Global Outdoor Power Equipment Market Research Report by Equipment Type (Lawn Mowers, Saws, Trimmers & Edgers, Blowers, Snow Throwers, Tillers & Cultivators, Others), by Service Type (Residential/DIY, Commercial) by Power Source (Conventional Products, Connected/AI Enabled Products), by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact
Report ID : QR1001462 | Industries : Automotive and Transportation | Published On :February 2022 | Page Count : 225Global Outdoor Power Equipment Market
The global Outdoor Power Equipment market was valued at USD 26,680.55 million in 2020 which expected to reach USD 34,110.45 million by 2027 at a CAGR 3.0 % from 2020-2027.
Outdoor power equipment is powered by compact engines or small motors. If the equipment is used solely for outdoor services, it is known as outdoor power equipment. Brush cutters, edgers, chain saws, power rakes, and other outdoor power equipment are common. Outdoor power equipment is widely used in both the residential and commercial sectors. End-users such as lawn and plant care providers and landscape service providers frequently use outdoor power equipment for commercial purposes.
Market Drivers
Increasing demand for landscaping services & growing interest of homeowners in gardening activities.
The Global Outdoor Power Equipment Market is significantly driven by the increase in demand by homeowners for landscaping services to make their homes aesthetically pleasing, as well as by commercial users to boost the appeal of their properties.
In the landscaping industry, a wide range of outdoor power equipment, like lawn mowers, blowers, hedge trimmers, and saws, are used in diverse landscaping activities which include lawn maintenance, hardscaping, tree care, lawn renovation, organic or natural lawn care, and snow removal.
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Market Restraint
Outdoor power equipment, like lawn mowers & trimmers, are precision instruments. Lots of parts like motors, fuel filters, air filters of these outdoor power equipment require regular maintenance. For precise operations, outdoor power equipment are required to be recalibrated after regular intervals.
Regular maintenance includes sharpening, oiling, and replacing parts, and other repairs required for the proper working of tools. Thus, the cost of maintenance of these equipment is relatively high..
Impact of COVID-19
The worldwide outbreak of COVID-19 had forced many businesses to shut down their manufacturing plants & halt most of the operations during the initial period of 2 to 3 months.
During this crisis, the main objective of the companies was to sustain their businesses by finding safer ways to continue manufacturing operations or find other sustainable ways to get the revenue stream flowing. However, during this period, the residential & commercial application segments, both experienced a surge in demand owing to the increasing popularity of do-it-yourself projects & landscaping services.
Hence, after a period of 2 to 3 months of decline post the outbreak of the novel COVID-19 virus, both the residential & commercial application segments made a strong comeback and started recovering with a higher pace. As a result of the growing demand, the outdoor power equipment market can be seen growing steadily.
Market Segmentation
The Global Outdoor Power Equipment Market is segmented into Equipment Type, Service Type Power Source, and Functionality. Based on the Power Source, the market is segmented into Fuel Powered, Electric Powered. Further, market is segmented into The Functionality, the market is segmented into Conventional Products, Connected/AI Enabled Products. By Service Type, the market is segmented into Residential/DIY, Commercial. Equipment Type, the market is segmented Lawn Mowers, Saws, Trimmers & Edgers, Blowers, Snow Throwers, Tillers & Cultivators, Others
Regional Analysis
Global Outdoor Power Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America has the largest market share. North America is further subdivided into the United States, Canada, and Mexico. There is a lawn and garden care culture in North America, which is growing as a result of people's growing interest in gardening activities and the increasing number of private lawns. Furthermore, there is an increasing demand in the region for do-it-yourself techniques, which is driving homeowners to undertake a variety of refurbishment and beautification projects. Furthermore, North American participation in turf sports such as golf is increasing dramatically year after year. Another major factor driving demand for outdoor power equipment is the growing demand for landscaping services by both residential and commercial establishments..
