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OUTDOOR POWER EQUIPMENT MARKET TO REACH $43.77 BY 2028, INVENTION AND APPLICATION OF NEW TECHNOLOGIES LEADING TO THE DEVELOPMENT OF A NEW GENERATION OF OUTDOOR POWER EQUIPMENT - ARIZTON

CHICAGO, March 23, 2023 /PRNewswire/ -- According to Arizton's latest research report, the outdoor power equipment market to grow at a CAGR of 5.36% during 2022-2028

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BROWSE IN-DEPTH TOC ON THE "OUTDOOR POWER EQUIPMENT MARKET"  

103- Tables  
97 - Figures  
284 – Pages  

Outdoor power equipment is gaining popularity among a wide range of end-user segments because it reduces the time required by traditional outdoor equipment for lawn care and gardening tasks. Furthermore, by significantly improving business models and operation techniques, the market can gain traction, which will be supported by stringent protocols and corporate policies. As a result, outdoor power equipment has become an important part of the garden and yard maintenance equipment industry. Furthermore, as people become more interested in gardening and lawn care, the demand for landscaping services rises, propelling the outdoor power equipment market growth.

Lawn mowers are integrated with AI technologies to maximize productivity and minimize effort. AI-powered lawn mowers understand the operating environment and act accordingly. smart technology enables the equipment to decide and determine the best mowing path. Moreover, several vendors explore IoT to streamline manufacturing processes and supply chain management (SCM) and deliver a personalized customer experience.

Different consumer demands frequently drive technological advancements. Manufacturers contribute to R&D solutions in order to meet consumer demands and adapt to changing market conditions. Outdoor power equipment improved over the last few years with the invention and application of new technologies, leading to the development of a new generation of outdoor power equipment.

OUTDOOR POWER EQUIPMENT MARKET REPORT SCOPE

REPORT ATTRIBUTES

DETAILS

Market Size (2028)

USD 43.77 Billion

Market Size (2022)

USD 32 Billion

CAGR (2022-2028)

5.36 %

Base Year

2022

Forecast Year

2023-2028

Market Segments

Equipment Type, Power Source, End-User, Category, Distribution Channel, and Geography

Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Countries Covered

The US, Canada, the UK, Germany, France, Italy, Spain, Sweden, Netherlands, Belgium, Poland, Switzerland, Finland, Austria, China, Australia, Japan, South Korea, India, Brazil, Mexico, Argentina, Saudi Arabia, the UAE, and Saudi Africa

Largest Market

North America

 

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To ensure the seamless delivery of proactive services and improve customer experience, there is an increase in spending and the development of IoT. According to numerous studies, few businesses across industries have a large budget for IoT investments. However, as the use of smart devices increases, the investment is anticipated to grow year over year (YoY), creating significant growth opportunities for market vendors in the global outdoor power equipment market.

INCREASING DEMAND FOR LANDSCAPING SERVICES & GARDEN MAINTENANCE

The popularity of gardening and landscaping services is rising in the US to provide an aesthetic appeal to commercial and residential lawns and gardens. Outdoor power equipment is used to maintain commercial and residential gardens as well as landscaping equipment.Furthermore, the building & construction industry indirectly contributes to the increased demand for landscaping facilities.

Between 2017 and 2022, the landscaping industry across the US witnessed a growth of over 4% per year, which is expected to drive the need for outdoor power equipment, such as lawnmowers, leaf blowers, trimmers, and brush cutters, in the upcoming years.

CUSTOMIZATION AVAILABLE   

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VENDOR INSIGHTS

Market leaders are currently emphasizing on adopting energy-efficient goods due to the trend of using less carbon energy sources. This can be due to a growth in environmental issues, such as global warming and gasoline or exhaust emissions. Manufacturers recognize various demand conditions while setting certain goals for profitability and use capital resources effectively. The current situation drives vendors to adapt and improve their unique value propositions to attain a strong market presence.

One of the main approaches that industry participants adopt is the launch of differentiated products and technologies for various application segments. Thus, companies aim to deliver a competitive product range, fulfilling the growth in the demand and expectation of target market consumers. Key manufacturers expand their product line-up in their business segments by launching various innovative techniques, thereby gaining an edge over their competitors.

