Outdoor Power Equipment Market Size Worth $ 88,373.34 Million By 2032 | CAGR: 4.1%

Outdoor Power Equipment Market Size Worth $88,373.34 Million By 2032 | CAGR: 4.1%


The global outdoor power equipment market size is expected to reach USD 88,373.34 million by 2032, according to a new study by Polaris Market Research. The report “Outdoor Power Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment; By Power Source (Fuel and Electric); By Application; By Functionality; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market encompasses a wide range of products used for various outdoor activities, including gardening, landscaping, and maintenance tasks. The market is driven by increasing urbanization, growing consumer interest in outdoor leisure activities, and the need for efficient and convenient equipment to streamline outdoor chores.

One key outdoor power equipment market trend is the shift towards electric-powered equipment. With a growing emphasis on sustainability and environmental consciousness, consumers are increasingly opting for electric alternatives to traditional fuel-powered equipment. Electric outdoor power equipment offers advantages such as reduced emissions, lower noise levels, and ease of use, making it a popular choice among residential and commercial users.

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Moreover, technological advancements have played a crucial role in shaping the market. Innovations such as robotic mowers, autonomous equipment, and wireless navigation systems have transformed outdoor tasks. These advancements have increased efficiency, productivity, and user experience, driving the market forward.

As the demand for efficient and eco-friendly outdoor power equipment continues to rise, the market is expected to grow further in the coming years. Manufacturers will focus on developing innovative and sustainable solutions to meet consumers' evolving needs and preferences in this dynamic market.

Outdoor Power Equipment Market Report Highlights

  • The mower segment is expected to dominate the market. Battery-powered mowers are in high demand due to their convenience, eliminating physical exertion and efficiently cutting sharp grasses.
  • The fuel segment is expected to have the largest market share due to the advantages of fuel-powered equipment, including easy starting, smooth operation, fuel efficiency, and consistent energy delivery, making them ideal for deforestation and wood-clearing tasks.
  • North America leads the market with extensive use of outdoor power equipment in residential and commercial sectors. Increasing consumer awareness, enhanced capabilities, and navigation features contribute to market growth, especially in large yard households.
  • The global key market players include 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., Robert Bosch, Schiller Ground Care, Stanley Black & Decker, STIHL Group, Techtronic Industries, The Toro Company (US), and Yamabiko Corp.

Polaris Market Research has segmented the outdoor power equipment market report based on equipment, power source, application, functionality, and region:

Outdoor Power Equipment, Equipment Outlook (Volume – Thousand Units, Revenue - USD Million, 2019 - 2032)

  • Mowers
  • Saws
  • Trimmers
  • Edgers
  • Blowers
    • Backpack Blowers
    • Handheld Blowers
  • Tillers & Cultivators
  • Others

Outdoor Power Equipment, Power Source Outlook (Volume – Thousand Units, Revenue - USD Million, 2019 - 2032)

  • Fuel
  • Electric

Outdoor Power Equipment, Application Outlook (Volume – Thousand Units, Revenue - USD Million, 2019 - 2032)

  • Commercial
  • Residential

Outdoor Power Equipment, Functionality Outlook (Volume – Thousand Units, Revenue - USD Million, 2019 - 2032)

  • Conventional Products
  • Connection/AI Enabled Products

Outdoor Power Equipment, Regional Outlook (Volume – Thousand Units, Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Outdoor Power Equipment Market Report Scope

Report Attributes

Details

Market size value in 2024

USD  63425.84 million

Revenue forecast in 2032

USD  88,373.34 million

CAGR

4.1% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Volume in Thousand Units, Revenue in USD million, and CAGR from 2024 to 2032

Segments Covered

By Equipment, By Power Source, By Application, By Functionality, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key Companies

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., Robert Bosch, Schiller Ground Care, Stanley Black & Decker, STIHL Group, Techtronic Industries, The Toro Company (US), and Yamabiko Corp.

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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