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Outdoor Power Equipment Market Size Worth $28.96 Billion By 2027 | CAGR: 3.4%: Polaris Market ResearchNEW YORK, Jan. 12, 2021 /PRNewswire/ -- The global outdoor power equipment market size is expected to reach USD 28.96 billion by 2027 according to a new study conducted by Polaris Market Research the market is anticipated to register a CAGR: 3.4% From 2020 to 2027. Growing demand for landscaping services, increasing consumer spending on durable goods, and a rising trend among homeowners to beautify their gardens are some of the key factors driving the growth of the global market. Increasing concerns for environmental pollution resulting in a growing preference for energy sources to reduce carbon emissions is among one of the major trends augmenting the growth of the outdoor power equipment market. Also, various governments across the globe are undertaking different initiatives to boost the construction industry thus, positively impacting the market. Moreover, increasing technological advancements and rising investment in R&D activities to improve the performance of equipment, attracting consumers for the adoption of this advanced equipment.  Request for a sample report: https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market/request-for-sample Key Trends and Major Developments in Outdoor Power Equipment Market
Regional Insight & Trend Analysis : Based on a regional outlook, the Asia Pacific region is predicted to lead the market growth in terms of revenue generation. The regional growth is attributed to the increasing adoption of outdoor power equipment on account of rising development projects across infrastructure and residential markets. In addition to this, growing urbanization and rising concerns related to pollution have resulted in increasing demand for the construction of sustainable buildings, fueling the regional market growth. In North America, there is a huge surge in the adoption of such equipment for residential and commercial applications. Moreover, the growing do-it-yourself trend among the regional populatio is anticipated to boost demand for outdoor power equipment. Europe is also projected to witness steady growth due to increasing the adoption of robotic lawnmowers. Get Full Research Summary on "Outdoor Power Equipment Market" https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market Market Participants Market players are looking to accelerate their business by bringing innovative products that cater to emerging needs. They are also looking to strengthen their market position through strategic collaborations, partnerships, and acquisitions. Leading players working in the outdoor power equipment market are Honda Motor Co., Ltd., Makita Corporation, Blount International, Inc., Techtronic Industries Co. Ltd., Husqvarna, STIHL Holding AG & Co. KG, MTD Products, Deere & Company, Emak S.p.A., and The Toro Company. Target Audience
Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At : https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market/speak-to-analyst Polaris Market Research has segmented the outdoor power equipment market report on the basis of equipment, power source, and region Outdoor Power Equipment, By Equipment Outlook (Revenue – USD Million, 2016 – 2027)
Outdoor Power Equipment, By Power Source Outlook (Revenue – USD Million, 2016 – 2027)
Outdoor Power Equipment Regional Outlook (Revenue – USD Million, 2016 – 2027)
List of Key Players of Outdoor Power Equipment Market
Find more research reports on Energy Power and Utilities Industry by PMR Livestock Monitoring Market Share, Size, Trends, Industry Analysis Report, By Animal Type (Cattle, Poultry, Swine, Equine); By Component (Hardware, Software, Services); By Application (Milk Harvesting, Breeding Management, Feeding Management, Animal Health Monitoring & Comfort, Heat Stress, Behavior Monitoring); By Regions; Segment Forecast, 2020 – 2027 Carbon Capture and Storage Market Share, Size, Trends, Industry Analysis Report, By Capture Type (Pre-Combustion, Industrial Separation, Oxy-Fuel Combustion, Post-Combustion); Application (Enhanced Hydrocarbon Recovery Process (EOR), Industrial, Agriculture, Others); By Regions, Segments & Forecast, 2020- 2026 About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Contact Us: Likhil G Follow Us : LinkedIn | twitter
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