What is the global outdoor power equipment market value?
The Global Outdoor Power Equipment Market is expected to reach a value of USD 30.0 billion in 2023, and it is further anticipated to reach a market value of USD 53.1 billion by 2032 at a CAGR of 6.5%. The market has seen significant growth over the past few years and is predicted to grow significantly during the forecasted period as well.
What is the growth rate of outdoor power equipment market?
The market is growing at a CAGR of 6.5 percent over the forecasted period. Outdoor Power Equipment Market is expected to reach a value of USD 30.0 billion in 2023, and it is further anticipated to reach a market value of USD 53.1 billion by 2032 at a CAGR of 6.5%.
What is the global outdoor power equipment (Ope) market size?
The global Outdoor Power Equipment (OPE) market size was valued at USD 35.51 billion in 2024. The market is projected to grow from USD 37.36 billion in 2025 to USD 54.24 billion by 2032, exhibiting a CAGR of 5.47% during the forecast period. North America dominated the global market with a share of 51.51% in 2024.
Which country has the largest outdoor power equipment market in 2024?
North America dominated the global market with a share of 51.51% in 2024. The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by 2032, driven by the rising demand for battery-powered equipment for landscaping and gardening services.
What is the market share of outdoor power equipment in 2021?
The North American market accounted for 34.91% share of the overall market in 2021. The regional market’s growth is attributed to North America’s larger geographical area compared to its population, which leads to more gardens and lawns in the region. This led to increased demand for outdoor power equipment in the region.
What factors influence the outdoor power equipment market?
The Outdoor Power Equipment Market is influenced by factors such as seasonal demand variations, consumer preferences, technological disruptions, and regulatory initiatives promoting sustainable and low-emission equipment. Understanding these dynamics is essential for stakeholders to navigate challenges and capitalize on emerging trends.
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The global Outdoor Power Equipment (OPE) market size was valued at USD 35.51 billion in 2024. The market is projected to grow from …
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The Global Outdoor Power Equipment Market Size is expected to reach USD 42.34 Billion by 2033, at a CAGR of 3.28% during the forecast period 2023 to 2033.. Outdoor power equipment runs on smaller engines or small motors. The term "outdoor power equipment" means equipment that is specifically utilised for outdoor services.
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The APAC region''s outdoor power equipment market (by value) is expected to witness a CAGR of 5.26% during the forecast period. India, Australia, China, and Japan mainly drive market growth. The rising demand for outdoor power equipment in these countries is supported by their strong economic growth, increased construction activities, an aging ...
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The Global Outdoor Power Equipment Market is expected to reach a value of USD 30.0 billion in 2023, and it is further anticipated to reach a market value of USD 53.1 billion by …
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Learn More →Outdoor Power Equipment Market Share, Growth Forecast
The COVID-19 pandemic has substantially impacted the value chain of the outdoor power equipment market; however, there has been a consistent revival of the value chain, leading to steady market growth. The U.S., China, and Germany accounted for significant shares of the market in 2021. Considerable increase in demand for maintenance of public ...
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The U.S. outdoor power equipment market size was valued at USD 12.89 billion in 2023 and is anticipated to grow at a CAGR of 6.7% from 2024 to 2030. The growing demand for landscaping services among American households and …
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Outdoor Power Equipment Market valued at USD 36.9 Bn in 2024, is anticipated to reaching USD 61.9 Bn by 2031, with a steady annual growth rate of 6.60%
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The outdoor power equipment market size is expected to grow from USD 31.0 billion in 2024 to USD 36.5 billion by 2029, at a CAGR of 3.3% during the forecast period. The outdoor power equipment market is driven by factors such as the growing global ...
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The Outdoor Power Equipment Market estimated size and share is projected to exceed USD 96.63 billion by 2034, with a forecasted CAGR of 5.9% during the period. Press Releases; Blog; ... Market Forecast Value in 2025. USD 57.78 billion. Revenue Forecast by 2034. USD 96.63 billion. CAGR. 5.9% from 2025 to 2034. Base Year. 2024. Historical Data ...
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The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by 2032, driven by the rising demand for battery-powered equipment for landscaping …
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The Outdoor Power Equipment Market is poised for steady growth, driven by ongoing technological advancements, the shift towards sustainable practices, and the increasing recognition of the importance of outdoor spaces.
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Outdoor Power Equipment Market Size 2025 And Growth Rate. The outdoor power equipment market size has grown marginally in recent years. It will grow from $28.38 billion in 2024 to $28.76 billion in 2025 at a compound annual growth rate (CAGR) of 1.3%. The growth in the historic period can be attributed to urbanization, landscaping and gardening, commercial landscaping …
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What is the Market Size of Outdoor Power Equipment regarding value? The global Outdoor Power Equipment market is anticipated to grow at a substantial CAGR of 6.80% in the upcoming years. The global Outdoor Power …
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The COVID-19 pandemic has had a significant impact on the value chain of the outdoor power equipment market; however, the value chain has been consistently revitalized, resulting in steady market growth. The United States, China, and Germany held significant market shares in 2021. In the post-pandemic period, market growth is being driven by a ...
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According to our (Global Info Research) latest study, the global Outdoor Power Supply market size was valued at USD 1217.5 million in 2023 and is forecast to a readjusted size of USD …
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