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POWERED OUTDOOR EQUIPMENT

Global Market Trajectory & Analytics

MCP-2258

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  •  DATE

    AUGUST 2020

  •  TABLES

    129

  •  PAGES

    337

  •  EDITION

    16

  •  PRICE

    USD $5800


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Powered Outdoor Equipment estimated at 113 Million Units in the year 2020, is projected to reach a revised size of 139.4 Million Units by 2027, growing at a CAGR of 3% over the analysis period 2020-2027. Gas-Fired Outdoor Grills, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach 37.5 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Charcoal-Fired Outdoor Grills segment is readjusted to a revised 2.2% CAGR for the next 7-year period.
The Powered Outdoor Equipment market in the U.S. is estimated at 30.5 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 28.7 Million Units by the year 2027 trailing a CAGR of 5.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.
In the global Walk Behind Power Mowers segment, USA, Canada, Japan, China and Europe will drive the 2.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of 17 Million Units in the year 2020 will reach a projected size of 20.6 Million Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 19.3 Million Units by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 337-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Alamo Group Inc.; Blount International Inc.; Briggs & Stratton Corporation; Castelgarden S.p.A.; Deere & Company; Emak S.p.A; Husqvarna AB; Makita Corporation; MTD Products Inc.; Robert Bosch GmbH; Stanley Black & Decker Inc.; Techtronic Industries Co. Ltd.; The Ariens Company; The Toro Company
» Product Segment (Gas-Fired Outdoor Grills, Charcoal-Fired Outdoor Grills, Walk Behind Power Mowers, Trimmers/Brush Cutters, Chain Saws, Handheld Leaf Blowers, Front Engine Riding Mowers & Lawn Tractors, Bug Killers, Other Product Segments)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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