outdoor power equipment market size

Outdoor Power Equipment Market Research
Report By Forecast 2025
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2025
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)

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Outdoor Power Equipment Market Forecast To 2025
Outdoor Power Equipment Market Forecast To 2025
Increased use of power equipment in the construction sector in fast-developing countries is proving an impetus to
the global outdoor power equipment market. Market Research Future (MRFR) in latest study finds that the global
outdoor power equipment market is set to surpass a valuation of USD 28,900 Mn by the year 2025.
Advances in power equipment has increased their application range. Due to their high-performance capabilities,
preference for outdoor power equipment is on the upward trend. They are multipurpose tool used for drilling,
reconstruction, lawns maintenance etc.

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Outdoor Power Equipment Market Forecast To 2025
“Taste the market data and market information presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on Internet of Outdoor Power Equipment Market Forecast To 2025”
• Macroeconomic factors such as rising disposable income, improving standard of living and growth the housing
section are influencing the global outdoor power equipment market Size. Rapid industrialization and urbanization
in countries such China, Brazil and India has opened new growth avenues for market players. Governments in
these countries are investing on infrastructural development which is influencing the market to a significant
extent. Demand for outdoor power equipment is also on the rise owing to increased construction activities for
developing new stadiums, airports, residential estates, educational institutions among others. Sanctioning of
mega infrastructural development projects in line with smart city initiatives is also a viewed as an important
market driver.

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Outdoor Power Equipment Market Forecast To 2025
Global Outdoor Power Equipment Market Segmented on the basis of
MRFR’s report includes a comprehensive segmental analysis of the market on the basis of product and
power source.
Based on product, the market has been segmented into rope power tools and cordless tools. It is
projected that the cordless tool segment will witness a healthy growth during the assessment period. The
segment is expected to demonstrate 5.41% CAGR till 2025. Cordless tools are easy to maintain and offer
convenience and thereby witnessing a strong demand. Based on power source, the market has been
segmented into battery, electric and other. In terms of value, the electric segment currently commands
the lion’s share of the market and the trend is expected to continue throughout the assessment period.
The segments growth is due to widespread usage of electric powered tools. In 2017, the electric segment
represented more than 47% share of the market in terms of value. During the assessment period, the
segment is expected to post a CAGR of 5.45%.

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Outdoor Power Equipment Market Forecast To 2025
Global Outdoor Power Equipment Market - Geographical Analysis
On the basis of region, the market has been segmented into Europe, Asia Pacific (APAC), North America and Rest
of the World (RoW). North Americas represents a standout share of the global outdoor power equipment market.
The global outdoor power equipment market is expected to be dominated by North America during the forecast
period. A higher number of individuals are inclining towards the do-it-yourself trend, which is creating market
opportunities. Demand for lightweight tools is expected to remain high during the forthcoming years.
Europe is also expected to remain a key destination for market as it commands a considerable share of the global
market. Countries such as Germany, France and United Kingdom are expected to make healthy contribution of the
Europe market in terms of revenue.
APAC is touted as an emerging market for outdoor power equipment. The market in APAC is projected to exhibit a
CAGR of 5.36% during the assessment period. Growth of the construction section and increased product
penetration are some of the factors supporting the market growth in APAC.
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Outdoor Power Equipment Market Forecast To 2025
Global Outdoor Power Equipment Market - Competitive Analysis
• Vb Emak S.p.A. (Italy), The Toro Company (U.S.), Blount International, Inc. (U.S.)¸ Deere & Company (U.S.), STIHL
Holding AG & Co. KG (Germany), Makita Corporation (Japan), Techtronic Industries Co. Ltd. (TTI) (Hong Kong),
Honda Motor Co., Ltd. (Japan), Stanley Black & Decker Inc. (U.S.), Husqvarna (Sweden) and MTD Products (U.S.)
are some of the key companies profiled in MRFR’s report.
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