Outdoor Power Equipment market

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Outdoor Power Equipment Market Research Report
By Forecast 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
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Outdoor Power Equipment Market Forecast To 2025
Outdoor Power Equipment Market Forecast To 2025
Increased use of power equipment in the
construction sector in fast-developing countries
is proving an impetus to the global outdoor power
equipment market. Market Research Future (MRFR)
in latest study finds that the global outdoor
power equipment market is set to surpass a
valuation of USD 28,900 Mn by the year 2025.
Advances in power equipment has increased their
application range. Due to their high-performance
capabilities, preference for outdoor power
equipment is on the upward trend. They are
multipurpose tool used for drilling,
reconstruction, lawns maintenance etc.
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Outdoor Power Equipment Market Forecast To 2025
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Outdoor Power Equipment Market Forecast To 2025

• Macroeconomic factors such as rising disposable
  income, improving standard of living and growth
  the housing section are influencing the global
  outdoor power equipment market. Rapid
  industrialization and urbanization in countries
  such China, Brazil and India has opened new
  growth avenues for market players. Governments in
  these countries are investing on infrastructural
  development which is influencing the market to a
  significant extent. Demand for outdoor power
  equipment is also on the rise owing to increased
  construction activities for developing new
  stadiums, airports, residential estates,
  educational institutions among others.
  Sanctioning of mega infrastructural development
  projects in line with smart city initiatives is
  also a viewed as an important market driver.

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Outdoor Power Equipment Market Forecast To 2025
Global Outdoor Power Equipment Market Segmented
on the basis of
MRFRs report includes a comprehensive segmental
analysis of the market on the basis of product
and power source. Based on product, the market
has been segmented into rope power tools and
cordless tools. It is projected that the cordless
tool segment will witness a healthy growth during
the assessment period. The segment is expected to
demonstrate 5.41 CAGR till 2025. Cordless tools
are easy to maintain and offer convenience and
thereby witnessing a strong demand. Based on
power source, the market has been segmented into
battery, electric and other. In terms of value,
the electric segment currently commands the
lions share of the market and the trend is
expected to continue throughout the assessment
period. The segments growth is due to widespread
usage of electric powered tools. In 2017, the
electric segment represented more than 47 share
of the market in terms of value. During the
assessment period, the segment is expected to
post a CAGR of 5.45.
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Outdoor Power Equipment Market Forecast To 2025
Global Outdoor Power Equipment Market -
Geographical Analysis
On the basis of region, the market has been
segmented into Europe, Asia Pacific (APAC), North
America and Rest of the World (RoW). North
Americas represents a standout share of the
global outdoor power equipment market. The global
outdoor power equipment market is expected to be
dominated by North America during the forecast
period. A higher number of individuals are
inclining towards the do-it-yourself trend, which
is creating market opportunities. Demand for
lightweight tools is expected to remain high
during the forthcoming years. Europe is also
expected to remain a key destination for market
as it commands a considerable share of the global
market. Countries such as Germany, France and
United Kingdom are expected to make healthy
contribution of the Europe market in terms of
revenue. APAC is touted as an emerging market
for outdoor power equipment. The market in APAC
is projected to exhibit a CAGR of 5.36 during
the assessment period. Growth of the construction
section and increased product penetration are
some of the factors supporting the market growth
in APAC.
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Outdoor Power Equipment Market Forecast To 2025
Global Outdoor Power Equipment Market -
Competitive Analysis

• Vb Emak S.p.A. (Italy), The Toro Company (U.S.),
  Blount International, Inc. (U.S.) Deere
  Company (U.S.), STIHL Holding AG Co. KG
  (Germany), Makita Corporation (Japan), Techtronic
  Industries Co. Ltd. (TTI) (Hong Kong), Honda
  Motor Co., Ltd. (Japan), Stanley Black Decker
  Inc. (U.S.), Husqvarna (Sweden) and MTD Products
  (U.S.) are some of the key companies profiled in
  MRFRs report.

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