Outdoor Power Equipment Market: Global Industry Analysis, Growth, Trends, And Forecasts (2023 - 2030)
Market Overview:
Global Outdoor Power Equipment Market Size Was Valued at USD 115.11 Million In 2022, And Is Projected to Reach USD 166.22 Million By 2030, Growing at A CAGR of 4.7% From 2023 To 2030.
The Outdoor Power Equipment Market is a dynamic and rapidly growing industry that encompasses a wide range of products and services designed to meet the needs of consumers and professionals involved in outdoor maintenance and landscaping. This market is driven by the increasing demand for efficient and environmentally friendly outdoor power equipment, spurred by urbanization, a growing interest in outdoor activities, and a strong focus on sustainability. Outdoor power equipment includes a variety of products such as lawnmowers, chainsaws, trimmers, leaf blowers, and more, which are essential for lawn care and landscaping activities. In recent years, the market has seen significant technological advancements, including the transition from gas-powered equipment to electric and battery-powered alternatives, reflecting a greater emphasis on eco-friendly solutions. This industry also involves professional-grade equipment catering to commercial and industrial users, further expanding the market's scope.
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Market Overview:
Global Outdoor Power Equipment Market Size Was Valued at USD 115.11 Million In 2022, And Is Projected to Reach USD 166.22 Million By 2030, Growing at A CAGR of 4.7% From 2023 To 2030.
The Outdoor Power Equipment Market is a dynamic and rapidly growing industry that encompasses a wide range of products and services designed to meet the needs of consumers and professionals involved in outdoor maintenance and landscaping. This market is driven by the increasing demand for efficient and environmentally friendly outdoor power equipment, spurred by urbanization, a growing interest in outdoor activities, and a strong focus on sustainability. Outdoor power equipment includes a variety of products such as lawnmowers, chainsaws, trimmers, leaf blowers, and more, which are essential for lawn care and landscaping activities. In recent years, the market has seen significant technological advancements, including the transition from gas-powered equipment to electric and battery-powered alternatives, reflecting a greater emphasis on eco-friendly solutions. This industry also involves professional-grade equipment catering to commercial and industrial users, further expanding the market's scope.
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12:33 PM - Jan 02, 2024 (UTC)