Global Outdoor Power Equipment is valued approximately USD 21.6 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 3.2% over the forecast period 2019-2026. Outdoor Power Equipment is the outdoor power products used in the Lawns, Gardens, grasses, hedges, etc. Outdoor Power Equipment includes many kinds of machineries and tools. The growing trend toward investing more time in outdoor and gardening-related activities is driving the demand for lawn mowers. However, the rise in residential and commercial construction has led to increased demand for lawnmowers. Lawnmowers are widely used to maintain and decorate lawns, gardens, and yards across the world. With different types of lawn mowers available including walk-behind, riding lawn mowers, tractors, zero-turn-radius mowers, and robotic mowers, end users can maintain various types of landscapes. Hence, this increase the demand of outdoor power equipment market over the forecast period of 2019-2026.
The regional analysis of global Outdoor Power Equipment is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The North America is the leading region across the world. Factors such as rising population & urbanization, awareness towards go green for healthy life, increase in focus on innovations obtained from R&D and technology, witnessed to expand the growth of Outdoor Power Equipment market over the forecast period of 2019-2026.
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Companies Covered in this Report are:
Deere & Company
The Toro Company
Stanley Black & Decker
Techtronic Industries (TTI)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment Type:
Lawn Mowers, Saws
Trimmers & Edgers
Tillers & Cultivators
By Power Source:
Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Outdoor Power Equipment in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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