Outdoor Equipment Market Overview:

The purpose of this research is to provide a detailed analysis of the Outdoor Equipment market by segment and geography. The report goes into great detail about the primary factors influencing the Outdoor Equipment market's growth. The research also includes a comprehensive assessment of the market's value chain.

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Outdoor Equipment Market size was valued at US$ 22.41 Bn. in 2020 and the total revenue is expected to grow at 3.6 % through 2021 to 2027, Outdoor Equipment Market is reaching nearly US$ 28.71 Bn. by 2027.

Market Scope:

To get the final quantitative and qualitative data, all possible components influencing the markets covered by this research study were studied, thoroughly researched, validated by primary research, and evaluated. Market size is predicted for top-level markets and sub-segments, and the influence of inflation, economic downturns, regulatory and policy changes, and other variables is taken into account when estimating market size. This data is collated and presented in this study, together with comprehensive contributions and analysis from companies.

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.

Drivers:

Consumer preference for outdoor green spaces like gardens and lawns is rising significantly in urban areas. Some customers in this area are making creative attempts to introduce urban greening into major cities. In order to create more commodious and environmentally friendly living spaces, cities are creating greener spaces. Urban green spaces have more extensive, competitive economic and environmental benefits, which increases demand for outdoor power equipment.

Segmentation:

The market is divided into electrically powered and fuel-powered subsegments based on Power Source. In 2020, the electrically powered segment will dominate the market. The development of high-performance, long-lasting batteries as well as urbanisation and government-sponsored construction initiatives are all credited with the growth. Additionally, the demand for electrical equipment is anticipated to rise significantly as consumer preference for green technologies keeps rising.

Gardeners are now aware of the many benefits electric lawnmowers have over their gas-powered or conventional counterparts, which contribute only about 5% of the total hydrocarbons in urban areas' atmosphere. There has been a discernible trend toward electric and battery-powered equipment due to stricter pollution regulations and more environmentally conscious consumers.

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Key Players:

Market leaders are identified through primary and secondary research, and market revenue is calculated by primary and secondary research. Primary research included in-depth interviews with important thought leaders and industry professionals such as experienced front-line personnel, CEOs, and marketing managers, while secondary research included an analysis of the top manufacturers' quarterly and financial performance. Secondary data is used to establish worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then cross-checked against primary data.

The major players covered in the Outdoor Equipment market report are

• Husqvarna Group
• Deere & Company
• Toro
• Honda Motor Co., Ltd.
• Stihl Group
• MTD Products
• Ariens Company
• Yamabiko Corporation
• Stanley Black & Decker
• Techtronic Industries
• Briggs & Stratton Corporation
• STIGA S.p.A.
• AL-KO KOBER GROUP
• Emak S.p.A.

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Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Outdoor Equipment Market:

The COVID-19 pandemic has impacted industries such as aerospace and military, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Outdoor Equipment market as a whole, as well as the growth rate in 2019-2020, as the impact of COVID-19 has spread. Our most recent questions, views, and market information are vital to the Outdoor Equipment industry's firms and associations.

Key Questions Answered in the Outdoor Equipment Market Report are:

Which segment grabbed the largest share in the Outdoor Equipment market?
What was the competitive scenario of the Outdoor Equipment market in 2021?
Which are the key factors responsible for the Outdoor Equipment market growth?
Which region held the maximum share in the Outdoor Equipment market in 2021?
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