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Outdoor Power Equipment Market : Detailed survey of the key competitors and the leading players

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Sam K

The global outdoor power equipment market size is expected to reach USD 28.96 billion by 2027 according to a new study by Polaris Market Research. The report “Outdoor Power Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment [Mowers (Riding, Non-riding), Trimmers & Edgers, Blowers (Backpack, Handheld), Tillers & Cultivators, Snow Throwers, Others]; By Power Source (Fuel Powered, Electric Powered); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Sub-urban and traditional housing infrastructure in developed economies has backyard and front yard gardens or open house spaces devoted for recreational purposes, such as playing, relaxing, and, cooking or grilling). As a result, the demand for outdoor power equipment is expected to witness growth in North America and Europe. The purchase decision in the market is influenced by technology, ease of use, and cost of equipment for both residential and commercial customers. The normal equipment is costly for the common person and it is often found that the product is leased for special outdoor events.

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Increasing demand for electric-powered garden equipment is expected to drive the demand for the outdoor power equipment market over the forecast period. In addition, the increasing consumers’ need for beautifying their gardens, the demand for equipment such as a chainsaw, lawnmowers, trimmers, and blowers among others is expected to witness high demand. As a result, the outdoor power equipment market is expected to witness substantial growth.

Market participants such as Briggs & Stratton Corp., Ariens Company, Stanley Black & Decker, Inc., AL-KO KOBER GROUP, Husqvarna AB, Schiller Ground Care, Yamabiko Corp, Techtronic Industries Company Ltd, Emak S.p.A., Honda Motor Company, Ltd., Excel Industries, Inc., CHERVON (China) Trading Co., Ltd., Andreas Stihl AG & Company KG, MTD Holdings Inc., and Makita Corp. are some of the key players operating in the global market. The players in the market are implementing new initiatives to stay competitive. For instance, in July 2020, Husqvarna introduced Husqvarna Connect App in Canada. This new App is will connect its customers to provide information about the product’s specifications, parts, maintenance requirements, and operators manual.

Request for Discount on This Report @  https://www.polarismarketresearch.com/industry-analysis/outdoor-power-equipment-market/request-for-discount-pricing

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world

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Polaris Market Research

Phone: 1-646-568-9980

Email: [email protected]

Web: www.polarismarketresearch.com

 

 

 

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