According to the research report, the global outdoor power equipment market was valued at USD 60,904.05 million in 2023 and is expected to reach USD 88,373.34 million by 2032, to grow at a CAGR of 4.1% during the forecast period.
Market Overview:
The outdoor power equipment market encompasses a wide range of tools and machinery designed for landscaping, gardening, and outdoor maintenance activities. These products include lawn mowers, chainsaws, trimmers, blowers, and snow removal equipment, among others. They cater to residential, commercial, and industrial users, offering solutions for maintaining lawns, gardens, and outdoor spaces efficiently.
Technological advancements, such as battery-powered and electric equipment, are driving the market towards more sustainable and user-friendly solutions. With increasing urbanization, rising interest in home gardening, and growing infrastructure development, the demand for outdoor power equipment is steadily rising.
Key Trends in the Outdoor Power Equipment Market
- Integration of Smart Technology
The integration of IoT and smart technology in outdoor power equipment is revolutionizing the market. Features like GPS tracking, automated scheduling, and mobile app controls are enhancing user experience and efficiency. - Increasing Demand for Multi-Functional Tools
Consumers are gravitating toward versatile, multi-functional tools that can perform various tasks. This trend has led to the development of equipment with interchangeable attachments, offering greater value and utility. - Focus on Lightweight and Ergonomic Designs
Manufacturers are prioritizing lightweight and ergonomic designs to improve user comfort and reduce fatigue. This trend is particularly significant in handheld equipment, where ease of use is a key factor for consumers. - Growth in E-Commerce and Online Sales
The expansion of e-commerce platforms has made outdoor power equipment more accessible to a wider audience. Consumers are increasingly relying on online channels to compare products, read reviews, and make informed purchasing decisions.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
Competitive Insight:
- AL-KO KOBER GROUP
- Andreas Stihl AG & Company KG
- Ariens Company
- Briggs & Stratton
- CHEVRON (China) Trading Co. Ltd.
- Deere & Company
- Emak S.p.A.
- Excel Industries Inc.
- HONDA
- Husqvarna
- Makita Corp
- MTD Holdings Inc.
Recent Developments in the Outdoor Power Equipment Market:
- May 2022: Toro Introduces Robotic Mower with Advanced Features
Toro announced the development of a new robotic mower, set to launch in spring 2023. This autonomous mower is powered by alternative energy and incorporates wireless navigation and vision-based localization systems, eliminating the need for traditional boundary wires. With theft-proof capabilities, the ability to navigate slopes, and efficient cutting performance, the mower offers a versatile and user-friendly solution for lawn care. - April 2022: Karcher Launches Autonomous Robotic Floor Scrubber
Karcher expanded its portfolio of autonomous products with the introduction of the KIRA B 100 R, an autonomous robotic floor scrubber powered by Brain Corporation’s Brain OS. Designed for use in various indoor public areas, this robot enhances Karcher’s lineup of intelligent cleaning solutions, offering efficient and automated floor scrubbing and maintenance capabilities.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Outdoor Power Equipment Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Outdoor Power Equipment Market, Equipment Outlook (Revenue – USD Million, 2019-2032)
- Mowers
- Saws
- Trimmers
- Edgers
- Blowers
- Backpack Blowers
- Handheld Blowers
- Tillers & Cultivators
- Others
Outdoor Power Equipment Market, Application Outlook (Revenue – USD Million, 2019-2032)
- Commercial
- Residential
Outdoor Power Equipment Market, Power Source Outlook (Revenue – USD Million, 2019-2032)
- Fuel
- Electric
Outdoor Power Equipment Market, Functionality Outlook (Revenue – USD Million, 2019-2032)
- Conventional Products
- Connection/AI Enabled Products
The outdoor power equipment market is evolving rapidly, driven by advancements in technology, sustainability initiatives, and changing consumer preferences. As trends such as smart integration, battery-powered tools, and robotic solutions gain momentum, the market is poised for significant growth. Whether for residential gardening or large-scale commercial projects, outdoor power equipment continues to play a vital role in enhancing efficiency and maintaining outdoor spaces.