Outdoor Power Equipment Industry Statistics Strategic Assessment and Global Expa

1. Market Analysis Market Research Future (MRFR) predicts the global outdoor power equipment market to exhibit a 5.22% CAGR from 2018 to 2025 (forecast period). The outdoor power equipment market is going through a gradual change from manual equipment to technically advanced and automated equipment. One such example is the robotic lawnmower. Worldwide, demand for alternative power sources, connected interfaces, and technology integration in outdoor power equipment is rising at a remarkable rate. As a result, companies are interested in developing fully and semi-autonomous landscaping and lawn equipment for both residential and commercial customers. Rising urbanization, infrastructure activities, and disposable income combined with growing investments from companies are among the factors that are projected to fuel demand for robotic lawn mowers and other advanced outdoor power equipment during the forecast period. Owing to rising environmental issues and the increasing number of strict government regulations related to carbon emissions, the outdoor power equipment industry is switching from fuel-powered to electric- powered equipment. The trend of electric and battery-powered equipment is not limited to hand-held equipment. Ride-on and heavy equipment like lawnmowers are increasingly available in a range of power sources, such as fuel and battery. The increasing demand from municipalities and companies to use green or environmentally friendly products for landscaping purposes is propelling the growth of electric-powered outdoor power tools in these sectors. Buy This Report Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=6446 Summary The global outdoor power equipment market is predicted to exhibit a 5.22% CAGR from 2018 to 2025 (forecast period). The rising adoption of battery-powered outdoor power equipment for maintaining lawns and gardening activities, increasing demand for landscaping services, and increasing interest of homeowners in gardening activities are the key factors driving the growth of the market. However, high maintenance costs and the availability of outdoor power equipment at lease are likely to hinder the growth of the industry. The market provides a range of opportunities for manufacturers to concentrate on the development of smart and connected outdoor power equipment. Market Segmentation The global outdoor power equipment industry has been segmented into products, power sources, and application. By product, the global outdoor power equipment market has been segmented into cordless and rope power tools. By power source, the global outdoor power equipment market has been segmented into electric, battery, and others. By applications, the global outdoor power equipment market has been segmented into household and commercial. Regional Analysis The segments covered in the global outdoor power equipment market report are analyzed concerning four main regions – North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). The market for Outdoor power equipment industry statistics in APAC is projected to rise at the highest level of CAGR during the forecast period. Increasing investment in residential and infrastructure markets is estimated to bolster the construction industry, which will, in turn, push the use of outdoor power equipment in APAC. Japan is home to several outdoor power equipment and small gas engines

2. manufacturers like Honda, Yamabiko, Fuji Heavy Industries, Kawasaki, and Yamaha. China is investing significantly in infrastructure development and urban planning. This investment in the construction sector is the key driver of the growth of the market. With increasing urbanization in India, there has been a high demand for outdoor power equipment that can support the construction industry in various urban development projects. COVID-19 Impact on the Global Outdoor Power Equipment Market With the advent of the COVID-19 pandemic in 2020, people are actively searching for advanced gardening tools and equipment due to the increasing emphasis on staying at home and maintaining social distancing. On the flip side, the elevated cost of maintaining these types of equipment would impede the growth of the industry. Key Players Major players in the outdoor power equipment market include Husqvarna (Sweden), Deere & Company (U.S.), Honda Motor Co., Ltd. (Japan), Blount International, Inc. (U.S.), The Toro Company (U.S.), STIHL Holding AG & Co. KG (Germany), Stanley Black & Decker Inc. (U.S.), Makita Corporation (Japan), MTD Products (U.S.), Emak S.p.A. (Italy), and Techtronic Industries Co. Ltd. (TTI) (Hong Kong). Browse Complete Report @ https://www.marketresearchfuture.com/reports/outdoor-power- equipment-market-6446 About Market Research Future: Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client. The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. Our Forte  Strong industry focus  Robust methodology  Tailor-made solutions  Disruptive research  Cutting-edge detailed reports  Competitive pricing  Domain expert researchers  Timely delivery  Ground-breaking approach  Advanced and transparent research methodology  Cover latest trends and innovations Contact Us:

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