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Outdoor Power Equipment Market share, size 2019 global growth, new updates, trends, opportunities, industry expansion, challenges and forecasts till 2024

A fresh report titled on “Outdoor Power Equipment Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements.

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The Global Outdoor Power Equipment Market is estimated to grow from US$ 22.3 Billion in 2019 to US$ 26.1 Billion by 2024, at a CAGR of 3.2%. This report spread across 161 pages, profiling 10 companies and supported with 64 tables and 55 figures is now available in this research.

Top Companies profiled in the Outdoor Power Equipment Market:

  • Husqvarna Group (Sweden)
  • Deere & Company (US)
  • Honda Motor Co. Ltd. (Japan)
  • The Toro Company (US)
  • Andreas Stihl AG & Company KG (Germany)
  • MTD Products (US)
  • Ariens Company (US)
  • Yamabiko Corporation (Japan)
  • Stanley Black & Decker Inc. (US)
  • Techtronic Industries (Hong kong)
  • Briggs & Stratton Corporation (US)
  • STIGA S.p.A. (Italy)
  • AL-KO kober Group (Germany)
  • Robert Bosch (Germany)
  • Emak S.p.A. (Italy)

 

“Fuel-powered equipment to hold the largest market for outdoor power equipment from 2019 to 2024”

Fuel-powered outdoor power equipment is expected to lead the outdoor power equipment market from 2019 to 2024. However, the demand for electric-powered equipment is expected to grow at a higher rate owing to the increasing demand for do-it-yourself (DIY) techniques among household consumers. The commercial application segment is dominated by fuel-powered equipment; however, manufacturers are introducing battery-operated equipment for commercial applications. Most of the fuel-powered equipment are equipped with small gas engines. Gas-powered equipment have the power to handle any size of lawn and challenging terrain and conditions, including tall thick grass.

 

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“Market for electric-powered equipment to grow at highest CAGR during forecast period“

Currently, the outdoor power equipment market is dominated by fuel-powered equipment. However, environmental concerns and government regulations for emissions in fuel-powered equipment, along with innovation in battery-operated products, are boosting the demand for electric-powered outdoor equipment, especially for cordless equipment. Corded electric-powered equipment are plug-n-play tools, whereas cordless tools are easy to operate, efficient, and handy.

 

Breakdown of primary participants’ profile:

  • By Company Type –Tier 1 – 57%, Tier 2 – 23%, and Tier 3 – 20%
  • By Designation – C-level Executives – 44%, Directors– 38%, and Others – 18%
  • By Region– North America – 40%, Europe – 32%, APAC – 18%, and RoW –10%

 

Competitive Landscape of Outdoor Power Equipment Market:

1 Overview

2 Ranking Analysis : Outdoor Power Equipment Market

3 Competitive Leadership Mapping of Global Outdoor Power Equipment Market, 2018

3.1 Introduction

3.1.1 Visionary Leaders

3.1.2 Dynamic Differentiators

3.1.3 Innovators

3.1.4 Emerging Companies

3.2 Competitive Leadership Mapping

4 Strength of Product Portfolio

5 Business Strategy Excellence

6 Competitive Scenario

6.1 Product Launches

6.2 Acquisitions

6.3 Business Expansions

6.4 Partnerships and Collaborations

 

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