Delray Beach, FL, Aug. 17, 2025 (GLOBE NEWSWIRE) — The report “Outdoor Power Equipment Market by Equipment Type (Lawn Mowers, Saws, Trimmers & Edgers), Power Source (Fuel-based, Electric), Functionality (Connected/Smart Products, Conventional Products), Application and Region – Global Forecast to 2029″ The outdoor power equipment market is expected to grow from USD 31.0 billion in 2024 to USD 36.5 billion by 2029, at a CAGR of 3.3% during the forecast period.
Increasing homeowner interest in gardening, alongside a growing demand for landscaping services, and the rising popularity of battery-powered outdoor equipment for lawn maintenance and gardening tasks, are significant factors driving the outdoor power equipment market. In addition, the development of intelligent and interconnected outdoor power equipment, along with the rising trend of choosing rental services for such equipment, generates opportunities for market growth.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=206862770
Major Key Players in the Outdoor Power Equipment Industry:
- Husqvarna Group (Sweden),
- The Toro Company (US),
- Deere & Company (US),
- Stanley Black & Decker, Inc. (US),
- ANDREAS STIHL AG & Co. KG (STIHL) (Germany),
- Techtronic Industries Co. Ltd. (Hong Kong),
- Hondo Motor Co., Ltd. (Japan), among others.
Outdoor Power Equipment Market Segmentation:
The Commercial segment is projected to experience the highest CAGR in the Outdoor Power Equipment industry over the forecast period.
Commercial segment is expected to grow at the highest CAGR during the forecast period. This is primarily due to heightened demand across sectors such as landscaping, construction, and agriculture. Businesses are …