Outdoor Power Equipment Market Size, Share, & Trends Analysis growing at a CAGR of 6.3% from 2025 to 2030
The global outdoor power equipment market size was estimated at USD 53.42 billion in 2024 and is projected to reach USD 76.61 billion by 2030, growing at a CAGR of 6.3% from 2025 to 2030. The market growth can be ascribed to the increasing demand for cordless outdoor power equipment as people are more inclined toward greater flexibility and portability.
Key Market Trends & Insights
- In terms of region, North America was the largest revenue generating market in 2024.
- Asia Pacific is expected to emerge as the fastest-growing regional market from 2025 to 2030.
- By equipment type, the lawn mower segment dominated the market and accounted for a 40.99% share in 2024.
- By end use, the commercial segment is expected to grow at a significant CAGR over the forecast period.
Market Size & Forecast
- 2022 Market Size: USD 53.42 Billion
- 2030 Projected Market Size: USD 76.61 Billion
- CAGR (2025-2030): 6.3%
- North America: Largest market in 2024
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Furthermore, several companies’ technological advancements in outdoor power equipment are also expected to drive market growth.