Key Players
Various key players are listed in this report such as Briggs & Stratton, Deere & Company, HONDA, Husqvarna, Makita, Robert Bosch, Stanley Black & Decker, STIHL Group, Techtronic Industries, The Toro Company
Market Taxonomy
By Equipment Type
- Lawn Mowers
- Saws
- Trimmers & Edgers
- Blowers
- Snow Throwers
- Tillers & Cultivators
- Others
By Service Type
- Residential/DIY
- Commercial
By Power Source
- Fuel Powered
- Electric Powered
By Functionality
- Conventional Products
- Connected/AI Enabled Products
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Outdoor Power Equipment Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
Global Outdoor Power Equipment Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Outdoor Power Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Outdoor Power Equipment Market, By Equipment Type
5.1 Y-o-Y Growth Comparison, By Equipment Type
5.2 Global Outdoor Power Equipment Market Share Analysis, By Equipment Type
5.3 Global Outdoor Power Equipment Market Size and Forecast, By Equipment Type
5.3.1 Lawn Mowers
5.3.2 Saws
5.3.3 Trimmers & Edgers
5.3.4 Blowers
5.3.5 Snow Throwers
5.3.6Tillers & Cultivators
5.3.7 Others
6 Global Outdoor Power Equipment Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Outdoor Power Equipment Market Share Analysis, By Application
6.3 Global Outdoor Power Equipment Market Size and Forecast, By Application
6.3.1 Consulting
6.3.2 System implementation
6.3.3 Training, support, and maintenance
6.3.4 Managed service
7 Global Outdoor Power Equipment Market, By Power Source
7.1 Y-o-Y Growth Comparison, By Power Source
7.2 Global Outdoor Power Equipment Market Share Analysis, By Power Source
7.3 Global Outdoor Power Equipment Market Size and Forecast, By Power Source
7.3.1 Fuel Powered
7.3.2 Electric Powered
7.3.3Others
8 Global Outdoor Power Equipment Market, By Functionality
8.1 Y-O-Y Growth Comparison, By Functionality
8.2 Global Outdoor Power Equipment Market Share Analysis, By Functionality
8.3 Global Outdoor Power Equipment Market Size and Forecast, By Functionality
8.3.1 Conventional Products
8.3.2 Connected/AI Enabled Products
9 Global Outdoor Power Equipment Market, By Region
9.1 Global Outdoor Power Equipment Market Share Analysis, By Region
9.2 Global Outdoor Power Equipment Market Share Analysis, By Region
9.3 Global Outdoor Power Equipment Market Size and Forecast, By Region
10 North America Outdoor Power Equipment Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Outdoor Power Equipment Market Share Analysis, By Equipment Type
10.3 North America Outdoor Power Equipment Market Size and Forecast, By Application
10.4 North America Outdoor Power Equipment Market Size and Forecast, By Power Source
10.5 North America Outdoor Power Equipment Market Size and Forecast, By Functionality
10.6 North America Outdoor Power Equipment Market Size and Forecast, By Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
11 Europe Outdoor Power Equipment Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Outdoor Power Equipment Market Share Analysis, By Equipment Type
11.3 Europe Outdoor Power Equipment Market Size and Forecast, By Application
11.4 Europe Outdoor Power Equipment Market Size and Forecast, By Power Source
11.5 Europe Outdoor Power Equipment Market Size and Forecast, By Functionality
11.6 Europe Outdoor Power Equipment Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Outdoor Power Equipment Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Outdoor Power Equipment Market Share Analysis, By Equipment Type
12.3 Asia Pacific Outdoor Power Equipment Market Size and Forecast, By Application
12.4 Asia Pacific Outdoor Power Equipment Market Size and Forecast, By Power Source
12.5 Asia Pacific Outdoor Power Equipment Market Size and Forecast, By Functionality
12.6 Asia Pacific Outdoor Power Equipment Market Size and Forecast, By Country
12.6.1 China
12.7.2 Japan
12.8.3 India
12.9.4. Rest of Asia Pacific
13 Latin America Outdoor Power Equipment Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Outdoor Power Equipment Market Share Analysis, By Equipment Type
13.3 Latin America Outdoor Power Equipment Market Size and Forecast, By Application
13.4 Latin America Outdoor Power Equipment Market Size and Forecast, By Power Source
13.5 Latin America Outdoor Power Equipment Market Size and Forecast, By Functionality
13.6 Latin America Outdoor Power Equipment Market Size and Forecast, Country
13.7.1. Brazil
13.8.2. Rest of Latin America
14 Middle East Outdoor Power Equipment Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Outdoor Power Equipment Market Share Analysis, By Equipment Type
14.3 Middle East Outdoor Power Equipment Market Size and Forecast, By Application
14.4 Middle East Outdoor Power Equipment Market Size and Forecast, By Power Source
14.5 Middle East Outdoor Power Equipment Market Size and Forecast, By Functionality
14.6 Middle East Outdoor Power Equipment Market Size and Forecast, By Country
14.7.1. Saudi Arabia
14.8.2. UAE
14.9.3. Egypt
14.10.4. Kuwait
14.11.5. South Africa
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Briggs & Stratton
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Deere & Company
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. HONDA
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Husqvarna
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Makita
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Robert Bosch
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Stanley Black & Decker
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 STIHL Group
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Techtronic Industries
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 The Toro Company
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategie