The global outdoor power equipment market was estimated at USD 53.42 billion in 2024 and is projected to reach USD 76.61 billion by 2030, registering a compound annual growth rate (CAGR) of 6.3% during 2025–2030. This growth is primarily driven by rising demand for cordless outdoor power tools, as users increasingly seek enhanced flexibility and portability.

Key Market Trends & Insights

  • Regional leadership: North America generated the highest revenue in 2024
  • Fastest growing region: Asia Pacific is expected to emerge as the fastest-growing regional market from 2025 through 2030
  • Dominant equipment type: Lawn mowers held the largest market share by equipment category, accounting for 40.99% in 2024
  • Growth through end use: Commercial segment usage is expected to grow significantly over the forecast period

Market Size & Forecast

  • Market size: USD 53.42 billion in 2024
  • Forecasted size: USD 76.61 billion by 2030
  • Forecast period CAGR: 6.3% from 2025 to 2030
  • Leading region: North America was the largest market in 2024
  • Improvements in technology—especially advancements in battery-powered tools—are expected to further accelerate market growth

Key Companies & Market Share Insight

While specific market shares were not listed in the available content, the market is competitive—with several multinational and diversified manufacturers contributing technological advancements and broad distribution networks.

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Key Companies:

  • Notable players include (in no particular order):
  • Husqvarna
  • Makita
  • Honda Motors
  • Briggs & Stratton
  • MTD Holdings
  • Stanley Black & Decker
  • Stihl
  • Techtronic Industries
  • ECHO (Yamabiko subsidiary)
  • Ariens
  • The Toro Company
  • Deere & Company
  • Robert Bosch
  • DexKo Global (which may include AL-KO group affiliates)

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Conclusion

The outdoor power equipment market is experiencing solid growth, crossing USD 53 billion in 2024 and forecasted to reach over USD 76 billion by 2030 at a robust CAGR of 6.3%. Key growth drivers include the shift toward battery-powered tools, expanding commercial usage, and strong regional demand—especially from North America and fast-growing Asia Pacific. Lawn mowers dominate the equipment landscape, while a diverse pool of established companies continues to innovate and shape the competitive environment.

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