At a compound annual growth rate (CAGR) of 3.6%, the global outdoor power equipment market is projected to grow from USD 23,825.1 million in 2021 to USD 31,623.7 million by 2030. The market is expected to develop due to the growing demand for landscaping services from both commercial and residential customers looking to improve the aesthetics of their buildings. The demand for outdoor power equipment is expected to be driven by homeowners' growing inclination to spend more time gardening and outside in developed countries, which is expected to fuel market expansion throughout the forecast period.

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REGIONAL ANALYSIS
Throughout the projected period, the outdoor power equipment regional market is anticipated to grow at the fastest rate in Asia Pacific. Over the course of the forecast period, the outdoor power equipment market in Asia Pacific is anticipated to grow at the fastest rate, XX.X%. China and India will continue to be important growing markets in Asia Pacific for producers of outdoor power equipment.
The region's need for outdoor power equipment market is being driven primarily by increased building activities and smart city initiatives, rising income levels, growing investments in gardening, and rapid economic expansion in nations like China and India. Japan accounted for XX.X% of the outdoor power equipment market in Asia Pacific in 2021, making it the largest market.
SEGMENT COVERAGE
Outdoor Power Equipment Market By Equipment Type
· Lawn Mowers
o Riding Lawn Mowers
o Non-Riding Lawn Mowers
· Saws
o Chainsaws
· Trimmers And Edgers
· Blowers
· Tillers And Cultivators
· Snow Throwers
· Others
Outdoor Power Equipment Market By Application
· Residential/DIY
· Commercial
Outdoor Power Equipment Market By Fuel Type
· Fuel Powered
· Electric Powered
Outdoor Power Equipment Market By Functionality
· Connected/Smart
· Conventional
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