The outdoor power equipment market in North America is expected to grow from US$ 11,222.6 Mn in 2019 to US$ 14,671.3 Mn by the year 2027 at a CAGR of 3.5% during the forecast period.
The North America Outdoor Power Equipment Market is experiencing significant growth driven by various factors such as increased landscaping activities, rising construction projects, and a growing interest in gardening and lawn care among residential users. This market includes a wide range of equipment such as lawnmowers, trimmers, blowers, snow throwers, and chainsaws that are used for both commercial and residential outdoor maintenance tasks. One of the key drivers of the North America Outdoor Power Equipment Market is the rising demand for aesthetically pleasing outdoor spaces. With more homeowners investing in outdoor living areas, there is a greater need for efficient and user-friendly tools to maintain lawns and gardens. This trend has led to increased sales of both gas-powered and electric outdoor equipment, contributing to the marketโs steady expansion.
The North America Outdoor Power Equipment Market is also being influenced by technological advancements. Battery-powered equipment is becoming increasingly popular due to its environmental benefits, low noise levels, and ease of use. This shift is particularly notable in urban areas where noise and emission regulations are stricter. The integration of smart technology into outdoor equipment is another trend reshaping the market, with features such as automation and remote operation gaining traction.
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Seasonal changes also play a crucial role in the dynamics of the North America Outdoor Power Equipment Market. For instance, snow throwers see heightened demand in the winter months, while lawnmowers and trimmers are more popular in the spring and summer. This seasonal variation creates a diverse and resilient market structure, as different types of equipment experience peaks at different times of the year.
The growth of the North America Outdoor Power Equipment Market is further supported by the rising number of professional landscaping and maintenance services. As the demand for professional outdoor care increases, so does the need for durable, high-performance equipment capable of handling frequent and intensive use. This creates opportunities for manufacturers to innovate and offer products tailored to the specific needs of commercial users.
Environmental concerns are also influencing the direction of the North America Outdoor Power Equipment Market. With increasing awareness of climate change and sustainability, there is a noticeable shift towards electric and hybrid models. These alternatives offer reduced emissions and lower operational costs, making them appealing to both environmentally conscious consumers and cost-focused businesses.
The urbanization trend across North America is another factor contributing to the expansion of the North America Outdoor Power Equipment Market. As cities grow and suburban areas expand, there is an increased need for outdoor maintenance equipment to manage green spaces, parks, and residential landscapes. In summary, the North America Outdoor Power Equipment Market is poised for continued growth due to a combination of lifestyle trends, technological progress, and environmental awareness. Its broad application across residential and commercial sectors ensures a diverse customer base, while innovations in battery technology and smart features continue to attract modern users. With evolving consumer preferences and changing regulatory environments, the North America Outdoor Power Equipment Market remains a dynamic and rapidly adapting industry.
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ANDREAS STIHL AG & Co. KG
Robert Bosch GmbH.
Deere & Company
Honda Motor Co., Ltd.
Husqvarna AB
Techtronic Industries Co. Ltd.
MTD Products Inc.
The Toro Company
Ariens Company
YAMABIKO Corporation
North America Outdoor Power Equipment Market
The North American outdoor power equipment market is experiencing significant growth, fueled by several dynamic factors including rising urbanization, increased construction activities, technological advancements, and changing consumer lifestyles. With the U.S. and Canada at the forefront, this market is poised to expand steadily, responding to growing demands in both residential and commercial segments.
Urbanization and Infrastructure Development
One of the key drivers of the outdoor power equipment market in North America is the ongoing wave of urbanization and infrastructure development across the region. The high per capita income in both the United States and Canada has laid the foundation for rapid infrastructural upgrades. These projects, often initiated or supported by government policies and incentives, are largely concentrated in urban areas but also increasingly reaching suburban and rural communities.
Government-led initiatives for infrastructure renewalโsuch as roads, bridges, parks, and public spacesโrequire the use of various outdoor power tools like chainsaws, trimmers, leaf blowers, and lawn mowers. Moreover, private sector investments in commercial and residential buildings further boost the demand for such equipment. Large-scale landscaping and maintenance tasks, particularly in high-end residential areas, have created a consistent need for high-performance tools that are durable, efficient, and easy to use. In Canada, the governmentโs pledge to invest approximately US$ 6 billion in social infrastructure by 2020 laid the groundwork for affordable housing developments. Even beyond that timeline, these infrastructure-related investments have created long-term effects, fostering a surge in housing projects that in turn stimulate the market for outdoor power tools and equipment.
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