Market revenue in 2022 | USD 12,248.5 million |
Market revenue in 2030 | USD 20,103.6 million |
Growth rate | 6.4% (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 |
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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 40.87% in 2022. Horizon Databook has segmented the U.S. 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.
Outdoor power equipment consumers based in the U.S. prefer electric and battery-powered models, a shift that is indicative of a broader societal inclination towards sustainability. Electric and battery powered models are perceived to have a lower environmental impact and noise levels.
Attuning to this evolving preference, manufacturers are introducing a greater variety of eco-friendly lawnmowers to cater to the growing demand. Advances in technology have resulted in the advent of smart lawnmowers equipped with features, such as automated mowing schedules and app-based controls, which are also playing a pivotal role in shaping the U.S. market.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. outdoor power equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. outdoor power equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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