Which country has the largest outdoor power equipment market in ?
North America dominated the global market with a share of 51.51% in . The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by , driven by the rising demand for battery-powered equipment for landscaping and gardening services.
What is the global outdoor power equipment (Ope) market size?
Explore our premium consulting services designed to help you gain a competitive edge. The global Outdoor Power Equipment (OPE) market size was valued at USD 35.51 billion in . The market is projected to grow from USD 37.36 billion in to USD 54.24 billion by , exhibiting a CAGR of 5.47% during the forecast period.
How big is the outdoor power equipment market?
The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by , driven by the rising demand for battery-powered equipment for landscaping and gardening services. Outdoor Power Equipment consist of small motors or engines primarily used for exterior service.
What is outdoor power equipment?
Outdoor power equipment includes lawn mowers, blowers, chainsaws, trimmers and other landscaping tools that are powered by small engines. brisk economic growth and rising disposable incomes have supported higher consumer spending on lawn and garden products over the past few years.
How is outdoor power equipment market segmented?
Outdoor Power Equipment Market is segmented By Power Source (Gasoline, Battery, Electric Corded), By Equipment (Lawnmower, Chainsaw, Trimmer, Blowers, Others), By End-use (Residential, Commercial, Government), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa).
What is the difference between commercial and outdoor power equipment?
While commercial operations focus more on productivity, personal interests and pride in outdoor presentations stimulate residential demand. The outdoor power equipment market is expanding steadily, driven by rising demand for landscaping services and gardening projects across both residential and commercial sectors.
What are the outdoor power supplies with inflated prices
Nov 16, Supply chain constraints, general inflation, and strong demand for equipment caused prices of equipment to increase significantly since . Who makes outdoor power
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Covid-19 impact: Halt in Industrial Productions Will Impede The DemandLatest TrendsOutdoor Power Supply Market SegmentationDriving FactorsRestraining FactorsKey Industry PlayersList of Top Outdoor Power Supply CompaniesReport Coverage"Rising Urbanization Will Lead to Market Demands." The market for outdoor power supplies is anticipated to rise as a result of factors like rising urbanization, disposable income, and infrastructure development, as well as rising demand for landscaping services. Additionally, as people become more conscious of environmental concerns and realize howSee more on businessresearchinsights.commarkwideresearch.com
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