KEY COMPANY PROFILES

  • Husqvarna
  • Deere & Company
  • Honda Motor Company
  • Stanley Black & Decker
  • The Toro Company
  • Robert Bosch
  • ARIENS CO
  • STIGA S.p.A
  • Makita
  • STIHL
  • Techtronic Industries
  • Snow Joe
  • Einhell
  • Masport
  • Greenworks Tools
  • Emak S.p.A
  • Generac Power Systems
  • Briggs & Stratton
  • SUMEC Group Corporation
  • WEN Products
  • ECHO

MARKET SEGMENTATION

Equipment Type

  • Lawn Mowers
  • Chainsaws
  • Snow Blowers
  • Tillers
  • Trimmers
  • Leaf Blowers
  • Others

Power Source

End-User

Category

Distribution Channel

Geography

  • North America
  • Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Sweden
    • Netherlands
    • Belgium
    • Poland
    • Switzerland
    • Finland
    • Austria
  • APAC
    • China
    • Australia
    • Japan
    • South Korea
    • India
  • Latin America
  • Middle East & Africa
    • Saudi Arabia
    • The UAE
    • Saudi Africa

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TABLE OF CONTENT 

 1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.4 MARKET SEGMENTATION

4.4.1 MARKET SEGMENTATION BY EQUIPMENT TYPE

4.4.2 MARKET SEGMENTATION BY POWER SOURCE

4.4.3 MARKET SEGMENTATION BY END-USER

4.4.4 MARKET SEGMENTATION BY CATEGORY

4.4.5 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

4.4.6 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 MARKET AT A GLANCE

7 PREMIUM INSIGHTS

7.1 OVERVIEW

7.2 MARKET TRENDS & OPPORTUNITIES

7.2.1 INCREASED CONSTRUCTION ACTIVITIES

7.2.2 ADOPTION OF SUSTAINABLE EQUIPMENT

7.2.3 DEMAND FOR LANDSCAPING SERVICES & GARDEN MAINTENANCE

7.3 SEGMENTATION ANALYSIS

7.3.1 POWER SOURCE

7.3.2 END-USER

7.3.3 CATEGORY

7.4 GEOGRAPHICAL ANALYSIS

7.5 COMPETITIVE LANDSCAPE

8 INTRODUCTION

8.1 OVERVIEW

8.2 COMMERCIAL VS. RESIDENTIAL OUTDOOR POWER EQUIPMENT

8.3 CONSTRUCTION INSIGHTS

8.4 CONSUMER BEHAVIOUR

8.5 VALUE CHAIN ANALYSIS

8.5.1 OVERVIEW

8.5.2 RAW MATERIAL & COMPONENT SUPPLIERS

8.5.3 MANUFACTURERS

8.5.4 DEALERS/DISTRIBUTORS

8.5.5 RETAILERS

8.5.6 END-USERS

8.6 IMPORT & EXPORT ANALYSIS

8.6.1 LAWN MOWERS

8.6.2 CHAINSAWS

8.6.3 SNOW BLOWERS

9 MARKET OPPORTUNITIES & TRENDS

9.1 TECHNOLOGY INTEGRATION FOR PRODUCT EFFICIENCY

9.2 DEMAND FOR AUTOMATED EQUIPMENT

9.3 DEMAND FOR LANDSCAPING SERVICES & GARDEN MAINTENANCE

10 MARKET GROWTH ENABLERS

10.1 ADOPTION OF SUSTAINABLE EQUIPMENT

10.2 GROWTH IN MANUFACTURER-LED PROGRAMS

10.3 INCREASED COMMERCIAL CONSTRUCTION ACTIVITIES

11 MARKET RESTRAINTS

11.1 IRREGULAR RAW MATERIAL PRICES

