The outdoor power equipment industry comprises tools such as lawn mowers, blowers, tillers and cultivators, chainsaws, trimmers and brushcutters, sprayers, mist dusters, augers, chippers, and others. These equipment are widely used by both residential and commercial customers for applications such as landscaping, gardening, and lawn maintenance. The do-it-yourself (DIY) gardening trend, especially in developed regions such as North America and Europe, is one of the major drivers for the growth of the global outdoor power equipment market. The landscaping industry include landscape architecture, landscape planning, and construction, as well as maintenance. The growth of the global landscaping industry is driven by both new infrastructure projects as well as the maintenance and improvement of existing properties.  

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The outdoor power equipment market by equipment type is segmented into lawn mowers, blowers, tillers and cultivators, chainsaws, trimmers, hedge trimmers, sprayers, mist dusters, and others. The lawn mowers holds a significant share in the market, on the other hand, chainsaws is expected to be the fastest-growing equipment type during the forecast period. The chainsaws are available with cordless power systems, electric, and fuel-powered for property maintenance. This can also be used for trimming purposes as it has a bar & plenty of cutting power that helps in cutting small branches easily.

The penetration of connected devices powered with technologies such as Internet of things (IoT) and artificial intelligence is increasing at a fast pace across diverse industries ranging from healthcare to real estate. The growth of these technologies is driven by the increasing number of successful use cases in areas such as smart homes, smart buildings, and smart cities. The growing popularity of IoT across industries is motivating outdoor power equipment OEMs to integrate IoT with their products for enhanced productivity and convenience. IoT helps companies and customer in equipment location tracking, remote monitoring via smartphones, built-in safety measures, engine diagnostics and performance monitoring. Companies such as Husqvarna Group are integrating IoT in their connected lawn mowers. This trend is predicted to pitch over the period leading to a huge opportunity for the outdoor power equipment players.

The prominent market players in the outdoor power equipment market are Deere & Company, Honda Motor Co., Ltd., Husqvarna AB, Stiga S.p.A., and Techtronic Industries Co. Ltd.among others for a considerable share of the market owing to their product offerings to the outdoor power equipment market.

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