About One-year sales of outdoor power supplies
The global COVID-19 pandemic has been unprecedented and staggering, with outdoor power supply experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning.
"Inventive Technology Will Lead to Growing Demands" Manufacturing companies are concentrating on creating fully and partially.
"High Maintenance Costs Will Hamper the Market’s Demand." Although the future appears bright, the business still has to deal with a number.
"Rising Urbanization Will Lead to Market Demands." The market for outdoor power supplies is anticipated to rise as a result of factors like rising urbanization, disposable income, and.
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About One-year sales of outdoor power supplies video introduction
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6 FAQs about [One-year sales of outdoor power supplies]
How big is the outdoor power equipment market?
The outdoor power equipment market size was valued at over USD 34 billion in 2023 and is estimated to register a CAGR of over 5.5% between 2024 & 2032, driven by increase in demand for landscape and gardening services.
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 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.
What drives the outdoor power equipment market?
The outdoor power equipment market is driven by the rapid growth of construction industry. With global surge in construction activities, outdoor power equipment like landscaping tools, compact utility loaders and portable generators are also increasingly demanded by people.
Who makes outdoor power equipment?
Honda Motors Co. Ltd, Husqvarna AB, Makita Corp, Robert Bosch, Techtronic Industries Ltd., Yamabiko Corporation, and AL-KO Kober Group, are some of the major outdoor power equipment companies worldwide. What is the size of the North America outdoor power equipment market?
What is the growth rate of outdoor power equipment industry?
North America outdoor power equipment industry held over 37% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to rapid urbanization and a mounting trend toward outdoor leisure activities in the region. Why is the use of outdoor power equipment in lawn mowers growing?
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