11.2 UPSURGE IN USE OF ARTIFICIAL GRASS

11.3 SHORTAGE OF SKILLED & QUALIFIED LABORERS

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 FIVE FORCES ANALYSIS

12.2.1 THREAT OF NEW ENTRANTS

12.2.2 BARGAINING POWER OF SUPPLIERS

12.2.3 BARGAINING POWER OF BUYERS

12.2.4 THREAT OF SUBSTITUTES

12.2.5 COMPETITIVE RIVALRY

13 EQUIPMENT TYPE

13.1 MARKET OVERVIEW

13.2 LAWN MOWERS

13.2.1 MARKET OVERVIEW

13.3 CHAINSAWS

13.3.1 MARKET OVERVIEW

13.4 SNOW BLOWERS

13.4.1 MARKET OVERVIEW

13.5 TILLERS

13.5.1 MARKET OVERVIEW

13.6 TRIMMERS

13.6.1 MARKET OVERVIEW

13.7 LEAF BLOWERS

13.7.1 MARKET OVERVIEW

13.8 OTHERS

13.8.1 MARKET OVERVIEW

14 POWER SOURCE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 ICE

14.3.1 MARKET OVERVIEW

14.3.2 MARKET BY GEOGRAPHY

14.4 CORDLESS

14.4.1 MARKET OVERVIEW

14.4.2 MARKET BY GEOGRAPHY

14.5 CORDED

14.5.1 MARKET OVERVIEW

14.5.2 MARKET BY GEOGRAPHY

15 END-USER

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 COMMERCIAL

15.3.1 MARKET OVERVIEW

15.3.2 MARKET BY GEOGRAPHY

15.4 RESIDENTIAL

15.4.1 MARKET OVERVIEW

15.4.2 MARKET BY GEOGRAPHY

16 CATEGORY

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 MARKET OVERVIEW

16.3 MASS

16.3.1 MARKET OVERVIEW

16.3.2 MARKET BY GEOGRAPHY

16.4 PREMIUM

16.4.1 MARKET OVERVIEW

16.4.2 MARKET BY GEOGRAPHY

17 DISTRIBUTION CHANNEL

17.1 MARKET SNAPSHOT & GROWTH ENGINE

17.2 MARKET OVERVIEW

17.3 OFFLINE

17.3.1 MARKET OVERVIEW

17.3.2 DEALERS & DISTRIBUTORS

17.3.3 SPECIALTY STORES

17.3.4 MASS MARKET PLAYERS

17.3.5 MARKET BY GEOGRAPHY

17.4 ONLINE

17.4.1 MARKET SIZE & FORECAST

17.4.2 DIRECT SALES

17.4.3 THIRD-PARTY SALES

17.4.4 MARKET BY GEOGRAPHY

18 GEOGRAPHY

18.1 MARKET SNAPSHOT & GROWTH ENGINE

18.2 GEOGRAPHIC OVERVIEW

19 NORTH AMERICA

19.1 MARKET OVERVIEW

19.2 POWER SOURCE

19.2.1 MARKET SIZE & FORECAST

19.3 END-USER

19.3.1 MARKET SIZE & FORECAST

19.4 CATEGORY

19.4.1 MARKET SIZE & FORECAST

19.5 DISTRIBUTION CHANNEL

19.5.1 MARKET SIZE & FORECAST

19.6 KEY COUNTRIES

19.6.1 US: MARKET SIZE & FORECAST

19.6.2 CANADA: MARKET SIZE & FORECAST

20 EUROPE

20.1 MARKET OVERVIEW

20.2 POWER SOURCE

20.2.1 MARKET SIZE & FORECAST

20.3 END-USER

20.3.1 MARKET SIZE & FORECAST

20.4 CATEGORY

20.4.1 MARKET SIZE & FORECAST

20.5 DISTRIBUTION CHANNEL

20.5.1 MARKET SIZE & FORECAST

20.6 KEY COUNTRIES

20.6.1 UK: MARKET SIZE & FORECAST

20.6.2 GERMANY: MARKET SIZE & FORECAST

20.6.3 FRANCE: MARKET SIZE & FORECAST

20.6.4 ITALY: MARKET SIZE & FORECAST

20.6.5 SPAIN: MARKET SIZE & FORECAST

20.6.6 SWEDEN: MARKET SIZE & FORECAST

