Key Market Trends & Insights

Regional leadership: North America generated the highest revenue in 2024

Fastest growing region: Asia Pacific is expected to emerge as the fastest-growing regional market from 2025 through 2030

Dominant equipment type: Lawn mowers held the largest market share by equipment category, accounting for 40.99% in 2024

Growth through end use: Commercial segment usage is expected to grow significantly over the forecast period

Market Size & Forecast

Market size: USD 53.42 billion in 2024

Forecasted size: USD 76.61 billion by 2030

Forecast period CAGR: 6.3% from 2025 to 2030

Leading region: North America was the largest market in 2024

Improvements in technology—especially advancements in battery-powered tools—are expected to further accelerate market growth

Key Companies & Market Share Insight

While specific market shares were not listed in the available content, the market is competitive—with several multinational and diversified manufacturers contributing technological advancements and broad distribution networks.

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Key Companies:

Notable players include (in no particular order):

Husqvarna

Makita

Honda Motors

Briggs & Stratton

MTD Holdings

Stanley Black & Decker

Stihl

Techtronic Industries

ECHO (Yamabiko subsidiary)

Ariens

The Toro Company

Deere & Company

Robert Bosch

DexKo Global (which may include AL-KO group affiliates)

Conclusion

The outdoor power equipment market is experiencing solid growth, crossing USD 53 billion in 2024 and forecasted to reach over USD 76 billion by 2030 at a robust CAGR of 6.3%. Key growth drivers include the shift toward battery-powered tools, expanding commercial usage, and strong regional demand—especially from North America and fast-growing Asia Pacific. Lawn mowers dominate the equipment landscape, while a diverse pool of established companies continues to innovate and shape the competitive environment.