Outdoor Power Equipment Market is Expected to Reach ＄4.1 Billion in 2031

Outdoor power equipment uses compact engines or small motors for functioning. If the equipment is used specifically for outdoor services, then it is referred to as outdoor power equipment. The outdoor power equipment generally includes, brush cutters, edgers, chain saws, power rakes, and more. Outdoor power equipment has major applications in both, residential and commercial sectors. Outdoor power equipment is commonly used by end users, such as lawn & plant care providers and landscape service providers, for commercial purposes. The end users that use outdoor power equipment for residential purposes are do-it-yourself (DIY) enthusiasts and homeowners. The most widely used outdoor power equipment is the lawn mower.

The outdoor power equipment market is experiencing a shift toward advanced and innovative equipment. The prominent example is the robotic lawn mower. The demand for alternative sources of power and more optimized equipment is rising gradually. Currently, electric lawn mowers and robotic outdoor power equipment are widely used in the market. While the robotic lawn mowers are still at the establishing stage, electric lawn mowers have proved to be cost-efficient and provide the required torque for landscaping activities. Manufacturing companies are focusing on developing fully and semi-automatic lawn equipment for both, commercial and residential customers.

The rising demand for quality outdoor power equipment is expected to fuel the market growth in the next few years. Moreover, the growth in the construction industry can be accountable for the growth of the outdoor power equipment market. The immense construction activities in these emerging nations striving to build smart cities that can attract tourists are likely to improve the demand for outdoor power equipment in the market.

The outdoor power equipment market forecast is segmented on the basis of type, power source, functionality, application, and region. On the basis of type, it is segmented into lawn mowers, saws, trimmers & edgers, blowers, snow throwers, tillers & cultivators, and others. On the basis of power source, the market is bifurcated into fuel powered and electric powered. On the basis of functionality, it is segmented into connected/smart and conventional. In addition, on the basis of application, the market is segmented into residential and commercial.

Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Europe and Asia-Pacific.

The lawn mower segment dominates the global outdoor power equipment market. Lawnmower is a machine utilizing one or more revolving blades to cut a grass surface to an even height. Most common self-contained power source for lawnmowers is a small internal combustion engine. Smaller lawnmowers often lack any form of propulsion and require human power to move over the surface to guide them. Lawnmowers are widely used globally for chopping, trimming or mowing grass patches, fields, lawns, and gardens to ensure that the grass is well groomed and grows at an even, appropriate height. The increase in the development of parks and small scale gardens in the residential building and in cities to curb the effect of pollution have led to increase in demand for lawnmowers to make the parks and gardens look pleasant. The increase in investment among the individuals in personal dwelling place with garden has boosted the growth of the market. The presence of above mentioned factors is expected to provide ample opportunities for the development of the market.

The residential segment dominates the global outdoor power equipment market. Outdoor power equipment are widely used in the residential sector for gardening purpose. Gardening is the practice of growing and cultivating plants as a part of horticulture. In gardens, ornamental plants are often grown for their flowers, foliage, or overall appearance. Gardening requires tools such as lawnmower, rotary tiller, string trimmers, hedge trimmer, leaf blower, and lawn edgers, which are powered by gasoline or electric motor. The development and interest of people towards horticulture and other kinds of gardening have stimulated the growth of the outdoor power equipment market. The presence of environmental benefits, such as plants can absorb any chemicals, bacteria, or harmful elements floating on the breeze has led to increase in interest among the people towards gardening. It also provides a medium to turn the harmful elements into useful waste products, such as oxygen and water. Plant roots can take in any errant chemicals or heavy metals that might be lurking in the soil. The presence of these advantages and increasing awareness among the people regarding the benefits brought through gardening led to the investment of gardening area in residential building areas. The presence of the above mentioned advantages for residential building through gardening will provide ample opportunities for the development of the market. 

The conventional segment dominates the global outdoor power equipment market. Conventional outdoor power equipment are the power tools, which are used in the gardening and construction industry. These power tools are mostly powered by the gasoline or are powered through electricity through long wire cable. This conventional outdoor power equipment is widely used for some landscaping or spruce up garden. The ban over the gas fired equipment in most of the developed and developing countries is expected to have a negative impact on the development of the market in the coming years. The growing interest among people towards gardening and beautifying the residential areas has driven the growth of the outdoor power equipment market. Increase in awareness among the people regarding global warming and the advantages of the gardening over the environment and society have a positive impact on the development of the market.