Outdoor Power Solutions- Insights into the Middle East Equipment Market

Comments · 12 Views

Middle East Outdoor Power Equipment Market Summary :

Middle East Outdoor Power Equipment Market Size was projected at USD 28.19 Billion in 2023. The Middle East Outdoor Power Equipment Market industry is projected to grow from USD 29.66 Billion in 2024 to USD 42.36 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.56% during the forecast period (2024 - 2032).

The Middle East outdoor power equipment market is witnessing steady growth driven by factors such as increasing urbanization, expanding hospitality sector, and growing demand for landscaping and outdoor leisure amenities. Outdoor power equipment plays a vital role in maintaining green spaces, resorts, and recreational facilities in urban and rural areas, enhancing the aesthetic appeal and value of properties. Manufacturers in the Middle East offer a diverse range of outdoor power equipment, including lawn mowers, trimmers, blowers, and irrigation systems, tailored to meet the specific needs of different applications and environments. Moreover, advancements in outdoor power equipment technology, such as solar-powered tools, water-efficient irrigation systems, and smart landscaping solutions, contribute to sustainability and resource conservation in the region. With a focus on environmental stewardship and customer satisfaction, the Middle East outdoor power equipment market presents opportunities for investment and collaboration in landscaping and outdoor leisure solutions to meet the growing demand for green spaces and recreational amenities across the region.

Outdoor power equipment refers to a wide range of machines and tools designed for various outdoor tasks and activities. The rising adoption of battery-powered outdoor power equipment for maintaining lawns and gardening activities, increasing demand for landscaping services, and increasing interest of homeowners in gardening activities are the key factors driving the growth of the market. However, high maintenance costs and the availability of outdoor power equipment at lease are likely to hinder the growth of the industry. The market provides a range of opportunities for manufacturers to concentrate on the development of smart and connected outdoor power equipment.

Outdoor Power Equipment Industry Key Players

Major players in the Middle East Outdoor Power Equipment Market include

  • Husqvarna (Sweden)
  • Deere & Company (U.S.)
  • Honda Motor Co., Ltd. (Japan)
  • Blount International, Inc. (U.S.)
  • The Toro Company (U.S.)
  • STIHL Holding AG & Co. KG (Germany)
  • Stanley Black & Decker Inc. (U.S.)
  • Makita Corporation (Japan)
  • MTD Products (U.S.)
  • Emak S.p.A. (Italy)
  • Techtronic Industries Co. Ltd. (TTI) (Hong Kong)

Middle East Outdoor Power Equipment Market Drivers:

Landscaping companies, agriculture, forestry, and construction industries are major consumers of outdoor power equipment, as they rely on these tools for various operations.

Technological Advancements: Advances in technology have led to more efficient, fuel-efficient, and environmentally friendly outdoor power equipment. Electric and battery-powered equipment is gaining popularity due to its lower emissions and reduced noise levels.

Sustainability and Environmental Concerns: Environmental regulations and consumer awareness of sustainability have prompted manufacturers to develop eco-friendly outdoor equipment with reduced emissions and noise levels.

Market Segmentation

The outdoor power equipment industry has been segmented into products, power sources, and application.

By product, the Middle East Outdoor Power Equipment Market has been segmented into cordless and rope power tools.

By power source, the Middle East Outdoor Power Equipment Market has been segmented into electric, battery, and others.

By applications, the Middle East Outdoor Power Equipment Market has been segmented into household and commercial.

Regional Analysis

The segments covered in the Outdoor Power Equipment Market report are analyzed concerning four main regions – North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

The market for outdoor power equipment in APAC is projected to rise at the highest level of CAGR during the forecast period. Increasing investment in residential and infrastructure markets is estimated to bolster the construction industry, which will, in turn, push the use of outdoor power equipment in APAC. Japan is home to several outdoor power equipment and small gas engines manufacturers like Honda, Yamabiko, Fuji Heavy Industries, Kawasaki, and Yamaha. China is investing significantly in infrastructure development and urban planning. This investment in the construction sector is the key driver of the growth of the market. With increasing urbanization in India, there has been a high demand for outdoor power equipment that can support the construction industry in various urban development projects.

Related Reports:

Abrasive Waterjet Cutting Machine Market Research Report: Information by Type, Application, Industry, And by Region –Market

Injection Molding Machinery Market Research Report Information by Type, by Clamping Force, by Material, by End-Use, And By Region–Market Forecast Till 2032

Personal Protective Equipment Market Research Report Report By Product, By Industry and By Hazard - Forecast till 2030

CNC Machine Market Research Report Information By Type, By Application, And By Region –Market Forecast Till 2032

Cutting Tools Market Research Report Information By Tool Type, By Material Type, By Application, And By Region –Market Forecast Till 2032 

 

disclaimer
Read more
Comments