Global Powered Outdoor Equipment Report 2023: Market Prospects Strongly Influenced by Construction Industry Trends – Forecasts to 2030

DUBLIN, Dec. 4, 2023 /PRNewswire/ — The “Powered Outdoor Equipment – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Powered Outdoor Equipment Market to Reach 165 Million Units by 2030

The global market for Powered Outdoor Equipment estimated at 115 Million Units in the year 2022, is projected to reach a revised size of 165 Million Units by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030. Gas-Fired Outdoor Grills, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach 42.9 Million Units by the end of the analysis period. Growth in the Walk Behind Power Mowers segment is estimated at 5.2% CAGR for the next 8-year period.

This report provides an introduction to the various types of outdoor appliances and tools within this sector, including outdoor grills, walk-behind power mowers, trimmers/brush cutters, chain saws, leaf blowers, riding mowers and lawn tractors, bug killers, hedge trimmers, riding garden tractors, rotary tillers, and snowthrowers.

The report highlights ongoing product innovations and advancements, with a growing emphasis on stylish and aesthetic designs. It projects steady growth in the POE industry over the coming years and examines macro factors influencing POE sales. Developed regions currently dominate the POE market, accounting for over two-thirds of sales volume, but developing countries hold strong growth potential.

The competitive scenario is explored, with a focus on leading players in the global lawn and garden power tools market, including Deere & Company, Husqvarna Group, MTD Products, The Toro Company, and others. Recent market activity is discussed, and the competitive market presence of players worldwide in 2022 is analyzed, categorizing them as strong, active, niche, or trivial in the market. The report also provides data on the global key competitors’ percentage market share in 2022.

The U.S. Market is Estimated at 45.5 Million Units, While China is Forecast to Grow at 6.2% CAGR

The Powered Outdoor Equipment market in the U.S. is estimated at 45.5 Million Units in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of 18.8 Million Units by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and trademarked research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Market Witnesses Soaring Demand for Rechargeable Battery Powered EquipmentLithium Ion Technology Meets the Demand for Efficient Battery Powered ToolsCordless Tools Evolve Amid Rising Importance of Li-Ion TechnologySmart Technology Makes Huge InroadsMulti-Tasking Equipment Gain ProminenceBug Killers: Improved Products Flood the MarketChanging Consumer Preferences Redesign the Product LandscapePlastic Gains Preference over MetalBattery Powered Chainsaws Score Over Electric & Gas Powered ChainsawsFeature Rich Chain Saws Gain ProminenceBreakthrough Advancements Enhance Demand for Leaf BlowersLow-Noise & Eco-Friendly Leaf Blowers Gain TractionProspects for Outdoor Grills and Accessories Remain UpbeatInnovation at its BestIncreasing Awareness of Spic-and-Span Surroundings Steers Wider Adoption of Walk-Behind Power MowersInnovations in the Lawn Mower SegmentHybrid Mowers: Balancing Environment and Consumer DemandsCordless Lawn Mowers Set to Make GainsRiding Mowers & Lawn Tractors: Technology Transition Powers the MarketGrowing Demand for ZTRsBattery-powered Riding Mowers Sense OpportunitiesRobotic Mowers Make InroadsA Snapshot of Select Popular Robotic Mowers in the MarketTrimmers/Brush Cutters Remain RelevantSustained Opportunities for Hedge TrimmersMarket Prospects Strongly Influenced by Construction Industry TrendsWorld Construction Industry (in US$ Trillion) for the Years 2020, 2021 & 2022Growth in the Global Construction Market by Sector: 2018-2022Global Construction Output by Country (2022): Breakdown of Construction Output (US$ Billion) and Percentage Change over 2018-2022Projected Growth in the Asian Construction Market by Region and Sector (2016-2024)Global Infrastructure Spending in US$ Billion (2014, 2016, 2018, 2020 & 2022)Global Infrastructure Spending Estimates by Sector (2015-2030) (in US$ Trillion)Demographic Trends Favor Market ExpansionWorld Urban Population in Millions: 1950-2050Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050Wealth Distribution of UHNW Individuals by Region (2019): Percentage Breakdown of Number and Wealth of UHNW Individuals for Africa, Asia-Pacific, Europe, Latin America & Caribbean, Middle East, and North AmericaRising Interest in Golf Offers Lucrative ProspectsReplacement Market: A Major Growth DriverLife Expectancy for Snowthrowers, Back-Pack Gasoline Leaf Blowers, Handheld Gasoline Leaf Blowers, Charcoal-Fired Outdoor Grills, Riding Lawn Mowers and Tractors, Gasoline-Based Power Mowers, Gas-Fired Outdoor Grills, and Electric-Fired Outdoor Grills (in Years)Environmental Concerns Pose a Major ChallengeMarketing and Distribution: An OverviewDistribution ChannelsMarketers Deal with More Diverse ConsumersE-Retailing Expands PresenceFast Evolving Role of mCommerce Widens Business ProspectsSmartphone Penetration Rate as Share of Total Population: 2016-2021

FOCUS ON SELECT PLAYERS (Total 248 Featured)

Corradi S.P.A.AirBoss Air Tools Co., Ltd.Andreas Stihl AG & Co. KGAmerican Lawn Mower CompanyApex Tool Group LLCBEFCO, Inc.Blount International, Inc.Cub CadetDraper Tools Ltd.Briggs & Stratton CorporationCraftsmanBigger Boyz Toyz Australia Pty LtdComifer SrlCAO HUNG TECHNICAL SERVICE TRADING COMPANY LIMITEDArboriculture Canada Training and Education Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/7bvbic

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