Outdoor Electrical Equipment Market Worth $ 27.3 Billion By 2026
CHICAGO, December 16, 2021 / PRNewswire / – According to a research report âOutdoor electrical equipment market with Covid-19 impact analysis, by type of equipment (lawn mower, chainsaw, edger and edger), application (commercial, residential), power source ( fuel, electric) and geography – Global forecasts until 2026 Â», published by MarketsandMarkets â¢, the global outdoor electrical equipment market is expected to reach $ 27.3 billion by 2026 from $ 23.4 billion in 2021; it is expected to register a CAGR of 3.2% from 2021 to 2026. Technically, thanks to major R&D investments by global players, there have been huge developments in the field of outdoor electrical equipment, starting with wireless tools, the incorporation of sensors, the adoption of Industry 4.0 and robotics to create autonomous equipment. These developments, along with a growing culture of garden and lawn care, a growing affinity for turf sports such as golf, the increase in fleets of landscaping service providers and the growing potential of the field. Construction industry to adopt outdoor electrical equipment are contributing to the growing demand for outdoor electrical equipment. In addition, government and municipal initiatives in all regions to adopt sustainable landscaping and green infrastructure projects have also had a positive impact on the demand for outdoor electrical equipment.
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“LAWN MOWERS TO HOLD THE LARGEST SIZE OF THE OUTDOOR ELECTRICAL EQUIPMENT MARKET DURING THE FORECAST PERIOD”
The lawn mower segment is expected to represent the largest size of the outdoor electrical equipment market from 2021 to 2026. The growing demand for lawn mowers can be attributed to the growing affinity of residential users for lawn care activities and gardens and the growing demand for lawn mowers. landscaping services. Lawn mowers are one of the most widely used outdoor electrical equipment for mowing grass, maintaining and decorating lawns and yards, and maintaining parks and stadiums. The increase in population leading to an increase in residential and commercial space with an affinity for private lawns is fueling the demand for lawn mowers. Other major end users of lawn mowers include municipalities and landscaping service providers. Additionally, the growing affinity for lawn sports such as golf is fueling the demand for lawn mowers.
“RESIDENTIAL / DIY APPLICATION TO HOLD A BIGGER SIZE OF THE OUTDOOR ELECTRICAL EQUIPMENT MARKET DURING THE FORECAST PERIOD”
The residential / DIY applications segment is expected to consider the largest size of the outdoor electrical equipment market from 2021 to 2026. Residential end users can be homeowners and DIY enthusiasts. There is an already established and thriving culture of lawn and garden care throughout North America and Europe, which continues to increase in other regions as well. The growing trend of residential end users to undertake gardening and home improvement activities to improve aesthetics is a major factor contributing to the growing adoption of outdoor electrical equipment. In addition, the launch of large infrastructure projects and the growing affinity of homeowners for private lawns are fueling the demand for outdoor electrical equipment. In addition, increased disposable income of consumers leads to increased demand for outdoor electrical equipment.
“FUEL-POWERED EQUIPMENT TO HOLD A BIGGER SIZE OF THE OUTDOOR ELECTRICAL EQUIPMENT MARKET DURING THE FORECAST PERIOD”
The fuel-powered segment is expected to represent the largest size of the outdoor electrical equipment market from 2021 to 2026. The fuel-powered equipment can run on gas, diesel or gasoline and provide better power and torque, thanks to to which they are increasingly adopted by professional arborists and loggers for deforestation and deforestation activities. Professional landscapers and lawn maintenance providers prefer gasoline-powered equipment for heavy-duty operations, such as large lawns and yards and stadiums. The growing affinity for turf sports and the growing demand for landscaping services are therefore fueling the demand for fuel-powered outdoor electrical equipment. Many companies are investing heavily in R&D to improve the technical aspects of fuel-powered equipment, which has successfully reduced noise and exhaust fumes and improved operator comfort.
Browse the table of contents in depth on “Outdoor power equipment Marlet“
238 – Tables
65 – Figures
305 – Pages
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“NORTH AMERICA TO HOLD THE LARGEST SIZE OF THE OUTDOOR ELECTRICAL EQUIPMENT MARKET DURING THE FORECAST PERIOD â
North America is expected to represent the largest size of the outdoor electrical equipment market from 2021 to 2026. North America can be further segmented in the United States, Canada and Mexico. In North America, there is a culture of lawn and garden care, which is growing further due to the growing affinity of people for gardening activities and the growing number of private lawns. Additionally, there is a growing demand for DIY techniques in the area, prompting homeowners to undertake several renovation and beautification projects. In addition, the participation of North America in grass sports such as golf, is experiencing massive year-over-year growth. The growing demand for landscaping services by residential and commercial establishments is another major factor fueling the demand for outdoor electrical equipment. In addition, government regulations aimed at reducing environmental impact are also boosting the demand for electrical equipment in the region.
Briggs & Stratton (US), Deere & Company (US), HONDA (Japan), Husqvarna (Sweden), Makita (Japan), Robert bosch (Germany), Stanley Black & Decker (United States), STIHL Group (Germany), Techtronic Industries (TTI) (Hong Kong) and The Toro Company (US) are some major players in the global outdoor electrical equipment market.
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