PUBLISHER: The Business Research Company | PRODUCT CODE: 1653185
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653185
Outdoor power equipment refers to machinery powered by an engine or electric motor, designed for non-agricultural landscaping, gardening, or land cultivation. These devices, which can include tools like saws, shovels, or drills, are utilized to perform or facilitate manual or mechanical work outdoors. Common applications include cutting lawns, maintaining gardens, caring for golf courses, landscaping tasks, and overall ground maintenance.
The main types of outdoor power equipment encompass trimmers and edgers, lawnmowers, blowers, tillers and cultivators, snow throwers, and others. Trimmers and edgers are particularly useful for maintaining a tidy yard and lawn, with edgers specifically employed for creating a neat and finished edge in the yard. Outdoor power equipment can be powered by various sources, including fuel-powered and electric-powered systems, and finds applications in both residential and commercial settings.
The outdoor power equipment market research report is one of a series of new reports from The Business Research Company that provides outdoor power equipment market statistics, including outdoor power equipment industry global market size, regional shares, competitors with a outdoor power equipment market share, detailed outdoor power equipment market segments, market trends and opportunities, and any further data you may need to thrive in the outdoor power equipment industry. This outdoor power equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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 services, farming and agriculture, sports field maintenance.
The outdoor power equipment market size is expected to see steady growth in the next few years. It will grow to $33.83 billion in 2029 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to diverse work environments, government initiatives, extreme weather preparedness, rental and leasing, seasonal demand. Major trends in the forecast period include technological advancements, sustainable landscaping, battery-powered equipment, electric lawnmowers, smart and connected equipment.
The anticipated growth in the construction industry is expected to drive the expansion of the outdoor power equipment market in the future. Construction involves building, altering, repairing, remodeling, improving, or demolishing structures. Outdoor power equipment is essential in construction for tasks such as clearing soil and cutting plants before work begins, as well as for grounds maintenance. For example, in January 2024, FMI Corporation, a US-based management consulting firm, reported that engineering and construction investment is projected to increase by 5% in 2022 compared to 2021. Thus, the growth in the construction sector is fueling the demand for outdoor power equipment.
The expected rise in the demand for gardening is poised to be a significant factor propelling the outdoor power equipment market. Gardening, the cultivation and care of plants in outdoor or indoor spaces, involves various activities related to plant care. Outdoor power equipment enhances gardening experiences by saving time, reducing physical effort, improving productivity, precision, safety, versatility, and delivering efficient, professional-looking results. According to the National Gardening Association, the average household spent $616 on lawn and gardening activities in 2022, marking a $74 increase from 2021. Therefore, the growing demand for gardening contributes to the growth of the outdoor power equipment market.
Technological advancements are emerging as a prominent trend in the outdoor power equipment market. Major companies in this sector are actively developing new technological solutions to maintain their market position. For example, Stihl, a German company specializing in chainsaws and outdoor power equipment, introduced the Stihl MSA 300, a new chain saw based on Power Laminate technology, in February 2022. This chainsaw boasts being the most powerful battery-powered version and features an LED display for monitoring the saw's status.
Major companies in the outdoor power equipment market are concentrating on innovative products such as motor controllers to boost their market revenues. Motor controllers, designed to regulate electric motor operation, play a crucial role in managing speed, direction, and efficiency. In October 2022, Delta Systems Inc., a US-based manufacturer of switches and controls for outdoor power equipment, launched motor controllers providing improved speed control for brushless DC (BLDC) and permanent magnet AC (PMAC) motors. These motors are commonly used in devices powered by lead-acid or lithium-ion batteries. The new motor controllers, featuring IP67A sealing, ensure reliable operation in challenging environmental conditions, and they come with an integrated vehicle control module (VCM), eliminating the need for an additional external module.
In November 2023, United Ag & Turf Northeast, a US-based company that operates John Deere Ag & Turf dealerships in several states, acquired Chad Little Outdoor Power Equipment for an undisclosed sum. This acquisition is intended to enhance United Ag & Turf's presence in Maine and bolster its offerings in agricultural and turf equipment. Chad Little Outdoor Power Equipment, a US-based John Deere dealership, has two locations in Brunswick and Scarborough, Maine, and specializes in outdoor power equipment solutions. Additionally, Stanley Black & Decker, a US manufacturer of industrial tools and household hardware, acquired MTD Holdings Inc. for $1.6 billion. This acquisition positions Stanley Black & Decker as a global leader in outdoor products, featuring strong brands such as DEWALT, CRAFTSMAN, and BLACK+DECKER, and strengthens the company's role as the fastest-growing provider of cordless electric outdoor power equipment. MTD Holdings is a US-based company that manufactures outdoor power equipment.
Major companies operating in the outdoor power equipment market include Briggs & Stratton Corporation, Deere & Company, Honda Motor Co. Ltd., The Husqvarna Group., Makita Corporation., Yamabiko Corporation, STIHL AG & Co. KG, Techtronic Industries Company Ltd., The Toro Company, Andreas Stihl AG & Co.KG, AriensCo, Oregon Tool Inc., Snow Joe LLC., Craftsman, Positec Tool Corporation., AL-Ko Kober Group, Excel Industries Inc., Chevron Trading Co Ltd., MTD Holdings Inc., Stanley Black and Decker Inc., Robert Bosch GmbH, Greenworks Tools, EGO Power Plus, Ryobi Limited, Snapper Inc., Troy-Bilt LLC., Remington Arms Company LLC., Swisher Acquisition Inc.
North America was the largest region in the outdoor power equipment market in 2024. The regions covered in the outdoor power equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the outdoor power equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The outdoor power equipment market consists of sales of pressure Washers, generators, lawn mowers, riding lawn mowers, leaf blowers and slow removal equipments. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Outdoor Power Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on outdoor power equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for outdoor power equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The outdoor power equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.