20.6.7 NETHERLANDS: MARKET SIZE & FORECAST

20.6.8 BELGIUM: MARKET SIZE & FORECAST

20.6.9 POLAND: MARKET SIZE & FORECAST

20.6.10 SWITZERLAND: MARKET SIZE & FORECAST

20.6.11 FINLAND: MARKET SIZE & FORECAST

20.6.12 AUSTRIA: MARKET SIZE & FORECAST

21 APAC

21.1 MARKET OVERVIEW

21.2 POWER SOURCE

21.2.1 MARKET SIZE & FORECAST

21.3 END-USER

21.3.1 MARKET SIZE & FORECAST

21.4 CATEGORY

21.4.1 MARKET SIZE & FORECAST

21.5 DISTRIBUTION CHANNEL

21.5.1 MARKET SIZE & FORECAST

21.6 KEY COUNTRIES

21.6.1 CHINA

21.6.2 AUSTRALIA

21.6.3 JAPAN

21.6.4 SOUTH KOREA

21.6.5 INDIA

22 LATIN AMERICA

22.1 MARKET OVERVIEW

22.2 POWER SOURCE

22.2.1 MARKET SIZE & FORECAST

22.3 END-USER

22.3.1 MARKET SIZE & FORECAST

22.4 CATEGORY

22.4.1 MARKET SIZE & FORECAST

22.5 DISTRIBUTION CHANNEL

22.5.1 MARKET SIZE & FORECAST

22.6 KEY COUNTRIES

22.6.1 BRAZIL

22.6.2 MEXICO

22.6.3 ARGENTINA

23 MIDDLE EAST & AFRICA

23.1 MARKET OVERVIEW

23.3 POWER SOURCE

23.3.1 MARKET SIZE & FORECAST

23.4 END-USER

23.4.1 MARKET SIZE & FORECAST

23.5 CATEGORY

23.5.1 MARKET SIZE & FORECAST

23.6 DISTRIBUTION CHANNEL

23.6.1 MARKET SIZE & FORECAST

23.7 KEY COUNTRIES

23.7.1 SAUDI ARABIA

23.7.2 UAE

23.7.3 SOUTH AFRICA

24 COMPETITIVE LANDSCAPE

24.1 COMPETITION OVERVIEW

25 KEY COMPANY PROFILES

25.1 DEERE & COMPANY

25.1.1 BUSINESS OVERVIEW

25.1.2 PRODUCT OFFERINGS

25.1.3 KEY STRATEGIES

25.1.4 KEY STRENGTHS

25.1.5 KEY OPPORTUNITIES

25.2 HONDA MOTOR COMPANY

25.3 HUSQVARNA

25.4 ROBERT BOSCH

25.5 STANLEY BLACK & DECKER

25.6 THE TORO COMPANY

26 OTHER PROMINENT VENDORS

26.1 ARIENS COMPANY (ARIENSCO)

26.1.1 BUSINESS OVERVIEW

26.1.2 PRODUCT OFFERINGS

26.2 BRIGGS & STRATTON

26.3 ECHO

26.4 EINHELL

26.5 EMAK GROUP

26.6 GENERAC POWER SYSTEMS

26.7 GREENWORKS TOOLS

26.8 MASPORT

26.9 MAKITA

26.10 SNOW JOE

26.11 STIHL

26.12 STIGA GROUP

26.13 SUMEC GROUP CORPORATION

26.14 TECHTRONIC INDUSTRIES

26.15 WEN PRODUCTS

27 REPORT SUMMARY

27.1 KEY TAKEAWAYS

27.2 STRATEGIC RECOMMENDATIONS

28 QUANTITATIVE SUMMARY

28.1 MARKET BY GEOGRAPHY

28.2 MARKET BY POWER SOURCE

28.3 MARKET BY CATEGORY TYPE

28.4 MARKET BY END-USER

28.5 MARKET BY DISTRIBUTION CHANNEL

29 APPENDIX

29.1 ABBREVIATIONS

ABOUT US:         

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.       

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.        

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.        

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SOURCE Arizton Advisory & Intelligence

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