Asia Pacific Outdoor Power Equipment Market Outlook and Strategic Insights by 2027
Asia Pacific Outdoor Power Equipment Market to 2027 - Regional Analysis and Forecasts by Type (Lawn Mowers, Blowers, Tillers & Cultivators, Chainsaws, Trimmers, Hedge Trimmers, Sprayers, Mist Dusters, and Others); Power Source (Electric-Powered and Fuel-Powered); Application (Commercial and Residential)
- Status : Published
- Report Code : TIPRE00009818
- Category : Electronics and Semiconductor
- No. of Pages : 118
- Available Report Formats :
- Last update date : March 29, 2020
2019 Market Size
US$ 5,021.1 Mn
Base year value
2027 Forecast
US$ 7,400.8 Mn
Projected by 2027
CAGR 2020-2027
5.1 %
Growth rate
Addressable Market
US$ 50,572.92 Mn
(2020-2027)
The outdoor power equipment market in Asia-Pacific is expected to grow from US$ 5,021.1 Mn in 2019 to US$ 7,400.8 Mn by the year 2027 at a CAGR of 5.1% during the forecast period.
The outdoor power equipment industry comprises tools such as lawnmowers, blowers, tillers and cultivators, chainsaws, trimmers and brush cutters, sprayers, mist dusters, augers, chippers, and others. This equipment are widely used by both residential and commercial customers for applications such as landscaping, gardening, and lawn maintenance. In addition, the growing investments in infrastructure and construction industry are fueling the demand for this equipment in the commercial sector. The landscaping industry includes landscape architecture, landscape planning, and construction, as well as maintenance. The growth of the global landscaping industry is driven by new infrastructure projects, as well as the maintenance and improvement of existing properties. Commercial products and battery-powered equipment are the two fastest-growing categories in the Asia-Pacific outdoor power equipment market. The shift of fuel sources from gas to battery-powered is further boosting the growth. A few power sources include a lithium-ion battery, petrol, and diesel. The increasing focus on sustainable environmental growth, rising construction industry, and the growing number of electric-powered equipment are among the key driving factors for the growth of the Asia-Pacific outdoor power equipment market.
Due to rising environmental concerns and the increasing number of stringent government regulations related to carbon emissions, the outdoor power equipment industry is going through a shift from fuel-powered to electric-powered equipment. The trend of electric- and battery-powered equipment is now not only limited to handheld equipment. The ride-on and heavy equipment, such as lawnmowers, are increasingly available in various power source choices such as fuel and battery. One of the major reasons for the growth of battery-powered outdoor equipment is the increasing “capacity to current” ratio of lithium-ion battery cells. Hence, increasing advancements in battery technologies are driving the demand for electric/battery-powered outdoor power equipment.
The Asia-Pacific outdoor power equipment market is expected to grow at a good CAGR during the forecast period. The growing urbanization and increasing construction industry are supporting the increasing demand for the outdoor power equipment market in Asia-Pacific.
Rest of Asia-Pacific Outdoor Power Equipment Market Revenue and Forecasts to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Asia-Pacific Outdoor Power Equipment Market–Segmentation
Asia-Pacific Outdoor Power Equipment Market by Equipment Type
- Lawn Mowers
- Blowers
- Tillers and Cultivators
- Chainsaws
- Trimmers
- Hedge Trimmers
- Sprayers
- Mist Dusters
- Others
Asia-Pacific Outdoor Power Equipment Market by Power Source
- Electric-Powered
- Fuel-Powered
Asia-Pacific Outdoor Power Equipment Market by Application
- Commercial
- Residential
Asia-Pacific Outdoor Power Equipment Market by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Asia-Pacific Outdoor Power Equipment Market-Companies Mentioned
- ANDREAS STIHL AG & Co. KG
- Robert Bosch GmbH.
- Deere & Company
- Honda Motor Co., Ltd.
- Husqvarna AB
- Techtronic Industries Co. Ltd.
- MTD Products Inc.
- The Toro Company
- Ariens Company
- YAMABIKO Corporation
Asia Pacific Outdoor Power Equipment Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 5,021.1 Million |
| Market Size by 2027 | US$ 7,400.8 Million |
| CAGR (2019 - 2027) | 5.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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