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Outdoor Power Equipment Market is projected to grow at a CAGR of 3.50% during the forecast period from 2021 to 2030 | Deere & Company (U.S.), Honda Motor Co., Ltd. (Japan), Blount International, Inc. (U.S.)

Scope of the Global Outdoor Power Equipment Market

Outdoor Power Equipment Market was estimated to value USD 23,347 million in 2021 and is projected to grow at a CAGR of 3.50% during the forecast period from 2021 to 2030. Outdoor power equipment is mostly used for outdoor activities like landscaping, gardening, and maintenance of the property. Outdoor Power Equipment Market is expected to evolve as one of the most lucrative business spaces across the globe. The research report is inclusive of the various driving factors that will boost this market over the forecast period. The research study forecasts the outdoor power equipment market to garner various vital proceeds by the end of the predicted period while registering a high CAGR over the predicted duration.

The research report studies the global market outlook and status of the global and regional markets, from the angle of regions, market players, product types, and end industries. This study analyzes the leading players in the global market and major regions and splits the global market by product type and applications/end industries. The “Global Outdoor Power Equipment Market Analysis” is a specialized and detailed study of the target industry with a special focus on the global market trend study. The report aims to offer an overview of the global market with thorough market segmentation by product type, application, and geographical regions.

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Competitive Landscape: Global Outdoor Power Equipment Market

The report offers key growth strategies being adopted in the global market as organic and inorganic growth strategies. Several companies are emphasizing on organic growth strategies such as product approvals, product launches, and others, such as events and patents. Inorganic growth strategies observed in the industry are partnerships and collaborations & acquisitions. These strategies have paved way for the expansion of the consumer base and business of the market players. The report also covers the profiles of major companies along with their SWOT analysis and strategies are

Major Companies operating in Outdoor Power Equipment Market –

  • 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)
  • Techtronic Industries Co. Ltd. (TTI) (Hong Kong)

Understanding Segmentation: Global Outdoor Power Equipment Market

This research report identifies the highest revenue-generating segments and major market areas for the global industry. An analysis of the regulatory approvals for outdoor power equipment products and the emergence of next-generation technologies is also offered, in addition to their impact on market trends over the forecast period. The report highlights the dynamics of the global industry and the sub-segments of the outdoor power equipment market.

by Equipment Type (Lawn Movers, Riding Lawn Movers, Non-Riding Movers, Chainsaws, Trimmers & Edgers, Blowers, Snow Throwers, Tillers & Cultivators, Others),

by Application (Residential/DIY, Commercial),

by Power Source (Fuel Powered, Electric Powered), Functionality (Connected/Smart, Conventional)

Regional Analysis of the Global Outdoor Power Equipment Market

The report delivers an in-depth overview of the industry such as both qualitative and quantitative information. It offers an overview and forecast of the global outdoor power equipment market based on various segments. It also delivers market size and forecast estimates from the years 2021 to 2030 with respect to five key regions. The each region of the market is later sub-segmented by other regions.

The report covers the study and forecast of sub-countries globally along with the recent trend and opportunities prevailing in the region. The major regions included in the market study are North America (the United States, Canada, and Mexico), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), Europe (Germany, UK, Russia, France, and Italy), South America (Brazil, Argentina, Colombia, etc.), and the Middle East & Africa (UAE, Egypt, Nigeria, Saudi Arabia, and South Africa).

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The study objectives of this report are:

  • To know comprehensive information regarding the key factors impacting the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
  • To understand the structure of the global outdoor power equipment market by identifying its various sub-segment.
  • To analyse and study the global outdoor power equipment market size (value & volume) by major regions/countries, company, products and application, past data from 2021 and forecast to 2030.
  • Focuses on the key global outdoor power equipment market manufacturers, to define, describe and analyze the sales value, volume, market competition scenario, market share, SWOT analysis, and development plans for the forecast period.

Conclusion:

The major aim of this report is to give insightful analyses of the market shares and a detailed understanding of the worldwide market and its commercial landscape. This report gives comprehensive information about major issues, production processes, and solutions to mitigate the growing risk.

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