Global Powered Outdoor Equipment Market to 2026 – Low-Noise & Eco-Friendly Leaf Blowers Gain Traction – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Powered Outdoor Equipment – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The global market for Powered Outdoor Equipment estimated at 108 Million Units in the year 2020, is projected to reach a revised size of 136.6 Million Units by 2026, growing at a CAGR of 4.1% over the analysis period.
Gas-Fired Outdoor Grills, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach 36.7 Million Units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Walk Behind Power Mowers segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at 44 Million Units in 2021, While China is Forecast to Reach 14.6 Million Units by 2026
The Powered Outdoor Equipment market in the U.S. is estimated at 44 Million Units in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 14.6 Million Units by the year 2026 trailing a CAGR of 5.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.6% respectively over the 2020-2027 period.
Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. . Growing importance of gardening as a recreational activity or hobby, zeal to develop gardens in homes, as well as the desire to enhance aesthetics through beautiful and properly maintained lawns and gardens continue to support the purchase of new outdoor appliances. In addition, the convenience of utilizing backyard gardens as the perfect option for hosting barbeque parties, camping and a relaxation center is fueling interest in garden maintenance and upgrade.
Select Competitors (Total 248 Featured) –
- Alamo Group, Inc.
- Andreas Stihl AG & Co.
- Blount International, Inc.
- Briggs & Stratton Corporation
- Simplicity Manufacturing, Inc.
- Deere & Company
- Emak S.p.A
- Husqvarna AB
- McCulloch Motors Corporation
- Makita Corporation
- MTD Products, Inc.
- Robert Bosch GmbH
- Stanley Black & Decker, Inc.
- STIGA S.p.A.
- Castelgarden S.p.A.
- Techtronic Industries Co. Ltd.
- The Ariens Company
- The Toro Company
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
- Impact on Powered Outdoor Equipment
- COVID-19 Related Issues Impacting Powered Outdoor Equipment Industry
- An Introduction to Powered Outdoor Equipment (POE)
- Types of Outdoor Appliances and Tools
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Market Witnesses Soaring Demand for Rechargeable Battery Powered Equipment
- Lithium Ion Technology Meets the Demand for Efficient Battery Powered Tools
- Cordless Tools Evolve Amid Rising Importance of Li-Ion Technology
- Smart Technology Makes Huge Inroads
- Multi-Tasking Equipment Gain Prominence
- Bug Killers: Improved Products Flood the Market
- Changing Consumer Preferences Redesign the Product Landscape
- Plastic Gains Preference over Metal
- Battery Powered Chainsaws Score Over Electric & Gas Powered Chainsaws
- Feature Rich Chain Saws Gain Prominence
- Breakthrough Advancements Enhance Demand for Leaf Blowers
- Low-Noise & Eco-Friendly Leaf Blowers Gain Traction
- Prospects for Outdoor Grills and Accessories Remain Upbeat
- Innovation at its Best
- Increasing Awareness of Spic-and-Span Surroundings Steers Wider Adoption of Walk-Behind Power Mowers
- Innovations in the Lawn Mower Segment
- Hybrid Mowers: Balancing Environment and Consumer Demands
- Cordless Lawn Mowers Set to Make Gains
- Riding Mowers & Lawn Tractors: Technology Transition Powers the Market
- Growing Demand for ZTRs
- Battery-powered Riding Mowers Sense Opportunities
- Robotic Mowers Make Inroads
- A Snapshot of Select Popular Robotic Mowers in the Market
- Trimmers/Brush Cutters Remain Relevant
- Sustained Opportunities for Hedge Trimmers
- Market Prospects Strongly Influenced by Construction Industry Trends
- World Construction Industry (in US$ Trillion) for the Years 2020, 2021 & 2022
- Growth in the Global Construction Market by Sector: 2018-2022
- Global Construction Output by Country (2022): Breakdown of Construction Output (US$ Billion) and Percentage Change over 2018-2022
- Projected Growth in the Asian Construction Market by Region and Sector (2016-2024)
- Global Infrastructure Spending in US$ Billion (2014, 2016, 2018, 2020 & 2022)
- Global Infrastructure Spending Estimates by Sector (2015-2030) (in US$ Trillion)
- Demographic Trends Favor Market Expansion
- World Urban Population in Millions: 1950-2050
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
- Wealth Distribution of UHNW Individuals by Region (2019): Percentage Breakdown of Number and Wealth of UHNW Individuals for Africa, Asia-Pacific, Europe, Latin America & Caribbean, Middle East, and North America
- Rising Interest in Golf Offers Lucrative Prospects
- Replacement Market: A Major Growth Driver
- Life Expectancy for Snowthrowers, Back-Pack Gasoline Leaf Blowers, Handheld Gasoline Leaf Blowers, Charcoal-Fired Outdoor Grills, Riding Lawn Mowers and Tractors, Gasoline-Based Power Mowers, Gas-Fired Outdoor Grills, and Electric-Fired Outdoor Grills (in Years)
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/j4o7nw
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