any actions by the consumers. Further, these robotic lawnmowers require less space for storage compared to traditional lawnmowers. Moreover, owing to growing demand, the manufacturers of the industry are introducing innovative robotic lawn mowers. Such factors are projected to create lucrative opportunities for the market during the forecast period.

Outdoor Power Equipment Market Report Segmentation Analysis

Key segments that contributed to the derivation of the Outdoor Power Equipment Market analysis are equipment type, power source, and application.

  • Based on equipment type, the Outdoor Power Equipment Market is divided into lawnmowers, blowers, tillers & cultivators, chainsaws, trimmers, hedge trimmers, sprayers, mist dusters, and others. The lawnmowers segment held a larger market share in 2023.
  • By power source, the market is segmented into neurogenerative disorders, stroke, injury, and others. The electric disease segment held the largest share of the market in 2023.
  • In terms of application, the market is bifurcated into commercial and residential. The commercial segment dominated the market in 2023.

Outdoor Power Equipment Market Share Analysis by Geography

The geographic scope of the Outdoor Power Equipment Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.

Asia Pacific is projected to account for the highest market share during the forecast years. Asia Pacific outdoor power equipment market is further divided into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Infrastructure development activities, including landscape and gardening, are growing in the above countries. In addition, increasing disposable income in the Asian region is further driving the spending on gardening equipment. Such above mentioned factors are projected to drive the market in the region.

Outdoor Power Equipment Market Report Scope

Report Attribute Details
Market size in 2023 US$ 39.5 Billion
Market Size by 2031 US$ 59.2 Billion
Global CAGR (2023 - 2031) 5.2%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Equipment Type
  • Lawn Mowers
  • Blowers
  • Tillers & Cultivators
  • Chainsaws
  • Trimmers
  • Hedge Trimmers
  • Sprayers
  • Mist Dusters
By Power Source
  • Electric-Powered and Fuel-Powered
By Application
  • Commercial and Residential
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Stihl
  • Ariens Company
  • Deere Company
  • Honda Motor Co Ltd
  • Husqvarna
  • STIGA S p A
  • Techtronic Industries Co Ltd
  • The Toro Company
  • YAMABIKO Corporation
  • Stanley Black Decker
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Outdoor Power Equipment Market News and Recent Developments

The Outdoor Power Equipment Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:

  • Segway introduced its next-generation robotic lawn mowers, Navimow i Series. The new product is integrated with AI technology. With this technology, the mapping accuracy of the lawnmowers is increased. (Source: Segway, Press Release/Company Website/Newsletter, 2024)
  • Husqvarna launched innovative chainsaws, T542i XP and 542i XP. The company has introduced clutch technology in its new chainsaws, which will help the consumer to reduce the energy. (Source: Husqvarna, Press Release/Company Website/Newsletter, 2023)

Outdoor Power Equipment Market Report Coverage and Deliverables

The “Outdoor Power Equipment Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

Equipment Type, Power Source, Application

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

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