China Outdoor Power Equipment Market Size & Outlook
China outdoor power equipment market, 2018-2030 (US$M)
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China outdoor power equipment market highlights
- The China outdoor power equipment market generated a revenue of USD 3,891.8 million in 2022 and is expected to reach USD 6,786.1 million by 2030.
- The China market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, lawn mowers was the largest revenue generating equipment in 2022.
- Chainsaw is the most lucrative equipment segment registering the fastest growth during the forecast period.
Outdoor power equipment market data book summary
| Market revenue in 2022 | USD 3,891.8 million |
| Market revenue in 2030 | USD 6,786.1 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Lawn mowers |
| Fastest growing segment | Chainsaw |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lawn Mowers, Chainsaw, Trimmers & Edger, Blower, Tillers & Cultivators, Snow Throwers |
| Key market players worldwide | Electrolux AB ADR, Makita Corp, Honda Motor Co Ltd ADR, Briggs & Stratton, Stanley Black & Decker, Techtronic Industries Co Ltd, Chervon Holdings Ltd, Robert Bosch Engineering & Business Solutions, The Toro Co, Deere & Co, Yamabiko Europe, STIHL, MTD Holdings, AL-KO KOBER Group, Ariens |
Other key industry trends
- In terms of revenue, China accounted for 8.0% of the global outdoor power equipment market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China outdoor power equipment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,786.1 million by 2030.
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Outdoor Power Equipment Market Scope
Outdoor Power Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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China outdoor power equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor power equipment market will help companies and investors design strategic landscapes.
Lawn mowers was the largest segment with a revenue share of 40.84% in 2022. Horizon Databook has segmented the China outdoor power equipment market based on lawn mowers, chainsaw, trimmers & edger, blower, tillers & cultivators, snow throwers covering the revenue growth of each sub-segment from 2018 to 2030.
In China, consumers prefer smart, connected outdoor power tools, including lawnmowers, trimmers, and other equipment, which can be controlled remotely via mobile apps. Consumers seeking advanced, tech-savvy solutions for their yard maintenance needs typically value convenience and efficiency.
To meet these evolving demands, manufacturers are developing solutions catering to the evolving preferences of Chinese consumers who are increasingly embracing smart and connected devices. This strategic approach also aligns with the evolving technological landscape in China, offering a pathway for manufacturers to stay competitive in the dynamic outdoor power equipment market in China.
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Target buyers of China outdoor power equipment market databook
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Our clientele includes a mix of outdoor power equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China outdoor power equipment market , including forecasts for subscribers. This country databook contains high-level insights into China outdoor power equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China outdoor power equipment market size, by equipment, 2018-2030 (US$M)
China Outdoor Power Equipment Market Outlook Share, 2022 & 2030 (US$M)
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