The Outdoor Power Equipment research report offers qualitative and quantitative analysis of the industry by offering accurate market size and forecast from 2019-2016. The research gives assistance to identify market opportunities and the latest trends. This market report covers a wide spectrum across geography coupled with key segments of the industry that assist the competitors to get a glimpse about the trends of the market. The industry report provides key benefits for the stakeholders that include a comprehensive and competitive analysis of the factors that boost along with stumbling blocks of the market. Global Outdoor Power Equipment market report throws light on the key players and strategies to make understand the competitive environment of the industry.
Global Outdoor Power Equipment Market is set to witness a steady CAGR of 3.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Outdoor power equipment are used both for the commercial and residential applications. Some of the common types of outdoor power equipment are lawn mowers, saws, tillers & cultivators, snow throwers among others. This equipment can be placed outside the house or an attached garage as authorized by the official fire code. Few of the major competitors currently working in the global outdoor power equipment market are Husqvarna AB (publ); Deere & Company.; American Honda Motor Co., Inc.; The Toro Company; Stihl; MTD; Ariens.; YAMABIKO Corporation; Stanley Black & Decker, Inc; Techtronic Industries Co. Ltd; Briggs & Stratton Corporation; AL-KO.; Stiga S.P.A.; Emak S.p.A.; Robert Bosch GmbH; Makita U.S.A., Inc.; Schiller Grounds Care, Inc.; Excel Industries Inc; CHERVON (China) Trading Co., Ltd.; Jacobsen Division of Textron among others.
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Global outdoor power equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of outdoor power equipment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
- Rising demand for landscaping services will accelerate the market growth
- Increasing adoption of battery- powered outdoor power equipment also acts as a market driver in the forecast period
- Growing interest of homeowners in gardening services will augment the market growth
- Growing demand for push walk behind mowers will also contribute as a factor for the market growth
- High maintenance cost will hamper the market growth
- Availability of outdoor power equipment at lease will also hinder the growth of this market
Segmentation: Global Outdoor Power Equipment Market
By Equipment Type
- Lawn Mowers
- Riding Lawn Mowers
- Zero-Turn-Radius Mowers (ZTR)
- Lawn Tractors and Garden Tractors
- Rear Engine Riding Mowers
- Non-Riding Lawn Mowers
- Robotic Lawn Mowers
- Walk-Behind Lawn Mowers
- Self-Propelled Mowers
- Push Mowers
- Riding Lawn Mowers
- Trimmers & Edgers
- Trimmers and Brush Cutters
- Hedge Trimmers
- Walk-Behind Edgers and Trimmers
- Tillers & Cultivators
- Snow Throwers
By Power Source
- Fuel Powered
- Electric Powered
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In June 2017, Husqvarna announced the launch of their new outdoor power products which are specially designed for garden, park, and forest care. These new products are specially designed so they can meet the Indian needs. Many of these products are available with either petrol engines or battery powered engines which allow a wide variety of applications and situations. Husqvarna India aims to promote sustainable agriculture in the Indian agro-industry by using its advanced power tools with higher fuel efficiency to help reduce operating costs by implementing greener technology
- In January 2015, MTD products announced the acquisition of CORE Outdoor Power. CORE introduced its motor technology to the outdoor electrical equipment industry about four years ago, while it has matured and gained popularity on the market. Along with MTD, CORE will be able to get the resources which they require to accelerate the business and this acquisition will help the MTD to strengthen their market position
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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Key Reasons to Purchase Outdoor Power Equipment Report:
- To gain insightful analyses of the market and have comprehensive understanding of the Global Outdoor Power Equipment and its commercial landscape.
- Assess the Outdoor Power Equipment production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Outdoor Power Equipment and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Outdoor Power Equipment.
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