Gmi Research

  Outdoor Power Equipment Market The Outdoor Power Equipment Market is estimated to reach USD 29,105 million by the end of 2027, expanding at a CGAR of CAGR of 3.7% over the forecast period (2020-2027). The factors driving the growth of Outdoor Power Equipment Market includes rapid growth in the construction sector, growing demand for landscaping services and increase in the number of smart cities around the world. According to the report published by Statista, the revenue earned from landscaping services in the United States has increased from USD 105.35 billion in 2020 to reach around USD 114.6 billion in 2021, which is expected to boost the Outdoor Power Equipment Market size in the approaching years. Moreover, increasing sales of outdoor power equipment through e-commerce platforms, growing popularity of automated outdoor products such as Robotic lawn mower and rise in the lawn beautification activities, are some of the additional factors supplementing the Global Outdoor Po...

  Outdoor Power Equipment Market: Growth opportunities in the Outdoor Power Equipment market look promising over the next six years. This is mainly because of the rising consumer spending on durable goods, along with the increasing emphasis of homeowners to beautify their gardens and the growing concerns towards environmental pollutions. Request for a FREE Sample Report on Outdoor Power Equipment Market. Outdoor Power Equipment Industry Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers Some of the major factors that are responsible for the growth of the global outdoor power equipment market share include growing urbanization, rising consumer spending on durable goods, followed by the rising focus on beautifying the gardens around the world. Additionally, the growing concerns regarding environmental pollution is further surging the market growth over the coming years. Individuals are shifting towards clean energy sou...