The global market for Powered Outdoor Equipment is estimated at 119.5 Million Units in 2023 and is projected to reach 165.0 Million Units by 2030, growing at a CAGR of 4.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the powered outdoor equipment market is driven by several factors, including technological advancements, increased interest in home gardening and landscaping, and rising consumer expectations for convenience and efficiency. Technological innovations, particularly in battery technology and smart features, have expanded the capabilities and appeal of these tools. Over the years there has been a surge in home improvement activities, with more people investing in their gardens and outdoor spaces, thereby increasing demand for high-quality powered equipment. Gardening is widely being adopted as a hobby due to its increasing advantages in real-estate price maintenance, thereby boosting growth for the outdoor powered equipment market. Furthermore, the trend towards eco-friendly and sustainable living has boosted the popularity of battery-powered tools, which offer a cleaner alternative to gasoline-powered counterparts. Additionally, professional landscaping services continue to grow, driven by urbanization and the need for well-maintained public and commercial spaces, further propelling market demand. The evolving consumer preferences for more efficient, quieter, and environmentally friendly tools underscore the ongoing expansion and innovation within the powered outdoor equipment market.
The growth in the powered outdoor equipment market is driven by several factors, including technological advancements, increased interest in home gardening and landscaping, and rising consumer expectations for convenience and efficiency. Technological innovations, particularly in battery technology and smart features, have expanded the capabilities and appeal of these tools. Over the years there has been a surge in home improvement activities, with more people investing in their gardens and outdoor spaces, thereby increasing demand for high-quality powered equipment. Gardening is widely being adopted as a hobby due to its increasing advantages in real-estate price maintenance, thereby boosting growth for the outdoor powered equipment market. Furthermore, the trend towards eco-friendly and sustainable living has boosted the popularity of battery-powered tools, which offer a cleaner alternative to gasoline-powered counterparts. Additionally, professional landscaping services continue to grow, driven by urbanization and the need for well-maintained public and commercial spaces, further propelling market demand. The evolving consumer preferences for more efficient, quieter, and environmentally friendly tools underscore the ongoing expansion and innovation within the powered outdoor equipment market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Gas-Fired Outdoor Grills segment, which is expected to reach 42.9 Million Units by 2030 with a CAGR of a 5.0%. The Walk Behind Power Mowers segment is also set to grow at 5.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at 47.2 Million Units in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach 18.8 Million Units by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Powered Outdoor Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Powered Outdoor Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Powered Outdoor Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Corradi S.P.A., AirBoss Air Tools Co., Ltd., Andreas Stihl AG & Co. KG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 248 Featured):
- Corradi S.P.A.
- AirBoss Air Tools Co., Ltd.
- Andreas Stihl AG & Co. KG
- American Lawn Mower Company
- Apex Tool Group LLC
- BEFCO, Inc.
- Blount International, Inc.
- Cub Cadet
- Draper Tools Ltd.
- Briggs & Stratton Corporation
- Craftsman
- Bigger Boyz Toyz Australia Pty Ltd
- Comifer Srl
- CAO HUNG TECHNICAL SERVICE TRADING COMPANY LIMITED
- Arboriculture Canada Training and Education Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADASPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
ARGENTINA
BRAZIL
MIDDLE EAST
AFRICA
Companies Mentioned
- Corradi S.P.A.
- AirBoss Air Tools Co., Ltd.
- Andreas Stihl AG & Co. KG
- American Lawn Mower Company
- Apex Tool Group LLC
- BEFCO, Inc.
- Blount International, Inc.
- Cub Cadet
- Draper Tools Ltd.
- Briggs & Stratton Corporation
- Craftsman
- Bigger Boyz Toyz Australia Pty Ltd
- Comifer Srl
- CAO HUNG TECHNICAL SERVICE TRADING COMPANY LIMITED
- Arboriculture Canada Training and Education Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 469 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 119.5 Million Units |
| Forecasted Market Value by 2030 | 165 Million Units |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
